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Poker Discussion
General Poker
Chris 'Fox' Wallace (Poker Pro, Coach and Author) - Ask Me Anything!
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[QUOTE="ChrisFoxWallace, post: 6231726, member: 474011"] I wish there was an easy answer for this. The answer is dependent on a few factors. 1. Field size. In a field of ten, or even fifty, you are going to win a lot more often. In a field of five thousand, you are almost never going to win, no matter how good you are. So the fields that you are playing should have a big effect on what you choose to play. In fields over a few hundred players, the bankroll number is really hard to calculate, but would be quite large. 2. Your ROI. This one is also hard to calculate exactly, because both you, and the game, have changed since you played your last thousand tournaments. But if you are a big winner, the necessary bankroll number will be much smaller. 3. Your risk tolerance. I tend to play well below my bankroll because the only thing that really tilts me is a downswing. If I lose even 5% of my roll on a rough patch, I'm stressed out. 10% makes me annoyed until I win it back. 4. Whether you can add to, or replace, your bankroll if you need to. . If you are playing $5 tournaments and make 100k a year, then don't worry about bankroll at all. If you are playing $500 tournaments and you play poker for a living, then bankroll management is super important. So start with 50 buy-ins for MTTs and then modify that number significantly based on how you feel about the factors above. [/QUOTE]
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Chris 'Fox' Wallace (Poker Pro, Coach and Author) - Ask Me Anything!
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