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What's an average bankroll for plo? What's an average bankroll for plo?

06-20-2023 , 04:36 PM
I'm thinking average would be 2500/5000 bbs? Low/high end of average.
What's an average bankroll for plo? Quote
06-20-2023 , 05:37 PM
I think this has been discussed endlessly. You're better off using the search function or googling "site:twoplustwo.com plo bankroll". It will depend on the stakes, your skill/winrate, tiltiness, ability to move down, live/online, risk appetite (risk of ruin), goals, etc. etc. etc. 100 BIs is going to be the default recommendation for anyone playing professionally.

Short answer: 25 BIs is on the low side given the variance I've seen.
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06-20-2023 , 08:04 PM
25 is comically low. I'm sure I've had many 25 bi downswings. I might have had -25 bi days without tilt.

To add to that list of things to consider, how easy it is to move money in and out of your pokerroom, both live and online, what other forms you may or may not have, what your fallback option is if you lose your entire bankroll ie do you have a job to go back to or a family home to move back to or do you have 4 hungry mouths to feed regardless of how you run at the tables.
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06-20-2023 , 08:14 PM
For the avg pro how often would you say a 25 buying swing happens?
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06-21-2023 , 03:23 AM
Quote:
Originally Posted by IntheFold
For the avg pro how often would you say a 25 buying swing happens?
Depends on if you do or do not include the 25 BI swings as part of the 30, 40, 50, 100 BI swings
What's an average bankroll for plo? Quote
06-21-2023 , 09:25 AM
My impression is that 20-25 is a min for NL .. and typical comments on this site suggest that you need at least 3x that for PLO. GL
What's an average bankroll for plo? Quote
06-21-2023 , 09:54 AM
Quote:
Originally Posted by Slap My Jack
Depends on if you do or do not include the 25 BI swings as part of the 30, 40, 50, 100 BI swings
Your cool.
What's an average bankroll for plo? Quote
06-21-2023 , 09:55 AM
Just to clarify my question was what the average bankroll would be. 50biyins imo is average no need for any more answers.
What's an average bankroll for plo? Quote
06-21-2023 , 10:10 AM
Quote:
Originally Posted by IntheFold
50biyins imo is average no need for any more answers.
If this is satire it's excellent
What's an average bankroll for plo? Quote
06-22-2023 , 12:37 PM
It's not satire it's empire plus for my question I'd say for avg rolls 30/60 buyins not off by much
What's an average bankroll for plo? Quote
06-23-2023 , 12:17 AM
Well, if you have a 10k, you can play 5/10.
What's an average bankroll for plo? Quote
06-23-2023 , 11:17 AM
If you think you can you can.. if you think you can't your right.
What's an average bankroll for plo? Quote
07-03-2023 , 04:52 PM
Quote:
Originally Posted by IntheFold
Just to clarify my question was what the average bankroll would be. 50biyins imo is average no need for any more answers.
Quote:
Originally Posted by wazz
If this is satire it's excellent
(100+0)/2 = 50

If you take the average of "have 100 BIs if playing professionally or don't bother (0 BIs)" then you get an average of 50.
What's an average bankroll for plo? Quote
07-03-2023 , 10:57 PM
Have had 1 40bi downswing nothing bigger over roughly 500k hands… but I also play on mostly soft sites.
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07-04-2023 , 01:01 AM
Quote:
Originally Posted by KnoxKnoxJoke
Have had 1 40bi downswing nothing bigger over roughly 500k hands… but I also play on mostly soft sites.
What sites / stakes?
What's an average bankroll for plo? Quote
07-04-2023 , 01:53 AM
Quote:
Originally Posted by MarkD
What sites / stakes?
Mostly .5/1 to 1/2, ignition global partypoker and apps top 4 volume I guess
What's an average bankroll for plo? Quote
07-04-2023 , 08:54 AM
Quote:
Originally Posted by KnoxKnoxJoke
Mostly .5/1 to 1/2, ignition global partypoker and apps top 4 volume I guess
what apps do you play? i am looking for some union with PLO4 action, every one i checked out its 6card
What's an average bankroll for plo? Quote
07-04-2023 , 01:47 PM
What skins are on the ignition network? I'm trying to figure out if it is available in Canada (not Ontario - so less restrictions then they have). Global I couldn't figure out how to download (I spent like 2 minutes on it). Need to figure out how to transfer money around between sites too.

Thanks for the info. Not a lot of games for PLO online so getting curious about sites other than Stars / GGPoker.
What's an average bankroll for plo? Quote
07-04-2023 , 02:06 PM
As to the original question I think average bankroll is a dumb question to ask without more specifics.
  • Are you playing professionally? (ie. do you have bills to pay from your "bankroll")
  • Can you replenish easily through a real job?
  • Are you trying to move up limits?
  • Are other limits available (ie. online you can move up and down easily, but if playing live maybe not)

I think the bankroll chapter in Mathematics of Poker is very good, although it advocates being very aggressive it also provides sound reasoning for it. It provides a formula to calculate the critical point where you should begin taking shots at the next level if you are interested in following a Kelly approach to bankroll management. This is what I am doing and it is far more aggressive than what is suggested in this thread, but I am in a different place than many people here.
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07-04-2023 , 02:21 PM
Quote:
Originally Posted by MarkD
you should begin taking shots at the next level if you are interested in following a Kelly approach to bankroll management.
Just be aware that in the world of professional gambling / advantage play, i.e. counting cards and taking advantage of casino promotions and so on, which I inhabited for a couple of years, and where edges are more firmly known than in poker, the general recommendation is half or even third or quarter kelly rather than full kelly which is known to be highly aggressive.
What's an average bankroll for plo? Quote
07-04-2023 , 02:41 PM
Quote:
Originally Posted by wazz
Just be aware that in the world of professional gambling / advantage play, i.e. counting cards and taking advantage of casino promotions and so on, which I inhabited for a couple of years, and where edges are more firmly known than in poker, the general recommendation is half or even third or quarter kelly rather than full kelly which is known to be highly aggressive.
I am aware. I am also a data scientist with a pretty good understanding of distributions and risks, but thank you, and I appreciate the advice because that is a very good point.

I am compensating for this by using a smaller value for winrate as that is the quantity in the formula with the most error. SD converges pretty fast. Additionally, I am playing PLO50 as my main game, and I have begun taking shots at PLO100 but will drop to 50 fairly fast if I lose a few buy-ins. At 50, if I went through a big enough downswing, I would just reload with personal money so my real bankroll is actually larger than what I am considering to be my bankroll. I'm not busto if I bust out of my GGPoker account winnings.
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07-04-2023 , 04:53 PM
Quote:
Originally Posted by donk12
what apps do you play? i am looking for some union with PLO4 action, every one i checked out its 6card
I don’t play apps anymore, but used to play the major unions.
What's an average bankroll for plo? Quote
07-07-2023 , 04:16 PM
If you ask this question and don't specify winrate, I infer you don't understand risk of ruin calculation. That's only a small part of gambling theory (hence of poker theory) but it is a part. With no other demonstrated understanding to go on, I infer your winrate could be negative.

No bankroll is big enough to support a negative winrate. So, infinity is your answer.

Offer better inputs, get a better answer.
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07-07-2023 , 04:54 PM
Quote:
Originally Posted by AKQJ10
If you ask this question and don't specify winrate, I infer you don't understand risk of ruin calculation. That's only a small part of gambling theory (hence of poker theory) but it is a part. With no other demonstrated understanding to go on, I infer your winrate could be negative.

No bankroll is big enough to support a negative winrate. So, infinity is your answer.

Offer better inputs, get a better answer.
These are fair hits imo but still, oof
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07-07-2023 , 04:59 PM
Quote:
Originally Posted by MarkD
I'm trying to figure out if it is available in Canada (not Ontario - so less restrictions then they have). Global I couldn't figure out how to download (I spent like 2 minutes on it). Need to figure out how to transfer money around between sites too.

Global is web browser based, and doesn't allow P2P transfers. I don't know if it's open to Canadians.
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