Poker Bankroll Management

[AJ]

Looking for some tips / suggestion on Poker bankroll management On a stinking run just now, played eight 6 player stts last night and crashed out in 4th or worse in the first seven, and only scrapped 2nd in the final one due to some crazy play by others. Been on a crappy run for a few days now, I don't think I'm playing badly, just not getting the cards. On the rare occassion I got cards yesterday, I got outdrawn, my KK all in preflop got beaten by 99. Looking back at my records I should have stoped playing much eariler when it was clearly not going for me. When I used to play blackjack, if I lost 10 units I'd get up and leave the casino, and treat myself to something fun like a nice meal or a trip to the lap dancing. I'm pretty sure both of these were cheaper than staying in the casino on a cold run. But it's harder to get up and leave the casino when it's at home, and you're playing online poker. I know the numbers of games I'm talking about are short term varraince, and last week I was hitting everything and it'll come right over the long term. I'm thinking about setting myself a rule of 3 or 4 buy-ins as a daily stop loss. Does anyone else do something like this and how does it work out ??

[voiceofjoe]

Re: Poker Bankroll Management I had a bad run in July/August two losing months on back of two winning ones previously. So I've stopped playing at $5 and reverted back to the $1 tables, and Freerolls to get my confidence back. Its working for me as i'm back in profit this month . I've also been playing some $1 STT Limit variant games (Omaha HiLo,Horse,Razz) - this has improved my patience at the table, as I believe a lot of success at Limit poker is knowing when to fold, and post flop play. This has transferred very well into my No Limit Freeroll tournaments making me appreciate the true value of my hand and not simply going all-in trying to bully pots, only to come up against a better hand and crash out. You may well be playing larger limits than me, but everything is relative Good Luck in however you tackle it :ok