Open Side Menu Go to the Top
Register
Bad bankroll management leads to repeatedly going broke Bad bankroll management leads to repeatedly going broke

09-24-2016 , 06:25 AM
Alright I`ll start off by saying i've blown my bankroll atleast 20x. Most of those time we're deposits of between 20-50$ worked up to a max of 600$. The first time was last year sunk a tourney for like 400$ had no Idea of BR complete noob to anyform of poker and tilted it off. So after losing it the first 20x's realized proper BR management and tried to avoid tilt, this month worked hard played proper stakes trying to grind ONLY cash, Studied the **** out of poker everyday.

After all that I could easily Beat 2nl grinded to 30BI's for 5NL went on a roller coaster ride for a week trying my hardest to beat this stake ended up dropping back to 2NL. Now that I'm at 2NL can't even beat that ****, now i'm down to 1$ in my ACC. The tilt comes from bad beats, it's gross how many times I get it in good and still lose. Yea I know sample size, but a week of set over sets and other bs has caused me to tilt it off my biggest losing hands is AA couldn't play them without some joker flopping a set.

I beat 1/1 live cash games pretty easily I played everyday in the summer while I was in the UK for about 12BIs, but can't beat the online micros. I'm really just looking for some advice and insight on other peoples struggles with tilt and jumping stakes. Here's my graph if anyone cares mostly 2nl and 5nl and you can see where the tilt took place. (The graph ends at +50$ dw I lost that too)

Anyways going to take a break for a little bit read the fourms, books, and do some poker studying before re-depositing. Any advice is welcomed and sorry for the novel.


Graph
https://gyazo.com/9527ab81b1df51f8a72b06e2518c2f3a

Last edited by Mickhugz; 09-24-2016 at 06:37 AM.
Bad bankroll management leads to repeatedly going broke Quote
09-24-2016 , 08:29 AM
Use the responsible gambling feature to block higher stakes (can be changed after 1 week with 24 hour notice).

Buy Tiltbreaker and limit the number of buy-ins you can lose in a single session.
Bad bankroll management leads to repeatedly going broke Quote
09-24-2016 , 08:46 AM
1/1 and 1/2 live are waaay easier than even the lowest stakes online, so you just need to get better
Bad bankroll management leads to repeatedly going broke Quote
09-25-2016 , 08:05 AM
Would be interested in seeing some hand histories. The AA hand where they get a set seems like a good starting point. Where and how did the money go in?
Bad bankroll management leads to repeatedly going broke Quote
09-25-2016 , 08:23 AM
Nowhere have I read that you use a HUD. Playing online without one these days is suicidal above 2NL.
Bad bankroll management leads to repeatedly going broke Quote
09-25-2016 , 09:19 AM
Quote:
The tilt comes from bad beats, it's gross how many times I get it in good and still lose. Yea I know sample size, but a week of set over sets and other bs has caused me to tilt it off my biggest losing hands is AA couldn't play them without some joker flopping a set.
This is not the sign of a winning player.

Also there is inconsistency in this because you say you get the money in good and then "the joker flops a set every time". If you 4bet pre and he called half his stack then yes, that is just unlucky. If you raised (or god forbid limped) and shoveled in 20 times the pot on the flop then you absolutely butchered the hand.
Quote:
I beat 1/1 live cash games pretty easily I played everyday in the summer while I was in the UK for about 12BIs, but can't beat the online micros.
Live 1/1 is easier than micros online. Besides 12 buy ins when playing every day for the summer is actually a poor result for a game that is supposed to be rather juicy.

Judging on the results, you're not a (significant) winning player online but more like breakeven. Now it might indeed by bad luck but especially when you're losing it is important not to blame bad results solely on variance but be extra motivated to study and review hands. What I see in the OP is basically "I'm crushing and getting unlucky by jokers flopping sets", not the mindset any winning player over large samples has. You don't get good that way.

Edit: it is much safer to blame big upswings on variance. That way you assume that you're not that good so you keep learning, if you're indeed not that good then you improve, if you are good anyways then you will become even better. If you assume you are losing because of variance while you are not, eventually you just keep losing.
Bad bankroll management leads to repeatedly going broke Quote
09-25-2016 , 02:15 PM
try not to have selective memory, which is hard to do.
most players remember the times they lose the 70/30's or 80/20's. but not when they win
in the long run it evens out, you need to apply proper bankroll management so your sample siz e is big enough to see if u truly are a winning player
Bad bankroll management leads to repeatedly going broke Quote
09-25-2016 , 03:22 PM
Quote:
Originally Posted by Kelvis
This is not the sign of a winning player.

Also there is inconsistency in this because you say you get the money in good and then "the joker flops a set every time". If you 4bet pre and he called half his stack then yes, that is just unlucky. If you raised (or god forbid limped) and shoveled in 20 times the pot on the flop then you absolutely butchered the hand.
Live 1/1 is easier than micros online. Besides 12 buy ins when playing every day for the summer is actually a poor result for a game that is supposed to be rather juicy.

Judging on the results, you're not a (significant) winning player online but more like breakeven. Now it might indeed by bad luck but especially when you're losing it is important not to blame bad results solely on variance but be extra motivated to study and review hands. What I see in the OP is basically "I'm crushing and getting unlucky by jokers flopping sets", not the mindset any winning player over large samples has. You don't get good that way.

Edit: it is much safer to blame big upswings on variance. That way you assume that you're not that good so you keep learning, if you're indeed not that good then you improve, if you are good anyways then you will become even better. If you assume you are losing because of variance while you are not, eventually you just keep losing.

I mostly Played tourneys, I played cash 3x's a week. And my Avg all in equity Pre tilt was 64% after tilt it evened out to like 52% so yea I was getting my money in good.

Last edited by Mickhugz; 09-25-2016 at 03:32 PM.
Bad bankroll management leads to repeatedly going broke Quote
09-25-2016 , 03:31 PM
Quote:
Originally Posted by venice10
Nowhere have I read that you use a HUD. Playing online without one these days is suicidal above 2NL.
I Use a HUD I have PT4
Bad bankroll management leads to repeatedly going broke Quote
10-06-2016 , 04:19 AM
Alright took some advice, blocked higher stakes to avoide tilt deposited 150. Now beating 5nl pretty small sample only couple days in. https://gyazo.com/0edf4c7ae6007649ec54f55dd3e75d19

I play better when I Don't tilt aha, trying to avoid that and rocky start IK thanks!
Bad bankroll management leads to repeatedly going broke Quote
10-06-2016 , 01:54 PM
Like quite a few people have stated. If you feel like your going to tilt off your roll try stepping away for a bit and take a breather. Get something to eat. Go for a run. Something that will take your mind off the game and allow you to refocus
Bad bankroll management leads to repeatedly going broke Quote
10-06-2016 , 02:08 PM
When you play online, how many tables do you play at one time?

The "thing" that most forget is..... poker is a gambling game. Yes, we gamble using our skill to an advantage but in the cold light of day, YOU WILL LOSE hands where you had an incredible equity edge. Come to grips with this fact....will help your pokering mindset.
Bad bankroll management leads to repeatedly going broke Quote
10-06-2016 , 03:17 PM
Quote:
Originally Posted by King Spew
When you play online, how many tables do you play at one time?

The "thing" that most forget is..... poker is a gambling game. Yes, we gamble using our skill to an advantage but in the cold light of day, YOU WILL LOSE hands where you had an incredible equity edge. Come to grips with this fact....will help your pokering mindset.

4 Tables max, Use to do more but my win rate suffered because I'd experience more bad beats causing me to tilt
Bad bankroll management leads to repeatedly going broke Quote
10-07-2016 , 01:30 PM
Quote:
Originally Posted by venice10
Nowhere have I read that you use a HUD. Playing online without one these days is suicidal above 2NL.
Cutting down tables and taking notes doesn't help that? But i figure it's good to understand what the stats mean/purpose of a low WTSD or high turn cbet etc...
Bad bankroll management leads to repeatedly going broke Quote
10-08-2016 , 08:48 AM
I wrote an article for the digest a few years ago titled "classic blunders and taking shots."

If you never cash out then your probability of going broke goes way up.

If you spend all your winnings then your probability of going broke approaches (1).
Bad bankroll management leads to repeatedly going broke Quote
10-09-2016 , 03:47 AM
get software, learn kelly criterion, establish a winrate
Bad bankroll management leads to repeatedly going broke Quote

      
m