Bankroll Management

[pocktdeuces 0]

I just recently took down 3rd in a $50 tourney for a cash of 1300. i had been advised to play within my bankroll, and was told that 20 buy-ins was about what i needed. so i started with 60 and grinded my way up to 1000 before moving up to .25/.50 nl. i had gotten up to like 1500 and then dropped back down to 1200 just yesterday. then today i cash for 1300 bringing my roll up to 2500. so my question is this. do i now move up to .50/1.00 nl since i have the roll for it...or do i stick it out in .25/.50 nl until i have made a grand there. someone once said to me that i shouldnt skip levels...cause each one plays differently and you will learn a lot from each level.anyone have any advice on how to proceed from here? thanks,Jesse

[Zach6668 513]

It really depends on your ability.If you are confident, and have proven, that you can beat a level, then you should be ok to move up. I wouldn't recommend playing really high just because you have a lot of money, if you know what I mean. Those are the ones that end up being the fish in those games.Think about the big game, for example. There is sometimes a rich tycoon type who sits down, and all the pro's clean him out, otherwise they would just be passive the money amongst themselves, and ultimately to the casino in the form of rake.Anyways, my point is, only move up when you are comfortably beating the current level.- Zach

[pocktdeuces 0]

wow. really appreciate the response. thats exactly what i needed to hear. because i feel that i am very ready to move up skill wise. and i am beating the game consistently. i had a very bad run one day, and played on tilt a bit. only the second time thats really happened to me since playing online. not a good feeling though. other than that one day though...i feel like i am very ready for $1nl.thanks again for the speedy response,Jesse

[bobbywithani 0]

I don't play NL so I do not know if it would be as effective but if you are unsure what someone said here at some point or another if you multitable, just play one table of the higher limit and then play the rest of the limit you are used to. I do this when I move up in limits and has always worked well for me.

[pocktdeuces 0]

never really thought of that. i think it might be hard to multi table two different levels...cause i might not take one as seriously...thats just me thoughJesse

[bobbywithani 0]

never really thought of that. i think it might be hard to multi table two different levels...cause i might not take one as seriously...thats just me thoughJesse

I can understand that. I mean do you multi-table in general? If you do then perhaps you can just try to single table it for awhile at your new limit to figure out if you think you are ready to play there or not.

[Zach6668 513]

Yeah, I don't play NL either, so don't take my word for it.I would say with a game like NL, where getting stacked is a regular occurrence, and playing with better players can cause you to basically go broke if you are too stubborn to move down, that you should be VERY sure of your ability. I'm talking like 10s of thousands of hands in your PT database.Just keep it in mind.Best of luck.- Zach

[iggymcfly 0]

Yeah, I don't play NL either, so don't take my word for it.I would say with a game like NL, where getting stacked is a regular occurrence, and playing with better players can cause you to basically go broke if you are too stubborn to move down, that you should be VERY sure of your ability. I'm talking like 10s of thousands of hands in your PT database.Just keep it in mind.Best of luck.- Zach

That sounds like overkill to me. If you're relatively sure, I'd say go ahead and move up, but give yourself a threshhold where you move back down. For instance, let's say you have 30 buy-ins right now. Well, just tell yourself that if you lose 15 buy-ins, you're going to move back down.

[Zach6668 513]

That sounds like overkill to me. If you're relatively sure, I'd say go ahead and move up, but give yourself a threshhold where you move back down. For instance, let's say you have 30 buy-ins right now. Well, just tell yourself that if you lose 15 buy-ins, you're going to move back down.

Like I said, if you are too stubborn to move down.I'm sure it is pretty conservative though, just make sure you're comfortable. There's nothing like scared money.

[CobaltBlue 662]

never really thought of that. i think it might be hard to multi table two different levels...cause i might not take one as seriously...thats just me thoughJesse

It's seriously good practice to play multiple levels. It forces you to concentrate on the game of poker and your table read as opposed to the specific amount of money involved. I'll play two .50/1 NL tables while also playing 2/4 and 3/6. Granted, I probably do concentrate on the bigger ones more. That said, it's an added concentration as opposed to "detracting" from the lower levels.

[srblan 0]

The fact that you played on tilt the day that you had a bad run is a little bit of a red flag as far as moving up immediately. You have to be able to leave money on the table if you feel yourself tilting, because a bad day where you get stubborn and keep buying in can break you.

[Abbaddabba 0]

Tilt is too often an excuse.People naturally want to attribute their failings to something external and controllable, and their success to something internal (skill). When you define shitty play as "tilt" it suddenly becomes something that isnt a part of what you may expect from the future. It becomes a game of attributing persistent losses to tilt (and for the superstitious, bad beats/it's rigged/etc), and wins to your own skill. It doesnt work that way. Im not saying you're a losing player, and this isnt directed at you specifically. It's just sort of a rant. Just saying - dont dismiss a really bad day as being attributable to tilt. It's probably just part of the downswing that is bound to go along with all of the upswings that you'll as soon attribute to your own skill. You probably were "angry" at the time because you were losing, for the most part - and only a little bit of the other way around. When i have a terrible session, im pissed off. But when i look over the hands, i havent played the hands any differently than i otherwise would, save for possibly tightening up in early position to give me time to sulk.And of course, there are people who genuinely make huge errors intentionally because they're angry again and again. But i think it's the former far more often.Plus - unless you have good reason to believe that you'll start tilting less than you did in the past (ie: taken anger management classes), it's no less of a factor than it was before and it is a part of how you play.

[WhiteSpade 0]

I had a very similar situation to you. I used to play 4 to 6 tables of 25NL on party but then had two half decent cashes in MTTs and came to find a roll around 3500. I dediced to check out 100 NL as that's what my roll could afford. I found it very profitable and I soon realized that that's the level I should be playing at. I would not discourage attempting to play 100NL, but you will certainly have to control your tilt. When somebody sucks out for a full buy in on you, its going to cost 4 times what it would before. If you try it, I caution you not to play scared. You'll see a lot more reraising but the level of play is still very weak for the most part.

[kidpoker1218 0]

it all depends on if your comfortbale with moving up.

[SunDrop 0]

I play .50/1 with only a couple buy ins because I can kill that game. If I lose it all oh well.

[Actuary 3]

I play .50/1 with only a couple buy ins because I can kill that game. If I lose it all oh well.

huh?this makes no sense.so you don't have a bankroll, you just have spending money.that's fineit's just completely in-applicable to the thread.about as useful as my post.