Plan B - Bankroll - Reality

Plan B – Bankroll – Reality

Bankroll management is for winning players only – Yes, I know.

Still You got to have some kind of plan to move forward, even without being winning player already.

There is 201 days left of this year/ half year. Still on level one at the microgames. NL2 – blinds 0.02 and Not the winning player.

I play mostly at zoom and starting with 4 tables. Lately, my goals are:

• to play max 1-hour sessions and 20 sessions per week (realistic time to spend per week by playing poker)
• If my win rate is 10/100 after half an hour of the game, I will finish all four tables. (Important is to try and keep winnings and not to lose them during session)
• If I win 50% or more at the table ($ 3.00), I will leave this table and will not add a new one during this session. (importance to keep winnings)
• If I loose money at the table – I will not add more chips and will give up this table for this session (importance to keep control over bankroll)
• Mostly to play ''boring'' EV plus game. (To avoid ''fancy play syndrome''. Next article I will explain my views).
• Not to take part in any competitions except cash game ones. (To focus one type of game till mastering it)
• Not to play tournaments or other games, if 20 hours per week plan is not fully filled. (Focus to plan B)

Right now I play at the four tables per session and my estimated hands' count is 700 – 800 per hour. The very possible fact will be – I'm not able to finish the session by playing with all 4 tables at the end. Realistically I will loose some and I might win some. Let say - my hand count at the end of the session will be 500 approx.

If I will manage to play 20 sessions per week, it will take me up to 10 000 hands per week and to 40 000 hands per month.

Also, If I will manage to keep up a positive win rate all month, then I will earn accordingly:

4/100 = 0.08 cents per 100 hands;

1 session 500 hands = 0.40 cents;

20 sessions = $8 and 40 000 hands

My possible win during the week will be 8 dollars and during the month around 32 dollars. The other way to say it is: during my 20 hours play week I will earn 32 dollars, it will be 1.60 per hour. Sad, but true.

6/100 = 0.12 cents per 100 hands

1 session 500 hands = 0.60 cents

20 sessions = $12 and 40 000 hands

My possible win during the week will be 12 dollars and during the month around 48 dollars. Another way to say it is: during my 20-hour play the week I will earn 48 dollars, which takes me to 2 dollars 40 cents per hour. Still pretty sad.

8/100 = 0.16 cents per 100 hands

1 session 500 hands = 0.80 cents

20 sessions = $16 and 40 000 hands

My possible win during the week will be 16 dollars and during the month around 64 dollars. The other way to say it: during my 20 hours play week I will be able to earn 64 dollars = $3.20 per hour. Way above the minimum hourly rate in real world

According to my readings:

Marginal/winning players rate is 1.5 -2 per 100 hands

Good winning players rate is around 5 per 100 hands

Top winning players rate is 8 per 100 hands

Bit more true but sad math.

Assuming I will start with bankroll 40 buy-ins per level. Which is still recommended if you are not a complete beginner. More is better and if complete beginner it is at least 100 buy-ins.

LEVEL 1 40 buy ins - $80

LEVEL 2 40 buy ins - $200

To move up from level 1 to level 2 I should earn $120:

4/100 with month earnings $32 and 40 000 hands it will take me 3,75 months and 150 000 hands;

6/100 with month earnings $48 and 40 000 hands it will take me 2,5 months and 100 000 hands;

8/100 with month earnings $64 and 40 000 hands it will take me 1 month and 40 000 hands approx.

So, for good winning player it will take around 2,5 months to move up from level 1 to level 2 and top winning players can do it with less than a month.

My previous goal to beat 5 Levels during the year is still realistic, but only if I can move up to winning the players' level.

Only way to keep up my dream and beat 5 levels during this year is to reduce buy-ins at level 1.

Keep in mind – bankroll is only for winning players. I'm not – so, I even don't have to call it to bankroll. Let's call it my own play money and let say it is $40 – 20 buy-ins. The money I can put in to reach my dream. It is not much more then dinner out and I don't have to cry over it – just, if I will lose it, then next Friday I will eat at home and cook by myself

LEVEL 1 20 buy ins - $40

LEVEL2 20 buy ins - $100

To move up from level 1 to level 2, I should earn $60

4/100 with month earnings $32 and 40 000 hands it will take me 1,87 months and 75 000 hands;

6/100 with month earnings $48 and 40 000 hands it will take me 1,25 months and 50 000 hands;

8/100 with month earnings $60 and 40 000 hands it will take me 1 month and 40 000 hands

Max, I can give to me for moving from level one to level two. Wish me luck :)