Variance is a bitch, I have to drop down, when can I go back up?

[sfetaz]

I moved down because I reached the threshold where my bankroll is 300 big bets at .50/1. My original question was assuming this is due to variance, at what point of my bankroll can I comfortably go back up? Or do I wait until I have at least 300 BB's at 1/2 to go back up? In that case, when should you decide to drop down based on bankroll management?

[bozlax]

[ QUOTE ]
I moved down because I reached the threshold where my bankroll is 300 big bets at .50/1. My original question was assuming this is due to variance, at what point of my bankroll can I comfortably go back up? Or do I wait until I have at least 300 BB's at 1/2 to go back up? In that case, when should you decide to drop down based on bankroll management?

[/ QUOTE ]

Why did you wait until you were at 300bb for .5/1?

[BadBigBabar]

boz give it a rest one time honestly

[bozlax]

[ QUOTE ]
boz give it a rest one time honestly

[/ QUOTE ]

Babar, he knows the answer to the question, he's just trying to get a whine thread in. If he wants to do that, he's got to pay.

And, seriously, if you know of a better way for people to learn than by answering their own questions, be my guest.

[sfetaz]

No I really do not know the answser. I always assumed that we have a certain number of BB's to cover variance, but based on the responses I am getting I never really knew the proper time to drop down when your losing. It doesn't make sense to me for it to be that much higher because then you would be dropping down after two or three big losing sessions.

[kerowo]

The point behind the 300BB rule is that it reduces the risk of ruin (busto) and assumes that there is no more money to reload. If you can reload easily then it doesn't matter what level you play at as long as you can afford the buy in.

The reason you move down is because you're losing money and don't want to lose the entire roll. When you move down is entirely up to your confidence level. Do you feel confident that you're losing because of variance and not because you aren't ready for that level? You will have to make that call, but rest assure that most people mistake bad play for variance at least once in their career.

[Dankenstein]

How many hands have you played at 1/2 total ?
And in how many did it take you to lose that amount ?

Just curious if you don't mind sharing.

[sfetaz]

Kerowo and to everyone, thank you for your responses. It's much appriciated.

Dank, I don't have every hand I played listed on this PC, some losing sessions were on a friends computer that I do not have access to now. On this PC at 1/2 specifically I have over 7,000 hands listed. I would assume on the other PC's I logged about 500 hands. So about 7,500 hands total.

[Bona]

Bankroll sizing presupposes you are a winning player. Somebody with more experience than I ("I'll ascribe it to Aaron but I'm not for sure) said "if you are a winning player you have a bankroll. If you are not you have a budget."

At 7500 hands you haven't enough track record to know whether you are a winning player.

[sfetaz]

In total I have over 12,000 hands registered, accounting for the various limits played. PT has me listed only down $76 but I lost money other times playing on the other PCs.