When to Move Up in Stakes

One of the concerns that I frequently hear, especially among small stakes poker players, is when and how to move up to a bigger game. How do you know if you are ready to move up to a bigger poker game or not? The simply answer is to move up when your bankroll is big enough, and move down when your bankroll is too small. But there are more things to consider besides just the size of your bankroll.

Are You Winning?

There’s really only one way to know. You must keep track, down to the dollar (pound, euro, yen, peso, or yuan will do too), of how much you win and how much you lose in each poker session. If you’re playing online then be sure to use poker tracking software – because statistics will not only let you know where your strengths and weakness are in your game, they will assist in your decision of what games to play and when to move up to the next level. By reviewing your playing history you’ll be able to see how you are doing per hour and per big blind or buy-in size. poker lenses

Win Rates and Return-on-Investment

In cash games your win rate is generally the number of big bets per hour for limit poker and big blinds per 100 hands for no-limit hold’em. Let’s suppose you’ve played 20,000 hands of $25NL ($0.10 / $0.25 blinds) and have made a profit of $2,000. Your win rate would be 6.66 bb/100 – that’s $1.66 per 100 hands ($0.25 * 6.66). Your hourly rate would depend on how many hands you play per hour – playing 500 hands per hour or more across multiple tables is not uncommon for online poker players.

If you’re a tournament or SNG player then you should look at your return-on-investment (ROI). ROI refers to the net profit you’ve earned playing poker. Divide any profit by the gross amount you’ve invested and multiplied by the number of games you’ve played. A ROI of 0% would indicate that you’re breaking even. Let’s suppose you’ve played a 1,000 of your favourite $10 SNG’s, spending $10,000 in the process. Over this period of games you’ve made a profit of $1,500, meaning your ROI would be 15%.

Hopefully you’re win rate or ROI is positive because if you’re not beating your current game then, most of the time, it’s a mistake to move up. There are many benchmarks, formulas, statistics, and graphs available to judge yourself and other players – but it’s better to concentrate on finding the games that maximize your dollars per hour played and grow your bankroll that way.

You should be beating the lower stakes games first. There’s one exception to this that I’d make. Lower stakes poker games can be more heavily raked than the higher stakes games. This is a function of how the rake is calculated. When this is the case, it may make sense to move out of the lowest, and thereby most heavily raked game, as soon as possible, even if you’re not beating it, – just to avoid getting crushed by the rake.

Sample Size

If you just had a winning session of $180 in 4 hours of $50NL, that doesn’t mean that you are beating the game. If you just finished a session of 300 hands of $200NL and doubled your buy-in of $200, that doesn’t make you a winning poker player. Similarly, if you just won a bunch of $20 tournaments in a row, it doesn’t matter. You might have just gotten lucky in each example. Generally speaking, to be really sure that you’re beating the game you’re playing in you need a much larger sample size – 10,000-30,000 hands is considered enough play to gauge how you are really doing in cash games – and 1,000 games for tournament players is a decent sample size. marked cards

Your Playing Style

Some poker players are nits or rocks. They win small amounts by risking very little. They have little variance since they play a solid game and take very, very few chances. Other players are plungers. They take huge gambles – even with only very slightly the best of it. If you have a high variance style of poker – say you’re a maniac, then you’d want to start with more. The former players will need less of a bankroll to move up than the latter players because they will show much less variance at the higher level – and will therefore have a much lower risk of running through their bankroll if they run bad for a while.