Start from scratch

Get a $50 deal imo and you can deposit those 23 on which you will get a bonus, I hope you don't have accounts on all sites yet.CDPoker, Pokerstrategy(the only one that gives $50 on Stars that I have found and others (see http://www.freepokerbankrolls.com/)

$8 is BS and you will have 4Buy-ins wtf... nice that you made $23 but I'd still get the free $50

And yeah unless it doesn't affect your play and you WILL UNDER ANY CIRCUMSTANCES (no excuses please!) move down when you lose 2BI's than go for the aggressive BRM.

I know I can't do that because I like to gamble and I tilt a lot and I'd make some retarded excuses like my play is great I'm just so unlucky and it must turn around or W/E/

I depleted CDpoker, Titanpoker, Propagandapoker.

I'm not sure I could get one on stars, I already have an account there, those actions are mostly for new users... (am I being naive here?)

As things are now, I think I reached a place where I'm detached.
I don't expect anything from poker. I look at it as a free chance for something that might turn out good in the future.
I know I have so much to learn to even consider calling myself a solid player.
I think I'll be able to use this BR management properly.

your bro will give you back this money i hope -.-

On April 23 2009 10:48 Fayth wrote: your bro will give you back this money i hope -.-

nah.. he's 12 y/o and he's mentally challenged, I'm not angry at him the slightest bit.

try to get a bonus like lemon said, otherwise good luck man

I understand how it sucks having to go down after your brother's little adventure, but ...

On April 23 2009 09:48 NiTE wrote: I will play NL2 till I reach $30, then I ship over to NL4, playing 4 tables on both limits. If I lose a Buyin on NL4, I move down till I'm at $30 again. I realized there's really no point in griding all those extra buyins as long as you can lean on moving down when necessary. Some people get 20/50/100 Buyins for the next level before playing it. I'll get 7-8. If I lose one, I will move down and earn some more, then move up again. ...

There's a serious problem with your logic and you're likely not aware of it. The poker BR management we use is based on Kelly Criterion (google it). And Kelly mathematically proved what is the optimal amount to put on risk given overall bankroll, standard deviation and win rate in order to MAXIMIZE PROFIT. I've seen the proof on paper and know some math to understand the idea.

Making quick shots that you are planning will seriously affect your profit. I even dare to say that aforementioned "BR management" is bad enough to turn otherwise winning player into a loser. I'll spare you the math and put it this way: say, you grind your BR to from 26 to 30 @nl2 and take a shot at nl4 and lose. No problem you say, grind it up to 30 again, take shot at nl4 and lose again. You are break even right? WRONG - YOU ARE DECENT WINNER! Measured in buyins/BBs you made (assuming standard 100BB stacks) 400BB (nl2) and lost 200BB (nl4) = 2 full buyins up. And yet money-wise you made nothing out of this 2BI mini-heater. In fact you completely WASTED two buyins. How will that affect your win rate, huh? I can expand this simple scenario more but I'm sure my point is clear. Of course, you can always catch some nice run and luckbox your way back, just make sure you understand how it works.

On April 23 2009 14:40 anheway wrote: I understand how it sucks having to go down after your brother's little adventure, but ... Show nested quote + On April 23 2009 09:48 NiTE wrote: I will play NL2 till I reach $30, then I ship over to NL4, playing 4 tables on both limits. If I lose a Buyin on NL4, I move down till I'm at $30 again. I realized there's really no point in griding all those extra buyins as long as you can lean on moving down when necessary. Some people get 20/50/100 Buyins for the next level before playing it. I'll get 7-8. If I lose one, I will move down and earn some more, then move up again. ... There's a serious problem with your logic and you're likely not aware of it. The poker BR management we use is based on Kelly Criterion (google it). And Kelly mathematically proved what is the optimal amount to put on risk given overall bankroll, standard deviation and win rate in order to MAXIMIZE PROFIT. I've seen the proof on paper and know some math to understand the idea. Making quick shots that you are planning will seriously affect your profit. I even dare to say that aforementioned "BR management" is bad enough to turn otherwise winning player into a loser. I'll spare you the math and put it this way: say, you grind your BR to from 26 to 30 @nl2 and take a shot at nl4 and lose. No problem you say, grind it up to 30 again, take shot at nl4 and lose again. You are break even right? WRONG - YOU ARE DECENT WINNER! Measured in buyins/BBs you made (assuming standard 100BB stacks) 400BB (nl2) and lost 200BB (nl4) = 2 full buyins up. And yet money-wise you made nothing out of this 2BI mini-heater. In fact you completely WASTED two buyins. How will that affect your win rate, huh? I can expand this simple scenario more but I'm sure my point is clear. Of course, you can always catch some nice run and luckbox your way back, just make sure you understand how it works.

I fail to see how this makes agressive bankroll managment bad.
What you pointed out is true, but these laws are in place regardless of what amount of buyins you choose as your minimum to move up.

I think that for example grinding 100 Buyins for the next level is a complete waste of time because you rarely need that kind of a safety net as strong as 100 BIs.

What if you are skilled enough for the next level, yet you spent the time to grind 100 buyins for it. You could've made much more if you went up.

I still believe this has no real mathematical flaw... The only bad thing I can notice is the pychological aspect of it, and high discipline needed.

On April 23 2009 14:55 NiTE wrote: I fail to see how this makes agressive bankroll managment bad.

It's simple. Once again and slightly different example: say you use 6BI rule and start from nl10 w/ $60 till you hit $120, then move up to nl20, got coolered, lose $80 and now you have $40 left. In game that we play it's (theoretically) irrelevant how much $ BB really is. The only thing that matters are buyins and BBs. In this particular example you are a winner with two buyins up. And yet you are a $ loser only because of bad BR management. Having to move down is a disaster!

On the other side ...

On April 23 2009 14:55 NiTE wrote:I think that for example grinding 100 Buyins for the next level is a complete waste of time ...

... is the opposite extreme, and yes it really is waste of time. This is exactly what Kelly took into consideration when he eventually came up with formula ( widely known as "Kelly criterion" ) that clearly gives you how much to bet given BR, SD and WR in order to maximize profit and is applicable to all sorts of EV+ gambling. If you deviate on + or - side your profit suffers and depending on how hard you deviate it either is suboptimal, or in extreme cases, like in my second example it might turn winner into a loser.

Just don't get me wrong. I'm not saying "don't do it". TBH in your place I'd probably do the same. Just make sure once when you robusto, turn back to normal BR rules. There's a reason for that.

IMO:
if you get to 20BI, then move up, and are a winner at higher level: you are a loser for not moving up earlier.

You say having to move down is a disaster.
Well, when I reach 6BI, I move up. If you are in the same situation as me money-wise, but you use 20BI rule by staying at the same limit before reaching 20BI, in relation to me, you just moved down, and it's a disaster, isnt it?

Also, if you ask me, the only important thing is to put in hands, in other words not be busto; the rest is irrelevant.
However, if I could choose, I'd pick to play the highest possible stakes at all times (if I have reason to believe I can beat these stakes) but ensuring I never put rule #1 (not going busto) in jeopardy.

I'm going to bed now, tommorow I'll google that name you mentioned.