4k, 6k, or 8k for a 1-2 BR - Page 2 - Live Low-stakes No Limit Poker Forum

I've had plenty of winning sessions, I just can't get a BR build. As far as ego is concerned, as other people have mentioned, before I started playing again about 2 months ago, I actually took 6 months off from the game to relearn it and improve. I read a lot (all the highly recommended NL books including PNLH and HOCG vol. 1+2) and spend a lot of time on the forum and listening to good podcasts. I've been playing for 8 years, albeit I've only been a serious student of the game for less than a year. I'm not trying to toot my own horn here because a really an a humble person. But I have no doubt in my skill in comparison to that of the 1-2 game I currently play, which is pretty bad here in Florida.

Realise that you only actually have a year of practice if you say that you only took it serious for that year, don't play with money that's not yours, try to get a job, and play for a while just to learn

08-03-2011 , 01:35 AM

#27

masaraksh

Pooh-Bah

Join Date: Mar 2010 Posts: 5,250

great idea. go for 10k loan.

blog twice weekly.

08-03-2011 , 01:37 AM

#28

ewwyuck

enthusiast

Join Date: May 2011 Posts: 53

6k if you lose it throw away the books and any "dreams" of being a live grinder....

08-03-2011 , 01:39 AM

#29

Larry Lido

grinder

Join Date: Nov 2010 Posts: 673

Quote:

Originally Posted by PokahBlows

Hey Lido calm down, ill be your friend. I wanted to ask you a question about the loan. Is there a penalty for early payoff? Are you able to pay off early? I disagree with almost everyone in this thread. Keep your part time job take out the 8k loan if you can pay off early. Its a no brainer, grind 1/2 and jump in the juiciest 2/5 game. The people in this thread act like 8k is a lot of money. Some people in this country are hundreds and thousands in debt. 8k loan on a bankroll and keep your job is a winning strategy, you will be over rolled grinder status for 1/2 perfect scenario for this economy.

Lol, but thanks. I gotta pay the 6% no matter what, but that's only $480. So $8480 payback on 8k within three years. No monthly payments required. Its a really sweet deal. And yes, it seemed like a no brained to me too. Especially if I went ahead and made payments back each month. That's $235 a month, to be able to have a sizable BR. And if nothing else I got 3 years to grind out a $480 profit on 1-2. That's probably realistic.

Last edited by Larry Lido; 08-03-2011 at 01:47 AM.

08-03-2011 , 02:32 AM

#30

redarator

old hand

Join Date: Dec 2010 Posts: 1,264

I have 50 hours of live experience spread over 4 days, so I am not an expert but I feel I have good advice to give

I too HAD a 10BI bankroll at 1/2

I wasn't looking to get into huge variance play. I knew I passed up a few slightly +EV spots just because I couldn't handle the variance. So just go for fat value and don't try 3betting light planning on triple barreling against a tight opponent. Things like that.

And here is a test to really see if you are as good as you think. Play 100k hands at 10NL or 25NL online. See what your winrate is. These players are 10x harder than average 1/2 games. Now after you do this and see that you are are turning a profit, set aside 4 hours. Go sit at a 2NL or 4NL table and only one table. Single table 2NL for 4 or 5 hours straight and play well.

If you can do both these things, you can be absolutely certain that you are capable of beating 200NL live. GL

08-03-2011 , 05:03 AM

#31

pacmanjt

journeyman

Join Date: Jan 2011 Posts: 264

10 sessions and no wins. Simply do not take out a loan. Ur not winning yet. Study more and have a basis for what u plan on doing. I'm not trying to be harsh.

08-03-2011 , 06:58 AM

#32

venice10

Referee

Join Date: Nov 2007 Posts: 25,867

OP, the vast majority of the posters told you it was a horrible idea to take a loan out to play poker. You don't want to accept that excellent advice. There's nothing more to say. It won't matter how how big a loan you'll take out.

TTHRIC.

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