Friday, 11 January 2008

Bankroll Management

One of my New Year Poker Resolutions was to practice Bankroll Management. Given that I usually only deposit £30 or so into BlueSq at a time to play in the APAT Online Series, I realised that I should be building my bankroll at a much lesser level than the $0.50/$1 I usually play.

Giving into temptation to just re-deposit, I use this as an opportunity to see what I can do with the $1 left in my account by seeing how much play I can have at the 2c/4c levels. The answer is surprising as I hit $10.82 within an hour - just 18c short of my goal of being able to enter the $11 APAT Czech Republic Open on BlueSq. Well, making that 18c is easier said than done and after donking back down to below $8 I decide it's time for a break.

I still want to play more poker as I'm home alone tonight, so I go looking for Tournaments where I can use the 3,000+ tournament points I've accumulated on BlueSq. I find a 10 seat 200KO Points satellite to a $2,000 Turnament Points BuyIn Tourney being run on Saturday night at 21:00. I give it a go and I take it down with some patient tight passive play in the early stages - whilst all the idiots still want to push with A6o pre-flop just because they have the button. It's now full at 2000 runners. At $100 for 5th, that's what's required in my eyes to make it almost worthwhile.

I'll be playing tomorrow night with one eye as always, on the APAT Forum. The Welsh Open is on tomorrow night and I will be watching it with interest. I'm gutted I didn't qualify to play in it and that, due to the amount of dosh we've splashed out over the past 3 months on Vegas, Christmas and Wedding stuff, me asking to rip another £200 out of the scarily low bank account to go play poker would really have landed me in the dog-house.

So good luck all, especially all the Scots and my picks on the Forum - Michael 'Plastikman' King, Wayne 'ThePiranha' Gardiner and Gordon 'GiMac' McArthur.

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