Personal Bankroll Management Plan

I'm asking for anyone/someone to help me out with a bankroll management plan for pokerstars. I can't make my own because I know it will be biased, I feel like if I read someone elses that is given to me I could stick to it better.

My bankroll is $40.
SNG/MTT/Cash Table
Make it however you like.

umm, max $1 SnG, max $1 MTT, 2NL not really bankrolled for anything but the smallest stakes.

*Of course, I don't listen to my own advice. Had $20 and was playing $5 DoNs because I feel comfortable in them and wouldn't have minded if I dropped down to $10. Also was playing $2 90 person SnGs once I hit $30 because the 90 person $1 turbos were just too much all in crap for me. Now up to over $60 and can try and practice better BRM.

I would say 2 dollar sng's and 1 dollar mtt's. Or you could just buy into 10nl. Personally, I can't practise BR managment successfully at ultra-micro limits. Just too tedious.

So whenever I want to rebuild a BR i've used to pay bills or whatever I'll just deposit 500 and play 25nl, which is still small but just big enough to hold my attention. But if your trying hard to use BR management then just play sng's and mtts and forget about ring games untill you double your money.

Well I personally seem to do much better in limit games rather than NL so I try not to play much NL ring games. I don't know if $40 is enough to cover the swings on an everyday basis. If this your best game then I would at least get another opinion regarding NL rings.

I can tell you What I would do with it if I was working w/ $40 though.

I would start out 4-tabling the .05-.10 Limit holdem tables. Now if I started out in the wrong direction and hit say $25 I would immediately move down to the .02-.04 tables. Better safe than sorry. In the other dierection I would not move up to the .10-.20 game until I was safely over $100. Say $110-$115 would be good it would allow for a losing session right off the bat and I would still have about a $100 BR.

Mixing in a few sessions of something else is fine. The .04-.08 razz game is a good one for a bankroll of this size.

Now as far as MTT's go I am all for taking shots in these but I am picky about which ones to play. I personally think the bigger the better. I think of them as an investment and try to look for the best return on my buy-in as possible.

With $40 I would never pass up the cheap donkaments they offer. They run a .10($50 added) twice a day and a .25($100 added) once a day. Yes they are often a shove fest early on and they are full on DONKAMENTS but if you could happen to win one of these it would more than double your bankroll with next to nothing invested. You could bust from all 3 and lose only .45 cents!! Why pass those oppurtunities up?

Now PS has some of the biggest garaunteed MTT around. Like the $2.75($7,500 GRNTD). I lOVE THIS TOURNEY. But I would not play in these unless I started out in the right direction. Don't play them if it dips you below your original $40. As far as the $1.10 tourneys go I would only play the ones that garauntee 2k (remember if your going to take a shot make
sure it's worth it!!!). I would also follow the "only if i'm above my $40" rule.

Now I realize that these are my comfort zones and you are your own player so you prolly won't follow these exact guidelines (although this is a very safe route to take if you choose to do so). There are a few things you SHOULD DO:

-Set a maximum buy-in amount for your individual sessions (like 2% or 5%of your total BR) AND cash out amount(like if what I have on the table reaches 10% of my total BR I must cash out)

-When you do pick a game and limit pick a move-up amount AND a move-down amount

-Make sure you have the discipline to stick to whatever limits you do whatever put on yourself.

Now this should give you a good look at rough plan. Be careful - it's a jungle out there! GL

With $40, play what you enjoy. While I appreciate the importance of sound bankroll management and play well within mine at all times, $40 is still just $40. Losing it all probably wouldn't be a disaster since it shouldn't be very difficult to replace it.

In my case, for example, my bankroll is equal to several times my average monthly winnings, so disciplined management is a lot more important than if it were an amount I could expect to win back in a much shorter time.

I would stick to 3-5$ tournaments, this way if you do not cash in a few straight, you will still have money left. For cash tables, play your best game, whether that be razz or even horse. Stick to your best game and try out. .10/.20 limits. Even with sit&go's, try to just play 3-5$ ones. I hope this helps, I believe this is a pretty good bankroll management range for you. Wish you the best of luck

1 dollar sngs 9 man has less verience with an occasional 18 27 or 45 man when your running well, if you want to try make it last thats what I would do, in fact I have just under 37 dollars after a downswing and thats what I am doing right now.

This is genuinely horrible advice. Your basically advocating him spending up to a tenth of this BR on MTTS. Thats a really bad piece of advice. Don't spend any more than 2% of your br on mtts because you don't get itm or win often enough and the swings can be brutal.

With $40, stay at the $.01/$.02 cash games.

For single table S&G's, stick to the $1.20 games. (Rake is a ripoff at this level, so moving up to $3.40 would be better, but those are too risky for your bankroll).

Ditto with bigger S&G's and MTT's.

If you're doing well in the S&G's, feel free to try the $2.20 90-player S&G's. They're fairly soft.

My story is that I deposited $50. I got really bored at $2NL and made a deal with myself that when I made $20 profit I could use it to play higher stakes games. If I lost the $20, I'd have to earn $25 before taking $20 of that to a higher level. And if I lost that $20 I'd have to earn $30 before taking $20 back to the higher level games. And if I lost that, I'd have to make $35 more before taking $20 of it up. So basically, if I lost my "set aside" bankroll I'd force myself to win even more (thus increasing my bankroll) before moving back up. A $5 penalty the first time, a $10 penalty the second time, a $15 penalty the third time. So by the third time, I'd have my starting $50, plus the $5, plus the $10, plus the $15 (total of $80) in my account in addition to the $20 "set aside" money I take to the higher stakes.

I hated playing the micro limit games and it caused me to donk off $ with bad calls from boredom. When I put this rule in place I earned the $20 pretty quickly because I could see that the end was near. And when I moved up with the set-aside $20 I knew that every loss was taking me one step closer to moving back to the donkey games, so I quit making this "oh it's just a dime" calls. It kept me on the straight and narrow and I never went back. That $20 turned into $300 before I moved up.

Can a mod merge these threads or start a Sticky on this subject, every few days someone starts another one.

OP, it is all here, starting a few days ago:

Looking for personal opinion on my starting bankroll..

Now we have people answering there, and here, and on the previous BRM threads.

This really should get organized somehow, tons of advice getting lost and ignored and repeated with each new BRM thread.

AGAIN: search forum before starting new threads please noobs.

since you have $40, why not set aside $30 to play 1.10 DoN and $10 for 1.10 GTD tourney. i tink DoN will help to keep u survive and tourney will be giving a short of higher cash...

Look up Chris Ferguson's plan. He made 10K with his. Why reinvent the wheel. Sure we might not be as good, but I think the plan works for everyone.

Well my opinion isn't much, but I will give it! I started BR yesterday with $20. I started in the .20 limit and after I got up to about $30 opened another room in the .50 limit. Got my br up to about $50 then opened me a room up in the $1 limit. When I went to bed I had $75! Not a fast jump but it is building. I only take $10 in the $1 games, $5 in the $.50, and $3 in the $.20 if I lose all of it in any room I drop down a room size until I double my money up. This might not work for everyone but it is working for me. I also play a very tight game and when people start folding to me a lot I move to another table. GL and I wish you the best!

I would try to keep a minimum of 30 buyins for the $1.20 SNGs and take shots at the $3.40 if you got $36(30buyins) + $3.40. So with $40 take one shot at a $3.40 SNG if you lose play the $1.20 until you got enough again. If somehow you lose and go under 20buyin for the $1.20s i'd drop to the $0.25s SNGs.

You don't think almost quadrupling your bankroll in one day is a fast jump? I DO!! I also feel this system is suicide. It will work as long as your running good but its not going to take very long for a cold deck to deplete this. My advice is take your $75 and go right back down to the .10-.20 tables. Just my opinion.

No offense, but thats a horrible BR management plan. Also, why would you want to be so short stacked at a table??? I can see certain advantages to buying in with maybe 50bbs but I can't ascertain any advantage to having 10bbs.

When you get monsters you won't get paid off as much and the relation of the BB to your stack means that you have to play just about any face cards and medium pairs with the intention of getting your stack all in or face being swallowed by the blinds.

Why not buy in with 100bbs at the 10nl level? That way you can be more selective about your starting hands and the spots you play in, also it would be better BR wise.

Hi,

I have a question about the Bankroll Management section of the book The Poker Mind Set. In this book it says that your bankroll should be approximately 300 big bets. Now if I go on tilt or have a lots of bad beats this will erode my bankroll possibly to a level significantly less than the 300. Obviously if my bankroll say now is only 200 big bets which is much less than the recommended level and I would be playing a limit with an insufficient bankroll. Is the only solution to this to go to a lower limit where my bankroll is the minimum 300 big bets? or should I continue to play at the current level taking in the long term view and assuming that if my play is good enough my bankroll will go back up?

300 big bets seems very low to me for NL. In Nl it is not uncommon to be down 6 or 7 buy-ins from variance alone. I mean your aces could be cracked by kings, your AK might lose to AQ and your made flop straight might be beaten by a river flush. None of those scenarios should bother you if your properly BRed because in the long run its plus EV. But if you only had 5 or 6 buy ins then a run like that could decimate your roll.

Thats why i always keep 20 buy-ins or 2000 big blinds at a minimum. Perhaps 300bb is for limit??

Hello,
thanks,
But what you said does it works practically?

I must be a real nit with my BR cause I play 02/04 and just started playing 05/10 limit and I have 74 dollars at PS and over 100 at FT. I guess maybe I should move up to two tables of 05/10 and two at the next higher limit soon.

NO!!! You are playing the appropiate limit for your BR. Stay put for a little while longer. Whats the rush?