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Old 10-02-2005, 04:27 PM
TStoneMBD TStoneMBD is offline
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Join Date: Jul 2004
Location: Rome, NY
Posts: 268
Default Re: Schneids Post on Taking Shots

my personal opinion on bankroll management is that you should only gamble with money you can afford to lose. i dont like putting certain numbers into play here like 300BB or 500BB or 1000BB because they arent applicable to all situations.

if you want your risk of ruin to be close to 0, then its probably good to keep 700BBs for your current level and take a shot with anything of excess at higher levels. if you lose the excess your risk of ruin is still close to 0. just make sure that when you lose that money that you dont lose your head.
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