Good Bankroll Management is Critical for SNG Success, this article looks at
what size bankroll Sit N Go Players should work with for the most poker profits.
Bankroll management in Spin & Go Spin &Go discipline is highly dispersive and it requires a substantial approach to the bankroll management. In order to find out how many buy-ins you need for a comfortable game, you have to determine your ROI. You can do this after the first thousand of played tournaments. Re: Spin & Go's using a 20 buyin bankroll? You can't get to $10k with a 20bb bankroll because there are no $500 spins. If you wanted to go to $4k though and start with $300 at $15s then you have 3 levels to fall back to, giving you 10 buy ins each drop and 20 buy ins at the last level.
Good Bankroll Management is a critical success factor in any form of poker. In fact poker history is full of examples of great players ending up broke due to not managing their poker bankroll correctly.
Sit And Go Bankroll Management - The Key To Good Bankroll Management in SNGs
You need to have enough buy-ins to ensure that you do not go broke due to the natural swings (variance) of the game. The question is then - what are the swings that a SNG player can expect?
This will depend on the buy-in level at which you play and your profitability. Large sample-size surveys have found that - statistically speaking - even a Winning SNG player will experience a downswing of 20+ buy-ins once every 500 games. That is not to say everyone will experience this - the nature of an average means that some people will see less variance while others will see more. To many new players, particularly those who start off on a decent run of results, a 20 buy-in downswing can feel hard to believe. Statistics from millions of games, and analysis of the very best players show that this is actually extremely common. If you play long enough there is a very good chance of a 50+ buy-in downswing in your future, even if you are a solid winning player! There is no need to be too down about this idea - remember you will experience the good side of variance too!
Sit And Go Bankroll Management - Protecting Yourself From The Natural Variance Of Poker Games
So how can you protect against these swings of fortune? The answer is to ensure you have a big enough bankroll to withstand them. Most Pro SNG players recommend that the minimum requirement is 50 buy-ins for the level at which you play. Others suggest that a 100 buy-in SNG bankroll will effectively shield you from any thoughts / concerns about variance.
Here is what your 50 buy-in Bankroll should look like for the various levels.
$3+30 SNGs = $165
$5+50 SNGS = $275
$10+1 SNGs = $550
$20+2 SNGs = $1100
$25+2 SNGs = $1350
$30+3 SNGs = $1650
$55+5 SNGs = $3000
$100+9 SNGs = $5450
Another key to poker bankroll management is your ability to replenish your bankroll should you go broke. For some people, particularly those who play the occasional game for leisure purposes, this is not an issue - they can simply set aside a portion of their disposable income to cover this. For those people who rely on poker income (for example to see themselves through college) then it is important to maintain good discipline with your bankroll.
Planet Mark's Thoughts: It seems obvious that your profits (and so bankroll) will get a big boost from finding the softest games. In my experience, players get 'sticky', and end up playing at sites which are full of profitable regulars. If you do one thing for your bankroll this year, spend some time finding the softest, easiest to beat games.
For US players, this is a no-brainer, Bovada - with their recreational player policy - are bigger and softer than any other site.
If you are outside of the US, you'll find a lot of sites infested with Eastern Euro nits. I strongly recommend checking out Party Poker. The games are super-soft, the bonuses generous (including up to 40% cashback, paid automatically every Monday) and there are plenty enough games to get the required volume in. Grab some tournament tokens when you join (bonus code SNGPLANET) and check out www.partypoker.com for yourself now!
SIt And Go Bankroll Management – Smart Players Re-Invest Their Gains
While we all love cashing out and enjoying the fruits of our efforts – the smartest players re-invest their profits in tools to help them make even bigger returns later. There are now many poker software tools available to help you plug leaks, assess opponent tendencies and act as real-time advice and odds calculators. Check out ICMIZER (there is a free trial) and see what a big difference knowing profitable push / fold strategy will make to your returns!
Sit And Go Bankroll Management - Individual Factors
These guidelines are based on a stereotype of the 'serious' or semi-pro player. There is another category of players who treat poker more as a liesure activity than an obsession! These players still want to win, and many of them do, however the strict bankroll management rules do not need to apply so strongly to them.
If you are able to reload your account every couple of months, and treat this as money well spent to have some fun playing poker, then I suggest 20 buy-ins as your guideline for playing Sit N Go tournaments. This will shield you from all but the worst downswings, and will be more of a challenge than playing for the smaller stakes.
Your style of play should also be factored in. Some players are naturally more loose and aggressive than others. Whether this is 'good' for the mechanical nature of Sit N Goes is debated elsewhere on this site. Here I will note that a tight and solid player will still experience variance, however this will not be anywhere near as big as the swings a Loose-Aggressive maniac would suffer. You can adjust the number of buy-ins based on your style, but just a little!
Sit And Go Bankroll Management - Different Games
This article focuses on the standard speed and turbo 9-handed games. With so many Sit N Go variations around these days, you need to be able to adjust your bankroll management to suit the variability of your results. Here are a few examples:
- Hyper / Super Turbo Sit N Goes: Fast and crazy games, swings will be bigger in these, increase the guidline amounts by at least 50%
- Double / Nothing or Fifty50: More get paid and very easy / mechanical strategy here, bankroll guidelines can be reduced a little.
- Knockout Sit N Goes: More recreational feel / novice type players attracted to these games, though bounties do balance the increased variance, suggest the same bankroll as standard SNGs.
- Steps Sit N Goes: A lot of smaller losses / try again spots and only the occasional big win. These games can still be profitable, but the wins will be a long time in coming (on average) increase your bankroll significantly.
- Multi-Table Sit N Goes: Bigger wins for 1st, more losses, I advise standard bankroll practices for 2-table games, a little bigger for 45 player SNGs and 90 to 180 SNGs need MTT size bankrolls (100 buy-ins).
Sit And Go Bankroll Managment - When To Move Up Levels
Good bankroll discipline can provide you with an indicator of when to move up SNG levels. The '50 buy-in' rule means that the bankroll required for the next level is easy to assess. If you experience a negative run at the higher level then it becomes easy to drop back down and rebuild before taking another shot.I am a fan of taking the occasional shot, which will move you up earlier and give you a chance of making it big before life's other demands take over - you can do this easily in Sit N Goes when you win a few buy-ins for the next level up. As long as you have the discipline not to chase losses, you'll put yourself in a great position to go on a tear!
Why Are You Playing Against Online Poker Pros?
If you are playing against profitable regulars, your bankroll is experiencing a headwind that is difficult to overcome.
I recommend taking a time out, finding the softest games for your location - and watching your bankroll take off!
For US players, no site comes close to www.bovada.lv. They have a recreational player model, anonymous games and tons of action. Go look for youself.
Outside of the US, you'll find more fish per table at Party Poker than any other site. If you are playing against multi-tabliing Eastern Euro nits, it is time to switch! Check out www.partypoker.com and you'll see the difference.
More On The Key Concepts Of Managing (and growing) Your Poker Bankroll
Convertible poker table dining table. Want to experience the rush of Spin & Go's but with more players, more variety, and more ways to maximise your winnings? Then get ready for Spin & Go Max!
Read on for more on how each tournament works, then head to the 'Spin & Go' tab and 'Max Hold'em' (or the 'Spin & Go Max' tab if playing on mobile) in your game lobby to start playing.
Spin & Go Max - Step-by-Step Guide
SIt And Go Bankroll Management – Smart Players Re-Invest Their Gains
While we all love cashing out and enjoying the fruits of our efforts – the smartest players re-invest their profits in tools to help them make even bigger returns later. There are now many poker software tools available to help you plug leaks, assess opponent tendencies and act as real-time advice and odds calculators. Check out ICMIZER (there is a free trial) and see what a big difference knowing profitable push / fold strategy will make to your returns!
Sit And Go Bankroll Management - Individual Factors
These guidelines are based on a stereotype of the 'serious' or semi-pro player. There is another category of players who treat poker more as a liesure activity than an obsession! These players still want to win, and many of them do, however the strict bankroll management rules do not need to apply so strongly to them.
If you are able to reload your account every couple of months, and treat this as money well spent to have some fun playing poker, then I suggest 20 buy-ins as your guideline for playing Sit N Go tournaments. This will shield you from all but the worst downswings, and will be more of a challenge than playing for the smaller stakes.
Your style of play should also be factored in. Some players are naturally more loose and aggressive than others. Whether this is 'good' for the mechanical nature of Sit N Goes is debated elsewhere on this site. Here I will note that a tight and solid player will still experience variance, however this will not be anywhere near as big as the swings a Loose-Aggressive maniac would suffer. You can adjust the number of buy-ins based on your style, but just a little!
Sit And Go Bankroll Management - Different Games
This article focuses on the standard speed and turbo 9-handed games. With so many Sit N Go variations around these days, you need to be able to adjust your bankroll management to suit the variability of your results. Here are a few examples:
- Hyper / Super Turbo Sit N Goes: Fast and crazy games, swings will be bigger in these, increase the guidline amounts by at least 50%
- Double / Nothing or Fifty50: More get paid and very easy / mechanical strategy here, bankroll guidelines can be reduced a little.
- Knockout Sit N Goes: More recreational feel / novice type players attracted to these games, though bounties do balance the increased variance, suggest the same bankroll as standard SNGs.
- Steps Sit N Goes: A lot of smaller losses / try again spots and only the occasional big win. These games can still be profitable, but the wins will be a long time in coming (on average) increase your bankroll significantly.
- Multi-Table Sit N Goes: Bigger wins for 1st, more losses, I advise standard bankroll practices for 2-table games, a little bigger for 45 player SNGs and 90 to 180 SNGs need MTT size bankrolls (100 buy-ins).
Sit And Go Bankroll Managment - When To Move Up Levels
Good bankroll discipline can provide you with an indicator of when to move up SNG levels. The '50 buy-in' rule means that the bankroll required for the next level is easy to assess. If you experience a negative run at the higher level then it becomes easy to drop back down and rebuild before taking another shot.I am a fan of taking the occasional shot, which will move you up earlier and give you a chance of making it big before life's other demands take over - you can do this easily in Sit N Goes when you win a few buy-ins for the next level up. As long as you have the discipline not to chase losses, you'll put yourself in a great position to go on a tear!
Why Are You Playing Against Online Poker Pros?
If you are playing against profitable regulars, your bankroll is experiencing a headwind that is difficult to overcome.
I recommend taking a time out, finding the softest games for your location - and watching your bankroll take off!
For US players, no site comes close to www.bovada.lv. They have a recreational player model, anonymous games and tons of action. Go look for youself.
Outside of the US, you'll find more fish per table at Party Poker than any other site. If you are playing against multi-tabliing Eastern Euro nits, it is time to switch! Check out www.partypoker.com and you'll see the difference.
More On The Key Concepts Of Managing (and growing) Your Poker Bankroll
Convertible poker table dining table. Want to experience the rush of Spin & Go's but with more players, more variety, and more ways to maximise your winnings? Then get ready for Spin & Go Max!
Read on for more on how each tournament works, then head to the 'Spin & Go' tab and 'Max Hold'em' (or the 'Spin & Go Max' tab if playing on mobile) in your game lobby to start playing.
Spin & Go Max - Step-by-Step Guide
Before you hit the Spin & Go Max tables, or if you want a quick refresher, make sure you read our simple step-by-step guide to gameplay and prizes.
Poker Bankroll Management Spin And Go Karts
The number of players in a given Spin & Go Max tournament is not known before you register. Instead, a random draw held before the tournament starts will decide the number of players, whicj will directly influence the prize pool.
Here's how it works: before play starts, three spinners will show three potential prizes for the tournament's eventual winner. When play ends, the prizes will be shuffled and hidden. The winner will then pick one of the prizes (see Step 5) at random.
Poker Bankroll Management Spin And Goes
If more than one player will be paid, this will be specified in the tournament lobby. Prizes for second place or lower are fixed after the pre-game spins, and are not affected by whatever prize the first-place selects post-game.
If the top prize is drawn on one of the pre-game spinners, it will be guaranteed and the winner will not have to choose from the initial three options when the tournament ends.
Poker Bankroll Management Spin And Go Away
Number of players decided and prizes determined? Okay, it's time to start playing poker. Each Spin & Go Max tournament is No Limit Hold'em, but if no winner is decided within a certain number of hands it's time to go all-in!
Once gameplay begins, a special countdown will show how many hands are left until all players remaining in the game go all-in (see Step 4). Please Note: a Spin & Go Max will only enter all-in mode if no winner is determined within the allotted number of hands - as dictated by buy-in level and total number of players.
Want to know the rules of No Limit Hold'em? Check out our rules page here.
After the specified number of hands has been played, and the counter has reached zero, your Spin & Go Max will switch to fast-paced all-in mode. The winner will then be quickly decided, as all remaining players will be all-in on every hand until there is only one player standing. Hold on to your seats!
Whether you win a Spin & Go Max outright, or beat all comers in all-in mode, you'll get the chance to pick your prize. Gaming machine parts.
Prizes drawn before the game will re-appear and then be shuffled and hidden. The winner will have 45 seconds to pick from one of the three hidden prizes. If they don't act in time the prize will be randomly selected for them.
If the highest possible pay-out is drawn on one of the pre-game spinners, the prize will be guaranteed and the winner will not have to choose from the initial three options when the tournament ends.
If you have any questions about Spin & Go Max tournaments, contact Support and we'll be happy to help.
