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Poker Strategy
Learning Poker
Learning Poker Together Part 6: Bankroll Management
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[QUOTE="fundiver199, post: 7008004, member: 397965"] Yes. For MTTs I usually have at least 100 x my highest buyin sitting in the poker account. For STTs its 50 x my highest buyin and for cash games (which I rarely play these days) at least 30 x the full buyin. I think, the above is pretty reasonable, although a more conservative approach also has merits. Yes. I only play online. If you can afford and are willing to make additional deposits, then the money in your poker account is not really a bankroll. And its fine to play without a bankroll, if you only want to play now and then. Like if you want to play a weekly flagship tournament like Sunday Million or go to Las Vegas during WSOP, you dont need a bankroll for that. What you need instead is a budget. But if you do want to play regularly, and especially online, where games run constantly, and you can multitable, then you need a bankroll. Its very easy to lose 20 BIs in MTTs, and if this mean, you cant play again until your next paycheck, thats not ideal at all. Also how does anyone know, they are good enough to beat $109 online MTTs, if they dont have a track record? Building up a bankroll online generally goes hand in hand with building a track record and getting experience, and I think, moving up to fast is generally a recipe for losing. In live poker I can see more merit to the idea, since it takes forever to get volume, and you generally get raked to death at the lowest stakes. So if you are ok taking a break from poker, if you lose, then sure go ahead and try out the local $2/$5 cash game, even you only have $6.000 in your bankroll and "should" stay at the $1/$2 game to follow bankroll management. Then maybe add $500-1.000 to the bankroll from your paycheck every month, and with a bit of luck eventually you will have a reasonable bankroll for the games, you want to play. [/QUOTE]
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Learning Poker Together Part 6: Bankroll Management
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