Any tips on bankroll management?

adz777

Right as iv now been playing poker online for just over a year i feel my game has come along alot so im thinking of reloading my account im gona make it up to £100. What iv been doing is treating my real bank account as my bankroll which aint always clever lol So im gona challenge myself to abit of well needed bankroll management. Im mainly a MTT player but want to try abit of cash to fund them what level is best to play at from a £100 bankroll? Also are sit n go's DYM's a good way of growing a bankroll aswell? Thanks in advance for any helpful advice

Frank53

In Response to Any tips on bankroll management?:

Right as iv now been playing poker online for just over a year i feel my game has come along alot so im thinking of reloading my account im gona make it up to £100. What iv been doing is treating my real bank account as my bankroll which aint always clever lol So im gona challenge myself to abit of well needed bankroll management. Im mainly a MTT player but want to try abit of cash to fund them what level is best to play at from a £100 bankroll? Also are sit n go's DYM's a good way of growing a bankroll aswell? Thanks in advance for any helpful advice
Posted by adz777

Ok....ill say this...If i put my 1st deposit on this site...lets say £100.....IF i had to RELOAD...IM NO DAMMED GOOD ...!!

AcidMan27

2p/4p cash and stick to £1.10 and maybe £2.20 MTT's.

adz777

In Response to Re: Any tips on bankroll management?:

In Response to Any tips on bankroll management? : Ok....ill say this...If i put my 1st deposit on this site...lets say £100.....IF i had to RELOAD...IM NO DAMMED GOOD ...!!
Posted by Frank53

huh what? lol

adz777

In Response to Re: Any tips on bankroll management?:

2p/4p cash and stick to £1.10 and maybe £2.20 MTT's.
Posted by AcidMan27

thanks thats very helpful

EvilPingu

As a general rule:

Cash: No more than 5% of bankroll in play - 5% of £100 = £5, so I'd play at NL4 with a full stack.

DYM's: As above, could play up to £3.30 - However, I'd suggest starting at £1.15 if you haven't played much of these before, and just being profitable at this level, then stepping up to £2.25, etc.

MTT's: No more than maybe 2-3% of bankroll MAXIMUM due to increased variance. I'd probably suggest playing £1.10 tournaments with £100 in your bankroll.

Also, if you play Omaha, the £100 GTD Freerolls, for 10 Poker Points, are the best value for your Poker Points, followed by the £250 GTD Super 6 and Fantasy FB Freerolls (Both Hold'em) for 50 Poker Points. You get your fair share of fish in these tournaments so you will get sucked out on occasionally, but you should be able to reach the cash fairly often in these just by playing as you would at NL4.

I assume you've signed up for Cash for Points, if not, then sign up :P

penguin7

First thing you should do is to decide which format of the game you can play most profitably, and specialise in that.

Cash, STT, MTT and omaha all require different skills and in some ways a different mindset.

Dont be distracted by poker points, at the level you are playing they are a bonus not a goal.

Until you are consistently winning it is often a budget not a bankroll !

Good luck.

Alarm76

In Response to Any tips on bankroll management?:

Right as iv now been playing poker online for just over a year i feel my game has come along alot so im thinking of reloading my account im gona make it up to £100. What iv been doing is treating my real bank account as my bankroll which aint always clever lol So im gona challenge myself to abit of well needed bankroll management. Im mainly a MTT player but want to try abit of cash to fund them what level is best to play at from a £100 bankroll? Also are sit n go's DYM's a good way of growing a bankroll aswell? Thanks in advance for any helpful advice
Posted by adz777

If you got to reload your game aint good enough

AcidMan27

Not entirely true, he may have a decent game but with terrible BR management you can easily lose the lot when you're on a downswing.

Dudeskin8

In Response to Re: Any tips on bankroll management?:

First thing you should do is to decide which format of the game you can play most profitably, and specialise in that. Cash, STT, MTT and omaha all require different skills and in some ways a different mindset. Dont be distracted by poker points, at the level you are playing they are a bonus not a goal. Until you are consistently winning it is often a budget not a bankroll ! Good luck.
Posted by penguin7

Have to dissagree with this, yes they should not be making up a high percentage of your winnings but they are a useful tool to work towards so if you aim for 500 points a month you need to play at least 166 hands a day and then for 1000 points it's 330 at NL10 and below. 

This is overall a much better was to play cash then aiming for specific pounds and pence goals which is very hard to predict and can leave you demoralised when you fail but with points you can't fail as long as you get volume in. 

1281

In Response to Re: Any tips on bankroll management?:

In Response to Any tips on bankroll management? : If you got to reload your game aint good enough
Posted by Alarm76

sorry have to disagree with this, probably every player on here and every other player who plays online poker has reloaded at least once

pod1

"very niave" alarm.  i know many  good players who have had to re load for numerous reasons 1) coz they tilt badly 2)play way out of the br 3) too much red wine for starters. luckily i only suffer from 2 of these things so theres hope for me yet!

penguin7

In Response to Re: Any tips on bankroll management?:

In Response to Re: Any tips on bankroll management? : Have to dissagree with this, yes they should not be making up a high percentage of your winnings but they are a useful tool to work towards so if you aim for 500 points a month you need to play at least 166 hands a day and then for 1000 points it's 330 at NL10 and below.  This is overall a much better was to play cash then aiming for specific pounds and pence goals which is very hard to predict and can leave you demoralised when you fail but with points you can't fail as long as you get volume in. 
Posted by Dudeskin8

You are right here when looking at it from a cash players viewpoint. I was coming at it as a tourny player where CFP is not a priority. So point taken ! But if you do specialise in cash, surely there is little value in playing losing poker just to claw it back in CFP?

The same applies at STTs. I think there are many players out there who have tried to play volume in  sit and goes to generate worthwhile cash for points. Some make it work wonderfully well, but they are exceptional. And have to playing at a higher level than here to beat the increased rake.

So I still think it is vital to develop your game in one format to play profitably before paying too much attention to it.

Dudeskin8

In Response to Re: Any tips on bankroll management?:

In Response to Re: Any tips on bankroll management? : You are right here when looking at it from a cash players viewpoint. I was coming at it as a tourny player where CFP is not a priority. So point taken ! But if you do specialise in cash, surely there is little value in playing losing poker just to claw it back in CFP? The same applies at STTs. I think there are many players out there who have tried to play volume in  sit and goes to generate worthwhile cash for points. Some make it work wonderfully well, but they are exceptional. And have to playing at a higher level than here to beat the increased rake. So I still think it is vital to develop your game in one format to play profitably before paying too much attention to it.
Posted by penguin7

 

First bold bit – If you are playing losing poker this is most likely due to playing at the wrong level and so moving down should stop it or not having ANY/limited knowledge of cash/STT strategy in which case read Dohhh/JC’s blogs. Overall its hard to lose consistently at the low stakes unless you make really awful plays and show no willingless to improve/change.

2nd BB - As a new player merely having more in his account than when he started is major success, worrying about rake shouldn't be a factor unless he's a pro, and fwiw beating the rake i.e. making a profit at NL4/8/10 even DYM's £2.25 and below is possible.

3rd BB - Well this is fairly obvious, he's not going to aim to be break even so his only gains are through C4P lol if anything the C4P should represent a small portion of his profits but if it's a large percentage at first who cares. 

 

IDONKCALLU

alarm lol if u reload u aint good enough what if u get kk v aa in a cash table its a cooler way it goes doesnt mean ya not good enough if ya lose like 4 buy ins tho i would take a break for a bit ya know its not ya day and come bk later and play