Poker From The Rail
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Posted by AlCantHang | Filed under Bloggers on the Rail
Vegas for All Bankrolls
By “Tuscaloosa” Johnny Kampis
With the birth of my son John Harper in December I will be missing my first World Series of Poker since 2004. I read with envy the various dispatches from the Rio and will live vicariously through my friend Brian, who plans to make at least one trip to Las Vegas this summer. A discussion we had recently sparked the idea for this article. Basically, the question is: If given a week in town what would you do with a $1,000 bankroll? Or $5,000? Or $10,000?
In summers past I would be in Vegas for most of the Series, conservatively nursing a relatively small bankroll. Amazingly, I’ve left Vegas most years with decent profits. (Just shows how the WSOP draws out some of the world’s worst poker players, eh?)
If you have $1,000…One grand won’t get you far in this town. Forget about the strip club, or Cirque du Soleil if you lean highbrow. If you only have $1,000 don’t blow your money on things other than poker. The key with this amount and a one-week trip is to ease yourself into the game. It would be really easy to blow your whole trip bankroll in one night so start off slow. Spend some of your first day sightseeing at the Rio (but not playing – at least yet). Especially if this is your first visit, walk around and see what the fuss is all about at the granddaddy of poker tournaments. Rail the pros. Check out the nosebleed games. Then take your rental car or a taxi and go play one of the downtown tournaments. Most events at the Binion’s Poker Open have buy-ins of $150 or $200 while those at the Grand Poker Series at Golden Nugget lean toward the $200 mark. Hey, if you are in town on June 25 maybe you can go play the Omaha Hi-Lo event at Binion’s with Al Can’t Hang, CK and other famous bloggers!
Tags: 2010 World Series of Poker, AlCantHang, Bankroll Managment, Bloggers on the Rail, Guest Posts, Tuscaloosa Johnny, WSOP
Posted by AlCantHang | Filed under Bloggers on the Rail, Full Tilt Poker Academy
It took me awhile to get back in the swing of things but I’ve finally completed my second challenge on the Full Tilt Poker Academy. My first was the Sit N’ Go By the Numbers Challenge which went rather quickly thanks to a sick run of cards. This time around I went with the Chris Ferguson Bank Management Challenge. Ferguson is famous for his prop bet where he ran his bankroll from $0 to $10,000 with solid bankroll management. After watching his instruction video, I accepted the challenge and began the grind.
The goals and tasks of the challenge are designed to build proper habits with your bankroll as you work to build it through responsible play in cash games, SNGs and large field tournaments. Games that you should be able to beat with your skill set without risking your entire roll on a bad run at the tables. These bad runs will happen, it’s a matter of when not if. Sitting down to cash games with no more than 5% of your roll or an even smaller percentage in tournaments. As you bankroll goes up, you gain valuable experience and prepare you for the move up in levels.
It’s a proven method to improve your game and a worthy Academy Challenge. Details and my experiences after the jump.
Tags: AlCantHang, Bankroll Managment, Bloggers on the Rail, Chris Ferguson, Full Tilt Poker Academy
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