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How ddo you decide when to withdraw money

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JohnTheGreatest
Joined: 28.01.2010

Whats ur thoughts on this one?

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Originally posted by miljonszalie
Whats ur thoughts on this one?

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too bad this doesn't work for my 10BI bankroll management :f_cry:


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Coach
w34z3l
Joined: 03.08.2009

Uh, I don't quite get what the blue cashout amount is for??

Looks pretty conservative for the lower limits, but nice to have a plan.


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this one is nice too :)

Pay yourself according to volume, not results.

Remove the following from your bankroll every time you play these games:

HU: 2% of your buyin
STTs: 3% of your buyin
18-man: 4% of your buyin
45-man: 5% of your buyin
90-man: 6% of your buyin
180-man/MTT: 8% of your buyin
Also remove all Rakeback/Bonuses earned

When your total cashouts reach the site's minimum cashout requirements, then cash out as soon as you can.


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ZhiCheng
Joined: 04.10.2008

Imo withdrawing anywhere below nl50 is waste of time.. cuz u need to build the roll to get to where u can win some serious money..

Get to nl50 asap, then u can withdraw some %of the winnings everymonth.. I did 20-40% just to feel that im actually doing something right..

When u r at nl100+, u can withdraw pretty much wahtever amount whenever u want.. just keep ur br safe so u can comfortably play it.. w 5k i feel super confy on 100 and dont even mind taking 5bi shots at 200.. cashing out 2,5k(max for visa) everytime i hit 7,5k br..


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noisecore
Joined: 13.04.2010

The poster above me is right. there is no point in withdrawing before you play NL50 or NL100.

Also I don't like the opening post screenshot. Nitty BRM for the micro's, aggressive BRM is the way to go there. Myself I did a 20BI BRM for the micro's


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JazBenz
Joined: 09.02.2010

Originally posted by ZhiCheng
Imo withdrawing anywhere below nl50 is waste of time.. cuz u need to build the roll to get to where u can win some serious money..

Get to nl50 asap, then u can withdraw some %of the winnings everymonth.. I did 20-40% just to feel that im actually doing something right..

When u r at nl100+, u can withdraw pretty much wahtever amount whenever u want.. just keep ur br safe so u can comfortably play it.. w 5k i feel super confy on 100 and dont even mind taking 5bi shots at 200.. cashing out 2,5k(max for visa) everytime i hit 7,5k br..

yup! thats the whole point, to reach NL100 - 200 and actually make a living _thumbsup:


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Wrong thread


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Theres a great thread on 2+2 that examines the relationship between how often you withdraw, the size of your bankroll when you withdraw, and your risk of going broke. Basically, frequent withdraws that keep your BR at a relatively constant size exposes you to a relatively constant risk of going broke. The smaller the size of your roll, the greater the risk.

Suppose (just roughly speaking) you cash out so your roll is 100BI every month and theres a 2% chance of going broke. During the month sometimes you win something to cash out but not always. When you don't, you wait. Well, in this case your bankroll has few opportunities to reduce your risk of going broke to below 2%. Our level of risk may actually increase. Any month where we lose BI's our risk of going broke climbs because we aren't giving ourself a large buffer.

The general recommendation I took from the thread was that you're best off building up big to well over the requirement then cashing out a chunk that brings you back down to a bankroll size with an acceptable level of risk. While you're building this means your level of risk is going down which means you're much less likely to hit a run bad enough to force you to move down in stakes. When you cash out you expose yourself to more risk, but since you've been building it up the total level of risk is much smaller.

Its possible there's more to learn from this thread. I wish I knew where to find the link..


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Yoshimitsu77
Joined: 18.09.2010

last time i tried to withdraw black friday happened
my advice is not to withdraw


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