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Bankroll Building  +1   
I wanted to start a thread and see what members here at BRM are doing to build bankrolls. This isn't just for me but other members here also that are either new to poker or BRM and getting NDB's. People like myself are getting NDB's and actually starting to make something out of them. So now that I have enough points to cash out from an NDB, I plan to pull something like $50 out everytime it reaches XX amount of $$ til my bonus is up. Then take that amount and redoposit it into another room. I'm not just talking about getting NDB's and make short term achievement, but would like to have it grow like I see some of you members here at BRM doing. I'm currently working two bonuses atm, so once they are done I would like to be ahead of the game and already have a plan. I am going to make a suggestion and would appreciate it if you BRM members could add to this for me and others to learn. Recently one member reached XX amount, I give him props for that and you know who you are, so I have been thinking that would be great to do, if I could do the same things they did to build up my bankroll.

I already told you that I have reached earned enough points and can start making withdraws. So now I plan to take that money and redeposit it into another poker room. So what I am planning on doing is getting the first time depositers bonus along with rakeback. So from here if anyone else would like to add go ahead. Also, if you want to add bankroll management, why to play SnG's, DON's, etc. go ahead and type how you built a bankroll from maybe an NDB, first time deposit bonus, you know what I mean....
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Oh, I forgot to add that I am strictly grinding on NL/FL full ring games. No sng's, don's, etc.

Edited by ih8usukouts (13 October 2009 @ 09:14 GMT)


     
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i just posted this on another thread but whatever, started with 20$ NDP on titan. played small HU started at 2$HU then started playing 5$ hu and 10$. once i ran it up over 100$ i started playing small sng's and 5 and 10$ freezeouts. didnt take long to hit one and be over 700$ never looked back since. had a short stint on mansion poker aswell but started playing the 100+9 tounrnaments and 100$ HU and couple bad beats later and i was back playing 10 cent cash games. long story short, bankroll management is key when starting a bankroll.

     
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This might be a dumb question but how do you go about getting rakeback + First deposit bonus? I don't think I've ever gotten both on any site and because I was always more an mtt and sng player I never looked into rakeback. But I play more cash now and would like a deal on it.

     
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Posted by snapcall419:
i just posted this on another thread but whatever, started with 20$ NDP on titan. played small HU started at 2$HU then started playing 5$ hu and 10$. once i ran it up over 100$ i started playing small sng's and 5 and 10$ freezeouts. didnt take long to hit one and be over 700$ never looked back since. had a short stint on mansion poker aswell but started playing the 100+9 tounrnaments and 100$ HU and couple bad beats later and i was back playing 10 cent cash games. long story short, bankroll management is key when starting a bankroll.


You got $20 and were playing $2 HU games.

Then once you got to $100 you were playing $5 and $10 games.

Then you sit saying how Bankroll management is key..

You broke every rule in bankroll management from the very start...


     
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Posted by fcumred:
Posted by snapcall419:
i just posted this on another thread but whatever, started with 20$ NDP on titan. played small HU started at 2$HU then started playing 5$ hu and 10$. once i ran it up over 100$ i started playing small sng's and 5 and 10$ freezeouts. didnt take long to hit one and be over 700$ never looked back since. had a short stint on mansion poker aswell but started playing the 100+9 tounrnaments and 100$ HU and couple bad beats later and i was back playing 10 cent cash games. long story short, bankroll management is key when starting a bankroll.


You got $20 and were playing $2 HU games.

Then once you got to $100 you were playing $5 and $10 games.

Then you sit saying how Bankroll management is key..

You broke every rule in bankroll management from the very start...





well i dont know the rules of bankroll managment but it sure as hell worked good for me.
what i was trying to say is dont do what i did and play 100+9 with only 500$.
as far as starting with 20 goes, gamble hard imo cuz eventually if ur grinding lowstakes ur gonna run bad for a week then be broke. dont take my word for it but it sure worked for me.

     
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Bankroll management is an absolut must if u want to build up a bankroll. The general rule of thumb is no more than 2% of your bankroll can be used for any ring game, SnG or tourny. ie....If you have $100 in your account, than the maximum amount you can spend is $2.00 on an SnG or tourny, and that should be enough to sit an NL10 ring game with 20 BB.
If u exceed this rule, you run a real risk of going broke FAST, especially if variance gets a grip on u. Aww crap! . Don't laugh , it happens and does happen and if u say it hasn't then U are definently the luckiest SOB on the planet

     
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Posted by KG1975:
This might be a dumb question but how do you go about getting rakeback + First deposit bonus? I don't think I've ever gotten both on any site and because I was always more an mtt and sng player I never looked into rakeback. But I play more cash now and would like a deal on it.

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Click on the rakeback above here at the BRM page and look at the poker rooms that BRM offers rakeback thru. Rakeback is offered only if you do NOT have an account already at that particular poker room. You need to be new to the room and signing up for the first time to get the rakeback. Then you need to sign up thru the BRM link here so it can be tracked thru BRM.
Another thing KG1975, you want to have rakeback even if you are doing any type of tourney, sng's, don's, ring games, etc. You do get money back from your buy in at these things. As for getting rakeback + first time deposit bonus. I'll use my Cake account for an example for you. I learned about rakeback here at BRM and started to look into it. So I read alot here and learned more about it. When I chose to go with Cake, they give you a deposit bonus just like every other poker room, but what's nice is I get paid rakeback directly back into my poker account every week. The other nice thing, Cake doesn't deduct the bonus from your rakeback. So if you earn enough points and get the $10 payout from your deposit bonus, they won't deduct that $10 from your rakeback amount. One time I got the weekly rakeback and my $10 bonus payment, when I looked at my account summary it was showing 100% + for reward for the week. I can't remember the exact amount by my % was somewhere around 130 - 140 return for the week.
Once you have rakeback it never runs out in time limit like deposit bonus does. So you will continue to receive rakeback as long as you play at that poker room. Plus once you are at a poker room and getting rakeback, keep an eye open for the room to do a reload bonous. You can make a depsoit (reload) and start earning a bonus again. See my point on why I started this thread? These are some little tips I picked up here at BRM to help boost your bankroll. Hope this helps.
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I'll let some others jump in and talk about some of the above topics about bankroll management.

     
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Cheers for that Thumbs Up I'll have a look out for rooms I've not tried yet. Unfortunately for me I've been through most of them and just wasted the bonus opp's.

     
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Bankroll management is an essential tool for poker players as this will help them determine their limit. Players should be prepared for fluctuations also known as variance in their games. This means that the longer you play poker, there will always come a time when you will be having a series of bad runs. This doesn’t mean that you are not a good player, but simply, that the cards that you draw are not that good. If you are managing your bankroll properly, then you have already allotted a certain amount to keep you from going under.

20 times the total amount of your buy-in is the recommended amount for people who will be playing No Limit Poker. This is the usual amount suggested for players who wish to profit from a game of $1/ $2 per game. Bankroll management can be also applied to your bets. This means that you can bet 5% of your bankroll per game. If you prefer to play in tournament games, then the bankroll that is recommended should amount to 40 buy-ins.

Poker players who use the game as their source of income need to put up a large bankroll. This is done to cover the expenses that one normally uses inside a household, since it is only Poker where you get your income. Learning how to manage your bankroll at this stage is beneficial since you will never know when the bad days start coming.

Advantages of Bankroll Management

Understanding how to manage a bankroll should be learned by all types of poker players. This is to limit the amount of losses that one can incur during the game and also to be able to accept the impact that big losses can do to your psyche.

You must remember to take advantaged of poker bonuses in order to improve your bankroll.

     
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I stopped to think one day I will be able to build a bankroll.
That's the truth, I'm a hopeless donkey and doesn't work to learn.
So I play just for fun, wastinmg as less money sa possible Blink

     
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Good post gaz, I hope people caught you last statement too.
"You must remember to take advantaged of poker bonuses in order to improve your bankroll."

     
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I'm really bad at bankroll managment Sad I always wanna make fast Dollar Dollar and i go busto most of the times and everytime i think "Now will i play with good BRM and build it safe and slow" and if i get a bad session i get tilted and dont use any BRM at all thats what i need to change to be a winning player.

     
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Dam missed this thread and started one in the thread for poker strategies to night on bankroll building, oh well there will be more advice for everyone to follow now.
And i will be following this one with interest as there seems to good advice given here.
P.s i will put a link in my one to here if possible

     
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So two bankroll-management threads to follow. Great!
Here's what I do (but I'm willing to learn and change strategy); I start with my nodeposit bonus, I go to low stakes (0.05 - 0.10) NoLimit, I stay there till I've built up enough for the buy-in of whatever tournament I want to play (I def. prefer S&G's), say $2.50 + 0.25, and I play that tournament.
So my ndb is my point zero, I work my way up to point zero + buy in, I go to S&G. If I cash in there, that's my new point zero. If I don't, I start over again.
It's working so far, but it's harder than it sounds. When I don't cash in, it's really really hard to not just go "I'll just jump straight to another tournament. I'll get the next one."
Ive done that more than once, and I always end up Aww crap! .
Discipline, discipline, discipline.

     
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Posted by psycokiller:
Bankroll management is an absolut must if u want to build up a bankroll. The general rule of thumb is no more than 2% of your bankroll can be used for any ring game, SnG or tourny. ie....If you have $100 in your account, than the maximum amount you can spend is $2.00 on an SnG or tourny, and that should be enough to sit an NL10 ring game with 20 BB.
If u exceed this rule, you run a real risk of going broke FAST, especially if variance gets a grip on u. Aww crap! . Don't laugh , it happens and does happen and if u say it hasn't then U are definently the luckiest SOB on the planet


I may get grilled for this.. But I think for most players at low limits, 2% of BR is to small a figure to get anywhere... Even if you're gaining a BI everyday it'll be ages before you move up a level.

I think, when you're playing high stakes / poker for a living then 2% would be a very good figure.

But I think, also since less variance at lower stakes since the game is softer, allowing skill to govern a greater % of you wins. A figure more like 5%-10% should do up until about NL25 I believe.

I've found I can easily blast my way up from $50 to about $500-$1000 playing with about 10% of my roll at a time.. However, whilst playing NL25 with a $250 BR isn't too bad. Playing NL100 with a $1K BR is asking to go bankrupt. Also since TILT is much worse when you're playing higher stakes.

And not that I am saying don't respect free bankrolls, because you should, but this is probably more to depositors : 2% of your roll is one aspect, but another aspect is, it's only $10, or $20 or whatever. If you're not a poker pro then your poker bankroll does NOT equal your bank account. So if you've been saving up lots of money in a bank I do NOT recommend gambling with it 10% at a time on poker. Which is what a BR is for a pro, it is their bank. and of course they dont want risk more than 2% of their lifes money at a time. But for non pro's your poker BR does not equal all your money in world so if you bust, often it's not even a weeks pay you're talking about.

However, once you hit the $500+ or maybe $1k+ BR then you need to start following a very strict BRM.

My thoughts are, play with a fairly allowing Bankroll management on the lower stakse, then once you get to a nice roll where you can actually start winning money that's more than a cup of coffee, start to adhere to strict BRM

my 2c

     
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Posted by jessthehuman:
And not that I am saying don't respect free bankrolls, because you should, but this is probably more to depositors : 2% of your roll is one aspect, but another aspect is, it's only $10, or $20 or whatever. If you're not a poker pro then your poker bankroll does NOT equal your bank account. So if you've been saving up lots of money in a bank I do NOT recommend gambling with it 10% at a time on poker. Which is what a BR is for a pro, it is their bank. and of course they dont want risk more than 2% of their lifes money at a time. But for non pro's your poker BR does not equal all your money in world so if you bust, often it's not even a weeks pay you're talking about.

Very well put +1 Thumbs Up

     
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