Full Version: bankroll management
Thanks to you guys, I am now aware that one's bankroll should be at least 300x the big bet, and that this is an estimate taken from a more complicated equation evolving variance and yadda yadda yadda . My question is this: say I am playing $1/2 hold'em with a bankroll of $600, and in my first session I lose $100 making my bankroll $500. Do I need to drop down in limits, or is this loss covered by my initial bankroll? Thanks.
I think I remember Smash saying if you fall to 200BB's, you should drop back down one level (where you'll have 300BB's). This made sense to me, so it's what I do as well.
well u have to be honest with urself...did you play the hands right and just take bad beats..or were u outclassed and need to spend some more time at lower limits
yea i have a related question.
assuming you are playing limit, how many hands do you need to play vs bb lost before you can assume you are losing at a certain level(instead of just bad luck)
and what about this question for nl?
assuming you are playing limit, how many hands do you need to play vs bb lost before you can assume you are losing at a certain level(instead of just bad luck)
and what about this question for nl?
the whole idea of a bankroll is to be able to sustain losses (swings).
if you moved down in limits every time you dropped below 300 BB, you would be defying the whole purpose of a bankroll. that's to say that you should be dropping down in limits from the moment you sit down at the table (since you have to post a blind). obviously, this is silly.
a good rule of thumb is that if you lose 50 BB's, you should reevaluate your play. take a break, don't tilt, go over hands, etc. if you lose a total of 100 BB's, move down to a lower limit.
sometimes, you may want to move down a limit before you lose a total of 100 BB's. in general, you should always have 300 BB's or more of the next lower limit so that you can always move down and still play comfortably.
example 1:
you're playing $1/2 with $600. if you drop 100 BB's or $200, you can move down to 50c/$1 with a comfortable $400 bankroll.
example 2:
you're playing $4/8 with $2400. if you drop 100 BB's or $800, you have $1600, but this isn't enough for $3/6. so, either drop down to $2/4, or drop down to $3/6 when you lose $600, not $800 (so that you can comfortably play $3/6 with $1800).
aseem
if you moved down in limits every time you dropped below 300 BB, you would be defying the whole purpose of a bankroll. that's to say that you should be dropping down in limits from the moment you sit down at the table (since you have to post a blind). obviously, this is silly.
a good rule of thumb is that if you lose 50 BB's, you should reevaluate your play. take a break, don't tilt, go over hands, etc. if you lose a total of 100 BB's, move down to a lower limit.
sometimes, you may want to move down a limit before you lose a total of 100 BB's. in general, you should always have 300 BB's or more of the next lower limit so that you can always move down and still play comfortably.
example 1:
you're playing $1/2 with $600. if you drop 100 BB's or $200, you can move down to 50c/$1 with a comfortable $400 bankroll.
example 2:
you're playing $4/8 with $2400. if you drop 100 BB's or $800, you have $1600, but this isn't enough for $3/6. so, either drop down to $2/4, or drop down to $3/6 when you lose $600, not $800 (so that you can comfortably play $3/6 with $1800).
aseem
I think they mean go to 1/2 with $600 and if you sustain a 200BB downswing leaving you with $200 then you drop down... Not if you hit 299 BB's at 1/2 you have too drop down.
lol..
lol..
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