Bankroll
Posted by 888nick
Posted by
888nick
posted in
Low Stakes
Bankroll
Hi all.
I'm an experienced recreational NLHE player who's been away from poker since Black Friday. I started playing with some regularity again about 5 months ago and things have gone very well. I started back to basics and worked my way up from 4NL.
I currently have a 2k bankroll and am playing six max 20,30 and 50NL depending on where action seems best. I have joined this site in order to improve at the slightly more challenging 50NL games and ideally take the step up to 100NL in a 6 months or so.
I would like some idea of how people manage bankrolls, I understand 3000bb's is deemed typical but am unsure when to start cashing out, how much for, how often etc. I was thinking of setting a 5000 dollar roll and taking out 1/3 of that every month I'm up. Just wondering what sort of rolls people keep and how they deal with taking money out.
By the way I am only recreational and have no interest in becoming pro.
Any ideas will be appreciated.
Loading 1 Comments...
It all comes down to personal preference and understanding of variance. I would suggest you to think about your current situation and your risk tolerance and make a decision based on that. I would also think about how much variance can affect my results.
If you're not playing for a living, you can pretty much play with whatever BRM you like, just be aware of the risks.
Same with withdraws, I don't think there's any magical rule that everyone should follow, you just have to come up with your own personal plan.
http://pokerdope.com/poker-variance-calculator/
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