You do NOT need 100 Buy-ins to play a tournament. That's crazy.

[foran]

have a good bankroll is necessary for a regular player, that makes you play without fear of losing, make the right decisions without thinking that if you eliminate you run out of money.

 

[fundiver199]

The concept of a poker bankroll is all about minimizing the risk of gowing broke, so that you can no longer play. If you are a recreational player, who is able and willing to take money out of your paychecks to play poker, then you dont really need a bankroll.

However that being said some kind of responsible money management is still a decent idea. If you play online, and 200$ is all, you can afford to deposit now, then its not the best idea to spend half of that money to buy into the Sunday Million. Instead you should play lower buyin event to give yourself a better chance of winning and improve your game.

But if you just want to try the Sunday Million one time to chase that big lottery win, and the rest of the time you dont play at all or on another site, then of course their is no need to deposit 10.900$ of pokerstars. In that case you can just consider it like spending 109$ to take your spouse out for dinner.

 

[Kenshin93]

Well, i am somewhat losing player who has tried agressive approach by depositing like 100 euros per month and trying to build a roll from there playing MTTS or cash games ranging from 10-20 buyins for the games i tried. And so far every damm time i do well at the start but inevitable downswing hits and i end up reloading next month to try again.

Now that i look back on it and review hands i find that if i hand significantly higher roll these downswings instead of proving fatal would have been survivable, but instead after loosing 10 of the 20 BI i usually go on a dammed monkey tilt , as loosing 50% of my roll due to suckouts drives me crazy. But if i this was just 10% of my roll i believe i would be just fine, so my next goal is to train discipline to only play games for which i have 100BI.

Any advices how to discipline myself on that would be much appreciated.

 

[Luvepoker]

If you are fine just taking some funds out of you paycheck every 2 weeks that fine and you wont need a bankroll. If you set aside funds and never wanted to or at least less likely not go broke then you want to have 100 buy in to be safe.

 

[Micro Maven]

Well, i am somewhat losing player who has tried agressive approach by depositing like 100 euros per month and trying to build a roll from there playing MTTS or cash games ranging from 10-20 buyins for the games i tried. And so far every damm time i do well at the start but inevitable downswing hits and i end up reloading next month to try again.

Now that i look back on it and review hands i find that if i hand significantly higher roll these downswings instead of proving fatal would have been survivable, but instead after loosing 10 of the 20 BI i usually go on a dammed monkey tilt , as loosing 50% of my roll due to suckouts drives me crazy. But if i this was just 10% of my roll i believe i would be just fine, so my next goal is to train discipline to only play games for which i have 100BI.

Any advices how to discipline myself on that would be much appreciated.

One trick you can do, if you start well, withdraw your original deposit (100 euro) and only gamble with your profit. Then you will not feel as sick if you blow it.

As for having the discipline to play within your bankroll... maybe try to split your roll amongst 2-3 different sites so you can only tilt off 1 at a time. I struggle with this too, let me know if you find a way to do that .

 

[Kenshin93]

One trick you can do, if you start well, withdraw your original deposit (100 euro) and only gamble with your profit. Then you will not feel as sick if you blow it.

As for having the discipline to play within your bankroll... maybe try to split your roll amongst 2-3 different sites so you can only tilt off 1 at a time. I struggle with this too, let me know if you find a way to do that .

Tried withdraw strategy, but it aint seem to be working. My upswings never seem to be more than 2-3 BI, but when i swing down...... oh boy.

I tried splitting, between sites, but that just makes me 2 small rolls wich are even more suseptable to tilting and i donk them off even faster.

One thing that helped a bit is pokerstars playing limits. Unfortunately i am that idiot which after loosing 50% of his roll decided to chase looses faster and sometimes it works.... at first. ........ you know the rest....

 

[japg11]

If your approach as a recreational player is correct. But for a professional player 200 buy ins is the minimum to play mtts.

 

[sibird]

Bankroll management only applies to winning players who are playing for a living.So sure, if you want to grind on tournaments only as a way to make a living, yes you need 100 buy-ins to deal with variance.


If, however, you just want to play in a tournament one time, or even like once a week, all you need is 1 buy-in.


I play a live tournament at the local casino once a month. The buy-in is $175, there is no way that I need $17,500 is a seperate account (bankroll) to play this tournament, I just need $175 and I need to understand that in 2 weeks I get another paycheck if I would like to play it again!

No, you don't need 100 buy-ins since you are playing once in a month and within one month you have the resources of getting another $175/-. That indicates that you are not dependent on poker and also you are not playing for living.
Usually players who play for living want to keep enough in bankroll so that they may not face shortage of funds as they will need to play everyday.

 

[dungnc284]

The best way to manage your bankroll is to always use 5% of the money you have. Applies to all poker genres

 

[fundiver199]

Well, i am somewhat losing player who has tried agressive approach by depositing like 100 euros per month and trying to build a roll from there playing MTTS or cash games ranging from 10-20 buyins for the games i tried. And so far every damm time i do well at the start but inevitable downswing hits and i end up reloading next month to try again.

Now that i look back on it and review hands i find that if i hand significantly higher roll these downswings instead of proving fatal would have been survivable, but instead after loosing 10 of the 20 BI i usually go on a dammed monkey tilt , as loosing 50% of my roll due to suckouts drives me crazy. But if i this was just 10% of my roll i believe i would be just fine, so my next goal is to train discipline to only play games for which i have 100BI.


Any advices how to discipline myself on that would be much appreciated.

100€ is more than enough to start up a poker bankroll. But it require, that you are actually a winning player, and it also require you to start at 2NL cash games or tournaments with no more than a 1$ buyin.

It is for sure not very exciting to play for pennies, but if you really want to be a winning player, there is no way around starting from the bottom. I started with 100$ and played maybe 20.000 hands at 2NL before moving to 5NL.

 

[chiefmax]

Bankroll maagement is defenitley for poker grinders. if your goal isnt to steadily grow an account over a long while you really dont need any bankroll managent. same thing as someone saying you need $1000 to spend $10 on a movie ticket.

 

[RasterGFX]

I play a live tournament at the local casino once a month. The buy-in is $175, there is no way that I need $17,500 is a seperate account (bankroll) to play this tournament, I just need $175 and I need to understand that in 2 weeks I get another paycheck if I would like to play it again!

Sound advice. However, don't forget to bring that lil' bit extra to cover any add-ons that would be available. As a bonus, if you don't make it to the add-on break you can always play your favorite slot machine on the way out.

Good Luck all!

 

[RasterGFX]

This thread made me chuckle. Very true, the Sunday million doesn't ask you to show them your $21,500 bank statement before you register, if you've got the 215 bucks then you're in the tournament. There's a big focus these days on BRM all of which I'm in agreement with because I've seen how violent the swings are in pro careers. But yes if you are just playing once a week for fun and don't care about the outcome then I say go for it. Just remember not to whine when your big pair gets cracked by a set during the first hand of the tournament. It can and will happen.

I remember the first time this happened to me. Friday night couldn't get to sleep because of a big Tourney on Saturday. Got about 5 hours sleep. Got all ready, stopped at Dunkin Donuts for my coffee. Bought into the tourney and sat at my spot. First hand AA, did a smoth call and the board flopped rainbow 258. I x2 bet. Was x5 bet raised. Called. J on the Turn. I x3 bet, was pushed all-in. Called. River K. I showed my AA. He showed 55. I just got up and walked stunned to my car and drove home. I took a couple months off after that. But I got over it.

Good Luck all!

 

[Ronaldo7]

BRM is only for pros... Recreational player plays what he wants and can afford

 

[steveeeee]

I think if you are serious poker player trying to add to your income and if you think freerolls are the way to do my thought is you should get out of the house apt or whatever and get a real job that pays some serious cash and a pension at the end of it, just my thoughts like it or not

 

[antonis32123]

There 's a lot of variance in MTTs , and I am not good but I try to become better . So I feel safer knowing that I have a strong bankroll when I play MTTs , for higher buy-in games I play only satellites for the time being . So for me you could say 100 buy-ins gives me the courage to carry on despite my failures lol And freerolls help a lot

 

[Jak0diamonds]

If you cant take 100$ and burn it, dont bother playing - phil ivey

 

[Crash Burn]

You don't really need to, but to maintain a regular and healthy bankroll you need 100 Buy-ins in MTTs to not break your bankroll.

 

[okeedokalee]

The buy-in limits are a general guide for those who play regularly online with a bank.
Your $175 buy-in weekly depends on a regular pay cheque. Your salary therefore is your bank.

 

[ahil5000]

If you play for fun, then you only need money for 1 entry.
If you play to earn money from poker (work or hobby), then you need 100 bi for an offline game, and for online MTT games you need from 200 BI, if ABI is up to 10, and if ABI is more than 10, then you need 500 BI per limit!

 

[natelearnspoker]

I agree with you and at most I have around 15 buy ins that I earned from grinding freerolls but if I had deposited real money, I think having 100 buy ins makes sense to hedge against the variance of MTTs.

 

[ph_il]

If you cant take 100$ and burn it, dont bother playing - phil ivey

That's easy to say when you're a multi-millionare.

 

[vic75]

Satellites are always a good option too get into bigger buy in tournament.