Wednesday, July 12, 2006

Poker: Bankroll strategy - part 3

After my last post, I managed to win about $35 on cash game, which gave me enough bankroll to play a round of 6 seater $55

I thought this would be a tale of woe and lamenting how you shouldn't go above your comfort levels, but it turned out OK as you will shortly see

The last round I have been playing $50 (+5) 6 seater tournaments with the following results
Game 1 : 15 mins : 5th (-$55)
Game 2 : 25 mins : 5th (-$55)
Game 3 : 15 mins : 5th (-$55)
Game 4 : 35 mins : 4th (-$55)
Game 5 : 40 mins : 2nd (+$65)
Game 6 : 55 mins : 1st (+$125)
  • Played 6 games of 6 seater $50+5 STT
  • Time spent 3 hours 5 mins
  • Won cash in 2 games
  • Lost 4 games
  • Layed out $330
  • Winnings $300
  • Loss of $30 (loss of $9.73 per hour)

This shows the importance of having a strategy and not being afraid to lose, as it would have been easy to cut my losses after 4 games :-)

I need to win another $15 before I can play another round at $50, so may play cash games again for a while... otherwise will go back to the $33 level


The games at this level are about the same as $11 upwards in terms of style of play and risks being taken by the players.... summary below in case you're interested
  1. Game 1 - very loose game, lots of raises pre-flop and after. 1 player out on level 1. I blew out in level 2 with KJh against 77
  2. Game 2 - steady game, especially me ! although we lost 1 player in level 1 again. Played too cautiously and was low chip count by level 3. Tried to make a move with A3 on a low flop, but got busted by K9
  3. Game 3 - loose game from level 1, 1 player out ! Played pocket 8's to showdown and lost big pot to ATh (hit flush on turn) Got busted in level 2 when my JTh didn't hit and opponents 98 hit a flush on the river
  4. Game 4 - first two hands got dealt monsters so was raising and only winning the blinds. 1 very agressive player so played very steady. Didn't loose player until level 3. My cautious play saw me low stacked by level 4, so stuck it in with K4s which lost to a QT
  5. Game 5 - steady game, I was one of the aggressive players ! Level 2 got dealt AK and when A came on flop my opponent went all in... called and he had AT, and I took big pot. Droppde lots of chips in level 4 as play got more aggressive, but down to 3 players. Level 5 we're down to 2 players. After some tooing and frooing, my A5s got beaten by K5
  6. Game 6 - another steady game, well after the first level when 2 players got taken out! My chips stack went up and down, but seemed to average about 3000 all game ! Level 4, 5 and 6 we played with 3 players and the chips went round the table (we all played tight agressive, very tense). I took out the third player and took 2:1 chip advantage to level 7... have to go all in most hands now, but luckily got good run of cards and ended up with my KK taking out the 2nd place player - phewwww !!
Thats it for now.... off to the Casino tommorow night, so hopefully will remember enough to write it up

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