PokerStars hit a stunning milestone Sunday, Dec. 30, when 150,000 players logged onto the site to play poker. That's approximately 20,000 tables running at once (PokerStars runs hundreds of shorthanded games). There's nowhere near that number of tables at brick-and-mortar casinos in the entire United States.
The achievement took place during the $1,050 Sunday Million, when it was daylight in America and prime time in Europe. That tournament alone had 1,800 players. The $11 Sunday Hundred Grand reached its player-cap of 20,000.
PokerStars first hit the 100,000 mark in February of 2006. In May of the same year, it dealt its five-billionth hand, an achievement that took a little more than five years. A year later, the site celebrated its 10-billionth hand.
The site also saw more than 3,400 of its players earn more than 100,000 Frequent Players Points each, granting them Supernova status at the site. Nearly 40 players earned at least 1 million points in 2007, making them Supernova Elite players.
STILL FULLTILTPOKER IS MY FAVORITE WEB PLACE TO PLAY POKER
Thursday, January 3, 2008
Wednesday, December 26, 2007
Bankroll Management for b
Bankroll Management (2)
THE BANKROLL RULES
Rule 1: Deposit a maximum of $50 per month.
To start building your bankroll you must first develop respect for your money. The best way to create respect for your money is to apply a penalty for losing your initial deposit. Do this by limiting the frequency of your deposits. Start with a deposit of $50 and only allow yourself to redeposit once per month. If you lose your deposit, move to the play money tables until the next month. However, by applying Solution 2 in addition to the playing strategies I will teach you in the lessons to come, you might never need to deposit money again!
Rule 2: Apply the 5% and 25x rules.
The 5% rule is simply this: do not commit more than 5% of your bankroll to any one sit 'n go buy-in. By limiting your buy-in to 5% of your bankroll, you will limit your losses for any one event. In addition, as you build your bankroll, this rule will allow you to move up in stakes. However, if you begin to lose money at the higher stakes, the 5% rule will also "force" you to move back down. The one exception to this rule--you can always play at the $2 level, regardless of your bankroll. In addition, do not move up to the next level until your bankroll is at least 25x the buy-in. By using the 25x guideline you will give yourself a few shots at winning at the next level before the 5% rule forces you to move back down.
For example, if your initial deposit is $50, you should start by playing the $2 sit 'n go tournaments. Stay at the $2 level until you grow your bankroll to 25x the next level buy-in. So if the next buy-in is $5, do not move to the $5 level until you have grown your bankroll to $125. I realize that 5% of $125 is more than the $5 entry fee; you want to give yourself a little buffer to start winning at the next level. However, if you have problems winning at the new level, you must apply the 5% rule and drop down to a lower level if your bankroll drops below $100. By applying the 5% and 25x rules you will ensure you are always playing at a level appropriate for your bankroll.
Important Note: The 25x rule works great when you are starting out at the lower limits. However, once you build you bankroll and start playing at higher limits, say $20 and above, or start playing multiple tables, I recommend a larger bankroll to protect against downswings. Consider staying at the $20 level until you have 50x the next buy-in.
Rule 3: If you lose 3 times, quite for the day.
To avoid going on tilt due to bad beats or a run of bad cards, the solution is simple--stop playing! If you lose 3 times in a row, quit for the day. By quitting, you will stop the trend (at least for that day!). The next day when you start playing again, your frustration will have lifted and you can approach the game with a clear mind. By applying the strategies outlined in the following lessons, it will be unusual that you will experience this issue two days in a row. But if that does happen, you might want to take a few days away from the game. Going on tilt can destroy your bankroll. It is better to sit out for a few days than to give back the profit that you have so carefully earned.
Rule 4: Withdraw 10% Per Week
Once you build your bankroll go over $1500, it is time to start rewarding yourself for your efforts. I strongly recommend that you withdraw 10% of your total bankroll every week. That might seem like a lot but it only represents two buy-ins (if you are following the rules above!). Withdrawing money does two things. First, it protects the money (you can't lose what isn't in your online account). But more importantly, it rewards you for your hard work.
CONCLUSION
As I mentioned in my introduction, I went broke numerous times trying to learn the game. As I look back on my failures, each time can be attributed to breaking one or more of the rules outlined above. However, I have not gone broke since I adopted the rules. Obviously I can not force you to apply these rules--I can only encourage you to adopt and apply them to your bankroll. Here they are again:
Deposit a maximum of $50 per month.
Apply the 5% and 25x rules (50x at higher stakes).
If you lose 3 times, quit for the day.
Withdraw 10% per week.
Although critical, there is more to building a successful bankroll than effective bankroll management. You must also learn and apply the strategies that will set you up to WIN. I will begin outlining the strategies in the next lesson.
Return to Course Outline
Newer Post Older Post Home
Questions and Comments Welcome!
Copyright 2007 SitNGoTraining.com.
All rights reserved.
Sit 'n Go Poker
Course Outline
Best Calculator
for Sit 'n Go's
Best ICM Tool
for Sit 'n Go's
Best Rakeback Deals
For Sit 'n Go's
Best Book
for Sit 'n Go's
Best Structure
for Sit 'n Go's
SitNGoTraining.com
Bookstore
*taken from http://www.sitngotraining.com
THE BANKROLL RULES
Rule 1: Deposit a maximum of $50 per month.
To start building your bankroll you must first develop respect for your money. The best way to create respect for your money is to apply a penalty for losing your initial deposit. Do this by limiting the frequency of your deposits. Start with a deposit of $50 and only allow yourself to redeposit once per month. If you lose your deposit, move to the play money tables until the next month. However, by applying Solution 2 in addition to the playing strategies I will teach you in the lessons to come, you might never need to deposit money again!
Rule 2: Apply the 5% and 25x rules.
The 5% rule is simply this: do not commit more than 5% of your bankroll to any one sit 'n go buy-in. By limiting your buy-in to 5% of your bankroll, you will limit your losses for any one event. In addition, as you build your bankroll, this rule will allow you to move up in stakes. However, if you begin to lose money at the higher stakes, the 5% rule will also "force" you to move back down. The one exception to this rule--you can always play at the $2 level, regardless of your bankroll. In addition, do not move up to the next level until your bankroll is at least 25x the buy-in. By using the 25x guideline you will give yourself a few shots at winning at the next level before the 5% rule forces you to move back down.
For example, if your initial deposit is $50, you should start by playing the $2 sit 'n go tournaments. Stay at the $2 level until you grow your bankroll to 25x the next level buy-in. So if the next buy-in is $5, do not move to the $5 level until you have grown your bankroll to $125. I realize that 5% of $125 is more than the $5 entry fee; you want to give yourself a little buffer to start winning at the next level. However, if you have problems winning at the new level, you must apply the 5% rule and drop down to a lower level if your bankroll drops below $100. By applying the 5% and 25x rules you will ensure you are always playing at a level appropriate for your bankroll.
Important Note: The 25x rule works great when you are starting out at the lower limits. However, once you build you bankroll and start playing at higher limits, say $20 and above, or start playing multiple tables, I recommend a larger bankroll to protect against downswings. Consider staying at the $20 level until you have 50x the next buy-in.
Rule 3: If you lose 3 times, quite for the day.
To avoid going on tilt due to bad beats or a run of bad cards, the solution is simple--stop playing! If you lose 3 times in a row, quit for the day. By quitting, you will stop the trend (at least for that day!). The next day when you start playing again, your frustration will have lifted and you can approach the game with a clear mind. By applying the strategies outlined in the following lessons, it will be unusual that you will experience this issue two days in a row. But if that does happen, you might want to take a few days away from the game. Going on tilt can destroy your bankroll. It is better to sit out for a few days than to give back the profit that you have so carefully earned.
Rule 4: Withdraw 10% Per Week
Once you build your bankroll go over $1500, it is time to start rewarding yourself for your efforts. I strongly recommend that you withdraw 10% of your total bankroll every week. That might seem like a lot but it only represents two buy-ins (if you are following the rules above!). Withdrawing money does two things. First, it protects the money (you can't lose what isn't in your online account). But more importantly, it rewards you for your hard work.
CONCLUSION
As I mentioned in my introduction, I went broke numerous times trying to learn the game. As I look back on my failures, each time can be attributed to breaking one or more of the rules outlined above. However, I have not gone broke since I adopted the rules. Obviously I can not force you to apply these rules--I can only encourage you to adopt and apply them to your bankroll. Here they are again:
Deposit a maximum of $50 per month.
Apply the 5% and 25x rules (50x at higher stakes).
If you lose 3 times, quit for the day.
Withdraw 10% per week.
Although critical, there is more to building a successful bankroll than effective bankroll management. You must also learn and apply the strategies that will set you up to WIN. I will begin outlining the strategies in the next lesson.
Return to Course Outline
Newer Post Older Post Home
Questions and Comments Welcome!
Copyright 2007 SitNGoTraining.com.
All rights reserved.
Sit 'n Go Poker
Course Outline
Best Calculator
for Sit 'n Go's
Best ICM Tool
for Sit 'n Go's
Best Rakeback Deals
For Sit 'n Go's
Best Book
for Sit 'n Go's
Best Structure
for Sit 'n Go's
SitNGoTraining.com
Bookstore
*taken from http://www.sitngotraining.com
HOW TO SELECT THE RIGHT Sit 'n Go's ?
Selecting the "Best" Sit 'n Go's
How do you measure sit 'n go poker tournaments and determine which is the best? What makes one sit 'n go better than another. Well, that depends on what you are trying to achieve through playing sit 'n go tournaments. If your goal is to play with your buddies from your regular home game, playing at the same site during the same sit 'n go is the "best" for you. If you love to play the lottery, than picking sit 'n go’s that are long shot wins might be “best” for you. However, if your goal is to use skill and patience to make money playing poker online, there is one criteria that overrides everything else—a slow blind structure.
Slow Blind Structure
Sit 'n go poker is different than cash games in that the blinds increase on a scheduled basis. The amount and duration of the blind increase is referred to as the blind structure.
In the upcoming strategy lessons I will teach a tight and aggressive playing style. A tight style is one in which a player primarily selects premium pre-flop starting hands. However, barring the occasional rush, these premium starting hands do not come along that often. In order to have ample time to get the good premium starting hands you must select sit 'n go tournaments with a slow blind structure. Slow blind structures favor the skilled player while fast blind structures favor luck over skill. This does not mean that you cannot play sit 'n go’s with fast blind structures (Turbo events); however, these fast events require a different playing strategy than is outlined in these lessons.
High Volume
Another important consideration is the number of people playing at each site. If the site has a low volume of players, you might have to wait a considerable amount of time for a sit 'n go tournament to fill up and start. So you want to select a site with a high volume of players. This is particularly important when you move up to the higher buy-in levels where the player pool is much smaller. In addition, sites that accommodate players from the US typically have higher volume than those that do not.
The Verdict
Of the poker sites that accept US players, Full Tilt and Poker Stars have the best blind structure and the most volume. Full Tilt has a slightly slower blind structure than Poker Stars and is therefore considered the best structure for sit 'n go's. Poker Stars is currently the largest site and is considered the highest volume for sit 'n go's. You will do fine picking either or both sites.
Sign-up Bonuses
Both Full Tilt and Poker Stars offer sign-up bonuses. A sign-up bonus is an incentive offered by the site to encourage you to open an account with them. Typically the site will match your initial deposit up to a certain amount and release the matched amount in increments as you play on their site. Only sign up with sites offering a 100% bonus, otherwise you are leaving money on the table. If you do not have an account at Full Tilt or Poker Stars I have included links below will get you the sign-up bonus.
Full Tilt Poker:
Best Structure
for Sit 'n Go's
Poker Stars:
Highest Volume
for Sit 'n Go's
Once you have an account set up, you are ready to learn and apply the winning strategies for sit 'n go tournaments. During the next lesson we will discuss EV and M-Zone and why these two measurements are important to a winning sit 'n go tournament strategy.
*All this post was taken from sitngotraining.com...to find out more go to sitngtraining.com
How do you measure sit 'n go poker tournaments and determine which is the best? What makes one sit 'n go better than another. Well, that depends on what you are trying to achieve through playing sit 'n go tournaments. If your goal is to play with your buddies from your regular home game, playing at the same site during the same sit 'n go is the "best" for you. If you love to play the lottery, than picking sit 'n go’s that are long shot wins might be “best” for you. However, if your goal is to use skill and patience to make money playing poker online, there is one criteria that overrides everything else—a slow blind structure.
Slow Blind Structure
Sit 'n go poker is different than cash games in that the blinds increase on a scheduled basis. The amount and duration of the blind increase is referred to as the blind structure.
In the upcoming strategy lessons I will teach a tight and aggressive playing style. A tight style is one in which a player primarily selects premium pre-flop starting hands. However, barring the occasional rush, these premium starting hands do not come along that often. In order to have ample time to get the good premium starting hands you must select sit 'n go tournaments with a slow blind structure. Slow blind structures favor the skilled player while fast blind structures favor luck over skill. This does not mean that you cannot play sit 'n go’s with fast blind structures (Turbo events); however, these fast events require a different playing strategy than is outlined in these lessons.
High Volume
Another important consideration is the number of people playing at each site. If the site has a low volume of players, you might have to wait a considerable amount of time for a sit 'n go tournament to fill up and start. So you want to select a site with a high volume of players. This is particularly important when you move up to the higher buy-in levels where the player pool is much smaller. In addition, sites that accommodate players from the US typically have higher volume than those that do not.
The Verdict
Of the poker sites that accept US players, Full Tilt and Poker Stars have the best blind structure and the most volume. Full Tilt has a slightly slower blind structure than Poker Stars and is therefore considered the best structure for sit 'n go's. Poker Stars is currently the largest site and is considered the highest volume for sit 'n go's. You will do fine picking either or both sites.
Sign-up Bonuses
Both Full Tilt and Poker Stars offer sign-up bonuses. A sign-up bonus is an incentive offered by the site to encourage you to open an account with them. Typically the site will match your initial deposit up to a certain amount and release the matched amount in increments as you play on their site. Only sign up with sites offering a 100% bonus, otherwise you are leaving money on the table. If you do not have an account at Full Tilt or Poker Stars I have included links below will get you the sign-up bonus.
Full Tilt Poker:
Best Structure
for Sit 'n Go's
Poker Stars:
Highest Volume
for Sit 'n Go's
Once you have an account set up, you are ready to learn and apply the winning strategies for sit 'n go tournaments. During the next lesson we will discuss EV and M-Zone and why these two measurements are important to a winning sit 'n go tournament strategy.
*All this post was taken from sitngotraining.com...to find out more go to sitngtraining.com
POKER Book Recommendations
Book Recommendations
Shopping Cart Poker Books
Poker
Sit 'n Go Strategy
by Collin Moshman
$16.47 How to Beat Sit 'n' Go Poker Tournaments
by Timothy Neil
$10.17 Earn $30,000 per Month Playing Online Poker...
by Ryan Wiseman
$13.57
Harrington on Hold 'em Expert Strategy for ...
by Dan Harrington
$23.48 Harrington on Hold 'em Expert Strategy for ...
by Dan Harrington
$19.77 Harrington on Hold 'em: Expert Strategies f...
by Dan Harrington
$23.48
Phil Gordon's Little Green Book: Lessons an...
by Phil Gordon
$14.28 Phil Gordon's Little Blue Book: More Lesson...
by Phil Gordon
$14.28 The Full Tilt Poker Strategy Guide: Tournam...
by Andy Bloch
$19.79
Shopping Cart Poker Books
Poker
Sit 'n Go Strategy
by Collin Moshman
$16.47 How to Beat Sit 'n' Go Poker Tournaments
by Timothy Neil
$10.17 Earn $30,000 per Month Playing Online Poker...
by Ryan Wiseman
$13.57
Harrington on Hold 'em Expert Strategy for ...
by Dan Harrington
$23.48 Harrington on Hold 'em Expert Strategy for ...
by Dan Harrington
$19.77 Harrington on Hold 'em: Expert Strategies f...
by Dan Harrington
$23.48
Phil Gordon's Little Green Book: Lessons an...
by Phil Gordon
$14.28 Phil Gordon's Little Blue Book: More Lesson...
by Phil Gordon
$14.28 The Full Tilt Poker Strategy Guide: Tournam...
by Andy Bloch
$19.79
Video for beginners
If you are NEW to Texas hold'em please watch video at the top of the page...it will help you a lot in understanding the game better...
its been done by Phil Gordon - one of the best poker authors out there now
its been done by Phil Gordon - one of the best poker authors out there now
NO MORE PAYTRU CARD ON POKERSTARS
For some unknown reason to me Pokerstars has changed the way you can deposit funds again...Meaning you CANT use paytru card anymore!!!Why?
I have no idea,there better be a good reason for that since that was the only way i could deposit funds on their page.
Does anyone else have the same problem?
I have no idea,there better be a good reason for that since that was the only way i could deposit funds on their page.
Does anyone else have the same problem?
Saturday, December 8, 2007
January in Tunica
I just booked my trip to Tunica , MS from 12.08.2008. to 12.12.2008.
and I'm looking forward to play my first WSOP circuit event...
Here is the rest of the schedule for the WPT circuit event at Gold Strike casino Tunica:
2008 WORLD POKER OPEN (WPT)
01-03-2008 to 01-23-2008
Gold Strike Hotel Casino
1010 Casino Center Drive - Robinsonville, MS
COMPLETE TOURNAMENT SCHEDULE
EVENT DATE & GAME TYPE BUY-IN + ENTRYDAY 1 START TIME
Fri, Jan. 04
No-Limit Hold'em Event 1 $300 + $40
10:00 AM PST
to see more go to cardplayer.com
and I'm looking forward to play my first WSOP circuit event...
Here is the rest of the schedule for the WPT circuit event at Gold Strike casino Tunica:
2008 WORLD POKER OPEN (WPT)
01-03-2008 to 01-23-2008
Gold Strike Hotel Casino
1010 Casino Center Drive - Robinsonville, MS
COMPLETE TOURNAMENT SCHEDULE
EVENT DATE & GAME TYPE BUY-IN + ENTRYDAY 1 START TIME
Fri, Jan. 04
No-Limit Hold'em Event 1 $300 + $40
10:00 AM PST
to see more go to cardplayer.com
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