So recently I've been trying out my poker playing skills online. I've been playing with Bodog and so far I've been very happy. The deposit process was very simple and quick. They have all types of poker and different sizes (blinds) of tables.
I played my first MTT with bodog and did surprising well. It was a $3 buy-in with about 130-140 people.
After 5 hours of play, I was finally finished. I took 2nd place for a prize of $189. This is a massive pay out for only investing $3.
Since then, I have been focusing on the cash games and have found that there is a major difference with online play. I usually play cash games in the casino's poker room but the buy-ins are a bit steep for me right now. I love online games because you can buy-in for as little as $5.
It seems to me that the only way I can be a successful online poker player is to play SUPER tight. I have been following Chris Ferguson's bankroll management and have been pretty successful.
I think if I stay disciplined enough to follow the rules, I can be successful. So far, so good.
Wednesday, September 29, 2010
Thursday, September 9, 2010
Change my poker strategy?
Wow, its been a few months since I've posted anything. I have been playing the previously mentioned $8 tourney every week and have been doing fairly well.
Money has been tight for me and my family lately, so the only recreational thing I can get away with is playing this $8 tourney. So when I place/win in these tourneys it helps a lot, and I have been placing consistantly in this tourney... here is why (I think):
When money wasn't an issue, I didn't really care too much. I would make calls that I shouldn't and say to myself "Meh, if I lose, its only $8." Now, it has changed to "If I win/place in this, I will be able to live a little more comfortably for the next month."
Don't get me wrong, I am not gambling money I don't have to gamble. I'm not playing with rent money, food money, or anything like that. Its only $8, but the payouts I've been getting have been, $80, $220 twice, and $320 last night.
This extra money allows us to buy a few luxory things. Such as ice-cream, buy lunch at work instead of bringing left-overs, even went out to a nice dinner with my fiancee (which we never get to do anymore).
My point is, that because its no longer something I dismiss so easily, it actually means something to win. And therefore my strategy has changed slightly, and has shown to be profitable.
Money has been tight for me and my family lately, so the only recreational thing I can get away with is playing this $8 tourney. So when I place/win in these tourneys it helps a lot, and I have been placing consistantly in this tourney... here is why (I think):
When money wasn't an issue, I didn't really care too much. I would make calls that I shouldn't and say to myself "Meh, if I lose, its only $8." Now, it has changed to "If I win/place in this, I will be able to live a little more comfortably for the next month."
Don't get me wrong, I am not gambling money I don't have to gamble. I'm not playing with rent money, food money, or anything like that. Its only $8, but the payouts I've been getting have been, $80, $220 twice, and $320 last night.
This extra money allows us to buy a few luxory things. Such as ice-cream, buy lunch at work instead of bringing left-overs, even went out to a nice dinner with my fiancee (which we never get to do anymore).
My point is, that because its no longer something I dismiss so easily, it actually means something to win. And therefore my strategy has changed slightly, and has shown to be profitable.
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