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#1
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Money and limits
I have $700. At what table (limit) should I be playing with this bankroll?
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#2
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Re: Money and limits
live or online? what game? limit/NL?
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#3
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Re: Money and limits
Online for the most part. Limit poker.
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#4
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Re: Money and limits
1/2 limit. 300BB's is a good bankroll.
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#5
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Re: Money and limits
i'm not a limit player but that won't make any difference here.
I've programmed the calculation of the risk of going banrupt given the winrate, the std deviation of the win rate, the starting bankroll and the number of hands that will be played. As i don't play limit, the win rate/std deviation may be not so realistic. So, with a 300 PTBB starting roll, a win rate of 2 PTBB/100hands, a standard devation of 20 PTBB/100hands, you expect to play 50,000 hands. My calculations give an estimate of 2.6% for your risk of going bankrupt during these 50,000 hands (note that, if u had infinite bankroll, you woudl have 0.2% of losing money at the hand of the 50,000 hands sequence). So, yes, the 300BB starting roll is a very secure proposition. I'm gonna put my algorithm online in the next days so that people can have an idea of what they need with their own figures (meanwhile you can PM me or post it to get the results for your figures) |
#6
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Re: Money and limits
Common thought is to keep 300BBs for the limit you play. So give 1/2 a shot and move down to 0.50/1 if it's not going well.
Check out the Beginners' Forum for more stuff too. |
#7
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Re: Money and limits
Wow! I am actually at the 2/4 tables and doing quite well. The reason I was asking is b/c I was thinking of moving up to 3/6 or 5/10 but fear my $$$ cannot handle the swings at the moment.
The other reason being is that the players at lower limits are just too loose and I do better at the 2/4's but, currently these tables are becoming loose and I see players making miracle fluches and straights with hands they should otherwise throw away. |
#8
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Re: Money and limits
Hi there,
Even 2-4 is a stretch - you could do a single buy-in at 3-6 or 5-10 but on bad run and you'd be down like half your bankroll...I'm sitting at like 3K and still only play 3-6 / 4-8 or 1-2 NL. Good luck! You want people to chase their miracle runner runners but without an adequate bankroll, you can't expect a long term +EV to outlast your own short money. |
#9
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Re: Money and limits
[ QUOTE ]
Wow! I am actually at the 2/4 tables and doing quite well. The reason I was asking is b/c I was thinking of moving up to 3/6 or 5/10 but fear my $$$ cannot handle the swings at the moment. The other reason being is that the players at lower limits are just too loose and I do better at the 2/4's but, currently these tables are becoming loose and I see players making miracle fluches and straights with hands they should otherwise throw away. [/ QUOTE ] The worse your opponents are the more profitable it is for you. If you don't believe/know that, do NOT move up to 5/10 or 3/6. I'm not kidding. 2/4 is a stretch, it's easy to drop 300 in a night there, and that's nearly half your bankroll. I had 1200$ when I first moved up to 2/4, and stayed there until I had about 2500$. When I was 8-tabling 3/6 I had 600BB's in my BR, and now that I"m 4-tabling 5-10 6max, I've got 500BB's. Having a huge bankroll is a good thing. Don't rush up the limits. |
#10
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Re: Money and limits
yup, i know that. But. Somehow, someway they always make it to those miracle draws against my pairs!
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