I had a sick breakeven stretch for 7k hands last week where I thought I played really well and that basically put me on tilt and I dropped 8 buyins at 25nl after moving down to work on my game. Last night I finally started playing well again at 25nl so I gave 50nl another shot today with some good results: ~2 buyins in the last hour to complete a full recover from my downswing at 25nl. Move up to where they respect my raises obviously (they still don't here either).
Before the breakeven stretch/downswing I was running at a good $30/hour for the month. Now I'm at a measely $12/hour, but I feel like I learned a lot going through those last 10k hands. 50nl players are so overly aggressive that I'm finding it profitable to just sit there and wait and let them do the betting. They absolutely love to bluff when I look weak and I'm getting a lot of value out of my top pair hands vs. their air. People I've talked to are very right that this is the level where people like to experiment and it is very confusing but I think I'll become a better hand reader because of it.
I've decided to settle into 50nl for a while as I don't think I could handle a decent sized downswing at 100nl even though I'm technically rolled for it. I think I'll continue playing 50nl until I get to ~$3600 and then 4-6 table. I can't play as many tables moving up. 25nl and down I can auto-pilot for a decent winrate of maybe 7ptBB/100. But at 50nl and up, I probably run at 2ptBB/100 on auto-pilot and 8ptBB/100 if I 6-table.
I'm rambling again so I'll just post this...
Showing posts with label Bankroll Management. Show all posts
Showing posts with label Bankroll Management. Show all posts
Thursday, 19 June 2008
Thursday, 20 March 2008
Long Term Plan - Bankroll Management
I decided on a longterm bankroll management plan to help me move up levels. I stuck around at 10nl far too long (over a year) without considering moving up. $25 was a lot of money and it was scary to lose that much in one hand until quite recently for me.
So here's my plan, I play one level until I hit the top $ limit, have at least 10k hands at that limit, and I am beating that limit for at least 5ptBB/100 over the last 10k hand stretch. If I meet those requirements, I move up. If I drop below the lower $ limit at the current level, I have to drop down and work myself back up to the upper $ limit fo the lower level. fjdsajflk; That's confusing so:
10nl - $0 - $500
25nl - $400 - $1500
50nl - $1250 - $2500
100nl - $2000 - $6500
200nl - $6000 - $14,000
... and so on - hopefully.
This essentially gives me 5 buyins to lose at the new level before moving back down and regaining confidence. And the higher up I go, I give myself more of a cushion in terms of buyins.
I withdrew about 1/3 of my roll today to pay for some bills since I'm technically rolled for 100nl but have no intention of moving up from 25nl for another 8500 hands, and I'm still overrolled for 50nl even after my withdrawal so no sense in having that money sit there and do nothing when I don't need it.
So here's my plan, I play one level until I hit the top $ limit, have at least 10k hands at that limit, and I am beating that limit for at least 5ptBB/100 over the last 10k hand stretch. If I meet those requirements, I move up. If I drop below the lower $ limit at the current level, I have to drop down and work myself back up to the upper $ limit fo the lower level. fjdsajflk; That's confusing so:
10nl - $0 - $500
25nl - $400 - $1500
50nl - $1250 - $2500
100nl - $2000 - $6500
200nl - $6000 - $14,000
... and so on - hopefully.
This essentially gives me 5 buyins to lose at the new level before moving back down and regaining confidence. And the higher up I go, I give myself more of a cushion in terms of buyins.
I withdrew about 1/3 of my roll today to pay for some bills since I'm technically rolled for 100nl but have no intention of moving up from 25nl for another 8500 hands, and I'm still overrolled for 50nl even after my withdrawal so no sense in having that money sit there and do nothing when I don't need it.
Labels:
Bankroll Management,
Moving Up
Subscribe to:
Posts (Atom)