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Sep 27,2007, 09:29 AM
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#1 | | Junior Member
Join Date: Jun 2007
Posts: 2
| Please...I need your advice.....
Hello folks,
This is my first post and I'm looking for any thoughts and advice that you may have regarding poker and bankroll management. Before I begin, it's seems a little strange being an Englishman from Newcastle Upon Tyne (North England) posting on a Canadian board (not sure why that is!!).
Anyway, 8 nights ago I started with a bankroll of $40 dollars and have been playing various S&G tournaments, some 6 man, some 10-man. A full week has passed and I now have over $800. I have put in 12 hours at the tables (i'm recording everything) so guess in theory that I have, so far made, $67 per/hour. Is that good? I started doing a couple of $3 10-man, then $6 10-man, moving onto $11 10-man and then I've been dabbling in $22 and $33 6-man tournaments. I have played approximately 28 games, won 15, placed in 6 and not won a bean in 7 games. Any suggestions as to natural progression onwards/upwards/backwards/sideways? Should I lower me games stake entry??
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Sep 27,2007, 09:43 AM
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#2 | | CPF non-dirty whore
Join Date: Jul 2005 Location: Canada
Posts: 3,189
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Suggestions... enjoy your hot streak... it won't last.
Other suggestions... search this forum for advice... SNG bankroll management has been discussed countless times before.
/g2
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Sep 27,2007, 11:09 AM
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#3 | | Cash games are evil!
Join Date: Dec 2005
Posts: 1,967
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if I won $0.67/hr online, I be happy. Take your winnings and run before it is all gone.
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Sep 27,2007, 11:42 AM
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#4 | | PFC Asshole and Commander
Join Date: Sep 2005 Location: getting outrun by blind squirrels
Posts: 8,406
| Quote:
Originally Posted by JAY JAY SEA  I have put in 12 hours at the tables ...
I have played approximately 28 games, won 15, placed in 6 and not won a bean in 7 games. | How may tables are you running at once. 28 games in 12 hours (with 15 wins) seems kind of low.
As bankroll mgmt, I like to use about 5% of my bankroll, so in your case you'd be playing $40 S&G. Like others have said, there is alot of info on BR mgmt out there.
Nice run...get some $ out before variance bites you in the ass.
__________________
Hobbes
Playing micros is like getting a rectal exam from a leper who walks away with 9 fingers.
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Sep 27,2007, 02:14 PM
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#5 | | Full PFC Member | Quote:
Originally Posted by JAY JAY SEA Anyway, 8 nights ago I started with a bankroll of $40 dollars and have been playing various S&G tournaments, some 6 man, some 10-man. A full week has passed and I now have over $800. I have put in 12 hours at the tables (i'm recording everything) so guess in theory that I have, so far made, $67 per/hour. Is that good? |
If that is truly your record, take out a second mortage on your house and start play 6 man 2000 sit n gos on stars. Winning more than 50 percent of the sit n go you enter without getting bad beat, you will easly make a living play poker.
Brent
PS You know 67.00 an hour is good, why ask.
__________________
"Logic, reason, and science don't define everything in this world".
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Sep 27,2007, 07:10 PM
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#6 | | Full PFC Member
Join Date: Feb 2007 Location: St.Albert, Alberta
Posts: 788
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if i could make 67$/hr playing poker, i would be sitting on my ass at home playing everyday. if i was you playing with your $40 bankroll, winning those SnG's 3, 6, 11$ tables...i would say stick with that if your still winning...IMO..
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Sep 27,2007, 07:47 PM
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#7 | | Junior Member
Join Date: Sep 2007
Posts: 2
| hi there quick start
it sounds like people are in concensus that you're on a hot streak...for sure i've experienced it...
enjoy...they say you shouldn't play with more than 10% of your bankroll...so think of that buy in and calculate how high you table should be (in term of big blinds).
generally people will buy in with 200 on a 1/2 no limit table...if that helps gauge table size.
josh
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Sep 27,2007, 07:48 PM
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#8 | | Full PFC Member
Join Date: Mar 2007
Posts: 135
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Your $67/hr win rate means absolutely NOTHING.
Why...
Your sample size is WAYYYY too small, you are the receipiant of SHORT TERM LUCK. Simple as that.
No, you are not that good, sorry.
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Sep 27,2007, 11:24 PM
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#9 | | Full PFC Member
Join Date: Mar 2006
Posts: 782
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I'd suggest if you want your money to last, just stick to SNGs and Tournies. Buyins of 11$ and lower, otherwise bad things can happen.
__________________
I love the nuts!
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Sep 28,2007, 07:33 AM
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#10 | | Official ***** Frenchy
Join Date: Aug 2007 Location: Drummondville, Quebec
Posts: 772
| Quote:
Originally Posted by ChrisWinsor I'd suggest if you want your money to last, just stick to SNGs and Tournies. Buyins of 11$ and lower, otherwise bad things can happen. | Yea... once I won a few bucks in a sng and went to some cash table and a monkey raped me 
worse day of my life I tell you ...
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