In Response to Re: Bankroll Withdrawals : Hi mere how you doing haven't seen you on here for ages?and your not sad that just cheating back in TK,s day he had to make do with pencil and paper:-) Posted by JAMIEP
Hi Jamie Think you will find Tikays accounts on cave walls M8 LOL Gary
In Response to Re: Bankroll Withdrawals : I think he means, instead of withdrawing and leaving yourself rolled for NL50, leave it in and move up levels when your roll dictates Posted by OMahonyO
Apologies for any confusion here, but I think both of you read a little too much into it
I was merely saying that i'm a donkey that doesn't win regularly enough to make a withdrawal
I think thats where some players are going wrong. Players may be winning but never progressing, by building your bankroll and not withdrawing you can progress and make even more money.
In Response to Re: Bankroll Withdrawals : This sounds interesting to me, for a number of reasons. Surely this form of bankroll management is slightly flawed, doesn't bankroll management suggest that you should be moving up the levels as you progress your game. This suggestion stops that happening as you will never progress. Also i would suggest that if you are just withdrawing ever time you make a profit that you keep those funds to one side in a seperate account in order to distinguish between 'poker funds' and everyday funds. if the money is just goin into you everyday account surly it then would just get spent, thus never progressing your poker journy. I mean even if you did i i said keep funds not on your account but in a seperate bank account this would be quiet a clever thing to do because it surly would help to stop tilting where you blow large parts of your bankroll in one go.....i dunno just a few thoughts feedback idea please.......no worries kyle Posted by goddenkyle
Not everyone has the goal of moving up levels. If you're enjoying the level that you're playing at, stay there. If you're making a regular profit too, then that's close to heaven. :-)
In Response to Re: Bankroll Withdrawals : Not everyone has the goal of moving up levels. If you're enjoying the level that you're playing at, stay there. If you're making a regular profit too, then that's close to heaven. :-) Posted by MereNovice
I totally see hwere your comming from here, if you are making a profit at a certain level and are happy with that then you should continue. But you have to remember we 'the gambler' the poker players' althought we are in it for a laff at the back of our minds theres allways the idea of making as much money as possible. So if you managed your bankroll well at one level and was a winning player it would make sense to move up when ure roll allowed to at least try the bigger game to maximise your profitability. If you find difficult to make greater profits at this level then step bck down. But by building that bankroll at least your giveing your self max chance to make max profit.
In Response to Re: Bankroll Withdrawals : I totally see hwere your comming from here, if you are making a profit at a certain level and are happy with that then you should continue. But you have to remember we 'the gambler' the poker players' althought we are in it for a laff at the back of our minds theres allways the idea of making as much money as possible. So if you managed your bankroll well at one level and was a winning player it would make sense to move up when ure roll allowed to at least try the bigger game to maximise your profitability. If you find difficult to make greater profits at this level then step bck down. But by building that bankroll at least your giveing your self max chance to make max profit. Posted by goddenkyle
Ohhhhh, you youngsters, eh? All that youthful enthusiasm and ambition.
It's a horses for courses thing - or perhaps even different strokes for different folks - choose your own cliche.
Good luck to you - look forward to watching you at the WSOP main event final table sometime or some other big event. If you win, can you lend me a fiver?
Lol you dont seem to be a believe of this moving up the levels thing. Ill tell you my story though... im 18 so i started by only depositing a fiver (3-4 months ago). I found i could win at 30p DYM so i played them until i had enough to take a shot at 60p DYM. This continued for 1.15 and 2.25 games and i am currently winning consistently on 5.50 games and looking to move up to 11 quid games in a week or so. I dont understand how u cant want to move up if you are winning though? You can easily move back down if u dont enjoy it.
Well firstly wow, seriously u lot need to chill on the poker.
At the end of the day its a game and alot of u are talking like your the Howard Lederer's or Chris Ferguson's of this world its crazy.
I manage to make quite a nice profit from poker but not on here (the enemy that is Pokerstars!! [and you would not believe how good im running at the mo]) and i find that i just play and always stick to my levels of 5% buyins or 7% buyins depending on STT or MTT,this works well for me and i never do withdrawals and havent put any money onto Pokerstars,i bankroll challenged it and won a nice amount on a freeroll and went form there,needless to say my profits have soared but i would never dream of taking any money out of it. I want that amount to grow and grow and grow and maybe in 4-5 years there will be an amount that i can go do something positive with,house deposit or something like that,who knows maybe even a house lmao!!!!
My point is that poker is a great game to be enjoyed and the more you find yourself swamping yourself with little mannerisms the more you will get sucked in,instead of just enjoying the game for what it should be.
You all must know what im talking about, all good players will have a system they have tried and tested that they use going onto a poker table,obviously this must be adjusted due to certain players and the way they play,but fundamentally its still he same system,now how many players find even after thousands of bad beats,horrible plays etc,no matter how disciplined and good you are u feel sometimes when your on tilt it slips away from a system to you gambling which is the worst way to play,sorry to go of the main subject,am jus trying to show you that you cant take this game too seriously,once you feel it taking over,you need to step back.
I play for the simple love of the game now,and any money which is made-which i do make- is a bonus,i find once i let my system and enjoyment be taken over,i turn it into a gambling game,which is what i dont want to do.
Sorry guys just a few things on the mind after reading some of the posts.
As for me, I am grinding up to £200 from £20. Not going to withdraw. But will then withdraw £50 as a reward for getting to my goal. Then I will use the double/half rule to BRM: you double your Roll, so £150 to £300... then take out half of the profit - so withdraw £75. Leaving a roll of £225. Then on to £450.. etc etc... that way you are moving on up and also benefiting financially. Long way to go, but it's a plan
In Response to Re: Bankroll Withdrawals : Apologies for any confusion here, but I think both of you read a little too much into it I was merely saying that i'm a donkey that doesn't win regularly enough to make a withdrawal Posted by YoungUn
It depends what your goals are clio but if you are beating 50NL then withdrawing your whole roll and building up from lower than 50NL is just costing you prospective winnings.
In Response to Re: Bankroll Withdrawals : This sounds interesting to me, for a number of reasons. Surely this form of bankroll management is slightly flawed, doesn't bankroll management suggest that you should be moving up the levels as you progress your game. This suggestion stops that happening as you will never progress. Also i would suggest that if you are just withdrawing ever time you make a profit that you keep those funds to one side in a seperate account in order to distinguish between 'poker funds' and everyday funds. if the money is just goin into you everyday account surly it then would just get spent, thus never progressing your poker journy. I mean even if you did i i said keep funds not on your account but in a seperate bank account this would be quiet a clever thing to do because it surly would help to stop tilting where you blow large parts of your bankroll in one go.....i dunno just a few thoughts feedback idea please.......no worries kyle Posted by goddenkyle
Hi Goddenkyle, You see I later corrected myself and meant is I have £25 balance and that increases to £60, then I withdraw £35. I was just replying to the main question aboutr withdrawing (not managaing bankroll) and this was an example. I'm not sure about all your comments, but to me this works and makes sense to me. Once a withdrawal has been made on sky poker, it is paid direct into your bank account anyway. I like this method and I use it and it works. Sorry If i missed something, regards richieswift
I think thats where some players are going wrong. Players may be winning but never progressing, by building your bankroll and not withdrawing you can progress and make even more money. Posted by MrOrange
Thanks to MrOrange I now understand what kyle was saying.
It's a risky business, If you start with £25 and get it to £200 through winning. Then do you risk it all on a £200 buy in tourney or by playing higher cash games, or do you withdraw £175 and keep to you normal playing level that works for you ?
In Response to Re: Bankroll Withdrawals : Thanks to MrOrange I now understand what kyle was saying. It's a risky business, If you start with £25 and get it to £200 through winning. Then do you risk it all on a £200 buy in tourney or by playing higher cash games, or do you withdraw £175 and keep to you normal playing level that works for you ? Posted by RichiSwift
i'd withdraw £50..leaving you £150.Then play with 5% of your roll for entries to STTs or Cash...and 2% to MTTs.
I have a set balance which I use as my playing bankroll......e.g. £25 Once my balance goes over that mark, after a few wins, e.g to £60, i then withdraw £45 leaving my bankroll balance at £25. That's how I do it, but it's different for everyone. Posted by RichiSwift
Don`t take this the wrong way mate, but I think you are wasting your time and money. When I say wasting money, I mean not capitalising on a situation that you could do. £25 is barely a roll for the smallest stakes NL4. If you are consistently winning and you can beat NL4, then, believe me you can beat NL10.
Unless you are desperate for that £35 or whatever it is you withdraw, you would be better leaving it in until you at least are rolled for NL10, then take it from there.
Like I said, dont take it the wrong way and each to their own and all that.
In Response to Re: Bankroll Withdrawals : Don`t take this the wrong way mate, but I think you are wasting your time and money. When I say wasting money, I mean not capitalising on a situation that you could do. £25 is barely a roll for the smallest stakes NL4. If you are consistently winning and you can beat NL4, then, believe me you can beat NL10. Unless you are desperate for that £35 or whatever it is you withdraw, you would be better leaving it in until you at least are rolled for NL10, then take it from there. Like I said, dont take it the wrong way and each to their own and all that. Gl Posted by OMahonyO
Thanks but this works perfect for me they way i am doing it. The main thing is to withdraw when you are up and thta's that really. If you dont withdraw when you have a chance then you could risk up loosing it all and making no money at all.
The answer to my previous question is to either withdraw £175 or withdraw £150 and increase your playing balance from £25 to £50.
Comments
Done exactly that, even have a seperate e mail account for it too
Gary
Think you will find Tikays accounts on cave walls M8
LOL
Gary
I was merely saying that i'm a donkey that doesn't win regularly enough to make a withdrawal
Not everyone has the goal of moving up levels.
If you're enjoying the level that you're playing at, stay there.
If you're making a regular profit too, then that's close to heaven. :-)
All that youthful enthusiasm and ambition.
It's a horses for courses thing - or perhaps even different strokes for different folks - choose your own cliche.
Good luck to you - look forward to watching you at the WSOP main event final table sometime or some other big event. If you win, can you lend me a fiver?
At the end of the day its a game and alot of u are talking like your the Howard Lederer's or Chris Ferguson's of this world its crazy.
I manage to make quite a nice profit from poker but not on here (the enemy that is Pokerstars!! [and you would not believe how good im running at the mo]) and i find that i just play and always stick to my levels of 5% buyins or 7% buyins depending on STT or MTT,this works well for me and i never do withdrawals and havent put any money onto Pokerstars,i bankroll challenged it and won a nice amount on a freeroll and went form there,needless to say my profits have soared but i would never dream of taking any money out of it. I want that amount to grow and grow and grow and maybe in 4-5 years there will be an amount that i can go do something positive with,house deposit or something like that,who knows maybe even a house lmao!!!!
My point is that poker is a great game to be enjoyed and the more you find yourself swamping yourself with little mannerisms the more you will get sucked in,instead of just enjoying the game for what it should be.
You all must know what im talking about, all good players will have a system they have tried and tested that they use going onto a poker table,obviously this must be adjusted due to certain players and the way they play,but fundamentally its still he same system,now how many players find even after thousands of bad beats,horrible plays etc,no matter how disciplined and good you are u feel sometimes when your on tilt it slips away from a system to you gambling which is the worst way to play,sorry to go of the main subject,am jus trying to show you that you cant take this game too seriously,once you feel it taking over,you need to step back.
I play for the simple love of the game now,and any money which is made-which i do make- is a bonus,i find once i let my system and enjoyment be taken over,i turn it into a gambling game,which is what i dont want to do.
Sorry guys just a few things on the mind after reading some of the posts.
cheers
You see I later corrected myself and meant is I have £25 balance and that increases to £60, then I withdraw £35.
I was just replying to the main question aboutr withdrawing (not managaing bankroll) and this was an example. I'm not sure about all your comments, but to me this works and makes sense to me. Once a withdrawal has been made on sky poker, it is paid direct into your bank account anyway. I like this method and I use it and it works. Sorry If i missed something, regards richieswift
It's a risky business, If you start with £25 and get it to £200 through winning.
Then do you risk it all on a £200 buy in tourney or by playing higher cash games, or do you withdraw £175 and keep to you normal playing level that works for you ?
£25 is barely a roll for the smallest stakes NL4. If you are consistently winning and you can beat NL4, then, believe me you can beat NL10.
Unless you are desperate for that £35 or whatever it is you withdraw, you would be better leaving it in until you at least are rolled for NL10, then take it from there.
Like I said, dont take it the wrong way and each to their own and all that.
Gl
The main thing is to withdraw when you are up and thta's that really.
If you dont withdraw when you have a chance then you could risk up loosing it all and making no money at all.
The answer to my previous question is to either withdraw £175 or withdraw £150 and increase your playing balance from £25 to £50.