Building Up Bankroll Online Poker
| @PokerStars | In Team PokerStars Online
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The best way to build a poker bankroll with $20 is to play very low stakes games and take advantage of freerolls as well. You will need to play extremely tight and risk averse when you have such a small bankroll. Try to grow your $20 bankroll to about $100 and then move up to the next stake. This is a discussion on Trying to build up a bankroll with $10 roll within the online poker forums, in the Learning Poker section; Seriously how would you go about building up a bankroll with this. 6 December 13th, 2009, 5:36 AM Maid Marian 11,669 Online Poker at. 5 Ways to Quickly Climb the Stakes Paul Wasicka on Building and Maintaining a Bankroll Poker Pro Tips The Great Grind — A Micro and Low Stakes Poker Blog $0 to $1,000 — A guide to building a bankroll with zero Five tips for low stakes MTT players for building a bankroll.
Unlike many other players who turn pro after a big tournament score, my poker career started with $10 on micro-stakes. It has been a long grind to where I am today, so I am very familiar with how poker players with modest bankrolls trying to move up stakes feel. Naturally when I decided to LiveStream, I thought that showing others how I did this would be the way to go. So I decided to walk this path once again.
Of course, I am not the player I was eight years ago, and it showed. Despite the games being a little tougher than they were in my early days, there is still a lot of people making a lot of big mistakes, and I breezed through the stakes to my $1,000 goal. I don’t say this to brag but to demonstrate my initial objective: to show people that it isn’t very difficult. I used a seven-buy-in bankroll management method (to move up or down). I didn’t make any fancy plays (except for when I was trying to specifically teach a concept to the stream). I played a bit less than 10,000 hands of solid and basic poker, and that was all it took.
So, to anyone who is stuck in micro-stakes or simply wants to do this, I strongly recommend you watch all the 32 episodes in my YouTube channel. Watch one before your session for motivation or binge watch them, whatever your style is.
If you cant be bothered to watch hours of videos, then here is some pragmatic advice that I can give you after experiencing this grind again:
I completed this challenge this quickly because I know more poker than the opponents I faced. So your only goal is to learn more poker. It isn’t growing your bankroll, moving up stakes, or anything else. It is simply to get better at this game.
Your bankroll is a tool to learn the game. Don’t see it as money or goal or as any kind of metric. Lose any emotional attachment to it.
Despite what you read elsewhere do not use a conservative bankroll management (using 50 buy-in rule for micro-stakes is a huge mistake). The lower you play, the less you will learn. Moving up is essential for the learning process, but don’t overdo it. If you lose your bankroll, you can’t learn any more. So, I’d suggest something like 15 buy-ins to move up or down, and obey it religiously.
There isn’t a big gap between skill level of stakes. Each stake higher is slightly more difficult than the previous one, don’t be afraid, get frustrated, or be superstitious about a stake you have ‘bounced’ back from a few times.
When you are forced to move down in stakes don’t feel bad about it. Again, your goal is to learn and only learn. It might help with these kind of distractions to use software to see the tables in big blinds and not money. That way, all the stakes will be the same.
I know, easier said than done.
So, get to work and see you at the tables!
Jorge ‘Baalim’ Limón is a member of Team PokerStars Pro Online
Twitch: http://www.twitch.tv/baalshin
Twitter: http://twitter.com/Baalshin
Youtube: http://www.youtube.com/Baalshin
Facebook: http://www.facebook.com/BaalimTeamOnlinePS
Giovanni AngioniAntonio Martín
There is not going to be a new book nor any coaching role in Team PokerStars ProBertrand ‘ElkY’ Grospellier’s near future. While Eureka Poker Tour was busy enjoying its record-breaking field of 1,432 players, ElkY took over the PokerStars Twitter account and joined his fans for a Q&A session about both his personal and poker life.
With countless titles won, over $10 million in live tournament earnings, a well-known love for prop bets, and a personality that made him become one of poker’s most recognized players, ElkY sat at the computer for an hour and tried to respond to as many followers as he could, giving away precious poker strategy tips and bits of his personal life — all in 140 characters or less.
Besides denying plans to write a sequel of his first tournament strategy book, The Raiser’s Edge, and explaining the importance of meditation and discipline to build a solid, successful poker career, Grospellier expressed some interesting thoughts about heads-up displays (HUDs) and ways for players to improve their game.
PokerNews Spain’sAntonio Martín went through all the tweets that were sent to Grospellier using the special #AskElkY hashtag to offer you a selection of the most interesting ones.
What is your best advice for an aspiring poker pro? — @Kappie_WP
Grospellier: If you want to become pro, make sure you are IN LOVE with the game of poker! Then everything will fit together!
How long and how many deposits did it take you after your first one to make a decent and stable bankroll? — @Kappie_WP
It took me about three months and a few deposits, but I was definitely not disciplined enough at the time.
What would you say was the biggest influencing factor in becoming disciplined or maintaining a certain level of discipline? — @Kappie_WP
At first it was purely a hobby and then poker became my life, so being disciplined was a main requirement!
What kind of bankroll do you need to start playing live poker for a year or as a job? — @Glennvdp
It all depends how much you need to earn for your lifestyle. You just need not to have financial pressure to be a pro.
Is it really necessary to read books to become a poker pro? If so, which one do you prefer? — @BuismanBerry
It is probably not necessary, but I think it can always help. I love the trilogy Kill Phil, Kill Everyone, Raiser’s Edge.
Are you planning on writing a new book? Do you have any plans on making coaching videos? — @OrejanoX
None of those is a project now, as it’s too time consuming and I need to focus on my second EPT title win.
How can you improve yourself as poker player? I guess there is always something you can improve even if you are pro. — @Sami_Tuomaala
Of course you can always improve! Try to think outside the box and improve some non-technical skills as well.
Who are you learning from these days? — @jaworek1405
I try to learn from everyone I discuss poker with, which are mostly my Team PokerStars Pro teammates.
What is the secret behind your continuous deep runs? Do you have any advice for beginners? — javorek1405
There’s no secret: just focus, preparation, hard work and determination. A little bit of luck might help as well.
What is your favorite thing to do to prepare for a long live or online grind? — @Phrumpleton
Nowadays I love meditation before a long session, but most important is being well rested.
Do you ever tilt? And have you ever tilted away a lot of money? — @Ante_Eater
I used to tilt, for sure. Nowadays I don’t, but I would be lying to myself if I think I never get frustrated.
What do you think is the difference that stopped you from tilting? — @Ante_Eater
Experience really helps. Take your time for decisions, and focus on being the best you can, all the time.
Live Poker Bankroll Management
How do you refresh your mind after a heavy session of poker to wind down? — @javorek1405
I find that meditation can be very helpful, but otherwise anything you enjoy: Games, TV shows, whatever!
How do you handle being on a losing streak? — @EitBx
It can be really hard for sure, that’s why playing online in between to get a winning session and confidence back is good.
SNGs, MTTs or ring games: which one do you prefer and why? — @Kappie_WP
I love MTTs because it feels more like a competition, and the feeling when you win is incomparable. All are fun, though.
What would you choose between winning your second EPT Main Event or the Grand Slam (WCOOP, SCOOP, TCOOP & Sunday Million)? — @1Ceman85
If the Grand Slam is WCOOP and SCOOP Main Events, then it’s close. Otherwise, I would go for the second EPT for sure!
If you could play only one offline poker series for the rest of your life, which one would it be? — @OtisOgle
The European Poker Tour!
Poker Bankroll Requirements
Which pro would you never want to see sitting to your left? — @Proudy66
I really don’t care very much, because if they outplay me that’s an opportunity to improve my game.
There is a lot of talk again about HUDs online and if they should be banned for offering an unfair advantage. What do you think about that? — @LostInPoker
I don’t think it’s unfair as anyone can learn how to use them. But if most players want them banned, then it’s OK.
Where do you see yourself in 10 years, poker-wise? — @Pradlanic
I was never one to plan in such a long term. Hopefully, still on top of the game, but we never know what life is going to bring.
Who dies your hair? — @Tim_Dwayne
I have my favorite hair salon in Paris, L’atelier de Donato.
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