Bay 101 - $100-$200 Limit HE With A Straddle - Bank Roll?

sit down with $6k, fold for an hour, then 5bet johnny chan with rags

Did you have it?

i'm sorry Mr. Imrosovic, I don't remember

He he he yeah

By no means don’t confuse me as a fan. The issue is for people to stop crying for Jack Effel and other TDs to save them from a cheater.

Anyone is feel to dig a new hole in desert

There's no way you need more than $350K

Bankroll management is said to be one of the foundational principles of poker. And even strong winning poker players can go on a substantial downswing.

I would also consider additional costs, like dealer tips, massages and drinks in order to create an informed opinion. Also, if they take Uber they might be subject to surge pricing because of car break-ins in the Bay Area.

One person opined that 5000 BB (or straddle) is the absolute minimum for a limit game and 10,000BB is the absolute minimum No Limit Texas Hold Them. Such theories seem like they make sense. Therefore one can say that their bankroll, not their much larger "life roll" or spending money should be at least $2,000,000 for limit and $4,000,000 for no limit Texas hold them.

You never know… you may start off on a -450k downer before you figure out how to beat the game

You don’t need a $4 million bankroll to play 100/200 NL.
When you play high stakes you can be much more aggressive with bankroll management because presumably there are smaller games that you crush and a lot of stakes you can drop down to where your win rate is still very high, relative to average salaries.
A bankroll to play your lower stakes game ($25-50 etc) plus two-three bullets in the high stakes is fine.
Almost everyone playing high stakes is “under rolled” except for the whale that the game is built around.

Mandatory straddle?

500k seems in the neighborhood of what you need to have absolutely zero risk of ruin.

Of course it depends if you have a whale or two in there consistently dumping then I'd cut that number in half.

If everyone is semi decent at least I'd lean towards the 500k number

Nah, you’d just need $300K plus a round trip coach ticket, a month at the nearest extended stay, and $1500 for meals/incidentals to get me down there to play for you on a 30% freeroll.

lulz

I bet the dealers hate that game with a passion.

This sort of question is so tilting. Game is semi private. Regs who "tip" managers probably decided who get to play. If you are able to play consistently then you shouldn't worry about bankroll and just sell as much as possible. If you are invited to play by pro then you probably don't have that big of an edge and should avoid.

I would say you need more. Otherwise you'll just be scared money, and very scared money once there's a downswing.

But I agree, most poker players are essentially gambling higher than they can afford to.

Doug Polk actually said on a podcast that 1MM was the minimum bankroll needed for 25/50.

None of this makes any sense at all. Of course his bankroll matters. He might need to sell a lot. It might be really stupid to sell.

Oh, darlin’, bless your heart for chasin’ that poker dream all the way from Italy! Now, listen up, sugar, ‘cause this ol’ Southern gal’s gonna set you straight on managin’ that bankroll like you’re tendin’ a garden in the Georgia sun. Poker’s a wild ride, and you don’t wanna be caught with your britches down when the cards turn colder than a January mornin’.

First off, honey, you gotta treat your bankroll like it’s your prized peach pie—don’t go slicin’ it up reckless-like. If you’re grindin’ those $200/$400 games, that’s high cotton, and you need a fat stack to keep from goin’ belly-up. For cash games, I’d say you need 20 to 50 buy-ins, now that’s ‘bout $800,000 to $2 million, assumin’ a buy-in’s 100 big blinds, or $40,000. If you’re a hotshot with a knack for readin’ folks like a Sunday paper, you might squeak by with 10 to 20 buy-ins—$400,000 to $800,000—but don’t you dare get cocky, or variance’ll swat you like a fly at a picnic.
Now, if tournaments are your fancy, Lord have mercy, that’s a whole ‘nother kettle of fish. You’ll need 100 to 200 buy-ins to keep from cryin’ into your sweet tea when the bad beats pile up. At $40,000 a pop, that’s $4 million to $8 million, darlin’. Ain’t no joke—tournaments’ll test your soul like a revival meetin’.

Here’s the gospel, sweetheart: know your skill. If you’re outsmartin’ those fellas like a fox in a henhouse, you can stretch a smaller roll, but if you’re still learnin’ the ropes, stick to the high end. And don’t you go blowin’ your wad on fancy vino or jet-settin’ to every game in Vegas. Set aside some cash—$50,000 a year, maybe—for travel and livin’. Ain’t no sense playin’ like a king if you’re eatin’ beans by candlelight.

Discipline’s the key, my dear. Only move up stakes when your roll’s growin’ like kudzu, and if you take a hit, drop down faster than a hound dog in a rainstorm. Keep track of every dollar, and don’t bet the farm on one hand, no matter how pretty them aces look.

So, start with at least $400,000 for cash games if you’re tighter than a corset, but I’d sleep better knowin’ you got $2 million tucked away. For tournaments, don’t even think ‘bout it without $1 million, and $5 million’s cozier. You grind smart, keep your head, and maybe one day you’ll be sippin’ limoncello with a bracelet on your wrist. Now go on, sugar, and make Nonna proud!

The “minimum bankroll” concept gets fuzzy at high stakes though because the bankroll is supposed to minimize your risk of ruin.

If you’re playing 25/50 regularly and rolled for it and winning in the game you probably have a paid off car, house, etc. So your “ruin” is a default better situation than a lot of people, you’re cash broke in a house.

Bankroll is the most important when you’re a 5/5 or 5/10 player living in an apartment. Past a point when you have a certain level of life security playing higher stakes is just funding lifestyle creep. If you’re a regularly winning 10/20 player and rolled for it with assets and you shot take at 25/50 with a few bullets on top of your 10/20 roll you don’t have to be scared money because you already have a comfortable lifestyle. You can just go back to playing 10/20 if you lose and then if you run horrific after that you can still drop down to 5/10 and still have a decent lifestyle.

Nah it's the opposite.
First of all most people have mortgages their house isn't paid off especially younger poker pros. A lot of these dipshits also buy super expensive cars bc they think the party will never end.

Second off all of you have a million or two bank roll and dust it off that's not replenishable for 99.9 percent of them.

A few bullets is a totally different thing.

If some 1/3 21 year old is trying to work his way up dusts off his 5 or 10k roll bfd. He took a shot ,it didn't work out and he can easily get it back working in a short amount of time.

(1) I am assuming that "100-200" means $50 & $100 blinds, $200 straddle, raise size of $100 pre and bet and raise size $100 on the flop, and bet and raise size of $200 on the turn and river.

Conventional wisdom is that a winning player needs a bankroll of about 300 big bets to play limit hold'em with minimal risk of ruin. For this game, that would be just $60,000. The straddle is going to raise variance, and the loose-aggressive character of the game will do so also. I would say that $100,000 should be adequate ... for someone who knows what they are doing playing LHE.

(2) The Mid-High Stakes Limit forum, a sub-forum of Other Poker Games, is a much better forum for questions like this than NVG. There are far fewer trolls and ignorant clowns, and a lot of people who know what they are talking about. (Spoiler warning: DonJuan knows what he is talking about.)

Mods, do you suppose you could move this thread there?

This isn’t getting the love it deserves

if you have $2 million in cash and no house you should buy a house
fwiw i started off playing the $40 at commerce, took shots aggressively and ended up buying a house at the bottom of the market in 2014

I agree. but what most poker players do is completely different.