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Gaffer
Hi,

After my three month burrrrrrrn, were I have played a lot of everything and not won much but have enjoyed. I have decided to get a bit more serious about my hobby.

Reason I have decided this is because of this site, which has opened my eyes about poker and made me enjoy it so much more, so thank you guys.

So to the main question, I am getting confused about bankrolls so what I thought was I will post what I want to do and if any of you guys have done it hopefully you will be able to advise me of the amounts needed.

Ok I am starting from the 1st August and I will be playing No Limit six max cash and starting at the very bottom. I will also be starting my full Poker Tracker Sub from this date.
I have read the basic bankroll management article on Pocket five’s which has been posted here before and it is confuseing me so I have two questions

1. Has anyone done the grind from micro to decent limits and can give me a good idea of targets ( when to move up when to move back down ) /bankroll amounts
2. If I am gonna play cash should I quit Stars and focus on a site with Rakeback.

Thanks for any tips

I know the question has been asked loads of times, i am just shit with figures.

sorry in advance
RabidTortuga
Just pick two numbers and stick with them. One for moving up, and one for dropping down. Make sure they are sufficiently far apart to allow for some variance and prevent constant bouncing back and forth. Since you're playing 6-max, you can expect larger swings than if you were playing full ring, so go a bit higher than the recommended numbers.

If it were me, I'd say use 50 buy-ins as your base at the lowest limits, and like 30 buy-ins as your drop down. That means to start out fully rolled at $10NL, you want a bankroll of $500. You would move up to $25NL when you reach $1250. You would move up to $50NL when you reach $2500.

You would drop down if you fall to 30buy-ins or less at your current level. At $10NL, there's no place to drop down to, just keep grinding and redeposit as needed. Once you are playing $25NL, you would drop back down to $10NL if your bankroll fell below $750. At $50NL, you would drop down to $25NL if your bankroll fell to $1500.

I'm a nit, though. Some people will say 30/20 is fine for the lower limits, some people will tell to 20/12. It's all about how comfortable you are bouncing around, how confident you are that you can beat the lowest limit games, and how much money you have to start with.
Solar
50 buyins is pretty conservative imho. I started playing online with only 5, which was way too low but it worked out anyway. 20 buy ins is a pretty good number, once you start building up you'll probably get an idea for how big the swings are in your play. I think some people have more varience than others due to play style, so the main thing is to start off well rolled, and then decide when you want to move up.
TravisG
QUOTE (Solar @ Wednesday, July 9th, 2008, 3:32 PM) *
50 buyins is pretty nitty imo.


FYP.

50 Buyins is going to slow down your process way too much unless you want a 100% certainty that you're going to be pro in 5 years... then 50 buyins will make sure that you never go broke (given that you are a winning player)
Giggidy
QUOTE (Gaffer @ Monday, July 7th, 2008, 5:18 PM) *
Reason I have decided this is because of this site, which has opened my eyes about poker and made me enjoy it so much more, so thank you guys.


QFT smile.gif icon_dance.gif

Hmmmm, makes me a bit concerned reading this as I only have a 10BI roll
SCS
It depends on a lot of factors, such as your winrate, comfort level, acceptable risk of ruin, etc, but 20-30 buyins is a good amount to have for microstakes 6max NL games. You can get away with slightly less in full ring games.

As you move up, you'll need more and more buyins in your bankroll for each level. 10+ buyin downswings are fairly common even for winning players once you get past the micro limits.
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