While I never stick 100% to the general accepted BR management requirements -
- Never buyin at a table with more than 5% of your bankroll (20 buyins)
- Never buyin to a tourney with more than 2% of your bankroll (50 buyins)
- Never reload online (that’s an agreement with my wife and myself)
- I am trying to temper myself though and not move up too fast. After that last 10 buyin downswing, I really want to be careful. I don’t want to have to go back down to .01/.02 if I can help it, and I like playing the 100BB buyin game much better than buying in short. It’s less robotic.
Ok, I’m obsessing again about my bankroll. My big issue right now is whether to treat my online bankroll as a single roll or as 2 separate rolls since it’s split between two sites. I never really see people write about it, so I don’t have anything else to go on but my gut. Why am I obsessing? Because, as always, I’d like to move up. I’d like to move up for a couple reasons:
- Get to a level where I can actually earn enough to pay myself a ’salary’
- Get to a level where I can afford some of the larger buyin tourneys
- Improve my game by playing against better players
- Prove to myself I can win at a tougher game
- Get to a level where the rake isn’t as brutal in relationship to the pot.
- Get to a level where the amount of buyins between levels evens out.
Everyone fantasizes about playing in the big games and having a million dollar payday, me included. I’d like to be able to give myself that opportunity, so yeah, I want to move up. The problem is, starting at the absolute lowest levels requires the absolute most wins before moving up, and the rake is at its most brutal, so it takes even longer to move up than it would at some of the higher levels. The jumps for bankroll requirements between 2NL, 5NL and 10NL are the biggest between any levels.
Below is a simple table that shows the relationship between the buyins that I would need to earn in order to move up. At .01/.02 (2NL), you would reasonably need $40 to play at that level (although realistically, since it’s the lowest level, you’d play it if you had any money at all). In order to follow the 5% rule, you’d have to win 100 buyins to have the bankroll to move up to 10NL with $200. Notice as you move up, it requires one to win fewer buyins to move up (at least until the 500NL (2/5) game. At that point, you’d probably want a little extra cushion anyway.
| Max Buyin |
20 Buyins |
Move Up |
| 2 |
40 |
100 |
| 10 |
200 |
50 <- You are here |
| 25 |
500 |
40 |
| 50 |
1000 |
40 |
| 100 |
2000 |
40 |
| 200 |
4000 |
50 |
| 500 |
10000 |
40 |
| 1000 |
20000 |
|
I have $126 on Stars and $278 on UB. So, I have 27.5 buyins on UB for 10NL and 25 on Stars for 5NL. I should have a fairly low chance of going broke on either, as long as I treat them that way. I could also look at it as 16 buyins for 25NL between the two sites. It means I’d only need to win 10 more buyins at 10NL to bump up. 4 buyins at 25NL to make me official. I could also just buyin slightly short at $20 and have 20 buyins with my $400. If I go that route, I’m looking at six 20’s on Stars and just under 14 on UB. It’s not a lot of cushion if things go bad, and I do like having money on both sites. If money was easy to move around, I’d move it all to one site and just be done with it, but it’s not that easy to move it these days, and I like both sites. I prefer Stars for tournies and UB for cash games.
I could also buyin shorter at $15 and wait until I get my UB roll over $300. 60BBs is a weird stack size though. If I have AK in middle position, raise to 3.5BB, get 2 callers, then I have a stack to pot ratio of 5.5 on the flop. According to Ed Miller, Matt Flynn, and Sunny Mehta, if I’m committed, which I should be at that point, then I have to expect we’re getting all in if I bet. I miss 75% of the time with AK, so, when I c-bet that flop and I missed, I’m in big trouble If I’m called, I have to check fold. If I get raised, I probably have to fold. My stack isn’t big enough to checkraise someone out of that pot, either. I think I’m better off buying in for $10, and a stack of 40BB, easier to commit with. Of course, if I’m buying in that short, I might as well play 10NL.
My last option? Pretend that I’m starting from scratch at 20 buyins for 10NL and $200 on UB and take a shot with the $75 that’s left, and treat THAT as another bankroll, throw caution to the wind, and leave $200 as my artificial floor, and not cry if I blow those 3 buyins? After being so excited the past week about getting up about 10 buyins, blowing them all on a run doesn’t sound that appealing, but it does make me think of a recent Card Player magazine article by Daniel Negraneau about personality types, risk, and long term poker careers and results. I think I can probably win at 25NL, but all it takes is a couple of rough hands – KK vs. AA, cracked AA, or having a set lose to a flush on the river, and all that money is gone. At the same time, I could go on a run, be up 5 buyins, and then it would be a non-issue, and I could laugh at myself for being such a BR nit.
I can’t decide what to do. Should I take a small shot and create an artificial floor of x dollars – drop past x and drop down? Should I just plod along trying to win another 22.5 buyins on UB at 10NL? My confidence was shaken by that big downswing, yet it has been bolstered recently by a great run. I know poker is a long run game, and if I’m good enough, I’ll get there eventually. I’m trying to be patient, but when you play 8-10 hours a week at most, getting in maybe 2000 hands, the numbers aren’t pretty. I know I need to be flexible enough so I don’t go broke. I’m not so stubborn that I can’t drop down after a long losing run, but I’d hate to erase all the hard work I’ve put in, too. I guess going from $10 free bucks on UB to $278 makes it seem like it’s been forever since I moved up and made any headway. I did all that and I’m basically only half way to being fully rolled for $25NL.
So I guess I have no idea what I’m going to do. These in between bankroll points are brutal. I had the same issue when I was at about $100 and wanted to move up to 10NL from 2NL. Too much money for the lower level, not enough for the next level. Sorry for rambling.