Sunday, December 31, 2006

Bankroll management

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Is a skill that every succesful pokerplayer has. I had no clue about bankroll management when I started my poker career. I played no limit 0.25$/0.50$ with a 150$ bankroll. Well it's not hard to guess what happened. Yes, I went busto, broke,...

So you are about to deposit a little sum of money to play some poker at the weekend? Lets say you deposit 200$. What games could you play? Of course it depends where are you heading with that deposit.

Well if you want to have something left in your account after a weekend your limits could be...

for fixed limit: 0.25$/0.50$ or 0.50$/1$
for no limit: 0.05$/0.10$ or 0.10$/0.25$

Aiming for sky limits (biggest tables in your room)? Now you are about to go broke or with a little luck you build a decent bankroll to play for...

Sometimes I like to make this "double or an other" style. I start in nl10 with a 3.30$ buy-in (dunno why 3.30$, but something weird like that). When I got the 20% buy-in for the next stage I move up. Like when I have 5$ I'm going to nl25, 10$ -> nl50. I also make a final point somewhere. Mainly 1,000$. Lots of fun with a small investment. 200$ would be too much for me to start with, but maybe not for you.

Some people play no limit 0.02$/0.04$ with a decent bankroll management. With like 80$. I don't like that. Well it's a good training, but I think that's waste of time (and money). I have a friend who I teached to play no limit and he started with 80$ deposit going straight to nl10/nl25. Now his bankroll is over 1,000$ and he's still playing nl25. So he took a slight risk in the beginning, but I think he learned much more about poker playing bigger stakes and now he don't have to waste his time with games that have no direction.

I'm playing no limit with 50+ buy-ins and fixed with 1000BB+. That's pretty secure :)

Here is some links to bankroll management:

link 1
link 2

...but remember: "A losing player always goes broke".

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