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Bankroll Minimum

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Bankroll Minimum - Thu May 02, 2013, 02:02 PM
(#1)
tjoppie21's Avatar
Since: Apr 2013
Posts: 2
good evening, i hope someone can give me some words of wisdom, as i am new to the poker world, and i am pretty sure that my question is a pretty silly one, but i'll give it a go.

Q. what should be the minimum bankroll, for a start up poker player?

any thoughts?

thanks again
tjoppie21
 
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Thu May 02, 2013, 02:04 PM
(#2)
mike2198's Avatar
Since: Jan 2013
Posts: 1,485
A couple of dollars and play the 2cent tables
 
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Thu May 02, 2013, 02:34 PM
(#3)
tjoppie21's Avatar
Since: Apr 2013
Posts: 2
thanks, i'm guessing that's where you started?!
 
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Fri May 03, 2013, 05:41 AM
(#4)
royalraise85's Avatar
Since: Jul 2011
Posts: 26,026
(Community Coordinator)
Quote:
Originally Posted by tjoppie21 View Post
good evening, i hope someone can give me some words of wisdom
Hello,

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We're here to help you so please feel free to ask any questions you may have and thank you for being a member of PokerSchoolOnline.

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Fri May 03, 2013, 09:38 AM
(#5)
ferdyr77's Avatar
Since: Dec 2011
Posts: 88
Tjoppie,

It depends on what u can miss, but a 20 buyin would be fine.
And because 2NL is the lowest stake, I would go for a 40+ bucks roll.

Ferdy
 
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Fri May 03, 2013, 10:44 AM
(#6)
Grade b's Avatar
Since: Jun 2010
Posts: 3,604
Hi Tjoppie21,

What games are you thinking of starting with?


You would need a differant buy-in level for differant reasons.

As a purely recreational player you may be happy to deposit $20 each month while you learn the games.

As a Budding Serious player you would want to map out your progression and money a lot closer.

At the lowest level you can't really say you should x amount...but for the next level up you should have a certain number of Buy-ins before you play that level. (a buy-in is the amount of money you put on the table, so a buy-in for 2cent No-Limit, the buy in is $2.00 (100 big blinds) for a 25 cent sit and go the buy in is 25 cents)

Lots of players start with 25 cent 45 man sit and go. As a risk taking player (if you don't mind reloading) you could get away with 50 buy-ins so $12.50. A better level would be (thanks JWK for the advice) 100 buy-ins so $25 and a professional would like to have 250 buy ins $62.50.

A simular thing for Cash games will you play limit games? then 20 buy-ins (recrations / learning), 40 buy ins(serious) and 100 buy-ins (pro)

or no limit ThenJoining

50 buy-ins 100 buy ins and 250 buy ins

For Pro you can read Less risk, but while you are learning the games you can expect some loses.

I would recommend attending live trainings and asking lots of questions,
just as you are now.

We too were New once and most members here remeber that are are more than happy to help their fellow Players.



Good luck at the games


Grade b


I am always ready to learn although I do not always like being taught. ~Winston Churchill

13 Time Bracelet Winner


 
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Fri May 03, 2013, 10:57 AM
(#7)
JWK24's Avatar
Since: Jun 2010
Posts: 24,819
(Super-Moderator)
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Hi tjoppie21!

I'm one that built my bankroll from scratch, thru freerolls, then going into cash tourneys, then into cash ring games. I've always used 100 buy-ins for playing online tournaments. For cash rings, I've always tried to have at least 50 max buy-ins, and always buy-in for the max when playing one.

The reason for these higher numbers is that players WILL go thru variance runs. Even in the 45 player SNG's, while I've always run at good numbers in them (40+% ITM and 30+% ROI), I've had plenty of streaks of 20-30+ games in a row where I haven't cashed even a single time.

These runs can be even worse if you're playing in big MTT's.... they're a part of poker and we need to be ready to handle them with our bankroll.

Hope this helps and good luck at the tables.

John (JWK24)


Super-Moderator



6 Time Bracelet Winner


 
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Fri May 03, 2013, 12:13 PM
(#8)
ArtySmokesPS's Avatar
Since: Oct 2011
Posts: 7,353
I'm a bankroll nit and generally like to have 30 buyins of 100bb, so for 2NL I think $60 is good, but you don't have to deposit it all at once. I started with $50 on Stars, but I'd already won some money on another site, so wasn't at a great risk of going busto.
Pokerstars offers great bonuses for depositors, so check the promotions page at http://www.pokerstars.com/poker/promotions/
If you input the special code (e.g. "STARS600"), you'll automatically get tickets for some freerolls to play alongside the cash games, and can also clear a bonus by collecting VPPs.

Good luck!


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