Q&A #3: Managing a Bankroll at Small Stakes

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PeterL asks,

I have read your book on low limit holdem written with sklansky and play at 15c/30c limit tables at eurobet, I find to win I have to be a bit more passiove and loose than you suggest as the amount of people seeing each flop is large and they ...

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6 Responses to “Q&A #3: Managing a Bankroll at Small Stakes”

PeterL
@ Sun Oct 22, 2006 08:41:06 AM
1

Thank you for your response.

I studued my results in poker tracker and filtered on the starting hands you suggested.

The shocking result was that I would now have made 1,700 if I had stayed tighter.

I have ordered your dvd’s and am looking forward to watching them.

Can I ask if you think my bankroll management is Ok as I see this as the real secret of my succes as I don’t get emotionally attached to a hand when it is “on the come” as I cann see clearly that occasionally I lose and win it back and my bankroll can handle it.

would you move up to 25c with my bankroll?

Peter

PeterL
@ Sun Oct 22, 2006 08:47:29 AM
2

PS I just thought I would point out I have played poker for over a year with a tight aggresive style at NL and NL tournaments again small stakes and have hadd moderate succes such as $1600 win by coming 9th in a field of over a thousand.

I have read every book going and studied the web but find no limit has a high stanndard deviation.

I have moved to limit so as to smooth the curves,I have had bad periods and tilted a few times.

Thanks a lot for your advice I will implement it again\and keep you posted on the results.

PS I now have $1022 after a saturday night session.

Ed Miller
@ Mon Oct 23, 2006 03:08:26 AM
3

Hi Peter,

In general, your progression would be a fine way to manage a bankroll. But again, I wouldn’t focus so much on the money or results right now. Limit hold ‘em has a lot of variance also, just like no limit. It has huge ups and downs, and you can’t judge how you’re playing just by whether you’re on an up or a down right now. Just focus on putting in hands and then analyzing them.

Ed

PeterL
@ Mon Nov 06, 2006 09:52:17 AM
4

Hi Ed

Just thought I would keep you updated, I have reread SSHE and watched your videos, I also read your beggining texas holdem book (though it is really for begginers (the clus is in the title I guess)). I have reapplied aggression to my game preflop and tightened up, though I am still seeing a lot of flops in loose passive games, as I want to be in the hand against a lot of these people.

I have moved up to 25c/50c and have increased my bankroll to over 1500 now.

I am just posting this here as I want to thank you for your book and the difference it has made to my game.

I think it’s main strengths are in post flop play and that is why I ran so good early on even with the weak preflop play I was employing.

Again thanks for writing such a great book I will hopefully be at the dizzying heights of $3/$6 games one day but I will take it slow.

Hope you enjoy your honeymoon and look forward to more great books from you.

PeterL
@ Thu Dec 21, 2006 03:35:57 PM
5

Here is a link to my results so far, I think I must be playing well and not just running good thanks for all the advice, I will have plenty more questions for you as I progress.

http://microlimitpoker.blogspot.com/2006/12/poker-tracker-results.html

despair
@ Tue Feb 13, 2007 10:29:41 AM
6

you still dont get it do you peter :)

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