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Bankroll question

  • 04-10-2006 11:12am
    #1
    Macspower
    Registered Users, Registered Users 2 Posts: 3,201 ✭✭✭


    Hi guys,

    Any advice from you would be appreciated on this.

    I mainly play live poker and thankfully have been making a steady (not millions) living from it for the last year or so. I've been playing online also and usually a winning player in SST and Cash games.

    I know I've been making the old mistake time and time again. I settle down play tight in some SST and Cash game and I build up a nice few bob and then I do one of 2 things. I either withdraw the money to clear my CC debit or I go and play some stupid big MMT or move up a few levels in cash games and sit down with my full tank and get unlucky/outplayed.

    This time I want it to be different. I want to do it right. I'll be honest about my bankroll/finances. I have about 1500 dollars in my online account right now and have about 5k in my live bankroll account. I manage my live bankroll very well and keep records of everything and know what works. But have no idea about my online one.

    My questions are as follows.
    1) should I keep my live bankroll and my online one seperate?
    2) what level should I play in SST and cash games starting with this new ammount. ( i like 2/4 and normally come out a winner but i'll play whatever level u guys suggest)
    3) should i get something like pokertracker or the like?
    4) as i said I need to make a living as well as build a bankroll. How much is acceptable to withdraw as I go along.

    Sorry if this all seems a little longwinded but I'm sure you get the idea and some of you have been through this before yourselves.

    Any help appreciated on the above or any other suggestions...

    Mac. :confused:


Comments

  • #2
    Dr_Colossus
    Registered Users, Registered Users 2 Posts: 3,191 ✭✭✭Dr_Colossus


    1) Yes I'd advise keeping your live and online bankrolls seperate.
    2) For cash games with an online bankroll of $1500 the max level I would advise is 0.50/1.00 NL, and even for this you're under bankrolled. With a live bankroll of 5,000 the max level I would advise is 1.00/2.00.
    3) I definately would advise getting poker tracker, very good for online cash game analysis and only costs $50 or so.
    4) I don't think your bankroll is sufficient to play professionally therefore I would advise withdrawing as little as possible in order to try and build your bankroll.

    Other suggestion:
    If you're going to be playing alot of cash games online I'd advise playing on a site with a good rake back deal as it really does make a big difference when you pay out thousands of dollars each month in rake.

    Good luck and hope it goes better than my recent run at the tables


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