blonde poker forum

Poker Forums => The Rail => Topic started by: mex on January 25, 2006, 11:05:27 AM



Title: STT advice needed
Post by: mex on January 25, 2006, 11:05:27 AM
Late dec i went all tilty and damaged my bankroll online. Now rather reload from my cash out account, i deceided i did the damage, i'd best repair it.
So i looked back at last year and went back to STT on Blu Sqr. Starting on $3 and doing the old win and move up a level, 2nd or 3rd stay that level ,lose and move down a level.  When bankroll hits a certain amount move up a level as starting point.
I started this on 7th of jan with less than $100 and i am now at the point where i am moving into $50 $100 $200 games.

Now heres where i hit the problems

when you move from $20 to $25 after a win your Paying an extra $5.50 to play, a little over a 25% increase in stake, so a lose doesn't harm you a great deal. You can drop down to $20's and maybe lose another.

now say you move from a $100....... next level is costing $110 more to playing a $100% increase in stake, if you lose here in then drop a level you have to win the next game you play or you are losing money.

Now i know that you can money a few in a row or have a winning run (i think at $100 or $200 this is a lot harder than $25 $50)

Do i stay at the $25/50 and grind out or do i stick to the game plan and take the rough with the smooth for the chance to build my bankroll quicker.

The aim is to end up with a roll to play $100 and $200 as my standard game, skim some off for mtt and cash out a large % of any mtt wins.
The stt should maintain my roll through out

Advice?


Title: Re: STT advice needed
Post by: SKIPPYSKIP on January 25, 2006, 11:21:19 AM
I would stay at your current level for the STT, as if your doing well and winning at this level why change.

You will be able to play more games at  $25/50 than you would at the higher level.

If you hit a bad run in the higher STT it may wipe your bankroll, where in your current level if you hit a bad run by not going up to the higher stakes this would be covered by the possible loss at $100/200 games.

I say clean them up at your current level.

Good Luck


Title: Re: STT advice needed
Post by: Wardonkey on January 25, 2006, 12:01:40 PM
A standard bankroll for a winning player is 50x the buyin, so to play $100 STTs you should have $5k. However if you are willing to take a few risks to get to the $5k and are confident that you beating the games, (keep detailed records) then you you can play off as little as 20 buyins.

Your better off buildiing a solid foundation before moving up a level so that if you do run bad for a bit it doesn't hurt you too much. Buidling a sufficient bankroll for the next level before moving up will get you to your goal with less heartache than the forward one step, back one step technique and may even get you there quicker because you give yourself more chances when you move up. eg Move up to $50 when you have $1.5k and move down again if you drop below $1k. When you get to $3k move up to $100, move down if you drop below $2k etc.

I hope this helps.


Title: Re: STT advice needed
Post by: mex on January 25, 2006, 12:48:16 PM
Cheers wardonkey. i am working on a 20x by in and at the moment as my roi is high( 53.4%)i was going to move to 30x buy in if it drops to below 35%and 50x buy in if it goes to below 25%.
and yes my records are tip top. I even detail home games and cost of poker books magazines and my interenet connection, even my lappy came from my poker account.All my money for poker is in a dedicated bank account. I think my poker should at least pay for itself. i was aiming for about 5-6k for my roll to give me freedom.

At the mo i have played 74 stt games since jan 7th ..........17x 1st place
                                                                                  12x 2nd place
                                                                                   11x 3rd place
longest run in the money 5 games
longest run out of money 5 games
it would seem that $20-$25 is actually my best level but last time i did this it was $50, i haven't played many $50 this time though, and my stt strat seems different, less 1sts as a % but bigger roi through more mobney finishes.
I don't mind the moving up and down as it keeps it interesting, but its doubling the buy in i think is bad for roi.

What if i say move up 1 step after say 3 in a row money finish (including a 1st) or 2 1sts in a row to move up. BUT still move down on a lose


Title: Re: STT advice needed
Post by: Wardonkey on January 25, 2006, 01:23:02 PM
Those are impressive stats, but your sample size is very small. I doubt very much that your incredible ROI is sustainable in the long term. If you can get 20% ROI on the $100s over the long term (min 500 STTs, pref 1000) then your doing very well indeed (better than me).

I would prefer to set financial targets to meet before moving up rather than using a ladders type system. Your ultimate goal after all is financial and you want to be in situation where you have a sustainable bankroll that you can draw money from each month, rather than spending all your time dancing up and down the levels.

Best of luck. I could use a challenger on the OTG STT board!


Title: Re: STT advice needed
Post by: mex on January 25, 2006, 01:31:15 PM
sample is small but thats what i've played so far. I expect roi on $50-100 to plumet. Simple truth is there are so many poor stt players at the mo its not hard to hit the money at the $20-$25 level.


I used to put results on utg but got so behind i gave up. will sit and do it soon.



Title: Re: STT advice needed
Post by: mex on January 25, 2006, 02:31:01 PM
Right results now on otg .......................... I'm in 4th


Title: Re: STT advice needed
Post by: Wardonkey on January 25, 2006, 02:52:12 PM
Good man!


Title: Re: STT advice needed
Post by: Robert HM on January 25, 2006, 02:56:59 PM
OTG?


Title: Re: STT advice needed
Post by: Wardonkey on January 25, 2006, 03:04:23 PM
Overthegun.com, it is a site with leaderboards wher you can submit your results from different sites and compare your results. Quite a few Tribeca players use it to compensate for the lack of a leaderboard there.



Title: Re: STT advice needed
Post by: Robert HM on January 25, 2006, 03:04:59 PM
Thank you


Title: Re: STT advice needed
Post by: Wardonkey on January 25, 2006, 03:17:21 PM
My pleasure.

Have a look, you will see a few familiar names.

http://www.overthegun.com/


Title: Re: STT advice needed
Post by: Robert HM on January 25, 2006, 03:18:29 PM
Gosh, I recognise most of the names on the leader boards


Title: Re: STT advice needed
Post by: londonpokergirl on January 25, 2006, 03:34:06 PM
yeah i only signed up beginning of the week ;)  although i'm already an 1808 member :)


Title: Re: STT advice needed
Post by: mex on January 26, 2006, 05:25:10 PM
are you 1808 then ?


Title: Re: STT advice needed
Post by: mystery721 on January 26, 2006, 05:42:03 PM
in reply to wardonkey i dont think u need 50 buy ins in stt,s if u can go 50 stt,s without wqinning then u need to give up, no amount of varience needs u to have 50 buy ins. 20 buy ins is more than enough to keep u affloat playing stts. just my opinion


Title: Re: STT advice needed
Post by: Wardonkey on January 26, 2006, 05:51:11 PM
It's not that you can go 50 without winning, it's that you can go well into the teens without a draw (17 is my record). If you have a bankroll of 20 buyins and lose half of it in a poor run then you are very close to going skint. What are you going to do then? If you are playing STTs for your primary source of income and have less than 50 buyins available then you'd better make sure you have a good CV ready.


Title: Re: STT advice needed
Post by: mex on January 26, 2006, 05:56:07 PM
the lower my Roi gets the more x buy in i will use. Think this is safe. This thread has also given me kiss of death 3 results from 15 today and roi dropping rapidly.


Title: Re: STT advice needed
Post by: mystery721 on January 26, 2006, 05:59:25 PM
you say 3 out of 15. thats only 20%. 1 in 5 maybe the game you are in is to high or maybe it could just be a bad patch. if i was only cashing once in 5 id look at what was happening. Only you will know if its a bad patch or the game is to high for u. Just sit back and see think about it, theres no shame in dropping down a level to build up your bankroll. I personally move up a level when im in a bad patch.


Title: Re: STT advice needed
Post by: mex on January 27, 2006, 01:39:58 AM
no it was just a bad patch,(recovered it a bit this evening), had one of those days for wicked out draws lot of runner runners and gut shots when down to 4-5 players.Had to compose myself and not change the way i've been playing
          As as wardonkey pointed out i was running a high ROI this has now settled down to 35.4% still a good ROI i know. When i cash i do tend to hit majority of 1st's. I am moving up a level after a win but not to a level that will double buy in as i think this will stall my climb.

I know roi will tail off once i get to top levels, but i aim to be Bashing heads with Donkey again soon.


Title: Re: STT advice needed
Post by: Wardonkey on January 27, 2006, 01:54:49 AM
I have cashed 7/17 tonight, all 2nds!

It's driving me mad, my heads up record is good, but I just can't win tonight!


Title: Re: STT advice needed
Post by: thetank on January 27, 2006, 01:07:16 PM

Best of luck. I could use a challenger on the OTG STT board!


You sure?


Title: Re: STT advice needed
Post by: Wardonkey on January 27, 2006, 01:46:07 PM

Best of luck. I could use a challenger on the OTG STT board!


You sure?

Gulp!