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Server Time: 12/3/2008 11:01:29 PM PACIFIC |
 Setting Objectives, Hatchet Harry, 27. Aug 2002 15:42 | ||
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| Whilst relatively new to this wonderful game, I've had some thought provoking moments while roaming through the site posts. Alot of talk tends to be centered around profit expectation per hour etc. Being that I am a succseful business manager in the daytime, I'm figuring that I have alot more of the fundemental characteristics required for this game than i've given myself credit for. So I ask myself, what drives me within the workplace. 2 of my key motivations are Profit & Achieving Pre-defined objectives. The thing that interested me was setting some short and medium term objectives for my poker playing fetish. Before I go into what objectives I came up with, I would apreciate feedback on wether objective setting within the manner i've perscribed below is commonplace. Also any feedback on my initial objectives would be very much apprecaited. Starting Games are all online and consist of $5 / $10 No limit 10 seat Holdem tourney's & 0.5 / $1 Limit Holdem Cash games. Up to now I've tended to just bung the cashier $50 in about 4 times per month. So I start with 50 bucks and aim to make it up to $500 before moving up to $1 / 2 Cash games & $10 / $20 10 seat tourney's. Should i achieve this mammoth task, then I will aim to progress to a $1,000 before jumping up in levels again to 2/4 & 20 / 30. In each of the above cases I would put a fall back limit of $200 if i have exceeded the $500 dollar expection and $600 on the $1000 dollar expectation. At which point I would downgrade back to the lower limits. Whilst the above might seem a load of twaddle, i've noted a change in my play and in the last 2 nights have managed to get my 50 bucks up to $138. Regards HH | ||
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| Re: Setting Objectives, Andrew Wells, 27. Aug 2002 20:31 | ||
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| You can of course set whatever bankroll considerations you are comfortable with to determine what limits to play. However, bear in mind that if you can replace that money if you lose it all, then you don't really need amounts of 300 or more times the big blind. These considerations are for working pro players such that they won't go broke due to an extended downswing over several sessions. $100 should be enough to play $1-$2 hold'em comfortably. If you wait until you have $500 before playing $1-$2, it will be a long time before you move up in limits. | ||
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| Re: Setting Objectives, Roy Cooke, 28. Aug 2002 09:06 | ||
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| Hi Harry I think you should move up when you are mentally and emotionally prepared to move up and your game feels strong to you. Basing that decsion on bankroll when you have a job and I assume the money does not mean much to you is not the right way to approach the problem. Often the bigger games will provide a greater oppertunity to make money for you than the smaller games. The toughness of games is not always dictated by the limit, but rather by player composition. Roy Cooke on 27. Aug 2002 20:31 Andrew Wells wrote: > You can of course set whatever bankroll considerations you are comfortable with to > determine what limits to play. However, bear in mind that if you can replace that > money if you lose it all, then you don't really need amounts of 300 or more times the > big blind. These considerations are for working pro players such that they won't go > broke due to an extended downswing over several sessions. $100 should be enough to > play $1-$2 hold'em comfortably. If you wait until you have $500 before playing $1-$2, > it will be a long time before you move up in limits. | ||
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| Re: Setting Objectives, Andrew Wells, 28. Aug 2002 16:41 | ||
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| I'm going to suggest that one doesn't necessarily start at the lowest available limits. Let's assume that the following limits are available: .25-.50 .50-1.00 1.00-2.00 2.00-4.00 3.00-6.00 Let's further assume you are a novice player who has decided to try hold'em poker after reading Winning Low Limit Hold'em by Lee Jones. Suppose you have $100 to play with, and that it's not your life savings. I would recommend that you start right out with $1-$2, and try to move up more quickly than has been expressed in other posts on this forum. I think you should play at a limit where losing a big pot should hurt a little bit emotionaly, while winning one will truly be sweet. Furthermore, if you stay too long at the lowest limits you can easily develop bad habits that will not necessarily become recognizable as such until you truly face tougher competition. Your game may improve in ways that only allow you to beat very weak tables, making it much harder to move up later when you think you're ready. Try to get to $3-$6 before puting too much emphasis on available bankroll, and then take Roy's advice about going further when you're emotionally ready. That advice is more applicable when moving up in the middle limits of $10-$20 and beyond. | ||
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