My Simple Bankroll Management Gameplan (Tournaments)

[Bawse]

Bankroll management is extremely important, and I recommend it to everyone that plays poker. However, don't over-think bankroll management. Keep it simple, and stick to the gameplan, trust the process.

Ideally you want at least 20x your buy-in before moving up stakes. You might even want to increase that to 25x, or 50x your buy-in if you want to be really safe. Giving yourself a couple bullets at the next level before committing to moving up to the next stakes is a solid gameplan.

So, if your following the 20x buy-in rule, and you've been playing $1.10 stakes, 20x1.10 = $22. If you have $22 or less in your account you should be playing $1.10 stakes. Now with my two bullet rule. You'll need an additional $4.40 to move up to the next level, and give yourself two shots at $2.20 tournaments.

Anyways, that's how I try to approach my tourneys, and follow the same plan. Same thing applies when you have to move down stakes.
Count your buy-ins, don't break bankroll management!

 

[padrespatty]

Ideally you should have at least 200 buyins for the biggest game you enter.

 

[Bawse]

Ideally you should have at least 200 buyins for the biggest game you enter.

That's a little bit much, no? No way your going to go on a stretch where you lose 200 buy-ins in a row. If that happens, you need to study, and change how you play.

Don't steam off buy-ins when you're fuming, take breaks. Cool down for a few minutes, it can do a lot for the mind. Variance can't be that bad where you need 200 buy-ins.
You obviously need be a winning player to have success long term.

 

[padrespatty]

I'm just padding on what I've learned from paid training courses. Nobody needs 200 buyins for BR management alone. This gives you bankroll management with the addition of being g able to play optimally without financial concerns.

 

[fragles21]

For now my bankroll is very small and I hope it will change soon... that's why I don't have any plans for my bankroll right now

 

[ezock777]

Ideally you should have at least 200 buyins for the biggest game you enter.

I agree 200 seems excessive

 

[Bawse]

For now my bankroll is very small and I hope it will change soon... that's why I don't have any plans for my bankroll right now

Trust in the process. Bankroll management is still important at micro stakes.

 

[uptrendfinancialsignal]

Simple rules are always easier to obey than those complicated spreadsheet that will be even discouraging to open. I like the idea of enough buy-ins before moving up because tournaments can be very funny. Some people gain little profit and rush higher stakes immediately, that's where the problem is.