BR limits when multi-tabling

joosebuck

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k so in feb i withdrew all but $50 bucks from my account & finally worked it back up to ~$500. when following the 10% rule, does that mean if i quad table i should be at 10max again? or can i quad 50max now?

how do i assess where i should be playing BR wise (without looking at hourly rates at each limit. if we do that i should be playing way above my br =/)
 
tosborn

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I think you are going to get two schools of thought on this one.

1) You should never have more than 10% of your BR in play at any given time. This way your BR is never at risk.

2) You should never have more than 10% of your BR at any given table.

I personally think that this is dependant on the person. I think that you are disciplined enough not to go on tilt. I also think that if the cards were going to run cold on four tables that it wouldn't make any difference if it was over four hours or one hour.

There are also two things to consider when deciding whether or not to step up a level or multi-table the level you are playing at now.

The risk is somewhat less if you multi-table. You shouldn't have quite as many swings considering that you have less money involved at any given table. However, you are not going to have the reads that currently enjoy. The opposite is going to be true if you step up your level.

In short, do what you are comfortable with.
 
joosebuck

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well i quad 25max usually now.
 
joosebuck

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k update time. br is over 1k again now, i guess multitabling worked out alright. im kinda crushing 50max X 4, should i move to 100max X 4? or stay here for a while and build up some variance padding for 100max?
 
F Paulsson

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First off, I'd recommend having 20 buy-ins for any given stakes. So get your bankroll up to $2,000 and then move up.

Bankrolls and multi-tabling is an interesting topic. Let me make one thing clear first of all:

If you're a computer, your bankroll requirements do not change because you play more tables. Playing four tables is no different than playing four times as many hands on a single table - to a computer. But you're not a computer.

You, unlike a computer, are liable to make mistakes you normally wouldn't because you play several tables. You might fold in a slightly profitable situation, or you might call where you probably wouldn't have if you had noticed earlier that this guy is a total rock. But since your EV goes down a little - per hand - when you're multi-tabling, your risk of ruin also goes up.

But, and this is the key question you should ask yourself, what's your plan for your bankroll? You can play with your entire roll at a $1k table if you have no qualms about reloading and don't care what happens to it. Not likely, though. At least I hope not. You can also play at $100 NL and sit down with effectively 40% of your stack when you start out. Note that if you get stacked at any table and re-buy, you're now sitting with half your bankroll.

Are you at that point willing to take your chips and move down to $50NL if you get stacked again? Because that's the danger of NL and multi-tabling: You can get stacked a few times in a row, and even though you may be up on some tables, you might not have enough left to buy-in at the first one. This has happened to me, and is no fun at all, heh.

I write too much. And I haven't had breakfast yet. Hungry.
 
joosebuck

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so should i move down to quadding 25max til i have 2k?
 
F Paulsson

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I think $50NL is fine with a 1k bankroll. If you run cold and drop down to $500, you might want to switch to 25NL.
 
F Paulsson

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... the overall point is that "large bankroll" is not a necessary requirement if you're willing to move up and down in limits when you hit cold streaks. But if you're going to multi-table, try to avoid being in a situation where you simply can't afford to reload one of the tables; that really sucks.
 
NineLions

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Nice answers, Fredrik. I've gotta save this for when I start thinking about moving up.

Especially as, all the numbers and percentages and "rules" are based on some reasons for the "average" player, and for joose, he's had a bankroll before, has withdrawn, so he's more experienced than the "average" player who's probably just building his bankroll with experience.

It's nice when someone with experience looks behind the "rules" to see why they exist and then how valid they are for the given situation, and then explains how/why we can apply the principles or reasoning rather than just the "rules" themselves.
 
F Paulsson

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Yeah.

The "300 big bets" rule of thumb that exists for limit hold 'em, for instance, is based off of some arbitrary idea of a winning player winning 1BB/100 and a few other things. That "rule" doesn't apply to online poker at all, specifically because you can move down so easily. In the old days of B&M casinos, not all limits were available, and definitely not all the time. But surely no one is going to suggest that they can't move down from $3/$6 game because they can't find a $2/$4 game going? No. There are hundreds of 2/4 games going this very second, on different sites. You can always move down.

Sort of on topic: https://www.cardschat.com/blog/01/11/online-poker-bankrolls/
 
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