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Bank Roll Management

omg_u_callomg_u_call Member Posts: 24
edited December 2011 in Poker Chat
I have decided to put my bank roll strategy on here and hope it will help some of you.  The thing to remember is that although I play to make money it is also fun.  

As I mainly play DYM's and MTT's this seems to work for me.  I allways have 3k in my acc and that is my starting roll every Monday.  I will start the new week playing 1 £22dym and if I am lucky enough to cash I will play a few more. When I reach £3100 I will then start to play 2 tables.  This way I can now play with freedom and dont have to be scared of losing my initial bankroll.  By the end of the week I might be playing 5 tables at once but I can now also afford to play the main events.  When the week ends I will cash out everything over and above my 3k starting roll and start again.

Please note you would have to adjust the stakes relative to your roll.  The main thing is dont get greedy and be hard on yourself because without a roll you cant play well.  Start small and go up the stakes when you feel comfortable.  

I hope some of you will find this helpfull and remember play within your limits!
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  • rancidrancid Member Posts: 5,947
    edited November 2011
    What if you lose the first three DYM's, how do you adjust.
    You start by only playing with under 1% of your roll -
    So basically you use you winnings above 3000 as a springboard
    Knowing your not risking your start roll but just your winnings

    I really do relate to this )




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  • omg_u_callomg_u_call Member Posts: 24
    edited November 2011
    If u off to a bad start go down one level.....I think the thing to remember is that too many ppl build a roll leave it in the acc and then lose it over a period of time.  Much better to use your winnings for treats :-)
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  • Lambert180Lambert180 Member Posts: 12,197
    edited November 2011
    I don't get why you need to start at 3,000, you might aswell have it in your bank.

    Surely if you're gonna play a £22 game and do that, and play with your profits? Couldn't you jjust as easily do this with £1000 or less, cos you're playing with your profits only anyway, not your actual roll?

    Get some interest on that cash ;)
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  • omg_u_callomg_u_call Member Posts: 24
    edited November 2011
    With the interest rates being so good lol......it is a personal thing Y I leave that much in there.
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  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited November 2011

    Quality "Ive got a 3k bankroll" brag! ;)

    Maybe the advice will work for a very very specific type of player, but I think more traditional, tried and tested bankroll management guidelines are more apropriate for most people, especially those trying to build a bankroll.
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  • IRISHROVERIRISHROVER Member Posts: 7,606
    edited November 2011
    In Response to Bank Roll Management:
    I have decided to put my bank roll strategy on here and hope it will help some of you.  The thing to remember is that although I play to make money it is also fun.   As I mainly play DYM's and MTT's this seems to work for me.  I allways have 3k in my acc and that is my starting roll every Monday.  I will start the new week playing 1 £22dym and if I am lucky enough to cash I will play a few more. When I reach £3100 I will then start to play 2 tables.  This way I can now play with freedom and dont have to be scared of losing my initial bankroll.  By the end of the week I might be playing 5 tables at once but I can now also afford to play the main events.  When the week ends I will cash out everything over and above my 3k starting roll and start again. Please note you would have to adjust the stakes relative to your roll.  The main thing is dont get greedy and be hard on yourself because without a roll you cant play well.  Start small and go up the stakes when you feel comfortable.   I hope some of you will find this helpfull and remember play within your limits!
    Posted by omg_u_call
    Weird i cant get my head around this ,
    please expand i am sure you have good reason .
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  • Lambert180Lambert180 Member Posts: 12,197
    edited November 2011
    Also, what happpens when at the end of the week you have £2900? Do you top it up to 3k for the start of the next week?
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  • omg_u_callomg_u_call Member Posts: 24
    edited November 2011
    Sorry maybe I didnt explaint it right....I have reached a bankroll I can now play with it is not a brag.   It is a way I can can maintain a profitable return on my money every week.  I work towards a target of £700 a week but start fresh every by cashing out my winnings every monday....in hindsight maybe I shouldve put the heading as maintaining a bankroll.....sorry if there is any confusion.



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  • Lambert180Lambert180 Member Posts: 12,197
    edited November 2011
    So as I said, what happens when at the end of the week you're on £2900 or even £2500... everyone goes through phases of terrible run bad, what do you do? top back up to 3k?
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  • omg_u_callomg_u_call Member Posts: 24
    edited November 2011
    If I hit a down swing I stop for a few day....tbh havent reached that stage yet lol
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  • pod1pod1 Member Posts: 4,377
    edited November 2011
    i dont want to chuck a wet blanket over this but acording to the almighty sharkscope you played nearly 400 games and are up about 80 quid? i dont play dym and if i have to have a br of 3k and play 400 games for 80 quid i aint bothering!!!

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  • Lambert180Lambert180 Member Posts: 12,197
    edited November 2011
    You're telling me, you haven't EVER had 1 losing week?

    How long have you been playing? I'd imagine a while if you have a 3k BR. I find it VERY hard to believe that anyone who has played the game for a while could say they've never had a losing week.
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  • Lambert180Lambert180 Member Posts: 12,197
    edited November 2011
    In Response to Re: Bank Roll Management:
    i dont want to chuck a wet blanket over this but acording to the almighty sharkscope you played nearly 400 games and are up about 80 quid? i dont play dym and if i have to have a br of 3k and play 400 games for 80 quid i aint bothering!!!
    Posted by pod1
    LOL!
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  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited November 2011
    Winning a UKOPS and FT'ing another UKOPS always helps! ;)
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  • rancidrancid Member Posts: 5,947
    edited November 2011
    I don't think 3k is total BR, is it ?
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  • NColleyNColley Member Posts: 1,178
    edited November 2011

    Have no clue what your actual bankroll strategy is.

    It seems wierd to me that you will 1 table £22 dyms with £3000 and then start 2 tabling at £3100.
    Also sounds like you are really scared of dropping below £3000.

    Not sure if your a full time player or what but I'm not sure £700 is achievable if you are playing so little volume without a M.E/Roller deep run weekly.

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  • omg_u_callomg_u_call Member Posts: 24
    edited November 2011
    Maybe u want to check ur sharkscope again cause I far as I am aware I cashed out 500 on monday.....and made nearly 200 today...so not sure where u get ur stats.....
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  • Lambert180Lambert180 Member Posts: 12,197
    edited November 2011
    In Response to Re: Bank Roll Management:
    Maybe u want to check ur sharkscope again cause I far as I am aware I cashed out 500 on monday.....and made nearly 200 today...so not sure where u get ur stats.....
    Posted by omg_u_call
    Well I believe he was referring to your SharkScope for DYM games because you said you mostly play them and MTTs. And judging by what Dohhhhh said, no wonder you can withdraw big money, but that's not gonna happen every week.
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  • omg_u_callomg_u_call Member Posts: 24
    edited November 2011
    Myabe best thing to do is to do a week of playing and post results every day.....that way u can all keep track and see whether I make money or not.
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  • Lambert180Lambert180 Member Posts: 12,197
    edited November 2011
    In Response to Re: Bank Roll Management:
    Myabe best thing to do is to do a week of playing and post results every day.....that way u can all keep track and see whether I make money or not.
    Posted by omg_u_call
    No offence but there are a few flaws there...

    1) You can post results you like without it being easily verifiable.

    2) Without being nasty, I don't really care how you do over the course of a week

    3) BRM is about long term thinking and not losing your BR. I could take my BR and put it all on 1 cash table, I might double it up, but that doesnt mean it's gonna make me a winner long term. So you showing 7 days results is gonna be no representation of your long term results.
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