Tuesday, January 5, 2010

Stakes and Bankroll Management

My thoughts on picking the right stakes.

Play at a level where getting stacked will sting just a little. Otherwise, you're effectively playing a video game.

But never play at a level where getting stacked hurts. Apart from it affecting your decision making there's also the lingering pain that continues away from the table into your personal life.

As for bankroll management, I've come to the conclusion that for the most part it's a complete waste of time. Unless you're a professional or unless you absolutely cannot under any circumstances reload, you should play the level you can achieve the best hourly rate. If you need to reload, big deal?

I see a lot of people deposit $20 then grind the penny stakes for months trying to build a bankroll? Why? To brag to friends that you built a paltry 20 bucks into a monster bankroll? I should know, I did the same... then looking bank realized what a waste of time it is. In hindsight, the process I'd follow would be:
- play a little 5NL to get used to the game and interface
- make a decent deposit (to get the deposit bonus) then grind 25NL
- build my BR then move to 50, 100NL etc.




FG

2 comments:

FkCoolers said...

re: BR Management

I agree with you totally. If I can re-deposit and factor that into my real world budget I'm not going to grind micro stakes.

I know my cash game skill set takes me about as high as an average 5/10 NL table and my MTT skill set takes me about as a high as a $55 buy-in.

That's not to say I'll sit down at 5/10 with my only $600.

But I'll happily play 1/2 with 5 buy-ins or .5/1 with 10 buy-ins and never be worried.

Forrest Gump said...

Is that 5/10 online or in the casino? 5/10 online is a very, very different beast and in all honesty i think i'd be the spot at most tables.

 
Site Meter