Bankroll for NL Holdem Cash Games
Here is the question guys. With limit poker, you can always figure out your bankroll size relative to the size of the big bet in the game your playing.
Example: You should have at least around 300x the big bet in a game that you are playing just so you can take the swings that come with poker.
However with NL cash games this is different since there really is no big bet. So how do you figure out the size of your bankroll now? This is the question I am asking, feel free too respond... thank you.
Example: You should have at least around 300x the big bet in a game that you are playing just so you can take the swings that come with poker.
However with NL cash games this is different since there really is no big bet. So how do you figure out the size of your bankroll now? This is the question I am asking, feel free too respond... thank you.
Comments
but i certainly like to see this question in a future copy of the CPP :canada:
regards,
CO
FWIW, I have no clue since I hardly play NL cash games, but I'm interested in hearing ideas about this one from people who do play a lot of NL.
ScottyZ
This comes from experience as I started with a small roll and missed to many big pots that should have been mine. I was always concerned about losing my buy in and how much I would have left if I lost today. Actually today does not even matter now because it's the week, month, year that counts to make a profit. Just my thoughts.
I think the most important thing to determine for yourself is what blind/buy-in amounts you are comfortable playing at (as munchkin stated)....you absolutely cannot play scared in NL, it'll kill you and you won't win as much as you should, or worse, you'll lose more than you should
i found that my play in certain situations was too weak when i was first starting out because i had never played a live NL game and I had never been involved in big pots (which were starting to occur), and i had to correct that....now, granted, its easier to correct these leaks now that i've made a bit of money and increased my bankroll to a more comfortable level...
you can always go up in limits as you increase your bankroll....but for the here and now, i would say go with a bankroll of approx. 25-35 buy-ins....its important to consider the actual buy-in amount that you plan to play with, and not the blind size, because that is what will be at risk every time you sit down.......you also need to consider what could be the worst run you experience for your particular game....ie. if its a tighter table, in general, then you probably don't need as many buy-ins as you would for a loose table because you are going to suffer less bad beats and unpredictable opponent cards
for me, the river rock table varies quite a bit...some weeks its quite loose and crazy, other weeks its tighter...but its usually a fairly loose game....if i look at my worst month as a poker 'pro', it was last month, my first negative month, and i finished down about ~1200 over 78 hours....and this includes two good days i had early in the month where i made ~1000 on each.....so lets say i take those out of the equation and make them break even, that means i would finish down 3200 for the month which is 16 buy-ins......last month was one of those horrible months where all your big hands seem to break; this month has been the opposite, i have had no losing sessions and i'm up 4400........so i guess the bottom line is, if i didnt have those extra buy-ins in my bankroll, its possible that i never would have recovered from one bad month, and i wouldn't have had the great month i'm having now...
i've only been a 'pro' for half a year so i definitely don't have a tonne of experience to draw on regarding proper bankrolls that you'll never go bust with (like sklansky/malmuth try to determine in various papers for limit play)....but i really think you'll be hard pressed to go broke if you have >30 buy-ins, assuming you are a good player who shows good results and can make up losses that occur in those bad months you run into
so ya, bring a certain amount with you, and try to resist going to the bank machine....chances are, after losing a number of buy-ins, and playing for many hours, you are no longer playing your A game, and you should quit.....tomorrow is, after all, another day