Great News

[GeoffM]

One of the reasons I don't play MTTs is because I have such a good record at them. 2/7 on FTs and I won one of them.
Well, tonight I am eyeing the freeroll on Paradise and the 1:30 am limit O8 tourney on PS, so that number could change.

[BrianSwa]

I agree with all you that people do go through long streaks of no cashing. I agree my 50% was high but the question I would like discussed about is...."Is it possible to build a bankroll through torney play" . Now im not talking about taking $50 into a $50 torney and cashing big time, Im talking about taking your $50 and enter some LOW buy in tornies and build from there moving up levels everytime you hit a milestone.

Do you think it is possible to do this?

[Windbreaker]

My point with the $50 initial bankroll is, if that's all you can afford to put into poker, then you might as well play on play money tables. If you can't afford to lose money, don't gamble. (I know...poker isn't 'gambling' for guys with experience...but for new players it very much is like blackjack or other casino games, because you are going to have to take a few lumps to learn).

Second point with the MTT, if you plan on making money playing just tourneys, you have to finish final table a few times to make it worthwhile. It's simply not good enough to just make the money. If you make the money in say 30% of all MTT tourneys you play, and have no final tables, you'll more than likely be losing money or breaking even.

There's a good reason why the majority of pros all play side games. The only pro that I can think of that only plays MTT is Chris Ferguson. Maybe TJ Cloutier does as well since he likes playing tournies so much.

[omahilo]

Negreanu posted in his blog one time that he doesnt believe you can make money from strictly being a tourney player because of the long droughts, etc.


That point aside, lets cash you play a freeroll on PS and win a seat to a WSOP ME sat then win the sat and make it to the ME then cash at the main event for 100K.

if you continue to just play tourneys, you could easily lose 70-80% of that in no time.

1K entry here, 2K entry there.... a big 5K entry perhaps. If you go 6 months without a big cash (a FT appearance aleast), you going to lose most of your roll.

[JDMcNugent7]

Well, I am probably the best person to answer ALL these questions about MICRO limits on this blog. I just turned 19. I have Never deposited any $ onto stars. I started out playing Play Money and then sold that PLAYMoney for 70 cents. That 70 cents meant so much to me, I would sit at .02/.04 limit tables for hours trying to hit $2. I dislike limit but i couldnt sit at a NL table with only 70 cents. Once i had $2 i started playing .01/.02 heads up tables. It took about 5 months and soon i had over $100. I know this was nothing compared to what you guys play but i had no way of deposting so i really didnt want to lose it. Soon i had $300 and cashed out $50. Then i started STUPIDLY playing the $1/$2 tables and i lost all my money but $2. I did just Recently learn my lesson tho.
I was pissed and quit playing poker for about 4 months. I came back and bought into a $1 MTT and finished 6th of 2146 and got back up to $85. I play just the .05/.10 tables and the $5 and $10 Sit N Go's and now have $125 in my account after cashing out another $50. I also play up to the $11 MTT tournys, i know thats not within my bankroll really, but i tend to do pretty good at these, making at least some money about 35% of the time, and right, when u hit a final table, you're usually way up, as long as you didnt lose too often from playing the MTT's before.

Wow, that pretty much turned into the story of my poker life, sorry, but i would actually be Very interested to hear your guys stories of how you got started and what not, so I'll just leave it.