Bankroll

[Pascal Martin]

Hi,

Say i have 6000 in a bank account to play poker and want to play 100nl on 2 tables , but i dont want to deposit the whole amount on a site,

instead i would deposit 800/1000 to the site and play the said 100nl and at the end end of each mounth i would withdraw the gain or etheir deposit the losses and keep going , the point of this is to use the money to help with living expenses

is it a strategy that could work ?

thank you

 

[skaterick]

its hard to get cash in and out on many online poker sites . good luck if you try your plan .

 

[TulasMoreno]

The best advice i can tell you is to have discipline and dont tilt, secondable study a lot that level that you are about to play so you can crush it, most pf the times those levels are full of sharks.

 

[bullishwwd]

Could work, but unlikely.

Better to operate poker "as a business" and not co-mingle funds with living expenses.

 

[Liedust]

study, patience, perseverance and luck... there is no other way. Good luck

 

[Station_Master]

All sounded fine until you said the point is to use the money for living expenses.

The point of a bankroll is its separate from your living expenses. If you need the money to survive then it's not part of your poker bankroll.

But yes in general, dont put all your bankroll on the site, put the rest in a savings account. I think 8 - 10 buy ins is ok to put on the site as long as you are happy to top up if you have a down swing.

Also consider the currencies, as unless your account is in USD then you will lose some each time you exchange.

 

[TeUnit]

I think its just better to wait until you are properly rolled. If you cant lose the money then it really isnt in your bankroll.

 

[Pascal Martin]

All sounded fine until you said the point is to use the money for living expenses.

The point of a bankroll is its separate from your living expenses. If you need the money to survive then it's not part of your poker bankroll.

But yes in general, dont put all your bankroll on the site, put the rest in a savings account. I think 8 - 10 buy ins is ok to put on the site as long as you are happy to top up if you have a down swing.

Also consider the currencies, as unless your account is in USD then you will lose some each time you exchange.

I meant i already have the money saved only for poker in a bank account for poker, i do not need this money to live at the moment, and wanted to use the money i earn to pay for some things instead of using my salary

 

[R.Melnyk77]

I think that this is quite a good option, provided that you will not spend the money that you will have in reserve in any case on anything else. I think yes, that's an option

 

[evthealien]

This sounds risky if that amount of money is significant to you, and it sounds like it is. I like the monthly 10 buy-in stop loss though. It's not unlikely to have a 10 buy-in downswing.

 

[R.Holynskyi]

In my opinion, this is a rather risky system, but it can give results. I think everything depends primarily on your skills and experience. If you are skilled and experienced enough, I think you can try. But, if something doesn't go according to your plan, you should have an alternative plan of action.

 

[Poker Orifice]

its hard to get cash in and out on many online poker sites . good luck if you try your plan .

It looks like OP is from canada. These days it's actually gotten very easy (& fast) to move money on & off the sites. (some sites are set up with e-transfer directly to your bank with zero fees)

 

[Poker Orifice]

Hi,

Say i have 6000 in a bank account to play poker and want to play 100nl on 2 tables , but i dont want to deposit the whole amount on a site,

instead i would deposit 800/1000 to the site and play the said 100nl and at the end end of each mounth i would withdraw the gain or etheir deposit the losses and keep going , the point of this is to use the money to help with living expenses

is it a strategy that could work ?

thank you

I can drop 8 buyins in a session. I personally like to have 20-25 buyins minimum on the site... but I suppose 10 could work as long as it doesn't affect how you play.

 

[fundiver199]

As long as your poker bankroll is truly kept separate from other money, it does not need to sit in the poker account. Most live players also dont keep their entire bankroll in a casinos safety box. However the idea of withdrawing even small wins, and then maybe have to redeposit again after a week or month, is not the best one, since there is usually going to be some kind of transaction costs, and you spend both your own and the staffs time doing it. So for me I would probably not even consider withdrawing, until I had more than 30 BIs sitting on a site as a cash game player. But its fine to only deposit 10 BIs at a time, if you are only 2-tabling.

Another question however is, are you good enough to beat 100NL? Unless you have a track record showing this, it would be best to prove yourself at lower stakes first. And if you had such a track record, I kind of suspect, you would not be asking bankroll questions, because you would know the answers already. So I would advice you to start at 10NL and only move up, when you have won at least 30-50 BIs at each limit. This is not 2005, and people playing 100NL are not complete donkeys, which you can beat after reading a few poker books. Poker money is only a bankroll, if you are a winning player. Otherwise its a budget

 

[0546474]

This may work, but you still need to take into account not only the financial side, but also the pressure of the bankroll on the emotional state of the player and, as a result, making the right decisions while playing poker!!!

 

[amonlima]

it is a very small bankroll for nl100, ideally it would be to play nl10 with this bankroll, bankroll management is very important along with your poker level, try to play where you are much better, and always study to become a better player, having constant evolution. Gl

 

[gustav197poker]

I meant i already have the money saved only for poker in a bank account for poker, i do not need this money to live at the moment, and wanted to use the money i earn to pay for some things instead of using my salary

Actually if that's the case, you can do it of course. But you must know when to stop and when to withdraw your funds to meet the objective you have set. You must also have enough experience as a player to get into a 100nl table.

 

[Colbefc]

No way is your bankroll big enough for 100NL, as someone says maybe 10NL, but of course all this
depends on if you are a winning player or not.
In any case if you have a bad run your 6000 could be gone in no time.

 

[Broz]

Having 30 buy-ins to play any limit is already aggressive management. With this management you're suggesting, I think it's half suicide.
The person has to be a phenomenon to beat the field with management like that.

 

[fundiver199]

No way is your bankroll big enough for 100NL, as someone says maybe 10NL, but of course all this depends on if you are a winning player or not. In any case if you have a bad run your 6000 could be gone in no time.

$ 6.000 is plenty of bankroll for 100NL, especially if you set some rules for, when you need to move down. Like maybe move to 50NL at $3.000 or $4.000. But as I said already, poker money is only a bankroll, if you are a winning player. And when someone ask bankroll questions, they typically dont have any track record to prove that.

 

[Poker Orifice]

$250 is good for 10nl

@Pascal Martin
Start off lower, play around. Get some hands in. Grab some experience. Soon you will know the answers to your questions.

 

[bababooey]

A lot of people don't like to keep their whole roll on one site so this could work but you may have to deposit again if the funds get low.

6k should be enough of a roll to play 100NL and if you are only 2 tabling then losing 10 buy ins in one session is very unlikely but I can guarantee you will need to deposit again at one point if you only keep 1k on a site playing 100NL

 

[Lena M]

Hi
I think this kind of bankroll management system can be effective as long as you are disciplined and never go beyond your limits and break your own rules. If you are confident and have enough willpower, then I think you can try.

 

[fundiver199]

A lot of people don't like to keep their whole roll on one site

Which makes perfect sense, if its a large bankroll. On Black Friday a lot of pro players got into financial trouble, because they had their entire bankroll sitting on Full Tilt.

6k should be enough of a roll to play 100NL and if you are only 2 tabling then losing 10 buy ins in one session is very unlikely

And even more importantly you are unlikely to be sitting with anything close to $1.000 on the tables, if you are only playing 2 tables. If you are 10-tabling, you need $1.000 even just to buy in, and then you also need money to top up, when you lose on some of the tables. So for 10-tabling 100NL you really dont want to start a session with anything less than say $2.000.

but I can guarantee you will need to deposit again at one point if you only keep 1k on a site playing 100NL

Sure but usually this takes like two minutes with a credit card, so its no big deal. Its usually far slower, more complicated and/or more expensive to withdraw rather than deposit

 

[jonaselloco]

The amount you have to deposit does not matter, but rather the experience you have in the game to overcome the levels.
My recommendation is that no matter the amount you have to deposit, you start by gaining experience in NL2 and then go up as you surpass the level.
In theory, if you had $6000 to deposit or to have as a bankroll every month, you could play NL50 because your bankroll is enough, there are 120 boxes, but it can happen that you become a fish if you do not have the experience enough, because at that level the players are generally all regular.
If you want to avoid the low levels and start banking at a higher level, I would recommend that you deposit $1000 at 2 sites and play 2 to 4 tables for example and see how it goes.
If you are a profitable player, playing NL10 per banker can make a good difference.
Very good players start from NL25 up, between NL2, NL5 and NL10 there is not much difference.
Greetings