It's been a while since I wrote my first thoughts on Bankroll Management. Mostly I wrote it because I thought people were putting too much emphasis on the proper plays once at a table and not enough on what stakes and how much a player should bring to the table.
What I have found that Chris Ferguson was right on in his article Starting from Zero. About midway down in his article you'll find a couple of things.
"Dropping down and playing lower limits is difficult for a lot of players. They view it as a failure and their egos get in the way."
"You can continue to sharpen your game at that lower limit until your bankroll allows you to move up and take another shot."
I have had a hard time, twice now, stepping down in stakes. In both cases I think I held on to long. The first time I had to step down, I found that there were problems that I had let slip back into my game. I think the second time I may have not had as many problems, but the mistakes I was making combined with the bad run of cards and luck I was having produced the same results as the first down swing. Another factor that I think played a huge impact on my down turn was my love of multi-tabling. The playing multiple tables is not a problem, but sitting down with 15 % of my bankroll at one time in ring games was.
When you set your limits on how much you can sit down with, just remember that's at a time not at each table!
I am currently plugging away again at UB's .05/.10 tables. I'm guessing that playing between the Freerolls and SnGs on other sites and my cash games on UB offers yet another challenge. I just may have to sit back and examine to see if the differences in game strategies may be playing a roll into the shifts I see in each game type.
I may just have to add some articles to this rambling that covers exactly the topic of shifting between games of different strategies.
Good Luck At The Tables All!
What I have found that Chris Ferguson was right on in his article Starting from Zero. About midway down in his article you'll find a couple of things.
"Dropping down and playing lower limits is difficult for a lot of players. They view it as a failure and their egos get in the way."
"You can continue to sharpen your game at that lower limit until your bankroll allows you to move up and take another shot."
I have had a hard time, twice now, stepping down in stakes. In both cases I think I held on to long. The first time I had to step down, I found that there were problems that I had let slip back into my game. I think the second time I may have not had as many problems, but the mistakes I was making combined with the bad run of cards and luck I was having produced the same results as the first down swing. Another factor that I think played a huge impact on my down turn was my love of multi-tabling. The playing multiple tables is not a problem, but sitting down with 15 % of my bankroll at one time in ring games was.
When you set your limits on how much you can sit down with, just remember that's at a time not at each table!
I am currently plugging away again at UB's .05/.10 tables. I'm guessing that playing between the Freerolls and SnGs on other sites and my cash games on UB offers yet another challenge. I just may have to sit back and examine to see if the differences in game strategies may be playing a roll into the shifts I see in each game type.
I may just have to add some articles to this rambling that covers exactly the topic of shifting between games of different strategies.
Good Luck At The Tables All!
