Online bankroll management

[pzhon]

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Thanks for your input on this. I interpreted it to mean you would buy in to a game of NL and put 10% of your stake on the table as your buy in.

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Your interpretation is wrong. Buying in for 1/2 of a stack does not cut your swings in half. It is like using half of a tank of gas--your mileage does not go down much due to the decreased weight. In addition, when you buy in short, you may change your win rate dramatically (possibly turning yourself into a winning player, but also possibly cutting your win rate signficantly).

Buying in for 10% of your $250 bankroll at a NL $100 table is very different from buying in for 10% of your bankroll at a NL $25 table.

In case you are interested in a rational approach to bankroll management, and are unable to translate the Kelly criterion to the poker context yourself, you may want to read and think about what I posted in the Beginners Questions forum.

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Perhaps, assuming AA dealt to you, and using Poker Stove to determine your chances of winning with 2 callers, and assuming poker stove says 45% chance of winning, you would want to put no more than 45% of your stack in the pot.


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This is really confused. It sounds like you are going to throw away any edge you might have, and then blame the resulting disaster on bankroll management. When you have AA, you should have no qualms about putting your whole stack in preflop as long as you didn't buy in for almost all of your bankroll.

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I am only theorizing here, and would appreciate any input from those much more mathematically able.

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Please read what I wrote.