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Server Time: 8/30/2008 2:54:48 AM PACIFIC |
 Time to move up?, ReMMy, 8. Sep 2003 19:13 | ||
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| Just looking for some other opinions. I've been playing Holdem for about 3 years now. Well read on many of the popular texts. I've developed my own personal strategy and understand the absurdities of low limit holdem so I don't really go on tilt. My job is such that I am able to play online an average of 6 hours a day while at work. About a month ago, I decided I wanted to make a serious attempt at supplementing my income. I signed up for 6 or 7 sites and tried them all while earning off the signup bonus's. For the past 2+ weeks I have averaged about $50 a day(not including promotional bonus) while playing strictly 1/2. I cashed out my initial deposit on all sites, so the most I have on any of them is a $400 bankroll. So my questions are: A. Is it time to move up to 2/4 or 3/6? B. Do you think I will need to alter my base strategy, or are the games pretty much the same for the most part? C. Would you suggest a larger bankroll? The absolute worst days I've had in 1/2 have cost me $100, so although $400 in 2/4 might be below the common suggested BR, I think it may be acceptable? As a follow up, if you think $400 isn't enough to move up yet, do you think I'm losing out on potential increased profit by not coughing up my own cash to move up to the next limit, or would you recommend continued 1/2 play until the bankroll is a bit higher? Keep in mind that I can definately afford 4-500 if need be... Thanks in advance for any input, ReMMy | ||
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| Re: Time to move up?, Formless, 8. Sep 2003 19:50 | ||
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| I think with $400 you barely have enough for 1/2, and the games are noticeably tighter at 2/4 and 3/6, so wait until you at least double or triple your bankroll. This should not take too long if you are winning $50 a day, but you will have some ups and downs. Otherwise you stand a good chance of going broke even if you are a good player. | ||
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| Re: Time to move up?, Mike812, 8. Sep 2003 22:57 | ||
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| i disagree...with 3 years of experience I think that you will do fine at the higher levels. The lower limits have such inexperienced players and certain strategies that you will use will not work on them. I think you should jump up to 2/4 and see how you do. If you lose, then you can go back down and work your way up again | ||
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| Re: Time to move up?, 4 POKER, 8. Sep 2003 23:12 | ||
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| Hi, I think moving up in limits "may" cause you to lose your entire bankroll even if you're a really good player. So it might depend on how you would feel mentally if you lost it when you worked so hard at building it to where it is now. If you don't mind risking it (because any time you play, you are taking that risk, no matter who you are, pro or not).....than give the $2-4 game a shot. See how you do and take it from there. If it were me, I would want my bankroll to be higher before I moved up only because the game moves so fast and it is possible to lose half of your bankroll in just one session of a $3-6 game. Most importantly though......what ever limit you play in, you have to make sure that you feel really comfortable there, and will still play with confidence, so you will be able to play a good game of poker without feeling scared or uncomfortable about the money. Just something to think about before you make the step. Good luck to you in whatever you decide. 4 POKER | ||
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| Re: Time to move up?, Barry T, 9. Sep 2003 02:14 | ||
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| Hi. This is a terrific answer. The onlything I would change is that I can easily loose the entire $400 in one session of 3-6. And you have to be prepared to do thatif the right opportunities come along and you want to try to take full advantage of them (and of course managfe to lose anyway). BarryT | ||
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| Re: Time to move up?, WilliamS, 9. Sep 2003 06:06 | ||
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| Build your bankroll to the suggested 300 BB on the site of your choice. As the other posters stated, $400 is too little to play 24 HE and above without a large chance of going broke even with optimum play. At $50 a day you can be to $1200 by the end of the month and then move up. By the sound of your post you have $400 in multiple accounts so you probably already have a high enough bankroll to sustain yourself at the 2/4 limit, but can you handle the emotions of going broke on one or more of those sites? I know there are advantages to playing multiple sites, but I have chosen to stay with one to get a better read on my "everyday" opponents. Maybe you should combine your bankroll into one site and then move up. Will | ||
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| Where can i gets me one of dem jobs?, Easy E, 9. Sep 2003 06:17 | ||
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| "My job is such that I am able to play online an average of 6 hours a day while at work." What the HECK do you do for a "living" that allows you to AVERAGE 6 hours of play at work? An insanely jealous Easy E | ||
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| Re: Where can i gets me one of dem jobs?, Schuster, 9. Sep 2003 08:05 | ||
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| My thoughts exactly, Easy. Lee | ||
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| Re: Time to move up?, stdioh, 9. Sep 2003 11:03 | ||
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| I think that you should keep doing exactly what you are doing for a long time. First off, move up when you have more money and when you've put in enough time to really know how much you are making. Second, $50 a day is great...especially since you're making that as an overlay to getting paid for work without putting in extra time. I don't see any incentive to move up until I'm *SURE* it is the right thing to do .... maybe in a year or so. Third, I would focus on 1 or 2 sites. Cash out from the others and play on your favourite 1 or 2. It'll make things easier for you. Fourth - don't get busted. Playing at work would be a dream - I sometimes play at the office, but only after work. Occasionally I'll slip onto a table when a very long compile is running, but even that riddles me with guilt. Fifth, good luck. | ||
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| Re: Time to move up?, INSINK, 16. Sep 2003 19:45 | ||
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| it's all about bank! I use 50 X BB .....but I play a tight aggressive game and jam hard! So if you have $400-$500 look at the 4-8 table..... on 8. Sep 2003 19:13 ReMMy wrote: > Just looking for some other opinions. I've been playing Holdem for about 3 years > now. Well read on many of the popular texts. I've developed my own personal > strategy and understand the absurdities of low limit holdem so I don't really go > on tilt. > > My job is such that I am able to play online an average of 6 hours a day while > at work. About a month ago, I decided I wanted to make a serious attempt at > supplementing my income. I signed up for 6 or 7 sites and tried them all while > earning off the signup bonus's. > > For the past 2+ weeks I have averaged about $50 a day(not including promotional > bonus) while playing strictly 1/2. I cashed out my initial deposit on all sites, > so the most I have on any of them is a $400 bankroll. > > So my questions are: > A. Is it time to move up to 2/4 or 3/6? > B. Do you think I will need to alter my base strategy, or are the games pretty > much the same for the most part? > C. Would you suggest a larger bankroll? The absolute worst days I've had in 1/2 > have cost me $100, so although $400 in 2/4 might be below the common suggested > BR, I think it may be acceptable? > > As a follow up, if you think $400 isn't enough to move up yet, do you think I'm > losing out on potential increased profit by not coughing up my own cash to move > up to the next limit, or would you recommend continued 1/2 play until the > bankroll is a bit higher? Keep in mind that I can definately afford 4-500 if > need be... > > Thanks in advance for any input, > ReMMy > > | ||
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| Re: Time to move up?, NiceFella, 23. Sep 2003 23:17 | ||
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| Someone else cannot tell you if you are ready to move up in limits. You'll just have to try it to see. Normally I would not advise a player in your shoes to move up in limits. You have only been playing seriously for two weeks. Poker is notoriously random in its short-term results, and you need hundreds of hours of play -- no joke -- to even begin making an educated guess about your skill level. However, 1/2 is a horribly low limit. I think anyone who makes a steady profit at any limit can survive a 4/8 game at least. As always, choose your tables carefully, watch out for your own mistakes, and learn from your experiences, win or lose. It sounds like you may be impatient. This is not a good poker trait. Be prepared to play for months at a given limit before moving up. $50 a day is not bad for low limit poker. Playing at a higher limit may not improve your daily average, but it will definitely increase the swings in your bankroll. If you play poker seriously for any length of time, you must be prepared for the inevitable losing streak. You WILL lose every day for a week straight at some point. You WILL have a losing month. It's just a mathematical certainty. You can't escape it. Absolutely do not play at a higher limit unless you can afford to lose at that limit every day for a week, and still have enough money to keep playing. If you don't have that much padding, then keep grinding away at your current limit. But if you have the bankroll, I say give it a try now and then. If you lose, consider it tuition. If you win, congrats! NiceFella | ||
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| Re: Time to move up?, ReMMy, 24. Sep 2003 12:00 | ||
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| When I said seriously playing for 2 weeks, I meant seriously making a documented attempt to see if it could be profitable, I have been seriously playing for over 2 years w/ Anyways, thanks for everyones input, I did decide to make a go of it and started playing whatever game looked the most profitable on my favorite site, I've turned the $400 I had there into $1700. I only ran into a couple very small losing sessions but now have the bankroll to handle the longer one when it shows up. I guess I should probably put off my plans to start a new job search, I don't think I'll be able to find one that can match what I make now + poker earnings =) | ||
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| Re: Time to move up?, LJH, 9. Oct 2003 13:21 | ||
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| REMMY, IF YOU MOVE UP YOU NEED A BIGGER BANKROLL, AT LEAST $1000.LJH | ||
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| Re: Time to move up?, ReMMy, 10. Oct 2003 12:13 | ||
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| I would agree with you on that, however I chose to look for some easy games and hope I didn't run cold right off the bat. Luck was with me and a few days ago I was up to $4500, I took my first big loss right after a small loss and dropped down to $3600 2 days ago and have now worked back to $4000. Guess it worked out, no more 1/2 for me =) | ||
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