Bankroll Management: Low Stakes

[CalledDownLight]

fwiw, 3k isn't enough to take a shot at NL200. I would wait until you have 4k to even take a shot at this level or buyin for like $150. On the other hand, I think 10 BIs is enough for NL25 and NL50 (drop down if you hit 7).

[Berge20]

You don't think that if I see a juicy NL200 table with 3 idiots on a Friday night that I can't risk $200 of my 3k+ as long as I follow the guideline of stepping back down?

There is certainly a difference between that type of "taking a shot" and spending a certain numbers of hours/hands at the level to try it out and see how you do type of thing. Perhaps that is more of what you are suggesting with the $4k+ figure?

[CalledDownLight]

[ QUOTE ]
You don't think that if I see a juicy NL200 table with 3 idiots on a Friday night that I can't risk $200 of my 3k+ as long as I follow the guideline of stepping back down?

There is certainly a difference between that type of "taking a shot" and spending a certain numbers of hours/hands at the level to try it out and see how you do type of thing. Perhaps that is more of what you are suggesting with the $4k+ figure?

[/ QUOTE ]

I guess on a Friday night it is different, but I was thinking that you meant moving up and then moving back down if you lost like 5 buyins. When I take a shot it is usually just moving up completely with a willingness to move back down if necessary.

[Berge20]

That's a good point though. I'll go back and clarify that more and perhaps add something about taking a more permanent shot to test the level.

[TheProdigy]

I moved up to 200nl with like 8k, lol.

Moved up to 400nl with 20.

I am bankroll nit, but with the amt of time I have I have 0 reason to have any risk of ruin.

[diebitter]

Eh, when 1- or 2-tabling, I have much finer edge moveup.

I do as you suggest at nl50 and below, but once at about 1.3K, I'll move into nl100 unless I fall back to 1K in BR, then it's back to nl50. At about 1.6K, I'll move into nl200, and any drops, I'll go back to nl50 at about 1.2K.

But like I say, that's really only for 1 or 2 tabling, and you need to be able to easily drop without any issues at all to do this sort of thing - and that includes immediately closing tables the second you fall under the limits, because at that edge, it's easily major BR damage if you stick in them past the time you drop below your levels.

[1dentifier]

I moved up to 200nl with a 20ish buyin bankroll and this happens:



Right at the bottom I nearly moved back down to 100nl with a 30 buyin roll, but was too stuburn to do so. I spose I'm just posting this to illustrate out what a bitch variance can be when you're hovering around 20 buyins.

[xxrod17xx]

This is basically an outline of my moving up plan. Cept I prob go a little deeper once I reach 100NL like CDL. Good post.