Thank you for doing this! Very awesome of you to do. Could you tell us what your BRM strategies are? Thanks in advance!
what do you think about pokerstars limiting multitabling to 4 tables? do you think that this will change somehow the way people play? A little more loose perhaps?
Thanks
Hi Nathan,
I watch all your youtube videos and have read your first book. I have a rather specific question. I was wondering if you would be kind enough to post some of your longest break even stretches / downswings at the small stakes. It would be really nice for me to see them just so I can say "hey, BlackRain has downswings too, even at the small stakes"
Also, do you still play often, or is poker just not that fun for you any more and live off your poker site revenues?
Many thanks.
It's great to have you aboard, Nathan! I will be watching the thread with interest!
Hi Nate the great,this is really awesome! I've read your answers thus far & they've all been genuine & down to earth.
My question would be how do you stay disciplined with regard to BRM say if you've got a goal & you hit a downswing taking shots (this is a mind state question I guess).. & more specifically for e.g how many bb should I buy in with, how many buyins for a day (if you use a stop-loss)? I've started experimenting with 40bb its perfect if you've got a small bankroll & wanna move up.
Would be nice to hear your experiences throughout the years with regards to downswings, BRM, discipline, travel rake [emoji51][emoji106][emoji120][emoji847][emoji847][emoji847]
Hi Nathan,
Always keep up with your channel, you always give a straightforward, truthful take on the micros.
I've started trying to work my way up the stakes and see where that gets me. Luckily I hit a "rhythm" with NL2 early on and posted 11bb/100 over a 10000 sample size. Had a bit of confidence and moved to NL5 where I've posted 7.5bb/100 over another 10k sample.
Now I know those samples could be bigger, which is my question.
If I'm trying to move up how long would you wait to "prove" to yourself that you can beat a given stake?
Thanks in advance and thanks for doing this!
SG
Nice to see you being even more active on our forum. I totally agree that this is the forum that pays off its members in so many ways.
Thank you for taking time to be here and respond to our questions.
I'm a big fan of your videos and satisfied consumer of Crushing the Microstakes (and the study group that this forum created with it a few years back). For 2019/2020, are there things about that book that you would change?
Hey TheGenera1
Thanks for being a big supporter of my work!
Oh man, I have had some brutal ones. I have touched on this in a few articles on my website before. I have almost quit poker so many times over the years because I hit the downswing from hell.
I have gone months without posting any kind of profit many times throughout my poker career and in terms of hands, I have gone through 100k+ without winning.
This is why I say all the time that I believe 100k hands is a bare minimum to draw any conclusions about your poker results.
People think I am crazy and I understand that many people do not even play 100k hands in a year. But I know for a fact that you can run significantly below EV (expected value) even over stretches of hands this long.
I still play poker as much as I can. I consider myself semi-pro now. But my poker website and youtube channel alone are a full time job now.
Hey SG,
Thanks for following my work! Great results also by the way.
This is a bit of a tough question because variance can be so crazy in poker. I usually say 20k hands to draw a few conclusions, 50k to be fairly certain and 100k to be highly certain.
Now with all that said, for somebody like you who smashes NL2 for 11bb/100 over a still reasonable sample of 10k hands, I don't think there is any reason why you shouldn't move up.
Because depending on your goals in this game, there is a lot of opportunity cost of playing a huge number of hands at a certain limit just to prove to yourself that you can beat it.
I would say that if you are having big success over say a minimum sample of 10k hands like you did, then you should take a shot at the next limit. Worst thing that happens is you fail (which will happen a lot no matter what you do, like I just talked about above in another reply), and you move back down for awhile.
You also always learn a lot from your move up attempts. Many of my failed shots at playing higher stakes have actually been my greatest learning experiences. Especially if I feel like I got outplayed.
Hope this helps.
Hi Nathan
Is GTO poker the new ABC poker?
ABC poker you play your hand not the opponent.
GTO poker you just play your range correct?
I advocate a style of play for the lower stakes that is perhaps somewhere in the middle of both of these. It is often called "exploitative strategy" these days. Some people also call it "playing the player."
Thanks for the kind words azforlife!
I think the thing to always remember with BRM (bankroll management for those reading this that don't know), is that even the best players in the world regularly have to move down.
Because when you are taking a shot, there is always a large element of short term luck involved. Even if you found a really good game against some rec players where you have a large edge, if they cooler you in a couple big hands (KK into AA etc.), that's it for you and you need to move back down.
So with regards to being disciplined with taking shots, I think the best thing to remember is that it is about moving both up and down. Most people just focus on the up part. You should be prepared to fail again and again when taking shots in poker.
With regards to what amount to buy-in for, I already touched on that a bit above in another question, but I have always been a full stack player, 100bb. This doesn't mean that I think buying in short can't work for some people in some situations, it's just not my area of expertise.
Although I did actually even write a big article on that lol. My guide to optimal 50bb poker strategy:
https://www.blackrain79.com/2017/11/50bb-poker-strategy.html
I always recommend for people to learn full stack at some point at least though because if your aim is to be the best player at the table each time you sit down to play, then this is how you are going to exercise your edge to the fullest.
Hi Nat,
Many Pros and Coaches, including you, teach about not to open limb. It means weakness and also not maximizing your win on that hand.
I actually limb it purposely on EP knowing that someone will at least min raise me behind. My objective is to 3bet on min raise or shove all in on anything that is raise 5x and above.
Oh and i do this only when i'm having QQ+.
Sometimes i got no raiser which allow the SB & BB get to see the cheap flop, but it's like 80% of the time i get a raise behind.
Am i doing it right to open limb on this occasion?
Hey Nate,
Yeah the idea of moving down after losing is a big leak of mine. Chronic sufferer of chasing losses but it's definitely something I need to start doing once it happens to make a habit of it. It's so easy to be undisciplined in a field where emotions run high & you're on your own the whole time. It's definitely something I've been thinking about, so thanks for confirming my concerns
With regards to buyins & BB, I'd ideally like to buy in for max as well but I put myself in a situation where I'm never rolled for what I'm about to play. So I agree & will drop this strategy once I'm fully rolled & focus on beating a level squarely like say NL10 & move on NL 20 & so forth.
Appreciate the tips & insight, thanks bro!
Hey Nathan, thanks for doing this. Ya CC really is a great place to learn and share at. And with the additions of the AMA threads it really is helpful. I am a subscriber at your site as well. Looking forward to more articles and answers. Peace.