Bankroll Management

[Boobie Lover]

Am I the only one that believes some people take this term a little too seriously? Sure, it is an important concept to minimize the risk of ruin, but I am reading more and more people who are stressing bankroll management while playing .01/.02. What's the point? What is your bankroll $5? Are there people so broke that $5 is a lot of money to them? The risk of ruin should not even be considered for this amount of money. If you lose that, reload.

Basically, all I am saying is that if your bankroll is at a current level that you cannot very easily reload, you should stress bankroll management. But, if you are playing with a sum of money that you can reload your entire bankroll at a whim without any financial constraints, then you should play over your bankroll and risk ruin. In my opinion, it is much better to risk ruin if you can advance to a higher level than to grind out some miniscule amount of money and waste your time in the process.

[kkirk1329]

Agreed, if my bankroll is under 15$, i will be willing to put it all on a table and test my luck and if i fail, then so what, its 15$ yea its hard for me to get money online but i find that sometimes taking risks like that can be fun, i think of it the same way i do live poker, when i go to a game i normally only bring 1-2 buy-ins, because we only play around 10-20$ buy ins.

[ashmc2]

I don't agree guys. I started out with little of nothing on the penny tables. Though most of the fags call everything and their game totally sucks, which can sometimes be counter-productive to learning. It is still needs to be treated as a place to learn proper bankroll skills. But now that I think back on it, my game really isn’t where it’s at today. I got to learn a lot of basic concepts and moves and play massive amounts of hands exceedingly cheap. I will be the first to admit that I take bankroll management to the extremes. But I personally feel if you use the 15 to 20 max buyin rule, you will have the necessary skills learned to play at that next level. (Yes, even at the penny level.)

[kkirk1329]

its not that i dont understand where ur coming from ash, i really do understand that that can be a very helpful and inexpensive way of learning the basics of poker, but i dont know something about the penny tables just makes me bored and i cant seem to really get interested and pay full attention, while if i get into a table with a decent amount of money to me, i will pay more attention and play my best poker.

Edit : lucky number 777th post.

[Boobie Lover]

What's to stop someone from utilizing proper bankroll mangement when the stakes matter to this person? That is the point I am trying to make.

[thrash1294]

I agree ash even for pennies it is important. I think JD started with A micro bankroll for selling play chips and look at the guy now

[Boobie Lover]

What does this have to do with the post I made? I'm saying that it shouldn't matter if you go busto if you can replentish easily, not a bragging post about who has won the most money starting from basically nothing.

[PShabi]

And he didn't do it by playing within a bankroll!!!

Hell, he still doesn't!!!