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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Got tired and took a rest in the morning and then played an afternoon session, ran pretty good and made another $1,100 or so. AAKT7ds held on QQ4 as did AA932ds on 732r, KK877ds held too on 742hh, my fd, all 4! pots. Woke up early, before the sunrise, on a weird shorter but more frequent sleep schedule the past day or two, hopefully will just turn into a regular pattern soon. Might be anxious about the election, had a dream I got into a car accident and injured someone with a preexisting leg injury (incidentally, got side swiped last night..super frustrating, and driver didn't have valid license or insurance it seems!).


Ran bad in all ins with AAJ95ss and 99887ds and lost nut straight K fd redraw to straight two pair straight redraw, he got there. Decided to grind 2/5 for a little as the plo got bad.


Ran better but then Ran top boat into quads and lost AT875ds to AA. Lost nut straight nut flush draw on turn to set plus bdnfd as well. Currently stuck $900 while sweating the election results on my phone (mgm not allowed to show election coverage on tvs).


Trump FTW


Woke up early, not a ton of sleep two nights in a row but I’m feeling ok anyway. Still trying to rework my inner clock. Got to the poker room and at least a gambler is playing, already lost a three way all in with AAQT2ss. Used my rowing machine had my lattes and now just waiting for the sunrise to take a walk and get some rays and focus on my health.

Edit: won another AA942, pretty crappy but called closing the action and flopped top set and held.


Game was no good after gambler quit so I left to try to get some more sleep, eventually got some. Enjoying another latte before heading out and hopefully finding a better game.

Last night lost AKQ98ds 3! pot 754dd my nfd flop, gambler had Q7dd and went runner runner QQ to scoop. Don't mind him winning, he called a c/r with the nfd no pair on A55 against me earlier drawing dead.


TheFranz, you should be ashamed of yourself. I hope you face at least some sort of ban. Personally, I think it should be permanent.


by DumbosTrunk k

Last night lost AKQ98ds 3! pot 754dd my nfd flop, gambler had Q7dd and went runner runner QQ to scoop. Don't mind him winning, he called a c/r with the nfd no pair on A55 against me earlier drawing dead.

That Q7 is pretty sick, but I know it happens all the time. Glad you didn't mind 😉 I might have. LOL.


Ran meh at 5/5, AA top set lost to flopped flush and KK top set lost to rivered flush. Then 4! jammed AKJ85ds as a bluff (or value?) against some potentially wide ranges and got it in against AKK and 9-high and somehow didn’t win any of the pot running it twice. Back at 1/2 now.

Got a late bday gift from a fun player, a new chip bag! he noticed mine was falling apart.very kind of him..


Woke up with the sun out, coaching session got postponed so I exercised a bit and hit the tables. Already lost KKQJTds on K85 to Q7655 and JJT55 on 985 to nfd and a straight.


Sorta running like ass today. L/rr AAQ98 gii spr 1 952 lost to Q9753. Top two nut open ender lost to mid pair backdoor wrap. At least I sold another book and the market is still going up. Hopefully the fed rate cut will be well received too.

Got a taste of rungood but sadly it hasn’t lasted this month so far.


Made a loose exploitative call with the nut flush on a paired board against a clueless aggro fish and he actually had a boat this time. Then lost nfd overpair gutter to worse pair worse draw and three pair plus open ender to a straight. Running bad and playing questionably. Not feeling great either ..a little under the weather.would be stuck today regardless but not quite as much if I made a couple disciplined folds.


by Javanewt k

TheFranz, you should be ashamed of yourself. I hope you face at least some sort of ban. Personally, I think it should be permanent.

You sound like a fascist.


Sorry about the run bad, Dumbo. You are allowed to take a day off and regroup! Hope you are feeling better, too.


by Javanewt k

Sorry about the run bad, Dumbo. You are allowed to take a day off and regroup! Hope you are feeling better, too.

Thanks. I am hanging in there. Gonna focus on the good things in life like vanilla lattes music and rowing and hand histories with friends and support from you all.

In a real bummer lost dsAA to two garbage hands that were blocking each other all in pre for $800 last night. Definitely felt robbed that one. It’s been an amazing poker year anyway, need to remind myself I’ve been blessed. Got extra sleep last night and woke up late to recover from this cold too. Taking care of myself.


Ran well today so far, top sets held to draws. Played mix very briefly until the game got terrible and left for plo again. The table chatter got political and the $100 double straddle was on and I didn’t feel like playing in those conditions. Back at 1/2 plo.


Kept running well, JJ held against AA nfd plus gutter on J73hh, AAKQJ beat 77665 and AJJ54ds beat K-high both all in pre against a gamboly player who I was happy to give action to. Sold two more books too. Not a bad day all things considered. Now if only I could fall asleep…!


Do you ever have any run-ins with that tiny HS player that does those weird dips on the stage rail? Really bad for his shoulders long term and creeps out everyone nearby, total lose, lose. The big PLO players in San Diego do push up contests that are well received by everyone in the room and could be a good alternative.


Got great rest and woke up late, but I needed it. Enjoying vanilla lattes and Froufrou music, gonna row and then hit the tables.

There's nothing wrong with getting a little exercise in between hands...lol, leave the guy alone.


Pretty low key, quiet night in the poker room, no huge pots today so far just chipping up here and there for a steady yet respectable hourly. Eerily quiet for a Saturday morning actually. I guess that will happen occasionally when you wake up after midnight!

Trying to just enjoy the relaxing and low stress nature of tonight’s grind. It’s not like this every night. A little break from some high variance and stressful sessions is a good thing.

Despite waking up late, felt very well rested and no headache from slowly changing sleep schedules. Something else to be grateful for.

And I’m winning this month again. Nothing crazy like the first half of the year but every win matters.

Now just to grab a nice sandwitch ….


IÂ’m extremely bored and card dead and I felt like writing about my life. Who knows if IÂ’m going to have kids so may as well document this train wreck somewhere.

I didnÂ’t realize during all of law school and studying for and taking the grueling New York bar that I was undiagnosed. I vaguely thought something was off with my brain (my common refrain was that I wanted something to wash my brain), but being no psychiatrist myself and not having any obvious outward symptoms I didnÂ’t seek professional help.

I remember having sleep issues and constantly needing to listen to music to sooth my nerves. I had a nice pair of ear buds I used all the time, I loved the song “half-life” by sneaker pimps. A little dreary tune but it was very much in line with my mental state. My sleep schedule was so bad back then even I got hardly any sleep the night before the bar exam, I was sorta a nervous wreck anyway. I even had the shts the day of and started the exam a few minutes late (but I still finished it early). I rushed back to start the test probably sweating. My desk mate in the exam room was concerned about me and asked if I was ok, someone I would probably never see again but her kindness in the moment was nice, the sort of support you give to someone you can relate to going through the same stressful moment in life.

During my summer legal internship in a swealteringly hot small town in Illinois where the big thing was class action litigation - the attorneys all parked lambos and Ferraris in the firm lot - I had a rediculous experience with my roommate who I was renting from. The AC was too low and I turned it up a little when I got home. He complained about this and said I needed to pay for the utilities. We’d signed a lease and he was supposed to pay them, which I told him. His response was to get on his knees and shout “suck my dk John! F u!” and whip out his penis and spin it around with his hand. (Yes, I vacated the place after that episode.) I think he was secretly a drug dealer but I never confirmed this. He just had a lot of plastic bags around the place is all I remember. The public defender’s office I was helping out at did a background check on him for me - ironic - but found nothing. At least I played a little poker there, paid for my half of dinner for my boss.

I’d been given high praise from my law professors. I always had problems with taking acclaim to heart though. A prominent federal trial court judge said my mock trial performers in which I feverishly transcribed the witnesses’ testimony and repeated it verbatim during closing argument was brilliant. My oral argument on the fourth amendment in trial advocacy got a “you’re a genius” comment from my professor. (This genius flunked chemistry, prof.)

My illness gave me energy - frenetic energy - that helped me achieve in school, I had an obsessive fixation on performance and constantly needed to be doing something. I got published in my law journal and went on to get published again, after I graduated, in a different journal. (I just felt like publishing another article in my spare time, donÂ’t ask me why.) My manic period helped me get into a prosecutorÂ’s office on a fellowship as well as the ACLU. By chance I was prosecuting cases in the same district I had my run in with the law years a few earlier, a point of pride for me to have come so far in such a short period.

In many ways I am sorta grateful for my disorder because my manic energy helped me perform phenomenally well when it mattered during law school and afterwards. (Now college was a different matterÂ…very depressiveÂ…not the best performance at allÂ…I could hardly get out of bed half the time my freshman year.) eventually all good things come to an end and so did my positive manic energy which eventually spiraled into paranoia and a total breakdown. And then the poker dream was bornÂ…in a way.

Well I just got KKJJ8ds in pre three ways and scooped Â…I think thatÂ’s a sign I can end this rant for now.


Won last night overnight into day session, resetting sleep again for the …? th time lately. Was getting tired game went south and it was time to go. Got to see the doggos today, gonna exercise a little and see what’s going on early Monday morning. My guess is not much judging by yesterday.

Got a PM about one of my book’s sims, we discovered in the process not all poker equity calculators are accurate. (The book’s sim was correct, mind you.) I recommend propokertools for desktop and pokercalc for phone app.


There is no seat open and I’ve been waiting a while so I figured I would write some more.

Playing in the live poker environment for so many years almost every day full time has taken a toll on me. I am not the same person I was a few years ago. I have seen and experienced a lot of unfortunate behavior and grown jaded and grumpy. Witnessing so much pervasive selfishness and antagonism gnaws away at your soul a little at a time. I have not become an unethical person myself thankfully, something I pride myself on, but I am certainly not as happy as I used to be. I asked my friend over ultimate Texas hold ‘em the other night how he copes (he’s probably going on 10+ years), we decided to just be a good example.

The other night a crotchety reg no one likes made a stink and started cursing me out because I jammed and a few people called and then another person re-potted. Table was trying to figure out what the total was and to me eye balling his stack it appeared like he was all in, which I said. This misreg accused me of being shady for not asking for an exact count and claimed I wanted to induce the other players to fold. (Turns out my estimate was off by $60 and he was not quite all in - he raised to $1,050.) I lost it on him and put him in his place, “name two times I’ve done something shady!” “I’m waiting…” He couldn’t mention even one. I asked the whole table if anyone agreed with him, and only one person said that he agreed - with me. Meanwhile this guy skips the line all the time and just sits down wherever he wants and instantly hits and runs every game he plays. He also has a terrible temper including this time when he started yelling and cursing at me over this minor issue. (And he wasn’t even involved in the hand.)

It’s sad that people who are good are accused of being unethical, it comes with the territory of playing poker I guess. Worst part is he also thought the colluding couple should not play together at the same table so for him to come at me like this was totally off base.

After quitting the law I feel like I’ve lost some of my dignity. It’s hard to be respected as a pro poker player, even though we’re not all totally bad people despite playing a selfish and predatory game where the goal is to take other people’s money from them for our own personal gain. Maintaining your integrity is easier when you’re a winning player at least, I’ve never resorted to cheating or other angles or clearly unethical behavior to win.

If you play, don’t let the game warp you into a version of yourself you hate. The game can change you if you let it, just as anything else in life can. Remain good.

My seat just opened up.


I think the key is not letting what other people think bother you. I had a lightbulb moment when I was in my late 20s. A coworker just never seemed to like me. Our Comms department was small -- six of us -- and she just didn't get me and didn't seem to like me. It really bothered me. I did everything I could to get her to like me, and then one day I realized I didn't care. As long as I liked who I was and as long as I was a good person, it didn't matter what anyone else thought. That has suck with me for ~30 years. Of course, I want everyone to like me, but I no longer care if they don't and I don't waste my time trying to change their opinion.

I think poker is like anything in life -- you are honest and ethical or you're not. I'm not a pro, so I don't know how playing every day affects you, but I can't imagine someone who is "good" would become a cheater just because it's poker.

Just know who you are, like yourself, try to change the little things you don't like (if it's worth it), and don't worry about what anyone else thinks. They are probably sad or miserable in their own lives if they have to be mean or cheat, etc., so just feel sorry for them.

I honestly think we sculpt our own lives, happiness, "luck," by being the best we can be. You really have to focus, think good thoughts, have a positive attitude, let things go, figure out why you are in a bad mood and fix it, etc. -- it takes a little work, but it's so worth it. It seems as if you are there -- just stay there!


Well said!

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