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Thread: maintaining bankroll? what do you do?

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    maintaining bankroll? what do you do?

    here is a question when you win a hand how do you manage the money?
    Do you take anything you have won and move it into a separate winning pile or do you maintain your bankroll?
    For example if you go into the casino with two hundred do you recycle the money you make back into that bank roll to keep it at 200 as long as you can or do you pull anything you make out and count it as a winning and does it remain untouched.
    I have been keeping a ethos of anything that goes over my original funds as a profit and pulling it from the table and I will work to maintain my original amount as long as possible and when i double my money I will then stop worrying about maintaining it and take everything I win from there on out as profit.
    Are there better methods anyone has?

  2. #2


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    Pocketing chips doesn't really impact you that much, unless you are trying to set artificial win/loss limits. Is there a difference between playing 100 hands today and 100 hands tomorrow, vs 200 hands today?

    Also if you are rat-holing chips, the casino might give you more attention.

  3. #3


    1 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
    Your bankroll should be able to withstand the ups and downs (variance) to a certain degree of certainty. For instance, you need to have an amount of money that would give you a 98% certainty of not going bust. If this makes no sense to you...search for postings in this forum that are about RoR (Risk of Ruin). Also look into purchasing CVCX to make it easy to figure out how large a bankroll you need and how much you should bet.

    It sounds like you are approaching this as a replenish-able bankroll but it is at too small an amount. You will frequently go broke during times that you would have done better with more money. Even a trip bankroll that small will force you to leave the game at high counts on many occasions. It will also force you to play the worst games, so that even wonging will not save you. If you insist upon playing with small bankrolls (not advised) you should always add to it (pretend you lost and bring in new money every time you play), and never spend anything until you have saved up enough money to play with a reasonable RoR and EV.

  4. #4


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    Thank you I will look into the CVCX program and. What in your opinion is a good bankroll? I always felt 1000k was a good way to go but right now I am dabbling with 150-350.

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    Quote Originally Posted by carib82 View Post
    Thank you I will look into the CVCX program and. What in your opinion is a good bankroll? I always felt 1000k was a good way to go but right now I am dabbling with 150-350.
    1000k = 1 million, so by extension, 150-350 suggests 150,000 to 350,000. Is that what you mean?, or the other.

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    no no. I am not a high roller as of yet I am new to the game. Forgive the confusion please I meant 150 - 350 dollars though I feel playing with 1000k will be my best option. I do not feel I am ready to go up that high yet though.

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    Quote Originally Posted by carib82 View Post
    no no. I am not a high roller as of yet I am new to the game. Forgive the confusion please I meant 150 - 350 dollars though I feel playing with 1000k will be my best option. I do not feel I am ready to go up that high yet though.
    Your money will likely be gone soon with only $150. What will be your minimum bet size? Take that number times 1,000. To keep it simple that will give you a ROUGH IDEA of how much you should have in order to keep your risk on the low end for counting cards. The point being I hope that opens up your eyes to the fact that you need much more than just $150 to stay alive & survive through the negative swings in the game (called "negative variance").

    By the way, you have not yet mentioned anything about counting cards. Perhaps we should back up before even talking about variance, etc.: have you learned how to count cards yet? Do you intend to?

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    Quote Originally Posted by carib82 View Post
    no no. I am not a high roller as of yet I am new to the game. Forgive the confusion please I meant 150 - 350 dollars though I feel playing with 1000k will be my best option. I do not feel I am ready to go up that high yet though.
    You said 1000k again.

    Do you really intend to have a one million dollar bankroll? If so, please let me know how you intend to get there, and I'll join in on that.

    I think you're confusing "1000" and "1k"? "K" indicates a multiple of a thousand.

    Are you trying to say a bankroll of $1000, and you are currently at $150?

  9. #9
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    Quote Originally Posted by nighterfighter View Post
    You said 1000k again.

    Do you really intend to have a one million dollar bankroll? If so, please let me know how you intend to get there, and I'll join in on that.

    I think you're confusing "1000" and "1k"? "K" indicates a multiple of a thousand.

    Are you trying to say a bankroll of $1000, and you are currently at $150?
    It's a common mistake I have heard spoken often -

    "I won a thousand grand!"
    "Really? you won a million dollars?"
    "No, a thousand grand"

    Speaks volumes...

  10. #10


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    Quote Originally Posted by BJPloppy View Post
    Your bankroll should be able to withstand the ups and downs (variance) to a certain degree of certainty. For instance, you need to have an amount of money that would give you a 98% certainty of not going bust. If this makes no sense to you...search for postings in this forum that are about RoR (Risk of Ruin). Also look into purchasing CVCX to make it easy to figure out how large a bankroll you need and how much you should bet.

    It sounds like you are approaching this as a replenish-able bankroll but it is at too small an amount. You will frequently go broke during times that you would have done better with more money. Even a trip bankroll that small will force you to leave the game at high counts on many occasions. It will also force you to play the worst games, so that even wonging will not save you. If you insist upon playing with small bankrolls (not advised) you should always add to it (pretend you lost and bring in new money every time you play), and never spend anything until you have saved up enough money to play with a reasonable RoR and EV.
    This of course is correct and standard advice. But is it really applicable if you are not a professional? I don't really think so. First off the obvious, if you're not a winning player it doesn't matter what size your BR is. But if you are simply a recreational player that wants to take the game seriously and play a winning game AND have extra money (trip BR) that's really all a rec player should be concerned with. Take reasonable shots and build a BR. But you have to be honest with yourself about the money...is it really disposable or are you playing with the grocery money?

    If you have $500 you really, truly can afford to lose, put it in your sock drawer. Take it with you when you go to the casino and if you win put it all away and forget it. If you lose, replace the $500 when you can and try again.

    If you only have a couple of hours to put in playing a decent 6D spreading 5-80 with $500 you've got less than 1 in 5 chance of going broke and 80% chance of hitting some positive variance.

  11. #11


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    “But if you are simply a recreational player that wants to take the game seriously and play a winning game AND have extra money (trip BR) that's really all a rec player should be concerned with. Take reasonable shots and build a BR. But you have to be honest with yourself about the money...is it really disposable or are you playing with the grocery money?”

    For 98% of those who go into card counting, this is all you can be, a recreational card counter. Sort of like all those who like basketball, only 1% can get to the NBA, maybe 10% can be pros eeking out a living and the other 90% end up enjoying the local gyms.

  12. #12


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    Quote Originally Posted by ZeeBabar View Post
    Sort of like all those who like basketball, only 1% can get to the NBA, maybe 10% can be pros eeking out a living and the other 90% end up enjoying the local gyms.
    I would think these numbers would be much smaller...

  13. #13


    1 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
    I disagree that somebody just learning the game needs to have a bankroll 1000 times their minimum wager. There is a huge difference between the professional and the recreational player - especially if the recreational player is a novice. consider the cheap $5 table. Should a novice really have (and be willing to risk!) $5,000?

    Rather... A recreational player will gamble with his/her "entertainment" money - preferably what s/he reasonably budgets on a monthly basis. However seriously s/he takes the game, when the money is gone, s/he should stop playing until more "entertainment" money is budgeted. This does not stop the rec player from learning to play well. It simply means that, while learning, s/he should not comport him/herself as a professional

    Here is what I did: I gave myself a $200/mo. budget. in March, I lost it. In April, I replenished the $200 and won $1200. I now had a $1400 bankroll and no longer replenished from my household budget. in May, I lost $200 (bankroll = $1200). In June I won roughly $600 and so far in July, I am up $500. I now have a $2300 bankroll. Some of which, I will put into savings at the end of the month.

    As a recreational player, I approach my budget very differently than somebody who is making a living at the tables. However, i would, at this point, be a damn fool to bring $5000 to a casino and be willing to risk it. I limit myself to losing $200 in a day (unless I am in the middle of a shop with a very advantageous count...) I would suggest that anybody just starting out approach bankroll management more like this (with dollar amounts set in accordance with a personal budget) than what a professional player would need to do.

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