Poker Bankroll Management: Tips & Advice

 Tips & Advice for Poker Bankroll Management

It is crucial that you treat your bankroll well. If it doesn't, it may soon disappear. You will need to have different bankroll strategies for each variant of poker and limit. You will be well prepared for any poker challenges.

We will be discussing: bankroll management, what it is, why it's important, cash game limits and tournament limits, professional banksrolls, game adjustments, shot taking, and how to manage your bankroll.

What is Bankroll Management, exactly?

Bankroll management in poker is defined as "playing within one's means". For each level of financial status, there is a sweetspot for how many buy-ins you need to comfortably play within your bankroll.

The bankroll of each individual will vary depending on their financial situation, job and work. A professional player will likely have a large bankroll. We'll discuss this more later in the article. However, a recreational player may have a variable account due to how much money they have at all times and what they can afford.

Why is Bankroll Management Important

Your bankroll is what determines how much you are able play comfortably at each level without getting broke. In the next section, we'll give you an overview of what level you should play at with each bankroll.

It is essential to have a good bankroll to manage the variance inherent in poker. Variance can impact you in many ways. It could be positive or negative. If you win money statistically, it means that you are winning more than you should. If you lose, it is possible to lose money.

We are unable to control these effects and don't know for how long. Therefore, it is crucial that you have a sufficient bankroll to deal with these fluctuations in fortune. This will allow you to continue playing your regular stakes while also surviving a losing streak.

Guidelines

According to the level of variance, each stake and variant requires a different amount buy-in.

No Limit, Pot Limit Cash game buy-ins

For cash games, you should have at least 30 buy-ins for each level. While some prefer this level, others may find it more comfortable to have 30 buyins.

You would need to have a bankroll that is at least $3000 to comfortably bankroll 50c/$1 Cash game tables ($100 buy in)

*Billroll limits will be increased for all stakes depending on how many tables are being played at once. How To Stay In Control Of Your Poker Bankroll