Professional bankroll management

Dubstep

Dubstep

Visionary
Silver Level
Joined
Oct 4, 2013
Total posts
512
Chips
0
I want to use a conservative bankroll management something that is possible to play poker and live off at the same time. I am going to play a mix of regular, turbos and hyper turbos and was wondering if i should change my buy in amount for each type of speed?. How many buy in should i have? Im thinking 200 or 250 for regular but im not sure about the rest?
 
steveiam

steveiam

CardsChat Elite
Silver Level
Joined
Jan 9, 2013
Total posts
3,625
Chips
0
How many buyins you have is irrelevant. What is your ROI and how big is your sample size ?

If your ROI is 10% or example you will make $10 for every $100 invested.
so to earn $1000 you will need to buy in for $10k.

And is that per week or per month ?
 
loafes

loafes

Legend
Silver Level
Joined
Aug 16, 2013
Total posts
1,049
Chips
0
How many buyins you have is irrelevant. What is your ROI and how big is your sample size ?

If your ROI is 10% or example you will make $10 for every $100 invested.
so to earn $1000 you will need to buy in for $10k.

And is that per week or per month ?


He isn't asking about profitability. All he is asking is how many buy ins he should have to cover good BRM for a professional. Given that's his question, I think the number of buy ins is very relevant :p





OP I think 200-250 is about right for a professional player. But of course that should be seperate from your "life roll" oh and for turbos around 300 should be pretty safe. As long as you are a winning player then 250-300 buyins should be enough to avoid going bus to and enough to weather any downswings
 
Arjonius

Arjonius

Legend
Silver Level
Joined
Jun 8, 2005
Total posts
3,167
Chips
0
It's not as simple as having X buyins. As a pro, you have to factor in that you'll be taking money out of your roll to cover your living expenses, and this will happen whether you win or lose. So while you should start with enough money set aside to cover your expenses for at least a few months without dipping into your BR, that just delays the inevitable since it will get used up unless / until you replenish it from your poker BR.
 
W

WiZZiM

Legend
Silver Level
Joined
Oct 28, 2009
Total posts
5,008
Chips
0
It's not as simple as having X buyins. As a pro, you have to factor in that you'll be taking money out of your roll to cover your living expenses, and this will happen whether you win or lose. So while you should start with enough money set aside to cover your expenses for at least a few months without dipping into your BR, that just delays the inevitable since it will get used up unless / until you replenish it from your poker BR.

this


also adding to this, mixing game speeds is difficult. they each require slightly different skill sets in order to achieve good/great results.

its best to master one format, and then move on to mixing different game types.

also, google an expense report. make sure you put in correct figures, and make sure you actually put more money than you think you will need, like, if rent is 150, put 170 just to be on the safe side. once you have a monthy or weekly goal, you then have a starting point for how much money you need to make per month, or per hour to achieve your goal.
 
M

madmonster

Rising Star
Bronze Level
Joined
Mar 12, 2014
Total posts
13
Chips
0
I been looking for videos of players doing what ur doing tryn to earn a live of there winning at the same time wish someone could make a video like a documentary lol that would be good
 
Bankroll Building - Bankroll Management
Top