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Poker Discussion
General Poker
What is profitable for you? MTT or Cash games?
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[QUOTE="mushthebush, post: 6214855, member: 458961"] I think it depends how small is your bankroll. I would not advise playing anything but freerolls if you have, say, less than $60. It's all about risk management. That's why I set rules, just like you would in trading. Only risk a small percentage of your bankroll, set your stop loss at a couple of buy-ins and your take profit at 3-4 buy-ins. That should maintain a healthy balance, both mentally and financially. Don't need to overplay. Furthermore, don't enter tournaments that you can't afford, only enter tournaments if you have at least 100 buy-ins. I must confess that for MTT's I have defied my rule and entered slightly higher buy-ins only if the guaranteed was worth it. So I only had $100 but risked $3.30 for a 10K GTD because I thought it was worth risking one buy-in, so no rebuys for me. Another confession is that after losing my tiny bankroll several times I decided to go through the excruciating pain of spending 1000s of hours playing freerolls for pennies to build my bankroll before allowing myself to invest smartly in cash or mtt. I ended up with a bankroll and a lot of invaluable experience, for free. Now I'm building bankrolls on several platforms. I accepted I'm not going to be a millionaire over night but I might in 10-15 years. [/QUOTE]
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What is profitable for you? MTT or Cash games?
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