Reinvesting Profits

Some background first. I follow very tight BRM guidelines. As a result, my BR variance is very humdrum, regardless of whether I'm winning or losing. My profit on positive days is usually between $20-$60 and my losses on bad days is usually between $5-$30.

Now, I know this isn't a new idea, but I've recently thought that on my winning days I could take 50% of my daily profit and play a single heads-up SNG at the end of the day. So, if I win, I'd be increasing my daily profit by 50%, and if I lost, I'd be cutting my daily profit in half.

I've got some recent experience playing heads-up SNGs (around the $5-$10 level), and although I'm not tearing them up, I've got positive ROI.

I'm wondering if this is too akin to "taking shots." I'm also a little worried if these big heads-up games at the end of the day are going to affect my game, and thus become less profitable than if I was just playing them normally.

Alternately, I could take that 50% profit and dump it in a more reliably profitable game, like a single-table SNG, or at a NL cash table and play for a specified time.

Has anyone ever done this kind of thing on a consistent basis, and what kind of results have you had? Anyone recommend trying this out, or does the plan seem flawed? Any feedback would be welcome.

You are better off just moving up in stakes or at least taking a genuine shot at moving up than doing this.

This is just silly, high-variance, shot taking imo.

Yeah, I don't think that you should do that either. Like feitr said, if you're not satisfied with your daily cash flow, then you should move up to a higher limit. You also keep in mind that Poker is a game of patience. If you've been successful, then naturally progress to next level.

If i was able to have more good days than bad, your idea doesn't sound bad to me. But for me, it would be more of a reward to help release some stress by playing a game i would not normally play.. good luck in the future

What limit you playing at? I'd rather put 50% aside a few winning days and take a shot at a higher cash limit with it. Or alternatively I'd rather you take less than 50% and enter an MTT. At least that way if you go deep you have a shot at a lot of money rather than just doubling the entry fee. Say you win $30 one day. A 90-man $6.50 sng pays $148.77 to the winner. Or if you want a bigger shot an $11 180-man pays $540 to the winner.

Nothing wrong with shots, but I prefer shots to have a chance of winning something big. What you're proposing just seems like sorta flipping a coin (slightly weighted in your favor) with half your profits for the day.

The whole problem is that you are just introducing a huge aspect of variance for no real reason. Your bottom line would be disproportionately affected by an extremely small sample of games at a much higher limit than you usually play.

And doing so goes against the whole purpose of bankroll management (to reduce variance to a level that can be withstood by your roll) and against the idea of a large sample size at similar stakes (where skill is the most important factor) being preferred to short term variance (where it doesn't matter how good you are you can still run bad).

Thanks for the insight, and I think you're right. I'd be much better off slowly increasing my limits, especially my SNG and MTT stakes. I jump around a lot in poker (from HORSE, to rebuy MTTs to PL ring, etc), so I'll keep my speculative games at my current limit, and boost up my regular (proven profitable) games.

Well , taking this winning things and shoving ur winnings by half means that ur +-0 if ur followed by a loosing game.

i prefer just grinding up and then consistant going up stakes

At what type Of BR, should we be trying to implement a plan like this?