On 9/13/2016 at 3:23 PM,
marytechjane said:
Maurile, I can afford $140 per 4 weeks so using the general rule, should I be looking at it as having $140 and I can play 10%-30% ($14-$42) of that amount this week? ...or should I be breaking it down by week and look at it as having $35 ($140/4) to play each week for 4 weeks and putting 10%-30% ($3.50-$10.50) of that $35 weekly amount in play for each of the 4 weeks? I hope I did that math correctly.
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On 9/13/2016 at 4:22 PM,
Rock Lonemilk said:
If you can afford to lose $140 every 4 weeks, I'd say your bankroll is $560 for the season and that should be your starting point for all the math. If you want to risk 10% of that per week, then your weekly max would be $56. Then, if you want a 90/10 split for cash/GPP, then you'd be looking at about $50/week on cash games and $6/week on tournaments.
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Thanks for the comments and suggestions. I guess it still comes down to defining what the timeframe for a bankroll is. Is my bankroll $35 (based on weekly), or $140 (based on monthly), or $560 (based on the season) (using 16 weeks as a season)? I know that works out mathematically to be an equal amount of money, but using the examples in the posts above it makes a big difference on what I should bet each week. I didn't really find a clear answer to timeframe for bankroll in the Cracking DK book.