If you liked my Cash Game Bankroll Management Spreadsheet and DoN SnG Bankroll Management Spreadsheet you might get some good use out of my multi-table tournament (MTT) bankroll management spreadsheet.

It has the same features as the other spreadsheets in that it suggests your buy-in based on your bankroll management rules, keeps track of your progress and provides you with some useful stats, allows you to publish your bankroll chart on the web.

Poor bankroll management practices can result in a winning player going bust so it's important to keep good records and follow a sound strategy to keep your bankroll safe.

There's a lot of variance and there can be some big swings in MTTs so this spreadsheet isn't as straightforward as the previous ones.

Because a big score in an MTT can dramatically increase your bankroll you can be rolled to play in much higher games than you are used to but just because you had a big win doesn't mean your ability has dramatically increased. I tried to tie the recommended buy-in to the average buy-in to keep the spreadsheet from suggesting buy-ins that were too much above the buy-ins you have the most experience in but you'll still want to use your judgement when you move up in stakes. This spreadsheet is still a work in progress.

This spreadsheet can be used for all your MTTs or you can create separate spreadsheets to segregate different types of tournaments. For example you could create three different copies. One for Turbo MTTs, one for 180 SnGs and one for ReBuys tournaments. Since your bankroll management strategy should reflect your winrate and potential variance it makes sense to separate them since different types of games have different variance and you're ability might be different in them.

If you choose to mix tournament types try to adjust the recommended buy-in accordingly. For example if your recommended buy-in is $10 and you normally play regular speed full ring MTTs you might want to buy-in for less in a 6-max turbo MTT. If you're throwing in a rebuy tournament, try to keep your buy-in + rebuys + addon close to your recommended buy-in. This is one area where you're going to need to use your judgment.

At the 2010 WSOP Ladies No-Limit Holdem Championship about a dozen guys registered and played the event. Some of them did so because they believe the field to be softer but Shaun Deeb, who started the event in drag, claimed he did it for female poker player rights.

He feels that the special Ladies tournament shouldn't be a part of the World Series of Poker. In his view, women poker players are intelligent and competitive enough to battle it out in the open events and should do so.

Unfortunately my good run didn't last. After my last DoN SnG Challenge Update things continued to go well and then disaster struck. I experienced my worst downswing ever in these games. Over 30 buy-ins.

The current DoN Challenge bankroll stands at $810. It was up to $883.61 at it's peak before the downswing. I was looking forward to moving up to the $10 DoNs by now but that is going to take a little more time.

Since the last update the bankroll has increased $25 and my win rate and ROI has been 55% and 0.5% respectively. Nothing to get too excited over.

In addition to winnings from the games I also earned a $50 VIP Stellar Reward  as well as a $50 VIP Reward Bonus so things aren't so bad.