Day 10: Bankroll Management

Today I want to talk about the right bankroll management to succeed in the long run.

On the one hand it should provide enough safety to cover downswings and it should guarantee to play in the comfort zone.It is really helpful to feel comfortable with the money on risk by playing your A-game at the same time and don't worrying about loosing a stack. Because if you don't feel comfortable at the tables/stackes, you play with feared money and this affects you negatively and can lead to a B- or C-game.

Example:
Imagine having a $10k BR while playing NL2 (5000 Buy In's)...you won't be scared or feared to 4-bet shove on the river when your instinct tells you there is a chance your opponent is weak or bluffing.

Then you are ready and in the right mindset to play your A-game!

In conclusion everyone has to check out individually where the right limit for a comfort zone  is reached.This has to do a lot with risk evaluation.One may need 200 buy in's to feel comfortable and another one feels okay with only 20 Buy In's.

On the other hand I want to succeed fast and don't want to waste my time by grinding the low limits forever.I want to move up the limits to accumulate more and more money.Therefore a shot-taking strategy with a non-conservative bankroll management would be best.With 20-30 buy-in's it will be theoretically a lot faster to reach the high stakes.Taking shots with only a few buy in's is the main aspect of this strategy.

After deliberating I decided for a balanced mix of a conservative and shot-taking management.
I will following a 40:10 ratio (40 buy in's for the appropriate limit and 10 "shot" buy-in's)

This will look like this:

Limit	Buy In’s + “Shot”	Move up	Move down
NL2	any	$2	$0
NL5	40 + 10	$250	$199
NL10	40 + 10	$500	$399
NL25	40 + 10	$1250	$999
NL50	40 + 10	$2500	$1999
NL100	40 + 10	$5000	$3999
NL200	50 + 10	$12000	$9999
NL400	50 +10	$24000	$19999
…	…	…	…

I am kind of a shot-taker...I love the rush to move up limits and actually I feel okay by having my full bankroll on the screen.This is the ultimate thrill.But this challenge is not about the quick thrill on a sunday evening, this is a steady and controlled grind over the long run.(I hope I finally got this^^)

phhew...pretty long blog post,thanks for reading ;)
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