In poker, BRM (bank roll management) is an important element for a long and successful career, especially online where a larger BRM is needed for even the lowest stakes (i.e. about 20 Buy-Ins minimum to play the stakes; for instance, 0.01/0.02 game buy in is rougly $2, so a bank roll of at least $40 is recommended). This is to beat the variance so to speak, and losing a couple of buy-ins due to variance won't phase the player and put them on tilt.
In your opinion, how important is BRM for an everyday player? What does it take to move up the stakes? Do you budget pool in your monthly budget? I know players who play 3,4 nights of league and some tournaments on the weekends, which could easily add up to 40-50 dollars a week. Then you add some beer/food, table time/membership, suddenly you'll need $300 bucks a month to play pool.
Do you have a separate account for just "pool money"? To gamble, to play tournaments, league? Do you put in an initial deposit and make it grow? Do you keep track of your winnings and have a goal set in mind?
I know pool's variance is certainly lower than poker, but at the same time, it's harder to earn money in pool than in poker. Just want to get everyone's thoughts on this matter. Personally I believe having a budget and have clear goals (i.e. make $100 a month playing pool) can help you grow to become a better player, because you have the motivation to treat each game more seriously.
Thanks everyone.
In your opinion, how important is BRM for an everyday player? What does it take to move up the stakes? Do you budget pool in your monthly budget? I know players who play 3,4 nights of league and some tournaments on the weekends, which could easily add up to 40-50 dollars a week. Then you add some beer/food, table time/membership, suddenly you'll need $300 bucks a month to play pool.
Do you have a separate account for just "pool money"? To gamble, to play tournaments, league? Do you put in an initial deposit and make it grow? Do you keep track of your winnings and have a goal set in mind?
I know pool's variance is certainly lower than poker, but at the same time, it's harder to earn money in pool than in poker. Just want to get everyone's thoughts on this matter. Personally I believe having a budget and have clear goals (i.e. make $100 a month playing pool) can help you grow to become a better player, because you have the motivation to treat each game more seriously.
Thanks everyone.