How much is to much for one night?

[Strong Dollar1]

Does anyone have advice on bankroll management. I've lost around 90% of my bankroll in 3 days, have played tourney's, sng's, cash games, and have taken more bad beats then I could have ever thought possible, and needs some advice on how to stay long term; a system that I could you to weather the storm.

 

[Jack Daniels]

Take a look at these charts. They should help you plan out your bankroll needs for the limits you want to play. General rule of thumb for NL ring is that you should have AT LEAST 20 full buy-ins in your bankroll for whatever limit you are playing at. This way you never take more than 5% of your bankroll to the table and should be able to ride out any standard variance. For tournaments, in general, your total buy-in for a single tourney should not exceed 2% of your bankroll.

 

[shinedown.45]

here's some sound advice. https://www.cardschat.com/forum/cash-games-11/whodeys-building-your-bankroll-guide-89132/#post580915

 

[Jack Daniels]

here's some sound advice. https://www.cardschat.com/forum/cash-games-11/whodeys-building-your-bankroll-guide-89132/#post580915

There is some good info in there, but as I read it, my big concern is that he seems to advocate, for example, deposit $50 then take your $50 to a $50NL table. That in particular is not very good advice. I think if you take many of the things he's saying and tie it together with the 5%/2% rules, you have a decent strategy for mgmt.

 

[tommy2000]

ive read you should only play 5% of you bankroll anytime you play thats hard for me to do but if you have disapline mabey you will do better then me

 

[Stick66]

ive read you should only play 5% of you bankroll anytime you play thats hard for me to do but if you have disapline mabey you will do better then me

Yeah, I've read that you should never sit down with more than 5-10% of your total BR also. But I think it has more to do with a combination of personal comfort and common sense.

If someone has $10,000 but little clue on how to play well, then they probably shouldn't risk more than $10-25 at a time. But if someone is a very good player and has only $100, they should be just fine sitting with $25. Most of us are somewhere in between.

A while back, I wrote an article on my blog about this:

Stick's Poker Blog: Your Stakes Level DOES Matter: Bankroll Psychology II