Obviously gonna get sucked out on more at the lower stakes due to the amount of morons putting their money in with 3rd pair or backdoor flushdraws time and time again but you need to embrace that because that's where your money comes from at the end of the day. I don't care what anyone says the lower stakes are by far the easiest and if you can't beat them regularly you shouldn't go anywhere near the higher ones. Walk before you can run!!!
In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH : hats off to you Irishrover, I switch between cash and tournament. I know the style of play is different in both. I am thinking of concentrating on just one type. What do you suggest? My preference is tournaments. Posted by Urdadi
well this is just my thought ok ,
but i found cash tables to be recycled money ,
you win on a good night ,
and lose back the next and so on,
but the mtt games are easier to build a bankroll/profit in ,
you may break even or lose a little a few nights ,
but one good win can push you in to profit over that few days ,
i personally like to judge my game in a monthly time scale.
put i always try and be consistent on my buy in amount ,
so in answer to your question i would say mtt deepstacks .
In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH : well this is just my thought ok , but i found cash tables to be recycled money , you win on a good night , and lose back the next and so on, but the mtt games are easier to build a bankroll/profit in , you may break even or lose a little a few nights , but one good win can push you in to profit over that few days , i personally like to judge my game in a monthly time scale. put i always try and be consistent on my buy in amount , so in answer to your question i would say mtt deepstacks . Posted by IRISHROVER
I would echo these sentiments and add that if you want to be profitable at cash you have to put the volume in. A few hundred hands a week isn't likely to cut it.
With all due respect for whatever poker history you guys might have, this advice is horrible.
Play within a bankroll, build it up and when you're safely rolled for a level (like i say 30-40BI cash and 50-100BI for STT-MTT) then you can start cashing out your winnings.
i think you can, i play those tables as i adhere to my BRM! so far i am up not a great deal and worth hanging banners out over, but i am learning and playing for fun. So it's not a meaga serious thing for me
In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH : well this is just my thought ok , but i found cash tables to be recycled money , you win on a good night , and lose back the next and so on, but the mtt games are easier to build a bankroll/profit in , you may break even or lose a little a few nights , but one good win can push you in to profit over that few days , i personally like to judge my game in a monthly time scale. put i always try and be consistent on my buy in amount , so in answer to your question i would say mtt deepstacks . Posted by IRISHROVER
Sensible post from a proven winner. Check out sharkscope..........WTG rover.
With all due respect for whatever poker history you guys might have, this advice is horrible. Play within a bankroll, build it up and when you're safely rolled for a level (like i say 30-40BI cash and 50-100BI for STT-MTT) then you can start cashing out your winnings. People who dont play using BRM go broke. Posted by Deadluck
The advice from Benny isn't horrible. Benny and I have been around this game longer than most on here and we have seen the players come and go over many years. He isn't saying anything against good BR management. The point I think is that BR management isn't THE major factor in success. The ability to play poker is. Many, many thousands of players every year have, as Benny puts it ''the dream'' and it's understandable, but the reality is that less than 1% show a profit over a lengthy period. The other thing I have learned is that if you speak to poker players about profitability then 90% are profitable, and that just cannot be. The biggest factor in a players downfall is denial and I'm afraid it is an all too prevalent affliction with poker players.
Benny's advice was to play within your limits and that is sound advice from a survivor. BR management is important yes but staying within your limits will get you through the bad times. Bad runs can last months and even years and nobody's bank roll is that big. Play for fun, as Tikay reminds us all from time to time, poker is a rather insignificant pastime and should be enjoyed for what it is.
If you have 'the dream'' good luck, but you have been warned by people who have seen them come and seen them go.
The .25/.5 cash tables on this site have more variance than the .5/1 tbls. Persosnally I beleive that there are more people playing for fun at this level and are not to bothered about losing 20 or 30 quid or even 50 quid.
I agree with deadluck and ajs as they both have solid arguments. I also agree with benny and elsa - who can argue with the experience they have. But playing live turneys for a living is completely different to multi tabling cash games online.
Can you make profit week in week out? - Yes of course you can, but you can't if your playing for fun. You have to adopt strict brm discipline as stated by deadluck. I beleive you also have to be able to multi table with out losing focus.
I am no expert but these are the same comments I hear again and again from the analysts on sky, and read about in the poker magazines etc etc so those guys must know what they are talking about?
The .25/.5 cash tables on this site have more variance than the .5/1 tbls. Persosnally I beleive that there are more people playing for fun at this level and are not to bothered about losing 20 or 30 quid or even 50 quid. I agree with deadluck and ajs as they both have solid arguments. I also agree with benny and elsa - who can argue with the experience they have. But playing live turneys for a living is completely different to multi tabling cash games online. Can you make profit week in week out? - Yes of course you can, but you can't if your playing for fun. You have to adopt strict brm discipline as stated by deadluck. I beleive you also have to be able to multi table with out losing focus. I am no expert but these are the same comments I hear again and again from the analysts on sky, and read about in the poker magazines etc etc so those guys must know what they are talking about? Posted by BIGSHANN
Nice post. Correct me if I'm mistaken, but neither Benny or I have said you can't make a profit playing low level cash tables. Whether you can make a 'living' is another matter. The question of whether you can make a profit isn't disputed, we were merely pointing out that very few players succeed over the long term. For the majority of players playing within your limits and enjoying your poker is the smart approach.
Good bankroll management can take different forms too. I set a limit on my deposit maximum on all sites I play. I don't leave money in site accounts, I withdraw and have it in my account. I deposit daily if needed and play to my pre-set limit. Anything over £100 I withdraw in lumps of £100+ My daily limit is set at £25 max and that is how I manage my poker spend. When i win I enjoy it, when I lose it's no big deal.
It's hard to explain sometimes just what relevance poker has to 'bankroll management' and gambling. I've read many articles about poker players, however only one book about poker, and I have no problem with and in fact it's a must, to have 'bankroll management' IF, and that's a big IF someone is a professional gambler.. Anyone who thinks, they are going to make a living from playing poker needs to get their thinking right before they start... They have to pay for all household bills mortgage or rent, car plus any kids schooling or any other bill that comes through the letter box, so how much is that little lot going to be ?, "under pressure already" I could chat for hours, so if you think you can take the pressure let me point you to a book, it has nothing to do with poker but is called "A **** GOOD WINNER", Life as a Professional gambler ! by Dave Nevison. It's about horse racing, also I know Pro Gambler 'Harry Findley' he used to bet with my old Governor when I was working in the bookmaking credit office taking bets over the phone. Which reminds me of when I had to go to Windsor race track one summer evening to meet Harry who wanted to pay 7k, I got there in tee-shirt and tight jeans and a bomber jacket, never thinking he would pay in cash....sigh !! I was standing next to the 'cockle stand' when a voice boomed out over the crowded,, "Barry ee arh me ol son, got ya cash!!" It was Harry waving 7k, all in 20's in the air.....where on my person was I going to put that lot ? (lol ) We spent the next hour having a drink and laugh about horses jockeys and gambling in general......
The point I started out trying to say is, like any other trade in poker or horse racing you have to lean and do the 'apprenticeship'...the thing about small bankrolls is it's fine if your using it for fun while holding a full time job, but don't think your going to make a living from poker with 1000 pounds as a bankroll, it wont happen ... glk Benny
bennydip i havent said i want to make a living playing poker nor would i ever try. the money i make from playing is pocket money, all i wanted to no is can u make a profit playin 25/50 every wk, i no i can do it over a year or even 6 months but with such high variance i am unsure if any1 could say 'i can show a profit every wk'
In Response to Re: CAN U MAKE A PROFIT WEEK IN WEEK OUT PLAYIN 25p/50p CASH : This might not be what you wanted to hear but it's the truth, 99.9% of players lose money over time. A small number make a profit over a period of years. A lot will disagree but it stands to reason, if every player who says they make a profit did so, who supplies the money? Most players who say they are profitable are either in denial or don't keep records and are sadly mistaken. Posted by elsadog
I would say around 20% of poker players win money.
Not 0.1%.
And yes, .25/.50 on this site (compared to .25/.50 on other sites) is very beatable, due to the vast # of people playing through thier TV.
I know this is not the question but you can make a living at 0.25-0.50. If you are crushing a limit you should have a profit of 10bb per 100 hands. (multitabling 6 tables with extra screens and hud stats is quite easy after a while)
£5 (10bb winrate) times 6 (tables)= £30 times 8 (hours)= £240
Times 5 (one week)= £1200 times 48 (a year-4weeks holiday)= £57600 Tax free
Although most pros regard 1-2 nl as a proffesional level, some pros grind over 12 tables of nl.50 for decent money.
Comments
Higher stakes = More aggression = More variance.
If your a long term winner your a long term winner no matter about variance.
The lower the stakes, easier the opponents, so the games are easier to beat.
Obviously gonna get sucked out on more at the lower stakes due to the amount of morons putting their money in with 3rd pair or backdoor flushdraws time and time again but you need to embrace that because that's where your money comes from at the end of the day. I don't care what anyone says the lower stakes are by far the easiest and if you can't beat them regularly you shouldn't go anywhere near the higher ones. Walk before you can run!!!
but i found cash tables to be recycled money ,
you win on a good night ,
and lose back the next and so on,
but the mtt games are easier to build a bankroll/profit in ,
you may break even or lose a little a few nights ,
but one good win can push you in to profit over that few days ,
i personally like to judge my game in a monthly time scale.
put i always try and be consistent on my buy in amount ,
so in answer to your question i would say mtt deepstacks .
Play within a bankroll, build it up and when you're safely rolled for a level (like i say 30-40BI cash and 50-100BI for STT-MTT) then you can start cashing out your winnings.
People who dont play using BRM go broke.
Sensible post from a proven winner. Check out sharkscope..........WTG rover.
The advice from Benny isn't horrible. Benny and I have been around this game longer than most on here and we have seen the players come and go over many years. He isn't saying anything against good BR management. The point I think is that BR management isn't THE major factor in success. The ability to play poker is. Many, many thousands of players every year have, as Benny puts it ''the dream'' and it's understandable, but the reality is that less than 1% show a profit over a lengthy period. The other thing I have learned is that if you speak to poker players about profitability then 90% are profitable, and that just cannot be. The biggest factor in a players downfall is denial and I'm afraid it is an all too prevalent affliction with poker players.
Benny's advice was to play within your limits and that is sound advice from a survivor. BR management is important yes but staying within your limits will get you through the bad times. Bad runs can last months and even years and nobody's bank roll is that big. Play for fun, as Tikay reminds us all from time to time, poker is a rather insignificant pastime and should be enjoyed for what it is.
If you have 'the dream'' good luck, but you have been warned by people who have seen them come and seen them go.
The .25/.5 cash tables on this site have more variance than the .5/1 tbls. Persosnally I beleive that there are more people playing for fun at this level and are not to bothered about losing 20 or 30 quid or even 50 quid.
I agree with deadluck and ajs as they both have solid arguments. I also agree with benny and elsa - who can argue with the experience they have. But playing live turneys for a living is completely different to multi tabling cash games online.
Can you make profit week in week out? - Yes of course you can, but you can't if your playing for fun. You have to adopt strict brm discipline as stated by deadluck. I beleive you also have to be able to multi table with out losing focus.
I am no expert but these are the same comments I hear again and again from the analysts on sky, and read about in the poker magazines etc etc so those guys must know what they are talking about?
Good bankroll management can take different forms too. I set a limit on my deposit maximum on all sites I play. I don't leave money in site accounts, I withdraw and have it in my account. I deposit daily if needed and play to my pre-set limit. Anything over £100 I withdraw in lumps of £100+ My daily limit is set at £25 max and that is how I manage my poker spend. When i win I enjoy it, when I lose it's no big deal.
Easiest way to make a profit IMO, QUIT WHILE IN PROFIT
Anyone who thinks, they are going to make a living from playing poker needs to get their thinking right before they start... They have to pay for all household bills mortgage or rent, car plus any kids schooling or any other bill that comes through the letter box, so how much is that little lot going to be ?, "under pressure already"
I could chat for hours, so if you think you can take the pressure let me point you to a book, it has nothing to do with poker but is called "A **** GOOD WINNER", Life as a Professional gambler ! by Dave Nevison. It's about horse racing, also I know Pro Gambler 'Harry Findley' he used to bet with my old Governor when I was working in the bookmaking credit office taking bets over the phone.
Which reminds me of when I had to go to Windsor race track one summer evening to meet Harry who wanted to pay 7k, I got there in tee-shirt and tight jeans and a bomber jacket, never thinking he would pay in cash....sigh !! I was standing next to the 'cockle stand' when a voice boomed out over the crowded,,
"Barry ee arh me ol son, got ya cash!!" It was Harry waving 7k, all in 20's in the air.....where on my person was I going to put that lot ? (lol ) We spent the next hour having a drink and laugh about horses jockeys and gambling in general......
The point I started out trying to say is, like any other trade in poker or horse racing you have to lean and do the 'apprenticeship'...the thing about small bankrolls is it's fine if your using it for fun while holding a full time job, but don't think your going to make a living from poker with 1000 pounds as a bankroll, it wont happen ...
glk Benny
bennydip i havent said i want to make a living playing poker nor would i ever try.
the money i make from playing is pocket money, all i wanted to no is can u make a profit playin 25/50 every wk, i no i can do it over a year or even 6 months but with such high variance i am unsure if any1 could say 'i can show a profit every wk'
EVERY WEEK ? NO
Over the course of a year? Yes.
With rakeback, multi-tabling etc I would say its fairly easy to clear 500£/week on 50nl.
The best games tho are live cash games. They are so easy its untrue. Go to your local casino and clean up 90% of the players don't have a clue.
Not 0.1%.
And yes, .25/.50 on this site (compared to .25/.50 on other sites) is very beatable, due to the vast # of people playing through thier TV.
I know this is not the question but you can make a living at 0.25-0.50. If you are crushing a limit you should have a profit of 10bb per 100 hands. (multitabling 6 tables with extra screens and hud stats is quite easy after a while)
£5 (10bb winrate) times 6 (tables)= £30 times 8 (hours)= £240
Times 5 (one week)= £1200 times 48 (a year-4weeks holiday)= £57600 Tax free
Although most pros regard 1-2 nl as a proffesional level, some pros grind over 12 tables of nl.50 for decent money.