Do you think bankroll management should be stricter for tournaments than for cash games?
Goggelheimer
Legend
Platinum Level
Most people think 100 buy ins are enough.
But they don’t use some key values that are essential for tournaments.
These are their own ROI and the field size of the tournaments they play.
Also, the buy ins and structure of the tournaments have a big influence on variance.
Ultra turbos and PKO/bounty tournaments have a much higher variance than regular speed tournaments.
A bit of the influence of these key values can be seen in the primedope tournament variance calculator.
There is also a calculator for cash games on this site.
Honest values for BB/100 (cash games) or the ROI (tournament) are needed there.
The ROI values or the BB values can be calculated by hand (better very strict use of Excel, Calc, Google sheets ....),
but this also leads to good bankroll discipline.
If you use a tracker like H2N, PT4, HM3, DH2 you can find these values also there.
And it is very helpful to read the whole page down after the calculation is made.
And the direct answer to your question is a big YES.
But they don’t use some key values that are essential for tournaments.
These are their own ROI and the field size of the tournaments they play.
Also, the buy ins and structure of the tournaments have a big influence on variance.
Ultra turbos and PKO/bounty tournaments have a much higher variance than regular speed tournaments.
A bit of the influence of these key values can be seen in the primedope tournament variance calculator.
There is also a calculator for cash games on this site.
Honest values for BB/100 (cash games) or the ROI (tournament) are needed there.
The ROI values or the BB values can be calculated by hand (better very strict use of Excel, Calc, Google sheets ....),
but this also leads to good bankroll discipline.
If you use a tracker like H2N, PT4, HM3, DH2 you can find these values also there.
And it is very helpful to read the whole page down after the calculation is made.
And the direct answer to your question is a big YES.
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antonis32123
Legend
Loyaler
Obviously yes . The variance is greater in tourneys , downswings can last a lot , it's easier there to lose control over your bankroll manage. Some people suggest 100 buy ins , others say 200 . I like the second option ,
hardongear
Legend
Silver Level
100% and there are also other factors. Like reg vs rec/hobby player. Volume played. If one plans on grinding 6-8+ hours everyday and multiple tables putting in tons of volume he needs a bigger bankroll. If you're a rec/hobby player that only plays a 2-3 hours most nights(or a few nights) during the week or only play 4-5 MTT's over a weekend you can get with less.
I'm personally a rec/hobby player I keep 50 buy-ins for the stake I'm playing in cash and 100 buy-ins for MTT's. I could get away with a bit less but I dislike having to deposit and make it a challenge not too.
Cheers!!!
I'm personally a rec/hobby player I keep 50 buy-ins for the stake I'm playing in cash and 100 buy-ins for MTT's. I could get away with a bit less but I dislike having to deposit and make it a challenge not too.
Cheers!!!
anasslaaleg
Rock Star
Platinum Level
One thing I’ve noticed is how different bankroll management feels depending on the format.
In cash games, variance is loweryou can rebuy and the swings are usually more controlled if you play solid. A common guideline is 20 30 buy-ins.
In tournaments, variance is brutal. You can play perfectly and still brick 20+ events in a row. That’s why many pros suggest 100+ buy-ins, sometimes even more for large-field MTTs.
Personally, I think bankroll management must be stricter for tournaments because deep runs are less frequent, and you need the roll to survive the droughts.
In cash games, variance is loweryou can rebuy and the swings are usually more controlled if you play solid. A common guideline is 20 30 buy-ins.
In tournaments, variance is brutal. You can play perfectly and still brick 20+ events in a row. That’s why many pros suggest 100+ buy-ins, sometimes even more for large-field MTTs.
Personally, I think bankroll management must be stricter for tournaments because deep runs are less frequent, and you need the roll to survive the droughts.
Poker Orifice
And Still...
Platinum Level
200 - to - 400 for Tournaments.
25-30 for Cash
dreamer13
Legend
Loyaler
My only problem is that I don't have an organized bankroll.Poker players overthink things. You don't really need a special bankroll of X buy-ins unless you're playing full-time. Just decide how much you can spend on poker per month from your paycheck, and play the most profitable or just the most fun game. Don't get stuck in small, high-rake games trying to build some abstract bankroll before moving on to bigger games.
F
fundiver199
Legend
Loyaler
I agree, that not everyone need a bankroll. However if you play mainly for profit and play almost every day, even its not full time, because you have a job or study to take care of, then you do need a bankroll. This is because, you dont want to end up in a situation, where you can not play again, before you get your next paycheck and are able to take money from that and put it into poker.
And you also dont want to be moving up and down constantly. Like maybe you take some "shots" at $22-55 MTTs without having a proper bankroll for these games, and it does not work out, so now you only have $50 left to play with for the rest of the month and have to move down to $1 MTTs. Then its significantly better to play for instance $5.5-11 MTTs the entire month, if this is, what you are bankrolled for.
With that being said your entire poker bankroll does not need to be sitting in a poker account. If you know, you will be able to deposit another $200 or $500 any time, it might be needed, then its fine to consider that money part of your bankroll, even its sitting in a regular bank account. Or you can have your bankroll distributed among more than one site. There is no need to have a separate bankroll for each site, as some people think.
If you are mainly playing for fun then absolutely 100% yes. Everybody talk about bankroll management, but far more people should instead be thinking about making a poker budget, if for instance they mainly like to play some MTTs in the weekends and dont play on working days and perhaps not even every weekend. Or if they are new to poker and have no track record to prove, they are winning players.
I agree, that far to many people are obsessed with the idea of "building a bankroll from nothing", and this keep them stuck in freerolls and penny games, that are neither particularly fun to play or particularly good for learning and improving. Most people would be far better off making some reasonable deposit and then go from there.
There is also nothing wrong with adding to your bankroll from paychecks gradually. Like maybe you feel, you are ready to move up skill wise, but you still lack another $200 to do so. Then just take that money from your next paycheck and deposit it, if it wont be needed for other purposes. Some people have this idea, that you should only deposit once on each poker sites, and this is also pretty silly.