bankroll manegment lesson learned...

J

johnny2shoes

Rock Star
Silver Level
Joined
Dec 15, 2013
Total posts
113
Chips
0
hello cc ers, in the past few days ive lernt a valubable lesson [to me anyhow] in bankroll management and tought i would share it with you as i myself am a newishbe, [new word]. at poker [5 months]. i usally play cash games [stars] micro stakes but fancied a bit of a change so in the past few days ive been playing sit and goes [1.50]. was doing ok with these so i thought i would try my luck at the 3.50 ones, i played 3 and never got a place. so i went back to 1.50 ones and started placing again, my conclusion being im not upto playing that level. then after winning one of my sit + goes i noticed i hadent reset the filter and had just won a 3.50 one. after looking back at the histories i noticed when i knew i was playing 3.50s i was making a lot of bad decisions. loseing 3 3.50 ones can make a bit of a dent in the roll ive got at the moment but losesing 3 1.50 i can live with sort of speak. even if we try not to let higher stakes influence are decisions if were not properly rolled it can even subconsiously. a bit drawn out for what im trying to put across.. does it make any sense to anyone, G.L guys and gals.:p
 
J

johnny2shoes

Rock Star
Silver Level
Joined
Dec 15, 2013
Total posts
113
Chips
0
sorry bad spelling whats [valubable] another new word..lol.
 
Diogo Jorge

Diogo Jorge

Rock Star
Silver Level
Joined
Mar 1, 2014
Total posts
230
Chips
0
I think you should have 100 buy-ins of 3,50$ in your bankroll to start playing that levels. A nice bankrooll manegment it is that way and you need a great sample of tourneys to make sure you are a good or bad player in that levels. But good luck with your game dude, i hope you do well and keep up the good work studying
 
suby_rafael

suby_rafael

Legend
Silver Level
Joined
Feb 24, 2014
Total posts
1,039
Chips
0
Playing a higher stakes game to normal can alter the way you play even though you might be confident of it not affecting you but i think think it does, sometimes it affects a little bit other times more depending on different people. When i play a higher stake then i tend to be more conservative than usual as i don't want to take many risks, that can set you back in a tournament sometimes especially in turbo sit n go's where blinds increase quickly. Then we are always playing catch up and trying to get in a coin flip situation to help us finish in the money.

Therefore yes it can lead to bad decisions and it is therefore best to play within the stakes you are comfortable with for optimal decision making so that you don't come under any pressure bankroll wise. And also it is not good bankroll management for the long run.
 
Arjonius

Arjonius

Legend
Silver Level
Joined
Jun 8, 2005
Total posts
3,167
Chips
0
I think you should have 100 buy-ins of 3,50$ in your bankroll to start playing that levels. A nice bankrooll manegment it is that way and you need a great sample of tourneys to make sure you are a good or bad player in that levels. But good luck with your game dude, i hope you do well and keep up the good work studying
BRM is about more than having X buyins to play a particular level. There's a small factor called ability. For example, if you're only profitable at a level after you factor in rakeback, you're probably not ready to move up no matter if you have way more than 100 BI.
 
rifflemao

rifflemao

Pugs Not Drugs
Silver Level
Joined
Jun 8, 2013
Total posts
4,567
Awards
1
Chips
120
Playing a higher stakes game to normal can alter the way you play even though you might be confident of it not affecting you but i think think it does, sometimes it affects a little bit other times more depending on different people.

Great point. Tilt can be a big factor in poor brm, but is sometimes left out of the brm discussion even in poker psychology books. If you change your game at higher stakes, you're on tilt and at risk to players who are comfortably rolled for the game (or just super confident and indifferent to swings).
 
H

hffjd2000

Legend
Silver Level
Joined
Jan 6, 2014
Total posts
2,329
Chips
0
Thats why you have to base your participation:

Cash game: big blind over bankroll.

Tournament: buyin over bankroll.

You can make your BM system according to your present/future bankroll.
 
Bankroll Building - Bankroll Management
Top