Managing/building My Bankroll

[Nashtak 0]

This is the first time i take the time to write something like this. After spending hours playing the lowest of micro stakes, i thought it was about time i came up with some sort of rules and objectives. This is what i came up with. It's fairly loose, but it's only for the micro-stakes so the risk is minimal.Bankroll ManagementFor the micro stakes, here are a set of rules that i must follow to ensure i do not go broke. 1. I will not buy in with more than 10% of my bankroll on a single table2. I will not buy in with more than 16,6% of my bankroll on multible tables.3. I will not have more than 20% of my bankroll on a single table.4. I will not have more than 25% of my bankroll on multiple tables.I do not multitables that much really. When i do, it's never more than 4 tables.Buy-ins For the micro stakes, i will buy in for between 60 to 100 orbits, depending of the stakes.1. I will buy in for 100 orbits* at the 0,01 / 0,02 tables.2. I will buy in for 75 orbits at the 0,02 / 0,05 tables.3. I will buy in for 75 orbits at the 0,05 / 0,10 tables.4. I will buy in for 60 orbits at the 0,10 / 0,25 tables.I'm kind of not to certain about these numbers. I figured that the players don't really care about the blinds or pot odds, they care only about their hand and how much it will cost them really. Therefor, playing deep-stacked on the lowest level, seeing a lot of flop and stack off when i hit big seems like the way to go. * May buy-in for less orbits if it goes against the 1st rule of bankroll managementFloors and Cellings1.0,01 / 0,02 [Floor: $0 Celling: $58]2.0,02 / 0,05 [Floor: $52,50 Celling: $135]3.0,05 / 0,10 [Floor: $112,50 Celling: $273]4.0,10 / 0,25 [Floor: $210 Celling: $487.50] I came up with the celling by using the floor of the next level and adding a few buy-ins. This way, i give myself some slack once i move up. I added more buy-ins to the higher levels to ''tighten'' up my BR. The smaller is my BR, the more i can afford to risk it.The floor is simply how much i would buy-in for, times 10. If my BR is lower than the floor, that means i will need to invest more than 10% of my BR to buy-in.What do you think?

[govikes 0]

is your period button broken?

[Nashtak 0]

is your period button broken?

I really don't see what you are talking about. Ain't bad at all really. Are you the kind of guy who would request different hotel room if there is no chocolate waiting on your pillow?

[Danege 1]

What do you think?

Personally I dont get the whole "16% of my roll on a table". I like having a lot of money on a table because I cover everyone, even after they win a few pots.As for your moving up levels, just move up when you have 20 buy-ins for the new level, and move down if you go below 20 buyins for the previous level.Simple really.

[Solar 0]

Bankroll management does not mean you have to play at the maximum stake you are rolled for. I'm almost rolled for 100nl and am currently playing 25nl because...<----------

Personally I dont get the whole "16% of my roll on a table". I like having a lot of money on a table because I cover everyone, even after they win a few pots.As for your moving up levels, just move up when you have 20 buy-ins for the new level and you feel confident that you can beat the current level easily and you are happy playing for the larger amount of money at the next level , and move down if you go below 20 buyins for the current level or if you aren't feeling your best or have been running/playing bad recently .Simple really.

FYP

[TheDonk1989 0]

I really don't see what you are talking about. Ain't bad at all really. Are you the kind of guy who would request different hotel room if there is no chocolate waiting on your pillow?

Lmao!Why not have strict bankroll management? I use something like this except buy in for no more than 5% and cannot have more than 10% on the table. You could lose a lot of money if you bring even 5% of your bankroll into play. I've made $50 to $370 so far with that bankroll management. It's going pretty slow but I don't have to worry about going broke.

[Nashtak 0]

Lmao!Why not have strict bankroll management? I use something like this except buy in for no more than 5% and cannot have more than 10% on the table. You could lose a lot of money if you bring even 5% of your bankroll into play. I've made $50 to $370 so far with that bankroll management. It's going pretty slow but I don't have to worry about going broke.

Going broke wouldn't be so bad. My BR is not big enough for me to even worry about tighting it up yet, imo.

[TheDonk1989 0]

Going broke wouldn't be so bad. My BR is not big enough for me to even worry about tighting it up yet, imo.

You don't need bankroll management if you don't care to go broke

[RISEorFall 0]

i dont really agree with leaving once you have x% of your roll on the table.CHris Ferguson suggests you leave a table once you had 8-15% of your roll on it. i dont agree. if you bought in for ~5% and are up to 8-15%, then obviously you're running/playing well at a good table where you rate to keep making money. you're not losing anything extra if you do end up going broke on the table, because you were risking an appropriate amount in the first place. why would you want to leave a game where you're up 2-3x your buy in unless game conditions have changed like the fish are gone or you're getting tired? then again, i dont agree with a lot of Ferguson's theories about BR management, preflop strategy, etc. but he's made way more $$ than i have playing the game, so, what do i know. as for your BR and buy ins, it really depends player to player. i really dont mind having 50% or more of my BR on several tables at once, as long as im not being distracted by TV or something. I sit with 50BB on a limit table (my main game) and have had my entire BR on tables at one time. But they were all good tables that I could beat even playing that many at once. Not everyone is comfortable with that. I'm not comfortable playing like 10 tables at once, some people are. i wouldn't sit with more than 10% on a table (im assuming NL) but closer to 5%. that's the standard 20 BI. even at micro limits this is important. if you don't really care about going broke, then why try sticking to strict BR rules in the first place?

[Nashtak 0]

i dont really agree with leaving once you have x% of your roll on the table.CHris Ferguson suggests you leave a table once you had 8-15% of your roll on it. i dont agree. if you bought in for ~5% and are up to 8-15%, then obviously you're running/playing well at a good table where you rate to keep making money. you're not losing anything extra if you do end up going broke on the table, because you were risking an appropriate amount in the first place. why would you want to leave a game where you're up 2-3x your buy in unless game conditions have changed like the fish are gone or you're getting tired? then again, i dont agree with a lot of Ferguson's theories about BR management, preflop strategy, etc. but he's made way more $$ than i have playing the game, so, what do i know. as for your BR and buy ins, it really depends player to player. i really dont mind having 50% or more of my BR on several tables at once, as long as im not being distracted by TV or something. I sit with 50BB on a limit table (my main game) and have had my entire BR on tables at one time. But they were all good tables that I could beat even playing that many at once. Not everyone is comfortable with that. I'm not comfortable playing like 10 tables at once, some people are. i wouldn't sit with more than 10% on a table (im assuming NL) but closer to 5%. that's the standard 20 BI. even at micro limits this is important. if you don't really care about going broke, then why try sticking to strict BR rules in the first place?

Thanks for the advice.