Limit or NL?

alecr45 · #1 01-17-2007, 05:05 PM

Hey,

I just recently beat the 10NL level and was rolled at about $500, so I started playing 25NL and was doing quite well at first, but just had a horrible downswing. About 6 buyins...set over set, etc.

I have been thinking for a while about playing limit. I have heard that the limit is hard to beat, due to the rake. I am thinking something like .25/.50 or .50/$1 to start (obviously beating the smaller levels.....05/.10, etc....first). I am just looking for something where the downswings aren't as bad. I don't mind grinding it out.

Also, for someone just starting limit from NL, what would be some good posts to check out?

Thanks for all the help!
Alec

Absolution · #2 01-17-2007, 05:07 PM

I think most people feel that NL has less variance.

jaxUp · #3 01-17-2007, 05:09 PM

NL tends to have less variance. If you are switching to limit to avoid downswings of the magnitude you experienced at NL you are in for a rude awakening.

davelin · #4 01-17-2007, 05:10 PM

[ QUOTE ]
Also, for someone just starting limit from NL, what would be some good posts to check out?

[/ QUOTE ]

Check out the FAQ, the digests' posts, and I believe there's a Micro-limit library somewhere on Wiki.

Approach limit as a very different game than NL...enjoy!

Poker Plan · #5 01-17-2007, 05:19 PM

More variance at limit

And a shed-load more variance at the lowest levels of limit- where every donkey is calling with 3 outs. I know it's more profitable in the "long run"- but frustrating as 'ell in the "here-and-effin-now"

unterfish · #6 01-17-2007, 05:33 PM

No. Its not more profitable, is it?
I read somewhere in the NL forum that you can expect to make 6-10BB/100 if you are a decent player. Unfortunately I suck at NL [img]/images/graemlins/frown.gif[/img]

agt · #7 01-17-2007, 05:53 PM

Think Poker Plan was referring to donkeys calling with 3 outs to be more profitable in the long run.

campi · #8 01-17-2007, 06:40 PM

[ QUOTE ]
No. Its not more profitable, is it?
I read somewhere in the NL forum that you can expect to make 6-10BB/100 if you are a decent player. Unfortunately I suck at NL [img]/images/graemlins/frown.gif[/img]

[/ QUOTE ]

OK, but you need a larger bankroll it terms of BB. Playing 25NL your average will be about $4/100/table (according to your 6-10BB/100) but you could achieve this rate playing 1/2FL, that has about the same bankroll requirements.

I chose FL mainly because I could build a bankroll much easier playing it than NL. Although - as more of you said before - FL has a larger variance.

unterfish · #9 01-17-2007, 06:54 PM

Hmmm... I hate to ask abbreviation question all the time.
But what exactly means FL?

Poker Plan · #10 01-17-2007, 06:56 PM

[ QUOTE ]
No. Its not more profitable, is it?
I read somewhere in the NL forum that you can expect to make 6-10BB/100 if you are a decent player. Unfortunately I suck at NL [img]/images/graemlins/frown.gif[/img]

[/ QUOTE ]

Sorry, I didn't make myself clear.

I meant to say:
Limit has higher vairiance than NL
Nano / micro limit has much more variance than higher levels of limit- but is more profitable (purely in terms of BB/100) than the higher levels of Limit

So if you're starting out at the lowest levels of Limit- you're in for bumpiest ride.

Hope that makes sense?

Ian