Need Bankroll Management Help
 

Some of you probably have played with me on FTP, and i dont think im that bad of a player ... how much money would i need for every level if i was a winning player? Any advice is appreciated

Re: Need Bankroll Management Help
 

twosteppin - I don't know how to make a URL (something you'd click on to find the thread in question).

What I did was go to the bottom of the page on the page you first get to when you click onto the Omaha/8 forum.

There's a blank space there, in between the words "Search forum" and the "search" button itself and I typed "bankroll management" (but without the quotation marks).

Located in the frame that appeared was first a reference to your post (and now probably this reply as well). And there were lots of various references to other posts and threads.

There's a lot of good stuff stored there about bankroll management, various excellent threads. I suggest you try that approach to get some really good advice on the subject.

Buzz

edit:
Then I went back and typed "bankroll management" (with the quotation marks). That might even work better for you.

Re: Need Bankroll Management Help
 

1) make sure you're a winning player

2) make sure you don't tilt (major and/or minor)

3) make sure you can adjust to the different types of play at the different levels

4) make sure you know how to adjust to different line-ups at each table/stakes.

5) plan bankroll accordingly


as a general rule, you'll find bigger swings in aggressive games. you'll also find that players at higher stakes are more difficult to push around than at lower stakes (well... you push them around differently). similarly, you'll find bigger swings short-handed than fr.

the important thing is not to do what <font color="green">one frequent poster</font> has done -- he's a donk and is close to busto (at least that's what i hear).

Re: Need Bankroll Management Help
 

buzz... you're very thoughtful in your moderating, but my comment was a joke. davebreal is very far from going broke (as far as his poker playing is concerned).

dave likes being the whipping boy, and i haven't taken a good shot in a while, so....


fwiw, pls feel free to edit this post if my humor is somehow inappropriate.

Re: Need Bankroll Management Help
 

[ QUOTE ]
buzz... you're very thoughtful in your moderating, but my comment was a joke. davebreal is very far from going broke (as far as his poker playing is concerned).

dave likes being the whipping boy, and i haven't taken a good shot in a while, so....


fwiw, pls feel free to edit this post if my humor is somehow inappropriate.

[/ QUOTE ]

I thought humor was supposed to be funny [img]/images/graemlins/smile.gif[/img]

Edit: Here is the link to a BR discussion. I would like to hear if anybody has changed their thinking on this http://forumserver.twoplustwo.com/showfl...rue#Post7245829

Re: Need Bankroll Management Help
 

[ QUOTE ]
[ QUOTE ]
buzz... you're very thoughtful in your moderating, but my comment was a joke. davebreal is very far from going broke (as far as his poker playing is concerned).

dave likes being the whipping boy, and i haven't taken a good shot in a while, so....


fwiw, pls feel free to edit this post if my humor is somehow inappropriate.

[/ QUOTE ]

I thought humor was supposed to be funny [img]/images/graemlins/smile.gif[/img]



[/ QUOTE ]

clearly a swing and a miss on my part. [img]/images/graemlins/grin.gif[/img]

Re: Need Bankroll Management Help
 

[ QUOTE ]
my comment was a joke.

[/ QUOTE ]Sorry, Kuso. I actually thought it might be a joke, but I couldn't tell.

Buzz

Re: Need Bankroll Management Help
 

<font color="green">Inappropriate remarks deleted. - Buzz</font>

It doesn't appear that Dave is bothered by the joking <font color="green">Omaha8sPoker - I agree. Dave is a good sport in my humble opinion. But the trouble is these sort of discussions tend to snowball and degenerate into tripe. This is a poker strategy forum. - Buzz

Here's a quote from a thread in the "About the Forums" forum.</font>

[ QUOTE ]
Re: Mudslinging, Personal Attacks, and Unsubstantiated Accusations Forum

Hi Everyone:

This forum will not happen.

www.twoplustwo.com is a site that was and is built on content and professionalism. Obviously, I'm aware that is not always the case with some of our posts and threads, but we only encourage our posters to think in terms of quality, we do not require it. On the otherhand, I believe it would be a major mistake for us to have a forum where the idea of quality content and professionalism is rejected by Two Plus Two management. So again, it will not happen.

Best wishes,

<font color="red">Mason Malmuth[/red]

[/ QUOTE ] <font color="green">So where does one go for mudslinging and personal attacks? I don’t know. But not on the Omaha-8 or Omaha-high forums, please. Trouble is, I can't always tell when the poster is joking. This is a forum for discussion of Omaha-8 strategy and related topics. That's just the way things are. Let's keep focused. - Buzz </font>

Re: Need Bankroll Management Help
 

thanks for the link phidelt

Re: Need Bankroll Management Help
 

[ QUOTE ]
Edit: Here is the link to a BR discussion. I would like to hear if anybody has changed their thinking on this http://forumserver.twoplustwo.com/sh...ue#Post7245829

[/ QUOTE ]
The numbers in this thread are still correct.

I will add that my largest downswing in PLO8 so far has been 12.5 buy-ins and the second largest 8 buy-ins. This happened over a sample size of 65000 hands (Win rate: 9 PTBB/100, Standard deviation 55 PTBB/100).

Based on my experience you should probably play with a minimum of 15 buy-ins. The exception could be the $25 PLO8 games at Party Poker where a bankroll of 10 buy-ins should be sufficient (Most of the players were really bad when I played there 1 year ago.)

Re: Need Bankroll Management Help
 

Gee buzz you need to chill with the edits man, I feel like I'm on Poker Stars...I didn't know I wasn't allowed to poke fun at myself and suggest that Dave should roll around in a pool of 100s if he felt too razzed...

Re: Need Bankroll Management Help
 

Who the hell is this Davebreal that you guys are talking of?

Re: Need Bankroll Management Help
 

[ QUOTE ]
... suggest that Dave should roll around in a pool of Pokerstars stressballs if he felt too razzed

[/ QUOTE ]

Re: Need Bankroll Management Help
 

[ QUOTE ]
Who the hell is this Davebreal that you guys are talking of?

[/ QUOTE ]

he's part of that exclusive "21 and over group", unlike yourself [img]/images/graemlins/smile.gif[/img]

Re: Need Bankroll Management Help
 

[ QUOTE ]
Edit: Here is the link to a BR discussion. I would like to hear if anybody has changed their thinking on this http://forumserver.twoplustwo.com/sh...ue#Post7245829

[/ QUOTE ]

i agree that these are decent guidelines if you are new to te game. if you end up playing 6-max or heads-up, then these might be too conservative for you.

being responsible enough to move down is extremely important too.

Re: Need Bankroll Management Help
 

[ QUOTE ]
[ QUOTE ]
... suggest that Dave should roll around in a pool of Pokerstars stressballs if he felt too razzed

[/ QUOTE ]

[/ QUOTE ]

Please Dave, I know you are WAY more balla than that!

Re: Need Bankroll Management Help
 

Kuso also makes a good point...As you move up you will find the games play much different...Over the past few days I have played everything from $50-$400 buy-ins...

From my experience, the $50s and $100s play fairly similarly (unless you get stuck at a $100 table with a bunch of regulars, doesn't happen too, too often but it does happen)...

The $200s are a step up from the $50s and $100s...

The $400s, I haven't played near enough hands to even fathom a comment on how these play in comparision to the $200s...

Re: Need Bankroll Management Help
 

[ QUOTE ]
Gee buzz you need to chill with the edits man, I feel like I'm on Poker Stars...I didn't know I wasn't allowed to poke fun at myself and suggest that Dave should roll around in a pool of 100s if he felt too razzed...

[/ QUOTE ]<font color="green">Omaha8s – I don’t recall that as being exactly all of what I edited out of your post, but no matter. I’m not going to quibble about it.

In a way moderating this forum is like chairing a committee. A good committee chair keeps the committee members on track dealing with the business of the committee. Our business, on this forum is dealing with issues related to our mutual Omaha-8 success. As moderator, I am trying to keep us on track.

Perhaps I misinterpreted your remarks. At the time it seemed to me that you were having fun at Dave’s expense. And if you do that, then it should be all right for Dave to turn things around and have fun at your expense. And then things snowball and we stray from the purpose of this forum.

Indeed, whether or not your remarks were at Dave’s expense, they certainly were off track. The opening poster asked for help with bankroll management, a topic that has been well and ably discussed over and over on this forum.

I like to have fun and I want you to have fun. I truly don’t want to put a damper on your fun. However, as moderator, I want us to stay focused.

Whenever I edit someone’s post, I’m making a judgment call. It’s a bit like a football referee deciding if a cornerback is guilty of pass interference or not – or like a baseball umpire deciding if the runner beat the tag or not. It’s not always very clear-cut.

I apologize if I stepped on your toes this time.

Buzz</font>

Re: Need Bankroll Management Help
 

[ QUOTE ]
Whenever I edit someone’s post, I’m making a judgment call. It’s a bit like a football referee deciding if a cornerback is guilty of pass interference or not – or like a baseball umpire deciding if the runner beat the tag or not. It’s not always very clear-cut.

[/ QUOTE ]

we are mostly 20-30 yr old wiseasses on this forum and we enjoy kidding around often, and although i wasn't insulted by the post, i guess you are right that we need a bit of order from time to time.

Re: Need Bankroll Management Help
 

[ QUOTE ]
we are mostly 20-30 yr old wiseasses

[/ QUOTE ]

Speak for yourself, little boy. [img]/images/graemlins/wink.gif[/img]

Re: Need Bankroll Management Help
 

[ QUOTE ]
[ QUOTE ]
buzz... you're very thoughtful in your moderating, but my comment was a joke. davebreal is very far from going broke (as far as his poker playing is concerned).

My thinking remains unchanged on this. I agree with the concept of taking disciplined shots though.

dave likes being the whipping boy, and i haven't taken a good shot in a while, so....


fwiw, pls feel free to edit this post if my humor is somehow inappropriate.

[/ QUOTE ]

I thought humor was supposed to be funny [img]/images/graemlins/smile.gif[/img]

Edit: Here is the link to a BR discussion. I would like to hear if anybody has changed their thinking on this http://forumserver.twoplustwo.com/showfl...rue#Post7245829

[/ QUOTE ]