Still sick... F*** the flu!

Yeah, so i've still got the flue, and i decided not to play poker, because it would be way to expensive, if you know what i mean ;-)

I don't really have anything to blog about, since I'm just laying here on the couch, and nothing special going on.

Altho' i have prepared a little gift for all you guys out there. More on that later. Stay tuned :-)

Sick

No, i didn't get a sick beat - not a bad beat story in here, i promise! ;-)

Altho, i'm sick. I have the flu. And to play poker when you're sick isn't a very good idea... But i did it anyway earlier today. I should not have done that.

For your information, it's not that easy being focused on playing good poker when your nose is running 24/7, you're sneezing, and your body temperature changes constantly.

I decided to stop playing, unfortunately, i didn't stop before i had lost some money. I ended up losing almost -€600. I should have used them on buying Kleenex, tea and blankets, instead i spewed them to one of the best PLO regulars on 24hPoker, but hey, revenge is coming!... when I'm healthy.


That's all for today, sorry for whining, but please bear with me, my body temperature varies between 200000 degrees and -400000... 


- Kristian

World Series Of Poker Main Event live stream!

Here's the link for WSOP Live stream!

http://www.wsop.com/2011/live-video/default.aspx?TID=11497

It should work, works for me :)

Poker site reviews comming up!

The article on game selection will have to wait. I decided to do a poker site review first, i think i'll start with my favourite site, 24hPoker!

I'll post this later this evening.

- Kristian.

Small losing session

I was playing a few hours on 24hPokeryesterday, after the first hour i was up solid €23! But then i started getting unfocused, and people started hitting their draws a little better than they usually do.

Nothing special there, it happens from time to time that you have a unlucky day.
Fortunately, when things were going bad, and i getting cold cards, my Hold'em Manager decided to crash on me, which made me think i'd better stop for the day. I ended the day in -€733. Could have been alot worse :) 

Besides that, there's not much to say about the events of the last 24 hours. I'll probrably be playing some more on  24hPoker tonight, and I've been considering writing an article on game selection, since people liked my Bankroll Management article, i thought i might as well cover all the most important areas in poker.

I think that's all i have to say right now.

Remember to follow me on twitter, and check my blog for updates :)
Thanks
- Kristian

Bankroll management 101

Welcome to my article on bankroll management.

In my opinion, healthy bankroll management, or BRM, is the most important factor, if you want to become a solid, winning, successful poker player.

It doesn't matter what kind of poker you are playing, if it's tournaments, sit and gos, hold'em cash game, omaha cash game, whatever you are playing, no matter what stakes, it is very - VERY important to have solid bankroll management.

Now this might sound very, very dry and boring, but i'm not kidding, this is so vital.
Think of your next deposit, or your current bankroll, as an investment. Don't you want that investment to last as long as possible? Get the highest return? Make you the biggest profit possible?
I thought so, read on...

In the game of poker, there is a lot of variance, depending on what game you are playing, the variance is bigger than others, but more on that later.
This variance, means swings in your results. No one is winning everyday, some very successful poker players even have weeks, months, YEARS where they aren't winning, or not just winning as much as they should be.

For theese players not to go broke, they need to play at stakes where their roll has sufficient funds, that they can afford to play on that limit. Everyone has different opinions on how many buy-ins you should have for each level, but i have created a standard thumb-rule for you guys to use:

For no-limit hold'em cash games:

• For NL10 to NL50 i recommend having 30-40 buy ins for your level if you are playing on a less serious basis. If you are playing seriously, i recommend 50-80 buy ins.
• For NL100 to NL400 i recommend having 50 buy ins for your level if you are playing on a less serious basis. If you are playing seriously, or even pro, i recommend 80-100 buy ins. 
• For NL600 to NL2k i recommend having 100 buy ins, since this is the point where you can't NOT take poker seriously.
  
  For Omaha cash games, it is a very good idea to have a bigger bankroll, since the varians and swings in PLO is higher: 
• For PLO10 to PLO50 i recommend having 50-60 buy ins for your level if you are playing on a less serious basis. If you are playing seriously, i recommend 70-100 buy ins.
• For PLO100 to PLO400 i recommend having 70-80 buy ins for your level if you are playing on a less serious basis. If you are playing seriously, i recommend 100-120 buy ins.
• For PLO600 to PLO2k and above i recommend having atleast 200 buy ins.
  
  
  For multi table tournaments, i recommend having at least 100 buy ins for your level, if you are taking it seriously, but having more can never hurt, since there are some huge swings in MTTs.
  
  For sit'n'go tournaments:
• For full ring SNG's up to $33, i recommend having 40-50 buy ins. 70-80 for turbos. 
• For full ring SNG's up to $109, i recommend having 100-200 buy ins. 150-250 for turbos.
  
  I believe that the same BRM rules apply for 6 max, and HU SNG's, but take the SNG rules with a grain of salt, since i never have been a very serious SNG grinder. 

_______________________________________________________________________
I hope you found some usefull information in the article above, if you have any comments or changes for the article, please comment on this post.

I have not been playing any poker today at all. I just didn't feel like it, i think it had something to do with me playing a lot yester day.

I'll have a new blog ready tomorrow, see you guys there.
Remember to follow me on twitter, @365pokerblog

Thanks.
- Kristian