I dont doubt you make money at the game but you same like you have a really strict brm over 3k and u only play 1dym at£22 and only if you win a couple you multi-table for the last few mths a had 1k in my account and i was playin anyfin from 30nl up to 50nl was doin what you said your doin withdrawin anyfin over the 1k a withdrew treated me and my family but weeks a lost plus for example down to £900 i dropped down a level and grinded it bak up to 1k.Im at college and dont have a job at the moment so it was extra cash but took out most of ma br 2 weeks ago so i can get xmas in left £130 in my account so just goin 2grind away at the micros to get back up 2 the 40nl,50nl again but gl at the tables
i dont want to chuck a wet blanket over this but acording to the almighty sharkscope you played nearly 400 games and are up about 80 quid? i dont play dym and if i have to have a br of 3k and play 400 games for 80 quid i aint bothering!!! Posted by pod1
Well said Pod - u cant argue with the stats on sharkscope!!
had the op been, i binked 2 big cashes in mtts i would have said well done and congrates, but to put this under bankroll managment and how to play dyms, is at best mis leading at worst a waste of my time.
I know what ya mean Rancid, and I wouldn't like him to think we're all ganging up on him but...
1) By the sounds of it, his roll was only 3k since UKOPS (so a couple of a weeks) and so can hardly say at this stage whether it's effective or not.
2) I don't think it's a particuarly great BRM strategy for the majority of players. I'm a big BR nit but that is ridiculous. And on top of that, if he's single tabling £22 DYMs, it's virtually impossible to make £700 profit a week
I mean lets say he manages to get 150 games in per week which would be impressive 1-2 tabling and let's assume he has a constant win rate of 65% which would be pretty amazing...
Stakes - 150 x 22 = 3300 Wins - 98 x 40 = 3920
Profit = £620
So that's 620 profit from probably more games than he plays per week with a nigh on perfect win-rate and without EVER getting any run bad
wats a bankroll im wat u call a serial depositer. hw long does the average dym take neva played 1. think il be rubbish at them cause il want all the chips Posted by bigrick91
A bankroll is basically a certain amount of money that you set aside to play Poker with. Whether it's worth having a bankroll or not really depends how much you play - If you're only playing a tournament once a fortnight, bit of fun, for £11, there's no point really worrying about it. If you're taking the game even the slightest bit seriously, you definitely want a bankroll set aside for playing the game.
As a general rule, you should never, ever, ever be playing with more than 5% of your bankroll at the same time (some people say less than that). For instance, if you deposit £100 into your account, 5% of that is £5, so you shouldn't be entering anything more expensive than that. If you win a couple of tournaments and go up to £200, 5% of £200 is £10, so enter anything up to £10. Equally, if you lose your buy-ins and go down to £50, then 5% of that is £2.50, so you should probably move down a level or two.
Regarding DYM's, usually somewhere between levels 6 and 8 is when the 4th place guy busts out, so 5 min blinds = 25-40 minutes. In DYM's (I'm the same with being too aggressive sometimes), you still want to take chips from people when opportunities present themselves, of course, because 5,000 chips is always better than 4,000. However, you have to adapt your game.
For instance, you might be happy to take a flip for your entire stack in tournaments, because winning that flip might, for example, mean you'll be in contention for the final table and a big cash. However, in a DYM, you'll only win the flip 50% of the time, the other 50% of the time you're going out - Because of the prize structure in DYM's, you will obviously only be breaking even, before including the rake, and the times that you win that flip and still don't cash, so you're probably avoiding flips in DYM's whereas you're maybe happy to take a flip in tournaments.
this a terrible way to manage a bankroll, basically it's saying i play with scared money and only when i've reached a tiny profit compared to what i keep in my account i now relax and play more.
my defense of this method is i make money every week - totally irrelevant, if you're a winner it makes plenty more sense to start out multi-tabling so your hourly rate is better than tiptoeing round a "bankroll" at the start of each week/month
maybe it works fine for you at the moment but this should definitely not be a recommended strategy for a newbie imo
It is good to be playing with other peoples money, but it really makes little difference always playing a 22dym to start every week etc.
You should open a building society account for part of your poker bankroll and put all but £1k into it and forget about it. A grand is plenty for what you are playing, but it still makes sure you keep an eye on your online balance every week.
Then when (or if !) your online balance reaches £2k, put another thousand in the account and forget it and so on.
At some time in the future you will hit a downswing, and having to take money out of the bank to boost your online balance always concentrates the mind !
I am sure a few people will follow your progress if you put your results on here, but that has nothing to do with BRM. Good luck.
Even though I don't really agree with the BRM, I think everyone is being a little harsh on the dude.
One question I have out there for the guys that make a decent profit from playing. If you withdraw from your bankroll how do you decide how much to take? Do you cash out just a percentage of your C4P's or like OMGCALL set a target for the week and withdraw?
The advice I posted was exactly that ! There was a time when I regularly kept a 5 figure sum on here, and never felt the need for BRM at all. It was another player who advised me to only keep what I needed online. And just by doing that, I feel I have more control over my bankroll.
At the moment I am on a downswing, and the fact that I currently have only £600 online makes me very selective about when and what I play. Because I would hate to ever deposit, although it would be from winnings in my poker building society account if I did.
In the past I have taken out sums from £500 up to £7000. But it goes from Sky straight into my bank current account, and I only withdraw when I can go into town and transfer it to the building society, otherwise it gets lost in paying bills etc !
Some people may think I have a strange way of doing things, but as a tournament player variance can be cruel, and its got me through downswings in the past.
The advice I posted was exactly that ! There was a time when I regularly kept a 5 figure sum on here, and never felt the need for BRM at all. It was another player who advised me to only keep what I needed online. And just by doing that, I feel I have more control over my bankroll. At the moment I am on a downswing, and the fact that I currently have only £600 online makes me very selective about when and what I play. Because I would hate to ever deposit, although it would be from winnings in my poker building society account if I did. In the past I have taken out sums from £500 up to £7000. But it goes from Sky straight into my bank current account, and I only withdraw when I can go into town and transfer it to the building society, otherwise it gets lost in paying bills etc ! Some people may think I have a strange way of doing things, but as a tournament player variance can be cruel, and its got me through downswings in the past. Posted by penguin7
Thanks for the reply, it really seems like a sensible way to preserve your winnings!
this is funny basically hes bragging hes got 3k in hes account if he actually has might of hit a big mtt and now playing £22 dyms for your bankroll if i had a bank roll of 3 k i would be playing 50p/1 blinds so much profitable can make alot more money on cash tables then playing dyms or just play mtts and have fun but cash is where it is if u have an ok amount in ya acount i think Posted by IDONKCALLU
Yeah Dohhhh said earlier in the thread, he took down one of the UKOPS events for about 3k lol, before that he was a break even player according to sharkscope.
Comments
I dont doubt you make money at the game but you same like you have a really strict brm over 3k and u only play 1dym at£22 and only if you win a couple you multi-table for the last few mths a had 1k in my account and i was playin anyfin from 30nl up to 50nl was doin what you said your doin withdrawin anyfin over the 1k a withdrew treated me and my family but weeks a lost plus for example down to £900 i dropped down a level and grinded it bak up to 1k.Im at college and dont have a job at the moment so it was extra cash but took out most of ma br 2 weeks ago so i can get xmas in left £130 in my account so just goin 2grind away at the micros to get back up 2 the 40nl,50nl again but gl at the tables
sorry if this was a bit long guys lol
http://www.youtube.com/watch?v=TBtpyeLxVkI
Basically say he starts by playing with 1% of roll, then spins up his winnings.
Does it matter if he is a big DYM winner or loser, surely it's sound BRM
You could apply this same logic to a roll of £200, and play £2 DYM
Obviously if you drop below the start mark then you have to stick to within 1-5% to make it work for you
---
You could apply the same logic to cash and say have a roll of £1k, any winning above this you cream off.
Still apply the 1%-5%
He says he moves to two tabling when he's hit £100 yet by all accounts he's not made that yet.
wats a bankroll im wat u call a serial depositer.
hw long does the average dym take neva played 1. think il be rubbish at them cause il want all the chips
1) By the sounds of it, his roll was only 3k since UKOPS (so a couple of a weeks) and so can hardly say at this stage whether it's effective or not.
2) I don't think it's a particuarly great BRM strategy for the majority of players. I'm a big BR nit but that is ridiculous. And on top of that, if he's single tabling £22 DYMs, it's virtually impossible to make £700 profit a week
I mean lets say he manages to get 150 games in per week which would be impressive 1-2 tabling and let's assume he has a constant win rate of 65% which would be pretty amazing...
Stakes - 150 x 22 = 3300
Wins - 98 x 40 = 3920
Profit = £620
So that's 620 profit from probably more games than he plays per week with a nigh on perfect win-rate and without EVER getting any run bad
Hmm
GL anyway.
my defense of this method is i make money every week - totally irrelevant, if you're a winner it makes plenty more sense to start out multi-tabling so your hourly rate is better than tiptoeing round a "bankroll" at the start of each week/month
maybe it works fine for you at the moment but this should definitely not be a recommended strategy for a newbie imo
It is good to be playing with other peoples money, but it really makes little difference always playing a 22dym to start every week etc.
You should open a building society account for part of your poker bankroll and put all but £1k into it and forget about it. A grand is plenty for what you are playing, but it still makes sure you keep an eye on your online balance every week.
Then when (or if !) your online balance reaches £2k, put another thousand in the account and forget it and so on.
At some time in the future you will hit a downswing, and having to take money out of the bank to boost your online balance always concentrates the mind !
I am sure a few people will follow your progress if you put your results on here, but that has nothing to do with BRM. Good luck.
One question I have out there for the guys that make a decent profit from playing. If you withdraw from your bankroll how do you decide how much to take? Do you cash out just a percentage of your C4P's or like OMGCALL set a target for the week and withdraw?
At the moment I am on a downswing, and the fact that I currently have only £600 online makes me very selective about when and what I play. Because I would hate to ever deposit, although it would be from winnings in my poker building society account if I did.
In the past I have taken out sums from £500 up to £7000. But it goes from Sky straight into my bank current account, and I only withdraw when I can go into town and transfer it to the building society, otherwise it gets lost in paying bills etc !
Some people may think I have a strange way of doing things, but as a tournament player variance can be cruel, and its got me through downswings in the past.