micro stakes online bankroll management

When trying to follow bankroll management rules of thumb do you use the total amound of your bankroll on all poker sites or the total that you have on a particular site?

Considering it is not easy to transfer funds between sites I think it is best to use separate bankrolls for each site.

huh? it takes like 10min to transfer site to site(can obvs. be a litle longer clearying the withdraw).

how do you do it? only option i get is cash out by check! (see my post below this)

moneybookers,netteller,echecks.
dno maybe its cause im not from the US?

probably. only option i have is for them to send check in the mail and get it in a couple weeks or so.

With neteller its 30min max.

Is there a minimum level before worrying about bankroll management?

ie if you only have a couple dollars shoulkd you just let it ride on one game and then replenish it with another freeroll vs grinding out 10 cent sit and goes

With only a couple dollars, the rate of return on playing .10 sit n go's is pretty poor, unless there big ones and you catch first.

It would probably be best building it up with some more freerolls or stack it in a cash game and hope your winning. By stacking i do still mean getting your money in fairly good

What bankroll management rules do you follow?

I really only play on one site but if I played multiple sites i'd probably be OK using my total bankroll not site bankroll.

It's more important to play stakes you are comfortable playing at.

for example I might play higher than general bankroll rules but I'm also a tighter player and have less roll fluctuations so I can get away with it.

-Raymond

I was about to start a thread very similar to this, so I will just put my thoughts here instead. I am sharing my thoughts on micro-limit hold'em BR management, and hoping for insight on if I have the right ideas down, I hope this doesn't violate any hijacking rules. If it does, I am sure I will find out soon

FIrst, I am playing LH not NLH, however I am using very similar rules for this. My starting bankroll was around $5.50 and is now hovering around $11. The highest I got it was ~$35, but then I started moving away from this BR management scheme and it dropped back down to $6 and I reigned myself in.

I follow the rules that a proper buy-in should be 100 BB (in limit hold'em I classify that as big bet, not big blind). For the shortest stakes, I am willing to drop down to 20 - 50 BB to grind up a better BR. Playing at PokerStars, this means $0.02/$0.04 limit games. Right now, that puts my normal buy in at $0.80 - $2. To move up in stakes, I have a different rule. I can try one buy in a day as a stab at a higher game once I have 18 normal buy ins for that game, and can't consider it my permanent stakes until I have 25 buy ins for that limit. For instance, I will be grinding away at this $0.02/$0.04 level until I reach a BR of $180. That corresponds to 18 buy ins at the $0.05/$0.10 limit game for $10 each. If I lose that buy in, it is back down in stakes and grind it out until I get it back. I can't play for more than three hours per day at this limit until I reach the 25 buy in mark of $250.

I only play on Stars, so I can't say anything about using BR management across several sites, though I would likely keep BRs separate until the UIGEA mess gets straightened out (Come one Frank and McDermott!) since I am in the US.

One other thing I have to say is that I won't consider multi-tabling until I have 10 buy ins for the lowest limit, which means $40.

Like I said earlier, I am looking for feedback on if this is a sound BR management scheme or if it needs tweeking from anyone else.

Bloodsong