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Running Bad/Bankroll Management.

Well I have been running bad again and I think a lot of it has to do with the way that I have been managing my bankroll. I get so frustrated with still being at the lower levels of online poker that I take shots at the higher buy-ins. I feel that I am good enough to beat 400NL but I do not have the bankroll to make it happen. I run poorly in one session and then I have to drop down to 200NL and I am no longer playing my best because I am chasing loses from the 400NL session.

So, as difficult as it is for me I am going to set BR requirements to play specific levels. For the lower levels I do not think I need a 30 buy-in bankroll because I feel I am way better than the compitition. So, here it goes. I am going to stick to the following requirements no matter what;

$100-$4000 = 100NL
$4001-$12000 = 200NL
$12001-$18000 = 400NL
18001-$30000 = 600NL
30001+ = 1000NL

I think that this is about a six month project to achieve a 30K bankroll. I really feel with concrete bankroll requirements I will have a much easier time climbing the ranks.

Hey,

I saw your post on another blog and figured I’d check yours out and give you a headsup about a WPT giveaway I’m running this year.

A lot of players want to participate in a 10K buyin event, but most lack the skills or experience, so if I gave that way it would be like giving away a lottery ticket. Unless they got very lucky they probably wouldn’t do much with it.

So I tried to come up with something that I felt would be a much better prize for the majority of poker players. I’m giving away a WPT Battle For The Season Pass III package this year on my site.

You can win a weeklong vacation in the Bahamas, training from the pros (over 20 in attendance last year) and entry into up to three tournaments while you’re down there. One of the tournaments is a 3-day deep-stacked event with a number of WPT, cash and boot camp prizes. The grand prize is a $100,000 WPT Season Pass plus $10K in cash for expenses.

You can use the WPT Season Pass to enter any World Poker Tour events you want (ten 10K events, a mix of 5K, 15K, etc)

The first free satellite is being held on Full Tilt Poker Sunday, February 10th, 2008 at 14:00 (2pm EST)

Right now there's only 35 players signed up, the top 4 advance to a single-table semi-final in February. The fields aren't going to get any smaller as word of this promotion spreads. So if you want in, you'll want to play some of the earlier events to have less competition.

Hope the tables & life are treating you well, and I hope you’ll take a shot at winning this prize!

Also, feel free to contact me via email from my site, perhaps we can work out a way for you to put our banner up on your blog. Would love the opportunity to work with you! Contact@rakereport.net

AJ
President
www.RakeReport.net

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