Today im all good with micro stakes SnG tournaments here is the graph ;)
Sunday, January 15, 2012
Monday, January 9, 2012
Bankroll Management
What is bankroll management?
"Bankroll management" (sometimes abbreviated to BRM) is where you play at certain limits to avoid losing all of your bankroll due to bad runs of cards, which any poker player must expect from time to time.
This is called "playing within your bankroll". Subsequently, if you play at higher limits where there is too great a chance of losing all of your poker money, you are "playing out of your bankroll".
Why is bankroll management important?
The reason why you should choose your limits carefully in poker is due to the variance. Variance is a term used to describe the "ups and downs" of poker where you fluctuate from having bad runs of cards to good runs of cards, resulting in varying profits and losses.
If you play poker for long enough there are going to be periods of time where you will consistently lose money, not because you are playing badly, but because the cards are not falling your way. This means that if you do not have enough money in your bankroll to absorb these big downswings, it is likely that you will lose it all.
Monday, January 2, 2012
Downswing ;d
Every regular poker player knows that you can't come out of every poker session with more money than you started with. There are always going to be sessions where you end up losing more than you win, and often there is very little that you could have done to prevent it.
Even though poker involves a certain amount of skill, luck is something that is always going to be a big influence on the outcome of each individual session, and it always will be. Any poker player that plays regularly enough will find that luck gets the better of us sometimes for longer periods than we would like, and for some, this stretch can seem never ending.
Facing a big downswing in poker.
As a frequent player at the cash or tournament tables, we are prepared to lose 2 or 3 buy ins or not place in a number of tournaments from time to time, its just the way it goes. But occasionally, although it doesn't happen very often, a 2 or 3 buy in loss will just be the tip of the iceberg. We will come face to face with a seemingly never-ending stretch of bad cards and busted draws.
Wednesday, December 28, 2011
Discipline in poker
Discipline and Patience
For example, take a look at a day in my skin. I have to have discipline and patience when I hunt for my breakfast, take the right opportunity to find a potential meal, and execute a coordinated plan. I'm aggressive in my hunt, but not reckless. I also know when I'm beaten by a fish that can outrun me, so I give up on that situation. I'm sure you can find many parallels to your own everyday routines. Not only are discipline and patience essential virtues in life, they're also essential poker virtues.
If you don't consistently have discipline and patience at the poker table, you're not going to be a winning poker player in the long run. Even if you somehow manage to squeak out some profits, you're not winning as much as you could. My goal in my poker game is to crush my competition and make the most clamshells… sorry, scratch that… money that I can. I've learned to do that by trying my best to master the psychological aspect of poker. I'm not talking about getting inside your opponents' heads in this instance, but rather your own head. You can memorize every poker strategy trick in the book, but it won't help you if you don't take control of your own mental habits.
For example, a major leak for most poker players is their starting hand requirements. They get antsy to play, so they take chances and play hands that they know they shouldn't. This shows a lack of self-control and patience. I'm not going to pretend that any of us can completely eliminate the urge to play trash hands from the wrong position. Sometimes, we all do it. But you should try to minimize how often it happens. Why? In the long-run, it's costing you money. Most players have hand guidelines for a reason: certain types of hands are profitable from certain positions, and other types of hands are unprofitable from any position. Of course, you're occasionally going to hit that two pair on the flop with your 7-4 offsuit, but don't forget all those times that you missed completely or the times when you sort of hit the flop and made a questionable call to stay in, costing yourself even more money. This is where discipline enters the equation.
If you're in that pot with your 7-4 and you're not on the big blind, you probably threw patience to the wind. However, since you can't take that back, you're going to have to show discipline throughout the rest of the hand. A huge reason why you don't play trash hands is that you're often going to be stuck in a tough situation on the flop. It's easy when you don't pair up or make any sort of draw on the flop, and you throw your hand away. However, what do you do when the flop comes out 7-J-2? If you have good poker discipline, you throw this hand away if your opponent bets unless you have a perfect read on him and know that he's bluffing. Most of the time, it's just not worth the risk. You made a mistake by being in this hand at all, so try to atone for it and resist throwing more good money into this pot. If you call that bet on the flop with middle pair, you usually won't improve on the turn. You can't call another bet, so you've just chased part of your stack away. Sure, it might seem insignificant at the time, but these lacks of discipline and patience will add up over your poker career.
Whenever I find myself in a poker rut, I remember that I can control every aspect of my own poker game. The only thing that you can do at a poker table is make good decisions. Many of your opponents, especially online opponents, won't have the patience and discipline that you have. They're going to draw out on you with hands they shouldn't be in the game with. You can't control that, and that's just part of the game. You can control every move that you make with your game, however. If you play how you know you can and should play, you're going to minimize the draws that your opponents will make by making them pay to do it. Part of having discipline in poker is not getting greedy and slowplaying hands where there is an obvious draw out there.
More often than not, I like to stay in my home lagoon and just catch my choice of games online. I don't know how the swordfish and tuna got high-speed internet wired to their homes too, but they're online and spreading to every possible limit. You aren't safe from suckouts at even the highest stakes these days. Inevitably with all of this reckless play, you're going to run into a lot of bad beats. Having discipline means that you don't go on tilt when you run into one, or you at least cut down the time it takes to bounce back. Going on tilt is a tragic way to lose the winnings that I'm sure you've worked hard far.
Suffering from tilt is natural. You're steamed that the guy across the table from you hit a 3-outer to take $2,000 from you. Who wouldn't be? But you also have to expect this to happen once in a while and prepare for it. Avoiding tilt is another aspect of poker discipline. While it's easier said than done, just keep repeating the mantra, "All I can do it make good decisions," before every move you make. It isn't a good decision to personally go after the guy who put a bad beat on you, and it isn't a good decision to play recklessly with every hand dealt to you just because you're upset about losing that big pot. Just remember that another hand is coming up in 2 minutes and that you're going to make the most of it. If you're playing no-limit, you're only ever one hand away from doubling up your stack. If you can realize that you're too upset to play, just sit out and take a little walk for a few minutes. If you still don't feel better, it's probably a good idea to call it a night and come back when you're in a better frame of mind. You play better when you're in the right mood and you know it.
Tuesday, October 11, 2011
Poker Face
Time to get some of those iridescent Chris Moneymaker glasses. According to a new study published in the journal Current Biology your eyes could give away not just whether you have a good hand or not, but the actual numbers of the cards in your hand. Researchers asked study participants to name a string of random numbers, and by measuring horizontal and vertical eyes position the researchers were able to reliably predict the next number before it was spoken. Your bluff just might be toast.
The researchers noticed a distinct trend when participants were conjuring their random number strings: A leftward shift accompanied by a downward shift consistently indicated that the next number would be of lesser value than the one before. Likewise, an upward-right positioning suggested a larger number than the previous one. The degree of the movement corresponded to the size of shift in value.
Why does this happen? According to the University of Melbourne researcher who authored the study, our brains tend to code numbers spatially along a horizontal plane; smaller numbers fall to the left, larger ones to the right – similar to the way numbers would look if you started writing them in sequence on a piece of paper (1,2,3,4,5,6, etc.).
From Science daily all rights reserved.
From Science daily all rights reserved.
Saturday, October 8, 2011
PokerStars
Definetly i can say that in my 6 years of real money poker player,ive checked out alot of different sites and softwares but the only one that kept me intrested with it design functionality and promotions was PokerStars.com
The Poker site itself is the biggest one that provides the most attractive MTTs SNGs and good challange at the cash tables.
Anyone can feel free to join me there ;)
www.Pokerstars.com
The Poker site itself is the biggest one that provides the most attractive MTTs SNGs and good challange at the cash tables.
Anyone can feel free to join me there ;)
www.Pokerstars.com
Friday, October 7, 2011
Introduction
Hello everyone,
My name is Radostin Minchev and im an real money poker player since 2006.
Im mostly playing micro stakes SnG and on regular basis some MTTs @ Pokerstars
I felt in love with poker 2004.I used to be a water pollo player but during an accident i broke my knee at the pool, i loved the game and the sport passion.
When i first player poker online i felt this passion again, and i love the game ever since.
In this blog i will write about various intresting and challanging stuff about poker and my poker life itself.
I had an previous blog that i wiped out and im creating this one as the old one was in bulgarian launguage.
Since there was alot of peoples intrested in my posts ive decided to go on with an EN blog that can let everyone
who likes to read my blog ;)
My name is Radostin Minchev and im an real money poker player since 2006.
Im mostly playing micro stakes SnG and on regular basis some MTTs @ Pokerstars
I felt in love with poker 2004.I used to be a water pollo player but during an accident i broke my knee at the pool, i loved the game and the sport passion.
When i first player poker online i felt this passion again, and i love the game ever since.
In this blog i will write about various intresting and challanging stuff about poker and my poker life itself.
I had an previous blog that i wiped out and im creating this one as the old one was in bulgarian launguage.
Since there was alot of peoples intrested in my posts ive decided to go on with an EN blog that can let everyone
who likes to read my blog ;)
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