party 30/60

[augie_]

hi folks. is there anyone in here who 1-tables the party 30/60? how much $$ would you recommend having to do this?

thanks.

[Entity]

Most people post 30/60 in midstakes now, just FWIW. Why not just take a 50BB shot 1-tabling to get a feel?

Rob

[MNpoker]

Here is what I do. Like any advice here consider the poster when taking it [img]/images/graemlins/smile.gif[/img]

And a lot of people here will say I'm nuts. Note: I'm also assuming you are a recreational player and poker income is not needed for food, mortgage, etc.

To move up 'take a shot' after winning a considerable amount play higher limits WITH A SMALL PORTION of what was won at the lower ones.

Say for Every $1,200 you win at 3/6

Go ahead and put $400 into taking a shot at 10/20. Even if you do well at 10/20 drop back down (or only play at opportune times / games) and still do not risk cutting into the bankroll not intended for that game.

Some people will claim trying to move up with 20 BB is not worth it. That's bad logic IMO. Getting a feel for how a higher game plays will ALWAYS help make the lower game seem easier.

What to do -
Say the above happens (win $1,200 at 3/6). Goto 10/20 and put $400 on the line. Say you win $1,000 playing 10/20 I will still drop back down.
Think about differences you noticed in the game and mistakes made (and how to correct them). While doing this you will notice the mistakes players are making at the $3/6 game and will notice new mistakes as well. This eventually makes the 3/6 games very easy to beat.

Then I will play the higher limit occasionally (maybe 10% of the time).

Eventually that 10% becomes 20, 30, etc.

I'm currently in the middle of one of these transitions. I plan on taking this one very slowly. But so far so good.

[One thing of interest is that moving up will mean making LESS dollars at first, even if you are winning at the new level. So dropping back down to the game you know you can print money at should never be considered bad.]

For example if you are new to the 10 / 20 game and can win at a rate of 1.5BB / 100 but can NOW smoke the 3/6 game 4 tabling AND winning 2.5BB / 100. You should still play the 10 / 20 but to IMPROVE. The place to make money is still 3/6. (even though you are making money at 10/20).

Playing 3/6 and then going to 5/10 or 10/20 or whatever and thinking you will never play 3/6 again is a bad idea (my opinion again). Not only is your win rate sure to drop at the new level but your win rate at the lower level has now exploded and you should take advantage of that. Might as well enjoy running over the 3/6 game while you ease into the higher level. Better for the confidence and the bankroll.

My progress (if you care):
About 2 years ago I started playing online 3/6. I moved up using this strategy. I found everytime I went up I lost (or at least felt outplayed, but lucky), but my win rate at the old level exploded.
I am currently transitioning into 50 / 100. I allocated 50 Big Bets for the experiment - I think this is the third time at 50/100 (First time I won $3K and dropped back - I know I got hit with the deck there, second time I lost the full 50BB FAST).
So far so good on try 3 in one month I've built it to 250 BB (I blame luck for that.)
Still deciding if I want to drop or try to stay at this level.

Whew ...... that was long. Hopefully I didn't ramble to much.

[augie_]

[ QUOTE ]
Most people post 30/60 in midstakes now, just FWIW. Why not just take a 50BB shot 1-tabling to get a feel?

Rob

[/ QUOTE ]

That's what I've been doing. I'm just curious as to what a good 30/60 player would consider a safe bankroll at this limit. (safe meaning I pay bills and live off of my bankroll)

[DcifrThs]

[ QUOTE ]
[ QUOTE ]
Most people post 30/60 in midstakes now, just FWIW. Why not just take a 50BB shot 1-tabling to get a feel?

Rob

[/ QUOTE ]

That's what I've been doing. I'm just curious as to what a good 30/60 player would consider a safe bankroll at this limit. (safe meaning I pay bills and live off of my bankroll)

[/ QUOTE ]

$60,000.

Barron

[Victor]

its been discussed many times. more tables does not increase variance. so, if your roll for one table should be the same as your roll for 4 tables. this of course assumes that your winrate does not change substantially when adding tables.

[greatwhite]

$60,000 is probablly way too much. $25,000 should be enough. If you lose $3000 drop while first starting drop down. 50bbs is usually a good test to see if you are ready yet.

[Kayber2]

Hi Augie, hopefully my personal experience will help you out a bit. I started with $3k and no understanding of what was a necessary bankroll. I probably would've gone about $9k deep.

I got lucky as can be and ran it up to right around $60k.

However in retrospect I feel very blessed. I've since had swings of over $18k. I DON'T feel comfortable with less than $60k. For me the swings are very stressful when I dip below that. Also note that this is my rookie year.= with a win rate of about 1bb/100. If you're less than that expect greater swings.

[DcifrThs]

[ QUOTE ]
$60,000 is probablly way too much. $25,000 should be enough. If you lose $3000 drop while first starting drop down. 50bbs is usually a good test to see if you are ready yet.

[/ QUOTE ]

the poster asked how much for him to play 30/60 consistently (assuming no moving down) and live off of for bills etc.. (i'm assuming 1k/month about so 12k /year leaving OP 48k bankroll or >750bbs)

Barron

[Entity]

[ QUOTE ]
[ QUOTE ]
Most people post 30/60 in midstakes now, just FWIW. Why not just take a 50BB shot 1-tabling to get a feel?

Rob

[/ QUOTE ]

That's what I've been doing. I'm just curious as to what a good 30/60 player would consider a safe bankroll at this limit. (safe meaning I pay bills and live off of my bankroll)

[/ QUOTE ]

Barron is right. I think about $60k is worthwhile. I really don't think I'd ever make it my main game with less than that, but I don't see why you would feel the need to have a set financial goal before playing.

Rob