View Single Post
  #10  
Old 11-09-2004, 12:37 PM
Paul2432 Paul2432 is offline
Senior Member
 
Join Date: Jun 2003
Location: Bryn Mawr, PA USA
Posts: 374
Default Re: Some S+G questions, $200\'s on up and ROI\'s (Pokerstars)

[ QUOTE ]
1 year later without a single cash out yet, playing 2-3 a day or so

[/ QUOTE ]

I can't believe how negative people are in this thread. OSF has played a year, probably close to 1000 tournaments, and everyone says he has moved up too fast. How long are you supposed to take to move up? Ten years?

I think part of the problem is people have misread what he is doing. It sounds like he has his regular bankroll which is solid for whatever level he is at. He then sets aside 10 buy-ins from his profits for taking a shot at the next higher level. If he loses the 10 buy-ins at the next higher level he drops back down. His regular bankroll is never in jeopardy. So far he has not had to drop back down. IMO, 10 buy-ins is more than enough for taking a shot at moving up.

What a lot of people don't realize is that if you are willing to move down, that effectively double or even triples the number of buy-ins in your bankroll. In other words a player with $2180 has 20 buy-ins at the $100, but if he moves down when he hits $1100 and then again at $660, $440, $220 and then plays until he goes broke he actually has 54 buy-ins.

If you can beat a higher level (and that is obviously a big if), by not aggressively moving up you will in the long run cost yourself a lot of money. Once you are settled in at the level you want to stay at, that is the time establish a 30+ buy-in bankroll.

Paul
Reply With Quote