What is bankroll management again?

Firstly, had a great holiday, it was lovely to get away and do nothing but it went all too quick. Was also good to have a break from poker, although I bought Poker Player mag on the way out so it wasn't completely gone from my mind.

Well, its Saturday right now and I have averted disaster! I will start from the beginning of when I got back from my holiday. I logged into my Interpoker account and was pleased to see that I had been awarded about £60 in rakeback for July which was nice, this meant my bankroll was about £210. Since then I played lots of £0.10/£0.20 and £0.15/£0.25 in an attempt to attempt some sort of bankroll management. Although not ideal because I still didn't have enough buy-ins it was the lowest I was prepared to play.

I had mixed results with these stakes, I would win a lot in one room then lose in others at the same time, and I never really got anywhere and began to drop £10-£20 every time I played. I would be running over one table but losing in others and it was very frustrating, alot of the players at these levels have very small stacks and never top up and it can be very annoying. This hand here made me laugh tho so I just had to include it, an example of how I sometimes owned the table (note my stack size compared to the others and my username is ironmonk).


Game #5361205464: Hold'em NL (£0.10/£0.20) - 2007/08/09 - 23:13:30 (UK)
Table "Euristi" Seat 1 is the button.
Seat 1: Janos0703 (£5.94 in chips)
Seat 2: ironmonk (£77.63 in chips)
Seat 3: Mindgame (£23.89 in chips)
Seat 4: Pau141159 (£6.17 in chips)
Seat 5: _ohfuk_ (£9.92 in chips)
Seat 6: ric1000 (£35.69 in chips)
ironmonk: posts small blind £0.10
Mindgame: posts big blind £0.20
----- HOLE CARDS -----
dealt to ironmonk [Th Ad]
Pau141159: folds
_ohfuk_: folds
ric1000: calls £0.20
Janos0703: folds
ironmonk: raises to £0.80
Mindgame: folds
ric1000: calls £0.60
----- FLOP ----- [7c 7s 3s]
ironmonk: bets £1
ric1000: raises to £2
ironmonk: raises to £3
ric1000: folds
Returned uncalled bets £1 to ironmonk
ironmonk: doesn't show hand
ironmonk collected £5.51 from Main pot
----- SUMMARY -----
Total pot £5.80 Main pot £5.51 Rake £0.29
Board [7c 7s 3s]
Seat 2: ironmonk (small blind) collected £5.51
Seat 3: Mindgame (big blind) folded before Flop (didn't bet)
Seat 4: Pau141159 folded before Flop (didn't bet)
Seat 5: _ohfuk_ folded before Flop (didn't bet)
Seat 6: ric1000 folded on the Flop

LOL. Anyway, this morning I started with about £130. I had 2 huge coolers that cost me pretty dear, one hand where I had 55 and the flop was 4 5 9, he ended up having 99 for a £78 pot, at a £25 room! Then later, against the same guy I had K10s flop had two spades, spade on the turn, he had A5s for a £50ish pot - what can u do?!

Anyway my roll went down to about £110 or so and it was then that I got fed up and moved to $2/$5 and sat with $200. When I was doing this I was telling myself it was a bad idea but I just didn't care and did it all the same. Well, needless to say I eventually lost it all when my AKd was no match for 67s despite re raising massive pre flop. I was mega depressed then but still wanted to play, and luckily I had my last £50 in my bank. I deposited this and then lost £12 straight away in £0.50/£1. Deciding I was bored I went to play heads up at £0.50/£1. I sat with someone who had £20 and stacked him, someone else sat down and I stacked him then a girl sat down and I stacked her twice. However I was down to just £6 at one point, my last £6, before pulling it all back, phew! At this point I was up to £105 and then someone with a £100 stack sat in. We were pretty even really but i was up about £20 off him. Then I started getting bored with the tooing and froing and was raising a lot more. I made it £4 with AQ on the button and he pushed all in (which he had done once before). I was fed up with him so I called the raise and he had 77, the flop bought a Q and a 7 and I lost the big pot and was down to £22 roughly.

The very next hand I got dealt AJ and pushed pre flop, he called with KJ and a K hit the flop along with 2 hearts, this pissed me off but then the turn came a heart and a miracle heart came on the river to go with my Jh and I doubled up. I later then doubled up agaisnt him with JJ against his 88 AIPF. He suddenly became massively aggressive raising to £5 pre flop frequently. He made it £4 and I had JQs and called. Flop came J Q x rainbow, I checked, he bet £8 and I went all in. He called with 9 10 and missed, he then left and I was left with £175. I left the room as well at this point and withdrew the £50 I had deposited earlier to make myself even. I then sat with £100 in £1/£2. I did OK, then made a mega call with a pair of 3's on the river for a £100 pot ( I had a veeeeery good read). I soon left and joined the 10 seater £1/£2 with £100 room where I still sit now. These following two hands against the same person happened:


Game #5382107474: Hold'em NL (£1/£2) - 2007/08/11 - 20:08:37 (UK)
Table "Mildura" Seat 5 is the button.
Seat 1: vortex49 (£80.90 in chips)
Seat 2: luckbox (£220.80 in chips)
Seat 3: who_the_h (£212.90 in chips)
Seat 5: Jose_pipe sits out
Seat 6: animalgod (£198 in chips)
Seat 7: Rob100540 (£200 in chips)
Seat 8: ironmonk (£98 in chips)
Seat 9: fiveaces (£83.37 in chips)
Seat 10: Shark23 (£225.45 in chips)
animalgod: posts small blind £1
Rob100540: posts big blind £2
----- HOLE CARDS -----
dealt to ironmonk [Td Ts]
Jose_pipe sits back
ironmonk: raises to £6
fiveaces: folds
Shark23: folds
vortex49: raises to £10
luckbox: folds
who_the_h: folds
animalgod: folds
Rob100540: folds
ironmonk: calls £4
----- FLOP ----- [9c 5h 6h]
ironmonk: checks
vortex49: checks
----- TURN ----- [9c 5h 6h][9h]
ironmonk: bets £8
vortex49: calls £8
----- RIVER ----- [9c 5h 6h 9h][6s]
ironmonk: bets £10
vortex49: raises to £62.90 and is all-in
ironmonk: calls £52.90
----- SHOW DOWN -----
vortex49: shows [5c Qc] (Two Pairs, Nines and Sixes, Queen high)
ironmonk: shows [Td Ts] (Two Pairs, Tens and Nines, Six high)
ironmonk collected £161.80 from Main pot
----- SUMMARY -----
Total pot £164.80 Main pot £161.80 Rake £3
Board [9c 5h 6h 9h 6s]
Seat 1: vortex49 showed [5c Qc] and lost with Two Pairs, Nines and Sixes, Queen high
Seat 2: luckbox folded before Flop (didn't bet)
Seat 3: who_the_h folded before Flop (didn't bet)
Seat 6: animalgod (small blind) folded before Flop (didn't bet)
Seat 7: Rob100540 (big blind) folded before Flop (didn't bet)
Seat 8: ironmonk showed [Td Ts] and won (£161.80) with Two Pairs, Tens and Nines, Six high
Seat 9: fiveaces folded before Flop (didn't bet)
Seat 10: Shark23 folded before Flop (didn't bet)

Then shortly after:


Game #5382108994: Hold'em NL (£1/£2) - 2007/08/11 - 20:23:40 (UK)
Table "Mildura" Seat 2 is the button.
Seat 1: vortex49 (£211 in chips)
Seat 2: luckbox (£241.55 in chips)
Seat 3: who_the_h (£214.60 in chips)
Seat 4: Kaiser004 (£60 in chips)
Seat 5: Mr_thyr (£80.98 in chips)
Seat 6: animalgod (£230 in chips)
Seat 7: Rob100540 (£212.70 in chips)
Seat 8: ironmonk (£155.90 in chips)
Seat 9: fiveaces (£69.37 in chips)
Seat 10: Shark23 (£203.55 in chips)
who_the_h: posts small blind £1
Kaiser004: posts big blind £2
----- HOLE CARDS -----
dealt to ironmonk [4d 4s]
Mr_thyr: folds
animalgod: folds
Rob100540: folds
ironmonk: calls £2
fiveaces: folds
Shark23: folds
vortex49: raises to £4
luckbox: folds
who_the_h: folds
Kaiser004: folds
ironmonk: calls £2
----- FLOP ----- [9c Kd 3h]
ironmonk: checks
vortex49: checks
----- TURN ----- [9c Kd 3h][3c]
ironmonk: checks
vortex49: bets £2
ironmonk: calls £2
----- RIVER ----- [9c Kd 3h 3c][4c]
ironmonk: bets £149.90 and is all-in
vortex49: calls £149.90
----- SHOW DOWN -----
ironmonk: shows [4d 4s] (A Full House, Fours full of Threes)
vortex49: shows [8c Tc] (A Flush, Ten high)
ironmonk collected £311.80 from Main pot
----- SUMMARY -----
Total pot £314.80 Main pot £311.80 Rake £3
Board [9c Kd 3h 3c 4c]
Seat 1: vortex49 showed [8c Tc] and lost with A Flush, Ten high
Seat 2: luckbox (button) folded before Flop (didn't bet)
Seat 3: who_the_h (small blind) folded before Flop (didn't bet)
Seat 4: Kaiser004 (big blind) folded before Flop (didn't bet)
Seat 5: Mr_thyr folded before Flop (didn't bet)
Seat 6: animalgod folded before Flop (didn't bet)
Seat 7: Rob100540 folded before Flop (didn't bet)
Seat 8: ironmonk showed [4d 4s] and won (£311.80) with A Full House, Fours full of Threes
Seat 9: fiveaces folded before Flop (didn't bet)
Seat 10: Shark23 folded before Flop (didn't bet)

And I now sit on a £300 stack with £8 in the roll. So it worked out for me but I think I will go back to some sort of bankroll management now, I have had a lucky streak. Although I could just try and spin up even more.....lol. This brings me up to date, sorry if anyone reads this that this post was so long. I now have a bigger roll than I did on Wednesday tho so for the time being at least I am happy.

Bankroll - £310ish.