Hi,

First post here, looking for some advice on a suitable bankroll management strategy for PLO400+. Not a professional player, have a nice and steady income, so I am willing to accept a fairly high risk of ruin. The objective is to very agressively take shots on higher stakes, but not drop down to lower than PLO200.

View myself as a good enough player, but big issue has been tilt control and playing with kamikaze style BR management. Want to give this a more serious effort this time around.

Any thoughts on:
1. Suitable starting BR
2. General strategy, when move up/down?
3. Taking shots

Thanks in advance!

manage it as agressively as possible if you dont have to support a family or others

/thread

I would agree with the aggressive approach in your case but would add that tilt is often times a function of fundamentals that aren't very solid. Tilt happens a lot less frequently when you know for a fact that the decisions you have made are sound. Difficult to avoid though since PLO is such a complex game and we all make mistakes.

I wouldn't start PLO400 with less than $8k. 20 buy-in minimum bankroll for shotting and a set to stone stop-loss.
For example, with $12k you could take a shot to PLO600 with a 5 bin stop-loss.
Tilting might be less of an issue once you decide beforehand how much you can lose in a single session.

This is VERY aggressive BR-management and with this plan you will most likely bust your poker roll sooner or later.

I have lost 20 buy ins in 20 hands before...

does anyone else feel that PLO400 can be pretty damn soft from time to time? sometimes softer than PLO100. i think this might be because there are some casino fish who doesnt want to play lower than PLO400...
watch out for this, PLO can be a nasty beast without enough experience.

+1, can have 20bi swings easily in 2-5k hands a day, I only play deep 250bbs games,but i would say i can play really comfortable when i have like 80bi-s for those.

Nber of tables an importan factor

Pretty much in line with what I was going for, 20-25 BI to start off with. But since I have quite a high risk tolerance, would it not be better to take shots at higher stakes, jumping from PLO400, to PLO1000 or PLO2000, which just 2-4 BI. If unsuccesful back to PLO400.

As you mention I will most likely bust sooner or later with this kind of aggressive BR-management, so why not give myself a chance for a big pay day?

Does the fact that I will be playing 5-card omaha factor into the equation? Do you guys think think it adds to the volatility or reduces it with the assumption that I am actually better than the average player playing at the site I intent to play.

where do you play? which site allows 5card omaha?

entraction. or whatever it's called nowadays, IGT i think.

vola/variance is obv even higher at 5c plo....and please don't play plo400 with 8k. that's a recipe for disaster.

Well, since I am not dependent on the 8k for any expenses or anything, I do not really see it as that big of a disaster. And I would go down to PLO200 if down to 4k. So I am basically bust if I lose 30 BI in total from start.

I was also wondering what everyone else here at the HSPLO board thinks of when it comes to BRM.

Would you guys say once you break the barrier to 400PLO your BRM should all the sudden jump up a ton? Say 30 bi from lower stakes up to 60bi? or even more?

I would strongly recommend 100bi+ for PLO400+, especially if u dont table select much
I feel at PLO200 50bi+ is enough.
and PLO100 30bi+ is ok.

could be abit more flexible if u are willing to drop down/kellying in stakes (needs more "routine" for this tho...)