jazzaxe
Legend
Silver Level
I have read Chris Ferguson's excellent talk about bankroll building. His method for cash games is to never exceed 5% of your bankroll for a buyin and quit when you reach 10%. This works because it is safe. I like to move a little quicker so for better or worse I created a system for myself. My system incorporates a method to not only move up faster but to create a stop gap if you lose a stack. I start with 10% instead of 5% as a buyin. So I have 10 buyins available in my bankroll. I play a certain length of time such as 4 hours. I like a 4 hour block with occassional sitouts to stay fresh. My goal is to double my buyin within that time period. If I am successful I bank the profit and bank one half of it in my bankroll and put out 1/2 of my profit for the next session. So if I start at 100 buyin on session one and double to 200, I will buy in on the next session at 150. So my next buyin always will be 10% of my bankroll plus 1/2 of my last session's profit. If I lose my next buyin is 10% of my bankroll. I like this because it provides me a boost when I get hot and conserves my bankroll in a cold streak. I know a lot of guys like to keep 20 or 30 buyins in the kit, but I would rather redeposit if I get cold to keep me at a prescribed minimum buyin. If you go too low in buyin level it is tougher to get out because of the variance. It seems to work but I realize that doubling your stack is not automatic or by any means simple.