Bankroll Management for NL

[m1l]

I'm really bad at bankroll management, I think I'm more a gambler than a player but I wonder if anyone had any good strategies to get me out of this mindset!
________
GERMANY / AUSTRIA COOKING (http://www.cooking-chef.com/germany-austria/)

[Nima]

Well, the main strategy should be don't play a game if you dont have the bakroll for it.

Usually for a limit game you want to have 500 times the small bet as your bankroll. If you play shorthanded - I Think - you should double that

[m1l]

Ok, that's were I'm going wrong, if I have $2,000 dollars I'll go in the $10/$20 table.

My bankroll management is similar to your first sentence, I play with money I can easily afford to lose, so the thousands of dollar bets are built up from smaller amounts.
________
Cold Case Forums (http://www.tv-gossip.com/cold-case/)

[MJPerry]

Since it's in the NL forum I'll assume this is a NL question.

A good guide IMO is this for NL games. For shorthanded play add about 5 more buyins on:

Cash
NL10 - $250~
NL25 - $750
NL50 - $1500
NL100 - $3000
NL200 - $6000

etc.

For SnGs I would say 75 buy ins is sufficient to suffer the swings and for turbos at least 200. They are variance personified. For MTTs you want around 150 buy-ins.

This obviously depends on your game. If you play a very loose and aggressive game you're going to get bigger variance. Adjust to your own style but absolutely never play NL cash with less than 20-25 buy-ins; it's suicide.

[Steve-O]

The general rule of thumb is outlined by MJ above. However, if you're willing to move up and down in limits quite liberally you can play much shorter. For instance if I had $1,000 I would typically play $25/$50 NL games. BUT, I would definetly sit in a juicy $100 or $200 game from time to time. The trick is to be able to drop down in limits if you lose $200.

At this point you would have $800 left which is still fine for $25 games, you simply have to abstain from the $50 and higher games until you recoup your losses.

This is a good way to build your bankroll since 2 good sessions at NL200 would double your roll

[davidab157]

I think it depends alot on how you react to swings. While the 30 buyin rule is great on paper, some people are so immune to swings and it hardly alters their play, meaning they can take shots with 12-15 buyins. Obviously these people know when to move down if things go wrong.

On the flip side some people tilt so bad that it may be worthwile having more.