Join Date: Feb 2013
Posts: 10,812
If you are playing for fun then just pick tournaments that you can take seriously. That's a weird statement, yes, but it's very difficult to grind out the hours it takes when the payout doesn't put much of a dent into your bank roll.
After my many years of 1/2 live cash play I just know that I could never survive playing .01/.02 online seriously without a drastic change of mindset.
I think you pretty much want to be cashing in on 10-15% of your entries to feel 'secure' with the skill level of that type of tournament. There are other threads that discuss 'cashing' v 'winning' tournament approaches and the styles of play you need to use to achieve those different goals. 'Cashing' Pros need a much higher percentage in order to stay afloat, but 'winning' Pros (where it's FT or bust) opt to play more aggressively since their payouts are much bigger.
Cash Players typically want at least 30, if not 40-50 BI in their bankroll, so to have 100 BI in a tournament BR, where cashing is 'much' less likely sounds fine to me. But again, to me, it comes down to your mental state more than your BR when you truly aren't playing for profit or some other longevity goal. GL