Building a bankroll requires running extremely hot
Posted by JDGskychaser
Posted by
JDGskychaser
posted in
Gen. Poker
Building a bankroll requires running extremely hot
Alright, so I was thinking about how realistic it would be for a new player to build a bankroll from scratch, and want to share my opinions.
Here is my example:
New player starts playing .5/.10 with a $200 bankroll, and plans to move up to .10/.25 when bankroll reaches $500. Assuming that player crushes the games at a clip of 10bb/100 it would still take 300 hours of grinding just to reach .10/.25. Multitabling would help, but I think most new players won't have the patience to grind it up for so many hours for such small results. Particularly as putting in this many hours in a short time frame would likely require the aspiring new player to stop working and play full time.
Combine this with the fact that most players are going to take a long time just to get to the point where they are winning at 10bb/100 at .5/.10 and we can see why people have such a hard time building a bankroll.
The more realistic way someone can build a bankroll (and I imagine this is how most of us built our bankrolls), is by going on a sick heater where they win dozens of buy ins over the course of a month or so, or by hitting a big score in a MTT.
Considering this, should the prescription for building a bankroll suggest new players to shot take super aggressively? I think so. The standard recommended bankrolls that get thrown around (20bi, 50bi, etc) are probably way too conservative to have any realistic chance of success for most people. A new player would likely have much more success studying hard, and shot taking hard with the goal being to spin up a bankroll from a reasonable amount of money from their life bankroll.
I've been having these thoughts as I am no longer working a normal job, and have been grinding .10/.25 daily. I found that even winning at 10bb/100 is really difficult to support myself financially, even living in Asia where my personal expenses are relatively low.
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Using a more aggressive bankroll management to combat the slow nature of grinding through the stakes seems like a really bad idea. 20 buyins is nowhere near a conservative bankroll. It should be enough if your winrate is 10bb per 100 hands, but if you are a new player, your winrate is probably not that high. Assuming you even have a positive winrate to start with.
And if you play poker seriously, you really should learn how to multitable, it is an essential part of being an online poker player.
If you play 2 tables of ZOOM you'll get a 1000 hands in two hours. In your case that would be $5 per hour so that means in 60 hours you are there. Not to mention you can move up to .08/.16 before that. Of course if you are one tabling regular tables it will take you a lot longer.
Excellent replies guys.
Let's say a player had $10,000 USD, no job, and was a .10/.25 grinder. The immediate goal is to make enough money to sustain the current life roll of $10k through poker (while limiting personal expenses obviously), with the intention of moving up in stakes to be able to steadily grow the life roll. Should this player shot take aggressively or try to do it the traditional way of grinding it up slowly?
Also, assume zoom is not an option (pokerstars, along with all other tracked sites are not accessible where I live), and that two or three tabling normal games would be the extent of the multi-tabling options.
I think it depends a lot on how much risk are you willing to take. I don't think there's anything wrong with taking aggressive shots, but you need to be aware of the risks and you need the discipline and mental strenght to handle the possible losses.
So what I'm trying to say is that you need to be prepared to lose if you take an aggressive shot.
Taking it slow is also fine and probably the proper way of doing it for most people. The cool thing about "taking it slow" is that if you're truly ready to move up at stakes, your winrate is supposed to be solid and the amount of volume you put in should be high too, and if those things are happening, then the grinding process is not that slow.
"I've been having these thoughts as I am no longer working a normal job, and have been grinding .10/.25 daily. I found that even winning at 10bb/100 is really difficult to support myself financially, even living in Asia where my personal expenses are relatively low."
I'm a bit confused here...how many hours per day are you playing and are you multitabling?
If you just play 2 tables of zoom and 6h/day (2 sets of 3 to relieve the grind) and 6 days a week; you should easily get $1500/month (counting 200-250 hands/h/table with 10bb/100).
That should be sufficient for living in for example Thailand and build our BR with a few hundred per month.
I'm not sure if Im missing somethign here or if you just don't put in the hours or just play one table.
Yes you nalled it, and I am not putting in enough hours, averaging 6 hours a day, two or three tabling non-zoom games.
I saw an inspiring graph a few days ago on a Rio video here. It showed someone winning $40k over 400k hands. Winrate 1bb/100.at .50/$1.
I study way more than I play, or about the same, 6 hours a day. I think I would benefit from playing more than three tables, and putting in more hours
The prescription is simply to become good lol become a good player and you will be able to build your bankroll super fast. It takes ages for micro players to build a roll most of the time because they don't study enough, just grind day in day out with very little perfomance improvement. I've been there and I was one of those guys. If you are playing micros, just stop with the volume paranoia and put in the study hours. Now that I'm a more experienced player I would say microstakes players should study at least twice as much as they play, and a bigger ratio most likely would be even better. But in reality players just grind 5-7h a day and study 1h per day at best
This seems good. I study for four hours every morning, then I try to put in some volume in the afternoon.
My goal will be to play 40000 hands in the next 30 days
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