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May 06, 2008

Tough to build a bankroll on Full Tilt in MTT's

A very insghtful post from JP in the forum reads:

There's always talk of ROI and how long it takes to make a profit. It's not a job for most of us and we aren't going to make $20 an hour average or more to have a great ROI, quit our day jobs and become a pro with poker our new living. Most of us can make a darn site more money in our work than we have at poker. If it was easy, everyone would do it. If it's only about ROI, there's better ways to consistently earn decent hourly returns that don't include poker.

It's about playing right and winning, coming out on top. Sure, the more on top (ROI) the better. But you have to have a start point and a goal. If you are building a br then you have to be concerned with results in the br, not the roi. As long as the br is moving up then the roi is meaningless unless you have some time frame in your equation to meet. People that go for the quick build may get hot and fly but they may also flame out, crash and burn.

First build the skill sets. Then build the br (bankroll). Then worry about roi what yields the best results based on what you have already laid out and done using your own data for analysis.

The 45 seater has a nice payout structure for the top 3 only, the other 3 suck. You have to outplay 39 people just to cash in a 45 in a STT you only need to beat 6 to cash. 45 seaters normally run about 2 hours, 9 seaters about an hour. Pay slots only reward the top 13.5% in a 45 seater. STT's reward the top 33%.

It takes 1 win to wipe out 20 loses in a 45.  You have to win 1 in 4 to break even in STT's.

The $1 90 seater has a good pay top 5 slots but it takes 4 hours usually as it's a deep stack. Perfect game for solid ABC poker and TAG/Rock players and skill building. Donks flame out first hour with rapid climbs then death. Some flash out first hand chasing to a made hand. I don't like the $1 stt at all. I would rather play the $1 turbo first it's just as much a luck fest. My preference to "build" starting with $50 is the $2-$5 sng. I wouldn't multi-table until I got my skills better. I didn't multi-table for a long time and even now some days I prefer to concentrate on one at a time. Sometimes I'll play 2-3. 6 has been my max. But I found that multi-tabling trying to build from starting br was the quick way to reload. Any flaw in my game was multiplied and losses mounted faster. First fix flaws, have consistent results, then branch to multi-tabling.

It's possible to "own" the $5 games. Once in a while you hit a zone and just can't be beat at the stt or mtt-sng $5/18-45 seater game.

I DO like the $2 180 seat sng-mtt on Full Tilt for br building as part of the plan. 1 win is very good money. Affordable to play 1 daily as part of the stt mix and a nice break from the $2 stt insanity that is often found.

I found the same that you did in the $6 turbo's. Cashing/winning 8 of 10 then hitting the skids the next 10-20 then again cashing consistent. It was a real roller coaster. Tho I suspect a good part of that was also mistakes on my part. I haven't played them in a while and my game has improved. However, I don't like the play in the $6 turbo but do like the $5 and $10 regular along with the $11 turbo. My opinion is the $11 turbo is a softer game. Too many in it normally that don't belong there but think moving up will be better for them and too many that did better lower and have the br level but not the skill level yet. That's my opinion of course and jaded by my own play and success/failure at them Laughing

I have had mixed results in the 18 seaters. Mostly I used them to build skills for bigger games. The pay is a little better, don't take that much longer than a stt and the opponents are mostly luck seekers it seems. (perception is they are also lucky in them but that's just my perception Laughing )

I think the best all around for me was the $2 sit and go regular to build from tiny br then the $5 games.

My "goal" is to get my br on Full Tilt back in the 2k+ range again, then begin the "ringfencing" and taking out the profit rather than try to keep going up. I beleive that was my downfall the last time. kept going up and up before I took out but didn't drop back when I did and just plummetted.

Sort of like pot control. If I manage my br and keep it in target, AND if I stay in my established limits that GOT me there, I can control it, keep it there and start siphoning off regularly. That's my goal for that site.

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