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MTT Bankroll Management-a different perspective...

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  1. flmodesq21 flmodesq21 is offline

    Chugiak, AK
    United States

    Posts: 741
    Joined: May 06

    Feb 19th, 2010 (2/19/2010 2:17am)

    Cross-posted from my P5s blog...

    Most MTTers have learned to have "xx" amount of buy-ins per tournament buy-in. It's generally understood to play $50 Freezeouts (assume no rake for this example) effectively, you should have 100 buy-ins to be adequately rolled and probably 200 buy-ins to be on the safer side. That would equal a roll of $5k-$10k depending on your risk tolerance and roi among other things.

    But what if you play 15-20 tourneys a day ranging in buy-ins from $3 rebuys, $5 rebuys, $10 rebuys, $22 FOs, $26 FOs, $24 Turbo Sattys, $48 Super Turbo Sattys and maybe a shot at a $162 big nightly tournament. Now what? Generally at the end of the day, you'll be spending a certain amount of money, we'll call this avg. daily buy-in. I understand that certain days, namely Sundays and for the High Stakes regs, Mondays, Tuesdays, Wednesdays this number will vary greatly.

    Back to my original example, let's say that my daily buy-in for that day is $800. Looking at this number $10k is not nearly enough as the RoR is too high especially in the variance filled world of MTTs. I believe looking at your avg. daily buy-in and having at least 20 buy-ins(similiar to general cash game bank roll management) but probably at least 50 avg. daily buy-ins to be effective. 100x would be ideal but probably unrealistic for most of us.

    P.S I wrote this when I was tired and probably couldn't explain my thoughts as well but what do you guys think?
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  2. Duffy08 Duffy08 is offline

    KS
    United States

    Posts: 3,182
    Joined: Jun 07

    Feb 19th, 2010 (2/19/2010 2:25am) in reply to flmodesq21

    keep enough in your accounts so that you don't have to check your cashier page and losing/winning won't make a significant difference in what you think your bankroll is.

    readjust it/re plan after big scores.
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  3. Esarbe Esarbe is offline

    Cambridge, MA
    United States

    Posts: 1,278
    Joined: Apr 09

    Feb 19th, 2010 (2/19/2010 2:28am) in reply to flmodesq21

     
    Originally Posted by flmodesq21 View Post

    Cross-posted from my P5s blog...

    Most MTTers have learned to have "xx" amount of buy-ins pertournament buy-in. It's generally understood to play $50 Freezeouts(assume no rake for this example) effectively, you should have 100buy-ins to be adequately rolled and probably 200 buy-ins to be on thesafer side. That would equal a roll of $5k-$10k depending on your risk tolerance and roi among other things.

    But what if you play 15-20 tourneys a day ranging in buy-ins from $3 rebuys, $5 rebuys, $10 rebuys, $22 FOs, $26 FOs, $24 Turbo Sattys, $48 Super Turbo Sattys and maybe a shot at a $162 bignightly tournament. Now what? Generally at the end of the day, you'llbe spending a certain amount of money, we'll call this avg. dailybuy-in. I understand that certain days, namely Sundays and for theHigh Stakes regs, Mondays, Tuesdays, Wednesdays this number will varygreatly.

    Back to my original example, let's say that my daily buy-in for thatday is $800. Looking at this number $10k is not nearly enough as theRoR is too high especially in the variance filled world of MTTs. Ibelieve looking at your avg. daily buy-in and having at least 20buy-ins(similiar to general cash game bank roll management) butprobably at least 50 avg. daily buy-ins to be effective. 100x would beideal but probably unrealistic for most of us.

    P.S I wrote this when I was tired and probably couldn't explain my thoughts as well but what do you guys think?

    Very applicable logic I think. I think most of us have experienced how the xx buyins doesn't always apply when you multitable, as you play a wide range of buyins from rebuys to freezeouts. Generally I play all the rebuys 11 and under and the 11 freezeouts throughout the week, then play those same tourneys plus the 55 200k special and the million on sunday. Obviously this is not ideal br management, but I find the game to be too grueling if you don't give yourself that big shot once week or so. Playing in the million is such a thrill for me, that the risk is worth it, and I think all players should experience that from time to time to keep their poker interest high and fresh.
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