Quote:
Originally Posted by bicyclekick
Agree 100% if you're not living off of it. Monthly nuts come often and at 20/40 are a lot of bets.
Personally I wouldn't feel comfortable as a 20/40 player with 40k to my name and a 4k nut. There's nothing wrong with it I'd just be trying to put in extra hours building some more padding for a long stretch of not winning.
This is also true.
Basically as a "semi-pro" (so you play to win $, but you can just quit if it's not working out), 500 BB is just fine. But as a pro, you really should be subtracting your expenses out as a function of your hours played. Like 125 hours a month played and 3k a month in expenses, playing 20/40? That's 0.6 bets an hour from your win rate. So if you're a 2.5 BB/100 winner, you're really only "adding" 0.7 bets to you roll per 100.
And Win Rate and Bankroll requirements are inversely related using
this formula. So 500 is probably plenty as a semi-pro, since at 2.5 BB/100 w/ 0 BB/100 withdraw & 19 BB/100 standard deviation, risk of ruin is around 0.1%. However, if you have the same win rate as a pro but a 1.8 BB/100 withdraw, your RoR shoots up to 14.4% (which is totally unacceptable). For the same RoR as the prior guy, you'd need an almost 1800 BB bankroll.
So yeah after doing the math, you're 100% right BK. As a pro, you probably need a 1500+ BB Bankroll unless your game is an absolute joke, you're a world beater, you can manage off a small self-imposed salary, or you have income from other sources.