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lingy86
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12-03-2004, 05:06 AM
Post subject: When to cash out
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#1 (permalink)
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Join Date: Dec 2004
Posts: 10
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I know that people say when you raise your bankroll enough you could go up to the next limit but when do considering cashing and how much?
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steviebrutal
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12-03-2004, 07:22 AM
Post subject: Re: When to cash out
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#2 (permalink)
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Join Date: Nov 2004
Posts: 96
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Quote:
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Originally Posted by lingy86
I know that people say when you raise your bankroll enough you could go up to the next limit but when do considering cashing and how much?
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I started cashing when my earnings surpassed what I lived on already... on a monthly basis
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LockLow34
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12-03-2004, 01:26 PM
Post subject: Re: When to cash out
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#3 (permalink)
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Flush
Join Date: Jun 2004
Location: Ashburn, VA
Posts: 266
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Quote:
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Originally Posted by steviebrutal
Quote:
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Originally Posted by lingy86
I know that people say when you raise your bankroll enough you could go up to the next limit but when do considering cashing and how much?
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I started cashing when my earnings surpassed what I lived on already... on a monthly basis |
I'm not understanding what you mean. Could you clarify with a numerical example?
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Nehmer
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Full House
Join Date: Oct 2004
Location: Decatur, IL
Posts: 666
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I personally try to keep at least $750 in my account and cash out $500 whenever I get above $1250. It really depends on what sized bankroll you are comfortable playing with and what limit you play at though.
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LeFou
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12-03-2004, 03:11 PM
Post subject: Re: When to cash out
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#5 (permalink)
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4-of-a-Kind
Join Date: Jul 2004
Location: Dallas, TX
Posts: 2,361
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Quote:
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Originally Posted by lingy86
people say when you raise your bankroll enough you could go up to the next limit...
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Sorta true. Go up for a visit. If you feel like you'll be profitable, set up shop there.
But if you don't, stay at the stakes that are profitable for you. Cash out. Build up again and visit the next level again. Patience.
I visited 1/2 Limit the other day with elipsesjeff. And went crying home to Mama within 20 minutes.
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mike4066
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4-of-a-Kind
Join Date: Dec 2003
Posts: 1,943
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Cashing out all depends on your goals.
If your goal is to remain at your current limit forever.. Keep whatever $$ you need for your current limit and cashout X amount over that.
Example. I want to play 2/4 LHE but keep a BR of 300BB's. $1200
Lets say I set my Cashout goal @ $1500. Every time I hit $1500 I cash out $300 returning to my original $1200.
But if your goal is to move up limits then you probably don't want to cash out. If you need the $$$ cashed out, pull out a lesser amount.
Example. When you hit $1500 you only take out $200 instead, leaving $1300. Then move your cashout to $1600, hit $1600, cash out $200 leaving $1400, lather rinse repeate until your NEW Br is met.
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steviebrutal
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12-03-2004, 08:02 PM
Post subject: Re: When to cash out
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#7 (permalink)
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Join Date: Nov 2004
Posts: 96
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Quote:
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Originally Posted by LockLow34
Quote:
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Originally Posted by steviebrutal
Quote:
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Originally Posted by lingy86
I know that people say when you raise your bankroll enough you could go up to the next limit but when do considering cashing and how much?
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I started cashing when my earnings surpassed what I lived on already... on a monthly basis |
I'm not understanding what you mean. Could you clarify with a numerical example? |
this is what I meant... I started cashing out when I was able to put 25% of my earnings back into my poker bankroll, and the other 75% I used to live off of (sort of like a monthly paycheck). Eventually I no longer needed a job.
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