Bankroll Management for MULTITABLE?

dmorris68 said:

Based on past discussions here, you'll get different answers on this.

Many ascribe to the notion that BR is dependent on stakes and number of buy-ins, not on the number of tables you play. As long as you're rolled for an appropriate number of buy-ins, let's just say 50BI as an example, it doesn't matter if you play 50 games sequentially one at a time, or 50 tables all at once.

That said, multi-tabling does increase your variance and lower your bb/100 winrate, so it's becoming popular now to recommend some padding to your BR to allow for the greater likelihood of swings. Of course you shouldn't be playing more tables than you can win at overall, so your hourly rate should climb to compensate.

Personally, I don't pad and I always multi-table, but if you want to really be a nit about it I would say +20% is probably plenty. So if your standard single table BR was 50BI, you might want to make it 60BI before you start multi-tabling. Basically you want to be comfortable whatever it is.

BRM technically doesn't apply to losing players (although it's always a good habit to learn early), and if you aren't a winning player then you probably shouldn't be worrying much about either BRM or multi-tabling. First rule of successful multi-tabling is to be a winner over a decent sample size at ONE TABLE first. Then add one and sustain a positive winrate again before adding another. Rinse, repeat.

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Jones422 said:

thanks for getting back to me, so aslong as im rolled with enough buyins for a certain limit it wouldnt matter if i multitabled aslong as lets say if i did run bad i just move down stakes when i drop below buyins i require for a certain limit?

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dmorris68 said:

Well that logic applies regardless of whether you're multi-tabling or not. Nothing changes about that. Multi-tabling does give you another option though, in that if you add too many tables and start losing an uncomfortable amount, you can either drop back in stakes or reduce the number of tables to where you can sustain a positive winrate.

As I said, I don't consciously pad my BR for multi-tabling. Others do. So take that for whatever it's worth. If you're playing on a minimal BR as it is, as recreational and losing players often do, then you probably want to beef it up a bit first. If you're properly rolled already, and are winning at a single table, then IMO you shouldn't need any padding to start adding tables. The key though is that you're winning at a single table -- if you add tables when you're already losing, then you're virtually guaranteed to multiply your losses.

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