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Stake requests
mporter123:
A question related to staking and bankroll management.
Lets say we have a bankroll that currently stands at $220 which we are using only for MTT"s. By using strict bankroll management of 100buyins we have only recently included the $2 tournaments and plan to follow this strategy as the roll grows including the $3 tourneys when we reach $300 and so on.
We draw up a schedule of 21 tourneys ranging from $2-$5 buyins totalling $79.10 with an average stake $3.77.
How much should we be looking to sell based on current bankroll? How do we make this calculation?
*This is not a request for staking*
thinsy147:
--- Quote from: mporter123 on October 28, 2011, 14:28:46 PM ---
A question related to staking and bankroll management.
Lets say we have a bankroll that currently stands at $220 which we are using only for MTT"s. By using strict bankroll management of 100buyins we have only recently included the $2 tournaments and plan to follow this strategy as the roll grows including the $3 tourneys when we reach $300 and so on.
We draw up a schedule of 21 tourneys ranging from $2-$5 buyins totalling $79.10 with an average stake $3.77.
How much should we be looking to sell based on current bankroll? How do we make this calculation?
*This is not a request for staking*
--- End quote ---
Calculated answer from a non-expert geek
Surely you want to stick with your own 100 buy-ins. So, out of the average $3.77 buy-in you would be looking at playing with $2.20 of your own money....
$3.77 divided by $2.20 = 0.583 (this means you can afford to stake yourself for 58.3%).
Therefore, you should sell about 42%
(this is based on selling at 1:1)
*waits to be proved wrong!*
mporter123:
This was the logic I used but it doesnt take into account us falling below the $200 mark at some point in the stake - i.e. bricking the first 10 tournaments.
thinsy147:
That is true but if it went the other way and you binked a win or two, you wouldn"t move up in buy-ins either!
If your playing it as a group then change stakes accordingly at the end.
min acc balance at end of session = $173.80
max acc balance at end of session = as the Duke would say "Priceless"
If you want a cushion then sell more (50-60%) or try and sell at 1:1.2 :P
Personally I"d sell 40% and consider it as "taking a shot"
ck1888:
--- Quote from: mporter123 on October 29, 2011, 10:50:59 AM ---
This was the logic I used but it doesnt take into account us falling below the $200 mark at some point in the stake - i.e. bricking the first 10 tournaments.
--- End quote ---
To avoid bricking the first ten tournaments play on 888. It"s practically impossible to go ten tournaments without cashing.
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