General Q about tourney bankroll
 

For some of the regular posters out there, when you were at $2600 in bankroll, what tournaments were you playing.

A little background: I played poker a year and a half and totally sucked. I didn't read anything, didn't read posts, didn't discuss the game with anyone, and played mostly based on personal frustrations / "feel" (where "feel" is mostly all-in bluffs at NL100). I also took absurd shots at games way out of my skill level (i.e., built to 1500, jumped into NL400).

Also, I'm strictly part-time: I'd say I play 12 to 14 hours a week. I have a full-time job, tho I do spend a considerable amount of time reading 2+2 whenever work is slow (which can be frequently).

Anyway:

I'd say at around January of this year, I started to really read 2+2 tournament forums. I finally bothered to play based on stack sizes and to discipline myself not to bluff terribly.

The first couple of months were painful, but then I had a decent score - I qualified for a $75 and placed 4th for $800. Two weeks later, I played a $30 and finished 4th for $475 (AK < A7). Three weeks after, I won a $10 for $950. I also finished 89/1500 in the FTOPs PLHE tournament. I feel that my game is coming a long.

My BR is now at $2600. I have yet to win at ANY $24+2 mega size tournaments (600+). My late game (final table bubble) needs a lot of work. For the past couple of weeks, I have been playing some $30 SNGs and doing well (so far, the players there have been AWFUL) and a lot of $20 heads up games (competition here has been unimpressive as well).

Anyway, I'm not sure if any of this is relevant, but where do I go from here? Should I take some shots at the $75s on FT? Should I try to qualify for them? Should I get some experience in $50 SNGs, maybe play ten of them? Should I keep plugging away at $24s on FT, even though the fields are ridiculously larged / mixed? $20 rebuys? I'd really like to start playing against some better competition, smaller fields w/ bigger prize pools. But, I don't want to dent my BR too badly (which could be a psychological thing, as when I once had a BR of 2K, I totally sucked + was clueless + had no discipline and lost it in one night)

Barry

Re: General Q about tourney bankroll
 

I didn't read all of your post but a lot of my friends are tourney players none of which post on these boards but they do a certain % of there BR that they risk each night.

Re: General Q about tourney bankroll
 

WCOOP ME sounds perfect for you =D

Re: General Q about tourney bankroll
 

[ QUOTE ]
I didn't read all of your post but a lot of my friends are tourney players none of which post on these boards but they do a certain % of there BR that they risk each night.

[/ QUOTE ]

Fair enough - but what percentage should I be risking? And what about taking shots / mixing things up with SNGs and cash games?

Barry

Re: General Q about tourney bankroll
 

K seriously just play what makes you feel not nervous (so you can play optimally). Playing 55's is probably good. 100s is pushing it but you can take shots at softer ones (which don't really exist). 50+5s are the way to go for you though.

Re: General Q about tourney bankroll
 

[ QUOTE ]
[ QUOTE ]
I didn't read all of your post but a lot of my friends are tourney players none of which post on these boards but they do a certain % of there BR that they risk each night.

[/ QUOTE ]

Fair enough - but what percentage should I be risking? And what about taking shots / mixing things up with SNGs and cash games?

Barry

[/ QUOTE ]

I think they do 3-5% each night

Basically when I used to play tourneys I would do

100 BI for any freezeout
5x rebuys/addon x 100 for rebuys
75 buyins for 180mans

So with 2300 I would play 3-5rebuys, 20/180s and 25 and lower freezeouts

Re: General Q about tourney bankroll
 

Barry,

IMO GSykes recommendations are good. I'm sure you've seen or can find the bankroll management rules he set for his bankroll building experiment (it was in one of the "Pro Tips" and Michael Craig summarizes it in one of his recent blog entries). There was also another recent thread in this column that talked a bit about bankroll/tourny size.

I play exclusively MTTs with the only variant being sometimes playing sattelites to take shots/gain experience at higher buy-ins than my bankroll would support, so I can't talk to SNGs or cash games. But it looks to me like you're playing at the right level for your bankroll.

I believe taking occasional shots at higher buy-ins via sats makes sense for a number of reasons and i do it, but it is actually a bad move from a BR management standpoint. First is that this really isn't any different than winning $216, 535, or whatever and then buying in directly. If your bankroll can't support buying in directly then in theory you shouldn't try to sat in. Second is that these are normally larger field tournaments which increases variance and makes them even worse from a BR management point of view. Personally that's my biggest BR managment leak, I need to limit the "shots" I take more than I do.

Re: General Q about tourney bankroll
 

[ QUOTE ]
IMO GSykes recommendations are good.

[/ QUOTE ]

Re: General Q about tourney bankroll
 

[ QUOTE ]
[ QUOTE ]
IMO GSykes recommendations are good.

[/ QUOTE ]

[/ QUOTE ]
His suggestions are good, but conservative considering that he has a full time job to fall back on/reload with. I'd play whatever level you feel comfortable at, but stick with 75$ or less buyins.

Re: General Q about tourney bankroll
 

how would synchronized breaks work? just have tournaments starting only on the hour?

Re: General Q about tourney bankroll
 

[ QUOTE ]
how would synchronized breaks work? just have tournaments starting only on the hour?

[/ QUOTE ]

you dont, its simple a big cup and a potty by the computer comes in handy

Re: General Q about tourney bankroll
 

Barry, i think the 'basic' rule is to have your average buy in at 1% of your roll.

Going with average buy in is a good system of measurement as it allows you a little flexibility with taking shots at higher games without over extending yourself.

I'd say play like 11r, 24 FO's, 11/r/a, 11 FO's, and the occasional 75 FO on tilt. GL

Re: General Q about tourney bankroll
 

I go by the following article, and which is the "Bible" of bankroll management - pun intended.

http://www.fulltiltpoker.com/pro-tip...on&tip=100

I trust this article because if anyone has crunched the numbers, done the math, and tested it in the field it's going to be Chris Ferguson.

Re: General Q about tourney bankroll
 

[ QUOTE ]
His suggestions are good, but conservative considering that he has a full time job to fall back on/reload with.

[/ QUOTE ]

That's a good point: If he's willing and able to reload he doesn't need to be so conservative. (I have a full time job too but I tend to be a bankroll nit anyway.)

Re: General Q about tourney bankroll
 

[ QUOTE ]
[ QUOTE ]
His suggestions are good, but conservative considering that he has a full time job to fall back on/reload with.

[/ QUOTE ]

That's a good point: If he's willing and able to reload he doesn't need to be so conservative. (I have a full time job too but I tend to be a bankroll nit anyway.)

[/ QUOTE ]

Able (at least without jumping through a bunch of hoops) is a problem for some of us these days. That's one reason I'm a bankroll nit. Let the people who's money I'm (hopefully) taking figure that out.

Re: General Q about tourney bankroll
 

Depending on your financial state ( have a job etc) I wouldn't be super worried with going busto and would prolly play mostly 50s and some 100s if you feel like it.

Re: General Q about tourney bankroll
 

def play the big 50fos

Re: General Q about tourney bankroll
 

[ QUOTE ]
def play the big 50fos

[/ QUOTE ]

I'm sure you know a lot more than me, but doesn't this sound a little steep for a $2600 bankroll?

I have a $2200 bankroll and am currently playing NL100.

Is it unadvisable to focus on mtt's and cash? Should I just play one or the other?

Also, if I do decide to play both, what size tourney's should I play for that kind of roll? SHould I drop down to NL50 and play $11fo etc?

Re: General Q about tourney bankroll
 

[ QUOTE ]
[ QUOTE ]
def play the big 50fos

[/ QUOTE ]

I'm sure you know a lot more than me, but doesn't this sound a little steep for a $2600 bankroll?

I have a $2200 bankroll and am currently playing NL100.

Is it unadvisable to focus on mtt's and cash? Should I just play one or the other?

Also, if I do decide to play both, what size tourney's should I play for that kind of roll? SHould I drop down to NL50 and play $11fo etc?

[/ QUOTE ]

stick to cash unless you have a working luckbox

If you have a luckbox then

1. Play the sunday million
2. ???
3. Profit

Re: General Q about tourney bankroll
 

[ QUOTE ]
stick to cash unless you have a working luckbox

If you have a luckbox then

1. Play the sunday million
2. ???
3. Profit

[/ QUOTE ]

i think you got the steps wrong in this case...
1. Play the sunday million
2. Have a working luckbox
3. Profit

surely that south park reference can't work for everything

Re: General Q about tourney bankroll
 

Serious reply.

Barry, play the big guarantees at FTP and Stars.
starting at 8, stars has a 25k GTD 27.5$ tourney, and a 3.3R. Have like 30$ to spend on the rebuy.
At FTP, the 24k.
at 9:30 play both the 50k $55 on stars and FTP.
at 10 on FTP, the 28k.

those are EST times.

Stick to those if u play at that time, and you should be fine.

I started playing them last month with 2.5k. I dont have any real varaince to talk about, I didnt cash the 50's for a while, but all of those tournies are soft as hell.

Win a couple and start playing them and the hundo tournies.
Follow these rules and run kinda hot, and u will be 50k richer in a month.

Re: General Q about tourney bankroll
 

Watch out for MTT variance!

Admittedly being a conservative player I mainly play $25 FOs and $10r, with a couple of weekly shots at $55 FOs. My roll is around $15k, built over 4 years exclusively playing MTTs and SnGs.

I'm down >$2k over the summer for online alone. Haven't spotted any particularly gross leaks ... just a lot of lost 70%s.

These kind of things happen.

Re: General Q about tourney bankroll
 

[ QUOTE ]
Watch out for MTT variance!

Admittedly being a conservative player I mainly play $25 FOs and $10r, with a couple of weekly shots at $55 FOs. My roll is around $15k, built over 4 years exclusively playing MTTs and SnGs.

I'm down >$2k over the summer for online alone. Haven't spotted any particularly gross leaks ... just a lot of lost 70%s.

These kind of things happen.

[/ QUOTE ]

Wow. You are a BR nit! I wish I still was.

Re: General Q about tourney bankroll
 

[ QUOTE ]

Wow. You are a BR nit! I wish I still was.

[/ QUOTE ]

HAHA. Was just about to say the same exact thing.

Re: General Q about tourney bankroll
 

[ QUOTE ]
[ QUOTE ]

Wow. You are a BR nit! I wish I still was.

[/ QUOTE ]

HAHA. Was just about to say the same exact thing.

[/ QUOTE ]

My greatest leak (by far) is when I'm just like "Meh this is a [censored] $50 freeze-out, what's $50? I'm arrrrr-innnnn"

Re: General Q about tourney bankroll
 

I'd say stick to 11 rebuys, 22 rebuys, and playing turbo sats to nightly 150 and sunday million. I think rebuys offer you much better chances if you're good deepstack player vs. freezeouts where you often need cards imo to do well. For 20 rebuy just be prepared to rebuy once and add on and thats' it. I know people say you should keep rebuying but that tourney is perfect for building a BR with what you've got and I'd rather play that than a 50 FO.

Re: General Q about tourney bankroll
 

I have a semi-...er...complicated Bankroll calculator that sets aside 10% of my bankroll/20 games and uses 10% of that # to start. If I run bad, it forces me into lesser stakes and cushions the variance (Saved me hundreds in august). If I run well, I take smaller shots at MTTs that are no where near out of my league (won me a bunch in September).


I like it so far, but it's entirely nitty and the risk of ruin is so incredibly small (means a lot to me. If I ever busto'd I'd probably be unable to reload), it just seems wonderful to me.

Re: General Q about tourney bankroll
 

[ QUOTE ]
[ QUOTE ]
IMO GSykes recommendations are good.

[/ QUOTE ]

[/ QUOTE ]

Link?

Re: General Q about tourney bankroll
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
IMO GSykes recommendations are good.

[/ QUOTE ]

[/ QUOTE ]

Link?

[/ QUOTE ]

One of the responses in this thread.