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Old 11-20-2007, 02:33 PM
pzhon pzhon is offline
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Join Date: Mar 2004
Posts: 4,515
Default Re: Starting out with $100 - advice needed

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The best way to beat microstakes is bonus whoring/rakeback. You can be a profitable player, but at the stakes you're playing, you'll make just as much through bonuses.

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While bonuses and rakeback may boost your win rate slightly, they are not worth much to a player with only $100. If you get 20% rakeback, then to get $100, you need to pay $500 worth of rake. For that to happen before you lose $100, you need to beat the table average by a lot. It's much more important for someone with $100 to concentrate on finding a game to beat.

People get really excited about rakeback, but this often comes with a higher rake. Further, in NL, win rates of solid players are much higher than the rake, and thus many times larger than rakeback. Winning small stakes LHE players often have lower win rates than the rake, which makes getting a good rakeback deal (on a site which doesn't charge extra rake to cover it) more important.

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Far and away the best advice I can give you to build up your bankroll from $100 is if you ever lose more than $10 in a given session, quit.

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That might help to prevent tilt, but it will only slow down the losses (and learning) of a losing player or the downswings of a player who is underbankrolled, such as a marginal winner playing $3 SNGs or $3 MTTs. It's all one long session.

It's much more important to learn to beat the game. No betting system will turn a -EV game to your advantage, since no sum of negative numbers is positive.
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