ive been playing 1/3 . 2/5 match stack. and the buy in for the 1/3 is $100 to 400 and the buy in for the 2/5 is pratically the same its $100 to $500. but you can match the stack after you play 1 hand. ive noticed lately that alot of players just min buy in and never match the largest stack. i uaually buy in for the max and then match up. ive been having about a 70% win rate. but ive seen people buy in for $100 and then just run it up. they will go all in with any broadway cards preflop. ive seen a guy the other day buy in for $100 and cash oit for $2500. they will play real loose til they get about a grand in front of them then play real tight. i asked y he does that he said that way he doesnt really care if he gets felted cause its all freeroll money and he plays way better that way. he said that hw never under real stress causa he only boughr in for $100 and ifhe looses his stack oh well it only costed him a $100. he says that way hes playing stress free and he can make bettet decisions that way.
For me, playing live poker is about getting the time. I only play at casino poker rooms while on vacation. Usually, my wife will have a spa day or go shopping so I can play. It is not about the money...I play $1-2, but I always buy in for the table max so I do not put a target on my chest. I play stress free, but I am a competitive person, and I always play to win.
When you limit your buy-in, notably in a no-limit game, you are limiting your risk in a given hand. Theoretically, for people who play recreationally, are more risk averse, or believe they're not one of the stronger players at the table, this may be an effective practice.
Seems purely psychological. Imagine if that same guy would have sat $500 instead of $100 and ran that up. Intuitively, since they were the short stack. All the hands they won to double up and run it up had the potential to be larger pots if they had more behind. So while limiting losses by buying in short you are also limiting wins. If you get all your big hands early in the session and double up three times you made $700. If you bought in max and doubled up $500 three times you made $3500. Obviously it's harder to double up the larger your stack gets but you get the idea. Also, playing short stack poker is very different than deep stacked. So you need to be good at playing a short stack to even consider this. If you are equally good deeper stacked then the only advantage is limiting your losses (which also has the side effect of limiting wins). Once the chips are in your stack it's really a mind game to say that if you lose the stack you only lost your $100 buy in. If you can't afford to buy in full then by all means, buy in short. But if you can't play your best unless you buy in short you are probably playing over your head and need to work on back roll management, mental game, or both. Pick your poison I suppose.