br mgmt question?

[Chopper 0]

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.OR1) 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.

[econ_tim 0]

i withdrawal aprroximately $0 of my bankroll as incomeyou should decide how quickly you want to move up levels. if you are comfortable playing at $25NL, just withdrawal whatever exceeds your BR requirments (20 buy ins or so) and spend it. if you want to move up to $50 or $100, then holding off on spending your winnings lets you move up and start winning greater amounts sooner.edit: ok, i obviously didn't read your whole post before i wrote this. i would recommend the first option you suggest.

[kdogg 0]

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.

300BB is the norm for Limit, but wouldn't you need a larger roll for NL cuz of the increased variance? (I don't play NL cash games, so I'm not really sure about this). Also, 7,500 hands is too small a sample to know if you're beating the game or not.

[Chopper 0]

i tend to question tradition. sometimes to play "devil's advocate." i do, however, believe 10,000 hands to get an "accurate" sample is BUNK. you will see your variance come through on 5000+ hands. i just dont think it needs to be that large to "get an idea." if you want to get technical, you never know if you're beating a game no matter the number of hands because you're always on either an upswing or downswing. sorry, that was pretty philosophical.as for the number of BB's. this is just my way of judging, but i go by "buy-ins." i, again, am against tradition and play with 10-15 buy-ins instead of the standard 20-30. however, i am not afraid to step down a level if i am running bad. i saw an article on fulltilt that utilizes a strategy of winning 3 sessions in a row to move up. and losing 3 in a row and moving down. that seems to be working better for me, as long as i adhere to some kind of respectable buy-in bankroll.REMEMBER, i'm at $25 NL. i'm not playing with outstanding competition. i would become WAY MORE conservative with my "roll" at levels over $50. from what i've read, the skill doesnt improve dramatically until at least $100 NL.we'll see when i get there.

[96roadster 0]

Im in a similar situation. Im at the party $25 games, as soon as I get to 1500 im going to move up, from there I plan to take cash out my winnings to keep my bankroll at 1500. however im just going to cash it out into my neteller account, from there i can make infrequent deposits into my bank account when needed but for the most part try and save that to move up to the 100 games. I would say get to the 50 games before starting to withdraw, you just cant make enough at the 25 games to really withdraw a decent amount frequently.

[Michael Gersitz 0]

Do not go up if you do not have enough money for it. Keep cashing out if you need too, as long as you have enough money to keep on playing at your current limits.

[jayboogie 0]

i tend to question tradition. sometimes to play "devil's advocate." i do, however, believe 10,000 hands to get an "accurate" sample is BUNK. you will see your variance come through on 5000+ hands. i just dont think it needs to be that large to "get an idea." if you want to get technical, you never know if you're beating a game no matter the number of hands because you're always on either an upswing or downswing. sorry, that was pretty philosophical.as for the number of BB's. this is just my way of judging, but i go by "buy-ins." i, again, am against tradition and play with 10-15 buy-ins instead of the standard 20-30. however, i am not afraid to step down a level if i am running bad. i saw an article on fulltilt that utilizes a strategy of winning 3 sessions in a row to move up. and losing 3 in a row and moving down. that seems to be working better for me, as long as i adhere to some kind of respectable buy-in bankroll.REMEMBER, i'm at $25 NL. i'm not playing with outstanding competition. i would become WAY MORE conservative with my "roll" at levels over $50. from what i've read, the skill doesnt improve dramatically until at least $100 NL.we'll see when i get there.

That's pretty rediculous thinking. 5k hands is way too small a sample size. I know some people who play 5k hands in a day, if they beat the game on that particular day for a good amount, does that mean that they can expect that winrate to continue? I would think not.Your also wrong on low limits not needing a conservative approach. Just because the players are bad doesn't mean you don't need a bankroll to withstand losses. If you're playing against crap players, you're much more liable to huge losing sessions than playing against better players. If you're in a tough higher limit full ring game, your variance is generally much lower than against a much of donks. Your winrate would also be much lower at the same time though.