slapdash Posted November 26, 2009 Share Posted November 26, 2009 Re: Virgin Poker: £5 to £1000 (£21.74 on Day 9) I havent thought about bankroll management really yet - hasn't been an issue - I just play the smallest tables :tongue2 In looking to move up (using the 5% cash/STT and 2% MTT rules) I need the following approximate bankrolls to buy into higher value games: STTs €1+10c always allowed €2+20c needs €44 (£40) €3+30c needs €66 (£60) €5+50c needs €110 (£99) €10+€1 needs €220 (£198) €15+€1.50 needs €330 (£297) €20+€2 needs €440 (£396) Are all the STTs you're playing Coolers? Probably you could risk a slightly smaller bankroll for those, as the variance is smaller than a standard STT, depending on whether your EV is also smaller. Quote Link to comment Share on other sites More sharing options...
GaF Posted November 26, 2009 Author Share Posted November 26, 2009 Re: Virgin Poker: £5 to £1000 (£21.74 on Day 9) Yes I'm only playing Cooler STTs. I'm confident that my EV is higher in them than in standard STTs. At €1 they are turbos - which will increase variance a bit. What do you think a reasonable bankroll strategy would be for these? Half? (i.e. never buy in for more than 10% of bankroll) Quote Link to comment Share on other sites More sharing options...
GaF Posted November 26, 2009 Author Share Posted November 26, 2009 Re: Virgin Poker: £5 to £1000 (£17.90 on Day 9) Qualified for the VRoll tomorrow (last chance to get into this sundays final) Gave my full stack away on the first hand :$ Quote Link to comment Share on other sites More sharing options...
GaF Posted November 26, 2009 Author Share Posted November 26, 2009 Re: Virgin Poker: £5 to £1000 (£17.90 on Day 9) Gave my full stack away on the first hand :$ But 3 out of 3 in the coolers :) Quote Link to comment Share on other sites More sharing options...
slapdash Posted November 26, 2009 Share Posted November 26, 2009 Re: Virgin Poker: £5 to £1000 (£21.74 on Day 9) Yes I'm only playing Cooler STTs. I'm confident that my EV is higher in them than in standard STTs. At €1 they are turbos - which will increase variance a bit. The fact that they are turbos might lower EV per game, but I don't see why it should have much effect on your variance. What do you think a reasonable bankroll strategy would be for these? Half? (i.e. never buy in for more than 10% of bankroll) Something like that, maybe, though obviously it depends on your win rate. Quote Link to comment Share on other sites More sharing options...
slapdash Posted November 27, 2009 Share Posted November 27, 2009 Re: Virgin Poker: £5 to £1000 (£24.48 on Day 10) The following is making some dubious assumptions: you never drop down in stake, and all results are completely independent (you don't have spells of playing better or worse than your average). But it may help quantify the difference between coolers and standard 10-seater STTs with 5/3/2 payout. Suppose in both cases your ROI is +10%, and that in the case of the standard STTs that's made up of equal numbers of 1st/2nd/3rd places. In order to have less than a 10% chance of going broke playing at $1.10: For coolers, you need at least a bank of around $10.30. For the standard STTs you need around $31.20. Quote Link to comment Share on other sites More sharing options...
GaF Posted November 27, 2009 Author Share Posted November 27, 2009 Re: Virgin Poker: £5 to £1000 (£24.48 on Day 10) Wow that's a huge difference in Bankroll requirements :loon Cheers slap (I'm just going to adjsut Post 30 with some new bankroll numbers...) Quote Link to comment Share on other sites More sharing options...
GaF Posted November 27, 2009 Author Share Posted November 27, 2009 Re: Virgin Poker: £5 to £1000 (£24.48 on Day 10) So I can now play €☻2 coolers if I wish :) Quote Link to comment Share on other sites More sharing options...
slapdash Posted November 27, 2009 Share Posted November 27, 2009 Re: Virgin Poker: £5 to £1000 (£24.48 on Day 10) Now you're going to go broke, aren't you? And it's all going to be my fault. :sad Quote Link to comment Share on other sites More sharing options...
GaF Posted November 27, 2009 Author Share Posted November 27, 2009 Re: Virgin Poker: £5 to £1000 (£24.48 on Day 10) Now you're going to go broke' date=' aren't you?[/quote'] Nope - the scratchcards will always keep me solvent :tongue2 Quote Link to comment Share on other sites More sharing options...
slapdash Posted November 27, 2009 Share Posted November 27, 2009 Re: Virgin Poker: £5 to £1000 (£24.48 on Day 10) How could I have forgotten the scratchcards? :wall Quote Link to comment Share on other sites More sharing options...
glceud Posted November 29, 2009 Share Posted November 29, 2009 Re: Virgin Poker: £5 to £1000 (£24.48 on Day 10) Sorry GaF much as I love u but should you not have a bingo staking plan so as to offset the cash you are relieving the bingo players of. On the other handf if you are that hard up I'll bung you a few quid. Quote Link to comment Share on other sites More sharing options...
GaF Posted November 29, 2009 Author Share Posted November 29, 2009 Re: Virgin Poker: £5 to £1000 (£25.08 on Day 12) I have £25.08 at the moment (and hopefully another £5 to follow soon having completed the survey). Going to play some €2 Coolers now.... Quote Link to comment Share on other sites More sharing options...
GaF Posted December 1, 2009 Author Share Posted December 1, 2009 Re: Virgin Poker: £5 to £1000 (£25.37 on Day 15) Havent played for the last couple of days .... just about to chase the raked hands for tonights vroll.... Quote Link to comment Share on other sites More sharing options...
GaF Posted December 1, 2009 Author Share Posted December 1, 2009 Re: Virgin Poker: £5 to £1000 (£35.59 on Day 15) No good in the VRoll, but did ok in €2 Coolers at the same time and cashed in my VPoints which included 500 (£5) for completing the survey for a nice boost :) Quote Link to comment Share on other sites More sharing options...
GaF Posted December 1, 2009 Author Share Posted December 1, 2009 Re: Virgin Poker: £5 to £1000 (£35.59 on Day 15) According to PokerTracker - my total play time in tourneys has been 9.68 hours - my cash table time has been 2.85 hours - so that's about 12.5 hours - about £2.50 an hour - sure nowhere near a wage, but pretty respectable IMO from virtually nothing :) Quote Link to comment Share on other sites More sharing options...
GaF Posted December 2, 2009 Author Share Posted December 2, 2009 Re: Virgin Poker: £5 to £1000 (£47.44 on Day 16) Not a bad set of results this evening :) Means that I'm now bankrolled for €3 Coolers, and almost €5 coolers...... Quote Link to comment Share on other sites More sharing options...
voiceofjoe Posted December 3, 2009 Share Posted December 3, 2009 Re: Virgin Poker: £5 to £1000 (£47.44 on Day 16) :ok Not bad GaF - I'm currently on £61.80 from the initial £5 - almost wholly from 2 Cashes in Vrolls (£25 per Time). The rest from profit earning the Vroll Hands - aren't you just tempted to try a less disciplined Bankroll approach and offset the Risk of Ruin against the Risk of Losing Interest through grinding €2 Coolers ?? (I just can't get my head around grinding the €2 Coolers) Quote Link to comment Share on other sites More sharing options...
GaF Posted December 3, 2009 Author Share Posted December 3, 2009 Re: Virgin Poker: £5 to £1000 (£47.44 on Day 16) They're turbos, so dont take long - I've only played about a dozen of them, and I've cleared them into €3 games already and pretty close to €5 - I dont really think of it as much of a grind - I think it would be a far bigger grind if I fell back to a euro or something and had to build up again from there.... I'm unlikely to let the challenge beat me - it's more likely a question of time - so I feel a strict bankroll strategy is the best way to minimise the time it takes.... And nice going :ok Quote Link to comment Share on other sites More sharing options...
slapdash Posted December 3, 2009 Share Posted December 3, 2009 Re: Virgin Poker: £5 to £1000 (£47.44 on Day 16) Not a bad set of results this evening :) Means that I'm now bankrolled for €3 Coolers, and almost €5 coolers...... Well done. Do I get a percentage? :tongue2 Quote Link to comment Share on other sites More sharing options...
GaF Posted December 3, 2009 Author Share Posted December 3, 2009 Re: Virgin Poker: £5 to £1000 (£47.44 on Day 16) Well done. Do I get a percentage? :tongue2 Sure - 0% on its way over :tongue2 Quote Link to comment Share on other sites More sharing options...
GaF Posted December 3, 2009 Author Share Posted December 3, 2009 Re: Virgin Poker: £5 to £1000 (£47.44 on Day 16) Ah .... decision deceisions - at €3 I now have the option of "Cooler", "Quick Cooler" and "Turbo Cooler" - I feel my ev would be highest in the "Cooler" .... but my ev/hour - not a clue :unsure Anyone who subscribes to sharkscope able to delve into my previous results and offer any advice? Quote Link to comment Share on other sites More sharing options...
GaF Posted December 3, 2009 Author Share Posted December 3, 2009 Re: Virgin Poker: £5 to £1000 (£47.44 on Day 16) Decision made for me in the end - only the "Cooler" had any real liquidity.... Not a good start though - lost 4 out of 5 :sad Going well in the VRoll though :hope Quote Link to comment Share on other sites More sharing options...
GaF Posted December 5, 2009 Author Share Posted December 5, 2009 Re: Virgin Poker: £5 to £1000 (£25.04 on Day 19) Disaster :( Quote Link to comment Share on other sites More sharing options...
Woodie Posted December 5, 2009 Share Posted December 5, 2009 Re: Virgin Poker: £5 to £1000 (£25.04 on Day 19) What happened? still first time I checked in here since you first posted 0 to 25 in 19 days is still pretty good imo. GL Quote Link to comment Share on other sites More sharing options...
voiceofjoe Posted December 5, 2009 Share Posted December 5, 2009 Re: Virgin Poker: £5 to £1000 (£25.04 on Day 19) Disaster :( :unsure Quote Link to comment Share on other sites More sharing options...
GaF Posted December 6, 2009 Author Share Posted December 6, 2009 Re: Virgin Poker: £5 to £1000 (£25.04 on Day 19) What happened? :unsure Nothing specific - just lost a lot of games :lol :lol :lol Quote Link to comment Share on other sites More sharing options...
slapdash Posted December 6, 2009 Share Posted December 6, 2009 Re: Virgin Poker: £5 to £1000 (£25.04 on Day 19) Nothing specific - just lost a lot of games :lol :lol :lol You had us worried! :spank I thought you might have got addicted to the scratchcards and blown your whole bankroll. :cry Sorry, I shouldn't tease. :$ If you're being aggressive enough with your bankroll to almost multiply it by ten in 16 days, then you're bound to have occasional big percentage losing runs. You still have over five times your initial bankroll, and I'm sure you'll be back to 10x before long. :ok Quote Link to comment Share on other sites More sharing options...
slapdash Posted December 6, 2009 Share Posted December 6, 2009 Re: Virgin Poker: £5 to £1000 (£25.04 on Day 19) I thought you might have got addicted to the scratchcards and blown your whole bankroll. :cry Guess what? I won 50p! :nana Quote Link to comment Share on other sites More sharing options...
GaF Posted December 6, 2009 Author Share Posted December 6, 2009 Re: Virgin Poker: £5 to £1000 (£25.04 on Day 19) Guess what? I won 50p! :nana Bastid - I only seem to ever get 10p! :tongue2 Quote Link to comment Share on other sites More sharing options...
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