Cashout Strategy???

[SillentHunterZ]

I still don't make profit from poker, but once i get to level to do so, i will withdraw 60% and keep 40% for bankroll.

 

[BlackJesus]

Cashouts depend on bankroll management. If your bankroll is good and with enough buy-ins - you can cash out or raise the stakes.
I would always prefer rising stakes, but the money that is there is so tempting

 

[nutzing]

i say never cash out unless you absolutely need the money. Rule is though you shouldnt be playing with money you cant afford to lose. i say give yourself a good year of playing and maybe cash out yearly.

 

[johnadams1]

I keep all my bankroll on few sites. When i hit the mark [similar one on all of them, about 300BB in stakes i play] due to some mtt deep run or good cash games i make some withdrawals.


Have one rule to never go broke. When im tilting i never go higher up to recover or go with hexa, spin and go stuff as tempting as they are. I always stay on my stakes which im playing ATM.

Oh and there is this thing. After the cashout i feel like im losing a lot more flips then before, like the soft is recovering the losses. I know its probably only in my mind but still, when i have big mtt before me i never make the cashout before

 

[IanP304]

I guess it really depends on your individual circumstances, if you are currently a recreational player looking to turn pro I would assume you are still 'building a bankroll'? If that is the case then I would suggest not making cashouts until you have the roll you require for your chosen stakes.

From then on cash out strategies would vary player to player, some players would base this on profits/results. However is it no better to try not to be results orientated in poker and instead be able to focus on playing a solid game? When you look at it this way and look at how many hours you spend at the virtual felt, would you not want to pay yourself something for your time even when on the negative side of variance?

The best cash-out strategies I have come across on various forums in the passed are based not on results but on volume. So you would pay yourself a % of every buyin you play rather than on the results, the % would vary depending on game type.

Examples I have seen include:

• Heads UP SNG - 1%
• Single Table SNG - 3%
• 18-90man STTs - 4-7%
• MTTs - 8%

I haven't tried this myself as I am still a casual recreational player, however if I was looking to make regular withdrawals and had an adequate bankroll I would follow a similar cash-out strategy to this. Obviously if you have a big win you can still withdraw a chunk of it but at least you can work out your bills/outgoings and then know what volume you need to put in to atleast cover those... regardless of your results.

Good luck if you do decide to make the move to going pro

 

[dregan]

I relate to the withdrawal of money simply. If I have something at the box office and I need money, I withdraw. And don’t need money, so I don’t touch it.

 

[vittopio]

I always keep no more than 10 contributions of my limit, I keep everything else on the map (I learned this from the bitter experience of Black Friday)!

 

[Psyanide14]

I am very recreational and not too concerned about cashing out or not. That said I have cashed out at times (especially when our Canadian dollar is low compared to the US- more money for me). Remember you can always cash out and set that money aside (eg high interest savings account to accrue more money) until the time you need to replenish your bankroll or take advantage of a great deposit bonus without using any “life” money. Just my thoughts.