Poker Bankroll Building
Brief update about my SNG project. I have now played 56 SNG, which is still far to few to predict whether I am a winning player on the limit I am playing at. I am up 5$ since my last update a week ago, played 20 SNGs. That is not very satisfying, but it also becomes more and more clear that the rake is "eating" up the profit.
Statistics are now:
Stats so far:
SNG Played: 56
Rake: $36
In the money: 38 times. 67.8%.
Net profit: $49
Michael, July 15th.
Bankroll project update 4.
Bankroll
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Tags: Poker Articles, Poker Bankroll Building, Poker Projects
I haven't been playing as much as I hoped the previous week for several reasons. The Internet was down one of the days because the town I live in on Malta, Sliema, had an electicity break down. So no Internet for half a day. I also hit a bad run of losses. For me that is three SNG lost in a row (remember that 50% of the participants recieve a prize in the SNGs I play).
My personal rule is that I stop playing if I hit such a bad run. I know three in a row is not much, but from experience I know
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Tags: Poker Articles, Poker Bankroll Building, Poker Projects
The skill – persistence – will be the next one to describe in the series of Bankroll Management skills . First a short definition of persistence:
… ability to maintain action towards the goal of a project regardless of your current feelings toward the project. The ability to press on even if you fell like quitting…
When done by the book, building a bankroll through bankroll management is a slow process. In addition it may seem boring at times, since you will always be accustomed to
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Tags: Poker Articles, Poker Bankroll Building, Poker Bankroll Management
My Short Stack Strategy Project covers a series of 5 posts in total.
Other posts in this series:
short stack strategy_applied_update 2
short stack strategy_applied_update 3
short stack strategy_applied_update 4
short stack strategy_applied_update 5
Basically I am on fire on the poker tables with my new short stack strategy. I am playing the 25$ max buyin No Limit full ring tables at Everest Poker, and buying in with 5$. Whenever I reach 4$ on a table I make a 1$ rebuy to 5$, and
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Tags: Poker Articles, Poker Bankroll Building, Poker Projects
Sit and go poker bankroll project, #3
This is the third update on my sit and go project. I have now doubled my stack, started with $60 and my balance at Inter Poker is now $123.
But rake does lower the profit significantly. I have payed $19 in rake so far. So if I was signed up for a rakeback deal I would have received 30% back.
I am still playing the 50% double up sit and go, as mentioned in the previous updates. It does give the game a different element than normal sit and go´s. People
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Tags: Poker Articles, Poker Bankroll Building, Poker Projects
Follow up on the SNG Bankroll Building Project.
I am still playing the 50% double up SNG at Inter Poker, where half of the contenders double up on the buy in. But because of a software update the lobby currency is now only UK Sterling. So the table is now £5+£0.5 which is approximately $10. Very high buy ins compared to my very low bankroll.
But it seems like it's the poker gods intention that I should have a go at the higher table. And don´t ever go against the poker gods!
This is of
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Tags: Poker Articles, Poker Bankroll Building, Poker Projects
This article is a part of the Poker Bankroll Management series.
In the series of articles describing necessary skills required for good Bankroll Management at PokerBankrollBlog.com the personal skill – acceptance – will be the next skill I will go into depth with. To know what I refer to when I say acceptance a definition of acceptance is necessary:
...the act or the process to perceive reality accurately and consciously acknowledge what is perceived without resistance or aversion to what
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Tags: Poker Articles, Poker Bankroll Building, Poker Bankroll Management
Hi Guys
I have finally found the time to play some more poker. So will have a go at building a bankroll by playing SNG's at Inter Poker (Cryptologic).
I have deposited $60 and will start playing $5 ($0.5 rake) SNG's and gradually move up in buy ins. This gives a rather small bankroll compared to the buy in, only 10 x buy in (plus rake), so will have to try to avoid back luck... How does one avoid bad luck?? My first goal is to stabilize my bankroll for $5 buy ins. Should in theory have
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I have been really busy this week, working as a research project manager during the day and on the PokerBRB Community in the evenings. I think we have managed to integrate the 4 branches of our community nicely; I am really looking forward to see if our changes bear fruit and increase traffic to our sites.
The downside to my busy week has manifested itself in my Bankroll Building Project; I have only managed to play 6 session hours since my last update. On top of this I haven't won a single
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Tags: Poker Articles, Poker Bankroll Building, Poker Projects
This article is a part of the Poker Bankroll Management series.
For those who haven’t heard of the Chris Ferguson Challenge – here is a short summary of his project. The Poker Pro player Chris Ferguson started his own mission – turn 0$ into 10.000$. This project was an exercise in bankroll management – with clear rules for his buy in strategy.
From the very beginning the project Ferguson set up some clear guidelines he strictly had to follow:
Never buy into a cash-table or a Sit&Go
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Tags: Poker Articles, Poker Bankroll Building, Poker Pro, Poker Projects