Any simplified bankroll strategies?

[roveer]

I'm trying to figure out how to properly bankroll a VP casino visit. Is there a realatively simple formula for determining sufficient bankroll for a particular game/duration? I've read some posts through searching which get pretty technical and I'm not opposed to running the math, but I'm hoping there is something a little simpler. As many know, i like to play DDB on STP 10 hands at .25 or .50 for 4-6 hours But I'd also need to consider .25 denom's and possibly single line games if I'm finding I don't make the minimum bankroll for those games. I'd like to get something that I can apply myself to help me dial in my stratedgy and make sure I've properly bankrolled my visit. Roveer 

[shadowman]

A "casino visit" is a little ambiguous. What one really needs to know is how much you plan on putting through the machines. You provided a couple of hints but we still don't know how fast you play. A dollar amount or number of dealt hands is more helpful. But, let's make some assumptions and see where that leads. I'll assume you play 3 hours of .25 10-play and 2 hours of .50 10-play at 600 dealt hands per hour. The first item is $12.50/hand times 1800 (3x600). The second is $25/hand times 1200 (2x600). That comes out to $22,500 + $30,000 = $52,500. I usually assume a real bad day is when you have a return of about 80%. However, since you're playing multi-play it's probably higher, 85-90%. At 90% you'd lose 10% * $52,500 or $5,250. If you want to be able to last the entire time on a bad day that would be a reasonable session bankroll and would work whenever you are doing better. Now, if you play slower or take breaks where you don't get in this many hands just substitute whatever numbers you feel better describes your play. Finally, if the amount seems way out of your comfort zone maybe you need to consider playing lower denominations.

[roveer]

A "casino visit" is a little ambiguous. What one really needs to know is how much you plan on putting through the machines. You provided a couple of hints but we still don't know how fast you play. A dollar amount or number of dealt hands is more helpful.
 
But, let's make some assumptions and see where that leads. I'll assume you play 3 hours of .25 10-play and 2 hours of .50 10-play at 600 dealt hands per hour.
 
The first item is $12.50/hand times 1800 (3x600). The second is $25/hand times 1200 (2x600). That comes out to $22,500 + $30,000 = $52,500.
 
I usually assume a real bad day is when you have a return of about 80%. However, since you're playing multi-play it's probably higher, 85-90%. At 90% you'd lose 10% * $52,500 or $5,250. If you want to be able to last the entire time on a bad day that would be a reasonable session bankroll and would work whenever you are doing better.
 
Now, if you play slower or take breaks where you don't get in this many hands just substitute whatever numbers you feel better describes your play.
 
Finally, if the amount seems way out of your comfort zone maybe you need to consider playing lower denominations.

 
Shadowman.
 
Thank you so much for this evaluation.  Eye opening to say the least.  Clearly I'm not walking into a casino with 52.5.  I'm usually at 1800-2000 for a visit.  I'm going to work on my trainer a bit to see what my "hands per hours" comes out to.  Then I can run my own versions, adjusting the denom/hands etc.  I can tell you that for the games I have been playing I'm way under bankrolled.  Time to make some adjustements and see what happens.  I've either got to visit less frequently and bring a bigger bankroll, or seriously lower my denom and possibly give up 10 play machines.
 
Roveer

[shadowman]

Roveer, you might want to consider dropping to 5-play as that would cut everything in half without reducing your denomination.

[brmcc74]

I must be an idiot. I usually take 250-500 bucks per session playing single line quarters. I will run some cash on 1$  if the game is right. But maybe im not taking enough

[shadowman]

I must be an idiot. I usually take 250-500 bucks per session playing single line quarters. I will run some cash on 1$  if the game is right. But maybe im not taking enough
 The $5000 bankroll was for 10-play, so if you are playing single line then 1/10th is around $500. Not that far off. OTOH, with single line a bad day is usually about 80% return which would mean $1000 session bankroll would be better (unless you are just playing low variance games like BP or JOB).

[Frank Kneeland]

You asked for simplified. This is as simple as it gets.To play quarters have around $20,000 on hand.To play dollars you need $80,000.At least that's how much we kept handy, when I ran the progressive team.~FKP.S. If anyone thinks this is a joke. It is not. This was recommend the bankroll for running a progressive team in the 90's.