Bankroll Management

[kkirk1329]

Agreed, if my bankroll is under 15$, i will be willing to put it all on a table and test my luck and if i fail, then so what, its 15$ yea its hard for me to get money online but i find that sometimes taking risks like that can be fun, i think of it the same way i do live poker, when i go to a game i normally only bring 1-2 buy-ins, because we only play around 10-20$ buy ins.

[ashmc2]

I don't agree guys. I started out with little of nothing on the penny tables. Though most of the fags call everything and their game totally sucks, which can sometimes be counter-productive to learning. It is still needs to be treated as a place to learn proper bankroll skills. But now that I think back on it, my game really isn’t where it’s at today. I got to learn a lot of basic concepts and moves and play massive amounts of hands exceedingly cheap. I will be the first to admit that I take bankroll management to the extremes. But I personally feel if you use the 15 to 20 max buyin rule, you will have the necessary skills learned to play at that next level. (Yes, even at the penny level.)

[kkirk1329]

its not that i dont understand where ur coming from ash, i really do understand that that can be a very helpful and inexpensive way of learning the basics of poker, but i dont know something about the penny tables just makes me bored and i cant seem to really get interested and pay full attention, while if i get into a table with a decent amount of money to me, i will pay more attention and play my best poker.

Edit : lucky number 777th post.

[Boobie Lover]

What's to stop someone from utilizing proper bankroll mangement when the stakes matter to this person? That is the point I am trying to make.

[thrash1294]

I agree ash even for pennies it is important. I think JD started with A micro bankroll for selling play chips and look at the guy now

[Boobie Lover]

What does this have to do with the post I made? I'm saying that it shouldn't matter if you go busto if you can replentish easily, not a bragging post about who has won the most money starting from basically nothing.

[thrash1294]

I was thiking if you cant reload

[ashmc2]

Relax Boobie, did you not post this to get others' opinions?

We see what you are saying, we just think that if you don't over-step your bankroll (No matter how little that eggroll may be or how easily you can rebuy,) you won't have to buy back in.

If your bankroll is so small that it doesn't matter to you, then you didn't buyin for enough. It's not all about taking risks, it's about growing in your game. If you are playing above your bankroll, you are likely the fish at the stakes you are playing.

If you put your whole bankroll on the table for any reason it is wrong. IMO.

[Akverno]

Just tell that to Mike McDermott

[PShabi]

And he didn't do it by playing within a bankroll!!!

Hell, he still doesn't!!!

[thrash1294]

I have been corrected....

NH

[MathBabe]

I never looked at as 'what level do I want to play, therefore what bankroll do I need'... I started with the maximum amount of money I figured I could afford to deposit and lose, and worked backwards from that bankroll to figure out what level I could play at.

I think the point is that if I have $300 on deposit, technically the 300BB rule means I can play .50/1 limit... but only if that $300 is truly my bankroll. If I can afford to lose another $2,700, I just don't happen to have deposited it, then that's really my bankroll. If that were the case I'd feel free to play 5/10 if I felt like it.

When I had $60 at one site and $240 at another, I didn't play .01/.02 at one and .05/10 at the other... I figured my bankroll was $300 and played .50/1 at both.