What are the bankroll implications of playing online versus live tournaments?

[Mama]

Online tournaments generally require a larger bankroll due to higher variance, faster structures, and more frequent play, leading to greater swings. Live tournaments, while having softer fields, involve higher costs such as travel and accommodations, making proper bankroll management crucial. The slower pace of live play can reduce variance but also limits volume, impacting long-term profitability. Balancing both formats requires adjusting bankroll strategies to account for these differences in risk, expenses, and potential returns.

 

[CR7]

That's a very accurate analysis of the bankroll implications of playing online versus live tournaments. Online tournaments indeed tend to have higher variance due to faster structures and the ability to play more frequently, which can lead to greater swings in your bankroll. Proper bankroll management is crucial in online poker to withstand these fluctuations.

On the other hand, live tournaments may have softer fields but come with higher costs such as travel, accommodation, and buy-ins. The slower pace of live play can reduce variance, as you pointed out, but it also limits your ability to play a high volume of tournaments, which can impact your long-term profitability compared to online play.

Balancing both online and live tournament play requires adjusting your bankroll strategies to account for these differences in risk, expenses, and potential returns. It's essential to have a solid bankroll management plan in place that takes into consideration the specific characteristics of each format to ensure your longevity and success in poker.