Replenishable Bankroll

Z

zachs

Active Member
I have 3-4 casinos very close, so that is no worry, very short drive.

I've been working on bringing up my bankroll. So far i have 500, but people told me that was no good..

I'm gonna get some more, i just don't wanna get wrecked and lose it, lol.

How can I utilize a "Replenishable BR", starting as low as 500?
 
R

RJT

Well-Known Member
You have to make an assessment of how much you can put into your bankroll over what period of time.
For example if i was to say that i could afford to put into my bankroll $1k/month, i could easily say that my bankroll for the year was $12k, but i have to accept the fact that if i play at that level and hit a swing of bad variance that wipes me out then i'm going to have to wait until next month when i can afford to put another $1k in before i can play again.
A better idea perhaps would be to consider the money you've got currently a trip bankroll and the money you would have by this time next year your full bankroll. Then you can play at an acceptable ROR for the game and length of time that you intend to play rather than an acceptable ROR for your overall bankroll.

RJT.
 
S

shadroch

Well-Known Member
$500 is an okay BR,if you are playing at a $3 table and won't be betting more than $20 in the most advantageous conditions. But if you are playing where the minimums are $5 or $10,a $500 BR is subject to being wiped out in any one session.
 
zengrifter

zengrifter

Banned
He can start with $500 and IF he's committed to add another $500 every 60-days (every 30-days is better) he can bet initially like he's got $2000 (or $3500 if every 30-days). When he taps he has to wait for the replenishment and then go again.

He doesn't need to hold the entire $2000+ in his pocket.

Now can someone be a little more scientific on this? zg
 
Automatic Monkey

Automatic Monkey

Banned
zengrifter said:
He can start with $500 and IF he's committed to add another $500 every 60-days (every 30-days is better) he can bet initially like he's got $2000 (or $3500 if every 30-days). When he taps he has to wait for the replenishment and then go again.

He doesn't need to hold the entire $2000+ in his pocket.

Now can someone be a little more scientific on this? zg
Click to expand...
Very general rule of thumb- set your win rate equal to your hourly wage at your regular job, and bring a playing stake sufficient to allow a 2-5% RoR for your casino trips. Win rate is more important to us part-timers because you can't get any satisfaction from playing for less than what you can make otherwise. And temporary ruin is no big deal.
 
K

Kasi

Well-Known Member
zengrifter said:
Kasi - Don't leave me hanging - how far off was I? zg
Click to expand...
You were so far off, it's silly. David what's his name is closer than you are. Hope to God nobody listened to a word you said.

LMAO. I hope you didn't fall for that.

You think I understand this stuff? - I just know it's around if one actually cares enough to answer one's own question to whatever level one may want to pursue the theory of it all.

If I cared about replenishable rolls to that degree, I'd have paid more attention.

I'm a simple guy - one roll to bet against, imaginary or not, treat a trip roll like a lifetime roll, or not, decide whether I'm playing again next week or maybe not til next year, have a plan or 2, pick my poison, have faith the parachute will actually open when I jump out of the plane, and grind it out.

When I'm not voo-dooing it anyway lol.

If I think I know what to expect from what I choose to do, there's not much more I give a rat's ass about. I even get upset when my voo-doo results aren't going according to plan lol.

I know I'm not going to be counting every week or month, so I don't care that much. If I did maybe I would.

Maybe I'll bet a $4K roll in a card-counting way when I go to Tahoe in a month for a week because I think I might be able to play a few thousand hands of DD and SD and maybe it's worth it. If I do, it likely won't be as a lifetime roll, it'll be as if it were a trip roll to some imaginary lifetime roll. I don't see the point of betting it as a lifetime roll. If I lose it, it's not like I couldn't bring the same amount next year. And I don't even know if we will get out there again next year. All I will know is how likely I will be to lose that $4K given a range of betting so much for how long. So maybe I'm betting to a replenishable-roll concept but I really don't think whatever this guy said it's gonna matter much to me.

Sunofagun. I just lost a whole big long reply. Lucky you lol.
 
R

rukus

Well-Known Member
just fyi zachs - in case you do decide to play $10 min tables and replenish your BR, your probability of tapping out this "session" bankroll of $500 (or 50 units) is somewhere around 60% (depending on your playing style/system) in a 10-15 hour session. probably closer to just over 50% tapout risk if you play for about 5 hours. variance is a bitch...
 
Last edited:
Sonny

Sonny

Well-Known Member
zengrifter said:
He can start with $500 and IF he's committed to add another $500 every 60-days (every 30-days is better) he can bet initially like he's got $2000 (or $3500 if every 30-days).
Click to expand...
The formula gives a pseudo-bankroll of about $2500, but it will vary greatly based on his playing style and playing time per month. If you average your two estimates you’ve got it. :cool:

-Sonny-
 
R

RJT

Well-Known Member
Sonny said:
The formula gives a pseudo-bankroll of about $2500, but it will vary greatly based on his playing style and playing time per month. If you average your two estimates you’ve got it. :cool:

-Sonny-
Click to expand...
You know, i'd forgotten that Schlesinger did all that work on ROR and replenishable bankrolls - i'll have to go bakc and re-read BA!.

RJT.
 
zengrifter

zengrifter

Banned
Sonny said:
The formula gives a pseudo-bankroll of about $2500, but it will vary greatly based on his playing style and playing time per month. If you average your two estimates you’ve got it. :cool: -
Click to expand...
Okay, so I wasn't as far off as Kasi said. Kasi made me feel like the VILLAGE IDIOT. Huhh I tell ya, no respect! zg
 
K

Kasi

Well-Known Member
zengrifter said:
Okay, so I wasn't as far off as Kasi said. Kasi made me feel like the VILLAGE IDIOT. Huhh I tell ya, no respect! zg
Click to expand...
I was just kidding! Trying to say I had no idea lol. Sorry for that.

Anyway, darn you, you made me actually have to read it and I still don't know lol. Although he made I thought a good point saying that the original amount you are initially actually playing with should usually be a fairly high proportion of the replenishable roll you are playing. So I'd worry alot like rukus said that it might not take too much to lose that $500. Not to mention whether the "pretend" bankroll of 2 or 3K could actually support a $10 min in the first place.

Maybe instead of the "replenishable" roll he should just treat it as a "Hail Mary" roll each month lol.
 
zengrifter

zengrifter

Banned
Kasi said:
I was just kidding! Trying to say I had no idea lol. Sorry for that.

Anyway, darn you, you made me actually have to read it and I still don't know lol. Although he made I thought a good point saying that the original amount you are initially actually playing with should usually be a fairly high proportion of the replenishable roll you are playing. So I'd worry alot like rukus said that it might not take too much to lose that $500. Not to mention whether the "pretend" bankroll of 2 or 3K could actually support a $10 min in the first place.
Click to expand...
Its not a 'pretend' BR if he's committed to replenish the $500 EVERY 30 or 6o days, WHETHER HE WINS OR NOT.

The only draw back is the wait time for the replenishment IF he taps.

Not "pretend" BR - its VIRTUAL BR. zg
 
K

Kasi

Well-Known Member
zengrifter said:
Its not a 'pretend' BR if he's committed to replenish the $500 EVERY 30 or 6o days, WHETHER HE WINS OR NOT.

The only draw back is the wait time for the replenishment IF he taps.

Not "pretend" BR - its VIRTUAL BR. zg
Click to expand...
well I agree he has to be willing to eventually commit his VIRTUAL bankroll lol.

Another part of it the player has already decided how many hands he will play each month because the author is actually incrementally adding to his bankroll with each hand he plays because the guy divides the replenishable 500 into number of hands he will play. So I guess he's only "allowed" to play so many hands a month.

And, no, I don't know why lol.
 
zengrifter

zengrifter

Banned
Kasi said:
well I agree he has to be willing to eventually commit his VIRTUAL bankroll lol.

Another part of it the player has already decided how many hands he will play each month because the author is actually incrementally adding to his bankroll with each hand he plays because the guy divides the replenishable 500 into number of hands he will play. So I guess he's only "allowed" to play so many hands a month.
Click to expand...
For Zach, I recommend that the only limit on #hands
is when he taps and waits. zg
 
K

Kasi

Well-Known Member
zengrifter said:
For Zach, I recommend that the only limit on #hands is when he taps and waits. zg
Click to expand...
Sounds like a really high trip ror each time to me. Not very hard to lose 1/12 of a roll at some point playing enough.

I think he should save his money and not play. Or find a $5 table with his hundred unit roll and just have fun.
 
sicharlton

sicharlton

Member
Sorry to drag up an old post but I came across this in the FAQ section and had something to add :)

After reading what was posted on that link-->http://www.bj21.com/bj_reference/pages/renewablebankrollformula.shtml

I've complied an Excel spreadsheet which means you can just input your numbers etc..

I do have a problem however, the numbers which 'Long Run' posted don't check out with mine exactly however I am using the same formula. If anyone can see any problems with it please correct/tell me. They're not hugely out, 0.02%..and on these calcs its only changing the end BR very slightly... however I know every % counts so if someone can correct me...that would be excellent. As I say, I'm applying his/her formulae directly and simply cannot find any reason for the values to be out.

Sonny maybe you can explain how you obtained $2500? I ask as based upon a value of $250 per 30 days and $500 per 60 days, I seem to get $1500 and $2000 (based on 12 hrs per month and 100 hands per hour). Maybe you can tell me where I'm going wrong?

I'm certainly not trying to pass this formula off as my own work, just thought this may be of use for some peopole :)

You can download the file here https://www.rapidshare.com/files/133708868/BR_CALCULATIONS.xlsx as it won't let me attach it :(

Si
 
You must log in or register to reply here.
Top