re: Poker & Fixed limit BR queston?
Originally Posted by Mojomax747
Yes that would make a lot of sense and would normally have been enough for me to now understand the concept. But now i am more confused then ever, this is the first time i have read the rule of thumb to be between 10-20 buy-ins. I have read a lot on this forum about br management and 10-20 concept has never been mentioned in anything i have read before. Are you talking about your br management or the general rule of thumb br management?
not really sure what you are asking so will just give general explanation and I will hope that it is good if not ask more specifics.
Bankroll management is good because it is a way to manage your bankroll so It is very very unlikely you will go broke. So lets say you have a starting bankroll of $500.
now with $500 you can sit at $25 nl seeing as you have 20 buy ins total, at $200 you would have 20 buy ins for a $10 nl game so right now you can comfortably sit at $25 NL right? Ok so lets soo you hit a really really sick run and drop that from $500 to $300, now you still have 12 buy ins at $25 NL and you can still sit at that game. The second it drops below $200 you have to move down to $10 NL and rebuild it to at least $250 or more and then you can move up again. If you manage to grind it up to 1k you can move up to $50 NL and the instant it drops around $500 you have to move back down.
that is how you can be sure you will never go bust by moving up and down levels that reflect your bankroll.