Originally Posted by babilon
I have a questions regarding bankroll management. I played about 7000 sngs on stars and I am doing good (don't know my ROI) and over 2000 MTTs, where most of my profit was made. So far I was playing 7$ and 15$ 45 and 180 man sngs, but about 2 months ago I just started playing 9 man sngs with same buyin. Played about 700 games and my roi is +16 (i know small sample). My question is when should I move up? I have to cash out every month, since poker is paying all my expenses, but my bankroll is about 4k now, so is it stupid to play 7$ sngs and add 15$ when there are not many regs? How many games would be enough to move up and should I move up at all, since I am bankroll nit since I started playing poker? With 15$ sngs you can make good money, so should I just stay with with that? Do you have any rule of thumbs for your students?
Thanks for all answers in this thread! Best reading this week for sure!
Hey. Great question. Since poker is paying your living expenses, you need to determine how much expendable income you have. You should also make sure that you are comfortable with your live expenses even if you lose your expendable income.
If you decide to move, do so gradually. If you want to completely move up at once and can't afford it, it may come as a big shocker when you lose and your losses are more than doubled automatically because of the 2x+ buy in.
Sort out your real life situation before considering moving up.
Bank Account Management is always more important than bankroll management.