Posted Thu Aug 17, 2006 3:13 am GMT by Oasis
Hey guys,
This is probably me just being my ordinary OCD/Pedantic old self but I have a question.
My current bankroll is $230 and am doing very well in 10NL and feeling very confident about my game. Now, at the casino the smallest game has a 5/5 blind structure with 100min and 500max buy in. I have played there once and did very well. I think the game is pretty soft and feel confident that I can take it down again.
Now, obviously I am nowhere near rolled to play in the 500NL game at the casino. I had to dig out of my own funds to play in that game in the first place*, but if it wasn’t for the massive earnings I made at this game I would have never been able to fund my new online BR.
* I initially just played the casino game to see where I was at in terms of my abilities and found that I went very well.
My question to you is, should I continue to play the casino game on the odd occasion (say once or twice a month), or wait until I’m properly rolled? I'd need a BR of over $8,000 to play that game using the "rules".
I don't have many out goings outside of poker, so it's not a major problem if I lose a buy in.
As I said, this is just a little issue but I like to keep track of my money and make everything kind of "official" if you know what I mean.
Any tips or advice you can give on how to manage this would be appreciated.
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Posted Thu Aug 17, 2006 3:19 am GMT by mortaleclipse
Well, I read your post about your night that the casino and it went very well however you could very well could lose that in one hand at the limit you want to play at. The casino here is 2/5NL and I only go if I made some good tips at the end of the night during my job. Tip job is great for playing poker  . Anyways can you afford to lose 230 bucks in one sitting and still have some to play with? If you do decide you go only hope not to get one bad beat cause that is all it takes.
Posted Thu Aug 17, 2006 4:09 am GMT by suitedaces84
| Oasis wrote: | | I don't have many out goings outside of poker, so it's not a major problem if I lose a buy in. |
A gambling bankroll is defined to be the money you are willing to lose gambling. The current location of this money is meaningless. If you have $50 in your party account but are willing to quickly reload if you bust your roll is greater than $50. If you have $100 gazillion in your account, but you need $99 gazillion to buy an island and a house for your island your bankroll is only $1 gazillion.
If you're willing to take $500 out of your bank account and risk losing it playing poker, then your bankroll is $500 greater than it what you have online. I still doubt you have anywhere near the roll for a $5/5 NL game. But all the bankroll management rules you hear are designed for players who cannot come up with the funds to reload if they bust. If you can easily get more to play with all the bankroll management stuff is worthless.
Posted Thu Aug 17, 2006 8:26 am GMT by shorn7
The key on BR is that you need a certain amoutn to play consistently in a game where you consider yourself a favorite. So, this does not mean that you need that type of BR ($8k for the 5/5 in your example) to "take shots" at that game. I am not saying yu should risk everything to play in that game since as someone else pointed out all it will take is one bad beat to wipe you out.
I guess my advice would be to perhaps avoid playing that game until you have enough for 2 or 3 minimum buy-ins to the game and then start taking shots. If the game is as soft as you say, then you can absorb a few bad beats (playing conservatively) and still have $$ left over.
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