buy-ins

After how many buy-ins should you move up or down ?

I'm talking about NL Holdem 6-max.

hmmm im not very good at bankroll manegment

but i do play 6max alot i usually have 15-20 buy ins for that level :P

I believe you should have 20 buyins for ring games and sit n gos, and for MTT you should risk no more than 2% of your bankroll.

Depends on your winrate and what your acceptable risk of ruin is. 20 buy-ins is usally the absolute minimum standard rule.

I like Harrington's advice on moving up. When you have 150% for the next level, move up. So if you start with 20 buyins at $25nl ($500) move up to $50 when you have 30 buyins for that level ($1500).

Then if you lose 1/2 your new roll, drop back down ($750). In this way even if you lose at the new level, you got experience, now have more money in your roll from where you started, drop back down to your old level likely as a better player, and repeat the process.

Of course for a losing player, there's no bankroll management strategy that will work. They'll always go broke no matter what precautions they take.

+1 - I'm more conservative about "taking a shot" at the next level up, but this is all really solid.

The 20 bi minimum imo doesn't work at 100nl or up unless you have a very strong winrate (even then...), you need more to weather the variance there.

Thx for the replies, I have one more question, if you lose 750 at 50NL you lost 15 buy-ins and you would drop down to your previous limit again.

So what would you say a standard downswing at 6 max NL is,

5 bi, 7 ?

How many hands is this over? Hard to say if it's a downswing or you are just not good enough at 50nl yet.

You should have moved down a limit after you lost 5 buyins. Play on 25nl till you get back to 20 buyins for 50nl. Repeat as needed.

A downswing implys that you are a winning player in the first place, if you are not then the "downswing" will be permanent. As far as standard downswings for a winning player, they can be pretty brutal, and 20 BI++ downswings would not be considered unusual for a high volume player.

Well said, that's what I ment. LOL