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Old 09-13-2007, 03:14 PM
SugarPush SugarPush is offline
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Join Date: May 2005
Location: California
Posts: 40
Default Re: Please change the FAQ on bankroll requirements.

This is a fantastic post.

The key point is that a players bankroll should be a function of win rate, standard deviation (volatility in their play), and comfort level.

We could build a simple table to guide people based on these formulas. The table could contain guidelines to help people estimate their win rates and StdDev as a function of experience, playing style and level. We could use the voluntary statistics survey to help with the estimates.

This would give people more information to use to make better decisions on their bankroll management. It would actually help people avoid going broke because they would be able to estimate the needed bankroll to move up levels.

For example we could probably help build tables with information like: If your win rate at $100nl is X then your win rate at $200nl will probably initially be X*Y and this would help people determine their needed bank rolls much more accurately.
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