Quote:
Originally Posted by sejje
You woudln't. I'm sure the MTT forum has threads about BR strat for MTTs.
Actually, I ran across a multi-game bankroll strat the other day on another site. It was posted by jennifear, google her with some keywords and you'll find it.
For those who are mathematically inclined, you may decide on using the Kelly criterion. This approach allows you to quantify when to move up or down in stakes by comparing the rate of growth for the games of comparison.
This thread may be of interest.
http://forumserver.twoplustwo.com/15...-poker-424693/
The generalized Kelly bankroll for strategy games with a known win-rate and standard deviation is
B = s.d^2/(wr*k)
Typical standard deviation numbers for the 180 mtt's can be around 6 buy-ins per tournament. Of course, this depends on your playing style and to a lesser extent, your win-rate.
If your roi is 50%, and you're content playing at half-Kelly, then you require about 144 buy-ins. At full Kelly, it is simply half of that.
You will often hear people say that you need at least 100 buy-ins for mtt's. However, this depends on the size of the tournament as well which is often omitted.