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How to deal with poker community that play without bankroll management. How to deal with poker community that play without bankroll management.

12-30-2022 , 03:28 AM
I live in a country where poker is not legal. The online way I can play online and home games.

However, in my playing community, they don't care about bankroll management and try to play bigger and bigger stakes
(moving from one home game to another home game with different stakes). Exactly, they lose big but the thing that made me post this is
we're going to join tournaments such as APT/WPT next year (Vietnam, Taiwan maybe, yes without bankroll but pay from salary).
After committing that we're going to join early this year, I'm trying to build my bankroll online silently. However, now it's too far from 100 BIs of APT.

IMO, playing live tournaments without proper bankroll to play that stake is a weak mindset (they're arguing that "this is for experience", "just one time",
"building bankroll takes time too much", etc.).

I thought this is a self-destructive mindset, please advise me on how to improve the community like this.
How to deal with poker community that play without bankroll management. Quote
12-31-2022 , 01:14 PM
I'm not sure of the origin, but there's an old expression, "you can lead a horse to water, but you can't make him drink."

Seems apt here.

Also of note is, "you can pick your friends. You can pick your nose. But you can't pick your friend's nose."
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 01:24 AM
Quote:
Originally Posted by 307Z
I live in a country where poker is not legal. The online way I can play online and home games.

However, in my playing community, they don't care about bankroll management and try to play bigger and bigger stakes
(moving from one home game to another home game with different stakes). Exactly, they lose big but the thing that made me post this is
we're going to join tournaments such as APT/WPT next year (Vietnam, Taiwan maybe, yes without bankroll but pay from salary).
After committing that we're going to join early this year, I'm trying to build my bankroll online silently. However, now it's too far from 100 BIs of APT.

IMO, playing live tournaments without proper bankroll to play that stake is a weak mindset (they're arguing that "this is for experience", "just one time",
"building bankroll takes time too much", etc.).

I thought this is a self-destructive mindset, please advise me on how to improve the community like this.
Why don't you mind your own business, karen
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 02:12 AM
That guideline of 100BI for a tournament bankroll is intended to be 100 AVERAGE buy ins, not 100 buy ins for every tourney you play. If you played, for example a single $10000 buyin tourney and 99 tournaments with a $100 buy in your average buy in would be $199, and you should therefore have a bankroll of about $20K for this, much less than the 1 million you would need if you played nothing but $10000 buyin tournaments.

Even that 100 BI figure is just a guideline based on maintaining a risk of ruin below a certain level. If one is comfortable with a higher risk of ruin, then a smaller bankroll could be appropriate. The size of your bankroll can vary inversely with your risk tolerance. There is no real set “right” bankroll.

This is especially true if a player is willing to pay for a buy in out of a non-bankroll funds as you seem to indicate that those in your community are doing. I am assuming of course that these non bankroll funds are discretionary income that they can afford to lose, and not money needed for food, rent, bills, etc. So long as it is discretionary funds, I really don’t see anything inherently wrong with taking a shot at a single higher buy in tournament, even if you don’t have proper bankroll to play at that level on an ongoing basis
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 03:13 AM
100 buyin requirement is only if your going to play that stake exclusively and never drop down in stakes. It creates a relatively low risk of ruin assuming your winrate is decent. If it's a 1 time thing if you can afford it and still be rolled for the games u used to play even if you lose its just considered taking a shot which is totally up to you if you want to or not. Habitually playing bigger and bigger in home games your not rolled for usually doesn't end great though.
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 03:19 AM
Quote:
Originally Posted by stremba70
That guideline of 100BI for a tournament bankroll is intended to be 100 AVERAGE buy ins, not 100 buy ins for every tourney you play. If you played, for example a single $10000 buyin tourney and 99 tournaments with a $100 buy in your average buy in would be $199, and you should therefore have a bankroll of about $20K for this, much less than the 1 million you would need if you played nothing but $10000 buyin tournaments.
This is incorrect... If it's incredibly skewed like what you described it creates a lot more risk. Risk of ruin of playing only $200 tournaments is probably like 1000 times less then the scenario u described with same roi. just for common sense in that scenerio your bankroll is 20k with 100 buyins and you're playing 1 10k every 100 games after 200 games if u lose both of the big buyin events and breakeven or losing in the others you are broke which is incredibly common.

Last edited by smoothcriminal99; 01-01-2023 at 03:27 AM.
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 01:43 PM
Quote:
Originally Posted by smoothcriminal99
100 buyin requirement is only if your going to play that stake exclusively and never drop down in stakes. It creates a relatively low risk of ruin assuming your winrate is decent. If it's a 1 time thing if you can afford it and still be rolled for the games u used to play even if you lose its just considered taking a shot which is totally up to you if you want to or not. Habitually playing bigger and bigger in home games your not rolled for usually doesn't end great though.
For my personal buyin, I considered it as taking a shot as you said (1/4 of my home game bankroll now). Thinking in the way that this is a shot-taking seems more comfortable to play the tournament, thank you.
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 01:45 PM
Quote:
Originally Posted by Bob148
I'm not sure of the origin, but there's an old expression, "you can lead a horse to water, but you can't make him drink."

Seems apt here.

Also of note is, "you can pick your friends. You can pick your nose. But you can't pick your friend's nose."
Noted, thank you.
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 08:58 PM
@ the OP
Its sounds like you are playing stakes/levels you are not truely comfortable with.

Also I don't like the "WE" are going to join. If you cant go it alone beware.
I have a saying you should think about.

"there are two people I trust in this world. 1 is ME and the Other one ISN'T You"
How to deal with poker community that play without bankroll management. Quote
01-01-2023 , 11:35 PM
Quote:
Originally Posted by amarri
@ the OP
Its sounds like you are playing stakes/levels you are not truely comfortable with.

Also I don't like the "WE" are going to join. If you cant go it alone beware.
I have a saying you should think about.

"there are two people I trust in this world. 1 is ME and the Other one ISN'T You"
Yes, not comfortable, that's why I mentioned that I'm building my bankroll silently.
How to deal with poker community that play without bankroll management. Quote
01-03-2023 , 10:21 AM
Not to be too nosy .. but ..

1) How are you playing online in a country where poker is illegal?
2) Are you suggesting that your group has a pool of tournament entries or that 'we' are going to share just expenses when joining the tournament scene?

3) How are you finding the time to play both 'with' and 'without' your 'team' in an effort to build your silent bankroll?
4) Do you have to share your winnings with the group?

It doesn't really sound as if the whole group has the same viewpoint of playing poker. While it's not required, it can, and will, ultimately create some frustration from one camp or the other. Don't let their viewpoint cloud yours .. but also you can't expect everyone to agree with you 'just because'. The poker community loves it when a group of Players is shot taking. This keeps the Player pool fresh and the entries coming in!

You may not be able to change the way they think about their 'disposable' income .. but you can continue to discuss how to play the game. If these Players are both taking shots AND not really interested in learning or playing the game to create long term success, then I'm afraid you'll just eventually need to find a new group and hopefully that's possible. Perhaps you'll be exposed to Players that are more aligned with your thinking once you travel more. GL
How to deal with poker community that play without bankroll management. Quote
01-03-2023 , 02:08 PM
why is it your job to control what the community does? worry about yourself and be an example for them. no other way to change them.
How to deal with poker community that play without bankroll management. Quote
01-04-2023 , 05:24 AM
Quote:
Originally Posted by answer20
Not to be too nosy .. but ..

1) How are you playing online in a country where poker is illegal?
2) Are you suggesting that your group has a pool of tournament entries or that 'we' are going to share just expenses when joining the tournament scene?

3) How are you finding the time to play both 'with' and 'without' your 'team' in an effort to build your silent bankroll?
4) Do you have to share your winnings with the group?

It doesn't really sound as if the whole group has the same viewpoint of playing poker. While it's not required, it can, and will, ultimately create some frustration from one camp or the other. Don't let their viewpoint cloud yours .. but also you can't expect everyone to agree with you 'just because'. The poker community loves it when a group of Players is shot taking. This keeps the Player pool fresh and the entries coming in!

You may not be able to change the way they think about their 'disposable' income .. but you can continue to discuss how to play the game. If these Players are both taking shots AND not really interested in learning or playing the game to create long term success, then I'm afraid you'll just eventually need to find a new group and hopefully that's possible. Perhaps you'll be exposed to Players that are more aligned with your thinking once you travel more. GL
1) I live in SEA country, you knew what the law of the country around here works, legal is illegal, illegal is legal like 1984's doublespeak.
2) No pool, just share an expense.
3) Yes, I have a time to build my personal bankroll in the way that poker player around the world do. I just don't like the way they're thinking about poker.
4) No, all of my winnings are mine.
How to deal with poker community that play without bankroll management. Quote

      
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