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Some *different* BR management questions

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  1. #1

    Default Some *different* BR management questions

    Well, in the past month and a bit my BR has increased from $72 to $4k I have been playing mainly 1/2 FL 5max and some $5 rebuy mtts.

    So, the obvious step would be to move up to 2/4 FL... but that means me starting off with 50 buyins. Hmm... not so sure I fancy the return I'm getting on my BR. So, lets look at 3/6, I have made a profit at these stakes before but over a relatively small sample size (I sucked alot more than I do now when I was playing 3/6 so prob just running good), and 33 buyins isnt really enough. I only really play MTTs at weekends (maybe 3 or 4) when I dont feel time pressures etc and dont really play above a $10 buyin, so not too much exposure there.

    So, assuming I just play 2/4 and get a winrate of 1.5bb/100, that means I'm only playing 1.5k hands or so before I'm rolled for a step up to 3/6.. is that really enough experience at the next level before moving up again? Methinks not.


    So... what would you do? I really dont want to grind out 10k hands of 2/4 just for the sake of getting a good sample size, plus the tables where I play are very fishy all the way up to 5/10. Should I just move up to 3/6 when I hit 5k? Maybe split my roll for MTTS and ring games? (I'd probably have trouble keeping track of this).

    I was also wondering how much of your roll most people here typically deposit into a site from their e-wallets? I usually do 5 buyins but think that this may be too low.
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    Wait, this is .05/.10 and you got sexied, I can't believe that shit, limit must really be dying.[/quote]
  2. #2
    Well from my reading and understanding, when talking LHE rather than NL, you want 300BB for a 5% risk of ruin if you are unwilling to go down in stakes.

    At 3/6 this would mean $1800 would be enough theoretically to cover you, so your current bankroll would reduce the risk of ruin even further....given that I don't think you could be faulted for going to 3/6 and seeing how you go BUT only because you have been there already and seem to understand that you should move down if you need to.

    In regards to how much to keep in various places, I've pretty much got most of mine tied up in sites atm for bonuses I'm working on but that's probably not the best suggestion
  3. #3
    I think dont think 300BB is safe enough for short-handed limit personally, I like to make sure I have 400 (20 standard buyins).


    I have also had my entire BR split between several sites at once before and it can get messy, but my question is really in relation to once you've settled down at one site. I've always deposited 100BBs (5 buyins) in the past but it can have a slightly tilty psycological effect when I have a bad run and see that my balance has halved etc. I wouldnt be so bothered if I had my full 400-600 BBs sat there to make the damage look less severe if you get me? I know this sounds stupid because I should be thinking "oh well, I still have 400BBs in my e-wallet" but it does seem to have an effect.
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    Wait, this is .05/.10 and you got sexied, I can't believe that shit, limit must really be dying.[/quote]
  4. #4
    Quote Originally Posted by Knytestorme
    Well from my reading and understanding, when talking LHE rather than NL, you want 300BB for a 5% risk of ruin if you are unwilling to go down in stakes.
    If he's playing 5-max, he'll need a more than 300BB for good bankroll management. 500BB sounds about right.

    Jibalob, I think you're sufficiently rolled for 3/6 already. Sounds like you buy-in for a lot more than I though...I generally put 30BB down at FR and 50BB at SH. But if you're not comfortable with that level and want to spend some more time at 2/4, that's what you should do. However, if you only take 1500 hands to feel rolled for 3/6 and do want to move up, go ahead and move up. It's not Donkey Kong...you don't have to go through the maze to reach the next level. Large sample sizes are important in some types of analysis, but if you feel ready and your bankroll is ready, move up whenever you want. Beyond profitable, poker should be fun and challenging too.

    With regard to MTTs, you play them infrequently enough and for such low stakes that it's fairly inconsequential to your bankroll. Splitting it up would be uber-conservative.
  5. #5
    yeah, my bad...I automagically go to FR thiking still, keep forgetting most people play short handed now so yep 500BB sounds like a good cushion there.

    And in regards to how much to have in a site, I typically put 20 buy-ins on where I am playing, the rest either in Netteller or other sites for whoring as needed and think that works well since I can use the amount I have at the site as a guage of how I'm going at that level but alos know I still have money behind if I need it.
  6. #6
    Quote Originally Posted by BennyLaRue
    If he's playing 5-max, he'll need a more than 300BB for good bankroll management. 500BB sounds about right.
    My thoughts exactly, I think the variance would throw you up and down stakes far too much with 300 shorthanded.

    .
    Quote Originally Posted by BennyLaRue
    Sounds like you buy-in for a lot more than I though...I generally put 30BB down at FR and 50BB at SH. .
    More? maybe I mis-typed something somewhere. I normally buy in for 20BB SH (ie, $40 at 1/2) but I suppose it doesnt really matter as long as you have enough chips to cap every street.


    Thanks for your other comments, I just wanted to check what people thought of jumping straight to 3/6 as soon as I hit $4,800 - I didn't think it would be too donkish because from past experience I dont really see much difference between 2/4 and 3/6 on most sites.

    As for the MTTs, yeah, I guess risking an average of 0.25% of my roll on any given tournie isnt going to do to much damage.
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    Wait, this is .05/.10 and you got sexied, I can't believe that shit, limit must really be dying.[/quote]
  7. #7
    Quote Originally Posted by Jibalob
    More? maybe I mis-typed something somewhere. I normally buy in for 20BB SH (ie, $40 at 1/2) but I suppose it doesnt really matter as long as you have enough chips to cap every street.
    Oh, I see why, you feel the need to have more buy-ins in reserve than I do if you feel 33 isn't enough. Generally, it doesn't matter in LHE how many buy-ins you have since you can't get stacked in one hand. A target like 300BB or 500BB is much more practical and useful in terms of effective bankroll mgmt. Buying in at 30BB, you could be as low as 10 buy-ins for FR and be just fine.
  8. #8
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    your br is fine for 3/6.

    It used to be that 300bbs was enough, but 6max it was raised to 500, and to be honest id go higher than that, but your br is enough for 3/6 regardless.

    From what i remember, the rake at 2/4 is gross, not much better at 3/6 but at least not soooo bad. Also, i cant remember a big difference between 2/4 and 3/6, the big step was 3/6 to 5/10.

    so long as you have rakeback, i think you an beat the game well enough and make enough, but i think 1.5bbs/100 may be a little high, but meh, the games are so bad anyway but you seem to be doing fine.

    I recomend you have a go at 3/6 and if youre winning keep it up, but itll be a big step from 1/2...
  9. #9
    I've just realised how bad my maths were in this thread.. for some reason I was thinking 40 buyins at the new level instead of the current level before moving up


    Anyways, first 500 hands and I'm running at 9.03BB/100
    Wheeeeeeeeeeeeee!
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    Wait, this is .05/.10 and you got sexied, I can't believe that shit, limit must really be dying.[/quote]

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