Party: $38.47 Stars: $78.69
FL .05/.1 FR 1+.2 SnG, NL2

Wednesday, May 16, 2007

Goal #2 - Steadily build a bank roll and move up.

My second goal is to build my bankroll and move up.

This means three things:
  • "There is no hurry!",
  • Bankroll management,
  • I want to play higher limits.

There is no hurry!
I start in the micro limits. From that point on, I want to build my bankroll steadily. I don't need to play in the low or middle limits just yet. Not today, not tomorrow. Maybe in a month or a year. If it takes longer, that's ok too. (It's a game, remember?)
Yes. I do have the money. I could deposit enough money to play FL 1/2, 3/6, 5/10 or even higher limits right away. It wouldn't even hurt me, if I lost that money. But I don't want that.


Bankroll management
My plan is to play according to a strict bankroll management. The rules are easy:
  • my bankroll should be ~300BB (e.g. $30 for FL .05/.1),
  • BB/100h > 1 for at least 10k hands before even considering to move up
  • win 360BB before moving up ($66 for FL .1/.2)
  • if I loose 60BB after moving up, I move a limit down ($54 -> back to FL .05/.1)
See also: "Basic Bankroll Management". A good article by Chris "Fox" Wallace. (Source: PocketFives.com)


I want to play higher limits

No. I don't want to grind a level forever. I'm a competitive guy. I'm up for the challenge. If I'm good enough on a certain level (according to my BR management) I'm going to move up. Even if it means playing Yo-yo :D

CU Around

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