View Single Post
  #2 (permalink)  
Old 09-10-05, 05:54 AM
JasonKirk JasonKirk is offline
Bubble
 
Join Date: Aug 2005
Location: outside Nashville, TN
Posts: 98
BBP Points: 0
Exclamation How willing are you to go broke?

Quote:
Originally Posted by Texas72
I don't really have the 300BB roll that is recommended, but I figure I can always add to it if need be. Bad thinking?

I read once where Jennifer Harman said she thought the absolute key to surviving is to make sure you have enough in the bankroll to weather the swings. If you hit a bad streak at a limit you can afford, your bankroll just gets dented before it swings back up again. If you hit a bad streak at a limit above what you can afford, you're going to go broke.

Now, that doesn't mean you shouldn't move up - you may be at a point where you're capable of winning at a higher level. I suspect you'd have a chance at winning, April, but I don't know the details of your situation so I can't say whether that's true. If you think you can win, and you're willing to invest outside money in a bankroll to play higher limits, that could be a very good decision for you. But if you're even considering it without outside investment, I think that the foremost decision you should make ought to concern itself with just how willing you are to go broke. If you can tolerate it, it may be worth it to take a shot and moving up. You can always build a roll for the low limits again in no time. :-)

I've been assuming the whole time that we're talking limit here, and not no-limit. If you're thinking about moving up in no-limit, the bankroll requirements for weathering swings are even more extreme and you need to measure your willingness to go broke accordingly. But you already know that!
__________________
Catching the Antichrist - Saving fish from their chips, one piscoid at a time (catchingtheantichrist - dot- jasonkirk -dot- net)
Reply With Quote