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#1
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Re: Bankroll Mgt & Multi-tabling
Most winning players will lower their PTBB/100 while multitabling, however, they are getting in many more hands and make more money in a short period of time because of this.
You need to analyze the difference in your PTBB/100 when multitabling and when you're not. The amount you increase your bankroll for multitabling should be directly related to how much your win rate is lowered due to multitabling. Something else worth mentioning, if multitabling is causing a significant drop in your win rate make sure that you are easing in to it and working up tables as you feel comfortable with them. |
#2
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Re: Bankroll Mgt & Multi-tabling
^ ^ great post. Variance is a function of winrate, not of how tight you play, not of 'high variance style', etc. Playing 12 tables will result in a lower PTBB/100 than playing 1 or 2 tables, guaranteed. Lower winrate = more variance.
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#3
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Re: Bankroll Mgt & Multi-tabling
[ QUOTE ]
Most winning players will lower their PTBB/100 while multitabling, however, they are getting in many more hands and make more money in a short period of time because of this. You need to analyze the difference in your PTBB/100 when multitabling and when you're not. The amount you increase your bankroll for multitabling should be directly related to how much your win rate is lowered due to multitabling. Something else worth mentioning, if multitabling is causing a significant drop in your win rate make sure that you are easing in to it and working up tables as you feel comfortable with them. [/ QUOTE ] Okay, so that makes more intuitive sense to me. So any advice on how I adjust my bankroll requirements. Is it as simple as 25% drop in win rate = 25% increase in bank roll required? Also, how big of a sample size would you like to have ideally before you trust your win rate stat? BTW - I'm not really thinking of 12 tabling. Anything over about 4 tables and I get very stupid, very quickly! |
#4
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Re: Bankroll Mgt & Multi-tabling
From what I understand, you should increase your BR requirements inversely.
For example, the general consensus for BR is to have 20 buy-ins. Let's say your normal win rate is 6BB/hr when you're single tabling. When you switch to Multitabling you now run at 4BB/hr and are now 4/6ths or 2/3rds of your normal win rate. Now, apply that inversely to your 20 buy-in rule.. 3/2 x 20 = 30 buy ins. As far as finding your actual win rate, here is an excellent post that talks about this. http://forumserver.twoplustwo.com/showfl...=8#Post12784921 |
#5
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Re: Bankroll Mgt & Multi-tabling
Will you ever be in a position to add money to your bankroll from your pocket? If so, don't get so hung up on bankroll requirements.
Start at a limit equal to 1/30th your roll. If you lose 6-8 buyins, drop down. If you have a one-time amount to play with, and if you lose you will quit poker, then be more conservative. |
#6
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Re: Bankroll Mgt & Multi-tabling
[ QUOTE ]
Okay, so that makes more intuitive sense to me. So any advice on how I adjust my bankroll requirements. Is it as simple as 25% drop in win rate = 25% increase in bank roll required? Also, how big of a sample size would you like to have ideally before you trust your win rate stat? BTW - I'm not really thinking of 12 tabling. Anything over about 4 tables and I get very stupid, very quickly! [/ QUOTE ] One factor that no one seems to ever bring up is that when you're multi-tabling, especially 6max, you're not just playing poker, you're scouting as well. Often one of your tables has a few good players and one fish. When that fish leaves, the table suddenly isn't juicy. So, you have to go looking for another one. Scouting, at least in my experience, can be very distracting, and your play can occasionally suffer. This is why I believe multi-tabling bankroll requirements should be considerably greater. |
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