Playing within youre bankroll limits

BrianSwa · #1 09-15-05, 12:25 PM

I was thinking about this last night and thought I would throw it up in the air for you guys. Now its been said here about 3 million times about having 300x the BB to play a limit. I disagree with this, let me explain.

I think the 300 bb is only needed if you plan on making one deposit and never depositing again. What if you can deposit again do you really HAVE to play within youre bankroll limits. Lets say some guy deposits $400 and dosent want to play .50/1.00, I have no problem with that guy taking $100 and throwing it in 2/4 which is his favorite limit. As long as this guy knows that he could lose the $100 very easy, what is soooo wrong with this?

I dont think putting a small portion of thier bankroll in a game they arnt bankrolled for is the worst thing to do in the world. Now I dont suggest putting their whole bankroll in a game but a small portion of it, I dont see anything wrong with this. Does anyone agree with this or really disagree? I think it really just comes down to what you want from poker? I play from paycheck to paycheck, I dont have any problem throwing $100 of a $300- $400 bankroll in a 2/4 game. I dont cry about getting outdrawn or bad beats when I play those games because I know im playing about where im not bankrolled for and variance happens.

Discuss....

BlibbityBlabbity · #2 09-15-05, 12:47 PM

You know, I thought eejit's modified hand history thread was giving you a run for your money.....looks like your back on top....

I will say you do know how to rack up your post count though!

Discuss

BrianSwa · #3 09-15-05, 12:56 PM

why I think its a decent post, you think everyone should have to play within their bankroll no matter what? You dont think the casual player should be allowed to take 1/4 of their bankroll into a game? I see no problem in this at all, please explain BB.

Talking Poker · #4 09-15-05, 01:04 PM

Brian.... not to point out the obvious to you.... but in your hypothetical situation of someone putting $400 online and having another $400 ready to go if he loses it, his bankroll isn't $400. It's $800 (or whatever the number is he's willing to call "poker money").

BrianSwa · #5 09-15-05, 01:07 PM

not saying he has $400 in reserve to play with. Ok lets put it this way a guy has a decent job and gets paid and sees hey I got a extra $400 I can put online. Ok so he does that now he has no extra money after this to play with but knows that he can deposit in 2 weeks if he has to. So he has $400 and only $400 to play with for 2 weeks, is it a sin to put $100 of that in 2/4?

BlibbityBlabbity · #6 09-15-05, 01:14 PM

This question struck me as the same kind of devil's advocate thread you used to start all the time.

This has been covered a million times but, .....
I don't think you need to have 300BB in a site (or even online) to play a certain limit. You just need to have an implied bankroll of at least 300BB to play a limit comfortably.

Ex. 5/10 Limit = $3000 bankroll min, right? If you want to put in $300 and play it knowing you might bust out in an hour and need to reload, then you are fine (assuming you have another $2700 "available" as part of an implied bankroll).

Talking Poker · #7 09-15-05, 01:15 PM

Yes, and he will go straight to hell for it.

Of course not. He can play 100/200 if he wants (assuming he can find a site that will let him sit with $400). It's just that the higher the limit he plays, the more likely he's going to bust.

Bankroll guidelines are for people that don't want to bust out. You pick a number and they give you a guideline of where you should be able to survive the short term fluctuations of poker. If you don't care about busting out, or reloading your bankroll, then bankroll guidelines don't apply to you. Obviously. Play anywhere you like.

BlibbityBlabbity · #8 09-15-05, 01:16 PM

I don't see how it matters for that player. If they are having to redeposit every time they get paid, they aren't a very good player, or are being outplayed at the limit they are playing.

Even if they win, it really isn;'t a bankroll issue. They are just putting money into poker as entertainment and if they are happy if they blow through it in an hour, then that is fine.

If you are trying to build it up (either for money, or just for the challenge) then they should play within the bankroll to avoid going bust and "losing")

BrianSwa · #9 09-15-05, 01:18 PM

thanks TP and BB,
thats kinda what I wanted to hear, just seems like so many people are stuck on this having the correct bankroll for a game no matter what. I just wanted to know if there are instances were that dosent apply. Playing poker in hell, that dosent sound too fun.

bdawg31 · #10 09-15-05, 01:25 PM

I think people confuse what the bankroll 'guideline' is (or maybe its me that gets confused). I look at it as someone saying "To ride out the fluxuations that one is inevitably going to encouter - one should have 300x the BB to account for that. This is true if you are a winning player".

But, i think this has been discussed repeatedly on here.

PShabi · #11 09-15-05, 01:34 PM

Bankroll = The amount you have to play poker. (I.E. I have $3,000 that I can afford to lose playing poker)

Buy-in = The amount you sit down with for a given session.

I don't know where my bankroll is right now, but let's just say it's more than double the min requirement for my level.

However, when I sit down, I buy-in for $150. Do you see the difference?

Seriously, we need a filter and anytime Brian uses the word "bankroll" the thread should be deleted.

BrianSwa · #12 09-15-05, 01:43 PM

I know the difference, thats not the question I asked.

PShabi · #13 09-15-05, 02:26 PM

I think you understand (finally, maybe) the fact that you need X amount of BBs to be "bankrolled' for a game. However, I'm not sure if you understand the reasoning behind it.

Maybe you do.

Just realize that you're on a poker forum. That leads me to assume (obviously incorrectly) that people here are serious about their game and are concerned with making decisions that are going to advance their poker "career."

I think people find your posts on this subject quite stupid and irritating because we just don't share the same views as you. People around here aren't depositing for entertainment value, they are trying to make money. I don't find losing money to be entertaining.

BrianSwa · #14 09-15-05, 02:47 PM

think you got the wrong Idea about the post shabi, Im not saying take youre whole roll and put it on a game to have fun. I'am saying taking a portion of youre current online roll and putting it a game you arnt bankrolled for to see how you do.

Its like when you played 5/10 for the 1st time you were not bankrolled for it but you wanted to see how the game was. Im saying the same thing taking $100 and putting it on 2/4 because you think you can beat the game if you dont then thats fine.

BlibbityBlabbity · #15 09-15-05, 03:00 PM

Now wait, that is different still from what you said earlier.

If you are trying to see if you can beat a game, to possibly make a move up permanently with only $400, you would not know if you were beating the game with $100 of it on the table. The sample size that you would need would be very unlikely to be reached with a $100 investment in 2/4 (unless you get really lucky at the beginning).

Even if you busted out (or won big), that wouldn't mean much about the level. In order to "beat a level" you have to be able to beat different combinations of players that play it, not only those at one table on one occasion.

BrianSwa · #16 09-15-05, 03:06 PM

lets clarify here,

Joe schmo deposits $400 and likes 2/4, its his favorite level at the local casino when he goes to play and dosent want to play anything different. He puts $100 of his current $400 bankroll on the game. Regardless of what happens to that $100 I think this is a ok move. That is all im saying, wanted to know what people thought of him doing this.

thats pretty cut and dry, what I said to shabi has nothing to do with my origional post was making point that he played out of his bankroll before.

BrianSwa · #17 09-15-05, 03:11 PM

I see where my posts kinda go back and forth, didnt meant to do that sorry. I stand by what I said in 1st post. I still dont see a problem with playing above youre bankroll if you like that level. As long as you know you could lose a good portion of youre bankroll in one sitting.

Aequitas58 · #18 09-15-05, 03:57 PM

This is a funny thread.

How many times do we (and I say that collectively - including EVERYONE on this forum who has talked w/ you about bankroll management) have to go through this?

Use the search function. It's there for a reason.

BrianSwa · #19 09-15-05, 04:04 PM

I have and most of the threads say one side of the coin, dont play a game unless you are bankrolled for it. What I wanted from this thread is the fact that there are times when you can play outside youre bankroll.

PShabi · #20 09-15-05, 06:41 PM

I was bankrolled for it.

I had a little over 3k. I was more skeptical if I could mentally take a 50 BB in stride. I couldn't.

PShabi · #21 09-15-05, 06:53 PM

Priceless. I may pin this up on my wall as a reminder that I can take $$$$ from a lot of people.

If it's "fact" then why did you have to ask about it?

I don't have to make a thread asking everybody if Lou has a 3 inch pecker. It's well-known fact.

Brain, I'm convinced that you don't have the mental capacity to understand abstract concepts like variance and downswings. There's no hope.

Talking Poker · #22 09-15-05, 07:19 PM

Fantastic.

Talking Poker · #23 09-15-05, 07:22 PM

We all know this is what Brian wants, so I'm going to go ahead and give it to him and be done with this once and for all:

Dear BrianSwa,

You have the blessings of everyone at this forum to play at whatever fucking limits you feel like. Bankroll guidelines no longer apply to you. You may officially play at any limit your gambling heart desires.

Sincerely,
TP

PShabi · #24 09-15-05, 07:27 PM

perfect

PShabi · #25 09-15-05, 07:30 PM

We can laugh and make fun of Brain all we want. But the fact of the matter is, he's playing us!

Being the scavenger that he is, he saw the longest thread contest post and dollar signs flashed in his eyes.

What can I do to start the longest thread? I know! I'll start ANOTHER bankroll thread, portraying myself as a complete jackass! Then the assholes will all come in and take turns seeing who can be the funny guy. I'll reply sincerely and do my best to keep the thread "semi on track" so that it doesn't appear that I'm working them over.

Brilliance!!!!