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BR Mgmnt question?
This may be better in NL or Online, but I would like to ask a question about BR Mgmnt. Let me run a strategy by you guys and please critique where I could go wrong. Or maybe this works well and someine adopts it for themselves. Feel free to add what you do as well. Thanks in advance.
I've read to carry a certain amount of buy-ins, BB's, $'s in your BR. I've also read to avoid moving up in limits until your roll is big enough to take the swings, BUT HOW MUCH AND WHEN DO YOU WITHDRAWL MONEY FOR INCOME?
I read somewhere to, at the end of the day, save 10% of winnings separate from your BR and before long you have a few hundred dollars. That sounds good, but at my limits($25NL), it won't add up yet.
It hit me in the shower,
1) Build my roll to 1000-1500(currently $525) ASAP, using whatever means possible...bonuses, winnings, etc.
2)Once I can play at $100NL, I know you need 2000-3000 dollars, see minimum 7500 hands to be sure I am beating the game. And, then, every week take off profit above $1500, bonuses and all.
OR
1) Build roll to 1000+.
2) At end of week, take 20%-50% above 1500 only. This would allow me to keep a small portion of winnings and still build BR further for higher levels.
The second one is the more cautious appraoach, but I want to supplement income w/ $500+ a month eventually. And I need to learn how to take some winnings without having to move down levels.
Any thoughts/articles would be appreciated.
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