Bankroll Requirements for NL
Hey guys. I was going to put this in the NL forum but it really isn't a "strategy" question per se.
I used to play a lot of limit poker but have started playing NL cash games online. So my question is more about bankroll requirements for NL.
I know that an adequate bankroll for limit games (depending on your style) is about 350 to 500BB which I do have.
For NL, I know things are a little different as an adequate bankroll is measured more in terms of buy-ins. I remember Chris Ferguson saying to only risk 5% of your bankroll at any given time....is this too conservative or just about right?
Also I have another stupid question. When people are refering that they play 20NL or 50NL games online, I'm assuming that this means it is the maximum buy-in allowed for those tables? Stupid question I know...
I used to play a lot of limit poker but have started playing NL cash games online. So my question is more about bankroll requirements for NL.
I know that an adequate bankroll for limit games (depending on your style) is about 350 to 500BB which I do have.
For NL, I know things are a little different as an adequate bankroll is measured more in terms of buy-ins. I remember Chris Ferguson saying to only risk 5% of your bankroll at any given time....is this too conservative or just about right?
Also I have another stupid question. When people are refering that they play 20NL or 50NL games online, I'm assuming that this means it is the maximum buy-in allowed for those tables? Stupid question I know...
Comments
and yes, 20NL or 50NL refers to the max buy-in in a cash game.
For $10NL you need at least $100.
This is 10 BI and if you are playing conservatively and spotting good spots to bet for value your risk of ruin is minimal.
$25NL you need $500.
This is 20BI and gives you a little more cushion for the higher variance expected.
$50NL you should have about $1250.
25BI and you will need the cushion. IMO
$100NL $3000.
30BI more cushion.
To properly answer this question you need to know your win rate and standard deviation.
Then you need to know your tolerance for risk of ruin.