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General Poker
Bankroll Management Plan
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[QUOTE="redboy23, post: 7000331, member: 384323"] Hello Poker Fans, My bankroll management plan is simple and I have always been curious about how to pay myself, out of all the effort placed into poker. I started this journey from $0, with the intention of building it up to $100 and taking stabs at $1 buy-in tournaments when I got there. I was focussing more on PokerStars but after building my bankroll to about $700, I was forced to withdraw because they no longer supported my region. That solved the "pay myself issue" and I gladly used the money for the house, which pleased my wife greatly! Now my focus is on 888Poker and I am trying to consistently build my bankroll up to make $100 each month. This is quite a stretch but I am trying to get to $200 by the end of August. So in summary, I am following the plan to play MTT - more specifically the $1 Micro Mystery Bounty format and stay within a 100 buy-ins - until I can level up. Occasionally, I play the Ring tables $.01/$.02 taking $0.80 tables at a time and cashing in whenever I get close to $1.60 (this is a recent strategy that is working very well). This would be done anytime I do not have enough time to play a MTT tournament and can multi-task. Following this, I should not go broke - especially since I grind freerolls and participate in 888Poker tournaments. The last one I played brought in about $40! I have also won two $20 bounties in the Mystery Bounty Tournaments. It is only a matter of time before I get through. To date, I have won two $109 tickets on 888Poker but have not managed to make the money yet. The future looks bright for online poker and I think that I have a winning bankroll management strategy. All that being said - I welcome any advice or observations. :D [/QUOTE]
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