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Yay, for what it's worth I went from 150 to 198, so $2 more and BAM!

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Yay, for what it's worth I went from 150 to 198, so $2 more and BAM!

What are you going to do when you have 200, open up a 10NL table, 3b a guy, and fold to his 4b? You will now have less than 200.

I've always tried to be way to the conservative side... like 100 buyins+ but I have a family and play for a living...

Much respect, Wilt. Having children makes it far harder. I have a few friends in the pokerverse with children who make their living almost entirely off poker, some with meager alternatives. It's a tough life when the cards break bad.

+1 to 100 buyins if you are living off your roll and the alternative to poker for you is bad. And +2 if you're spending >5 live buyins or more a month or >8 online. (This is my SWAG/Scientific Wild-Ass Guess for the inflection point where the pressure ratchets up.) I rec'd 100 buyins in Small Stakes No-Limit. However, even that can be inadequate. Poker variance is like Raleigh weather. It varies and is occasionally ugly, but once in a while a tornado comes, and then all you can do is hope it doesn't kill you.

After watching Wilt's bankroll videos, I would listen to limon's podcasts and read his 2+2 posts going back. If you play poker for a living you should learn basic real estate investing and work towards passive income, starting with buying a duplex or if feasible a quadraplex with an FHA loan such that the rents from the other three units pays your mortgage, taxes, and insurance. 4% down, live for the cost of utilities, go on from there. The eight hours a week of being Mr. Fixit, handling yard work (which can often be sloughed off to a tenant who likes gardening), and collecting rents will serve as a distraction from poker and will cover your rent. That becomes the part-time job that makes poker so much better.

If you've been around a few years, you know that after 5-7 years over 90% of pros go broke, quit poker for other reasons, or find ancillary revenue streams such as coaching or writing or being a landlord. Only a few who don't have trust funds make it, and they aren't the fools buying in for 20K at the Bellagio 10-20-40 when there's no live 20K stack.

NO is the short answer!
mind you take no notice of me as just had 56BI downswing at 18 man sng

NO is the short answer!
mind you take no notice of me as just had 56BI downswing at 18 man sng

PlayMe - prepare yourself for worse 56 is not really all that bad at 18s - you should actually expect 56 (or worse!) somewhere in every 2500 tourneys you play if you have a 10%roi.

The OP has an unusual plight and it will be difficult to extract much money from micros, if it is a do or die problem then you probably should take a higher risk and if you do I hope you do get lucky.

One thing that often surprises me about peoples attitude to BR management is how often they know you should be careful but seem to find it really hard to ever move down. If you do suffer from this trait you will very likely go bankrupt at some point and I would suggest in this case setting a very high threshold before moving up to give you some time to weather some of the storms. One of the things to remember about BR management is that if you do go through a bad spell but move down quickly you have protected your roll and it doesn't take long to recoup and get back up, if you wait too long you may have to drop down probably even further and won't be able to get back sensibly for ages. Take care.

i roll with 75Bi ($7500) for a mix of 50nl Hu and 100nl FR 50nl

if you are good enough its not that hard - i started with $75 on Dec 19th 2011. Had £1100 by NY day.

20Bi sounds too small to me - i have lost 5 Bi in one day and not even played bad.
plus you must want to play in MTT's too.

i want to play 200NL HU and 400NL FR but reckon on needing $20000 - $40000 to do so so i can play 8 tables and not worry.
Also if a 600NL table is free and is soft i want to be able to try without fear.

use this it link - it helped me http://www.evplusplus.com/poker_tools/poker_winrate_confidence/

my Risk of going busto at 100nl is 0.14% and im happy with that,

Yes im rolled ok i only stake 1% of my br per game. Its still not nice to keep losing when getting in good
I am now playing full time so i expect to see swings like this often i suppose.

my Risk of going busto at 100nl is 0.14% and im happy with that,

Unfortunately, your risk is far higher than that. The stats used do not take into account that poker is dynamic. One week your EV may drop, or you may face collusion, or something else happens, and that 0.15% becomes 8% or even way more, but you won't figure that out for a long time.

Best thing that ever happened to me poker-wise was going poker broke in early 2002.

Best thing that ever happened to me poker-wise was going poker broke in early 2002.

how come?

Because it caused me to become much better at poker, and I figured out bankroll management.

Welp, you guys convinced me, along with my idiotic mistake, which thankfully in the grand scheme of things was very minute.

Here's what happened... and how variance is the biggest bitch on this planet.

I'm at $200, and decide to go ignore everyone and "take a shot".

First hand I'm dealt as BB in the higher limit with 20BI's was AA. I 3bet, get 4bet, go all in, get called to 77. he flops a set, and I lose. Next hand, I shit you not, KK. Same situation, go all in vs JQs, they river a flush.

back to 180, and gonna work my way up to 300 before I try .05/.10

Welp, you guys convinced me, along with my idiotic mistake, which thankfully in the grand scheme of things was very minute.

Here's what happened... and how variance is the biggest bitch on this planet.

I'm at $200, and decide to go ignore everyone and "take a shot".

First hand I'm dealt as BB in the higher limit with 20BI's was AA. I 3bet, get 4bet, go all in, get called to 77. he flops a set, and I lose. Next hand, I shit you not, KK. Same situation, go all in vs JQs, they river a flush.

back to 180, and gonna work my way up to 300 before I try .05/.10

You have to realise if generally people are saying the same thing to you then they must be rite. People on this forum have been playing this game far longer than you so if your going to ask questions you have to listen to the answers otherwise making threads just to ignore what everybody says to you is a pointless exercise.
GL with 30BI, i myself now use 50 as 30 wasnt enough. I went on a 12 bi downswing which at 100bi is nothing, 50BI its still not very nice and 30BI its quite a serious hit.
That being said the best situation is using 30BI to move up as fast as possible out of the rake hell micros taking advantage of run good and the confidence you get from it, while having the abbility to reload monthly.

He's in a unique situation, so his optimal BRM would be vastly different than the standard, it's a mistake imo to just blindly follow what others say, ofc it's generally wise to respect opinions of those that have experience in the matter.

I think his blunder(assuming here) is he completely ignored the RoR math