Wednesday, June 07, 2006

MTTs, Variance, and Bankroll Mgmt.

Well, First of all, some business to take care of....Everyone please read Nate Dogg's most recent post "look at this action" and check out his awesome screenshot, leave him a comment and let him know how crazy that is....and yes, I know there is no screenshot there...

Ok, sorry for the lack of posts/updates, have been very busy lately....been trying to get in some workout time after work, which can be tuff, and always is...But for right now, poker wise, I am back on the MTT grind...I am still playing some low-limit cash games and SNGs, but I am trying to seriously grind an MTT into a final table, I need a big score...and I know that everyone says that..but I truthfully believe that I can take one of these down or atleast get top 3....I prefer to do it in a $10 or $20 vs. like a $5 so that if I do take it down it will be $2500-$4500....I am confident in my play right now, but the cards just aren't running, played deep in the $10 on Stars last nite only to get all-in preflop with AA vs. 99(I reraised his reraise and he still called)...only to have a black 9 hit the flop and I dont get lucky, so Im done...just like that...doing fine, get the best hand, thank your goin to double, but instead the deck tells you to bend the fuck over and be its bitch...oh well...I guess thats variance, thats the #1 reason that MTTs are tuff, but there are people who consistenly dominate MTTs on Stars and are awesome to watch....One of my favs being Bill Ivey....this is a kid from Tuscon, AZ....hes only 18, and he just got done completing a self-charged goal on his blog of making $100,000 in 100 days....crazy, even more crazy, he finished in only 77 days...I really like his play and would like to learn some things about MTT play from him and others such as JohnnyBax, Premier, Johnster, MrSmokey1, Ozzy87, etc....there is a pretty big list...I think my biggest thing as far as bankroll padding and mgmt. is concerned is that when I have a decent score, I can really use the money, or want to...I can't just let it sit there and slowly build...I mean if I deposit $100 per say, and in a weeks time or less take that up to $1000+...most of the time I will cash out $800 of that and then through variance and playing over my limits, lose the rest and have to re deposit...its a never ending cycle...I am a winning player, however, most people that play, cash out, redeposit, I would assume are probably in the red in the long run, but I am in the positive for 2006 by a pretty big number, esp. by my standards, so I consider myself a winnning player, but can't always let the money sit in there b/c I need it....so if by chance any high-stakes players, accomplished players, anyone with more than $10k in their accounts reads this and has any advice...I would appreciate it, and also any from people closer to my level...

So with all that crap said...I think its about time to get back to work, I am getting ready to leave to go to Benton....But I have been playing with a str8 head the last couple of nights and just running into brick walls, but I got a Final table coming...so just wait....Late

1 Comments:

Anonymous Anonymous said...

hey donk fuck your MTT's, fuck your Variance, and fuck your Bankroll Management. I'm trying to manage my bankroll and its looking a lil short, $30 short to be exact, you faggot. Quit being a bitch and answer a damn phone. When I call, shit stops ok. A simple, "Hello, how you doing" is greatly appreciated. I'll be waiting.

1:24 AM  

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