Originally Posted by doops
Here's the thing -- it's dang easy to lose $50 or more in a day playing at the stakes you want to play, if you play a lot. That's if you are a good player. Because the normal swings at that level encompass, easily, a $50 loss. It's expected that some days will not go well. The point of BRM is to accept the swings and have enough of a cushion to survive them.
If you lose your roll, you won't get to 1000 points, and, of course, you will have nothing to withdraw. Chasing the points for a bonus or some other thing is often a great way to go broke. (Been there, done that & am determined not to do that again.)
So either you cultivate patience, play at low levels for a longer time and use BRM, or you throw caution to the winds. You choose. No whining. Both have drawbacks. If the latter, expect to redeposit if you don't get really lucky. Excuse me -- deposit for the first time.
Exactly what they've ^ said.
Forget about the 1,000pt. thing. Instead focus on trying to slowly build the roll. I've seen countless number of people, make a few scores & then immediately jump up in buyins (they're 'treating' themselves??) and every single time they go busto. It is fact.
It is said (all over the place) that even the very best poker player would go busto if they didn't practise some form of Bankroll management.
It is not uncommon for an excellent player (even the guy who is leading the SNG leaderboard... aka the most wining player at the particular level they play on) to go 20 games in succession with zero cashes... & 10 in-a-row is not that unusual at all... it happens (even if you're getting it with the best of it a large percentage of the time). You need to play at a level where having a bad run of it won't crush your bankroll.
BRM is like abc rule1 of poker.
Obviously you'll have less variance by playing the DoN's but I'd suggest playing at low buyins. Maybe consider playing a $5 once you hit $75... but NEVER a $10.