Open Side Menu Go to the Top
Register
Bankroll Question PLO500 Live Bankroll Question PLO500 Live

11-30-2015 , 04:12 PM
Pot raise UTG is $20
Max buy in $500

How many buy ins needed to survive expected swings playing this game for a living? Planning to put in 30hrs/wk min
Bankroll Question PLO500 Live Quote
11-30-2015 , 05:30 PM
100, 150-200 is better and safer
Bankroll Question PLO500 Live Quote
11-30-2015 , 07:54 PM
Depends extremely on your playing style.
Bankroll Question PLO500 Live Quote
11-30-2015 , 11:52 PM
Quote:
Originally Posted by MauriceSch
Depends extremely on your playing style.
What would your answer be if I told you I play an extremely high variance style? And then also if I said instead that I play the lowest possible variance style?
Bankroll Question PLO500 Live Quote
11-30-2015 , 11:54 PM
Quote:
Originally Posted by DonkSlayar
100, 150-200 is better and safer
Thanks. Although I must say while 100k certainly does sound safe, it also sounds excessive
Bankroll Question PLO500 Live Quote
12-01-2015 , 12:53 AM
I play a similar structure. It is 1/2 with a $5 bring in. I started transitioning at 20 BI. I play fairly tight pre-flop and do a lot of nut peddling. Now that I play this game full time, I keep 40 BI.

If your plan is to play for a living, I would keep 40 BI for a low variance style. I would keep 60 BI for a high variance style. This of course is meant to be completely separate from your life roll. You need a solid life roll and savings as well.

I would recommend paying yourself an hourly from your earnings. Leave the rest to build your roll. Bryan Devonshire talked about this in a Card Player mag article years ago. Basically, figure out how much your weekly bills are and pay yourself an hourly that covers that. This will help you keep your motivation to play your goal hours and keeps things in balance.
Bankroll Question PLO500 Live Quote
12-01-2015 , 01:52 AM
Quote:
Originally Posted by BTT
Thanks. Although I must say while 100k certainly does sound safe, it also sounds excessive
I meant buy ins

Would never have less than 60 buyins plus 6 months expenses, you could always do less if you have a plan B.
100 buy ins is solid, if you plan on playing full time for years i would grow it out to 150-250 buy ins
Bankroll Question PLO500 Live Quote
12-01-2015 , 03:19 AM
50 buyin swings would seem fairly standard in that game
Bankroll Question PLO500 Live Quote
12-01-2015 , 11:23 AM
Think you can definitely go with <50 buyins if you play very low variance, 150+ if high variance, probably way more :-)
Bankroll Question PLO500 Live Quote
12-01-2015 , 01:31 PM
Quote:
Originally Posted by DonkSlayar
I meant buy ins

Would never have less than 60 buyins plus 6 months expenses, you could always do less if you have a plan B.
100 buy ins is solid, if you plan on playing full time for years i would grow it out to 150-250 buy ins
Assume I have an ample life roll and can easily & quickly transition back to a more "traditional" source of income if I bust my bank roll.

You really think that after several years I would need to keep 200-250 buy ins ($100k - 125k) laying around fully liquid just for my poker bankroll?
Bankroll Question PLO500 Live Quote
12-02-2015 , 06:21 PM
The higher your willingness to move down and the higher the availability of lower stakes games, the looser your bankroll management should be.
Bankroll Question PLO500 Live Quote
12-07-2015 , 10:47 AM
I play what I believe to be similar games in a somewhat similar style.

I like to keep 80 buys and would be nauseous if I had to fly with less than 60.
Bankroll Question PLO500 Live Quote
12-07-2015 , 01:59 PM
Sure it depends on his playing style but also on his opponents playing style. Not to mention table size, stacks depth and other factors that affects on standard deviation. What CZI noted is good point too. However no one mentioned maybe most crucial factor and that's your winrate. You don't need that big of a bankroll if your winrate is 10bb/100 but you do need much bigger bankroll if your winrate is 2bb/100. Obviously rarely you can say for sure what's your winrate in a new game is but you can always guess.

Personally I would never have more than 50 BI no matter what stakes I play. I simply prefer to go down after loosing 20 BI or so. By using such a system you can never go broke and on top of that it's just more exciting/fun.
Bankroll Question PLO500 Live Quote
12-07-2015 , 03:34 PM
~10k should be good for 5/5 PLO 500$ max

Drop to 1/2 PLO 200$ max at 6k

Go up to 5/10 PLO at 20k

Go up to 10/20 PLO at 50k
Bankroll Question PLO500 Live Quote
12-07-2015 , 06:17 PM
Quote:
Originally Posted by blitzT4M4Y0theGOAT
~10k should be good for 5/5 PLO 500$ max

Drop to 1/2 PLO 200$ max at 6k

Go up to 5/10 PLO at 20k

Go up to 10/20 PLO at 50k

do u even know what ur talking about or just spewin sht out ur ass?
Bankroll Question PLO500 Live Quote
12-08-2015 , 03:53 AM
Some need 50 bi, some need 100bi, some need 1 bi and quit, some dont need a poker role but a budget...

Sent from my LG-D331 using 2+2 Forums
Bankroll Question PLO500 Live Quote
12-08-2015 , 04:38 PM
Quote:
Originally Posted by MrP1neapple
do u even know what ur talking about or just spewin sht out ur ass?

Exp bro

Gtfo with your new ignorant ass
Bankroll Question PLO500 Live Quote
12-09-2015 , 05:19 AM
Quote:
Originally Posted by CZI
The higher your willingness to move down and the higher the availability of lower stakes games, the looser your bankroll management should be.
Pretty much this.
Bankroll Question PLO500 Live Quote
01-16-2016 , 01:14 PM
$20k roll is sufficient if you crush the game. Unless there is some ridiculous rake, this game should be beatable for $40+/hr. You can have several month break even periods at live PLO so prepare for that (living expense wise).
Bankroll Question PLO500 Live Quote
01-18-2016 , 10:26 AM
Quote:
Originally Posted by bip!
$20k roll is sufficient if you crush the game. Unless there is some ridiculous rake, this game should be beatable for $40+/hr. You can have several month break even periods at live PLO so prepare for that (living expense wise).
This, especially the part about breakevens...while we all try to get the massive post-flop edge on others, sometimes (in crazy games) you will have have to jam your small edges/ get the spr small and stackoff, which obv increase variance.
Bankroll Question PLO500 Live Quote
01-18-2016 , 10:51 AM
Quote:
Originally Posted by bip!
$20k roll is sufficient if you crush the game. Unless there is some ridiculous rake, this game should be beatable for $40+/hr. You can have several month break even periods at live PLO so prepare for that (living expense wise).
agree, but be prepared to go busto tho.

if you really think this is a proper roll for this game and think your risk of going broke is smallish, I might ask whether you even play plo...

imo it´s potentially a very profitable situation for OP depending on his abilities, but there´s a high risk of ruin if you only have 20k. I don´t think though thats necessarily a bad thing, you maybe win 50k or more, maybe lose 20k, whatever.
Bankroll Question PLO500 Live Quote
01-25-2016 , 01:10 AM
Hmm so I suppose by this logic, playing 25/50 plo w 75k is suicide? Heh
Bankroll Question PLO500 Live Quote
01-25-2016 , 01:08 PM
suicide is playing 25/50 plo on 75K borrowed from loan sharks

in your case nut worst scenario you lose 75K
Bankroll Question PLO500 Live Quote
02-15-2016 , 10:46 PM
Quote:
Originally Posted by MrP1neapple
do u even know what ur talking about or just spewin sht out ur ass?
LOL.

no bankroll management and def a gambler
Bankroll Question PLO500 Live Quote
02-18-2016 , 05:35 PM
use some actual proven statistical analysis of BRM.
Play around with it to see what swings are possible. You'll likely have under estimated the amount of money you need for a less risky approach.

http://pokerdope.com/poker-variance-calculator/
Bankroll Question PLO500 Live Quote

      
m