*** OFFICIAL Dan Druff +EV Show Thread for 8/14/08 ***, Bankroll management

Tim is a very good poker player and beats most of the games and opponents he plays. He even has a few big tournament cashes under his belt. But Tim is broke, and in fact owes money to countless people, needing a big score just to be debt-free.

Mark is also a very good poker player, though he's not even quite as good as Tim. However, Mark has never lost more than 15% of his bankroll at any point, and he keeps getting richer as time passes.

If Tim is actually a slightly BETTER player than Mark, why is Tim broke while Mark is rich?

The answer: Bankroll management. It's the second-most important skill to have as a professional poker player, behind the raw ability to win.

If you have bankroll management problems and can't seem to keep a roll together, despite often winning in poker, then this show is for you.

Topics:

- General bankroll management discussion
- 'Heebing' and how it can actually work to build a roll
- When to take shots at bigger games, and how to play when you do
- Why most poker players are broke
- Game selection and its close association with bankroll
- Other gambling - Sports, blackjack, etc. and its affect on your bankroll
- Staking, buying pieces of players, and being staked/selling yourself
- General attitude about money
- Bad debt collection from other degenerates

I guarantee that if you listen to this show and follow the advice given, you will see surprising gains in your overall net worth, especially if you have bankroll management problems.

Call in number : (702) 430-1808
Show start time: 7:00pm Pacific time on Thurs, 8/14 (today)

Tim = Dustin
Mark= Todd

i may have to listen to this

this sounds like there will be lots of usefull info.
druff please elaborate on good stratagie when taking a shot
in a game that is too big for your bankroll i have never herd this
talked about before. ty

I win rarely in poker and manage to keep a bankroll, but im a gnit

And it's on! (This is a 7-minute song though, so you have a little time!)

i hear the rockamints

Good shit Druff can't wait to hear it

I've been hoping for a comprehensive discussion of this topic especially since I only very recently started playing for real money online.

This kid's made millions off of his reads. I'm sure of it.

heeb ran it up from 75 dollars to 45k , then 200 to 60k then a bunch of 2k-15k runs

loving the scholarly use of the word "heeb"

Druff what do you think about what Chris Ferguson did? (Starting from basically nothing and building a nice b.r.?)

its almost impossible, ive done it from free rolls to few hundred bucks, but making a reasonable hourly rate is not possible. its better to go get a job and just throw down on a game you can afford...

-edit Ferguson also did this because he's rich an can afford to play micro stakes all day and still eat.

Do you think you can move down too low?

I find myself playing lower limits online than I do live and having problems, However when I move up to an amount of money I seem to care more about I do better.

He didn't heeb. He followed strict BR management guidelines.

I got a chuckle out of the comment about the guy who brings $927.14 to the H/U table. I sometimes use this as a tactic to make people think I'm full rolling (bring an obscure amount to a H/U table). Anything to get in the opponents head.

he started from 0 and only played freerolls to reload.

He did with br management, if he lost some of it he would move down and so forth,

-flag me obv, missed it by a sec...