Hey! I just joined BTP not too long ago and I really like the helpful atmosphere here. I've only made one post before today and was overwhelmed with the response and inciteful answers I got back from other members. Unfortunately, my skill level is such that I'm uncomfortable "offering" poker advice of my own on specific hands (though I thoroughly enjoy reading others; I'm usually lurking around the no limit holdem forum), so I was looking for another way to contribute a little something to the site without making a total jackass out of myself; so I found this forum that will possibly let me make a total jackass out of myself in a whole new way.
This first entry will be pretty long as I wanted to tell you a little about how I got started in poker and my ups and downs along the way to where I'm at now. After that it'll probably turn into the standard "how I did today" sort of thing with possibly weekly recaps on the weekends. I'm writing this not only for my own benifit (I feel that keeping a journal may keep me on a more even keel; it won't let me get too high when things are going great and will help me not get down too much on myself when things aren't), but also because, as I mentioned above, I want to contribute something to the site, so if someone who is in a similar place that I am in his poker "career" maybe reading about my successess and failures could help him or her out in his or her game. As my subject suggests, I'll be tracking my progress up to (hopefully) the $100 tables and possibly beyond.
I got interested in poker a few years ago...probably when many people got interested: the Chris Moneymaker year. I'd played poker before but never holdem. It was always those home games where aces, dueces and one-eyed jacks were wild and the games seemed to get progressively weirder as time went on. I was never very good. I liked to play and have fun (which I did) and almost always invariably went home with my pockets empty; the upside is that it got me invited back to a lot of games. *L* Then I saw the world series on ESPN that year and the almost clean aspect of the game of holdem really appealed to me; in fact, like a lot of people just starting out, it almost looked easy. I did a bit of net searching for tips on playing, even though I'd still never played the game before.
So when I'd heard that our local legion was having small tournaments every Friday (usually around 20-30 people), I decided to give it a shot. I soon found out that the conditions for the tournament was hardly ideal. The buy-in was $25 and for that you got a measly $100 in chips. The big blinds started at $5/10, so you can see how unfortunate you were if you happened to be placed in the big blind at the start of the game. Of course I think they did this to encourage rebuys. You could rebuy any time within the first hour for $25 and get $100 in chips again; at the end of the hour there was an add-on where $25 gets you $200 in chips.
Of course I was blissfully unaware what a weird setup this was when I played that first time. Hell, I had to have someone explain in detail what in the world blinds were and how you played them. I did know, even then, that most of the players didn't even know as much as I did about holdem and many were almost fall down drunk. The problem, of course, was that the deepest pockets had the advantage. I brought $25 to that tournament and it was either get very lucky, or go home early. Well I did get very lucky; I finished 2nd in that tournament (which ended when the table got down to 3 people; then the size of the final 3's chip stack determined the finishing place). I brought home over $450 and was hooked on holdem! As I said, though, I never did really get hooked on that certain tournament though. I played it because it was the only one in town and I hadn't even considered playing online at the time. After many times of spending the $25 and leaving within the first 10 minutes of play I stopped going altogether. If you didn't have $150 for rebuys and the balls to call someone's all-in over and over again within the first hour, you weren't going to have much of a chance and I never did get lucky again like that first night. So soon I stopped going altogether since I didn't have the money to spend any more than the original $25 each week.
Before long though, I was visiting my parents and my brother showed up. He owed me 5 bucks and said, well, he didn't have any cash, but he just signed up for an online poker site and if I wanted to play a $5 sit-n-go tournament at his expense we could call it even. Even now I'm not so sure, even if I'd won that sit-n-go, that he would've given me the winnings or even the $5 back. *L* I lost in spectacular fashion though, but I was hooked on online poker. I went home that day and downloaded the software he used since I liked its setup: it was Ultimate Bet.
I deposited $40 and started sit-n-going like crazy. I was mainly playing the $1 tables but would jump up to the $5 if I was feeling particularly invulnerable. I honestly didn't do too bad at the beginning. I managed to make that $40 last quite awhile. It turned out to be the same story for maybe my next 5 deposits of $40. I'd do okay for awhile, maybe not winning, but not losing much either, and then I'd get it into my head to try the $10 or even $20 tables and got the sense (and the money) knocked out of me.
Finally I made a "final" deposit of $40. I started looking around the program a little more and discovered that they actually played cash games in holdem; I'd never knew that before. I made a vow to use that $40 for cash games only and not play any more sit-n-go's. And if I lost that $40 I was going to wait a minimum of 4 months before depositing any more money; I felt I was spending too much on poker when I didn't have that much to throw around. Even so, I avoided the $2 tables altogether. I'd never played them but I just couldn't imagine them being much different from the play tables (which I'd played on one day until getting extremely bored with nothing to risk); I'm probably wrong about that, but at the time I felt like I had to play at a level where it was worth playing. So I started out on the $10 tables, but I usually only bought in for half the maximum. I really liked these a lot better than the sit-n-gos because I soon discovered that you could sit around all day, waiting for just the right opportunity, and nail somebody for all their chips (or at least the portion that I had). I would play extremely weak-tight (though, of course, I had no idea there was a name for this type of play back then). Often I'd even read a book so I wasn't bored between all the folds I was making. *L* I was laying down things like bottom two pair even if I was 90% sure I had the best hand; that other 10% made me lay them down.
It turned out to be a decent strategy. I was winning a little at a time, very rarely having any big losses. Of course after awhile I felt I had this holdem thing down cold and when I got to $200 I felt I must move up and allow the $25 tablers to hand over their money to me. So now I've lost back $150 and playing, once again, at the $10 tables, just the slightest bit humbled.
I went through the ritual again. I built it up, this time to about $250, and decided to try the $25 tables, but this time I made a rule that if I even lose down to $200 I was going to go back down to the $10 tables immediately. I can't even begin to tell you how many times I was back and forth between those levels. Perserverance finally paid off though and I found myself winning a bit more and losing a bit less at the $25 tables so that I didn't have to go back down to the $10 level again.
So I still haven't learned my lesson yet, and now I'm jumping up to the $50 tables every so often (even played at the $100 in one, scary-filled afternoon). I'd win at the $25, get my bankroll up a bit to maybe $400 and then do something stupid at the $50 tables and get nailed back down to reality. One time in particular comes to mind. I was doing well at the $50 tables (up about $50) and in the space of two hands I busted out. I can't remember exactly what hands they were anymore but I think one of them was losing with two pair to a set and the other was losing a straight to a flush. So this was the case until last autumn, when financial restraints forced me to withdrawal every single penny out of my UB account. I was devestated that I had to do that, but also sort of proud that if I hadn't won money at poker I wouldn't've even had had that money to fall back on).
So I'm not playing poker for like 5 months. I get my financial situation back on track during that time, enough so that I ordered a few books about holdem and more importantly found a wonderful webite for the beginning player:
www.learn-texas-holdem.com (hope it's okay to put this here; I have no affiliation but I feel I need to give credit where credit is due). These things helped me see holdem in a whole new way. New concepts to me like trouble hands came into light, or calling raises with small pairs to hopefully hit a set (I was usually throwing them away because I figured I was "beat") and even the concept of being aggressive rather than passive was the way to go (I was usually very aggressive only when I had a huge hand, postflop, not preflop).
So around the end of January of this year I get my tax refund back. I really had no plans for it so I decide that it's a perfect opportunity to get back online and start playing again. I deposited $500. I started immediately at the $50 tables. Even then I had an idea that I was playing over my bankroll, especially at a level where I haven't established myself as a consistent winner, but at the time my thought process was that if I lost it all, no big deal. I'd considered it found money of sorts, and if I lost it I could just redeposit $50 and start all over again from scratch at the lower levels. The first couple weeks of February was going okay, but not great. The lowest my bankroll got down to was $475, but it rarely got over the $550 mark. About halfway through the month I decided to invest $50 on PokerTracker. Since then I think it's conservative to say that it's paid for itself about ten times over, even if it's mostly in avoiding big losses. One situation comes to mind when I had JJ and called a preflop raise in late position. My PokerTracker said the guy who raised hardly ever raised, so I knew going in that he must have a big PP and I had to hit my set. When the flop came all low rags and he threw out a pot sized bet, I immediately folded, showing my cards, hoping he'd show his. He did and showed AA. That is a situation where, if I didn't have PokerTracker, I'd very likely have lost a bundle to the guy.
I hit a bad few days where I couldn't catch a hand postflop. Honestly, I would have AA and two kings would show up on the flop. I went through 36 chances with a pocket pair and got exactly zero sets in that period. I wasn't losing big pots but I was losing pots at a very steady rate. Ironically I decided to play sit-n-gos for a break. I found out I'm much better at them than I was a couple years ago. I played 12 of them in about a week's time (10 seated) and finished in the top two 9 times. Either confidence from that, or just my luck finally turning around, I went back to the cash games and started winning a little bit again.
So throughout February I did okay but not spectacular. I won a little over $100 by the end of the month. My ptBB was 2.31 (hope I'm doing that right; I'm dividing my BB/100 that PT shows- 4.62 -by 2; if not please somebody let me know because I'm still not completely clear on the whole ptBB thing *L*). I still worried about my bankroll a bit though so I went to different sites to investigate. That's when I happened upon this one. I was delighted that not only was there bankroll advice, but a whole damn forum just about bankrolls! After all the reading I did on them I decided that I probably should drop down to $25 despite my thoughts on my bankroll being "expendible". Particularly after some member here suggested that I play multiple games; I wasn't sure I'd feel comfortable playing multiple games at the $50 tables with my bankroll.
So I dropped down, and the results couldn'tve been much worse. After only a couple days and 4 sessions I was down $30. I found out that through all my reading and adjusting my play to the $50, it simply wasn't working for me at the $25. It's probably my fault for not adjusting again, but I found that continuation bets, which will work more often than not at the $50 tables, wasn't working for me here and I stopped making them. I was seeing preflop raises of $1 or $1.25 and since that seemed such a small amount to risk after playing at the $50 tables, I found myself playing very, very mediocre hands. Even worse, I was getting so many calls with preflop raises that I basically stopped raising much at all and turned into a very loose-passive player at these tables; it's no wonder I lost in retrospect.
So after some more consideration, just this past week I decided to take my chance at the $50 tables again despite an inadequate bankroll. I felt I needed to play where it seemed to me that things made more sense. You still have crazy players at the $50, but as a general rule they seem to be quite a bit tighter than the $25 tables. They probably wouldn't seem tight at all to those of you who look at it from the $100 or $500 table perspective, but I was able to see the difference immediately. Of course you get the odd occasional really loose table at $50 too (just this past week I reraised a small raise of $1.25 to over $7 with QQ in late position and had not just the initial raiser call that raise, but 3 others as well; you can guess how that turned out for me *L*; I only raised it so much because three people had simply called that original raise and I wanted to make sure I narrowed the field, fat lot of good that did me), but I don't see them as prevelant on the $50's as I did on the $25's.
Not only did I move up in stakes with an inadequate bankroll but I even started playing a second table as suggested to me by members here.
I'm flirting with disaster. However, since UB is giving away 100% bonuses up to $500 for another week, I'm going to redeposit another $500. Please, no jokes about UB's bonus dollars. *L* I know how slow it took to even work off my initial $100 bonus all those years ago. But since I basically play only at UB right now I'll be able to work it off without doing anything other than what I have been doing. Anyways, that should give me a little better cushion against a nasty freefall in my bankroll. This week things looked pretty good as I played two tables (in a serious way) for the first time. I've won about $230 this past week with a total monthy amount so far of $368. I've gotten my ptBB (again, if I'm doing it right) to 8.93 for this month.
One thing I've learned this week is that it's okay to change tables. I used to sit at a table and I'd be there until I lost enough to be disgusted with it, or it broke up or I had played enough for the day. That changed early on this week after I played at one table for over an hour and didn't win a single hand and ended up losing like $19. At that point I told myself that if I haven't won single hand in 50 dealt I was going to change tables. That happened to me a couple days later and I immediately added another table and finished my orbit with my "bad" table. Within 10 minutes at the new table I was up almost $50, and ended up that table with a $95 net win.
I typically play about two hours a day, Monday through Friday and usually like to take the weekends off (though I may be missing some nice fish on those days; can anybody give me an idea on whether it's better to play on weekends?). I've burnt out before at holdem, and I want to be careful not to do it again. When that happens then a loss seems personal and devastating, when in fact it's something I should expect to happen. My handle is the same on here as it is at UB. Probably not the brightest thing in the world to do if I discuss my strategies at all *L*, but I didn't want anyone here to be able to ask why I'm hiding behind a fake handle (this was of course before I knew how helpful most of you are) if I do or say something particularly stupid.
As for my bankroll. Since I began again in February I'd decided that for every $50 I win I'll withdrawal $25 of it. So if you wonder why my bankroll isn't going up as much as it seems like it should be, that's the reason. I felt from the beginning that if I only played to add money to my bankroll I'd burn out quickly, so I needed to make periodic withdrawals to at least make it seem like I'm playing FOR something other than to get to the next level. So far I've put $200 in winnings onto my car loan, so I'm really happy about that. My bankroll at the moment is $717, and the deposit will jump it up to over $1200; hopefully that'll be enough to handle a couple of big losses. I will say that I've been very fortunate so far to not be stacked since I've started playing again. My biggest loss so far was $28.45 when I had a set of 4's and got somebody to go all in with TPTK and they hit runner-runner flush cards. My biggest stupid loss was with KQo (of course) and that was $21.50 when a king was flopped. My only defense was that someone raised only minimum preflop with AK, but altogether it was a really indefensible hand, but at least that one happened back in mid February, so I like to think that now I wouldn't make this same play. But I'll probably prove myself wrong in time. *L* I could've been stacked easily, and that hand is the one I posted on the NL forum where I was covered and had gone all in preflop with KK and was facing AA and QQ. Luckily the guy who had me covered was the QQ, but even more luckily I caught a king to win a very nice pot.
Well that's about it I guess. Hopefully if anyone reads this entire thing (and I, for one, wouldn't blame anyone for not reading it *L*) you have a better idea of who I am in a poker player sense. And at least it gives me the chance to introduce myself and to thank all of you who responded so quickly and thoroughly to my post in NL, and even helped me to figure out where I wanted to go from there. Lets just say that, so far, it seems the suggestions about playing two tables at the same time rather than one are really seeming to pay off well for me. I find I can fairly easily keep track of players at both tables, and in particular, find the "wild cards" who I want to win money from. My one day attempt at three tables, however, proved less fruitful, so I'll stick to two for now.