This is a discussion on MTT Bankroll within the online poker forums, in the Learning Poker section; Due to the higher variance in tournament games what should be a safe amount of buy-in. I am interested in your opinion. Is it similar
Due to the higher variance in tournament games what should be a safe amount of buy-in. I am interested in your opinion. Is it similar for sng? Because I am not sure over my bankroll management. Please help
Variance depends on field size, so you cant be as aggressive with your bankroll in MTTs as single table SnGs. It also depends on winrate and how large swings, you are willing to tolerate? Are you willing to move down or pop more money into the account after a downswing? In that case you can be more aggressive.
A simple system, which has worked well for me, is to generally not play an MTT, which cost more than 1% of my bankroll. So if for instance my bankroll is 1.150$, I will play a mixture of 3,3-11$ MTTs and maybe occationally chill out with a 2,2$ MTT or take a "shot" at a 16,5$ MTT. In this way I keep my average buyin around 0,5% of my bankroll, which make huge swings to my roll somewhat unlikely. Going broke is not possible with this system, if I am a winning player, since I will automatically move down, long before that happens
Depends on a number of factors but at least 100 buy ins. You will want more if you play turbos due to their higher variance. You can have less if you play micro MTTs and are able to supplement your bankroll with freerolls or an occasional deposit. Just remember to only play what you can afford to lose.