I've built a bankroll through sitngos at very low limits. The main problem is the variance is high in sitngos just like with any tournament (but probably even worse) so you need a lot of bankroll to withstand fluctuations (variance). I've heard recommendations of 200 dollars of bankroll for 5 dollar sitngos. I'm pretty good at them and I think this amount will probably only minimize risk or ruin to about 95 percent.
After playing for a while, I've really accepted how importance variance is and played with much smaller amounts of my overall bankroll on a table.
For cash games, Chris Ferguson recommends 10 percent as an upper threshold and if your bankroll is partly used for expenses and not purely set aside for poker, 5 percent. For tournaments, you'd have to increase this amount. Increase it for stud and omaha over holdem as well. And increase it for limit versus pot limit/no limit. |