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Poker Discussion
General Poker
Cashout Strategy???
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[QUOTE="PHX, post: 5661489, member: 126398"] I have bankroll checkpoints for me normally around twice a week. I don't play ring games only mtt and sng but I do think my plans are adaptable to ring game players. I do not keep all my bankroll on one poker site or all my bankroll on poker sites. Sometimes I chase loses when I tilt so it is for my bankroll protection. I have a nice free way via ewallets to easily store funds off site. So let's say I plan to play $2 buy in games I keep my bank at $200 (100 buyins). So I play my games. At the checkpoint I put my bank back at $200. This would involve either topping up if I am loosing or withdrawing if I make profit. Some sort of strategy so is best I find. Sometimes I vary the buyin amount like 40 buy ins. Sometimes I do it by number of games. Sometimes I list out the games I plan to play for next 3 days and only deposit buy ins for that only. Whichever one I do I try to have the checkpoints twice a week and try to have some planning on what I will play in the short term. Even if my poker bankroll is really small I still try to keep some offsite. So let's say I only have $50 in total. I play with $30 and keep $20 offsite. This way I always have a way to start back if a bad run gets me. Starting from zero is extremely hard and frustrating. Also knowing you have a back up plan can give you piece of mind when playing to make right decision instead of playing cautious/scared looking to cash. Best of luck [/QUOTE]
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