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bigstock2001
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11-02-2008, 03:12 PM
Post subject: bankroll management quesstion Multi tabl.
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#1 (permalink)
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Straight
Join Date: Jan 2008
Location: JESUP
Posts: 142
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I have recently started over with 30.00 and moved to pokerstars. I am currently playing .01/.02 and trying to build my bankroll to 100.00. In the last 3 days which is when i made the deposit. I have won over 55.00 I play 6 tables at the same time. Now I was planning on moving up once i get to 100.00 but I know that right now my success is to great cards and alittle bit of good playing. So i don't want to move up even though i will be rolled to do so My point is I don't want short term success to equal short term bankroll. So my question is. this.
Spoon says i should play .05 once i get rolled to 100.00 this is about 20 buy ins. But if i am playing 6 tables at the same time which would put about 30.00 in play at the same time i should have a bigger roll to do so. am i correct. I know if I am playing 6 tables and loose 6 buy ins than the problem is more than my bankroll it would me playing too many tables. However I also know that the more tables you play there is a decrease in players ability as well. SO what is the best way to protect your bankroll while grinding at the micro stakes while playing multi tables.
Thanks
Don
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spoonitnow
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Straight Flush
Join Date: Sep 2005
Location: IRC Chat Room
Posts: 5,406
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There's no change. Bankroll management guidelines are based on win-rate and standard deviation. Your standard deviation will stay about the same with more tables, but your win-rate might suffer a little. In any event, it's fine to wait until $150 to start playing 5nl if you want.
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Quote:
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Originally Posted by Ripptyde
I only have 2 simple rules when I am coaching a new student.
Rule # 1: don't ask questions
Rule # 2: don't ask questions
I have no interest in discussing strategy with a protege'. Your job is to remain quiet and listen. I have a very systematic approach that I will share with the right candidate and I promise that I will turn you into a force of nature and show you elements of the game of poker that you never knew existed.
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Say instead you play on the same table
Couldn't you lose 6 buy-ins one after the other?
If you were to say "But that would take a longer time" of course you'd be right. But playing multiple tables is a way of getting more hands in, whether you lose them or not.
The point is: your chance of losing 6 buy-ins is the same whether you play 1 table for 6 hours or 6 tables for 1 hour.
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kb coolman
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Flush
Join Date: Oct 2008
Posts: 596
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But how does this apply to not risking more than 10% of your Bankroll? I play 10NL, and I only recently got my BR over $400, so now I've started 4-tabling, up from 3.
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Quote:
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Originally Posted by kb coolman
But how does this apply to not risking more than 10% of your Bankroll? I play 10NL, and I only recently got my BR over $400, so now I've started 4-tabling, up from 3.
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I don't think you should count multiple tables for that rule
someone with $750 could definitely 20 table NL25, even though they'll have more than half of their BR on the tables they're still doing fine
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kb coolman
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Flush
Join Date: Oct 2008
Posts: 596
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Thanks for clarifying that. I may try working my way up to 6 tables. 3 was just getting boring, but I thought I needed the larger BR to go to 4. 4 is more fun, but I still think I could add a couple more.
I need a much bigger monitor.
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bobdor
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Join Date: May 2008
Location: Minnesota, US
Posts: 35
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I think that for playing multiple tables it is less an issue of bankroll management and more a matter of controlling your tilt because once you start tilting on that many tables it can be a long fall before you quit.
Swings happen a lot faster with more tables. The coolers suck, but the heaters are great! 
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