If i have $50.....

M

mufc112

Rising Star
Bronze Level
Joined
Feb 24, 2006
Total posts
10
Chips
0
What limit do i play for

Ring game
Sng
MTT

Thanks
 
G

glworden

Visionary
Silver Level
Joined
Feb 29, 2008
Total posts
619
Chips
0
The smallest you can find. UB used to have some tables down to .02/.04.
 
KenFischer

KenFischer

Rock Star
Silver Level
Joined
Jan 10, 2008
Total posts
401
Chips
0
I play mostly tournaments, so I'll defer to the ring game experts for their answers :)

My bankroll management strategy is to maintain at least 20 buyins for STT, and 50 for MTT. So, with $50, this is what I would do:

SNG: play anything up to $2 and don't move up until you have 20x the entry for the new level
MTT: play anything up to $1 and don't move up until you have 50x the entry for the new level

This is assuming that you are willing to drop back if you hit a losing streak. If your bankroll drops below $40, you should really move down to $1 SNG until you build it back up (to minimize the risk of going broke). If you're not able to do this, then you might want to play $1 until you have a little more of a cushion.

Tournament variance is rough sometimes (ok, *most* times) - don't fall into the trap of moving up too quickly after a big score - that win is going to be used to enter the next 50 (that you probably won't win).
 
Mehman

Mehman

Rock Star
Silver Level
Joined
May 18, 2007
Total posts
185
Chips
0
jump on stars and play .01/.02 micro limits for ring games.
 
infinate8

infinate8

Enthusiast
Silver Level
Joined
Mar 16, 2008
Total posts
63
Chips
0
Ring games=.1 to .2
Sng=Hmmmm personally i would just play 10 x $4.40 180s,however if you wanna do it by the book play $1.75 18 mans until u build up.
Mtt=Use it to play all micro Mtts.
 
KingCurtis

KingCurtis

Legend
Silver Level
Joined
Sep 24, 2007
Total posts
9,946
Awards
1
Chips
1
all of the above at the correct bankroll management guidlines, search the forum for exact percentages to follow for each type of game
 
CubKiller

CubKiller

Rising Star
Bronze Level
Joined
Mar 2, 2008
Total posts
23
Chips
0
use the chris furg rule.

no more than 5% of your roll for sngs
no more than 2.5% for mtt's
if the cash on the table is greater than 10% of your roll walk for cash games
 
KenFischer

KenFischer

Rock Star
Silver Level
Joined
Jan 10, 2008
Total posts
401
Chips
0
I have a lot of respect for Chris, and for what he has accomplished, but I completely disagree with this last guideline. Essentially he's recommending that you sit down with no more than 5% of your bankroll and leave when you double it.

If I am in a game where I am making money because I am playing well and my opponents are weaker than I am, why would I leave? The combination of a profitable situation and winning table image is something to continue to exploit, in my opinion.

I think it makes more sense to set a stop-loss limit, if you are going to set limits at all (and I don't really like doing that either, as it generally results in scared play, which is -EV for me). Maybe once you double your buy-in, leaving when you lose more than 20% of your new stack is an compromise that is reasonable?

I think that it's important for any player - whether they play in ring, SNG or MTT - to be able to recognize when they no longer have an edge and to have the self-control to walk away from the game at that point. The size of the stack on the table is just one part of this, not the entire benchmark.

You should know which players you are winning against, and continuously gauge the situation based on this. For instance, if there are only 3 players at the table that you feel you can outplay and they all leave, it makes sense to consider moving - even before you lose your next pot.

Studying the table dynamics and deciding to leave when they change makes far more sense to me than quitting when you hit some arbitrary win number.

Obviously in SNG or MTT, I'm talking about understanding when you aren't on your "A game" and choosing not to start another one when you bust out - I'm not talking about leaving in the middle of one that is running :)
 
Top