Sunday Major Bankroll Management?

Angmar2626

Hi guys, what kind of BRM do you think is needed for the Sunday Major?

Conventional wisdom seems to have changed a lot over the past few years from 100bi to up to 1000bi for big some MTTs. MTTs are very fun indeed to play but the theoretical swings can be mind boggling.

Wrt Sunday Major, a few factors I think worth considering:

-It's one tournament a week so a player's ABI isn't going to be affected too drastically by flicking it in (unless ABI is micros)

-It's got a decent structure - not like having your highest BI as a turbo

-Field is relatively small which should reduce swings somewhat

-Played it a couple of times and the field didn't seem THAAAAAAT tough (bang bang shots fired!) There are a lot of very good/very experienced players in it though for sure.

Main case against:

Theoretical swings involved would be brutal.

I'm a winning player but if I filter results by stake I can see that I recently had a 30BI downswing in £11s which is standard/nothing/not really a downswing. My ROI is going to be lower in the Major than in 11s and 30+BI swings at £110 level do not sound too fun..!

Cliff Notes: A fish trying to justify punting off above their ABI once a week :P

Would be interested to hear peoples' thoughts/approaches to this or to poker in general!

Thanks guys

scotty77

Go for it mate.

It's the probably softest MTT of its kind. A couple of the smaller networks have effetively the same tournie but they are full of stable players.

If it was a nightly comp then fair enough have a think about going above your BRM but I think for once a week its cool, seems you can solidly grind back the BI in your more regular games anyway.  

I haven't played with you much but I from memory I think you could expect a decent ROI in that tournie

jimb0d1

I had a 100bi rule up to £20 buyins but have been breaking the rule since and still doing OK in the bigger comps. Get yourself bought in!

Has meant that ive had to start considering the bubble more than usual but the better structures give you more time to make notes and take better decisons.

MattBates

There are lots of different thought processes with BRM. 

Few questions to ask yourself

Do you feel you can play comfortably in the tournament without being effected too much by the money?

Do you feel it would effect you significantly if you had a bad beat in it? Would a standard exit in it effect you more than it should?

Do you rely on your money from poker? If its your job then I think you need to be a lot more strict than if its a hobby. 

I know some players will use some of weekly winnings as a shot fund so you could say x% of your weekly winnings go towards buy ins for bigger games. 

EDIT

The bigger games could also include sats for bigger games.

Angmar2626

In Response to Re: Sunday Major Bankroll Management?:

Go for it mate. It's the probably softest MTT of its kind. A couple of the smaller networks have effetively the same tournie but they are full of stable players. If it was a nightly comp then fair enough have a think about going above your BRM but I think for once a week its cool, seems you can solidly grind back the BI in your more regular games anyway.   I haven't played with you much but I from memory I think you could expect a decent ROI in that tournie
Posted by scotty77

Thank you for kind words sir, will probably try firing it for a few sundays - happy to inevitably donate my bi to the Sky regs :P

Angmar2626

In Response to Re: Sunday Major Bankroll Management?:

I had a 100bi rule up to £20 buyins but have been breaking the rule since and still doing OK in the bigger comps. Get yourself bought in! Has meant that ive had to start considering the bubble more than usual but the better structures give you more time to make notes and take better decisons.
Posted by jimb0d1

Thanks for posting, will give it a go and see. Gl!

Angmar2626

In Response to Re: Sunday Major Bankroll Management?:

There are lots of different thought processes with BRM.  Few questions to ask yourself Do you feel you can play comfortably in the tournament without being effected too much by the money? Do you feel it would effect you significantly if you had a bad beat in it? Would a standard exit in it effect you more than it should? Do you rely on your money from poker? If its your job then I think you need to be a lot more strict than if its a hobby.  I know some players will use some of weekly winnings as a shot fund so you could say x% of your weekly winnings go towards buy ins for bigger games.  EDIT The bigger games could also include sats for bigger games.
Posted by MattBates

Thanks for reply. Poker is not my job so not same pressure, but still doesn't mean I want to light money on fire of course!

Been trying to work a lot on mental game, and for me tbh it's the other way round in the sense of not playing my best at lower stakes and being more engaged for bigger games. You obviously play a lot of volume at different stakes - how do you tend to motivate yourself for the lower end? Or put another way, on a Sunday if you've just bust the Major, how do you gear yourself up for some £5.5 game where first wouldn't even cover your £110 entry?

Shot taking fund could work for sure. Or other side of the coin and having a strict stop-loss

HaveaA1Day

I have been trying to play this tournament, like you say the structure, is really good, its just later on where it gets a bit tricky for me . Have you considered playing the sats?, thats what I have been doing, if I win one I play, if I dont then I dont play, gonna start adding the Summit sat into the mix give me another opportunity to play this baby.

But with you already being a winning mtt player and knowing whats up, would defo play this, I dont like all this 1000 bi bulls**t, whats wrong with having say 100bi's and just having the discpline to drop down like a cash game player would, yeh it sucks balls believe me, but once its happened for millionth time you get use to it and just do what needs to be done.