Posted Wed Jul 19, 2006 6:46 am GMT by Rio
I just wanted to post my first thread. I am new to this site and new to online poker. I decided to go with PartyPoker.com and GoldenPalacePoker.com. I have been playing the .10/.25 tables at PartyPoker and have been liking it a lot.
I am eventually looking to make some sid emoney from playing online, but really just want to get used to it and get experience right now.
My question is:
Are tournaments the way to go for making some money online? I see that some tournaments go as low as $6 buy-in. Does this mean that I pay $6 and am in for the tournament until somebody breaks me?
Thanks for helping a noob. We all have to start somewhere.
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Posted Wed Jul 19, 2006 7:29 am GMT by Jernej Zorec
hi and welcome to the forums
as far as what is better it all depends
in tournaments u can go on long straks without cashing, but when u do manage to win its usually a nice amount compared to the buyin.
Cashgames have swings also but i think u can make a more steady income with them,
ofcourse its all diferent form person to person u just need to find out what suits u better.
and u are right about tournaments u pay 6$ and play untill u either win or get busted.
i also see u asked how long to SNG's take in other thread,
turbos last to about 40 min, the normal ones take a bit longer
best advice would be to try play some playmoney ones just so u see how it goes
Posted Wed Jul 19, 2006 7:31 am GMT by Rio
Thanks for the quick reply. I thought of something else with tournaments. Is the $6 buy-in good for a certain amount of chips like a live tournament or does my bankroll deplete with every blind I post?
Posted Wed Jul 19, 2006 7:55 am GMT by Jernej Zorec
no
in tournamnts u buy in for instance 6$
and u will get for instance 3000 tournament chips (patypoker multi table tournaments),
if u loose those chips u only lost the 6$ u bought in with nothing more
Posted Wed Jul 19, 2006 8:02 am GMT by Rio
Excellent. Sorry for all teh questions, but you are helping me out a lot here. What is the difference between teh regular and turbo SNGs? I am using Party Poker at the moment. Also, any other hints you can give me on tehem? Are they played at certain times? How far in advance do I need to register?
Posted Wed Jul 19, 2006 8:08 am GMT by Rio
I'm actually on teh PartyPoker site reading the rules and guidelines for SNGs now, so I apologize. This may be something I look into playing tonight. Probably a single table at least.
But I still have questions between turbo and regular.
Posted Wed Jul 19, 2006 8:32 am GMT by pokerpro888
The blinds go up faster in turbos, and you have less time to make a decision before your cards are automatically checked/folded.
Posted Wed Jul 19, 2006 8:55 am GMT by supafrey
Turbos are normal SNGs on speed. Faster play, less back and forth fancy jabbing - simple ABC poker and people playing very quick and aggressive. Personally I like the slower stuff. It's a preference thing. There's money everywhere.
By the way: Nobody minds questions here. Don't worry. =)
ERr about your other questions (not sure if you found the answers on the site..)
SNGs on party fill up very fast. Registering at any time usually leads to the cheaper tourneys starting very shortly thereafter. The tourney starts as soon as all the available seats are filled. Like already said, you get a certain number of chips (at party I think it's 2000 for the cheaper tourneys and 2500 for the more expensive and slower ones) and you can only lose your original buyin costs.
As for making money at pokerrrrrr.. errr.. good luck? You can make it from any game. Enjoy.
Posted Wed Jul 19, 2006 8:59 am GMT by Rio
| Quote: | | As for making money at pokerrrrrr.. errr.. good luck? You can make it from any game. Enjoy |
Not sure I understand that line, but I guess an amount of lucj is involved. I'm not looking to make major money, but a few extra bucks on the side is nice every once in awhile. I just enjoy playing.
Posted Wed Jul 19, 2006 9:01 am GMT by supafrey
| Rio wrote: | | Quote: | | As for making money at pokerrrrrr.. errr.. good luck? You can make it from any game. Enjoy |
Not sure I understand that line, but I guess an amount of lucj is involved. I'm not looking to make major money, but a few extra bucks on the side is nice every once in awhile. I just enjoy playing. |
I just meant to say that it's possible from any version of poker. Tourneys... Cash games... SNGs... bigger tourneys... doesn't matter. There are people on this site profitable in a range of games.
Posted Wed Jul 19, 2006 9:03 am GMT by Rio
Gotcha. I have been playing regular ring games and have been doing okay. I just thought tournament play might speed that up a little bit and get me into bigger and better things.
Posted Wed Jul 19, 2006 9:10 am GMT by supafrey
| Rio wrote: | | Gotcha. I have been playing regular ring games and have been doing okay. I just thought tournament play might speed that up a little bit and get me into bigger and better things. |
hehe it's not always a race.
And SNGs are smaller tourneys - 10 people usually. It's hard to win "big bucks" when you're playing such small stuff but that doesn't mean it isn't worth it. Cash games often have alot more earning potential (especially no limit) than SNGs, but there's very little that can outearn consistently beating a steady stream of 5-20 sngs at a time.
Like I said. There's winners and losers of all amounts at all games. It's just a personal choice.
Posted Wed Jul 19, 2006 9:13 am GMT by Rio
Point taken. Maybe I'll stick to cash games until I get my bankroll where I want it. Then maybe go into some SNGs. I wanted to gaint eh experience of some small SNGs, but I also want them to be worth the 2 hours of sitting there.
If I could make more in cash games given teh same amount of time, I may stick with them for now.
Posted Wed Jul 19, 2006 9:15 am GMT by supafrey
Make sure you read up on bankroll management. Most important aspect of EITHER game for a beginner. I wrote an article on here that you can search for in the forum search button, but there's countless others.
Posted Wed Jul 19, 2006 11:30 am GMT by khaosanroad
How long since you started Party? you may still be able to play the beginner tables which have blinds lower than the usual .10/.25
If you're bankroll is less than 500 you may want to try the beginner tables.
Posted Wed Jul 19, 2006 11:57 am GMT by Rio
| Quote: | | How long since you started Party? you may still be able to play the beginner tables which have blinds lower than the usual .10/.25 |
I actually just started Party yesterday. I am playing the .10/.25 tables currently though. That is where I am comfortable for my initial deposit of $50. I want to get the feel for it. We had bad storms and my internet connection was off and on, so I only played 14 hands last night.
I only lost .60 total though. Not bad.
Posted Wed Jul 19, 2006 4:54 pm GMT by Jefecaminador
50$ isn't enough to play .10/.25 no limit. A general rule of thumb is you want at a minimum 10 buy ins (the max you can bring to the table), and most people say to have 20. This means to play .10/.25 you should have at least 250$. I know it sounds like a lot, but if you take a couple of bad beats, you can lose out on your 50$ pretty quickly. You should try to stick to the beginner tables for now.
Posted Thu Jul 20, 2006 6:13 am GMT by Rio
Okay, I found that out last night. I lost $35. Should I be okay with $28 left in my account playing NL$10? I did have a few bad beats last night and that really put me under on some bigger pots for that level.
Posted Thu Jul 20, 2006 10:48 am GMT by lwestatbus
You said that you were new to online but didn't say (in this post) how much poker experience you have. You should consider part of your initial months of play as an investment in your poker education. Maybe you don't need it--if so just ignore this. Be willing to pay for the education.
I like ring or regular play for this because you can control the pace. If you encounter an unusual situation or player you can quit, sit out and watch for a while, or stick with it. You can't do this in tourny as your buy-in is committed.
I recommend sticking to the smallest stakes available until you can win at them consistently, over a couple of months, or six. This lets you see that your play is steady enough to win AND builds your bankroll to move up to the next level.
My two cents on bankroll: I will buy into a game with 20 times the big bet for fixed limit cash games. This is much lower than the usual recommendation but if I lose it at a game I quit and try again another day. I deposited to the site with 3 x what I was willing to lose in a month. Fortunately I never had to test my resolve as to what I would do if I lost my monthly quota.
Finally, if you are new to serious poker (which can still be fun) I recommend that you combine your low limit play with a good book. Target the book to what you will play, limit/no limit, tourny/cash, etc. Then try to relate your experience to your reading and identify the holes in your game.
GL and welcome to the site.
Posted Thu Jul 20, 2006 11:21 am GMT by Rio
lwestatbus,
Thanks for the advice. I have some poker experience, not a great deal, but enough to know the game. I am definitely learning and growing online and want to get into a lot more live and online games. Of course, like everyone else, I have the other commitments (work, family, etc.) that come first, but am trying to find the time to put in to learning and increasing my skills. I will definitely heed teh advice to go with the lowest limits I can find after losing $35 last night at $25NL.
I will try to turn my modest bankroll into something I can work with. It will take time to become average, let alone good.
Thanks again.
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