Turned $50 to $350 in 3 days, now whats the best bankroll management strategy??

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wesleyocasio

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Now that I have a decent bankroll to play with, I was deciding to start multi-tabling s&g and cash games (most 4 at a time). Where should I start at as far as s&g's? ex. $6 turbo? (6max) (9max) $13? and where would I start at for cash games? My goal is to get to $1000 by the end of August, how possible is this.
 
wsorbust

wsorbust

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It's quite possible. With great gains, comes great risk. Proper bankroll management probably hasn't been used by yourself up to this point. I'm not saying you're bound to lose it all doing what you are, but it is less likely for you to buy-in for large amounts, such as $13 a sng, and not lose a bunch pretty fast. Then again, there's the Durrrs and other poker savants who prove the whole concept totally wrong, I suppose.
 
ben_rhyno

ben_rhyno

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Just use pretty standard BRM, have at least 20-25 buy ins for cash games, 20-50 buy ins for sng's and at least 50-100 buy ins for MTT's
 
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JEP712

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Now that I have a decent bankroll to play with, I was deciding to start multi-tabling s&g and cash games (most 4 at a time). Where should I start at as far as s&g's? ex. $6 turbo? (6max) (9max) $13? and where would I start at for cash games? My goal is to get to $1000 by the end of August, how possible is this.

If you're going to muti-table a general rule is to have more buy ins. A very confortable and generous BRM for SNG mutitablers is 100 buy ins. So you would be more than good at a $3 stake. Honestly, I don't follow the 100 buy in rule even though I should. I do something half that b/c the rake for the $3 is too high compared to the $5 ones. So I play the $5+$0.50 9max SNG normal speed with around 40-50 Buy-Ins. If I was to ever fall to 35 buy ins, I would move down.
 
norriscjn

norriscjn

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just be careful when multi tableing. Your bankroll can shoot down pretty quick if you have a bad run. Plus rake takes alot also and you wont even notice until you click that cashier button. Even if your 50/50 you still lose money. So be careful, dont try to force it.

If you go tilt when multitableing you will surely notice a huge decrease.

Goodluck!
 
Spookey

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For a 350$ BR i would say you should do this..

I turned 300$ into 4200$ in 2 weeks .. with this strategy

If you want to play SNG dont buy in with more then 5$
If you want to play cash tables play Omaha 0.10$/0.25$ Pot Limit hi or hi/lo

I prefer Omaha becaus there you can find alot of donks willing to go all in every time on a draw xD

Just make sure you stay in the confort zone :)

Confort zone = If you got less then 20 Entryes for the tourney you wana join dont join it drop 1 lvl
If you got less the 20 buy-ins at a cash table you wana join . dont join it drop 1 lvl

I used this principals to go from 300$ to 4200$ ^_^

Hope you find this useful ;)
 
Pascal-lf

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You contradict yourself in your own post re: how many BIs he should have :)
 
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Pokertron3000

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I think to answer this question properlly we need to know how you worked that money up. Did you degen it up all the way or did you use some semblance of BRM it sounds like the former. Anyway even if I am wrong you might have been on a bit of a heater. As others have said follow BRM but if the money means less to you than others you can play a bit looser with how many buy-ins, the best practitioners of BRM know when they should move down limits just aswell as when they should move up.
 
Bankroll Building - Bankroll Management
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