Thanks for making this thread. Lots of great info here. We need synchronized breaks sooo bad.

Glad to see the upswing continues, OP. I enjoy this thread so far!

Would you mind spending just a little time elaborating on the aggressive bankroll management strategy you alluded to? I'd be interested to hear more about it. Thanks, and good luck!

Hey, thanks for checking it out. I appreciate that you say that. I hope to continue providing content that you guys enjoy.

Yes, I agree that the lack of synchronized breaks are a frustrating issue.

Just in case someone reading doesn't know what that means, basically as an mtt player who plays multiple tables it's hard to find a decent opportunity to take a quick bathroom break, or even a break to prep a quick meal. If you run deep In an mtt you could be stuck to it for 5-6 hours. Sometimes much longer. In cash games, you can sit out on your tables temporarily and you won't be punished. If you don't come back in a reasonable amount of time, you are removed from the table. In an mtt, there's no opportunity to sit out without a penalty. At some point the blinds will come around and you'll have to pay them whether you're paying attention or not.

I've voiced my concern about this in multiple posts and have gotten a response from the bovada representatives that are active on 2+2.

Basically, as a site, they've decided that their number one priority is the recreational player. Now although synchronized breaks wouldn't directly hurt the recreational player, I guess they feel that the upside it creates for a mass multi tabling pro is a lot bigger, as they are assuming (correctly) that the recreational player probably plays 2-3 tables at most and most likely just 1.

So, in order to un-motivate mass multi tablers from playing on their site, they take a bunch of steps such as not having synchronized breaks. It's unfortunate and uncomfortable at times, but to be honest, if their whole goal is to bring the fish to the site, then I'm willing to adjust and sacrifice certain 'benefits'.

Thanks for your post and if you have any questions feel free to ask.

Hey, thanks for taking the time to look over my thread and asking a solid, specific question.

As poker players one of the skills we need to be proficient at is risk management. One aspect of risk management in poker is the idea that if we are better than our opponents, we should, in the long run, be profiting against them (as long as our edge is larger than the rake).

For the sake of simplicity we will define certain specific bankroll management guidelines as have been suggested from expert players on 2+2 I'm order to realize long run variance.

Main three types of NL games played today and suggested bankrolls

Cash: 50-100 buy ins depending on your stake level and skill level compared to the competition.
SNGS: Same as cash.
Mtts: 100-200 buy ins.

Now these are pretty basic suggestions and honestly fairly vague. More of a suggestion for the masses and assume that you're a winning player. These suggestions are put in place to make sure that variance doesn't destroy your opportunity to succeed in the long run.

Once you begin to practice these rules you should start to define what's better for you and what you feel comfortable with. Some people might feel that those numbers I chose are either too aggressive or too passive. Again, these numbers can and should change over time once you realize what you're comfortable with.

As a general rule of thumb, the larger your edge is against the competition at a specific level the lower variance will be for you. So when I mentioned that I took an aggressive strategy when it came to my bank roll it was because I felt that my edge was huge against the competition. I could have instead chosen to either increase my bankroll and keep playing at the same stakes or drop in stakes, hence increasing my bankroll in comparison to the stakes.

Because of all of this information I had already acquired throughout the years of playing poker, I understood that I didn't need 50 buy ins to be playing $5 sngs when two years earlier I was crushing mis stakes sngs on pokerstars ($22-$55). I knew that I could have a terrible run but I felt that with a 20 buy in bankroll I could climb the stakes way faster and if I happened to go busto, finding another 20 buy ins for $11 sngs is as easy as a second deposit.

Mtts are a completely different beast. Once I switched over to only Mtts I began with a 40 buy in rule and now, after having had a 200 buy in downswing I realize was probably a bit TOO aggressive, Although the 40 buy in rule was for average stake of about $10 and my 200 buy in downswing was at $30 average stake so the competition is slightly more difficult.

I do think tho that mtt variance is so insane it requires a 100 buy In bankroll for lower stakes and 200 at least for mid-high stakes.

I hope you found all the Info useful. Sorry for rambling so long but I wanted to be thorough. If you have any comments or questions please feel free to ask.

Thanks

Very intresting. Subbed.
Gl gl

Cool thread. I look forward to following along. I've been playing a bunch of the same mtts for the last couple months. Gl with your goals!

Thanks for that detailed response, OP!

I always use 40-60 buy ins for SNGs, and 100+ for MTTs. I don't play much cash, but have played with about 25-30 BI when I do.

Totally agree with you that a good player should use aggressive BRM on Bovada, especially at lower stakes.

what is your sn? I am "Player 1"

Hey, Thanks for checking it out. Glad youre finding the content interesting. Any suggestions or questions feel free to ask

Hey, Thanks. That's great, I've probably bluffed you once or twice then .
GL with everything as well and see you at the tables.

Yea I use 20-30 BI for cash here on Bovada. Even to play 10/20. Its just laughable how easy the games are. Id prob make more playing cash but I have so much more fun playing mtts, and im in it for the challenge and the glory. I do mix in 10 hours a week at least tho to keep things interesting and help increase my BankRoll.


Wait a second, I'm player 1.... how is that possible?

Lol, I put in good volume too.
Last couple of days, I have been posting in the chat box, "agentduque, you here?"

LMAO that's awesome. I usually actually have my chat turned off. I get too easily inclined to berate people or rub it in when I bad beat them. In the end I just find it wastes my energy and distributes my focus out of the actual playing and I feel that lowers my ROI.

I'll be playing a full schedule of at least 30 tournaments today. Basically everything over $11.

If you would like, let me know what Mtts youre playing and what # you are. Ill be checking the thread periodically today and ill let you know what # I am in those same Mtts. Should make it more interesting

This is a ScreenShot of me at pretty much the peak of the night. There's a ton of good tournaments after 7pm eastern time.

There's 9 running here at once, most I can handle is probably 12 but 9 is already pretty hectic. Yesterday though, I found myself able to do really well and concentrate really well. This I think has to do with the fact that I've been playing a much larger volume lately so if I happen to be doing well, im going to naturally have more running at once. Also I've been focusing heavily on my diet and general health, as well as taking a bunch of vitamins. This has helped tremendously with stamina and I can really see the difference. Before when I was eating whatever I wanted I would start 5pm and by9pm I'd be uninterested and not really wanting to register anymore tournaments. These days ive been registering until the very last tournament of significance which is at 1am my time.

So since ive been back from my trip ive played two days and a total of 61 games which im really happy about. I hope to keep this going through to the end of the month. I had forgotten this is a really short month so its gonna be a stretch to get to 450 Mtts but I'm gonna shoot for it anyway. Currently before starting today I'm at 259 so I have 7 days to get 191 more in.

GL To ALL this weekend

This is what it looks like to grind for a living on Saturday at 4pm




Going hard till 3am tonight, love the weekends

Did Bovada finally fix the pop to front feature? I remember trying to cascade tables a few months ago and having issues with tables not popping up all the time. You should check out a free program called table tamer that stacks tables for you and has a bunch of other features. There's a support thread in the free software forum.

Also, how do you deal with no synced breaks? That's the main reason I stick to cash on Bovada.

Grinding for a living playing 4 Mtts? haha ya ok.
And you cant play more than 9 at once? lol
Guess Ill get back on Bovada if its that easy

Hey, Thanks for checking out my thread. They do have pop to front feature. The only annoying thing about it is that tables pop to the front, regardless of whether u have finished your decision on the given table or not.

I alluded to the no synced breaks in an earlier post. I gave a long detailed response. I suggest that you read through my thread and find it.


GL at the tables

Hey, Thanks for checking out my thread.

I'd like to keep a positive conversation going on in this thread so I'd prefer if you comment to please give informed constructive responses.

In my original post (and earlier posts) I have given details as to my total volume I expect to be putting in. I am now playing an average of 30 mtts a day and am aiming at 450 a month.

Unfortunately Bovada's software isn't as smooth as PokerStars. Back in the day I would 18-24 table sngs and mtts but this is not viable on Bovada due to a plethora reasons. Main two would be a faulty pop to front feature, and no synchronized breaks.

I encourage you to get back on Bovada, its a great site with so much variety, and best of all, ill get the opportunity to take your money

Ill be posting my end of month update in a couple days.

Before Starting today I have played a total of 342 MTTs and I'm up over 10k for the month. I've been running really well and playing really well. I'm really happy with my volume and play and that's all I can control its just an added bonus that I keep putting up huge results.

I have 4 days to play another 108 Mtts to reach my goal of 450. I had forgotten that February is such a short month so I wont be disappointed if i reach at least 400, but I'm still going to go for the 450.

GL to all at the tables

Click on the arrow and itll take you straight to the long detailed post i made commenting about this.

Any chance we could get a top 5 or 10 scores with their respective buyin? I never realized it was possible to make $1k a month much less $10k in a short month.

Interesting thread, this is my plan as well. I'm still a very bad player though at the moment, but I'm learning, slowly. I just put ~900 on Bovada and I should be able to start playing soon. Hope I have as much success one day as you seem to be having. Good luck!

Well Two years ago it was not possible. Its actually pretty amazing how quick the site has grown since I first signed up two years ago. I remember the best tournament of the day for me was a $11 super stack where first place was $500 and I would win that once or twice a month. I was ecstatic. And as bovada grew, so did my bankroll.

TBH theres been a bunch really nice scores. I keep a spreadsheet with my ~2k mtts ive played on there and itd be quite a hassle to go through it looking for my top scores. I'd have to figure out if excel would make it easier somehow.

But for now, I can tell you I outright won the $162 100k guarantee on June 2, 2013 for $23,476.50 (which i won a $38.5 satellite into) and the very next week got 4th in the $215 buy in 25k guarantee (its now 30k guarantee) for $3,207.50.

Everything else besides that is a bunch of 2k and 3k scores. Just steadily Grinding waiting for my next big score. I actually got 9th in the 30k guarantee for 1k this sunday. Really Sad :-/ first was ~12k

Those two big scores patted my bankroll and I haven't looked back ever since. I even took August- December off of any kind of real life work to travel. I spent 2 months in Mexico Playing on PokerStars (added another 10k to my roll there) and the other two exploring California.

I feel extremely lucky and grateful for the opportunities poker has given me. And I plan to work my ass off this year pulling together more BIG scores and keep traveling around.

Hey thanks for checking out my thread. It seems trivial but IMO just keep playing. Keep going through trial and error. See whats working and try hard to realize what isn't working. Sometimes youre making huge mistakes and you cant even tell, so that's a really important trait. To be able to judge yourself objectively.

Hope everything goes well and GL at the tables.

Subscribed

Thanks NutShot!