BR management

I think I'm coming to grasp just how important BR management is. At first, I just sort of took it at face value - "okay, you need to have budget of that much, but if you can afford $500 there's no reason to put that much in; you can just put in $50 or $100 and if you need to reload, go ahead" - that's what I thought.

Now, I'm not so sure anymore. I think that if you can afford $500, and you're playing at a limit where you should have $500 in, you should. I haven't really quantified in words why I've made this transition in thinking, but something that Ripp posted awhile ago seems to be the theme - managing risk.

If you're bringing all or most of your BR (not your budget) into a game, I think it probably increases your risk of losing because you're under increased stress to win so that you don't have to reload. But if you're only coming in with 1/12 or 1/25 of your BR, it enables you focus on the game and decide the smart risks to take to win money rather than being forced to take risks to try to win money.

Maybe I'm way off-base in my assessment, but I think this makes sense to me.

You are not way off base. You are right on base.

I had a conversation with Rippy last night. He made the comment that your online bankroll seems less like real money and more like "points" in a "online game" you are playing. It's not real until you have to reload out of your bank account.

You have the same seperation in live games, but with tangible chips, it's not as much. A player will value chips over numbers on a screen.

I always thought of bankroll is the amount of money needed in my online account to ensure profit w/o having to reload once. Although not terribly important to me, your BR should not be less or more than what you need. If you have too much in there, I always thought that was inefficient and could be used for something else. If you had too little then your initial estimates on your revenue and profit were incorrect. Too geeky sounding? maybe...

Anyways, to me, bankroll is important first step for me in consistantly understanding my play strategy and overall profit.

everyone has different comfort zones for their bankrolls. some people like to have 5x the max buyin for any table for ring. or 10x the entrance fee for SnGs. personally i'm fairly paranoid, so i'm more towards 10x max buyin for ring, and 20x for SnGs.

the thing you have to watch out for is when you 'graduate' to the next limit level. if you lose enough to put a dent in your bankroll, you should move down to the previous limits and win that money back.

For what it's worth,

My worst swing when playing mostly cash NLHE was at around 12x the buy-in.

My worst swing was between 6 and 7 max buy ins and it was at the $50 NLHE tables at royal vegas. Might have been between 5 and 6 but all i know is it f*&kin sucked.

Yeah, I was a worse player then. I tried a lot of stuff just to see what happened. Played suited junk, dominated offsuit cards, ran big bluffs, called down too much, etc. But my opposition sucked so much worse...

yeah my usual BR is around 1200 unless I'm trying to save to move up at which I always hit a downswing :x

But if I move money to another site to claim a bonus (usually $500) for that site I consider that my BR risk and play 1/2.

advice from someone who lost more than half his bankroll....

people say you're at less risk playing SnGs, cuz you only lose the initial buyin. well, this is also true for ring games...as long as you follow one piece of advice...

DON'T RELOAD!!!

come back the next day or you'll be sorry. don't say i didn't warn you....!

I say do reload. If you suffer a bad beat, My KK tripd on the flop lost to a chaser on a flush draw. If I didn't reload I couldn't have recouped that the few hands later when I had the same player betting into my nutz. I try to always keep at the table max.

Quote:

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Originally Posted by hypermegachi

DON'T RELOAD!!!

come back the next day or you'll be sorry. don't say i didn't warn you....!

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I disagree here.

If your not on tilt go ahead and reload. You've found a table willing to pay to chase.

If you are on tilt then go ahead and log out. But if your still in control of your game stay. Tough beats are going to happen regardless.
Having a proper bank roll is the reason you can make it though these tough beats.

fine, reloading once is usually ok if you are sure it was a bad beat. but if you want to reload another time after that, THEN it's probably a good idea to quit. because at this point you're on tilt suffering 2 bad beats, or just still suffering from the 1st one, which made you lose your reload.

http://www.ultimatebet.com/team-ub/a...=6&author=duke

Heres an article you might want to read about Table stake management.

When you're tilting, quit. Doesn't matter the game, stakes, etc. Of course it's easier said than done...

Quote:

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Originally Posted by Fnord

When you're tilting, quit. Doesn't matter the game, stakes, etc. Of course it's easier said than done...

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no, what you should do is jump to a higher limit to help you recoup your loss...{sarcasm}

yeah, i wouldn't know anything about that... :oops: