1/3 Grinding and Bankroll

1/3 Grinding and Bankroll

Hi all,

First post in this specific forum. Normally post in NL Strategy. Hoping for some feedback about bankroll management.

I started playing 4-5 times a week at MGM National Harbor in March after a few months off. Previously I had been playing at MD Live and lost most of what I had won (around $1,200). Anyway, I took $200 to the casino and tried my luck. No bankroll to start really.

I had a great March (+$3,000) but a terrible April (-$3,000) after trying 2/5 and losing $1k and a horrific 24-hour session where I dumped $1,800 in just cooler after cooler (set over set, AK into AA, nut flush v. boat, etc.). This month I'm up around $1,000 so far. Any tips about bankroll management that can keep me from losing it all again? Do you set some of your winnings aside for example?

I have a somewhat steady income outside of poker but my goal is to make poker a supplement to that income and not just a break-even hobby.

Appreciate the feedback.

Thanks,
DT

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07 May 2018 at 09:28 PM
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For real!

Woke up early in the AM to some planes overhead then got back to sleep. Felt sorta groggy today so I didn’t overdue the morning routine, just some push-ups a little rowing and the back roller. Hopefully no impact on my play not to get my full r&r. It was cloudy outside which is always a little downer on the start of my day. 5/5 is running but it doesn’t look that good so I will sit out unless it gets better later on.


Tough start losing top set fd blockers (k high fd) to nfd gutter, but then big rebound with a few AAs versus maniac, shipped it in at low SPRs in 4! pots because he kept 3! me last one 533r AA762, jammed 8 ott and A otr. Raaaaawr!!!!


At 5/5 won AKT42ds but lost AAJ22 to KK and was called for 20/40 mix right when I lost so left to enjoy myself a little before the game breaks. I can play plo again later. Happy I am winning like I was used to again.


A pro tourney player was playing plo with us tonight and he said he admired me…so nice! He speculated I did well grinding this game. Reminds me of when I started playing with pro x.

Mix going well not making mistakes so far.


I did well yesterday at the tables for table presence but tonight I got upset losing to colluder husband (he made me show when he had the nuts). Otherwise doing fine. I would say B- today only because of that interaction with husband.


Got a little extra sleep last night, needed it. Been grinding hard. Woke up after 8-9 hours but went back to bed for a few hours, felt good. Woke up to a beautiful peach, red, and lavender sunset too.

Enjoying vanilla lattes now, to be followed by some exercise and massage.


Really good pre session routine, lowered my caffeine intake by one latte from 3 to 2 just to try it out and see if it has any impact on my GI issues/heartburn. Not as alert as normal but it’s ok. The plo doesn’t look good tonight I will wait for 5/5 and play big o and watch the matrix reloaded.

Edit: mgm doesnÂ’t allow movies on their tvsÂ… :/


Running fine today, nothing too crazy though. Spotted Darren Elias playing the $1k here and we made eye contact at the big o table. Mainly chipping up here and there. My one less latte today is catching up with me and I’m starting to get a headache from the withdrawal. Going to grab an iced coffee to relieve it here soon.


Started running bad losing AAQJT in 3! pot at spr 2.5 to AKQJ6 on JJ6. Then lost with top set to a draw and even got an unintentional slowroll. At least I made $585 at 10/20 big o. Grinding on….

Just won Q9865 in 3! pot….


Ended up making some back at 5/5 for the last few hours, AKJT7ds against?? on KJ3hh (missed his flush draw) in 3! pot. Got 4! by someone doing a br challenge watching jnandez videos at the table visiting from Canada, I 3! with with meh aces and folded and was surprised to see he had AJT75!

I get an A for table presence. Got slowrolled in a pretty big pot and didn’t get upset. Called out toxic pro for running it twice with action player but once with everyone else, “I do the same with everyone, I think that’s fair.”

Going to have some family time today then play a shorter session later. Still haven’t checked monthly results but it’s so tempting to give me positive motivation as I know I am doing well.

Also have another student and been selling the book fairly regularly. All good things…!

Lattes, got some sun and music (wildflower, Billy eilish) a little exercise massage then family time. Old colleague got a new job in mental health division of public defender’s office, he’s trying to get me to apply. We have a call scheduled for later this week. It’s remote too. Would be advocating for people who have been hospitalized. Hits very close to home! Maybe my project 2025?


I caved and checked my results for this month only…I was disappointed to only be up $15,000. I think that’s a sign I’m doing something right…! 😀 And you know, it’s been a rough couple months. Good rebound. I sure have come a long way if I’m let down by these results.


Lost a big pot at a low med spr of 6 single raised pot with AA nfd oop went for the c/r and lost to top set. I would often bet or check call this hand but the V is capable pro who I had seen stab wider than most and I figured I was dominating him enough … and he only bet 1/2 pot and btn jammed for a little more…unfortunate to run into top of range. At least we weren’t drawing dead.

I looked at last three months and I basically broke even over that period.

At least someone just limp raised 95554 to $300 at my table…poker is alive.


Good sleep, woke up regretting losing that pot to the foreign pro, enjoying caramel lattes and music (warning sign, Coldplay), got the tail end of the sun before it set too.

Gonna exercise and massage then play. The games aren’t getting any easier. Also lost AJT73ds to iso by KT654 on A54cc my suit - was ahead pre and post by a lot that hand.

Not running amazing lately that’s for sure …!


Ran well at plo, played mix for a little but started losing and decided it was time to stop playing mix altogether and just focus on my bottom line again. Playing mix even a few hours a week really eats into my profit margins. It has been a fun change of pace but it’s not worth the impact on my winnings and especially when I’m not running well at plo it has really detrimental effects. I win a small fraction of what I win at plo there anyway. I’ve gotten much better but I’ve decided it’s not something I am going to pursue seriously anymore.


Lost AQJ95ds flopping flush to top set in 3! pot, lost KKQT8ds in 3! pot at spr 3 to JT774 on TT4dd my fd. Could have made an exploitative fold against this particular villain. Staying disciplined despite the runbad.


A for table presence the last couple sessions….no issues. Card dead now…yawn.


Ran poorly towards the end of my session, nut straight lost to multiple draws, went for c/r ott after flatting flop, set lost to draw, and AK763ds lost in 4! pot to J9874 on J52 both my bdfds at spr .5 (I had over 40% only needed 25%).

Anyway some good developments in coaching and book selling lately which is always nice. Also joined another study group. Good progress. And this guy who went to my law school and plays poker who I loaned some money finally paid me back! Lookin up, buttercup.

Lattes music and rowing and massage then grind.


Ran really well today for a change, played 10/10 too. Needed a good win for the confidence. Solid coaching session between sessions too. Looking forward to some well deserved rest. Got dinner with a new friend as well, super nice person.

Lost KKT87ds to AAKK at 10/10 for 11bb with the double straddle on ($50/$100$), oops. But then rebounded elsewhere. Bluff caught correctly with nut straight and top trips versus psb on river. Slowplayed and trapped and it payed off.


Also won 98763ds multi-way figured I could go low and it paid off as everyone was likely blocking themselves. Lost AA998ds to AK654 at low spr multi-way to start things off but then made a rebound thankfully. Won wrap nfd to bottom set too.

My car is out of the shop just need to pick it up, which is nice. Gonna row and massage then play plo.


Running well the day before Thanksgiving and I am thankful. AATT2ds 3! pot spr sub 1 x/c two jams 964r turn 6 river A. Beat 99. Also held with top set against two u known hands. Had a rough start with AJT84ds flopping wrap fd against stubborn top pair and double gutter and lost. Also lost but sttaight nfd sfd to middle set. All good though, waiting to order a grilled cheese and bacon before calling it a quits soon.

Llorton claimed I was creating fake reviews in my book thread which is a total riot, I ask people to post reviews and they donÂ’t all have established 2p2 accounts so there are a lot of new users posting. ItÂ’s unfortunate how in the poker world (and outside) all the scumbags and scammers out there make it harder for the honest people to do well.


Thanksgiving was really nice with family and friends. Got home for rowing and massage and playing now. Low key night here I like it this way. Not super busy and loud and crowded.

Happy Thanksgiving everyone! Hope your holidays are filled with good food and love. And some rungood!


Lost top two gutter two bdfd to top set and turned mid set to slowplayed top set, also lost second nut straight to nut sttaight with two straight blockers exposed preflop. Some quasi setup hands.

Left for hold ‘em where I got a double AKo and took it down pre with JJ to reduce the losses some.

Got invited to big game but the game started earlier than I was able to wake up so I had to decline unfortunately. I can often get a seat later in the day as well after something opens up, the organizers have taken a liking to me. Went to bed earlier expecting to be up for the big game but I couldn’t fall asleep. At least I woke up with the light still outside, it’s getting dark so early these days.


Running ok today, very calm and relaxed. Good coaching session, he wants to book more sessions. Feel like I am contributing by teaching.

MGM winter time:



Got to play at an action 1/2 table, got a quick double with AAKT9 in 4! pot, also somehow held with KKTT4 J65cc not my suit at low spr in 4! pot. Aggro 100% raise and 3! short stack was making the game more like 1/2/5/200, giving me some good opportunities to build some big pots with good hands. Lost A8754ds to K high disconnected garbage against another action player and a seat opened up at 10/10 which I took. Finally started running better at the flips to pay time and good timing too because they were $300 a dealer change last night. Won a couple of those and won a decent pot with KK on K8284 and called it a night as soon as I was too tired to play. Stayed up a little later than normal. Having a strong month finally!

A- for table presence. I cursed my luck to get scooped on two run outs with AA843cc on A53cc against the naked wheel but that was all. Jazz music with lattes now then rowing and massage and grind.


Played 10/10 ran bad AKK didn’t hold twice, KKT88 lost at very low BB to AA and A high rundown. Decided to quit and not get too buried at the end of a good month.

Someone advised me not to leave my bag on my chair because his was stolen. Now I keep it in my lap.

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