An Explanation

Wow - people actually used to read my blog! Formally at Mosside.blogspot, I posted regularly on my poker exploits. The simple fact however was that what good results I had I was wasting by failing to have any sort of money managment system, playing in games far to big for my bankroll, and generally being very unorganised. Hence the Poker Rebirth!



The idea is relatively simple - I have laid out a level system which is recorded below. There are set targets, set move up levels and set drop down points, all with the ultimate aim of allowing me to gradually increase my roll. However I will consistently try and cash out. I have set cash out points and If I have failed to reach the next level by the end of ten sessions I will cash whatever I have over and above my bankroll minimum and start again at the level I am on. I am also attempting to make much better notes on my opponents and target specifc opponents as and when they appear. My final aim is to have decent bankrolls on3-4 different sites for variation etc.

My minimum buy in at any cash tables is a standard 50 x Big Blind.

The System

Level Bankroll Max Buy in Cash Max Stakes Cash Max Buy in STT Max buy in MTT

1 $200 $10 $0.10-$0.20 $10 $20

Move Up to Level 2 @ $500

Cash Out 1st time $450 down to $250

No drop down

2 $500 $25 $0.25-$0.50 $25 $50

Move Up to level 3 @ $1000

Cash out @ $900 down to $750

Drop down to level 1 @ $400

3 $1000 $50 $0.50-$1.00 $50 $100

Move up to level 4 @ $2000

Cash out @ $1750 down to $1250

Drop down to level 2 @ $900

This system continues but for the time being I wont record anymore.

I have also made some guidelines for myself -

- 2 hour sessions (+to end of tourney)

- Once level 3 is passed new account to be opened on different site.

- No more than 2 x $200 buy ins per month

- 10 sessions per level limit

I will try and keep this updated as often as I can - with hands etc.

best wishes

Mosside