Slow bankroll building

nitid1 · Posted: Sat Dec 17, 2011 4:51 pm Post subject: Slow bankroll building

Hi all,

i took the course about 3 weeks ago when my account was about 28 US$. I played the micro stakes HU at pokerstars 1.2$ and am now up to 41 US$ with a high of 45 US$ yesterday. Had some bad luck hitting me like my AA busting twice against cards like 54 or 99. The nature of the game it guess...

My fist impression is quite good. However i do have the feeling winning does not come easy. I feel like this is actually working. I have not tilted once untill now and this will remain my first focus. Many sessions are like one win, one loss, one win, one loss, ... This it quite frustrating and makes you wonder how big your edge can ever be. If brokerstar reaches 20% ROI, this means he wins 8 out of 10 games right?

I have trouble with agressive players and sometimes i feel like the tag style from the course is inviting players to attack me since the style teaches to limp a lot preflop. Once they got the hang of it they seem to continue to do this even after the flop. Will stick to the course material for now.

My goal is to reach 50$ and then move up to the 1.5 EURO games, about 2 $ or 3.5$ games. Will keep my progress posted, but will be slow since i do not play that much.

Best of luck to you all.

sandman369 · Posted: Sat Dec 17, 2011 7:14 pm Post subject:

ROI isn't the same as win %, and it's impossible to have an 80% win rate over a large sample. ROI = return on investment. So if you play 100 games of $1.2, you've spent $120. 20% ROI means you've profited $24 from those 100 games.

GL at the tables! Don't be afraid to post questions around the forums, lots of good players here to give good advice

blsmur · Posted: Sat Dec 17, 2011 11:30 pm Post subject:

I would be happy to review a few games with you anytime

nitid1 · Posted: Sun Dec 18, 2011 8:59 am Post subject:

Thx for the comments!

Blsmur. If we would review some games, how would this be done? Do i need to send you a file or do i need special program for that? I have a pretty busy life so if i would start with sweating some games i think it would be best to reserve like 1 evening per week to focuss on just that. Do you play the tag style like Brokerstar?

At pokerstars you can find me with playername 'nitid1'

Regards

nitid1 · Posted: Sun Dec 18, 2011 9:20 am Post subject:

Sandman,

So if you say play 10 1.38 $ games, total investment is 13.8$

If you win 5 and loose 5 your winrate is 50% and your ROI is 0%. (net win 0)
If you win 6 and loose 4 your winrate is 60% and your ROI is 10% (net win 1.38$)
If you win 7 and loose 3 your winrate is 70% and your ROI is 20% (net win 2.76$)

Is this correct or am i missing something?

Also if i consider the rake (0.12$) at the stakes i am playing a winrate of 60% i would just be over breaking even. (0.12 x 10 =1.2$)

stakes 1.38$ +0.12$: 60% Winrate for 10 games, net win 1.38$, minus rake 1.2$ = 0.18$ profit
stakes 3.29$ + 0.21$: 60% winrate for 10 games, net win 3.29$, minus rake 2.1$=1.19$ profit

conclusion: The higher the stakes, the lower your winrate can be to make a profit and if you get rakeback it can make a huge difference. Must move up asap i think.

Thanks in advance for any comments.

blsmur · Posted: Sun Dec 18, 2011 12:16 pm Post subject:

hi just call me on skype

blsmur

we can take it from there

happy to help out if I am awake

we are 10 hours in front of GMT

but I am sure we can find some crossover time

by the way

in husng if you win 5 games and lose 5 games you losing money
but if win about 5.5 games you breaking even of perhaps making a slight profit
so the goal is 6 + games out of 10
I am sure there a players that can do better than that at low stakes
but at higher stakes it gets harder

mind you $ 1 to $20 is low stakes and you should be able to play them when you bankroll will allow

sandman369 · Posted: Sun Dec 18, 2011 4:35 pm Post subject:

You have to include the rake in ROI calculations, because you are actually spending a.k.a. investing that money.

So 10 1.38 + .12 games = $15 invested
5 wins = 5 x 2.76 = 13.80 ... 1.20 loss
6 wins = 6 x 2.76 = 15.56 ... 0.56 profit

At the 3.29 + .21 games, 10 games costs $35
5 wins = 5 x 6.58 = 32.90 ... 2.10 loss
6 wins = 6 x 6.58 = 39.48 ... 4.48 profit

That's why having rakeback is a VERY good idea. And yeah as you get higher up in stakes the rake is lower % wise.

nitid1 · Posted: Sat Dec 24, 2011 9:14 am Post subject:

Hello Guys,

update for the week: I am back at 35.65$ from 45 US$ (started around 28$) So 10$ lost in last 2 weeks.

When i check my stats in playerscope:

195 games played.

Last 7 days i am ITM 45.45%
last 50 games i am ITM 52%
last 100 games i am ITM 55%

These looked obviously better 2 weeks ago (i reached 65%), but still, rake is costing me a lot (195 games x 0.12$= 23.4$), even i i have not been on the heavy loosing side.

Why did i lose (as far a i can honestly say):

1. Well if i would have avoided going all in in the first few hands of a game just because i think someone wants to bluff me (image building) off a scary board when i have top pair it would have saved me 3 buyins. I would consider this a leak.

2. I have lost allmost EVERY preflop all in situation in the last week. Aces busting, My top pair hitting their straight or flush. AK vs 10/9, QQ vs A3... Actually at this stage every time i get all in i close my eyes and just start laughing when i see the result. REALLY. I got lucky once with my AJ hitting a J against a 44. Even had some post flop all ins turn bad like, my 2 pair against their pair making trips etc...

I start thinking about avoiding all ins all together, but that would be a bit harsch i guess. Is this the reality of poker? Is it VERY dependent of your all in results? Or are there any guys who can outplay their oponent without ever going all in, that is as long as stacks are about equal?

Will keep you updated.

Good luck.

blsmur · Posted: Sat Dec 24, 2011 10:16 am Post subject:

hi I think you can safely not be all in above 20 bb with almost any hand
so if you find your self being all in with more than 20 bb then it is not necessary

try playing a few more flops or just fold pre unless you have a big hand
ie AA KK QQ

if you have done Brokers course you better do some more study on it

if you want someone to chat to skype me

nitid1 · Posted: Sat Dec 31, 2011 9:50 am Post subject:

Hi all,

end of the week. My bankroll is at 32$, so i am almost back from where i started.

Roi over last 50 games is 44%
Roi over last 100 is 53%

Wil check the course again and see if it helps and also will do a leakfinder with brokerstar.

Just played a loose player that would pot bet every flop, and being card dead this really sucked. When i got bottom pair he would just barrel the turn/river and make me fold pffffffffffffffffffffff I really do not feel like having any edge at all in general at this moment.
Makes me want to raise and reraise it all and look for a hyper agressive strategy, but i know it is the tilt monster coming up...

Have a nice new years eve and good luck!

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