Bankroll Management: Low Stakes

[Albert Moulton]

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How else can we improve upon this? I'd like to add it to the FAQ.

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Nice post.

I would add an explicit warning that you should never move up to win back losses when encountering a losing streak.

You basically say as much with the excellent advice regarding a bottom floor BR at which you move down a level, but the Psych forum is usually full of dudes who moved up to win back losses and ended up in credit card debt.

The only cure for running bad is to move DOWN before you blow most of your roll, and then grind your BR back at the lower level.

Finally, I wouldn't refer to yourself in the 3rd person. You sound a little like sup bro recounting how he was never tackeled for a loss of yardage.

[Chargers In 07]

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Finally, I wouldn't refer to yourself in the 3rd person. You sound a little like sup bro recounting how he was never tackeled for a loss of yardage.

[/ QUOTE ]I thought he was telling a story and not really talking about himself [img]/images/graemlins/confused.gif[/img].

Good post Berge20.

[SABR42]

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I would add an explicit warning that you should never move up to win back losses when encountering a losing streak.

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This works every time.

[gman339]

This is great for online play, but when you are talking about brick and mortar play you don't necessarily have the options to move down. Typically, 200NL or 300NL is the lowest level. Some brutal variance can seriously devastate your bankroll without giving you the option of moving down a level.

[Das Budrick]

damn you berge I was gonna make a pooh bah post along these lines

now I'll have to get more creative

nice job though