Bankroll Management

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SKILLED_PRO

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Ok. I seem to be having a problem. I start with $10 and always build a roll to a $100 OR MORE. bUT AS SOON AS I GET A DECENT ROLL I START PLAYING HIGHER STAKES AND then end up killing my roll. i wish i could set some sort of chart that keeps me in line to follow. If i had something to follow i would be very lucritive. Any suggestions on helping me out in this matter, cause im getting really frustrated. :)
 
dufferdevon

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No charts needed. Just use my handy dandy excel calculator. It auotmatically calculates the stakes you should be playing by entering in your bankroll. It uses 5% of your bankroll for Cash and single table SNGs and 2% for MTTs.
 

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JOEBOB69

JOEBOB69

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Look up this thread sry don't know how to link it.WHY 20- BUY INS IS'T ENOUGH By
 
JOEBOB69

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sry hit the wrong button by chris tc total changed the way i think about brm.
 
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mimi

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To be conservative, I always thought that your bankroll should be more like 40x the big blind in any ring game you enter rather than just 20. I guess it just depends on how conservative you are.
 
dufferdevon

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I should mention that the cash amount in my spreadsheet is for full ring games. 6 max has way more variance associated with it and as such, you should have less of your bankroll at risk, say 2-3%.
 
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SKILLED_PRO

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No charts needed. Just use my handy dandy excel calculator. It auotmatically calculates the stakes you should be playing by entering in your bankroll. It uses 5% of your bankroll for Cash and single table SNGs and 2% for MTTs.
thx for the calculator. I will be checking thi sout first thing tommorow. look forward to using it then will update u how it worked out. appreciate the link
 
bogweed1964

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I was once told bankroll management is the dividing line between a poker player & a poker gambler.

My personal limits are 30x BB for ring and 50x buy in for SnG/tourney, though in truth I actually play below those limits (too conservative by far when it comes to my ill gotten gains).

I rarely re-buy at a table instead I walk away if I drop to 50% of what I hit the table with, maybe its not my day or maybe not my table.

I also set rolling profit drop limits, once I'm up by 25% I walk away if that drops to 15%, if it rises to say 30% I walk if it drops to 20%, etc, in truth I don't work out exact percentages usually I round to nearest $/10C.
 
dmorris68

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To be conservative, I always thought that your bankroll should be more like 40x the big blind in any ring game you enter rather than just 20. I guess it just depends on how conservative you are.

My personal limits are 30x BB for ring and 50x buy in for SnG/tourney, though in truth I actually play below those limits (too conservative by far when it comes to my ill gotten gains).

I hope you both mistyped or something, and actually meant buy-in and not BB.

30x or 40x BB is not even half a ring buy-in (considering 100BB buy-ins), much less a BR. BR is measured in buy-ins, not BB. So when you hear people say 20 buy-ins is not enough, they mean 2000x BB, e.g. $1000 for 50NL, is not enough.
 
bogweed1964

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You're quite right, I meant buy in, not big blind, fingers moving faster than brain as per usual.
 
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LukeSilver

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I multi table single table sit and goes and find %5 of bankroll per table is about right, though i suffered some bad swings once and one time lost half my roll when i lost all ten tables. so I decided to make a new rule which stated only 10% of my roll to be staked in anyone session. since I play 15 tables at once now means i stake less then 0.65% of my bank roll on anyone sit and go.

It depends on the circumstances really but that has kept me playing 25 hours+ a week and not having to make a deposit again in 8 months and cashed out a few times so it works.

One more comment I don't mean this to be harsh but seriously if you can't work out what 5% or 10% of your bank roll is without a calculator you should not be playing poker for money, cause I am pretty sure you can't be a winning player if you need a calculator to do this math for you.
 
jakattack

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Ive had the same problem built triple my bankroll then lose on higher ring games... think i should stick too the 6/9 % Sng's a MMts where i made the cash
 
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jolietdusty

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It is difficult to understand why you so often hear people who have built a BR no matter what size but for them they consider it to be a goood size then they elect to go play something different than what got them there and they lose their BR. Why can't people relize that different people are cut out to play different games and levels and if you find something that works for you and you are making money stick with it.
 
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maolitas

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Which could help us understand too, is to know which limits you were playing with your $10 BR, and which ones with $100 :)
 
jakattack

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Thanks Joliet, Im gona do that!!! stick to what i do best.....

Win my games, and get back up to where i was and stick to it
 
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Cubin

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Bankroll

I think the generally accepted numbers are 300 BB's for Fixed limit and 20X the max Buy-In or 2000 BB's for No Limit. Personally, I prefer to have 500 BB's for fixed and 2500 BB's for NL.

But the most important thing to remember is that unless you are very certain that you are a long term winning player, any amount you save for a bankroll isn't as much of a bankroll as it is a liability/spending account :p.
 
seuatx

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I have always done that myself.. I have never deposited at ftp or ps and have always just played fr, one time i won one which lead to me playing buy ins and eventually i had like 50 bux in there , but stupid me went and played bigger buy ins and lost it all back just like that.....:mad:

so now im back to the freerolls til i get my br built back up
 
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cubixguy77

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it certainly does take some discipline to build the roll.
resisting that urge to jump up to the biggest stakes your roll can handle is the biggest part. be reasonable, and be patient, and you should succeed.
 
Nexar

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I have always done that myself.. I have never deposited at ftp or ps and have always just played fr, one time i won one which lead to me playing buy ins and eventually i had like 50 bux in there , but stupid me went and played bigger buy ins and lost it all back just like that.....:mad:

so now im back to the freerolls til i get my br built back up


So you actually got $50 in freerolls?
that is skill!
 
dresturn2

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I have been having the same problem but I think i got the remedy now......Im just trying to be patient and I try to stay focused on my goal.....I found that i wasted alot of my time trying to clear bonuses during happy hour and that only ended up costing me about as much as the bonus
 
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toopie

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this is what im bad at

Yep... i need help with BRM to. I get up to like 90 dollars and lose it again and im back to the start. seems like this always happens to me i need to play smarter or something. and control it better..
 
micalupagoo

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very great thread with very valuable advise...I usually have the same problem, have turned nothing into 100$ish, play bigger games, and lose it all.
I like the advise duffer gave, only use a small percent of your bankroll- very valuable advise, which, when i follow, works well- and is what i also tell all other aspiring gamers.
I like how bogweed said it : BRM is the dividing line between a poker player and a poker gambler
but no matter what, by reading here, and elsewhere,it seems to have happened to most of us, which i guess is just putting us up a skill level in this crazy game.
its easy to lose it all in a night, but takes a lot of hard work and patience to turn nothing into 10$ then into 100$ and into....(and what, back to 0?) or proper BR management....
play the limits your used too is also great advise, its easier to get bullied if your in a bigger pond than you're used too.
but here i go off, just got 50$ in my acct (deposited for the first time after years) (( cuz im sick of the penny tables, and my time is worth more than freerollin now)... and of coarse no management from me...half gone, but a payout in the 10$ midnight madness (ftp) (game aint done yet, but ITM(in the money), so , i got a lot to learn still:) but then again, i am a poker playin gambler, won lots, lost almost as much:)
best of luck to you (and all) and hope this post here helps everyone improve.
miss you people here, havent played much this summer...and pushed out of the freeroll club:(
but....play with you all again one day
or look me up (mostly on FTP)

good night
 
Gorblid

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BRM is the hardest lesson to learn at poker.
I myself freerolled over 10$ more then 15 times and always back to 0$ at the end.
only now after 15 times i somewhat learned how to keep my roll stable, but still tilting and playing bigger games then I should.

Good luck everyone :)
 
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losts0ul

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I started on pokerstars with $0 and won money through freerolls, took me about a month to get it to $80 and went on a downhill and lost it all. Now playing more freerolls again to build my bankroll up again. I think you and I may have the same problem just like a lot of players out there, moving up to a higher stake too early and thus losing our bankroll. I guess its a lesson and try not to make the same mistake twice would help.
 
Bankroll Building - Bankroll Management
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