My new Cashout Concept

[JDMcNugent7]

Good Questions
1) Nope, hopefully not. When I get low in cash online, I am just going to play lower and grind it out till I get back up, I'm only 18, I don't mind not winning much money for a few days. If I completely bust out, which i have never done in 2 years, I would redeposit- but I won't let that happen I hope.
2) I'm currently very happy playing $1/2 NL 6max cash games, and many different types of MTT, and SNG's, lately I've been playing alot of satellites, i think they are really fun and i like going for the Big win.
Also, I am basing my limits i can play based off my overall winnings, right now i have $600 online and $1200 in the bank. So I base if off the $1800 overall.\

Sound Good ?

[nflchad]

Okay 1-2NL typically means that this is a $200 buy-in meaning that you have 9 buy-ins. For a NL cash game you should have 20, for short handed 30+.

[JDMcNugent7]

i know.

[sjay2k]

I think it's better to set yourself a healthy bankroll for your limit, and cash out every dollar above that every week or fortnight.

E.g. I keep $1,500 online for 5/10 and every week I cash out all money above $1,500. This helps you see the fruits of your labour as well as helping to prevent you from going up to higher limits.

I think the standard 300BB is a bit excessive for winning (!) limit players. Likewise I think that 20-30 buy-ins for NL players (e.g. 4-6k for $1/$2 NL) is far too much.

[nflchad]

If your not worried about going bust and are able to reload then it doesn't really matter how much you have to play whatever limit you play. However if you don't want to go bust, then playing with fewer than 20 buy-ins at a shorthanded NL game is crazy and is simply asking to go broke. I can't even imagine being comfortable on those tables when a large portion of my roll could dissapear in one or two hands. But I'm not much of a gambler so to each his own.

[Talking Poker]

What's the problem with moving up in limits?

[BlibbityBlabbity]

He said he was comfy at 1/2 NL.

I think taking whatever you have above the bankroll you need at the limit you are playing out makes sense if you are not planning a move up. But, if you are leaving yourself with 1/3 (or less) of the suggested bankroll online then just know that you might have to put some of it back in simply because of fluctuation in the game.

Also, if you have a point where you want to stop playing (to move back down in limits if things are not going well) then you could take all of it out but that amount so you will have to redeposit before you start to play the lower limit (Concious effort).

Again, this really is only for self-control reassurance factors.

[JDMcNugent7]

I completely agree that needing 4-6k to play 1/2 NL 6 handed is Extremely excessive IMO. I agree that you need a certain roll to succesfully play at each level but I think 2K-3.5K would be a pretty good price range for 1/2, and i have about 2k now So I think It's pretty acceptable.

The reason I am doing this is Not to avoid tilt or for self control. It was to find a good cashout method, nothing more, I just love guarenteed money over money sitting on pokerstars that could easily be lost.

Does anyone have a better method they think?
I like yours Sjay2k but just looking for other options/ideas.