20th February 2013, 06:47 AM
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Member
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Join Date: Aug 2010
Posts: 1,037
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Quote:
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Originally Posted by macs
If Warney needs part of 96K we're all in trouble TO  He only ever plays Texas Holdem and he always plays the biggest tables his funds will allow, scares the h ell out of me. |
He might be a gun, macs (or a son of a gun  ) but this is exactly what he shouldn't be doing (money management wise) because this will just end in tears.
He really should only be risking maybe 5%, 10% or max 20% (really too high though) of his bankroll at any one time (not all of it).
I'm not sure of the stakes levels but if he is playing a $500/$1000 table for example then he really should only be playing a $50/$100 table bringing 10% of his funds to the table.
Money management is about being able to fight another day (or lots of other days), not risk it all on the turn of a card.
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― Earl Nightingale
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