whats your bankroll preferences?

Using correct bankroll management when do you personally move up?

Definition of what your bankroll is: it’s money you can afford to lose.

The next step in bankroll management is letting your bankroll dictate what limit you’ll be playing.

From here every single poker tip on bankroll management has completely varied, usually over preference.

So I thought why not make a post asking what your preferences are?

Heres a few example sizes:

300 big bets (BB) at your regular level of play: standard
Or
Depending on your bankroll you only play with 10% of it on any one limit/time,
E.g. you have $10 you only play with $1 which dictates you play $0.01/$0.02 giving you 50BB.

What are you standard sizes for each limit, and thus what are your objectives for moving up limits?

I got my bankroll management from chris ferguson, and here it is:

1. I wont buy into a cash game or sit & go with more than 5% of my total bankroll, although i can buy into any game of $2.50 or less.

2. I wont buy into a MTT for more than 2% of my total bankroll, although i can buy into any MTT of $1.

I also made up a rule that when i sit down to play online im only allowed to play 3 games then i must take a break for a few hours then if i want to return to play i can. This is good for me because if i go on tilt and losing i will only lose at least 3 games then the break should cool me off. Also if im not playing too well that time i give myself time to recollect my thoughts about how im playing.

I made up this rule when i sat playing constantly one day and blew my entire bankroll.

I am risk adverse. I want to have 100 x the (full) buy in for the tournament/ring game level I am playing.

For NL ring games I like to have 20 buy-ins

For S&Gs I like to have 30 buy-ins

For MTTs (which i rarely play) I want to have 40-50 buyins

chris fergusons bankroll management all the way, that is if you actually have a bankroll....damn full tilt freerolls so hard to cash...maybe i will make a deposit next weekend

My BR maganement plan is similar to Ferguson's plan. I have a new approach to building my BR. Before, it was "Im going try and build it but if I lose it, its ok because I can afford it." Now, Im trying to really disipline myself into following strict BR management and not taking too many unessary risk with my BR.

those small amounts are what im talking about

New Me : at least 30 times BR for SitnGo's

Not playing Cash games till i can support 25max where there isnt AS many donks (i know there is still some) I will wait until my br is at 35 times the buy in .

Tourneys is same as Sitngo's

So it's like... you have 300$ br for 10$ MTT ? Finishing ITM is pretty good challange most of the time then 50x is much much more better way i guess;-)

By the way, what applies to "rebuys" tourneys?

very good shout!! i guess you would have to apply the length of time the rebuy period is open, and from there i guess its just a matter of calling it quits after a certain amount of rebuys/money!" so maybe set aside an extra 30BB to your BR for each individual tourney ontop of the normal BRM

If you can't afford to lose it all, then what do you do if you lose, say, half of it? Quit and withdraw the remainder? If so, your REAL bankroll is half of what you have deposited and you should play accordingly.

100x!? seriously? you nit if i went by those rules i'd need a $20,000 bankroll to be playing 1/2 right now. but what's going to get me to a $20,000 bankroll is playing 1/2 in the first place. if you're a winning player who won't tilt off your roll, i think any more than 50 is pretty unnecessary. normally i'd just say diff'rent strokes for diff'rent folks, but i think that kind of risk aversion may very well cost you expectation in $$$

100x is EXTREME overkill for a winning nlhe player... even if this was your living... 30x bi is quite conservative considering you can always drop down a lvl if you hit say... 20x bi (40x bi at the lower lvl)

I feel like such a donk when I read all this stuff , I want to do all that too but I never have big enough BR . I play the $10 nlhe ring games , $25 Omaha ring games , 4 or $8 sngs (beginner ), $10 or under mtts. those are the smallest ring games at bodog . my BR is $150 right now and when it gets higher I cash some out , thinking I need to get something out of all the work I do.

Right there with you aliengenius! I'm playing mixed 10NL and 25NL with a BR of 2000+ . Better safe than broke! Also I want to be a consistent winner on 25NL before I leave 10NL behind.

50x - 100x the SNG/MTT buy-in.

Wow - NLHE is a low variance game?

It is according to the website i ripped it off, forgot the website, first google i found on bankroll management

but i generally agree to it, your bankroll might be alot of money, but if you lose it you should still be able to afford the rent/car/food etc.

in broad terms it is what you can afford to lose..

you can then split that "affordable loss" into %usage per game.. etc

prepare for a huge surprise, 25max can be one of the most donkish games out there, is donkish a word? lol

at nNL i have been using like 15bis take a shot..

the games are so bad u dont need huge br..

i have 1.2k at 50nl, and took a shot at 50nl with 3bi 's at 550usd. not quite 15bis but i just though i had a huge edge anyway.. did alright.
i will take a shot at 100nl with 1.7k or something like that again 3bis..

from here.. i will use 30bis take a shot .. 20bis move down 200nl and up cos the games will be thougher obv

anyway,

the requirements aren't just the amount of bi's u need to have:
-there's the winrate
-if u are comfortable with your play or feel like u spew a lot
-the next limits just feels too high and u would probably be playing with scared money;
- not enough hands .. and good results might be just running hot and over expectation.
- ..

a lot of factors other than just br req r needed before moving up

Not many people answered this specifically, and moving DOWN was in nobody's plan. Here is my STT plan:
Move up when you have 50x the next level.
Move down when you are down to 50x the lower level.

For example, say I have ~$250. I will be playing $5 STTs, since that is enough to have moved up from $2. When I get to $500, I will move up to $10 STTs (50x10). If I lose down to $100, I will move down to $2 STTs (50x2).

I started keeping closer records just a few days ago. Since I am keeping records, I quit destracting side activities and concentrated on the tournaments. So far, I have a 3rd, 2nd, 3rd, and 1st out of the four I have played. This gives me an average net win of $8/STT. I can play two a day easily and still do my regular things, like work, eat, etc. At $16/day, I will be up to $10 STTs in 16 days and then start winning $32/day. Likewise, to $20 in 16 more days, to $50 in 20 days, and to $100 in 16 days. So, in a little over two months I will be making $320/day or $9600/month. Then I can cut back from the breakneck pace of ~2 hours a day EVERY day and play only 5 days a week, 48 weeks a year (most of regular "work" week time free to do whatever, 4 weeks off a year in the tropics) and still pull in $77k a year. Piece of cake. Why isn't everybody relaxing in the sun more?

thanks for being specific

I usually take a conservative approach to BR management as I certainly cannot afford to go broke.

For SnG's - I like to have approx 50 x Buy ins for that particular level. Once I approach 50 x the next level I will move up. In the mean time I will take shots at the next level to ease myself into it.

For Cash games, I play 6-max NL, I like to have at least 30+ buy ins. Again when I get somewhere near the BR to handle the next level I will take shots at it before moving up.

As has been said previously if my BR goes down then I adjust accordingly and drop down a level, which I have had to do in the past. I also multi table a lot so I don't like to have more than 10% of my BR in play at a time, usually a lot less.

Realistic goals for me are to achieve a BR that can sustain me playing $200 NL cash, and $109 SnG's.

so where do you draw the line on your BR, because if you have 50x the buy in for $200 cash games, isnt that $10,000, and $5450 for the sng's?

and by "draw the line" i mean, is it realistic you will have 10,000 in your account? or am i making up mad numbers...

For cash Im thinking 30+ BI's so about $6k and yes about $5k for Sng's.

....nice





thats all i can say..

5000 times the big blind for the whole roll ie 50 times the max buy in 30 times the buy in in a sng and 60 times the buy in in a tourny just to be safe . if u play this low it is a garantee that u cant bust ur roll i 1 seccion unless ur a donky like me

1 check mark for and some PinaColadas a Clam Bake and some really HOT Sows!!!!

Really though, a Sound Plan..!!

How about the guy 'agencia1' September meltdown - weekly diary-Post
(not sure he has a BR management plan but a good example)

It's all about the Skilz... and Catching the Cards in the Opportune moments,
where you take down the huge pots from players that can't FOLD A-A
and you got them Pot-Committed with the Nutz!

I don't Play NLHE ring..
S&G's & MTT's exclusively.
..and a BR thats near bust..
(manage by a Fresh Deposit and a fresh perspective)
And a good and sobering Look at Pigpens 'Prospectus'

~...and back in the Real WORLD..~