Showing posts with label bankroll management. Show all posts
Showing posts with label bankroll management. Show all posts

Saturday, November 15, 2008

My own poker conspiracy theories

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Hi,

Following a serie of events - bad beats - and considering my years of experience with online poker, I have decided to write a few of my own conspiracy theories that will hopefully help you improve on how to play poker online:

Death Poker Table Seat

When you loose more than 2x your initial money in 1 table get out as soon as possible because you are playing in the death poker table seat! This is even more true when you loose for example with a pocket pair of Kings or Aces. So lets say I start at 1 table with $10 if I loose a total of $20 then I simply leave that table, beacuse I know it can only get worst!

Continuous Winning Series of Poker Online

When you are winning you will keep on winning! It happen already several times that when I win a hand and go to the next one immediately after with any type of hand I win the second hand as well. this is even more true when Im the chip leader or in a cash table when I have double up my initial investment.

AQ + AJ out of position!

AQ and AJ out of position are the biggest money loosers of all time. When you have 1 of these hands AQ or AJ and you pay to see the flop but someone else raises you then you could be pretty sure that you are going to loose that hand if you decide to continue - or maybe its just me :)

20% rule of bankroll management

If you loose more than 20% of your bankroll in 1 session then its time for you to stop playing for a few hours or even for that day. If you have more than 1 poker site you like to play then give it a try on the other one. Of course I dont apply this most of the times and I end up losing a lot more than 20% and thats just because I want to get my money back and I end up making all diferent kind of stupid mistakes that you wouldnt do if you were not under pressure to recover. Stop and leave!

You vs. the chip leader = you always loose!

Thats been the case in 80% to 90% of the times with me. even with almost perfect hands you can still loose if you are up against the chip leader or the guy with most money at the table. Be extremelly careful in those situations where you have for example AA and you got your trips on the flop but then the flop also is showing a flush draw or a straight draw... Most likely you will go all-in and the chip leader will hit is straight or flush draw... Been there... done that! The reverse is also true - if you are the chip leader then you can abuse a little bit more of the low stacks as usually the house will protect you as you are the guy with more money and also the one they know will generate more rake for them!

He! He! Its giving me a lot of pleasure to release all this deamons! What about you? What other poker conspiracy theories to you have? Please leave me your comment!

To be continued...

Best regards,
Tuk

Tuesday, September 2, 2008

Quest for profitability in 10000 poker hands - Competition!

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Hi,

Im starting a new competition online for all that have registered through my blog on pokerstrategy where the objective is to see how profitable you are after playing 10000 hands. For the top 5 most profitable players this is will be the prize money:

1st - $80
2nd - $60
3rd - $40
4th - $20
5th - $10

The competition will be open from 8th of September until the 8th of October and during this period you will be able to compare your performance with all the others who will join this competition. All you need to do is register on pokerstrategy using my link and send me a email with your registration nickname and that you wish to participate in this competition.

I will also join and I will start with my current bankroll of $49.75 that I have on Party Poker and I will post my own performance during this period of time. But of course I will not be eligible for the prizes.

Some rules need to be defined to make the competition equal to everyone:

1 - You will have to play no-limit Texas Holdem at the $0.05/$0.10 level.
2 - You should start with a bankroll of $50
3 - You need to be able to present your statistics for this specific competition using one of the many available tools - my suggestion is that you use the poker elephant developed by pokerstrategy.com (if you dont have this available yet you can download it here and use this software for free during 21 days which I guess will be more than enough to play the 10000 hands.). Another suggestion would be PokerTracker 3 where you could use their 60 day trial period.
4 - The starting date will be 8th of September 2008 and the last day for you to send me your statistics will be the 8th of October 2008. After that within 5 working days I will announce the winners. The 10000 hands need to be proven as played during this period of time.
5 - Profitability will be measured in US dollars. In case you play in other currencies the rate of exchange at the date of today will be used for calculation.
6 - You need to have registered on pokerstrategy.com using my referral link and confirmed your registration nick by email to tuktukbkk@gmail.com. This competition is, of course, open for all that have already register with me before. All you need to do is send me an email confirming that you would like to join. A minimum of 10 players will be required to join for this competition to be valid.
7 -The prizes will be paid using the inter account transfers in 1 of the following poker platforms - PokerStars, Full Tilt, Titan Poker, Mansion Poker, Party Poker (only for the prizes above $50 due to PartyPoker restriciton). Other platforms will be considered if required.

You will probably see me around for the next 6 days promoting my competition so if you can help me spreading the word around either by sending this post by email to all your friends who might want to join or/and leave a post/comment in 1 of your favourite forums or blogs.

Any questions please drop me an email to tuktukbkk@gmail.com

Good luck and let the games begin!

Wednesday, May 21, 2008

The race is on!

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After last week announcement of giving the full referral money - 100$ - back to the top 3 who manage to reach the 5000 points mark I could see some players have already started investing their time on playing and generating money and points at the poker tables. Here is the latest update of the top 10 promotion:




For those of you who are only starting now there is still a good chance of reaching the top 3 positions as you can see above. As 1 suggestion I would recommend that you start by playing your initial 50$ at lower limits tables (i.e. 0.05$/0,10$) and if you are able to play more than 1 table at a time, that will be definitely an advantage to get things moving. Build up your bankroll before jumping to the next level.

The payments continue and the last one was to my friend "tap103" who made 35 points:



Please consider the updated statistics where I would like to highlight the fact that although there are 135 registered friends only 65 manage to pass the quiz:



Again if you need help on the quiz drop me an email

Any ideas to help me promoting this new concept are welcome and of course appreciated if you could pass the word to your friends. Good luck at the tables!

 

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