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Tj9422 Bankroll Management


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#1 tj9422-

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Posted 08 November 2007 - 08:10 PM

First post 11/08/07-------->last update 11/08/07

Bankroll

Bankroll management is one of the most important thing to along life in poker.With out good rules or guidelines you will go bust.

Limit Hold'em bankroll rules

First off I will start with limit. Your bankroll should 300 BB. so let say you are playing .50/$1 limits. The amount in your bankroll should be $300.Now to move in limits you should have 300-400 BB of the limit that you are moving into. As you play downswing will come into your game. To protect your bankroll move down in limits. a good guide line for this is if your bankroll goes down 200 BB for the limit that you are playing.

Tournament guide lines

75 buy-ins is a good bankroll. Say tournaments are $1.10 to get into. Your bankroll should be around $83. You can move up in tournament buy-ins when the bankroll is hits 100 buy-ins of the next levels. so If you are playing in $1.10 tournaments and your Bankroll gets to $175-$220 move up to $2.20 buy-ins .Now if you go below 50 buy-ins drop down and play in cheaper tournaments.

No-Limits

Will post later

Now having a bankroll with good rules/guide lines means nothing if you keep losing it.You know you are in the right limits if you are pulling in around 1 or 2BB/Hr in live games and about 3or4 BB/hr in On-line games. As for tournament play you should be getting double your investment. will add more after..... Good luck for now

#2 trystero

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Posted 08 November 2007 - 08:12 PM

Question: what kind of BR do I need to play $500 razz?

#3 antistuff

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Posted 08 November 2007 - 08:19 PM

View Posttrystero, on Thursday, November 8th, 2007, 11:12 PM, said:

Question: what kind of BR do I need to play $500 razz?
500/1000 or 250/500?play money or real?answer: it depends.
QUOTE ( Barry Greenstein)
Successful gamblers are compulsive winners.

#4 tj9422-

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Posted 08 November 2007 - 08:29 PM

I am working on Guide lines/rules for Bankrolls. This is what is working for me. At this time i am in the lower limits. the rules i posted above is what i use. As far as the higher limits i will need to work on them some. for now i would say for your limits (if 250/500) the BR should be $150,000. This is a real safe BR for that level. Along with the other rules you should never go broke.

#5 Zach6668

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Posted 08 November 2007 - 08:32 PM

lolThey've done this before...Using mathematical models, risk of ruin, probability, levels of confidence...I don't understand the point of this.
QUOTE (serge @ Tuesday, May 12th, 2009, 7:20 PM) <{POST_SNAPBACK}>
LETS GO PITTSBURGH
QUOTE (Acid_Knight @ Monday, March 10th, 2008, 4:15 PM) <{POST_SNAPBACK}>
Zach is right about pretty much everything.

#6 tj9422-

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Posted 08 November 2007 - 08:39 PM

View PostZach6668, on Thursday, November 8th, 2007, 11:32 PM, said:

lolThey've done this before...Using mathematical models, risk of ruin, probability, levels of confidence...I don't understand the point of this.
True Zach But some players don't know how to work a bankroll. I found that my game was a little better when i started to work with a BR.I am not saying this is new but Info that i have found to help me. thought i would share it.

#7 Zach6668

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Posted 08 November 2007 - 09:06 PM

k, coolio
QUOTE (serge @ Tuesday, May 12th, 2009, 7:20 PM) <{POST_SNAPBACK}>
LETS GO PITTSBURGH
QUOTE (Acid_Knight @ Monday, March 10th, 2008, 4:15 PM) <{POST_SNAPBACK}>
Zach is right about pretty much everything.

#8 wsox8

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Posted 08 November 2007 - 09:54 PM

View PostZach6668, on Thursday, November 8th, 2007, 11:06 PM, said:

k, coolio
you aren't cool.

#9 bdc30

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Posted 08 November 2007 - 10:03 PM

View Posttj9422-, on Thursday, November 8th, 2007, 11:10 PM, said:

Limit Hold'em bankroll rulesFirst off I will start with limit. Your bankroll should 300 BB. so let say you are playing .50/$1 limits. The amount in your bankroll should be $300. $600
1 x "BB" (big bet) = 2 big blinds.For NL & Pot Limit games, I think 50 buyins is a comfortable level. Playing PLO, at least, there are sessions in which 7-8 buyin downswings are not all that uncommon. Playing with 30 buyins and going through that kind of a stretch, it hurts watching 25-30% of your roll disappear just from one bad session.

#10 checkymcfold

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Posted 08 November 2007 - 10:11 PM

here are some general br requirements for casual, winning players:LHE: 300BBSHLHE: 500BBNLHE: 30-50 buyinsLO8: 200BBSHLO8: 300BBPLO8: 20-30 buyinsNLO8: 20-30 buyinsStud Hi: 300BBStud8: 200BBRazz: 400BB2-7 TD: 500BB2-7 TD NL: 50 buyinsSNGS:100 buyins, give or take. this depends a lot on style, though, and your ROI. some players could handle 30 buyins at the lower limits, some need 300 as they move up.tournament play:for standard, 200-ish field NL tournaments: 75-100 buyinsfor limit tournaments in most games: 30 buyins should be ok for the same size fieldsnote: for tournaments, as the fields get larger, you need to increase the roll you have to safely play them. if every tourney you play is a sunday major, for instance, 2-300 buyins is a lot more safe than 100.these can all be higher or lower depending on your winrate, the style you play, and the general style of the game you're playing. for instance, i play extremely aggressively at 2-7 and generally need a 1000BB roll.at various stakes of NL and PL games, you'll need to REALLY up the requirements, possibly even doubling them in some cases, if the games are extremely gambly and you need to shove a lot to get action. if, however, you're beating one of these games largely by making other people fold and they're doing that pretty much across the board, you can even cut these requirements in half in some cases. it's a common misconception that BR management is a one size fits all type deal, and the number monkeys that chug out the math tend to assume that all players play the same and see the same sorts of standard deviations in terms of their session data. simply, that's not entirely incorrect, but as you get better you realize that it's just not a good assumption. i'm gauging the numbers above based on textbook style, ABC poker at the low-ish limits through 2/4 or so that wins somewhere around 1-1.5BB/100 (5bb/100 for nl/pl games). if you play more aggressively, or you don't win at that rate, make them bigger. if you run tables over and never need to show down a hand to win, or you're crushing a game for 5BB/100, make them smaller.hope that helps.
QUOTE (Dirtydutch @ Tuesday, December 2nd, 2008, 12:21 AM) <{POST_SNAPBACK}>
If there are two things LHE players like, they are weed and pornography. The third would be kittens. LHE does not appear on the list.





#11 Zach6668

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Posted 08 November 2007 - 10:44 PM

View Postbdc30, on Friday, November 9th, 2007, 1:03 AM, said:

1 x "BB" (big bet) = 2 big blinds.For NL & Pot Limit games, I think 50 buyins is a comfortable level. Playing PLO, at least, there are sessions in which 7-8 buyin downswings are not all that uncommon. Playing with 30 buyins and going through that kind of a stretch, it hurts watching 25-30% of your roll disappear just from one bad session.
.5/1 limit refers to the BIG BLIND being $1....thus $300...
QUOTE (serge @ Tuesday, May 12th, 2009, 7:20 PM) <{POST_SNAPBACK}>
LETS GO PITTSBURGH
QUOTE (Acid_Knight @ Monday, March 10th, 2008, 4:15 PM) <{POST_SNAPBACK}>
Zach is right about pretty much everything.

#12 bdc30

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Posted 08 November 2007 - 10:53 PM

that's only 150 big bets though - isn't that light? I've seen some of your graphs Zachary... :club:

#13 Snamuh

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Posted 08 November 2007 - 11:04 PM

View Postbdc30, on Friday, November 9th, 2007, 1:03 AM, said:

1 x "BB" (big bet) = 2 big blinds.For NL & Pot Limit games, I think 50 buyins is a comfortable level. Playing PLO, at least, there are sessions in which 7-8 buyin downswings are not all that uncommon. Playing with 30 buyins and going through that kind of a stretch, it hurts watching 25-30% of your roll disappear just from one bad session.
If I'm not mistaken, in .50/1.00 limit, one big bet = 1.00. In .50/1.00 no limit, one big bet = two big blinds = 2.00Limit games, 1 big bet = 1 big blind.No limit games, 1 big bet = 2 big blinds.Am I mistaken?
Snamuh raises to $76.75, and is all in
BigKamp: yyou lose
BigKamp has 15 seconds left to act
BigKamp calls $24.50, and is all in
Seat 1: BigKamp (small blind) mucked [Ad Ac] - a full house, Aces full of Kings
Seat 2: Snamuh (big blind) showed [Kd Kh] and won ($102.50) with four of a kind, Kings
Snamuh: you lose

#14 bdc30

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Posted 08 November 2007 - 11:08 PM

Probably explains why I don't play limit in 99% of the games, except triple draw :club:

#15 Zach6668

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Posted 08 November 2007 - 11:08 PM

View Postbdc30, on Friday, November 9th, 2007, 1:53 AM, said:

that's only 150 big bets though - isn't that light? I've seen some of your graphs Zachary... :club:

View PostSnamuh, on Friday, November 9th, 2007, 2:04 AM, said:

If I'm not mistaken, in .50/1.00 limit, one big bet = 1.00. In .50/1.00 no limit, one big bet = two big blinds = 2.00Limit games, 1 big bet = 1 big blind.No limit games, 1 big bet = 2 big blinds.Am I mistaken?
Are you guys all high?In a .5/1 game, the blinds are .25/.50. The BB is $ONE DOLLAR.
QUOTE (serge @ Tuesday, May 12th, 2009, 7:20 PM) <{POST_SNAPBACK}>
LETS GO PITTSBURGH
QUOTE (Acid_Knight @ Monday, March 10th, 2008, 4:15 PM) <{POST_SNAPBACK}>
Zach is right about pretty much everything.

#16 mln_falcon

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Posted 09 November 2007 - 01:04 AM

View PostZach6668, on Friday, November 9th, 2007, 6:08 PM, said:

Are you guys all high?In a .5/1 game, the blinds are .25/.50. The BB is $ONE DOLLAR.
Just proof that no one plays Limit anymore, Limit is dead Zach

#17 Zach6668

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Posted 09 November 2007 - 01:11 AM

View Postmln_falcon, on Friday, November 9th, 2007, 4:04 AM, said:

Just proof that no one plays Limit anymore, Limit is dead Zach
I'm more than happy to have the forum-reading poker community believing this.:club:
QUOTE (serge @ Tuesday, May 12th, 2009, 7:20 PM) <{POST_SNAPBACK}>
LETS GO PITTSBURGH
QUOTE (Acid_Knight @ Monday, March 10th, 2008, 4:15 PM) <{POST_SNAPBACK}>
Zach is right about pretty much everything.

#18 Jargonator

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Posted 09 November 2007 - 07:45 AM

View Postcheckymcfold, on Friday, November 9th, 2007, 6:11 AM, said:

tournament play:for standard, 200-ish field NL tournaments: 75-100 buyinsfor limit tournaments in most games: 30 buyins should be ok for the same size fieldsnote: for tournaments, as the fields get larger, you need to increase the roll you have to safely play them. if every tourney you play is a sunday major, for instance, 2-300 buyins is a lot more safe than 100.
if i'm playing tournaments where the average field is 2500, but the standard of play is much lower than the majors how many buy-ins would you recommend to be a safe number? Say 5.50 was the highest buy-in tourney i would play on a regular basis, would 550 be sufficient or would you suggest i stick with the 2.75's and 3.30's til i work upto $825(150 buyins @ 5.50s) or $1100(200 buyins @ 5.50s)?I keep detailed spreadsheet etc. and don't play cash at all, I am a bit of a br management nit but I also want to be playing the optimum stakes allow me to move up asap to my level of incompetency where the learning curve is steepest.any thoughts?
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#19 Jordan

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Posted 09 November 2007 - 08:22 AM

this is revolutionary.- Jordan

#20 Sheiky

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Posted 09 November 2007 - 08:30 AM

There wouldn't be anyone saying nothing but "wow omg thats great advice" if Steve7stud posted this...




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