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For playing Limit - just want to know BR Management

  
 
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ponyboy
Old 10-29-2008, 12:46 AM     Post subject: For playing Limit - just want to know BR Management #1 (permalink)  
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Current BR is about $100 - it looks like for limit I'm looking at being rolled for .10/.20?

I'm just wondering what the Limit guidelines are because I don't want to play outside my roll - I started at .05/.10 but everyone had about $2 at the table.
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Ragnar4
Old 10-29-2008, 06:05 AM #2 (permalink)  
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20 Buy Ins can handle the swings you're looking at for limit, 25-30 if you play a little looser game than normal.
The older I get, the more I start wondering; Just what in the hell is going on here?
 
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asdpikas
Old 10-29-2008, 07:51 AM #3 (permalink)  
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300 BB for any limit is the standard accepted rule of thumb. Take this as a guideline, not as law.
"could I take out every woman and child in a border town?"
For the right to be governed, waste them without mercy.
When you've decided. Meet me at the airport.
 
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Old 10-29-2008, 10:46 AM #4 (permalink)  
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300BB is a retarded guideline.
I take Spoon's guidelines for NL and then double the big blind to get the limit I can play at. This is because the standard variation per 100 hands in limit is double that of NL.

When you have $100, play 5nl. (20 buy-ins)
5NL is 0.05 big blind
I'll double that to 0.10 big blinds so you're rolled for .1/.2 limit
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DrivingDog
Old 10-29-2008, 11:02 AM #5 (permalink)  
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Quote:
Originally Posted by iopq
300BB is a retarded guideline.
This is because the standard variation per 100 hands in limit is double that of NL.
It's closer to being the other way around...

300 BB is plenty. I go with 150BB myself, but I'm disciplined about dropping down if I go below that.
"You can fool some of the people all of the time, and those are the ones you want to concentrate on." (George Bush).
 
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ponyboy
Old 10-29-2008, 05:21 PM #6 (permalink)  
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Thanks to everyone. I'm obviously rolled for .10/.20 but I think I'll play at least two thousand hands at .05/.10 just to get the hang of things.

In case you're wondering why such a small sample, see my blog.
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Old 10-31-2008, 04:43 AM #7 (permalink)  
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Quote:
Originally Posted by DrivingDog
Quote:
Originally Posted by iopq
300BB is a retarded guideline.
This is because the standard variation per 100 hands in limit is double that of NL.
It's closer to being the other way around...

300 BB is plenty. I go with 150BB myself, but I'm disciplined about dropping down if I go below that.
that's what I meant, the stake you play is double because the standard deviation is half

I suggest 500BB
stoxtrader uses 1000BB
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Chopper
Old 10-31-2008, 01:34 PM #8 (permalink)  
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Quote:
Originally Posted by DrivingDog
300 BB is plenty. I go with 150BB myself, but I'm disciplined about dropping down if I go below that.
you had an explanation last year about WHY you do this, and i got a ton from it. it may be time to explain it again, although, OP didnt ask for more detail. i just think it could shed light on the "300 bb vs 500 bb vs Dog's theory."

FYI, i am slowly working my way towards your guidelines, but i am more adjusting to the dollars on the table and pot sizes. if i feel the slightest bit focused on the money, i know i'm not ready yet....need to take more of a "taking shots" approach.

its all about your personal "risk of ruin," ponyboy. you move up when you're rolled for it. but, more importantly, when YOU can handle the money involved and the swings that will come with it. moving up because you have the money can be just as devastating if you play less than your best.
LHE is a game where your skill keeps you breakeven until you hit your rush of random BS.

Nothing beats flopping quads while dropping a duece!
 
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Dontworryboutit
Old 10-31-2008, 03:01 PM #9 (permalink)  
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You definatly have to go with the 300BB rule which is safe, it avoids swings in your BR compared to 150BB obviously so if you cant handle that then stick with 300BB to be safe.
Remember Limit holdem takes alot of patenince and takes time as you grind up the money at lower limits.
Poker, its easy to learn but takes a lifetime to master.
 
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Old 10-31-2008, 03:27 PM #10 (permalink)  
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After a 400BB downswing I no longer subscribe to the 300BB guideline
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Dontworryboutit
Old 10-31-2008, 04:59 PM #11 (permalink)  
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Quote:
Originally Posted by iopq
After a 400BB downswing I no longer subscribe to the 300BB guideline
Well thats unfourtanate
Poker, its easy to learn but takes a lifetime to master.
 
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Dontworryboutit
Old 10-31-2008, 04:59 PM #12 (permalink)  
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Quote:
Originally Posted by iopq
After a 400BB downswing I no longer subscribe to the 300BB guideline
Well thats unfourtanate
Poker, its easy to learn but takes a lifetime to master.
 
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Dontworryboutit
Old 10-31-2008, 04:59 PM #13 (permalink)  
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Quote:
Originally Posted by iopq
After a 400BB downswing I no longer subscribe to the 300BB guideline
Well thats unfourtanate
Poker, its easy to learn but takes a lifetime to master.
 
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asdpikas
Old 10-31-2008, 05:37 PM #14 (permalink)  
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Quote:
Originally Posted by iopq
After a 400BB downswing I no longer subscribe to the 300BB guideline
I would seriously consider moving down and analyzing your game
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