Starting bankroll

[BrianSwa]

Lets put aside everything I have done in the past....what is a good starting bankroll for online play. I know this might have alot to do with what level of play you would like to play. Lets say you are a teacher and you are teaching a new student (not to far off truth) how much money do you suggest they start at and at what level? limit or no-limit? I was thinking no limit might be bad idea right now so I was thinking $300 in .50/1.00 what do you think?

I figure it a big waste making $50 deposits because really you cant play any level at party poker with that cash and if you take bad swing its gone.

[ChipFish]

I figure if you just listened the first 90 times you read it, that a 300BigBet Bankroll is decent for any limit.

Of course it doesn't matter how big the bankroll is if the player is a losing player.

[BrianSwa]

that wasnt the question I asked. I asked if you where the teacher what level would you have someone start at? Would you start them at micro-limit no limit tables or would you start them at .50/1.00. I know the correct bankroll needed for each level just want to know where to start.

Yes chip im a losing player that pretty damn obvious thanks for rubbing it in boss.

[Aequitas58]

We have through this again? You need to learn simple concepts like variance, money management, discipline, and patience. At this point, I think it's useless for one of us to throw out a dollar value and for you to run with it.

Play for entertainment value, Brian.

[BrianSwa]

at this point it is but I would like to get better eventully Lou. I wish I would of came to this forum before I got set in bad habits but unfortantly I didnt and havent been able to break them yet. I do appritiate the honesty from this forum as brutal as it is at times.

Just want to know where to start to improve, I agree i lack some if not all of those qualitys you meantioned. I believe I can get better in time and want to work on it. Its the discipline and variance I lack the most I seem to play very good poker for a little while but when I hit one bad beat I go off the deep end. That is how I lost that 2 grand, played great poker for 3 days then hit a couple bad beats and went crazy and blew it. I think if I can learn to control that then I might be able to become a winning player.

[Aequitas58]

Well, to put it bluntly...

I recall trying to help you in the past. Offering advice to "get better," strategical help on certain hand histories, books you should read, articles, etc ... but over and over it seemed like you never listened.

I'm not going through it again just because you feel like creating a new thread. Go back and search the forum.

If someone wants to come forward and offer their advice (possibly AGAIN) then more power to you ... but I can't anymore.

G'luck.

[BrianSwa]

fair enough.....I know you have tried to help me in past and cant really blame you for not wanting to go through it again. I appritiate you replying to the thread though. Thanks for the time Lou and good luck to you also.

[omahilo]

try depositing on stars so you can play .10/.20 limit and other low limits because party isnt for $50 BRs.

[Aequitas58]

No problem. Like I said, go back and search. The advice given is still good and will still work.

[SirFWALGMan]

I find I like to start with 300. At 25/NL. If I start with less it is usually a crap shoot as to variance sucking out on me, and losing it all. I find 300 is a good toe hold and I can build a roll from there.

[BrianSwa]

Trying to stay away from those levels becuase I thought that they are as much help as a freeroll would be. 8 people to a flop and any hand will get cracked. Do you really think .10/.20 will make someone better?

[SirFWALGMan]

You tell him! lol! Actually from the hands I have read you seem to be an ok player. Some bad moves, but overall ok. You fall into the Icarus effect: Trying to rise too fast and getting your wings burned off. Just win a little. Accept the loses. Do not even fucking care or look at your bankroll for the first 3 months. Just play. I bet you do well.

(Now if I could only follow my own advice)

[Spidey44]

I know you don't like Full Tilt Brian, but they have .05/.10 nl tables ($10). If you're going to play, why not start low?

[Talking Poker]

$10,000.

If you start with $10,000, you can (barely) play $15/30 at Party. These are soft games and there is a LOT of money to be made at this level.

If you are a winning player, of course.

[SirFWALGMan]

You giving out loans?

BTW - I have played the 15/30 6-Max and THEY ARE SOFT!

[Talking Poker]

You can say that again. Reminds me of 1/2, only way more aggressive.

[omahilo]

Brian you dont realize that your not going to play 2/4 with $50 BR... you have to build it up, if you gotta play 10 NL tables then play them.

If your a good player you will beat those games more times than not.

[ChipFish]

OK. I'll answer the student question...
I would suggest you deposit $0.
I think you'll make more in the long run that way.
And you won't have to work as much overtime.

That's what I would tell my student.

[Zybomb]

Limit or NL depends on where your expertise is (i.e math/odds vs aggression/reads) and where your experience comes in.

I personally started playing 1/2 NL on PS with a deposit of only 200 (the max buy in for the table) I now have accumulated much more, but I rarely go past the 2/4 tables...and usually still play 1/2 more often than not. The reason is both because its more comfortable for me and because of the softer play. You can usually go to a table and immediately spot the dead money (IE someone who buys in for 40 bucks, the minimum allowed, a player calling a big bet and not being able to beat 2nd pair with a decent kicker etc).

As a general rule if you look at the table and more than 2 players are above the max buy in, there is a softer table to be found. Am I suggesting you start a bankroll of 200 for a 1/2 NL table?....absolutely not....unless you are confident you will only need a buy in one time and will make money each time (or at least enough times to keep you in the +) this is a horrible idea. Also dont spend money you cant lose. I didn't deposit money on any site, until I was ahead on everything, and could afford to lose it if I did....

For limit a general rule is usually minimum 100 Big Bets....

As for what limit to start at, start wherever you can consistantly win

At any limit, if you are not comfortable calling a standard raise (NL) or calling a capped pot (Limit) with a strong but not monster hand, you are over your head.

[ChipFish]

I am not saying you are wrong here. But I do the exact opposite.
These guys tend to be the best opportunity to double up quick....
Just keep re-buying to top yourself up if you drift a few bets below the max buy-in. Be somewhat patient but aggressive and they'll pay you off.

[Zybomb]

Thats another way to think about it. I found that generally these players know what they're doing (unless theyre winning was from one big hand and is only temporary), and if I do get doubled up its when I have a monster over a monster, which only happens once in a while... the other plus though is they also are generally more aggressive which can play into your factor also. And obviously there more money to be won.

Ive had just too many times when I took all of someones $90, in a hand they were just dominated in bc they played horrible....or when they call preflop raises with garbage and fold to a basic continuation bet every time, giving me an extra 8 bucks per hand....thats why I say that.

[BrianSwa]

.................... yea right.

[BrianSwa]

I think $300 for $25 NL is about as high as I want to go. Im in now way ready for $1/$2 NL, NO WAY READY.

[omahilo]

I think TP is right here Brian... in order to take swings at that level you prolly need that much.

10,000 = 333 BBs which is plenty for lower levels but if you hit a bad swing at 15/30 with 100 BBs you will quickly lose your BR and/or prolly tilt off the rest from the massive swing in your BR.

[BrianSwa]

oh I know my comment was because there is noooooooooooooooooo way im playing 15/30!!!!