E
Eyeonfish
Rising Star
Bronze Level
bankroll Management,
I know this subject has been talked and been dragged through the cards ONE MILLION TIMES so allow me to talk aboutit for the ONE MILLIONth and ONE time, because this concept so the most important thing in poker BAR-NONE!
First off,let me explain what Bankroll Management is and how I use it to my advantage. Lets say, I start with $50 in my Roll and I want to turn this into a cool million (keep dreaming) the best way to do this is to use it wisely and "Bankroll Management" is the only way to do this.
With only $50 you can only afford small bring-ins from tourneys and small buy-ins for Cash Games.
Firstly, You only and I mean only can buy in to cash games for less than 5% of your bankroll so really your buy-in for cash games would be less than or equal to $2.50, Which is at the $0.05-$0.10 NL games at FTP the max you can bring there is $2.00. This is a safe limit for someone with only $50.
Secondly, if the game ever starts to become aggressive and the POT SIZE, ever gets to 10% of your bankroll which for you math majors out there would be $5.00 you MUST leave that table it is to risky to sit at the table at that very moment.
Now Tournaments: this is a little different.
When you are only playing at 1 Table tournaments the rules are the same when you are buying in for Cash games you can buy in for 5% of your bankroll which is $2.50 in this case, However; at MultiTable Tournaments since you have a far less chance of cashing in this types of tournaments you should only buy in for 2% of your bankroll or $1.
These steps WORK trust me Ferguson took these very steps in his challenge to go from $0 to $10000 without depositing and if you follow these simple rules you can do the exact same.
Hope this helps
-Jp:joyman:
I know this subject has been talked and been dragged through the cards ONE MILLION TIMES so allow me to talk aboutit for the ONE MILLIONth and ONE time, because this concept so the most important thing in poker BAR-NONE!
First off,let me explain what Bankroll Management is and how I use it to my advantage. Lets say, I start with $50 in my Roll and I want to turn this into a cool million (keep dreaming) the best way to do this is to use it wisely and "Bankroll Management" is the only way to do this.
With only $50 you can only afford small bring-ins from tourneys and small buy-ins for Cash Games.
Firstly, You only and I mean only can buy in to cash games for less than 5% of your bankroll so really your buy-in for cash games would be less than or equal to $2.50, Which is at the $0.05-$0.10 NL games at FTP the max you can bring there is $2.00. This is a safe limit for someone with only $50.
Secondly, if the game ever starts to become aggressive and the POT SIZE, ever gets to 10% of your bankroll which for you math majors out there would be $5.00 you MUST leave that table it is to risky to sit at the table at that very moment.
Now Tournaments: this is a little different.
When you are only playing at 1 Table tournaments the rules are the same when you are buying in for Cash games you can buy in for 5% of your bankroll which is $2.50 in this case, However; at MultiTable Tournaments since you have a far less chance of cashing in this types of tournaments you should only buy in for 2% of your bankroll or $1.
These steps WORK trust me Ferguson took these very steps in his challenge to go from $0 to $10000 without depositing and if you follow these simple rules you can do the exact same.
Hope this helps
-Jp:joyman: