Bankroll Management

[kpreston]

Last year when I was playing online poker, I started with a BR of $50, and made it up to $400. I started playing above my stakes, and ended up losing everything by $8.00. This year, I'm trying again, and I'd like to pay more attention to maintaining a bankroll, rather than building one as quickly as possible.

I've read a few different articles on the subject, but there seems to be some conflicting/different "standards," and there are some points need some clarification on. Some articles say 20x-30x the buy-in. Some say anywhere from 300BBs to 2000BBs.

What rules do you follow when managing your money? When articles say 20x buy-ins, is it the max buy-in for those stakes, the minimum buy-in, or whatever you regularly buy in for?

I rarely buy in for the max, but should I still wait until I have 20x the max before I move up to a higher stake?

[pankfish]

Last year when I was playing online poker, I started with a BR of $50, and made it up to $400. I started playing above my stakes, and ended up losing everything by $8.00. This year, I'm trying again, and I'd like to pay more attention to maintaining a bankroll, rather than building one as quickly as possible.

I've read a few different articles on the subject, but there seems to be some conflicting/different "standards," and there are some points need some clarification on. Some articles say 20x-30x the buy-in. Some say anywhere from 300BBs to 2000BBs.

What rules do you follow when managing your money? When articles say 20x buy-ins, is it the max buy-in for those stakes, the minimum buy-in, or whatever you regularly buy in for?

I rarely buy in for the max, but should I still wait until I have 20x the max before I move up to a higher stake?

A standard buy in is 100 big blinds. When you see BBs mentioned it is referring to limit poker.

[kpreston]

Last year when I was playing online poker, I started with a BR of $50, and made it up to $400. I started playing above my stakes, and ended up losing everything by $8.00. This year, I'm trying again, and I'd like to pay more attention to maintaining a bankroll, rather than building one as quickly as possible.

I've read a few different articles on the subject, but there seems to be some conflicting/different "standards," and there are some points need some clarification on. Some articles say 20x-30x the buy-in. Some say anywhere from 300BBs to 2000BBs.

What rules do you follow when managing your money? When articles say 20x buy-ins, is it the max buy-in for those stakes, the minimum buy-in, or whatever you regularly buy in for?

I rarely buy in for the max, but should I still wait until I have 20x the max before I move up to a higher stake?

A standard buy in is 100 big blinds. When you see BBs mentioned it is referring to limit poker.

I should have mentioned I only play NL games. :-/

[JinxT4]

When articles/posters refer to the "buy-in", they mean a full/max buy-in (which is what most regularly buy in for). 20-30x full buy-ins seems to be the standard recommendation. For example, if you were playing .50 $1 blinds (aka 100NL), it would be recommended to have anywhere from $2000 to $3000. When you have 20-30x the max for the stakes you want to move up to, then you go for it. So in the previous example, you'd probably move up to $1 $2 blinds (aka $200NL) between $4000 and $6000.

Some people prefer to have more buy-ins, and others are fine with less. If 20x works for you, go with that. If you prefer 30x (or higher), that's fine too. It's all about what you're comfortable with.

A good thread for you to read:
http://www.flopturnriver.com/phpBB2/...ers-t4971.html

Also some other good threads (non-bankroll related):
http://www.flopturnriver.com/phpBB2/...ul-t36037.html

[kpreston]

When articles/posters refer to the "buy-in", they mean a full/max buy-in

Thank you. That is exactly what I was trying to get clarified.

Edit: Good god! That means I need to turn this $8.00 into $500.00 just to move up to .10/.25 ($25NL). That's gonna test my willpower...

[spoonitnow]

When articles/posters refer to the "buy-in", they mean a full/max buy-in

Thank you. That is exactly what I was trying to get clarified.

Edit: Good god! That means I need to turn this $8.00 into $500.00 just to move up to .10/.25 ($25NL). That's gonna test my willpower...

I've done it, and I'm not the only one.