Quality over quantity and bankroll rules December 15, 2006
Posted by yorkshirepuddings in Cash game, Online Poker, Poker Sites, Strategy.trackback
Sorry about the miserable tones of my last post from this morning but I was feeling strangely green round the gills and had a really shitty journey into work which always puts me in a right mood before I even start!
I slagged off Prima and it’s software before I have really given it chance. What kind of donk moves to a new site and immediately sits down at four 6-max NL tables and expect to be profitable? LMFAO, what a knobhead! So I have decided to give Prima until around Christmas to try and win me over! After deciding this I got to thinking about bankroll management, stop gaps and the like and have come up with a new system that I am going to stick to religiously.
- Always have at least 20x, preferably 25x the maximum buy in for any given level
- Never have more than 10% of my bankroll in play at any given time
- If I lose 5% of my roll in a day, walk away until tomorrow
- When moving up, if 5x buy ins are lost, drop down to the previous level
This means that I will be, for the time being, be limited to be playing a single table of NL10! I can hear Cadmunkey laughing his bollocks off as I type this. I had to withdraw around $400 in the past couple of weeks for Xmas related shit so I only have online around $248-$250 (I think), which is around 25x buy ins for NL10. I will be adding some cash on December 22nd when I get paid but I can’t count this amount as my roll as it isn’t readily available yet for pokery and I honestly don’t know how much I will be able to put online so I have to work with what I have got I guess!
I also think that by doing this I should always be playing within my comfort zone and by playing one table I should be able to improve my reads, thought process and overall play in general. I read a lot of forums and high stakes player’s blogs and I am amazed on how much thought they put into a hand. Yeah I think about the hand I am in but a lot of my thought processes come after the event because I am too busy trying to keep up with 4 screens and 20 opponents! The amount I win will be much less I should imagine but I expect my PTBB/100 to go up and also by playing this way I think I’ll be laying some good foundations for when I move up levels in future because I sometimes feel like I’m running before I can actually walk!
You reader might want to check out Blackscribe’s blog (I’ve just added him to my blogroll). It’s one I browsed a while back but have recently started to visit a bit more. The guy is killing the the NL10 games at Prima, maybe I’ll have a tale to tell after this weekend if we lock horns at some point!
Thanks for checking in, have a good weekend and best of luck at the tables 
Now, you are talking, yorkshirepuddings! Those are some really great guidelines. I especially like the one about dropping back down if you lose too much. Sounds prudent.
Well, I’m about to hit the tables and will try to find you. What is your Prima name again? Mine is speedchaser.
Best of luck to you.
Bud, I wouldnt laff my bollox off if ur making a serious attempt at proper bankroll management for a change. Very commendable…
Good luck!
Thanks guys! I have ambitions and need to not only improve my playing skills but also my attitude and bankroll management and this is the start!