This is a discussion on Bankroll management advice!? within the online poker forums, in the Learning Poker section; Hey everyone. I have been playing on betonline for a few months now... I never seem to do great multi tabling micros even though i
Hey everyone. I have been playing on betonline for a few months now... I never seem to do great multi tabling micros even though i usually play good poker at least in my opinion. Tight aggressive poker... I started playing mtt's 1 to $2 buy ins ones with rebuys and add ons. (Seems to ad alot of value to the payouts) i have won 3 and placed in 2 others out of about 23 entrys... My current bankroll is just above $400. My question is should i stick with mtt's and how long before i should move up to say $5+ buy in mtt's? Thanks for any advice!
17th October 2015, 12:27 AM
Online Poker at: PokerStars
Game: No Limit
50BI's for cash and 100 for MTTs is a good rule of thumb. The more confident you are in your game the less you need and vice versa.
18th October 2015, 12:04 AM
Poker at: PokerStars
Game: Holden & PLO
re: Poker & Bankroll management advice!?
For me personally BRM are a very personal matter and depends/varies from player to player, the factors that affect it are mostly...
* Your "TRUE" ROI/Winrate. This is the ultimate variance killer, higher ROI/Winrates will make you less sensitive to downswings meaning they wont come often and they wont last long. Lower ROI/Winrates players will also need more buy ins to play certain formats than those with higher ones.
* Monthly volume. The more you play, the faster you will get out of downers and/or the more you will maximize your hourly. Low volume players will need a lot more buyins toplay certain formats than those that do play a solid/standard number of games/hands a month.
* Prone to tilt. This is very important, usually the less prone to tilt you are towards variance the more capable you will be to sustain you´re A-Game the longest on your session maximizing the EV of your decissions. Very sensitive guys, those that get upset everytime their AA gets cracked by 72, will see their quality of decission lowered dramatically, hence will be needing more buy ins than those that can unplugged their feelings/emotions from their short term results.
* Posbility to reloads. If you have the chance to reload your bankroll then you wont be needing a much buy ins as someone with less chances. Guys with posbility to reloads will need less buy ins on their cashier than someone that doesnt.
* How often you study. This will help you keep your thought process/Decission making sharp and ahead of the learning curve of poker. Those that reraly study will need more buy ins on their cashier than someone that is constantly posting hands on forums, analyzing hands on study groups or just with other more experience players, etc.
Once you get all this factors just play around with a variance calculator to the statisticall likelyhood of the worst posible scenarios, i use this one...
That's a nice BR from those MTTs If I were you I would keep playing the same, unless you are in a hurry. If you are it's a big mistake. Take your time. But I would throw in one of those $5.50 MTTs once in awhile. And when you do, think about how much you what to spend on that tourny, and stick to that. I do that myself and it has helped me keep a BR. I make myself win the buyin for the bigger MTT I want to play sometimes. Anyway GL to you