Warrior1961
Legend
Bronze Level
Hi again, everybody.
I post this and I will not publish more about bankroll management (I hope that my publications do not bother the extensive).
This man nicknamed Manrique was an old roulette player, considered a "guru" in his field, but, beyond the origin of this type of management, I find it interesting to try to adapt it to poker.
I enclose below the bankroll management theory of Manrique.
Manrique Cash Management
- Divide all your available capital (that which you know you can lose without complicating your life) in 20 or more modules and if that is not enough for the minimum play, dedicate yourself to putting it together. I call it a minimum move to a module that resists 20 positions at a simple chance. The idea is not to duplicate again and again, but to grow in an arithmetic way in order to obtain sustained and continuous income, leveling out imperceptibly using increasing modules with capital obtained from the game.
- It is important to have a relatively important box in quantity of chips, divide it into 20 boxes if possible, 30 better, 10 can walk and in turn each box of 10 or 20 take them to a session, if possible composed of more than 100 chips no matter if it is 50cvs, in the long run the accumulation of profits leads us to higher values.
- Now with my 100 or 200 chips, I hope to win 1, only 1 before the casino wins 200. Logically I do not stay there but now I have 201 and look for 1 again and so on. Now what happens if I lose ... The less I lose the better, the least I can lose is a chip. Of course, losing one by one makes it unbearable and slow.
- The key is to earn values close to 1% of the total capital and accumulate (make the account in one year). The second part of the key is not to go into crazy progressions, that is, to know how to cut by accepting transient losses. The casino wins especially because we lose and because of its immense brute force. Investing things then is what I do.
Remember that when I started the subject I said "I win every week", I never said I win every night.
To earn 1% daily and cumulative, I don't care about the final result, and not the partial table balances or that day. That means that if a given table leaves me an occasional loss, I take it as only transitory and I do not insist on wanting to recover at all costs in "that table", my philosophy is for the moment I lent him some money, which later I will have to return. In the event that in that session other tables make me reach 1% or more of the total, I realize that the losing table received a loan from the winners which will not have to pay back.
- IMPORTANT: you should never let the breakdown be important at a table, in a day or any section that is considered, so I emphasize the micro games.
Suppose that my capital is 8000 chips (no matter the value) my goal of the day is to win 80, well enough to win a stance of 80 chips at a simple chance, although my recommendation is to win 10 micro games of 8 chips or 5 of 16.
We know that we have 8000. My goal is to win now 16, I can play in a single chance or double chance using a very smooth progression, for example play 20 after I lost 5 times 16 until I recovered. In no case do I exceed a pre-established limit, for example, losing 100 chips at one table, because those 100 chips are recoverable at other tables, other days, other weeks do not matter, what does matter is that to do 1% daily after I lost let's say 1 % I do not need to earn 2% the next day but something else, but part of the secret is to recover it by earning for example 1.2% in 5 days.
It will also happen that they will have days of more than 1% say 4 or 5%, very well not to prime and continue with the averages.
- When I started my participation in the forum I talked about 20 boxes and talked about earning 1% daily.
The other half of the matter, perhaps the most important is that I never lose more than 3% of the box in one day.
If I have 10 thousand units (chips) each of my daily boxes is 500 units but I can only lose 3%, that is, 300 chips. The remaining 200 function as a "reserve tank" and it is the capital with which I will begin the recovery the next day to approach the average of 1% daily accumulative.
In case of losing I will have lost 2.5% daily instead of 3. As you will see, I play what I play when I lose under my exposure because one of the laws of Manrique says that at bad times better to grab them by playing little.
Having different systems allows you to adapt the strategy when you start a session. You use riskier systems if you accumulate above 1%, you become conservative when the storm rages.
The Golden Rule
Each token that is won is thrown into your pocket.
Selective Erosion
The ultimate goal erode the casino with 1% daily profit.
To achieve this in addition to winning we will try to reduce our loss.
If we carry 100 chips according to the Golden Rule of Manrique I can only lose 100 at most, and that will only happen if I do not have any tranche earned something above 100 because in that case that surplus cannot be lost.
Now if when I have a game condition I save that first position, let's say 4 tokens, I will necessarily only be able to lose 96. Playing, I can win or lose, not playing ALWAYS save those 4 and I say I don't win.
Achilles and the turtle
That is, we carry 100 chips, if we lose 50 (it will depend on the method, and some other parameters) we continue with the method but playing chips of half the value, so that I have 100 chips again. Surely I will not be able to trace that day until I reach 100 of the initial value (or maybe if) but the loss will be considerably less.
Note that from the beginning I speak of 20 boxes of 20 units, my 20 units could be 200 tokens, that is 100 double the value.
We can apply Manrique's Inverse Quantum Leap, which is the potentiation of Manrique's Selective Erosion to the values that best suit us having our balance always in sight.
If I am approaching 1% daily, still losing 30 chips that specific day, because I do not apply the SCIM there and start tracing the 30, or in the worst case lose 45 instead of 60. Go home and keep 1% daily of the last 34 days or of the last decade.
To the extent that our daily box is consolidated in multiples of the minimum card, more flexibility gives us the SCIM, because we can apply it for 20, 10 or 5 cards in successive steps. The recommendation is to return to the initial card only when recovering the entire initial box.
Communicating vessels
The totality of a lost daily box is distributed among all the available boxes, so we will always attack our next session with the same amount of boxes, although of lower value.
If we start with 20 boxes and lose a box automatically and dilute the loss between the remaining 19 boxes, we can now have 20 boxes again, it is true that of less value, but 20 boxes at last.
Vegetative growth
Our basic objective is to achieve 1% daily of the total box, that is equivalent to 20% of the daily box, when the total box is subdivided into 20 boxes. For any intelligent person it is an ambitious goal but for 99% of those who go to the casino it is insufficient, so they prefer to lose everything. (Paradox of the Perfect Loser phase 1).
Suppose 5 consecutive days in which we achieve exactly our goal, our total box will now be 21 boxes a day and a little more (the rounding, you know is for daily expenses, personal tastes or for charity).
While we win our daily boxes, they will always be the twenty-part of the total (without stopping applying the Golden Rule of Manrique or the Selective Erosion of Manrique). The communicating vessel strategy begins to operate at a loss in this case by eventually losing all our daily box we will return to the attack the next day with a full box since we lost everything we had won is like starting from scratch.
But if when the total loss occurs our total box exceeds 21 daily boxes then the communicating vessels will work with 21 compartments, in the same way with 22, 23 24 etc.
Balance Protection
It is important to emphasize that while we play more when we win, that more has to do with our daily box, but especially with our global box.
Suppose having a session with a profit of 50 chips being our 40 goal.
We then have 10 tokens to try the MPM.
We could bet 10 chips in full looking for the near miracle or make for example 3 bets of 2 full with a card of protection to streets for 3 balls, so if we lose the first with the full we still protect ourselves with the street and we can be winners although MPM does not occur.
Playing the surpluses, does not mean "throwing away" the surpluses, each chip that is not played is a chip that is saved and although we must play to win we do not need to squander what is left over once the daily goal has been reached.
In the case of hitting a full with 2 chips we are in the situation of adding 72 chips to our 40 win, so we can for example make bets looking for the MPM, separating for example 20 chips from the 112 to try.
NEVER, get it right, you NEVER risk all of the gains beyond the daily goal, you play with the same prudence as the rest of the bets.
"We must limit the losses and not the profits."
Manrique.
I post this and I will not publish more about bankroll management (I hope that my publications do not bother the extensive).
This man nicknamed Manrique was an old roulette player, considered a "guru" in his field, but, beyond the origin of this type of management, I find it interesting to try to adapt it to poker.
I enclose below the bankroll management theory of Manrique.
Manrique Cash Management
- Divide all your available capital (that which you know you can lose without complicating your life) in 20 or more modules and if that is not enough for the minimum play, dedicate yourself to putting it together. I call it a minimum move to a module that resists 20 positions at a simple chance. The idea is not to duplicate again and again, but to grow in an arithmetic way in order to obtain sustained and continuous income, leveling out imperceptibly using increasing modules with capital obtained from the game.
- It is important to have a relatively important box in quantity of chips, divide it into 20 boxes if possible, 30 better, 10 can walk and in turn each box of 10 or 20 take them to a session, if possible composed of more than 100 chips no matter if it is 50cvs, in the long run the accumulation of profits leads us to higher values.
- Now with my 100 or 200 chips, I hope to win 1, only 1 before the casino wins 200. Logically I do not stay there but now I have 201 and look for 1 again and so on. Now what happens if I lose ... The less I lose the better, the least I can lose is a chip. Of course, losing one by one makes it unbearable and slow.
- The key is to earn values close to 1% of the total capital and accumulate (make the account in one year). The second part of the key is not to go into crazy progressions, that is, to know how to cut by accepting transient losses. The casino wins especially because we lose and because of its immense brute force. Investing things then is what I do.
Remember that when I started the subject I said "I win every week", I never said I win every night.
To earn 1% daily and cumulative, I don't care about the final result, and not the partial table balances or that day. That means that if a given table leaves me an occasional loss, I take it as only transitory and I do not insist on wanting to recover at all costs in "that table", my philosophy is for the moment I lent him some money, which later I will have to return. In the event that in that session other tables make me reach 1% or more of the total, I realize that the losing table received a loan from the winners which will not have to pay back.
- IMPORTANT: you should never let the breakdown be important at a table, in a day or any section that is considered, so I emphasize the micro games.
Suppose that my capital is 8000 chips (no matter the value) my goal of the day is to win 80, well enough to win a stance of 80 chips at a simple chance, although my recommendation is to win 10 micro games of 8 chips or 5 of 16.
We know that we have 8000. My goal is to win now 16, I can play in a single chance or double chance using a very smooth progression, for example play 20 after I lost 5 times 16 until I recovered. In no case do I exceed a pre-established limit, for example, losing 100 chips at one table, because those 100 chips are recoverable at other tables, other days, other weeks do not matter, what does matter is that to do 1% daily after I lost let's say 1 % I do not need to earn 2% the next day but something else, but part of the secret is to recover it by earning for example 1.2% in 5 days.
It will also happen that they will have days of more than 1% say 4 or 5%, very well not to prime and continue with the averages.
- When I started my participation in the forum I talked about 20 boxes and talked about earning 1% daily.
The other half of the matter, perhaps the most important is that I never lose more than 3% of the box in one day.
If I have 10 thousand units (chips) each of my daily boxes is 500 units but I can only lose 3%, that is, 300 chips. The remaining 200 function as a "reserve tank" and it is the capital with which I will begin the recovery the next day to approach the average of 1% daily accumulative.
In case of losing I will have lost 2.5% daily instead of 3. As you will see, I play what I play when I lose under my exposure because one of the laws of Manrique says that at bad times better to grab them by playing little.
Having different systems allows you to adapt the strategy when you start a session. You use riskier systems if you accumulate above 1%, you become conservative when the storm rages.
The Golden Rule
Each token that is won is thrown into your pocket.
Selective Erosion
The ultimate goal erode the casino with 1% daily profit.
To achieve this in addition to winning we will try to reduce our loss.
If we carry 100 chips according to the Golden Rule of Manrique I can only lose 100 at most, and that will only happen if I do not have any tranche earned something above 100 because in that case that surplus cannot be lost.
Now if when I have a game condition I save that first position, let's say 4 tokens, I will necessarily only be able to lose 96. Playing, I can win or lose, not playing ALWAYS save those 4 and I say I don't win.
Achilles and the turtle
That is, we carry 100 chips, if we lose 50 (it will depend on the method, and some other parameters) we continue with the method but playing chips of half the value, so that I have 100 chips again. Surely I will not be able to trace that day until I reach 100 of the initial value (or maybe if) but the loss will be considerably less.
Note that from the beginning I speak of 20 boxes of 20 units, my 20 units could be 200 tokens, that is 100 double the value.
We can apply Manrique's Inverse Quantum Leap, which is the potentiation of Manrique's Selective Erosion to the values that best suit us having our balance always in sight.
If I am approaching 1% daily, still losing 30 chips that specific day, because I do not apply the SCIM there and start tracing the 30, or in the worst case lose 45 instead of 60. Go home and keep 1% daily of the last 34 days or of the last decade.
To the extent that our daily box is consolidated in multiples of the minimum card, more flexibility gives us the SCIM, because we can apply it for 20, 10 or 5 cards in successive steps. The recommendation is to return to the initial card only when recovering the entire initial box.
Communicating vessels
The totality of a lost daily box is distributed among all the available boxes, so we will always attack our next session with the same amount of boxes, although of lower value.
If we start with 20 boxes and lose a box automatically and dilute the loss between the remaining 19 boxes, we can now have 20 boxes again, it is true that of less value, but 20 boxes at last.
Vegetative growth
Our basic objective is to achieve 1% daily of the total box, that is equivalent to 20% of the daily box, when the total box is subdivided into 20 boxes. For any intelligent person it is an ambitious goal but for 99% of those who go to the casino it is insufficient, so they prefer to lose everything. (Paradox of the Perfect Loser phase 1).
Suppose 5 consecutive days in which we achieve exactly our goal, our total box will now be 21 boxes a day and a little more (the rounding, you know is for daily expenses, personal tastes or for charity).
While we win our daily boxes, they will always be the twenty-part of the total (without stopping applying the Golden Rule of Manrique or the Selective Erosion of Manrique). The communicating vessel strategy begins to operate at a loss in this case by eventually losing all our daily box we will return to the attack the next day with a full box since we lost everything we had won is like starting from scratch.
But if when the total loss occurs our total box exceeds 21 daily boxes then the communicating vessels will work with 21 compartments, in the same way with 22, 23 24 etc.
Balance Protection
It is important to emphasize that while we play more when we win, that more has to do with our daily box, but especially with our global box.
Suppose having a session with a profit of 50 chips being our 40 goal.
We then have 10 tokens to try the MPM.
We could bet 10 chips in full looking for the near miracle or make for example 3 bets of 2 full with a card of protection to streets for 3 balls, so if we lose the first with the full we still protect ourselves with the street and we can be winners although MPM does not occur.
Playing the surpluses, does not mean "throwing away" the surpluses, each chip that is not played is a chip that is saved and although we must play to win we do not need to squander what is left over once the daily goal has been reached.
In the case of hitting a full with 2 chips we are in the situation of adding 72 chips to our 40 win, so we can for example make bets looking for the MPM, separating for example 20 chips from the 112 to try.
NEVER, get it right, you NEVER risk all of the gains beyond the daily goal, you play with the same prudence as the rest of the bets.
"We must limit the losses and not the profits."
Manrique.
