Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > No Limit Hold'em > Micro Stakes Full Ring

Notices

Micro Stakes Full Ring Discussion of up to .25/.50 online no-limit pot-limit Texas hold'em full ring games, situations and strategies

Reply
 
Thread Tools Display Modes
Old 07-18-2012, 03:02 PM   #1
newbie
 
Join Date: Jul 2012
Location: Toronto, Canada! T.O!
Posts: 42
Bankroll question

Hi everyone! I'm new to 2+2 and I had a bit of a dilemma with my bankroll. I started playing poker earlier this year when I was 17 and now I turned 18 about 2 months ago.

I have been beating 2NL for approximately 2 1/2 weeks consistently, where I have never dropped below to a losing player.

Over approximately 23,000 hands I am currently +27 buy ins of playing with 100 big blinds ($2). I saved up the money I had previously and bought HM2, recently got a job to increase my bankroll and my ratio is about (21, 17).

My question is when should I move on? By bankroll rules I guess I have to have $500 to be able to play 5NL but that seems tremendously far away, should I just play with 40BB and 40 buyins per level? Any advice would really be appreciated.

Thank you in advance.
Jiggy91 is offline   Reply With Quote
Old 07-18-2012, 03:13 PM   #2
Pooh-Bah
 
Hicham009's Avatar
 
Join Date: Oct 2011
Posts: 3,641
Re: Bankroll question

You should play what suites you best, but I wouldn't advice playing short stacked. I started at 5nl with a 200 roll, and when I build that up to 500 I moved up to 10nl.
Hicham009 is offline   Reply With Quote
Old 07-18-2012, 03:20 PM   #3
Pooh-Bah
 
Paul D's Avatar
 
Join Date: Dec 2011
Location: Sunshine State
Posts: 4,004
Re: Bankroll question

This depends on you and your confidence in game.

I try levels at 20 to 30BIs, maybe less.

With $500, I might try to take a crack 25NL...

But I certainly would play 10NL
Paul D is offline   Reply With Quote
Old 07-18-2012, 04:04 PM   #4
Who killed me?
 
nismo9's Avatar
 
Join Date: Jan 2011
Location: Howard Lederer's pocket
Posts: 4,506
Re: Bankroll question

Why do you want such a large bankroll? Of course by all means the bigger the better but 100 buyins is way more than enough. If your crushing NL2 then i would say $100 is enough of a BR for NL5.
nismo9 is offline   Reply With Quote
Old 07-18-2012, 04:06 PM   #5
adept
 
fast11375's Avatar
 
Join Date: Jul 2010
Location: SWC
Posts: 1,044
Re: Bankroll question

I suggest the 20BI-15BI BRM management method where you move up when you have 20BI of the new limit and move down when you lose 5BI. This is suited for recreational players that maximizes $$ value with a slight increase in risk.
fast11375 is offline   Reply With Quote
Old 07-18-2012, 04:29 PM   #6
journeyman
 
Join Date: Jan 2011
Location: Taking myself to Value Town
Posts: 258
Re: Bankroll question

There's a world of difference between a strategy that is intended to maximise your bankroll growth, versus one that is designed to preserve it.

Both strategies have their place, depending on what you want to achieve. If you're playing poker full time for a living, and you can't easily afford to drop down a level if you go on a downswing, you need a very large bankroll relative to the stakes, probably 100+ BI.

If you're simply trying to maximise your bankroll growth through the micros, into small stakes and beyond, and have the correct mental attitude to follow a strict plan to move down at a predetermined loss, then this...

Quote:
Originally Posted by fast11375 View Post
I suggest the 20BI-15BI BRM management method where you move up when you have 20BI of the new limit and move down when you lose 5BI. This is suited for recreational players that maximizes $$ value with a slight increase in risk.
Dave C is offline   Reply With Quote
Old 07-18-2012, 04:31 PM   #7
newbie
 
Join Date: Jul 2012
Location: Toronto, Canada! T.O!
Posts: 42
Re: Bankroll question

@Hitchman009 - Did you build that $200 to $500 by playing 5NL the whole time or did you have another source of income to add to your bankroll? I got a job so I can increase my bankroll but I feel that I should be making all of the levels I play.

And I'm going to take a shot at 5NL and see how it goes, the only thing I was worried about was when I multi-tabled the % of my bankroll that would be in play, going to take everyone's ideas and see what happens, thanks again everyone.
Jiggy91 is offline   Reply With Quote
Old 07-18-2012, 04:50 PM   #8
Pooh-Bah
 
Hicham009's Avatar
 
Join Date: Oct 2011
Posts: 3,641
Re: Bankroll question

Quote:
Originally Posted by Jiggy91 View Post
@Hitchman009 - Did you build that $200 to $500 by playing 5NL the whole time or did you have another source of income to add to your bankroll? I got a job so I can increase my bankroll but I feel that I should be making all of the levels I play.

And I'm going to take a shot at 5NL and see how it goes, the only thing I was worried about was when I multi-tabled the % of my bankroll that would be in play, going to take everyone's ideas and see what happens, thanks again everyone.
I made exactly 294 dollar at 5nl, and had an other 60 tournaments dollars I got by spending my fpp's. So in total I made 354 at 5nl and jumped to 10nl when I had 550(all though the original plan was 500).

I don't think it has too do with the money we have, but rather with the money we can/have made. I also had savings and a source of income, and could maybe start at 50nl, but I think I'd get absolutely crushed, so I'd much rather work my way up. And this bankroll management works great for me, gives me a lot of room + I play 20 tables at a time, so with 20 buyins that will be a bit of problem.

Quote:
I suggest the 20BI-15BI BRM management method where you move up when you have 20BI of the new limit and move down when you lose 5BI. This is suited for recreational players that maximizes $$ value with a slight increase in risk.
I could never do this, losing 5 buyins is like a ''normal losing day'' for me.
Hicham009 is offline   Reply With Quote
Old 07-18-2012, 04:52 PM   #9
journeyman
 
Join Date: Jun 2012
Posts: 361
Re: Bankroll question

$500 for NL5? Why? That's basically enough for NL25!
Davion67 is offline   Reply With Quote
Old 07-19-2012, 03:17 AM   #10
journeyman
 
Join Date: May 2011
Posts: 302
Re: Bankroll question

Move up when you are consistently beating the current level. Assuming your BR allows for it.
II Player1 II is offline   Reply With Quote
Old 07-19-2012, 12:58 PM   #11
centurion
 
MadMojoMonkey's Avatar
 
Join Date: Apr 2012
Posts: 127
Re: Bankroll question

Firstly, figure out what is a "worst day loss" to you. If you have lost 5BI in a day before, it could happen again. If it happens when you take your shot at moving up... well, that's something to be prepared for.

Would you feel OK if you took a shot at moving up and had to move down the very next day? If so, then dedicate your next good day at your current stakes to roll your shot at moving up. Take the shot. If you lose, move back down, roll again and take another shot. Rinse and repeat.

Would you feel bad if you lost your "move up roll" on the first day? If so, then roll yourself for a few of the worst imaginable days before you take a shot.

It doesn't matter how much of your bankroll is in play on all your tables. It matters how much of your bankroll you CAN risk on a single situation. As in, how much do you have on any 1 table. It is no big deal to have 25% - 40% of your bankroll invested in 8 tables. In fact, it is ridiculously common.

As far as how many BI should you have to move up? Well, you just want to be prepared to take a run of bad variance, and be willing and disciplined to move back down before a continued run of bad variance could break you.
MadMojoMonkey is offline   Reply With Quote
Old 07-19-2012, 01:02 PM   #12
centurion
 
Join Date: Jan 2012
Posts: 147
Re: Bankroll question

Just read this sticky on bankroll management

http://archives1.twoplustwo.com/show...fpart=all&vc=1
R-Garnett is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 12:56 AM.


Powered by vBulletin®
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.
Copyright © 2008-2010, Two Plus Two Interactive