I've been thinking lately that it might be time to adjust my obscenely nitty bankroll strategy and bring a greater element of risk into my global poker strategy. If I include the money that is returning from Full Tilt's reopening then my 'roll stands at around $4000 and I'm still playing $25NL. 160 buy-ins seems very over the top to me for these limits. If you consider that I'd likely move down to 10NL if I ever dropped below $1k, this gives me a total of 220 buy-ins.
Why?
At one point (I'll admit it) I harboured ambitions of turning poker into a profession and leaving the world of real work behind. That was back when I earned less and had no real career to speak of. Now that I do have a fledgling career, and now that I'm undertaking professional training that may increase my earning capability beyond what poker can currently offer I don't think that I need to be so risk averse with my bankroll.
I also think that I'm ready for a bigger challenge. I think it is time that I tried conquering the small stakes limits.
How Much Risk?
Providing that I'm happy to move up and down limits (and I believe that I would be based on my history) then I wouldn't be taking on too much extra risk by moving to a mixture of 50NL and 100NL from now on.
I've also considered returning to HUSNG as returns in that field still look good. The problem is that I'd need a lot of game work to get my self into winning shape at that format. However the potential hourly would be better than I expect at cash despite it being my strongest area. I could perhaps begin at the $50s and see how I get on.
The long and short of it is that I feel that I should take slightly bigger risks in order to allow myself the potential for some bigger rewards. I'm happy to move back down limits if it doesn't go well. So wish me luck!
Investing in small and growing businesses is a tolerable risk for me.
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