He recommends 10-15 buyins to play PLO for a living (2 Viewers)

[Anthony Martino]

And he recommends someone with a 1k bankroll just go play 1/2 or 1/3 NL Hold em and "win a few hundred bucks"

Uh, no. If you have 1k in your roll you can't play for a living, you need a fucking job

And to play PLO you need 30-60 buyins to play for a living

How does this guy have 2x my sub count???

 

[ekricket]

How does this guy have 2x my sub count???

Telling people what they want to hear instead of what they need to know

 

[upNdown]

Watched most of that. Waste of my time. Who the hell is this guy?
If you’re down to your last $1k, go buy into a $1/3 NLHE for $300? Or ANY limit game? Right, because I’m sure if you’ve been failing at being a pro PLO player you definitely can beat the guys at the $20/40 stud table - those guys are dummies.

 

[Anthony Martino]

Watched most of that. Waste of my time. Who the hell is this guy?
If you’re down to your last $1k, go buy into a $1/3 NLHE for $300? Or ANY limit game? Right, because I’m sure if you’ve been failing at being a pro PLO player you definitely can beat the guys at the $20/40 stud table - those guys are dummies.

Man is selling that magic cure-all tonic. Losing at poker? Just put a third of your roll into play, what've you got to lose?

 

[Mojo1312]

Disclaimer: I have not watched the video. Simply addressing the number of buy-ins a winning veteran player should have in reserve.

I am currently experiencing my second worst downswing in 10+ years, and I am only down a couple of buy-ins. I attribute a large portion of it to the arena of life where we all get hit by problems beyond our control. I lost $4,000 in commission at the end of the year that I thought was locked up. On the heels of that punch to the gut, I entertained family for a few days after the new year, the same time that a friend of mine broke the news that he and his wife of 26 years were parting ways. Because his life has been about work for the last several years, he didn't have many friends he felt he could turn to. Then of all things, a phone call from a poker player whom I have only known for a couple of months asking for my cooperation in getting a new home game started on short notice. I am lucky that I haven't faired worse.

I am sure you have had to go through similar turbulences at some point. My question is now that you have been doing this for a living for a while, how much has your bankroll fluctuated? Do you believe a seasoned player needs 30 to 60 buy-ins in reserve? The only reason I do is for peace of mind, but I have never had to fall back on it. I have always faired well on the multi day trips I have taken to play at Foxwoods or Chasers against unknowns, which there have been many.

Basically, I find poker to be fairly steady once you gain a certain level of competency. Am I wrong in thinking that way, or is that your experience as well?

 

[Anthony Martino]

Disclaimer: I have not watched the video. Simply addressing the number of buy-ins a player should have in reserve.

I am currently experiencing my second worst downswing in 10+ years, and I am only down a couple of buy-ins. I attribute a large portion of it to the arena of life where we all get hit by problems beyond our control. I lost $4,000 in commission at the end of the year that I thought was locked up. On the heels of that punch to the gut, I entertained family for a few days after the new year, the same time that a friend of mine broke the news that he and his wife of 26 years were parting ways. Because his life has been about work for the last several years, he didn't have many friends he felt he could turn to. Then of all things, a phone call from a poker player whom I have only known for a couple of months asking for my cooperation in getting a new home game started on short notice. I am amazed I haven't faired worse.

I am sure you have had to go through similar turbulences at some point. My question is now that you have been doing this for a living for a while, how much has your bankroll fluctuated? Do you believe a seasoned player needs 30 to 60 buy-ins in reserve? The only reason I do is for peace of mind, but I have never had to fall back on it. I have always faired well on the multi day trips I have taken to play at Foxwoods or Chasers against unknowns, which there have been many.

Basically, I find poker to be fairly steady once you gain a certain level of competency. Am I wrong in thinking that way, or is that your experience as well?

I went through a brutal 2.5 month downswing, most of it variance, some of it bad play

I still definetly recommend 30-60 buyins to play for a living.

A lot of PLO games play much larger than the advertised stakes due to multiple straddles

 

[Lil Tuna]

Watched most of that. Waste of my time. Who the hell is this guy?
If you’re down to your last $1k, go buy into a $1/3 NLHE for $300? Or ANY limit game? Right, because I’m sure if you’ve been failing at being a pro PLO player you definitely can beat the guys at the $20/40 stud table - those guys are dummies.

I beg to differ. If your a failing PLO/NL player, go throw some dice cause you definitely don’t have the patience or reading ability to be a stud player at ANY level.
Just cause you can count outs doesn’t mean you can count cards. Dice is definitely the next stop for those guys.

 

[Anthony Martino]

Why not just go bet it on black and employ the martingale strategy? We can't lose!

 

[Lil Tuna]

Why not just go bet it on black and employ the martingale strategy? We can't lose!

It’ll be much more fun losing it at craps!

 

[Anthony Martino]

It’ll be much more fun losing it at craps!

But if we abuse casino comps roulette is better!

 

[surfik]

His subs reflect his level of professionalism...
People are lazy and like to hear that they are doing fine job.

 

[surfik]

Hey, where is that stream you promised? Can wait to see what happend...

 

[Goldfish]

I just watched the 1st 5 mins of the video. He says the number one killer of poker players is baccarat (as a joke) BUT SO TRUE. I don’t play for a living but I can’t tell you how many times I play poker for 10 plus hours and either win or lose, then either torch the winnings or magnify the lose substantially because I hit the bac table after. The pit is so hard to avoid when I go to the casino. That is one of the main reasons I don’t go anymore (that and because the home games are so much better). I have seen the pit incinerate many professional gamblers. Very sad, but true.

 

[Anthony Martino]

Hey, where is that stream you promised? Can wait to see what happend...

Here is the full stream

I'm releaseing a vlog tmrw with analysis and highlights

 

[Lil Tuna]

I just watched the 1st 5 mins of the video. He says the number one killer of poker players is baccarat (as a joke) BUT SO TRUE. I don’t play for a living but I can’t tell you how many times I play poker for 10 plus hours and either win or lose, then either torch the winnings or magnify the lose substantially because I hit the bac table after. The pit is so hard to avoid when I go to the casino. That is one of the main reasons I don’t go anymore (that and because the home games are so much better). I have seen the pit incinerate many professional gamblers. Very sad, but true.

 

[Machine]

I went through a brutal 2.5 month downswing, most of it variance, some of it bad play

I still definetly recommend 30-60 buyins to play for a living.

A lot of PLO games play much larger than the advertised stakes due to multiple straddles

You can see some of it on the stream In raw footage, he shows how it can be frustrating and you can hear him talking about it, and commentary at the end.

 

[swana]

Also a terrible move is playing craps and then sitting down to play poker... going from so much action / excitement and atmosphere to a game where you actually have to be patient/ thoughtful can be a disaster. Speaking from my most recent experience anyway... going from Ellis Island craps table circus environment to 1/3 NLHE at Ceasars.

 

[Anthony Martino]

I'm fortunate that I never got bit by the bug to play house-edge games, slots, high-stakes full-contact bingo, etc

 

[Goldfish]

View attachment 1059492

This is me after a losing poker night deciding whether to play bac …..

 

[Mojo1312]

There is a certain level of irony regarding bankroll management in that the majority of Americans live paycheck to paycheck. How often do you hear people preaching that one should have a bankroll large enough to support 30 to 60 weeks of household expenses?

Another thought, I calculate my bankroll by number of re-buys in the event that I go on a losing streak, not the number of buy-ins. To me, that is the best way to measure your bankroll, as it addresses the size of the game you are playing in.

 

[Anthony Martino]

This is me after a losing poker night deciding whether to play bac …..
View attachment 1059510

Reminds me of the guy at the table who said he was playing his last hand

3 hours later he's still in the game, missing some stacks of green chips and trying to claw it back

 

[Goldfish]

Reminds me of the guy at the table who said he was playing his last hand

3 hours later he's still in the game, missing some stacks of green chips and trying to claw it back

I spend most poker nights playing like an ass for the first hour then spending the rest of the night chasing my money. If I was dependent on poker to earn a living I would be living in a box in two weeks.

 

[Anthony Martino]

There is a certain level of irony regarding bankroll management in that the majority of Americans live paycheck to paycheck. How often do you hear people preaching that one should have a bankroll large enough to support 30 to 60 weeks of household expenses?

Another thought, I calculate my bankroll by number of re-buys in the event that I go on a losing streak, not the number of buy-ins. To me, that is the best way to measure your bankroll, as it addresses the size of the game you are playing in.

Well, playing poker for a living requires a level of planning and discipline, which is why many players fail

You want a MINIMUM of 6 months living expenses SEPARATE from your roll, and a fallback plan if poker doesn't work out (only fans, sell feet pics, etc)

 

[surfik]

Here is the full stream

I'm releaseing a vlog tmrw with analysis and highlights

Well I was right.... and this woman has balls of steel

 

[CDC]

How does this guy have 2x my sub count???

The more nonsense you record, the more subs you get

Good luck on the table @Anthony Martino !

 

[turboj623]

How does this guy have 2x my sub count???

Because he's twice your height and has a cool whiteboard that makes him appear like a subject matter expert?

All jokes aside, I agree with what @ekricket said. People will follow the guy that says things they want to hear and shows the path of least resistance. As someone else mentioned, most people live paycheck to paycheck. They won't suddenly break those habits and will approach life as a professional poker player in the same way. Just keep doing what you are doing, and people will catch on.

 

[Lil Tuna]

There is a certain level of irony regarding bankroll management in that the majority of Americans live paycheck to paycheck. How often do you hear people preaching that one should have a bankroll large enough to support 30 to 60 weeks of household expenses?

Another thought, I calculate my bankroll by number of re-buys in the event that I go on a losing streak, not the number of buy-ins. To me, that is the best way to measure your bankroll, as it addresses the size of the game you are playing in.

There’s living paycheck to paycheck and then there’s giving oneself the opportunity to play optimal while trying to grind out a living.
15 years ago, the general consciences in the circles I was involved in felt you needed a 6 figure bankroll just to play optimal in $2/$5 and sitting in the occasional $5/$10 if the circumstances for doing so were correct.

If your living paycheck to paycheck in life or as a poker pro for that matter, your STRUGGLING and not living or playing optimal.

 

[BGinGA]

Why not just go bet it on black and employ the martingale strategy? We can't lose!

It’ll be much more fun losing it at craps!

But if we abuse casino comps roulette is better!

AM missing the main point:

craps chips >>>> roulette chips

 

[Mojo1312]

There’s living paycheck to paycheck and then there’s giving oneself the opportunity to play optimal while trying to grind out a living.
15 years ago, the general consciences in the circles I was involved in felt you needed a 6 figure bankroll just to play optimal in $2/$5 and sitting in the occasional $5/$10 if the circumstances for doing so were correct.

Viewing bankroll management from the view of re-buys factors in the aggression level of the games you are active in. For example straddling, pre and post flop bet sizing, etc. It also anticipates how much money is going to be on the table.

Most everyone buys in for the full $300 in the weekly $1/$2 NLHE game I play in. Straddles are not uncommon, neither are double straddles. I buy-in for $250. I am not re-buying in for less than $300, ever. And I am going to re-buy back in for $400 or $500 depending on the number of re-buys already on the table.

It is a matter of simple math. In a ten player $1/$2 NLHE game, $300 max buy-in, a player who buys in for $250 is not losing much value, if any. Re-buying in for $300 instead of $500 when there is $6000, $7000 or $8000 on the table doesn't make a lot of sense.

There is a psychological component to having a large bankroll, that poker players have termed, scared money. I don't worry about my $300 buy-in when I have $20 grand at home for poker, no more than I do if I am sitting down with $850 to play $2/$5 PLO. Not having to worry about money is valuable if one is going to play optimally.

It is a little irrational to feel the need to have such a large bankroll, but in part, we are irrational creatures. How many of us have gone on a losing streak where we have blown through 30 to 60 buy-ins? Seriously.

I haven't come close, and that includes the five month period where I spent thirty to forty hours a week refining my game playing $1/$2 at the casino, yet I am guilty of not wanting to lose the comfort of having that kind of money in reserve. And I have never had to rely on poker for my livelihood!

 

[Anthony Martino]

Well I was right.... and this woman has balls of steel

I don't think she thought she was bluffing. You really think she called off half her stack OOP trying to hit a Q, J or T (which she blocks) to run a river bluff?

Nah, she was going to pay me off if the board paired K, 7 or 5 on the river