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  Poker - How to continue after having built a bankroll ?
 
  #1  
04-04-2007, 5:15 PM
Riedel
Mr Moneydonker
 
Plays at: PartyPoker
Likes: Holdem
Posts: 187
How to continue after having built a bankroll ?

Hi,

Last night I won a $11 buyin tourney, increasing my bankroll from $200 to well over $1200. I've been playing $11 SNGs and $6/$11 tourneys (and sometimes $.10/.25 cash games, but I am a better tournament player than a cash game player).

Now I have a decent bankroll, should I continue playing these limits or should I look for higher stake games ?
 

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  #2  
04-04-2007, 5:21 PM
Dorkus Malorkus
VOTE MCBAIN '08
 
Location: Birmingham, UK
Plays at: Stars
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Posts: 8,136
Are you a winning player at the $11s?
  #3  
04-04-2007, 5:35 PM
tosborn
CardsChat Regular
 
Posts: 579
There have been a lot of good threads on bankroll management lately. You should check them out. But, I think the consensus is that if you continue to play tournaments you should not risk more than 5% of your bankroll for any one tournament.
  #4  
04-04-2007, 5:47 PM
Riedel
Mr Moneydonker
 
Plays at: PartyPoker
Likes: Holdem
Posts: 187
Yes, I am a winning player at $11 SNG. (And I've noticed, having this bankroll makes me more confident (no scared money), so I'm playing even better than I normally would.

I am staying clear of cashgames for now. I tend to lose big on those.
  #5  
04-04-2007, 5:50 PM
dj11
Flopologist
 
Location: West of you.
Plays at: PSFTUBPOSB&O
Likes: Horse.
Posts: 8,077
Congrats, and WTG!

Seems to me, playing at least a few more of these, say 2 more weeks worth, and cementing the confidance at this level would NOT be a bad idea!

Last edited by dj11 : 04-04-2007 at 5:51 PM. Reason: congenialty
  #6  
04-04-2007, 5:52 PM
Riedel
Mr Moneydonker
 
Plays at: PartyPoker
Likes: Holdem
Posts: 187
Quote:
Originally Posted by tosborn
There have been a lot of good threads on bankroll management lately. You should check them out. But, I think the consensus is that if you continue to play tournaments you should not risk more than 5% of your bankroll for any one tournament.
That's common sense as well =P
The max buy-in I'd feel comfortable playing is $33.
  #7  
04-04-2007, 6:02 PM
Devilpoker78
Expert Member
 
Location: Malaysia
Plays at: Fulltilt
Likes: Holdem
Posts: 292
Yeah stay at a level which you are comfortable with, because thats where you will play better and with more confidence. You can try experimenting a few games at a higher level if you want and if it doesnt work out go back to the
  #8  
04-04-2007, 6:21 PM
tenbob
Dead Man
 
Location: The high sea's
Plays at: pokerstars
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Posts: 5,615
5% of your bankroll is fine for playing sit and go's (single table) which would leave your buyins at anything up to $50. I wouldnt recomend jumping up that high straight away though, try a few $22's the money is good if your winning, and its a decent step up in level from the $11's.

MTT play is a different beast, because most of the money is sitting in the top 3 places, so getting ITM lots is not your goal, the goal is the top half of the final table. Hence the variance is much higher, 1-2% should be your max buy-in here, leaving your max buy-ins at $24.
  #9  
04-04-2007, 6:27 PM
Stefanicov
CardsChat Elite
 
Location: Ewell
Plays at: none
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Posts: 1,618
Quote:
Originally Posted by tenbob
5% of your bankroll is fine for playing sit and go's (single table) which would leave your buyins at anything up to $50. I wouldnt recomend jumping up that high straight away though, try a few $22's the money is good if your winning, and its a decent step up in level from the $11's.

MTT play is a different beast, because most of the money is sitting in the top 3 places, so getting ITM lots is not your goal, the goal is the top half of the final table. Hence the variance is much higher, 1-2% should be your max buy-in here, leaving your max buy-ins at $24.
So on a br of 1k u saying u should only play mtts to the value of 10/20 buy ins?
I treat mtts like sngs because i know that u can always make up any lost mtt buy ins with sngs. If you are a winning sng player i would say that you can buy in for anything up to 5% in mtts because u can make the difference and keep your br ticking over simply by doing sngs

but then i dont have a set in stone br management system i play where i am winning and if this is over the 5% rule so be it u can always drop down a level again
  #10  
04-04-2007, 6:28 PM
tosborn
CardsChat Regular
 
Posts: 579
Quote:
Originally Posted by Riedel
That's common sense as well =P
The max buy-in I'd feel comfortable playing is $33.
I'm glad to see you feel this way. And tenbob is correct, I was actually referring to buy-in and rebuys.
  #11  
04-04-2007, 8:46 PM
Riedel
Mr Moneydonker
 
Plays at: PartyPoker
Likes: Holdem
Posts: 187
Rakeback sounds dodgy :P
  #12  
04-04-2007, 9:06 PM
joosebuck
Friendly NeighborhoodTRex
 
Location: St. Louis, Missouri
Plays at: 911POKER.COM
Likes: strip poker
Posts: 3,920
ya~ 1%~ for mtt buy ins.
  #13  
07-04-2007, 11:13 PM
Riedel
Mr Moneydonker
 
Plays at: PartyPoker
Likes: Holdem
Posts: 187
Played my first $22 SNG today.

You finished in position 1
1st place - riedel777 - $72
2nd place - italsky3 - $48


The competition was a lot tougher. But it was fun :-)

Last edited by Riedel : 07-04-2007 at 11:13 PM. Reason: Typo
 

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