Which games are the most profitable
OK well i have written in another post about recording your results and figuring out where your bankroll is actually going or hopefully where it is coming from but what should you use the results for. Well hopefully you already get where I'm coming form.
The reason that you need to keep your results is to make sure you know what you are doing with your bankroll but if like the position i have been in, in the past I know I,m a winner at the game because my results show it but for a long time i didn't make any long term profit.
The problem with my game was that because i was doing well in multi table tournaments I was winning large amounts of cash and as much as this was great and my cash rate was around 5 out of 10 competitions my bankroll was taking huge swings.
The problem was that every time i had a cash in a tournament I would sit at the cash an squander most of my profit. Another problem i had was because I was playing well in the live tournaments the nights i couldn't get to the casino i would jump into a multi online and and sit there feeding the sharks because couldn't cash in them.
Not trying to get off the subject but the problem i had with the multi's was that I treated them as the same multi's i was playing in the casino. It may not be obvious to everyone the difference in the two games but i was playing them in exactly the same way and not for a minute did I even think of changing my style. I had a solid game live but didn't understand that it had to change for the online game simply because of the fact that the online tournaments so many more hands per hour/ hands per blind etc. etc. This is a lesson of its own because playing this game although it may be the same structure of tournament they are both played under very different conditions and so your style must be changed accordingly to take advantage.
So back to where i was getting to.
The results of your spread sheet are there to tell you a story and provide you with the long term information about your strengths and weaknesses in all the different forms of poker you decide to play. The key to a winning poker player is to work out which type/format of the game suits you best and stick with it.
The only other problem that remains is the one in which i have myself.
I love playing cash tables but I'm shit at the game. Why? I don't know the answers to that yet but believe you me its being worked on. Even though I play cash still knowing that I'm a loosing player in the long run. I also know that to earn the bread and butter at this game a successful strategy must be used and stuck to. This doesn't stop me playing it but I will always make sure the the approach i take in a cash game is a cautious one in the terms of how much of my bankroll I use to play with.
So get the results out and make a decision on your most profitable game and when you have found it, stick to it. When you do decide to play a game that's not in your line of expertise then make sure you only investment the minimum whilst trying to educate yourself in that field.
With a bit of luck your bankroll will prove to you that your making that right decision.
Remember this game doesn't start and end simply when the cards are in your hands. It started they day you made that first deposit in the poker world and it will not end until you give the game up. So approach it as above and you shouldn't go far wrong .......... Happy hunting
The reason that you need to keep your results is to make sure you know what you are doing with your bankroll but if like the position i have been in, in the past I know I,m a winner at the game because my results show it but for a long time i didn't make any long term profit.
The problem with my game was that because i was doing well in multi table tournaments I was winning large amounts of cash and as much as this was great and my cash rate was around 5 out of 10 competitions my bankroll was taking huge swings.
The problem was that every time i had a cash in a tournament I would sit at the cash an squander most of my profit. Another problem i had was because I was playing well in the live tournaments the nights i couldn't get to the casino i would jump into a multi online and and sit there feeding the sharks because couldn't cash in them.
Not trying to get off the subject but the problem i had with the multi's was that I treated them as the same multi's i was playing in the casino. It may not be obvious to everyone the difference in the two games but i was playing them in exactly the same way and not for a minute did I even think of changing my style. I had a solid game live but didn't understand that it had to change for the online game simply because of the fact that the online tournaments so many more hands per hour/ hands per blind etc. etc. This is a lesson of its own because playing this game although it may be the same structure of tournament they are both played under very different conditions and so your style must be changed accordingly to take advantage.
So back to where i was getting to.
The results of your spread sheet are there to tell you a story and provide you with the long term information about your strengths and weaknesses in all the different forms of poker you decide to play. The key to a winning poker player is to work out which type/format of the game suits you best and stick with it.
The only other problem that remains is the one in which i have myself.
I love playing cash tables but I'm shit at the game. Why? I don't know the answers to that yet but believe you me its being worked on. Even though I play cash still knowing that I'm a loosing player in the long run. I also know that to earn the bread and butter at this game a successful strategy must be used and stuck to. This doesn't stop me playing it but I will always make sure the the approach i take in a cash game is a cautious one in the terms of how much of my bankroll I use to play with.
So get the results out and make a decision on your most profitable game and when you have found it, stick to it. When you do decide to play a game that's not in your line of expertise then make sure you only investment the minimum whilst trying to educate yourself in that field.
With a bit of luck your bankroll will prove to you that your making that right decision.
Remember this game doesn't start and end simply when the cards are in your hands. It started they day you made that first deposit in the poker world and it will not end until you give the game up. So approach it as above and you shouldn't go far wrong .......... Happy hunting
posted by skipper at
00:59
2 Comments:
alot of sense written in this post mate n1
alot of money spent understanding it as well. I use he word spent when it should of used waste lol. but its no laughing matter when ur busto. Thanks for the cooment
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