Poker Bankroll Challenge 2021

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Pot Limit Omaha Bankrolls

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In pot-limit omaha having a proper bankroll is going to be one of your biggest advantages on the opposition, if not your biggest advantage. Having played a nice amount of cash pot-limit omaha live and online in my career, I can tell you that there are numerous players whom you will encounter are just playing way over their head and some are even on degenerate runs with only 5-10 buy ins! Now I do not need to tell you in what ways such bold bankroll strategy will effect their play, that should be apparent! It should already be quite apparent. Don't let this happen to you! Its a huge trap, it usually ends with a long walk to your car(or your couch if you are at home) and you talking to yourself in a not so nice fashion.

Lets start with the basic rule that in general you are going to need 2x the amount of money/bankroll to play the pot limit omaha games then you use to play the same stake not limit hold em games. Pot limit omaha is a game with a lot higher variance, and you're going to need to respect that fact right off the bat. Do this by having a nice bankroll to pad the swings you are going to take in pot limit omaha. And don't try to fool yourself or anyone else, you are going to take the big swings, it is more a question of when then if. If you begin to take swings, that is a sign you are playing right, an aggressive style of pot limit omaha play is just going to encounter swings, swings are how you make money as well.

Pot Limit Omaha tournaments you can use as many buy ins as you use for No Limit Hold'Em tournaments.

Poker Bankroll Challenge 2021 Calendar

That is only because PLO tournaments are generally very soft and plo tournament players are generally just not very good until you go to the high buy in tournaments. So use your standard tournament buy in amounts, 100 tournament buy ins for tournaments that aren't turbos, and 200 buy in for tournaments that are turbos will keep you from going busto, in general. (Albeit the rustier your tournament/plo game is, the more prone you are to taking a huge swing and busting your bankroll, so it could technically happen. But in general anytime you only have 1% of your bankroll in play at a single table you are using very good bankroll management.)

Buy-ins per stake / Pot Limit Omaha game type

  • Having said this, 100 buy ins in PLO is usually a fine bankroll in cash games. This works if you're playing live PLO or only playing a few soft tables online.
  • I'd recommend 200 buy ins if you're playing high stakes live PLO or any sort of toughie online games. I'd also recommend 200 buy ins for live 6max and a few tables of easier online 6max.
  • 300 buy ins for 6max online where the tables are semi tough+. For heads-up you should be fine playing live with 300 buy ins, and also should be fine with 300 buy ins against any sort of weak players online.
  • 400 buy ins in heads up PLO is necessary if you're taking on all comers at online plo hu, sort of like Jet Li in the movie one towards the very end of the movie.
  • Add 50 buy ins to any games with antes. and subtract 50 buy ins for any double stack deep games.

Final Words

So these are my Pot Limit Omaha bankroll guidelines. They are not set in stone and are just my basic guides to not going broke. What is actually set in stone and everyone must do before starting playing is learn the Omaha Rules and beginners tips that we have gathered for you and make sure to hear about the 30 Top Ranking Omaha hand chart. If you guys have any questions or comments as always i would definitely like some feedback and response.
Until next time, keep those bankrolls safe and healthy!
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  • LIVE MONEY CONTEST at Gulfstream Park on January 23, 2021.
  • Buy in: $6,000 ($5,000 Bankroll + $1,000 Entry Fee to Prize Pool).
  • 100% of Entry Fees are paid out as prizes.
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FORMAT

  • Eligible contest races are all Gulfstream Park live races on Saturday, January 23, 2021 + select featured races from other 1/ST Tracks.
  • Select races from other 1/ST tracks will be announced on Wednesday, January 20, 2021 by 8:00PM ET.
  • Win, Place, Show, Exacta, Trifecta & Daily Double wagers only.
  • Daily Double wagers will count toward the wagering total in the race the bet is placed.
  • Must bet at least four (4) races at a minimum of $500 per race.
  • Must bet entire $5,000 bankroll to be eligible for prizes.
  • There are no wager maximums. Players may wager as much as they want, including winnings from their bankroll, whenever they wish.
  • The player with the largest bankroll after the last contest race on Saturday, January 23, 2021 will be declared the winner of the contest.
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  • 1/ST to seed Prize Pool with $50,000 contribution.
  • $1,000 Entry Fee per player goes directly to the Prize Pool.

PRIZES (BASED ON 250 ENTRIES)

  • $274,000 Cash Prize Pool paid to the Top 8 Finishers. Please see Official Rules for cash prize scenarios.
  • NHC Qualifying Spot to the Top 5 finishers in the contest. This includes four-night stay at Bally’s in Las Vegas and a $500 travel allowance.
  • $1 Million Bonus if the 2021 PWCBC Winner goes on to win the 2021 NHC in Las Vegas (scheduled for August 2021).

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Poker Bankroll Challenge 2021 Rules


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