mullet1984 Posted May 7, 2007 Share Posted May 7, 2007 Hi, Does anyone know of a decent poker book where there is a good part of the book devoted to bankroll management. One of my friends is a very good playert who keeps going broke because he plays consistently out of his bankroll and i would like to buy him a book as he is going pro for the 3rd time now ( twice b4 he's gone bust ). Any help would be much appreciated. Thanks Quote Link to comment Share on other sites More sharing options...
GaF Posted May 7, 2007 Share Posted May 7, 2007 Re: Bankroll Management I'm sorry I don't know of any books on bankroll management.... Though not sure that it is a big enough topic to fill a book!!! If he just says he will never sit down at one table with more than x% of his bankroll, then, assuming he is a winning player, he can (pretty much) not go bust (the smaller x is, the more remote the chance of going bust is).... He MUST be prepared to move down if he goes through a bad run and losses... if he wont move down levels, then he will keep going bust!!! I'm assuming he isn't just a losing player ;) Quote Link to comment Share on other sites More sharing options...
Jimany Posted May 7, 2007 Share Posted May 7, 2007 Re: Bankroll Management I have a friend in a similar situation, though I feel stubborness is hampering him staying up there. He has lost ~90% of what he has gained due to playing limits too high and not dropping levels when he loses a large % of his bankroll. You've simply got to try to nudge him in the right direction. The 5% rule is good, but I feel is too risky (I'm an overly cautious player). If you can get him to continually sit down with no more than 5% of his bankroll in the one sitting it will reduce his losses. Ideally 1-2% would be my preferred stack to sit down with, this will create more stable profit and will prevent quite a bit of tilt since if you go bust you haven't lost a huge portion of your bankroll Quote Link to comment Share on other sites More sharing options...
robilaruk Posted May 7, 2007 Share Posted May 7, 2007 Re: Bankroll Management 'accepted' general rule of thumb Cash - max of 5% of your BR at one table SNG - at least 30 buy-ins (though you should really have 60 - 100 to be safer, 30 losing games is not uncommon) There you go, a nice cheap answer without reading pages and pages of stats and theories :) and as others have said - you must ALWAYS drop down if you BR is suffering - to not do so will mean you will go bust - I would have thought that after the 2nd time your friend might have figured this one out? Cheers Damo Quote Link to comment Share on other sites More sharing options...
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