Bankroll pressure

I think I'm finding myself in kind of an interesting spot with my bankroll and would like to hear your thoughts.

I'm sitting on about 60 buyins which is pretty much the most padding I've ever had. While it's good to have padding for variance, I'm finding that not only am I not respecting my buyins as much as I used to when I was playing 25nl with $600 for example, but I'm not getting any pressure to build my roll.

A good day for me 10 months ago would have been a significant change in my bankroll. Today, it's but a drop in the pool, so I don't get all that much satisfaction.

So basically I'm thinking of either moving up, where I think I would probably start off grinding somewhere between 0-3ptbb/100, or withdrawing like 2/3 of my roll (to save it/spend it on stuff like fixing up the house) and sticking to my current stakes.

Thoughts?

I feel no such pressure, but I've always had an ultra conservative attitude towards my investing. I don't mind putting a few drops in the bucket each day, since I know it will add up. And I like having no respect for a buy-in at the table, since there's no fear in shoving 200+ bb's in the middle.

Idk, if that's what motivates you to play well, then I'd flip a coin on moving up or withdrawing. But for me personally, the money really isn't motivating at all. If I withdrew half my roll, I probably wouldn't even spend it...

Well what I mean for respect for a buyin is that in a situation where deep down I know AK shouldn't play for stacks for ex, I still basically say '**** it' and shove the rest in. It's nothing to do with fear, but just respecting my money and making good decisions with it.

What are your priorities? Do you have a girlfriend/family that would benefit from home improvements or is it just you? Also, there is no way to grow if you dont take a shot, so do you want to move up or are you making a good enough living for yourself right now?

As far as respect for money, a jump in stakes would instantly put that in perspective, especially if you have a bad run when you initially move up.

Personally the more money I have in comparison to how much I risk lets me feel more free to do whatever whenever. Thats my main motivation, so maybe moving up would help you in the same way. But again, thats up to you and your priorities.

just move up yo

If it were me I'd take a shot at moving up.

I'm all for having a healthy disrespect for money, but if your motivation is suffering then it's probably worth a crack at the next level. You can always drop back if it's straight up disastrous, and if it works out you can probably have your cake and eat it by making the withdrawl as well.

seriously move up dude, you are one of, if not arguably the best player on cc, or at least the one with most poker knowledge, so move up and pwn 400nl sir

Why do you even care about the size of your bankroll? For me, building my bankroll quickly became a non-issue and i was much more concerned (in a results sense) with $$/hr etc. I hardly ever even look at my bankroll now.

I know when i started it was all about the bankroll size and i wanted it to grow so that i could move up, etc. but now i couldn't really care less because i'll move up when i want to and bankroll size doesn't really have too too much influence on that--i'm more concerned with being comfortable with playing for the increase in money in the next stake level. Course i withdraw alot of my money and so my roll has remained somewhat static for a while, so that may be part of the reason for changes in attitude.

Move up if you want, but x$$/hr = x$$/hr whether or not you have $3000 in your roll or $30000.

Also set goals for yourself. I know being results-oriented is bad but if you have something to strive for it'll prevent the "oh what the hell" calls because it will hurt your progress to the goal. Making that goal the threshold for moving up is good too. Then you can strive to make it to the next level.

Maybe do both?

I say mentally set a chunk aside and take it to $400NL.
If you blow that set-aside chunk, cash out 1/2 (or whatever) of your entire bankroll and move back down. Then reevaluate when you're roll builds back up.

If you win at $400, keep playing there (duh).

feitr said:

Why do you even care about the size of your bankroll? For me, building my bankroll quickly became a non-issue and i was much more concerned (in a results sense) with $$/hr etc. I hardly ever even look at my bankroll now.

I know when i started it was all about the bankroll size and i wanted it to grow so that i could move up, etc. but now i couldn't really care less because i'll move up when i want to and bankroll size doesn't really have too too much influence on that--i'm more concerned with being comfortable with playing for the increase in money in the next stake level. Course i withdraw alot of my money and so my roll has remained somewhat static for a while, so that may be part of the reason for changes in attitude.

Move up if you want, but x$$/hr = x$$/hr whether or not you have $3000 in your roll or $30000.

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Well it's not something I think is positive, and it's not something I can completely control either. It's like my tilt. Obviously I would block it out completely if possible, but I can't, it's there and I have to deal with it.

this is what i have been thinking about alot lately, online i play cash games with a 25 buy in BR but a live cash game that i play in is a higher limit than i'm used to but i'm really zoned in and play my best game which got me to thinking about taking a shot at a higher level online, thing is though my role prolly couldn't take the variance.
with a 60 buy-in role like yours though i'd defo take a shot at higher stakes

Are you making enough money at your current limits to significantly improve your quality of life?

If you are then stop growing your bankroll. Pick a line that you feel comfortable with (40 buy ins?) and play. Withdraw anything over that amount and put it in a savings account or some other secure investment.

If not then think about moving up.

If I was in you shoes I'd stay at my current limits and use any money over 40buy ins to: pay off my debt, put 3-6 months living exspenses in a checking account, and put a years worth in savings. If it was going to take 5+ years to pull that off then moving up might be better. If I could do it in a year or two...

Debt free with a fat roll and 18 months worth of living exspenses...
That's word.

ChuckTs said:

Well it's not something I think is positive, and it's not something I can completely control either. It's like my tilt. Obviously I would block it out completely if possible, but I can't, it's there and I have to deal with it.

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I always used to constantly check my bankroll and/or HEM to see how i was doing mid session. I realised that it was having a real negative influence so forced myself to not check HEM until i was completely done with the session (sometimes don't even check anymore to see how well a session went), and it makes a really really big difference.

So i'd definitely try to do something about it, whether that be to reduce your online BR (CAD is nice for that atm ), move up (tho i think you should have other considerations which >BR when considering to move up), or somehow find a system which prevents you from being BR-related results oriented.

But stopping to check your cashier makes a real big difference imo.

It is really easy to lose perspective when you aren't playing micro stakes, but living in canada if you start to think that making $500 in a day is nothing because it doesn't really impact your roll that much then you probably have lost a little perspective in terms of the big picture ($500/day = $180k in a year).

if i were you it might be worth it to move up to a little bit higher stakes. That way there is more in stake for you and it pressures you to keep your game in the top form

Rushing out the house now but I appreciate all the replys and your PM, Liam.

I'll reply more tomorrow. For now I think my goal is basically to take some small shots at 400nl to flesh out what the play is like and how I expect to do there. Most likely tomorrow I'll take a peek.

(the person I'm meeting has just delayed so...)

I posted this just as a spur of the moment thing while thinking about the bankroll issue. I wanted to see if others felt the same way: having basically the effects of the mirror image of playing underrolled. I tilt (not necessarily rage tilt) and don't play my best because I'm playing with money that, although it means a good deal to me in real life, doesn't mean much to me in relation to my bankroll. Not that that's justified, but you get the idea.

Double-A said:

Are you making enough money at your current limits to significantly improve your quality of life?

If you are then stop growing your bankroll. Pick a line that you feel comfortable with (40 buy ins?) and play. Withdraw anything over that amount and put it in a savings account or some other secure investment.

If not then think about moving up.

If I was in you shoes I'd stay at my current limits and use any money over 40buy ins to: pay off my debt, put 3-6 months living exspenses in a checking account, and put a years worth in savings. If it was going to take 5+ years to pull that off then moving up might be better. If I could do it in a year or two...

Debt free with a fat roll and 18 months worth of living exspenses...
That's word.

Click to expand...

Good post, definitely food for thought. I'm in kind of a complicated situation right now so it's not that easy, but I guess it never is. I'm in a spot where I *could* change my life significantly by just sticking to my current stakes, but if I were to move up and win consistently like I am atm, then it would change it even more significantly. There's always more money to be desired I guess.

(Next up: investing thread )

feitr said:

I always used to constantly check my bankroll and/or HEM to see how i was doing mid session. I realised that it was having a real negative influence so forced myself to not check HEM until i was completely done with the session (sometimes don't even check anymore to see how well a session went), and it makes a really really big difference.

So i'd definitely try to do something about it, whether that be to reduce your online BR (CAD is nice for that atm ), move up (tho i think you should have other considerations which >BR when considering to move up), or somehow find a system which prevents you from being BR-related results oriented.
+
But stopping to check your cashier makes a real big difference imo.

It is really easy to lose perspective when you aren't playing micro stakes, but living in Canada if you start to think that making $500 in a day is nothing because it doesn't really impact your roll that much then you probably have lost a little perspective in terms of the big picture ($500/day = $180k in a year).

Click to expand...

I've been trying to stop paying attention to the money for about 3 years now

It's easier said than done. I've gone through month+ stretches where both I ignore the cashier/hem graph tab completely, and where I check it every 5 minutes. Lately it's been getting much better as I've been working on it. When I really stop and think about why my winnings in relation to my BR should matter, I can't think of a single good reason though.

I dunno I'm just kind of rambling aimlessly here. I'm still undecided, but I think what I'll do is scope out some tables tomorrow, take some small shots, and try to figure out just how well I'd do at 400nl before making a full move. After all I only have 30 buyins there. If I feel uncomfortable, I'll just keep doing what I'm doing now. Lord knows I still have tons to work on, but I do think I could be a pretty solid winner up there. Maybe I'll just delay a bit.