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General Poker
I...WAS...A...FOOL.....!
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[QUOTE="Wild Rivers, post: 674914, member: 21370"] There's been some good advice by previous posters, but I'd like to add that NOW is the time for you to incorporate some rules of bankroll management into your game. If you go to the "search" tab here and type in "bankroll management" you'll see a ton of good threads on the subject. If nothing else, you should set some rules for yourself. When I started setting rules on myself for managing my bankroll, I decided to set aside a specific amount of my total bankroll for SNG's and a much smaller amount for LOW STAKES ring games (2/4 or 5/10 cent fixed limit). I started playing $1 sit n go's, and tracked my results with a spreadsheet. When I had won enough in profits to pay for 3 buy-ins at the next level, I'd try one there, and if I lost I'd drop back down to the lower level, etc etc. If at any point I lost three in a row, it was time to quit and either wait until the next day, or, if I really wanted to play some more, I'd take a couple of bucks to a 2/4 or 5/10 cent limit hold em ring game. If I lost that it was definitely time to quit, but on the other hand if I managed to win enough for a one dollar SNG buy in I'd pull out, squirrel my profit away, and try another table. Finally, once you get on a roll and build some bankroll, you can then look at some more sophisticated methods of managing your bankroll and step up to higher limit SNG's and higher stakes limit ring games or, if you like, you can then try no limit hold em with a low to moderate buy-in. Good luck, and, oh, by the way, welcome to CC!! [/QUOTE]
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