Bankroll for 20+2$ SitnGos

[slimbob]

What bankroll do I need for 20+2$ SitnGos assuming an ROI of 20%. the Risk of Ruin should be less than 1%.

[Scuba Chuck]

Bankroll Guideline:

$300-$600 (10/1 SNGs)
$600-$1000 (20/2 SNGs)
$1000-$1700 (30/3 SNGs)
$1700-$3500 (50/5 SNGs)
$3500-$7000 (100/9 SNGs)
$7000+ (200/15 SNGs)

[DonButtons]

If your playing $200 sngs on a $7000 total bankroll, I wonder how the daily swings will impact your play. I def. dont think its not enough. 2k swings are the norm both ways usually.

[stupidsucker]

[ QUOTE ]
If your playing $200 sngs on a $7000 total bankroll, I wonder how the daily swings will impact your play. I def. dont think its not enough. 2k swings are the norm both ways usually.

[/ QUOTE ]

Perhaps, but if you follow the guidelines and step down to the 100s if you fall below 7k then its a good guide to follow. BUT this assumes you are a winning player at every level, not everyone is.


Any chance we can get an FAQ stickied again?

[Ponts]

thx for the guideline.

what about 1on1 sng?

how many do I need to be winning before I step up?

/Ponts

[Phoenix1010]

I think a good guideline is to keep 20 buyins for each level, and stack them as you move up.

so:
10+1 - 220
20+2 - 220 + 440 = 660
30+3 - 660 + 660 = 1320
50+5 - 1320 + 1100 = 2420

And so on. If you have a 20 buyin downswing at any level, you can drop down to the level below to stop the bleeding and build yourself back up. I think it's a pretty safe system, although at the higher levels it's probably wise to have at least 30-40 buyins stacked on top.

-Phoenix

[yeau2]

I assume your talking about the PokerStars Heads Ups? I'd say play 300-500 at each level on the way up (if your winning) as a general rule. Heads Up is much more of a confidence game. Although everyone around here talks about 500-1000 sngs, your playing heads ups at nearly twice the rate probably but you'll be a good judge in just 400 or so whether emotionally you'll be able to handle them or not.

[pooh74]

[ QUOTE ]
thx for the guideline.

what about 1on1 sng?

how many do I need to be winning before I step up?

/Ponts

[/ QUOTE ]

Play those for practice...not if you want to make money (IMO)

[yeau2]

[ QUOTE ]
[ QUOTE ]
thx for the guideline.

what about 1on1 sng?

how many do I need to be winning before I step up?

/Ponts

[/ QUOTE ]

Play those for practice...not if you want to make money (IMO)

[/ QUOTE ]

Why do you say that?

[Scuba Chuck]

Bankroll guidelines for newer poker players (specific to Sit and Gos)

Bankroll guidelines are infrequently discussed, but is probably one of the most important comprehensions of a new poker player. Failure to follow bankroll guidelines is akin to walking a tightrope without a safety net. Generally speaking in the early stages of your SNG career, your bankroll is what determines your level of play. Don't play above your level of expertise as you 'learn' the ropes. At some stage you'll begin to build a foundation, or in poker terms, a bankroll. If you're coming here with a $2,000 bankroll to learn how to play. I recommend you allocate not more than $500 and then observe the the recommended guidelines to follow.

For some their bankroll is used just for poker. That is, there are few withdrawals. As the bankroll grows, it allows you to move up to higher and higher buyins. What is occuring here is that your skills are moving with your bankroll. Beware that your bankroll might be rising due to luck vs. skill. Therefore, it's important to always follow the bottom side of the bankroll guideline. Per my bankroll guidelines given below, if you grow your bankroll to $1,000, and have moved up to playing higher limits, you should be aware that once you fall below $600 you MUST move back to the $11s or lower. Otherwise, risk of ruin comes into play. Following bankroll guidelines assumes that you prefer not to add any additional outside moneys into your poker 'piggy bank.' If that is not a concern to you, then don't worry about bankroll guidelines.

For others, poker is an income. Their bankroll is the amount of money left after withdrawals. You'll find some posters here using their poker winnings for income. It's highly probable these individuals have played thousands (if not tens of thousands) of SNGs at just one level, like the $33s or $22s. Due to the amount of withdrawals they make each month, it is very difficult for their bankroll to rise significantly, which limits their ability to tackle higher limits. Furthermore, and perhaps just as important, moving up to higher buyins does have other potential ROI effects and greater variance. Consistent income and low variance is more comforting to these players. Thus their bankroll guidelines are different than those using it purely as a poker tool to gain experience.

Scuba

Bankroll Guideline:

$300-$600 (10/1 SNGs)
$600-$1000 (20/2 SNGs)
$1000-$1700 (30/3 SNGs)
$1700-$3500 (50/5 SNGs)
$3500-$7000 (100/9 SNGs)
$7000+ (200/15 SNGs)

[Scuba Chuck]

[ QUOTE ]
thx for the guideline.

what about 1on1 sng?

how many do I need to be winning before I step up?

/Ponts


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Play those for practice...not if you want to make money (IMO)


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Why do you say that?

[/ QUOTE ]

I think Pooh assumes that you're not really going to move up to higher buyins in Heads Up play. That's not my opinion. If you can learn to 4 table the $105s for a 20% ROI, then that's a darn profitable proposition (greater than $84/hr). I've never done it, nor have I read anything on expected ROI from HU play. Thus, my thoughts are just thoery at this point.

Scuba

[yeau2]

4 tabling Heads Up's I think is borderline impossible to keep that good of a rate...you have to have more of a feel for players, IMO.

I've watched Elky (again in my opinion one of the best pstars Heads Up players) multi table the 1000 heads up, but he'll very rarely get 3 going at once, let alone 4.
BUT your playing twice the sit n goes in the time of one STT...BUT the variance is gonna be higher because its heads up...

Yea, maybe playing these religiously isnt the best idea.

[Scuba Chuck]

[ QUOTE ]
4 tabling Heads Up's I think is borderline impossible to keep that good of a rate...you have to have more of a feel for players, IMO.


[/ QUOTE ]

I agree. I am trying to two table the $20s right now (first day, yesterday, 50% ITM, so -2.5% ROI). I am giving away cheap chips early to see how they play, and then cataloging that as I move up into the higher blinds. Don't know if that works in the long run, but it's a theory right now.

[yeau2]

Eh, its a possibility but I think at the low levels (50, 20, 10) its probably a losing strategy. Very rare you will encounter the same players too much...just chip chip chip away until they're dead broke. Win a little at a time, dont give anything away, grind it out, yada yada yada