Quote:
Originally Posted by weeee7
Hi fees,
I highly appreciate that you're giving back so much to the beginners, I've read your e-book and it has really taken my game to the next level.
This guide is also very good, but I'm curious about a subject you didn't mention here or in your book: bankroll management. What are your thoughts/suggestions on moving up, taking shots, how many buyins needed, etc.?
This is totally subjective.. and like all things in poker it has some basic parameters, but nothing is "correct".
Lets completely throw the rule of 20 BI out the window.
As the money you have on a poker site because more and more important (meaning it is the majority of your wealth or you could potentially need it for... buying a house or car) you're bankroll should increase in relation to the stakes you play. I would say like 40 buyins for uNL, 50 for SSNL, and 60 for 400NL. After this level you can figure it out. As the money becomes less and less important (not that you should be careless about it because you can simply reload) your roll can get smaller and smaller. If you were a 200NL regular and cashed out and decided to move down to 50, TBH you could get away with $500 or 10 BI if you were that far ahead of the curve, simply because your edge is great and its a low variance game. As you become more concerned with the money at hand (meaning the swings up or down truly affect you) your roll (in terms of BI) should increase, and visa versa.
Two guidelines or maybe... *rules* I would say would be:
1. Its impossible to have "too big" of a roll for any game.
2. If you can't beat a game, you shouldn't play it, no matter what your roll. If you can't beat 200NL avoid the rational "well I'll lose for a while but if I want to moveup I have to take these losses and learn" Thats not to say you shouldn't shot take, but just because your bankroll might be ready doesn't mean you are. If you aren't totally comfortable about your game and the next level, set a goal for yourself and once you get there take a shot. FWIW the best idea is just having a coach sweat your first couple move up sessions, or even a friend.
This help?