SNG and MTT Bankroll and Cashout Strategy

One of the most talked about subjects of online poker players is that of bankroll management, after all it is the biggest reason, apart from the player having a lack of skill, for a player to go broke. Without proper bankroll management even the best players are putting themselves at risk of going broke.

The problem with performing proper bankroll management while using the latest Betfair Promotions is that it is not very exciting as it should see you moving up in stakes slowly and some people fall victim of the boredom and then throw bankroll management out of the window. However, there was an exceptional system created by one of the most-respected sit ‘n’ go (SNG) players online, Jennifear, that not only gives a good guide to bankroll management but also give guidelines for making regular withdrawals.

Her system is designed to keep players playing at their optimal level by making withdrawals based on volume rather than being results based. For example, a Heads-Up SNG player should withdraw 2%, a SNG player 3%, a two-table SNG player 4% and a multi table tournament (MTT) player 8% of their total buy-in. This would mean that a SNG player at the $33 level should withdraw $0.99 per game they play, regardless of the actual result of the tournament.

Those using the Betfair Promo Code should note that the reason the system is so good is that it forces a player to move down to stakes where they are more profitable because if a player was only winning with a 2% ROI in his or her typical SNG then eventually they would be withdrawing too much money and be forced to move down in stakes. Another plus point is the fact it encourages the player to log more volume and also to be able to plan better financially as you will know if you play 50 of the $22 SNG that you will be withdrawing $33 regardless of how you get on at the tables.

As for maintaining the bankroll itself you should be looking to keep 20 buy-ins for HUSNG, 35 buy-ins for SNG, 45 buy-ins for two-table SNG and 100 buy-ins for MTTs. However, if you will not be able to ever replenish your bankroll should you need to then you should double the number of buy-ins you keep as a bankroll.