What to do?

Hi all,

What do you do when you have only 1$ left on your bankroll?
In my opinion there are diffrent ways:
1) playing the Ferguson
2) 1000$ Guarentee (buy-in 0/0.10$) afford a rebuy
3) playing a satellit ( 0.50/0.10$ for 100k deuce)

What would you do?

Ferguson has some easy and beatable competition without having to go through so many people so I'd say that's your best shot

David Pisch said:

Hi all,

What do you do when you have only 1$ left on your bankroll?
In my opinion there are diffrent ways:
1) playing the Ferguson
2) 1000$ Guarentee (buy-in 0/0.10$) afford a rebuy
3) playing a satellit ( 0.50/0.10$ for 100k deuce)

What would you do?

Click to expand...

None of those options are actually 'good BR management'.

The $1 doesn't have to burn a hole in your pocket. You can also sit on it and add more through FR wins. If you 'must' play it, I would say take 10 shots at the $.10 buy-in, no rebuys.

To enter just 'one' event with $1 is basically saying that you plan on making it ITM in 100% of your attempts.

I'd play the satellite if you had enough to addon (1.10). You're likely to go broke whichever you choose, but atleast the T$ would give you some breathing room instead of a couple bucks. Then play the CC freerolls in a few more posts That's your best bet for getting off the ground.

nevadanick said:

None of those options are actually 'good BR management'.

The $1 doesn't have to burn a hole in your pocket. You can also sit on it and add more through FR wins.

Click to expand...

There is no such thing as BRM when you have $1, you don't have 20 buyins to anything. While waiting to add to it through freerolls is fine too, might as well take the chance now of getting started since you're going to play the same stakes tournament after you win some freeroll $ anyway. Lose a dollar now, win $3 in two weeks...or hold onto it and have $4 before losing the dollar, same thing.

I'd have to say the fergusson is your best shot. There's alot of ppl don't get me wrong, but really they are'nt that hard to beat

Lakers?! Go Boston!! Anyway, I would break it up to play more tourneys. Keep building you BR. Good Luck however you choose.

David Pisch said:

Hi all,

What do you do when you have only 1$ left on your bankroll?
In my opinion there are diffrent ways:
1) playing the Ferguson
2) 1000$ Guarentee (buy-in 0/0.10$) afford a rebuy
3) playing a satellit ( 0.50/0.10$ for 100k deuce)

What would you do?

Click to expand...

Options 1 or 2.
OR none, just play freerolls til you get an amount you feel ready to get back into buy-in tournies.

Definitely bring it to a 1NL table and play tight until you double it up. Then leave the table and come back to 1NL with another dollar and double it up again.

Use a reload bonus.

4) create a thread about your last $1 on Christmas Day in Cardschat and one of the mods sends you another $5 to work with.

Just deposit another $50

There are so many people who simply dont want to deposit any cash!!!

Look $50 a month or every couple of months is nothing really.

This is a hobby.. hobbies cost a bit of cash.. you try getting as many hours entertainment a month as you do from poker on a budget of $50.. you will be hard pressed to find anything else which offers such good value for money!!!

Play the free rolls if you want.. deposit some cash if you want... its just a hobby and its not like $50 is like putting the deeds to your house on the line!!

LOL at Dakota

Hopefully nobody donated this guy any money. I agree with nevadanick. If you want to establish a bankroll without deposting money then you have to keep playing freerolls until you get up to 50 bucks. Once you get to that point then you can start playing those 10 cent buy in tourneys and 1 buck ferguson tourneys. But otherwise if you dont care about building a bankroll then by al lmeans play the ferguson and take your chances. Sorry about the sad state of financial affairs.

D'wilius said:

There is no such thing as BRM when you have $1, you don't have 20 buyins to anything. While waiting to add to it through freerolls is fine too, might as well take the chance now of getting started since you're going to play the same stakes tournament after you win some freeroll $ anyway. Lose a dollar now, win $3 in two weeks...or hold onto it and have $4 before losing the dollar, same thing.

Click to expand...

Sitting on it 'is' good BR management, and there 'is' BR management at any level. NOT spending it, can be managing it. It's the way I started, adding one to the other after another. Until I had double digits and felt I could go to other levels without going broke time after time on downswings.

Keep the $1, add the $3 and now the $4 is 40 dimer buy-ins. Or still sit on it (managing it) until it gets to $25 or $30 and then play the $1.10 MTT's or SnG's or Fegy's.

Buy a hooker.

nevadanick said:

Sitting on it 'is' good BR management, and there 'is' BR management at any level.

Click to expand...

I insist this is wrong. You can have less than enough to use BRM guidelines, so until you have more all you can use are the BRM guidelines for a minimum qualifying BR...if you are playing the same stakes you will when you have a minimum bankroll from freerolls, then the only thing that changes is when you play the buyins. The only pro/con is by playing sooner you may get off the ground sooner. You are only 'broke' until the next freeroll win...when you would have had to wait to anyway if you were saving it.

However, if having some tangible money behind you makes a psychological difference to how you play (or you need more exp. as a beginner), there can be merit to building through freerolls first.

^^^

I agree

Under about $50 you dont have enough to follow bankroll managment.

Its good to see that people are taking bankroll managment seriously but if you think about it.. you have to have something which can be considered a bankroll before you can in anyway manage it in any meaningfull way.

I dont want you guys to think im loaded (cuz im not) but you will find more cash behind my sofa than this guy has in his bankroll.

save your dollar and just reload..if you cant..well the 1000 garnt..would be my best bet

I believe even Ferguson says to ignore traditional BRM when you are short stacked as OP claims.

10 dimers sounds like the best option to me, other than a few freeroll wins.

Save it till you win a few cents then play a SNG. Build from there.

Oh and too "Stu Ungar" who said,

"Under about $50 you dont have enough to follow bankroll managment."

You're 100% wrong.

If you have $30 you don't need to follow BRM? You must've went broke many times. You should follow BRM anytime. I understand a buck is a buck but you can sit on it and wait. You don't NEED to play any tourney. If you build it to $10, should you LET IT RIDE because it's under $50? Of course not.

Save the buck, play a few freerolls and make some change. Then when you have enough for a sng use it to build it from there.

GL on whatever you do.

Oh and too "Stu Ungar" who said,

"Under about $50 you dont have enough to follow bankroll managment."

You're 100% wrong.

If you have $30 you don't need to follow BRM?

Click to expand...

LOL

Well in that case the guy should split his dollor by a factor of around 30.

Which gives him just about 3c to play with on each tournament.

Assuming that he finds a tournament in which he can 'invest' his 3c, he must be sure to win it otherwise his bankroll will be down to 97c and he will have to recalculate to see whether or not he should go down in stakes.

$30 really only lets you participate in $1 tournaments, if you loose then you will not be able to reduce in stakes so you are not really 'managing' anything with this figure.

Again with buyins for cash games, you can only but into $1NL (at the absolute most).

really you want 40 or 50 buyins, but well say 30 because its the lower end of the acceptable scale.

So you loose 3 or 4 buyins.. now what? You arnt practicing BRM because you dont have enough to do it.

Im not saying, go blow it all on one buyin.. (the $30 that is) but be realistic. Get into the cheapest stuff you can find and see what happens..

But that isnt BRM .. thats common sense.. BRM can only be practiced when a bankroll is big enough to allow a player to move down stakes as a result of a downswing or loss.

If you build it to $10, should you LET IT RIDE because it's under $50? Of course not.

Click to expand...

Im certainly not rich.. but this is like talking to someone from the third world!! I mean I put about $120 of petrol in the car each week just to drive to work and back.. A sandwich costs over $5.. And you think I should be practicing true BRM for under $50??? I think a little perspective is needed here.

As I said, as long as you only top up every month or two then $50 makes this a very cheap hobby.

In fact in terms of BRM, the cost of the electricity used to run his computer whilst finding out how he should properly manage his 'bankroll' is probably as much as the $1 'bankroll'.

I have been in that situation on full tilt a few times. I am a big fan of the ferguson and I try to play it as much as possible. When I am in that situation I usually just put in in the ferguson. But proper BR management would definetely tell you to let it ride and stick to the freerolls.

Id say do the $0-0.10 tour 10 times. And think of it as haveing $100 and doing $1 tours. Practice BR managment. Then when you do have a BR you know you can manage it. (not that loseing one dollar means you cant, just that you might as well pratice managing it)
And hit some freerolls, maybe you wont have to worry about it after one of em.

But stay away from that $1 hooker!!!

Small bank roll on Tilt is almost worthless. No penny poker no sng under 1$. If it was on poker stars I would try and build too 1.10 in a penny poker game then play a double up turbo. On Tilt only choice is Ferguson or the 10 cent rebuy both will prob get you broke as only 1 chance in fergeson and 10 chances in the 1K without benifir of add-on or rebuy