bankroll probs

[daguksta]

i can never keep my bankroll intact, any feedback?

[iamnocaveman]

bankroll management is just as important as your game. conventional wisdom is to reduce risk and increase gain. let us say you have allocated $100 to play with for the next 3 months. $100 divided by 3 is $33 per month. $33 divided by 30 days is $1.10 per day. although this seems to be right, its actually wrong, even if you plan on playing everyday. if you only play the lower buy-ins, if youre lucky and place, your reward is minimal and risk is still there. you can't go gun-ho and think a few $10 will be better either. the goal is to find and try for the sweetest payouts with less competition while your skills are not making unforced early exits. a friend of mine plays $1 tournaments all the time for over a year. won a fair share and even placed quite high more than a couple of times. the resulting gain from all this trying wasnt even anywhere close to what my friend earned from one single $10 buy-in tourney (earned over $100). you dont have control over luck, but you choose the risk and your caution. winnings usually are divided by thirds. 1/3 kept away from use, 1/3 for spending, and 1/3 for gambling. for those who dont have as much money, one should keep 1/2 or more away, 1/2 for spending, and 1/2 for gambling in very careful increments. a few bad days and plays can make someone broke again.

[soonerdel]

read chris ferguson's bank roll management on fulltilt... under their archives.. also on pocket fives.. read the bank roll management by fox under pocket fives archives.