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Originally Posted by doctor877
Saw this on Joey's twitter and think its interesting topic and potentially very misunderstood bankrollmanagement logic, have no twitter so might aswell post here.
When you are a cashreg or something like that and don't depend on tournaments to make a living, and then you play only few mtts a year, assuming you are winning in the mtts, you can and should throw the general tournament bankroll requirements out of the window. Bankroll requirements exist so you are very unlikely to go broke and thus don't cut your EV in the future by not having the money to play poker.
If you are cashreg you don't need to have 300bi for the mtts you play because you are like never going to play enough mtts that you can go broke from them, so it's more about gambling small enough on the mtts so that the losses don't affect your EV in being able to play same stakes in cash and also play the few MTTs in the future.
So basically I think it's correct for cash regs to always have relatively big pieces of themselves in MTTs. And obv it's good justification for to GAMBOOOOOOOOOOL!
Quote:
Originally Posted by jacobite barnes
added to ignore list like sage donkey
Lol, only the privileged few make it into the Ignore club!
Welcome comrade
doctor877, I will update you about our annual conference. Last year we held it in The Taj Exotica Resort & Spa in The Maldives.
There is also a weekly newsletter and a free Ignore club approved T-Shirt with "NVG LOL" on it.
For profitable cash game regs playing an occasional MTT it's similar to taking an occasional shot at a higher stakes cash game, only much less of a risk because generally the MTT has only one buy in unlike a shot at a bigger cash game.