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ger2000

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How to manage cash game bankroll for online poker?

I'm just wondering what anefficient bankroll management system is for online poker cash games..
-I multi-table between 8-12 tables for cash games short-handed (6max) tables with the max buy-in. I read and heard that you should keep at least 3x the max-buy in for each table (so for one table of like $3/6nl, you should have $1,800 just for that one table, 2 tables of $3/6 $5,400etc)..BUT, you shouldnt buy-in to a cash game with more than 5% of your total bankroll....So, with this being said, should you have a total bankroll of $14,400 to play like 8 tables of $3/6NL at 6max tables with each table having the max buy-in of $600?? <<OR>>
Should you have a total bankroll of like $288, 000 for a total of 8 tables playing $3/6NL 6max tables with each table with the $600 max buy-in and at least 3 buy-ins ($1800) for protection of each table??..because 5% of your total bankroll ($288, 000) is $14, 400, which is the total money for all 8 tables at play?
I mitesoundconfusingbutdoesanyoneunderstand
Well, I understand what a bankroll means, but by multi-tabling, I don't want to risk my entire bankroll on the entire tables at play...I would like to have a comfortable amount of money in my balance that isn't "in play" as a backup..in case if I run bad during a session and lose a few buy-ins on some tables..Also, I would like to not buy-in to a NL cash game with more than 5-10% of my bankroll (so for 3/6 NL 6Max, I would need at least $12k for only ONE table), but how would I go about doing this for multi-tabling like 8-12 tables and still keeping within that 5-10% bankroll range rule???
Thakns!

Posted 788 day ago

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Answers (4)

twocox
The standard bankroll is 20 buyins. Say you are playing 1/2. You need 4000 dollars.

Of course if you are playing pro you probaly want at least 30 buyins as if you lose your money your're fucked.

Edit: Well for every 3 tables i think 20 buyins is good as its quite hard to run bad in all 3 tables. So if you play 12 tables 80 buyins is perfect. Seems like common sense to me, but not 100% sure

Posted 788 day ago

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fullhouse
The reason for bankroll management is to prevent yourself from going broke when poker is your only source of income. This is the reason for the 5% rule and other bankroll schemes you may have heard about. So if you aren't making a living play poker and can afford to replenish your bankroll after a bad session then you can relax your bankroll requirements to whatever you feel comfortable with.

I'm a pro no limit player and I always buy with the max buy in and try to maintain a bankroll of 800 big blinds. So I the $3/$6 NL I would want a bankroll of about $5,000. Also if have a bad run I would immediately drop down a level until I got my bankroll up above the 800 big blind minimum.

Posted 788 day ago

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twocox
300 times the big blind is common for a limit game so 6 X 300 = $1,800 is a good bankroll for a 3 X 6 limit game. Your bankroll is how much total you have to play, not necessary how much you have in front of you when playing. This bankroll is for one game. If you are playing more than one game then multiply your bankroll by the number of games you play. The bankroll should not be used for anything else except playing poker.

If you are playing no-limit poker, your bankroll requirements are three times higher since your variance is much higher.

Posted 788 day ago

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Davido
Don't forget that depending on the skill edge you have over your opponents, your bankroll requirements will change. For example if you are playing $.05/$.10 No Limit, you may be able to get by with only 15 buy-ins, because your winrate is higher, so you will have fewer and shorter downswings. At a higher game where your edge is tiny, you might need 40, 50, or even more buy-ins in order to play comfortably. Also remember that 6-max games have more variance than full ring games, so you need a bigger bankroll if you are playing 6-max.

Posted 788 day ago

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