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#1
08-06-2007, 08:55 PM
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bankroll management question
i hear u shouldnt ever put more then 5% of ur money for a buy in...but if im uncomfortable even doin that much of my roll per buy in...is it a bad thing to buy in short stacked on cash games? or does it really matter....
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#2
08-06-2007, 09:15 PM
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Re: bankroll management question
Hmmm...
If your bankroll is $1000, 5% of that is only one table of 50NL poker. Assuming you don't have a thousand, stick to the play money or 5/10 cent poker games for awhile until the money is chips not cash. Use the number of buyins as a guide not % of roll. For instance, 20 buyins at the micro limits is pretty standard for a winning player. Add 10 buyins on top of each level as you progress for protection against variance.
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#4
08-06-2007, 10:24 PM
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Re: bankroll management question
[ QUOTE ]
ive got a small bank roll of course...im not lookin to be a pro poker player and make all the money or anything...i just dont want 2 go broke [/ QUOTE ] You can't hope to avoid going broke unless you're a winning player. If you're a winning player you still have a risk of going broke even with a large bankroll. You can estimate the risk with this formula: risk of ruin= exp(-2*WR*B/SD^2) where WR=winrate, B= bankroll, SD= standard deviation Or use this tool: http://www.castrovalva.com/~la/bank.htm
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#5
08-06-2007, 11:15 PM
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Re: bankroll management question
risk of ruin= exp(-2*WR*B/SD^2) where WR=winrate, B= bankroll, SD= standard deviation i speak english...lol but i guess im a winning player...i deposited 50 bux and i have 200 after a few days of buying into cash games short stacked...im just wondering whats worse...buying in for too much money or buying in for too little... Or use this tool: http://www.castrovalva.com/~la/bank.htm [/ QUOTE ]
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#6
08-07-2007, 12:20 AM
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Re: bankroll management question
[ QUOTE ]
i speak english...lol but i guess im a winning player...i deposited 50 bux and i have 200 after a few days of buying into cash games short stacked...im just wondering whats worse...buying in for too much money or buying in for too little... [/ QUOTE ] Sorry. It's not as bad as it sounds. It's just four numbers. But you haven't played enough to worry much about them yet. If you play online, you'll eventually want to get a tracking program like PokerTracker, which will give you the numbers. Playing short stacked is probably safer. Is it better? It depends on how you feel about the possibility of losing your $200. It's up to you.
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#8
08-07-2007, 04:21 PM
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Re: bankroll management question
[ QUOTE ]
imagine if you have the nuts and 1 opponent has the second nuts payign you off....how much money u waste with a tiny stack [/ QUOTE ] Imagine how much money you save if you're the one with the second nuts. Imagine how many big stacks will call big bets from a short stacks with mediocre hands. Imagine making a short stack into big stack. "You may say I'm a dreamer, but I'm not the only one..."
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