Gipsystripsy said:
I have to disagree with that because I think playing freerolls as a beginner is the best way to learn bankroll management
Playing freerolls can teach you some strategy, as can play money games, but they can absolutely not teach you bankroll management. Bankroll management means selecting games, that keep the magnitude of swings to your bankroll within acceptable levels. And since freerolls are - well free - you dont need a bankroll to play them, and you can never lose. So you dont learn, how losses affect you emotionally, and how to manage this part of poker.
Gipsystripsy said:
and stay away from gambling addiction.
If depositing an amount like $120 onto a
poker site makes you a gambling addict, then you have a serious problem, that you need to handle, and probably you should not be playing poker at all. Have you ever spend $120 on a dinner with your girlfriend, and if yes did this make you a dining addict?
Gipsystripsy said:
I can only share my own experience. I'm not saying this is the only right way, but if around 90% of poker players lose money in the long run, then spending time on freerolls might actually be more profitable in the long run for beginners.
It protects them from losing. But if your long term goal is to have success in poker, which you kind of allude to later, then avoiding to deposit and largely avoiding normal games for a long time will make it far more difficult to reach those goals. You simply can not have success in poker with this level of risk averseness.
Gipsystripsy said:
And I guess he wasn't asking how to become a winning player in just two weeks, right?
Probably not. But this forum is full of people, who have been stuck at the kiddie pool at the water park not for weeks but for several years. You can see this by checking their
sharkscope profiles on various sites. Tousinds of games played over years and sometimes with positive results, but with an average buyin well under $1 and a large percentage of the games played being freerolls even after playing for all those years.
Gipsystripsy said:
In my case, if you look at the picture below, I have a bankroll of around $120, and I earned all of it by playing daily freerolls on GG or CardsChat tournaments.
Those $120 is not a bankroll. In order to have a bankroll, you need to be a winning player, and you are most likely not, or at least you have no track record to prove it, since most of if not all the money came from freerolls. So its just some random money sitting in the cashier, which you could have earned a lot faster by working some extra hours in your regular job.
As I said already, you probably learned something, so its not like, the time was wasted. But you would almost certainly have learned a lot more, if you had deposited a reasonable amount of money and focused on normal games rather than freerolls. Instead of sitting and waiting for the CC freeroll to start, you could have played a session of games, where the CC freeroll was only one of them, and learned a lot more. Putting in volume is essential for learning.
Gipsystripsy said:
There are also two weekly freerolls for almost every country, so in the end it's all about consistency. I haven't reached my goal yet. My next targets are $250, then $500, then $1,000, then $5,000, and finally $10,000. Based on my bankroll, I never risk more than 5%, and I never want to gamble.
The latter is a very problematic statement. Poker is gambling with a skill element, and if you can not accept this, then frankly the game is not for you. Say you make it to $5.000. Then even if you never deposited, or only made a minimum deposit of $10 or something, then this is still your money, and you could withdraw it and spend it on something. So if you instead choose to use some of it to buy into a $30 tournament, then you are gambling, and you are risking to lose that $30, that could have bought you a new T-shirt or something.
Gipsystripsy said:
And yes, I never said that I don't use this money to play other tournaments. Of course I do. I sometimes play $0.50 buy-in tournaments. I also tried cash games once and lost $10 from my bankroll in about 15 minutes. I guess I wasn't prepared for that amount of crazy play in the microstakes.
Variance is part of poker, and you cant expect to play for just 15 minutes and then win. And yes 2NL can be a bit of a wild ride, but its also extremely soft and easy to beat. So play 50.000 hands or 100.000 hands instead of just playing for 15 minutes, and see how your results are then. After that you can decide, if you like cash games or prefer to stick with tournaments.
I began my poker career with cash games but transitioned to tournaments several years ago after finding 25NL a bit difficult to beat. But I still think, there is a lot to be said for learning the game via cash games, since they offer maximum flexibility, and you play with deeper stacks, which is important for learning turn and river play.
So if I had to make a general recommendation, it would be to begin with cash games and stick to these, until you can beat 10NL and have build at least a $500 bankroll. And then after that you can consider to transition over to tournaments. With a $500 bankroll there are far more interesting tournaments to play across sites than with a $120 bankroll.
Gipsystripsy said:
So for now, I decided to spend more time reading strategy books, even if many of them are over 10 years old. I enjoy reading them because I like to understand how those players think. I'm sure some strategies are outdated, but instead of playing all the time, I also watch tournament videos on YouTube and study modern concepts like solvers and poker psychology.
Its great to study, but its not a replacement for practice. For the best results you need to do some of both. It cant be 100% play, but it also cant be 10% play and 90% study. Thats like trying to learn sex mostly by reading about it.
Gipsystripsy said:
So keep going and don't think only about the short term. I'm sure that's one of the reasons why only around 5% of players are winning players in the long run.
Exactly. And in the long run, it wont matter, if you deposited and lost a bit of money in the beginning. Books are not free either, unless you can borrow them from a library or something. But since you now already have $120 sitting in your account, you dont have to make any additional deposits but can just start grinding cash games, until it has (hopefully) grown to $500 or more.