Form and Stats

[Invigilator]

When we talk about bankroll management, it is often in terms of having enough reserves to absorb the variance while playing at an appropriate buy-in. However, you are bringing up a very vaild point. If a person is serious about winning, I would say you absolutely HAVE to know how much you are winning or losing (unless you have soo much money that you'll never run out ).

My cousin is a good player, but he plays higher than he can sustain. He takes shots, busts out and makes new deposits fairly regularly. I am sure he has no clue how much money he has lost. Going along with that, he has a hard time identifying the holes in his game. When he is winning, he feels like the best player in the world, but like Mike "the mouth" he bust out more than he should. (disclaimer, when he is winning, he is better than I am)

Money is the measure of winning and losing in the long run. In any game, if we don't know if we are winning or losing (again, in the long run), it would be pretty hard to know if we were playing well.

[Wes]

How can you not know if you are winning or losing? Wouldn't it be obvious when you redeposit for the 15th time?

[Invigilator]

For most people. People who take money out of their online account for non-poker stuff could be unclear why they are down if they don't keep records.

[Talking Poker]

Winning players (usually) keep records.

Losing players don't.... If they did, they wouldn't be able to lie to themselves and convince themselves that they are winners.

[Kurn]

I agree 100%. I don't need to pay a site to know how much I've won or lost. I log my results at the end of each session (or tourney, or SNG) and keep a +- running total. There's no denial possible when you look at the numbers every day.

[jimmym]

I have to fully agree in what you write, but am afraid the plain truth is most or should I say a big majority of online players dont actually know there losses since the start. And this can be a eye-opener.

There is no doubting every player will know whether they are up or down each month, running PT takes care of this for me in the main. But it is very easy for a player to write off a month or two and then another and so on. The point of the thread is to point people to a tool which will keep those records since the start of your poker journy, its a great tool for looking how your improving or not over each month/year and at what levels/games you are winning/losing.

Mainly tournament based so I suppose a true reflection can sometimes be jarred as nowdays if you hit in even a modest tournament you can jump to huge +profit, but still in my opinion a great tool to have full access to.

We all have to remember that with poker forums the members will range right through the poker spectrum so allthough its sometime easier to laugh or scoff at how players manage there bankroll its allways important to offer all means and ways on how players can do this.

OK I will try to explain how Ive read into the data held on Bluff for myself. After reading everything held I have found that at certain games playing at certain levels I have done well on a month on month basis. I was showing a reasonable roi playing $8+ plo omaha, now I checked to see that this was not just a high place that had thrown my roi up but was constant finishes in the most. Looking through there data it was clear for me to see that I was quite good at this game placing in the biggest majority of these mmts over the past year and improving month on month.

Now I know some will say I should of known this anyway but as I explained I sometimes play 6 tournaments at a time and sometimes 20 a day.

So I have set rules for myself, which through self disipline I will follow,Lastnight I fired up the pcand decided to stick to my plan 1 entry into a $10 NL tourny and 1 entry into a $8 pl omaha tourny, now I went out in the NL fairly early but was happy with the way I played moving allin with a set and my opp hitting a flush on the river. But in the Omaha I found just playing the 1 tournament I was quite good, I found I was totally at ease and felt in control, my stats were showing 19/19 hands won at showdown before again I went out again happy with my play holding a full house to my opps 4 kind.I took 6th so managed yet another final tbl.

So thats how am using this data to learn with, which may sound strange to some, but to me its all about learning still.

[Reel Deal]

Sorry to do this but...





* jumps down off grammar soap box *

[jimmym]

Its OK.

My 13year old daughter acts like that, you will grow out of it

[Reel Deal]

No, I probably won't... I just thinks it be to important to speeks good.

[Invigilator]

I thought only school teachers and librarians did this. Good on ya' mate!