bankroll management question

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RSdavid46

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When should i move to higher stakes? i managed to earn a bankroll of nearly 1000$ by playing whatever i could mainly just for practice and experience but now i want to start playing more sensibly.

I withdrawed what i had and left myself with a bankroll of $300.

I want to start multitabling the NL10 and $300 = 3000 big blinds or 30 buy-ins.

later on i want to move onto the NL25 but when should i do this ? when i have 30 buy ins for the table? or is 20 enough? or maybe its about the amount of big blinds needed?

Also i will be most likely 4-5 tabling and no more since i cant view more than that on my laptop (i could open more and have them in one place but then ill get mixed up which ones i have acted on and which ones are waiting for my action and then ill forget etc. so ill keep 4-5 tabling until i buy a decent pc with a decent monitor)

my main question is that is 20 buy ins enough? or should it be 30 or 50?
 
micromachine

micromachine

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Most agree that 20 isn't really enough.

30 is more sensible, so that would mean moving up to 25nl when your BR is $750.
 
OMGITSOVER9K

OMGITSOVER9K

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40+ imo, if you don't want to go broke.

also the swings won't bother you as much if you have a larger roll.

30's ok though, yet to disagree with micro!
 
micromachine

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30 will be fine as long as you are prepared to be disciplined about moving down if necessary, for example move up to 25nl at $750 but move back down to 10nl if it drops to $500.

Having even more buy-ins (40+) can help avoid tilt if you lose a few buy-ins in a row because it hardly dents the roll.
 
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RSdavid46

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ill try 30 if i drop then ill try 40
 
benevg

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everything about BRM is a matter of personal preference and skill. if you think your realistic winrate at a level is something like 6-8-10 bb/100, then you can afford to play that level with fewer BIs than someone else might consider sensible. personally, i have played 100nl with 20BI for the level for a short time, but i did not feel comfortable and dropped down quickly, even though i was not losing.

one certain sign: if you find that you would play a hand differently at 10 and 25 depending on your bankroll, that means you are not ready to move up, stay at 10 for a while longer :)
 
Arjonius

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30 will be fine as long as you are prepared to be disciplined about moving down if necessary, for example move up to 25nl at $750 but move back down to 10nl if it drops to $500.
This.

Plus there's nothing to stop you from testing the waters at NL25. Just set aside 1 or 2 buyins and use them to see how comfortable or uncomfortable you are with the level of play and with having more money on the table.

And don't discount the latter. My case is similar to benevg's. When I got up to NL100, my roll was over 30 buyins. I won at a decent rate, albeit over a fairly small sample, but decided not to stay because I never got completely comfortable like I had at lower levels, and because even though my hourly win rate was higher, the difference wasn't important enough to offset my discomfort.
 
beanstalk

beanstalk

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Your instinct for discipline is good. The idea of rising and dropping in stakes as your bankroll allows is also the perfect answer. What I would add is to take shots occasionally at stakes outside of your 30 BI metric, just until you lose a couple BIs, ensuring you still have 30 at the lower level when that happens. I don't think the average thoughtful player reaches his/her potential fast enough because they are hyper focused on a metric they made for themselves. You can build a fear complex if you spend too long at a given limit. I know this sounds crazy. Most people are too reckless, move up too fast, and go broke. Avoid the other extreme - being too conservative. Keep you measured, scientific approach, but build in some shot taking here and there. I think it is very important to take shots at higher games so you don't unnecessarily restrict your rising through the ranks.
 
Bankroll Building - Bankroll Management
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