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Basic Strategy: Tips : Position : Starting Hands : Bluffing : Betting : Money Management
Being able to keep control of the money you play with at the poker
table is an essential skill for any winning player.
However, playing at ridiculously low stakes in relation to the size of our bankroll is not the
answer, as we need to give ourselves a chance of actually winning a decent amount of money
from our time spent at the tables.
And so on. The same thing applies to money management in Sit and Go tournaments as it
does with Texas Hold'em cash games.
It's not uncommon to have runs where you lose 5 or more buy ins
playing cash games, which is why 20 buy-ins gives you a big enough
cushion to absorb such a hit and battle away with a respectable bankroll
amount.
If you are more of a casual player looking to play poker with money that
you can very comfortably afford to lose, then these rules are going to be too strict for you (I
bet that's a relief). These guidelines have been put forward primarily for players who want to
try and build a big bankroll and move up the limits, safely earning more and more money as
they go along.
As a casual player, you can pretty much set your own rules if you are not overly concerned
about losing your money to a bad run of cards.
If you manage to play solid poker and take your bankroll up to $4,000, you will then
have 20 buy ins for the $1/$2 game. Depending on how comfortable you are with
switching up levels, there is no reason why you couldn't leave the 50c/$1 stakes and
start playing at the next level. If things go wrong and you end up losing a few buy
ins you can always move back down, but with 20 buy ins you are safely bankrolled
to play at the higher stakes.
Conversely, if you happen to hit a bad run of cards and you lose 6 or more buy ins,
leaving you with 19 buy ins, you should consider moving down to the 25c/50c game
until you win enough money to get back up to 20 buy ins for the 50c/$1 game.
Personally, I would typically wait until I hit 15 buy-ins remaining before deciding to
move down a level to safely recoup losses, but this all depends on how much of a
risk you are willing to take.
Best of luck.