This is a discussion on Start at the bottom and work on your game. within the online poker forums, in the Learning Poker section; Many players believe that if they play at the high stakes, they would be able to have an income proportional to the low stakes.
Many players believe that if they play at the high stakes, they would be able to have an income proportional to the low stakes.
This is simply not true. You will not gain 25 times more if you move from the 1 / 2NL level to 25 / 50NL.
When you level up, the proportion of fish to shark ratio decreases, and games become more difficult (players level up).
Starting at the bottom and working your game, you will have confidence that it is good enough to keep on each level. The experience you will gain as you progressively level up will make you a much better player.
Bankroll Control - Conservative vs. Aggressive vs. Standard
There are three methods you can use in terms of bankroll. They all work effectively, depending only on your personality.
1000 big bets for limit games or 100 buy-ins for unlimited games.
This management favors the more conservative players, as the name itself says. Especially those who seek to avoid variance and obtain more predictable yields. With a large bankroll you do not have to worry so much about losing lots of sessions because those bad days will have a very small effect on your bankroll.
250 big bets for limit games or 20 buy-ins for unlimited games.
Aggressive management favors those players who seek to level up quickly and see results in the same way. You should understand that you will find great variance and will not always go straight to high levels. With this management, session losses will have a lot more impact on your bankroll, and sometimes you will need to lower your level if you lose some buy-ins. Aggressive management is much harder to deal with, and requires a truly controlled player who knows when to go up or down to keep his bankroll intact.
500 big bets for limit games or 40 buy-ins for unlimited games.
This management has the best of both worlds, and is the most recommended method for beginner players. Daily, gains and losses will not have a big impact on your bankroll. So you do not have to "go crazy" with bad sessions and you will also be able to see the results in no time.
Create a table
The moment you decide what your bankroll management method will be, create a table to control it. Write down how much you must have to level up and how much you need to have lost to get back to the previous level. Leave your table somewhere where you can always look, as this will ensure that your bankroll goal is met.
Fight against temptations
The concept of bankroll control is very simple, but putting it into practice can be very difficult. It is very common to see players wanting to level up in order to recover the money lost in a bad session. Others never go down as they feel defeated. But the fact is that if you do not play in the proper limits of your bankroll, you will surely end up breaking. But if you use efficient management, you'll stay in the game, become a better player, and consequently increase your bankroll.
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This is exactly what I am doing currently. I am using the conservative bankroll management that you listed above. I set a specific $ Level and am treating it kind of like an RPG game. I relate to that because I play a lot of RPGs. Once I reach that level I can move onto the next level stakes. If I lose 25% of my current level I will move back down to the previous level as to not erase a lot of my progress. I am trying to be super conservative and disciplined with this. I just started up again so I am currently grinding freerolls.
I agree. Good bankroll management is really important thing to master. I started in NL2 with 50 dollars and I have already climbed up to NL10. My own rule is that I have to have 30 buy-ins at minimum for each limit. Then I give myself a chance of 5 buy-ins and if I lose that, I move back down. That used to be 10 buy-ins before but I realized that it just felt too much so I narrowed it down to 5.
Climbing up slowly has really helped me to learn. You will be facing new, better players and different kind of play in every limit and that's why you need to adjust your game as well and learn new things. That is so much easier if you already master the basics from previous limits. Then it is just adding new moves to your game and slowly becoming good at that. I can only assume that I would be eaten alive if I would now suddenly jump to somewhere like NL100. So that's why I'm definitely controlling my game and being really disciplined with my bankroll management.