This May Sound Pathetic, But I'm Desperate
#1
Posted 22 October 2007 - 09:59 PM
I went on FullTilt before, having coming off when suffering a bad beat and going out, eating etc. I logged back on and was +$90 in about an hour.
My target was to get my BR to $370, and then stop. At $350, I thought this shouldn't take too long.
However, I slipped to $310, then $270. Wanting to rest at $300, I fell to $220, and then $180, following 2 bad beats.
Following some events, I'm sitting here at $40...
I can't believe what I've done. I always tell myself to stop playing at a set time, but today I was free and went on. When I start to lose money, I know I should stop, but I ventured on anyways. I can't rest now; can't sleep. Just about managed to drink some water. I felt physically sick following the last hand (set vs. set, losing me a notable chunk)
Over the last 2 days I'd gained $300 at the .25/.5 tables, yet I'm finding myself back at .05/ .10.
The only consolation I can give myself is that I was at these tables with $77 recently and built up my bankroll, but its reassurance is of little effect.
Any words of wisdom at all are greatly appreciated.
"You're playing a dangerous game, and you're playing it wrong."
#2
Posted 22 October 2007 - 10:05 PM
if nothing else, learn from this mistake.
maybe some Confucius: Do not learn with profit in mind, but instead passion. Profit will follow.
#3
Posted 22 October 2007 - 10:15 PM
The one thing I remember most about that day was I had AA cracked a fair few times. I started to question my play in the most ridiculous of circumstances. I remember late on in the session stacking off with AA on a TJx board against TJ when the guy had called off 1/3 of his stack pf. The most outrageous thing was that I actually managed to convince myself that I had made a bad play by doing this. All I can say is do not do this.
Personally I found the best thing to do was to get straight back on the horse. I just went straight back on the next day and started playing again. I have never had another day like this one for 8 months, but I know exactly how you are feeling.
#4
Posted 22 October 2007 - 10:15 PM
#5
Posted 22 October 2007 - 10:20 PM
She's like "How much you up?"
"Uh...down 3 hundo baby. But I'll buy you dinner w/ the sklanskies!"
#6
Posted 23 October 2007 - 06:11 AM
#7
Posted 23 October 2007 - 06:15 AM
if nothing else, learn from this mistake.
maybe some Confucius: Do not learn with profit in mind, but instead passion. Profit will follow.
yeah what he said
you know what you did
don't do it anymore
#8
Posted 23 October 2007 - 06:29 AM
And by some events you mean moving UP in limits instead of down. Yeah, we all did done it.
By the way, at no point were you ever really "properly rolled" for .10/.25, so keep that in mind.
If there's a limit lower than .05/.10 on FT then drop to it. Otherwise you really should be grinding out micro SNG's right now.
Climb
Support your underground artists damnit
#9
Posted 23 October 2007 - 06:39 AM
I'm pretty sure if you want a lower limit, you gotta go to pokerstars.
#10
Posted 23 October 2007 - 07:10 AM
By the way, at no point were you ever really "properly rolled" for .10/.25, so keep that in mind.
If there's a limit lower than .05/.10 on FT then drop to it. Otherwise you really should be grinding out micro SNG's right now.
QFT.
Grind out those low limit SNGs. Or those micro tournaments even. Pokerstars has $.01/.02, .02/.05 NLHE and .02/.04 LHE for us cheapies.
#11
Posted 23 October 2007 - 08:14 AM
Can anyone tell me the technique for determing when you are rolled for a particular limit?
Thanks
#12
Posted 23 October 2007 - 08:25 AM
Can anyone tell me the technique for determing when you are rolled for a particular limit?
Thanks
Welcome to the forum.
It depends on how much variance is built into your style, but I'd say:
Full ring - 20 full buyins
6 max - 25-30 full buyins
Heads Up - 40-50 full buyins
That means that if you're playing 6 max 1/2 NL, you should have between $5000-$6000 to play with. Obviously your variance will be lower if you play tighter and if you play fewer tables, but those are good guidelines I think.
#13
Posted 23 October 2007 - 08:32 AM
It depends on how much variance is built into your style, but I'd say:
Full ring - 20 full buyins
6 max - 25-30 full buyins
Heads Up - 40-50 full buyins
That means that if you're playing 6 max 1/2 NL, you should have between $5000-$6000 to play with. Obviously your variance will be lower if you play tighter and if you play fewer tables, but those are good guidelines I think.
How does the amount of tables you play affect your variance?
#14
Posted 23 October 2007 - 08:40 AM
It doesn't. Playing more tables can affect your hourly rate though, because your concentration's spread out between multiple tables, instead of just one or two. I wouldn't recommend playing more than 4 tables at the level you regularly play at, for this very reason.
#15
Posted 23 October 2007 - 08:48 AM
If you're playing 4 tables instead of 1 table, you're seeing 4x as many hands, making 4x as many decisions and in partial theory, only able to pay 1/4 as much attention to each table. Your play on one table will often affect your play on another table and if you have a few bad hands, you can lose a lot of money very quickly, especially if you're prone to tilting where your tilt might influence your play on another table that you're playing.
Basically, it's putting 4x as much money on the table at once so your variance will be higher for that reason.
#16
Posted 23 October 2007 - 08:49 AM
Another question I have come across is how much of a tournament buy in should you pay for your particular bankroll? Is there a technique for this also?
#17
Posted 23 October 2007 - 09:24 AM
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#18
Posted 23 October 2007 - 10:09 AM
Basically, it's putting 4x as much money on the table at once so your variance will be higher for that reason.
Actually, what's happening is we're playing 4 times as many hands/hour, which means the short-run will be compressed, and we'll reach the long-run quicker. On a hand/by/hand basis, our variance will be the same, but over a period of time our bankroll graph will MORE resemble a straight, upward sloping line than the jagged (down uuuuup down down up up up down UP) graph we usually see. This is only when the x-axis is TIME, however, and not "hands played."
So our variance over TIME will actually be smoothed out. We'll lose more and win more in our bad and good 100 hand stretches, but we'll simply have more of those in a similar period of time, so in a week we're likely to be closer (percentage-wise) to our true/winrate playing 4 tables than playing 1.
I weep for people that don't understand this.
I mean, RAAAAAAWWWR!
#19
Posted 23 October 2007 - 10:18 AM
Basically, it's putting 4x as much money on the table at once so your variance will be higher for that reason.
So our variance over TIME will actually be smoothed out. We'll lose more and win more in our bad and good 100 hand stretches, but we'll simply have more of those in a similar period of time, so in a week we're likely to be closer (percentage-wise) to our true/winrate playing 4 tables than playing 1.
I weep for people that don't understand this.
this won't take long ...
#20
Posted 23 October 2007 - 10:21 AM
I don't even get it, but I never hang out in the strategy sections, so be nice.
I mean, RAAAAAAWWWR!
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