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Originally Posted by Michael Woods
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I am going to deposit $50 onto Pokerstars soon...
OK, so you are going to deposit $50. Just because you deposit $50 doesn't mean you will have a bankroll of $50. A bankroll is something used by winning players to absorb variance. If you are not a winning player, the $50 is either an entertainment budget, or a training budget.
Quote:
Originally Posted by Michael Woods
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and have fresh start again.
OK, sounds like you are not a winning player, so you shouldn't think of the $50 as a bankroll.
Quote:
Originally Posted by Michael Woods
I want to play and improve my MTT games ...
OK, so it sounds like your $50 is a training budget. You should try to look for the opportunity that provides the most learning for a given amount of money. Generally you learn in proportion to the number of hands you play. You'll get the most play by playing at the lowest real money stakes. While you might learn more per hand at slightly higher stakes, it won't be enough to offset the higher cost of play and the risk of an earlier bust-out due to higher variance.
If your goal is to become good at MTTs then you should probably play tournaments, not cash games. Play whichever has the lowest cash buyin. If you are not good at single table SnGs, then you are probably not good at MTTs either, so don't let that be a deterrent from playing STTs. Tournaments have a different dynamic than cash games, due to the increasing blind levels.
Start at 8, 9 or 10-man tables. You'll see more hands per buy-in. You'll play a lower portion of the hands you see, but you should be learning even when you are not in the hand. For this reason do not play Zoom or any other variant where you leave the table as soon as you fold. You need to build up your observation skills, and get used to thinking about the other players and developing reads. Also, avoid Turbo or faster. You need time to think and absorb what you have learned.
Avoid Fifty50s, as the structure tends to decrease the motivation to finish first, and increase the motivation to just hang on, which is not necessarily the best mindset to have in other tournaments. I'd also suggest you avoid shoot-outs, rebuys and bounty tournaments, because the format distorts play. If they are available at micro stakes, try to play some deepstack tournaments, to increase your playing time.
Continue to play lowest buy-in tournaments until you are consistently winning at those stakes, or when your budget is exhausted. Move up when you are consistently winning and you have a bankroll more than large enough to avoid busting at the next level up, assuming 50% of the winrate you had at the previous level. Move back down if your bankroll drops to the minimum needed to avoid busting.
Quote:
Originally Posted by Michael Woods
however i can't afford to risk $50 on MTT since i think $50 isn't really good bankroll for MTT yet because i need 150x MTT buy-ins so average tourney on going every day are like $1.50 average x 150 = $225
150 MTT buyins might be a rough guideline for an average winning player*, but the actual bankroll requirement depends on the player's winrate and the variance he experiences. The variance (and hence bankroll requirement) will tend to increase with player pool size. 150 BIs is not enough for a marginal MTT winner, and no bankroll is large enough to avoid busting if you are not a winning player. We use guidelines like 150BI because it can take a very long time (perhaps longer than a lifetime) to play enough MTTs to be confident of one's winrate.
*Please note that "the average winning player" is not the same thing as "the average player". The average player is a losing player.
Quote:
Originally Posted by Michael Woods
Should i play Sat to win MTT seat or something? or Play SNGs? Im not good at SNGs
If you are usually losing at the satellite level, you should play non-satellites instead. If you are winning, but do not have the bankroll to move up, then playing satellites can make sense.
