Bankroll and Attitude and HOME
I am as you all know a micro limit player, I play micro limits for 2 reasons.
1. The people who play there are not very good so I can make a lot of money for very little risk
2. I do not get emotional over it as it is well within affordability when I lose.
This brings us onto the subject of bankroll and attitude.
You hear all the time "what bankroll should I have?" and the normal answers for limit seem to be 300BB.
I personally do not play that way I run a huge bankroll which I won and do not rush to move up. Why you ask?.
I am happy where I am and play well there, I have a lot to learn and will learn it before I move up.
I make on average 9BB/100 hands and considering an expert at a higher level would expect to make 3BB/100 I would need to risk 3 times as much to make the same money at a higher level against better players.
So that's the rub, to improve shouldn't I move up, am I fooling myself into thinking I am good simply because the standards around me are so low.
That is possible.
However I would need to earn a lot at poker to replace my job as I am well paid. I do however love poker and want to play, but I want it to be fun, not life and death, so I play well below my limits.
I play the occasional tournament with my winnings and cash in $1000 from my bankroll on a regular basis.
The opposite is true for some people, if they play below a stake that gives them emotion they become donkeys, they don't care they are betting for quarters so they play like it is play money, that however is not me, having been a croupier I have seen how losing a little a day adds up to a lot and understand that winning a little a day adds up to a lot.
So what am I getting at?
The key is BANKROLL and ATTITUDE.
Yes you need to know how to play, you should read SSHE you should learn and play well, but the key is to have the right ATTITUDE and that only comes when you have a zen like quality to your game.
You cannot achieve this if you are playing at the wrong level or are not understanding variance, you achieve this when you feel at home.
So get a bankroll, don't cash it in, don't rush up the ladder of limits, crush the limit you are at GET ROLLED from it. With this you build a home somewhere you understand, somewhere you can retreat to when things go bad.
That is you can only move up when the limit you are at feels like home, feels like you cannot lose in the long run.
Feels like when you do lose you can win it back.
This gives you reassurance that you can move on as home will always be there, you can try fresh pastures because if the grass isn't green it is at home and you can come back. Make roots settle in, know the players there know who you can beat know who you can't but know you are home.
Then when you travel to new pastures you can take risks you can have the attitude that this will become my home or I will go back home.
I know a lot of players would disagree with this and would love to hear there opinions.
Peter