Im confused

RememberMe

Ok there is something i dont get and was hoping that one of you lads / or ladies could help me please

My poker "friend" who got me involved keeps going on about bankroll management and how important it is

I sometimes sit on cash but mainly play the DYM

I have until recently been on a low bankroll and only playing the £1.15 - £2.25 ... I find this level quite hard and sometimes its hard to maintain a 2 - 1 win ratio.

However stepping out of my bankroll I have found that I am consistent at the £5.50 and also win the bigger £10 / £20 / £30 DYM that I sometimes take shots at ..

Would people consider this luck or am I just using plays on the lower levels that people dont understand hence loosing ...

Im not that new to poker but still learning and honestly if bankroll is that important should I practice my game at the lower limit or keep playing above ?

P.S ... Bankroll is at £75 from £25 and once its gone, there's no more

luvBWFC

The problem with playing outside of the bankroll management limits is that a loss hurts you more. You can play perfect poker and still lose to blind luck, if a single loss can hurt your ability to continue to play then you probably won't be playing your best due to worrying about it. I would say grind it out at the limits you can afford to work your way up to the limits you want to be at. this is particularly the case if you are not in a position to reload your bankroll.

BelovedLtd

In Response to Im confused:

Ok there is something i dont get and was hoping that one of you lads / or ladies could help me please My poker "friend" who got me involved keeps going on about bankroll management and how important it is I sometimes sit on cash but mainly play the DYM I have until recently been on a low bankroll and only playing the £1.15 - £2.25 ... I find this level quite hard and sometimes its hard to maintain a 2 - 1 win ratio. However stepping out of my bankroll I have found that I am consistent at the £5.50 and also win the bigger £10 / £20 / £30 DYM that I sometimes take shots at .. Would people consider this luck or am I just using plays on the lower levels that people dont understand hence loosing ... Im not that new to poker but still learning and honestly if bankroll is that important should I practice my game at the lower limit or keep playing above ? P.S ... Bankroll is at £75 from £25 and once its gone, there's no more
Posted by RememberMe

A good player can adapt to whatever level they're playing at, it's possible that your style of play suits the style that is generally played at the slightly higher levels.

But even if you're not relying on good luck to win at those levels there's no telling when a run of bad luck might come along to wipe out all your gains.

So it's probably worth trying to work out how to 'crack' every level to minimise the risk of losing it all.

HAL_9000

In Response to Im confused:

Ok there is something i dont get and was hoping that one of you lads / or ladies could help me please My poker "friend" who got me involved keeps going on about bankroll management and how important it is I sometimes sit on cash but mainly play the DYM I have until recently been on a low bankroll and only playing the £1.15 - £2.25 ... I find this level quite hard and sometimes its hard to maintain a 2 - 1 win ratio. However stepping out of my bankroll I have found that I am consistent at the £5.50 and also win the bigger £10 / £20 / £30 DYM that I sometimes take shots at .. Would people consider this luck or am I just using plays on the lower levels that people dont understand hence loosing ... Im not that new to poker but still learning and honestly if bankroll is that important should I practice my game at the lower limit or keep playing above ? P.S ... Bankroll is at £75 from £25 and once its gone, there's no more
Posted by RememberMe

You do realise a return of 2:1 is not sufficient as you also pay a % over the buy-in. you need to be winning 60-70% of games before you turn a profit.

forget playing anything less then £5 to get a real sense of your game. if you can make profit at £5 then do so and with patience build it up to £500 then move up a level

The mistake most people will make is not obeying bankroll management so if it really is the last of your money i urge you to concentrate on BRM. it is so easy to get excited when you manage to get a lucky streak only to blow your entire stack by moving up to soon I have done this 3 times so i hope you can learn from my mistakes

Keep Smiling
HAL_9000

BlackFish3

In Response to Re: Im confused:

In Response to Im confused : You do realise a return of 2:1 is not sufficient as you also pay a % over the buy-in. you need to be winning 60-70% of games before you turn a profit. forget playing anything less then £5 to get a real sense of your game. if you can make profit at £5 then do so and with patience build it up to £500 then move up a level The mistake most people will make is not obeying bankroll management so if it really is the last of your money i urge you to concentrate on BRM. it is so easy to get excited when you manage to get a lucky streak only to blow your entire stack by moving up to soon I have done this 3 times so i hope you can learn from my mistakes Keep Smiling HAL_9000
Posted by HAL_9000

2:1 = 66% so that is sufficient

MereNovice

In Response to Re: Im confused:

In Response to Re: Im confused : 2:1 = 66% so that is sufficient
Posted by BlackFish3

2:1 = 67% (rounded to the nearest integer) so that is even better   :-))))

RememberMe

Thanks for the advice guys,

I do consider and worry about BR managment but as I say its not the grind that bothers me. I play for fun and love that its a hobby which I can ean money at as opposed to everything else that costs money.

I'm not sure on all the percentages but know that if I play 3 games @ £5.50

Thats 15.50 so I only need to win two games to make 4.50 profit ...

I've managed to turn my innitial £25 into £100 so I'm hoping that at the £5 games this should be ok for now.

Lets just hope that luck stays away until I hit £500 lol

HAL_9000

Perhaps I should elaborate but i must first say I have only played these on a few occasions and after some consideration gave them up with reasons stated below.

What im saying is it needs to be >2:1 otherwise you are not making any headway. I am not certain but i think the profit is £3.50 if you win 2 lose 1 which if you think about it is about £2.30/hour and a return of about 20% on your money. Not very good stats that if you slip 1 game behind then you are playing catch up so it is very difficult to judge. Also people tend to move up and down levels so the win rate per level etc are great variables which are difficult to keep a true record of without lots of paper work.

With the DYM you are always giving 10% of your entry to sky If your playing cash the most sky will ever take from you in 1 go is 5% of the overall pot upto £1.80 so there is far better value playing cash

DYM is a specialist field and you need to have a reasonable run of cards over the 30-40 min period of the game Not sure about you but i have sat at a cash table for 6 hours and been card dead so from my point of view I got away from the DYM very quickly

 

But by the look of your bankroll it would appear you are running far better then 2:1 so I hope it keeps working for you.

Keep Smiling

HAL_9000

MereNovice

In Response to Re: Im confused:

Perhaps I should elaborate but i must first say I have only played these on a few occasions and after some consideration gave them up with reasons stated below. What im saying is it needs to be />2:1 otherwise you are not making any headway. I am not certain but i think the profit is £3.50 if you win 2 lose 1 which if you think about it is about £2.30/hour and a return of about 20% on your money. Not very good stats that if you slip 1 game behind then you are playing catch up so it is very difficult to judge. Also people tend to move up and down levels so the win rate per level etc are great variables which are difficult to keep a true record of without lots of paper work. With the DYM you are always giving 10% of your entry to sky If your playing cash the most sky will ever take from you in 1 go is 5% of the overall pot upto £1.80 so there is far better value playing cash DYM is a specialist field and you need to have a reasonable run of cards over the 30-40 min period of the game Not sure about you but i have sat at a cash table for 6 hours and been card dead so from my point of view I got away from the DYM very quickly   But by the look of your bankroll it would appear you are running far better then 2:1 so I hope it keeps working for you. Keep Smiling HAL_9000
Posted by HAL_9000

This would only be true if you were only intending to win one hand at a cash table.
Since the 10% rake on MTTs and STTs is only charged once it compares favourably with the rake paid at a reasonable session at a cash table.

goodylad21

In Response to Re: Im confused:

Perhaps I should elaborate but i must first say I have only played these on a few occasions and after some consideration gave them up with reasons stated below. What im saying is it needs to be />2:1 otherwise you are not making any headway. I am not certain but i think the profit is £3.50 if you win 2 lose 1 which if you think about it is about £2.30/hour and a return of about 20% on your money. Not very good stats that if you slip 1 game behind then you are playing catch up so it is very difficult to judge. Also people tend to move up and down levels so the win rate per level etc are great variables which are difficult to keep a true record of without lots of paper work. With the DYM you are always giving 10% of your entry to sky If your playing cash the most sky will ever take from you in 1 go is 5% of the overall pot upto £1.80 so there is far better value playing cash DYM is a specialist field and you need to have a reasonable run of cards over the 30-40 min period of the game Not sure about you but i have sat at a view I got away from the DYM very quicklycash table for 6 hours and been card dead so from my point of    But by the look of your bankroll it would appear you are running far better then 2:1 so I hope it keeps working for you. Keep Smiling HAL_9000
Posted by HAL_9000

You dont need good cards to play DYMs its all about picking your spots

bobcat52

If you're winning fairly consistantly at the £5 level and making it pay why do you want to move up? By all means give it a quick go but if it doesn't work out return to the level you're playing at and be happy with the returns......remember the tortoise and the hare tales? who won out in the end?

acebarry10

Hi

I built my BR up to around £74, was playing £3.30 DYM SNG,s when varience got hold, it got so bad that I recently got to drop down to the 60p DYM SNG,s, that is how easy it can happen and therefore why it is so important to stick to BR management, luckily, i managed somehow to freeroll into last Thursdays BH and took 4 heads which has built my BR back up, but varience still is not being super kind

HAL_9000

MereNovice

I may well be wrong on this but this is how i see it...

If you play a £50 DYM thats £50 + £5 fees 

If you put £50 in the middle of a cash game it will cost you between .30 & .90p 

From my point of view there is a massive discrepancy on the amount of Tax your paying with regard to your money

The fact the game lasts longer is not important to me, the less money it costs me to win money then the better my ROI which improves the bottom line

Im not knocking DYM I can see and understand there attraction i just dont believe it is most sensible way for me to increase my BR

Been a cash player i will not sit down at a game unless i have a lot of spare time so if i only have say 1 hour i will happily sit at a DYM for a bit of fun but don't really think i could grind a living day in day out

Goodylad

I here what your saying, What im trying to say is you have 30-40 mins so the luck factor is higher as the better player should win over time but in these there is very little time hence the need for cards or moves etc the point im obviously failing miserably to make is that "i believe there is only one winner" in the long run most people will not maintain the win ratio required to make a reasonable profit.

This is only my humble opinion

Does anybody actually solely play DYM and grind a profit?

I know Sharksbite used to play them quite a bit but not sure she does nowadays

 

MereNovice

In Response to Re: Im confused:

MereNovice I may well be wrong on this but this is how i see it... If you play a £50 DYM thats £50 + £5 fees  If you put £50 in the middle of a cash game it will cost you between .30 & .90p  From my point of view there is a massive discrepancy on the amount of Tax your paying with regard to your money The fact the game lasts longer is not important to me, the less money it costs me to win money then the better my ROI which improves the bottom line Im not knocking DYM I can see and understand there attraction i just dont believe it is most sensible way for me to increase my BR Been a cash player i will not sit down at a game unless i have a lot of spare time so if i only have say 1 hour i will happily sit at a DYM for a bit of fun but don't really think i could grind a living day in day out Goodylad I here what your saying, What im trying to say is you have 30-40 mins so the luck factor is higher as the better player should win over time but in these there is very little time hence the need for cards or moves etc the point im obviously failing miserably to make is that "i believe there is only one winner" in the long run most people will not maintain the win ratio required to make a reasonable profit. This is only my humble opinion Does anybody actually solely play DYM and grind a profit? I know Sharksbite used to play them quite a bit but not sure she does nowadays  
Posted by HAL_9000

It's not really important but each £20 pot that you win will cost you £1. So to gain £10, it will cost you £1. During the course of a typical cash game there are likely to be several pots of this size.

HAL_9000

MereNovice (Which is wholly inaccurate btw)

I dont think it does cost you the same as the 10% as other people are contributing towards that £1 when the money goes in so the Risk v Reward is somewhat different

You are also moving the goal posts down to £20 which is not the same as the true reflection of £50 where obviously the comparison works even better in the cash players favour. im not massive on figures but this is how i see it

£20DYM is £22.00 risk to win £18

where as i risk £20 to win £19

£50DYM is £55 risk to win £45

Where as I risk £50 to win £48.20 Possibly more 

Thats costing me over 5.5 times more on a DYM table

Plus its up to me if i want to risk the money every time unlike DYM where sooner or later i have to get busy

I am looking at this purely from a long term point of view in which case to me it makes sense to play where i pay the least tax.

I totally understand that people are suited to different formats but any one who is seriously looking to increase there bankroll should pay close attention to these figures as it is a massive amount

Keep Smiling

HAL_9000

JockBMW

I had complete understanding.......  then I read this thread

MA BRAIN HURTZ 

HAL_9000

LOL

The Clues in the Title

"I'm Confused" so shall you be. mwoha ha ha

RememberMe

Sorry if this is hijacking the thread but i do believe you have received good relevant advice earlier up the thread which you acknowledged.

Keep Smiling

HAL_9000