Poker bankroll app
Milko van Winden

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It's time to profile another of the poker world's most exciting streamers who showcase their play to the world on streaming sites such as Twitch, and this time it's GGPoker'sKarlen Aladzjan

The 25-year-old is yet another young European streamer on the GGPoker Stream Team and goes by the name Karlencho online. Not only does he stream poker, but also produces a ton of content for other streamers like OP-Poker and Easterdamnz with his business Karlencho Productions.

LAKE POWELL CHALLENGE 2021. Our 12th annual Lake Powell Challenge will resume September 16-19, 2021, and we look forward to your participation. Registration and sponsorship opportunities for LPC2021 are now available! Please visit this website and social media outlets for updates and additional information. Of course the bankroll challenge wasn’t the only goal for 2019 (thankfully!) so lets look at other goals and see how they are coming on. It’s now been 4 months since I set myself the years goals and overall I’m pretty happy with the results so far. Health: Achieve goal weight of 65kg+ 15% or less body fat. Starting weight: 57kg. Total life earnings: $1,266,418. Latest cash: $2,196 on 20-Aug-2020. Click here to see the details of Michel Leibgorin's 129 cashes.

Humble Beginnins

Aladzjan was born and raised in the Czech Republic after his parents fled from Armenia after the Soviet Union split. When he was fifteen years old, he was introduced to poker by his uncle who bought him a poker chip set.

“My uncle taught me the rules and my brother and I started playing against him,' Aladzjan told PokerNews. 'At that time, I would say from 15 to 18, I was still going to school and my brother played online in that period. I would just watch him play as I couldn’t play myself. I just sat next to him and watched him play and that’s basically how I fell in love with online poker.”

Aladzjan couldn’t wait to play online poker and immediately seized the opportunity when it swung by. ‘Karlencho’ moved cities with his parents at 18 and dropped out of high school.

“I was so anxious to start playing online. I thought, you know, let me try this for a year. And my parents were so open-minded, and they would never force me to do something I wouldn’t want to do.”

The Importance of Poker Study

Like so many starting poker players, Aladzjan was stuck in a loop of depositing money, but that all turned around when he started to read some more technical poker books.

READ MORE: How Many Times Has Negreanu Cashed for Over $1m? Find Out Here!

From $10 to $1,000

The young and ambitious poker player started his stream in 2017 after launching his YouTube page and Instagram channel. He went through a break-up and rented a studio to pursue his streaming ambitions. He built a custom pc for streaming and he started a bankroll challenge on his Twitch stream where he wanted to grow his bankroll from $10 to $1,000. It took Karlencho about two months to set up the software to actually start streaming since there were no tutorials out there.

“No other streamers wanted to talk to me, except for Felix [Schneiders]. I had to learn everything from scratch.”

Aladzjan started Karlencho productions where he makes tutorials for starting streamers, streaming overlays, and he produces social media content for other established streamers.

“Other streamers started coming to me and asking me if I could do the same for them. I wasn’t in a position to do that. I just couldn’t see myself stream five times a week and then edit for myself and edit for someone else. But more people started coming and I thought: maybe I could get this done.” Other people started coming to Aladzjan and that was how Karlencho Productions was born.

His Own Production Company and GGPoker Sponsorship

But doing all these different things does take up a lot of time. Yet Aladzjan always manages to get things done on time. “I think it is smart time management and structure. I go to bed at the same time, and I wake up at the same time. I wake up at nine, I go through my morning routine, and then I start working on my videos. Then I do something else. Each hour is lined up for something. I have planned out what I’m going to do in the day. When I edit, I don’t have my phone. No distractions.”

Aladzjan is now sponsored by GG Poker, who recently signed Bertrand ‘ElkY’ Grospellier, and he is part of the GG Stream Team. He came in contact with GG Poker after the bankroll challenge that started it all for him, despite never finishing the challenge. He was only a very small amount away until disaster struck.

READ MORE: Eight Crucial Beginner Poker Tips From GGPoker

“I found myself on $945 after six months. I reached that at day 99. I thought that this was destiny, haha. I wanted to make the most epic ending. I thought: what if I beat the guy that was the inspiration of this challenge? So, I messaged Felix [Schneiders] and he was busy as hell, but we eventually made it happen. We played heads-up cash and I was only $55 away from my goal. The epic ending was kind of a fail after I lost against him. I don’t know what happened after that, but I quit when my bankroll was back at $6 after about 1,5 years. So, I technically never lost the challenge!”

The GG sponsorship allows Aladzjan to play a little bit higher stakes than normal, especially with the GG Series going on. “I end up playing higher, even if I don’t want to. It’s probably the only time of the year where you can break your bankroll management a little bit. I also play longer sessions and I play longer sessions than normal. But it’s a special time of the year and I’m really enjoying it.”

You can watch Karlencho stream on Twitch on Monday, Wednesday, Friday, and Sunday.

Poker Bankroll Chart

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Pot Limit Omaha Bankrolls

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.

BuildingChallenge

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

Live poker bankroll management

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.)

Poker Bankroll App

Buy-ins per stake / Pot Limit Omaha game type

Poker Bankroll Challenge 2021 Download

  • 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.

Poker Bankroll Requirements

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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