Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Tournament Poker > MTT Strategy

Reply
 
Thread Tools Display Modes
  #11  
Old 10-18-2007, 12:20 PM
Sherman Sherman is offline
Senior Member
 
Join Date: Jun 2005
Location: Ph. D. School
Posts: 3,999
Default Re: Things it took me a while to learn part 4, Bankroll management

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

In terms of Bankroll management, what can I do to get a sick heater?

[/ QUOTE ]

You have such good understandings of the game and I'm sure your next big score is just around the corner. Honestly, I'm surprised you only have that one time big score under your belt? Or is it that you just don't practice what you preach?

[/ QUOTE ]

I think I can answer that, publicly, since it may provide some insight (doubt it)?:

Well, Rocco, back last year, I basically only played cash games, for the wrong reasons, without thinking at all about the game. I had one "big score" when I luckboxed in a tourney. You could play this game for 20 years based on emotion and "competitive spirit" as opposed to logic/match and not make a buck. You could find yourself 3-betting in all the wrong spots for a year if you are so inclined.

I only started playing tournaments and actually posting/reading in SSMTT about February of this year. A couple of months I made a lot of really brash plays - I think experimentation is important to an extent. I play Part-time and have like 200 tournaments and 300 SNGs under my belt since then. Maybe the biggest problem is that I don't play enough. I also think I learn slow, but I say this with as little ego as possible, I learn well.

I'd say that I started "practicing what I preached" in July of this year. If I fall into that category of "better poster than player," well that sucks. But my plays are merging very close to my posts. And that can't be bad.

fwiw, of the 200 tourneys I've played, I've had a few "nice scores." Just not the coveted 2 - 5K, which I'd love to have and ocassionally gripe about not getting to (it would behoove me to stop the griping).

Barry

[/ QUOTE ]


Barry,

I've played MTTs for 20 months or so (not always exclusively) and I have never had a 4 figure cash. I've had two very near 4-figure cashes, but never had a 4-figure cash. Part of the reason is of course that I play in a lot of "low variance" MTTs with small fields that produce lots of cashes in 3 figure ranges. But I don't think it is all that uncommon to go 300 MTTs w/out a major cash (depending on the types of MTTs you play).

Sherman
Reply With Quote
  #12  
Old 10-18-2007, 12:40 PM
BarryLyndon BarryLyndon is offline
Senior Member
 
Join Date: Nov 2006
Posts: 2,590
Default Re: Things it took me a while to learn part 4, Bankroll management

Thanks, Sherman. Please see amended response, I think there is a lot of good stuff there (I tried to make it more wisdom orientated and less self-[censored]-aggrandizing).

Barry
Reply With Quote
  #13  
Old 10-18-2007, 02:05 PM
Rocco Rocco is offline
Senior Member
 
Join Date: Jan 2004
Location: Bork, bork, bork...
Posts: 1,747
Default Re: Things it took me a while to learn part 4, Bankroll management

[ QUOTE ]
Thanks, Sherman. Please see amended response, I think there is a lot of good stuff there (I tried to make it more wisdom orientated and less self-[censored]-aggrandizing).

Barry

[/ QUOTE ]

Good post, Barry. Very inspiring and it probably applies more or less directly to lots of poker players. Even if it seems like everyone starts winning as soon as they begin posting here, it's about as far off from the truth as it can be. So, I think your post might inspire those who are still waiting for the big score and will work as consolidation for those who thinks "everyone" is winning constantly.

Based solely upon quality of posts, I won't be surprised if you and Sherman starts racking up nice scores very soon. You are definitely among the top 10 regular posters in SSMTT.
Reply With Quote
  #14  
Old 10-18-2007, 02:23 PM
ZenMusician ZenMusician is offline
Senior Member
 
Join Date: Jan 2005
Location: Are the Queens called Quoons?
Posts: 1,412
Default Re: Things it took me a while to learn part 4, Bankroll management

Great discussion here!

Bond, you should either sticky these or make the main
post have an index to your past wise words.

-ZEN
Reply With Quote
  #15  
Old 10-18-2007, 03:53 PM
MJBuddy MJBuddy is offline
Senior Member
 
Join Date: Mar 2007
Posts: 1,513
Default Re: Things it took me a while to learn part 4, Bankroll management

I made a personal calculator that I update and adjust constantly.

Currently it runs over 35~ games with 10 spots for HUSNG, 10 spots for low variance games, and 10 spots for NLHEMTT, 1 spot for LHE, LO8, Stud, Stud8, and Razz and 1 for HORSE.

It self adjusts to allow me to take shots depending on my current trend of running; I'm about un-bustable. That said, I tend to run on the nit side of the MTTSNG side of it because I can't redeposit and I'm a recreational player. The HUSNG and MTTSNG serve to control my bankroll variance and increase my ability playing HU and late-game. When I make FTs, I plan to win them - mostly because I'm the most experienced shorthanded and HU player at the table; at least that's my goal.

But yes, my bankroll is entirely self-adjusting and allows me to make shots (I punish myself a lot for taking bigger shots if I sat into say, the 50/50 on FTP and can't unregister. I calculate higher than my allotted and my calculator auto-adjusts the rest of my games to average out my buy-ins to make up for the shot.
Reply With Quote
  #16  
Old 10-18-2007, 05:42 PM
DeuceSeven DeuceSeven is offline
Senior Member
 
Join Date: Mar 2006
Location: deuceseven.blogspot.com
Posts: 1,765
Default Re: Things it took me a while to learn part 4, Bankroll management

I've been playing mtts since feb. of 2006, I've probably played somewhere in the neighborhood of 300 mtts and haven't had a 4 figure cash. I've had 4 or so 3 figure cashes, I've been cl in the final 5% of a few big guaranteed mtts and have gotten super unlucky to not make a ft of a big pay out mtt. Of course since I've had a decent bank roll and what I think is a solid understanding of poker for small stakes I've concentrated mostly on sngs until this month.
Reply With Quote
  #17  
Old 10-18-2007, 05:57 PM
Nogatsira Nogatsira is offline
Senior Member
 
Join Date: Mar 2007
Location: Belgium
Posts: 1,636
Default Re: Things it took me a while to learn part 4, Bankroll management

great post again!
they should be added to the anthology and that post needs an update aswell!
Reply With Quote
  #18  
Old 10-18-2007, 07:15 PM
Mr.Poker Mr.Poker is offline
Senior Member
 
Join Date: Feb 2006
Location: not playing enough...
Posts: 367
Default Re: Things it took me a while to learn part 4, Bankroll management

I've been away awhile. but gona add my 2 cents to the argument...

IMO, the key to learning MTTs and BRM, especially when building a bankroll is to find a site which has a large array of smaller field tournaments.

This will hopefully allow you to play many tournaments in a session and allow you to become far more familiar with the bubble and end-game scenarios, whilst also learning about the early and middle game (although these are significantly shorter here and will need to be worked on when you play in larger field tournaments).

This is mean you cash more regularly, even if you are a bad player, but more importantly, will highlight areas of your game you are weakest at. For example, do you always arrive near the end game with too few chips?

The more experience of the different stages of the game you get, the better and quicker you will learn and adapt your game.

I cant think of better advice than this, other than reiterate the points already made by Bond (100x buy-in, 5% of BR on a shot)

Mr.P
Reply With Quote
  #19  
Old 10-19-2007, 04:46 PM
WJL WJL is offline
Senior Member
 
Join Date: Jan 2007
Posts: 127
Default Re: Things it took me a while to learn part 4, Bankroll management

Forgive me for being a tard, but I can't find part 3 . . . any help?
Reply With Quote
  #20  
Old 10-19-2007, 09:39 PM
Nogatsira Nogatsira is offline
Senior Member
 
Join Date: Mar 2007
Location: Belgium
Posts: 1,636
Default Re: Things it took me a while to learn part 4, Bankroll management

http://forumserver.twoplustwo.com/showfl...=3#Post12396000
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 06:59 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.