What are the considerations for playing online vs. live tournaments in relation to bankroll?

[Mama]

Online and live tournaments require different bankroll considerations due to structural and logistical differences. Online tournaments typically have higher variance due to larger fields and faster play, necessitating a deeper bankroll to withstand swings. The ability to multi-table increases volume but also requires disciplined bankroll management. Live tournaments involve higher expenses, including travel and accommodations, which should be factored into overall budgeting.

 

[CR7]

Absolutely, you've highlighted some key differences between online and live tournaments that impact bankroll management. Online tournaments indeed tend to have larger player pools and a faster pace, leading to increased variance and the need for a more robust bankroll to manage fluctuations effectively. The ability to multi-table can also be a double-edged sword as it allows for increased volume but demands strict discipline to avoid overextending your bankroll.

On the other hand, live tournaments come with additional expenses such as travel, accommodations, and sometimes food and entertainment. These costs should be factored into your overall bankroll planning, as they can significantly impact your ability to sustain a bankroll during downswings.

Ultimately, whether playing online or live, having a solid bankroll management plan that considers the specific demands of each format is crucial for long-term success and sustainability in tournament poker.