How do you guys decide how much to pay yourself? And what should you do if you want to bankroll build and pay yourself? This is something that i have been struggling with for years.

I get on a heater, then variance comes in and i cash out a huge chunk of my bankroll, then basically have to battle back.

I guess the fear is real.

drop in stakes, or double your bankroll for the stake you're currently playing so if your using say 60BI use 100BI or 150BI it all depends what game and stake you are playing and if your a full time player or not. I mean some full time players use 100BI others that tilt often use 200 to 500BI.


The withdraw amount depends on what stakes you're aiming to play, midstakes high stakes etc.

Say you need to withdraw 1k a month just for this example

withdrawing 1k when you have say 4k is 25% of your bankroll which a descent amount when building a bankroll.

1k from a 10k bankroll is 10% still a descent amount

1k from a 25k roll is 4%

and 1k from a 100k roll is a buyin etc, so maybe don't withdraw if you have a job, or withdraw just what you require to get by until you're bankrolled for whatever stake it is that you want to play.

So it all depends what stakes you want to play i mean if your happy to sit at one stake and not move up then just use a variance calculator to work out required bankroll and add a bit extra on top, withdraw the extra winnings or if you often tilt when on downswings play overrolled, so if you require 100BI use 150BI 200BI 500BI or whatever best suits your game style and tilt.

gl

You need 6 months living expenses in a savings account that are entirely separate from your bankroll.

This is the biggest mistake I made when I was playing for a living - I hardly had any money to fall back on, and you are never comfortable financially as a result.

If the games are good another approach is to play tighter. This should reduce your expectation by a little but the short term luck factor by a fair amount and the issue you're having with the natural fluctuations of the game should be reduced. See my psychology book for more discussion of how to reduce variance.

Best wishes,
Mason

If you want to bankroll build, decide how much you think your ideal bankroll should be, and don't take out anything until it reaches that point. Like it's been said itt earlier, you need minimum 6 months' living expenses to do this fulltime anyway, so whatever job you're doing in the meantime needs to be able to cover all your current life expenses.

I used to have a big fear of moving up in stakes, and would constantly withdraw before I could lose it all. Once I started playing with a bigger roll, swings stopped bothering me as much.

Been living off playing strat games for a few years now so my irl bankroll is ok but i live in the fear of losing my work bankroll and constantly want to restart. I cash out even when i know it's the wrong move. Stupid human emotions -.-

I guess just man up and go deeper and just try to not be results oriented?

What strat games are you referring to? And if you say your bankroll is ok, how are you cashing out huge chunks of it? For example, if I have 500 buyins as my bankroll + a bunch of savings, a big score for me getting withdrawn would never cut into the 500 at all.

I wont leak any of the games i play for obvious reasons. not only is the pool of "fish" getting smaller in the poker eco system but also in other markets.

I have enough money in my checking/savings to last 2+ years right now so my real life roll is "ok." say my work roll is 10k and i lose 30% of it i'll cash out 5k to my living account, then start grinding back my work roll. Really makes me lose a ton of value because i have to drop down stakes. What do you think about cashing out like 1-2% daily? I just dont know how to pay myself and bankroll build at the same time lmfao.

It's so dumb because i know the solution is right in front of me... have patience when variance hits, trust the odds, and then get deeep. I'm Probably gonna have to stop drinking and stuff to get over the fear of losing even though i am a proven winner.