Shells
Moderator
Moderator
Flyer35
Legend
Platinum Level
My bankroll management plan is pretty fluid but at the core also very basic. Don't lose a lot of money. If I start losing money I don't deposit anymore till I figure out why I'm losing money in the first place. I have a separate bank account set up which I only use for gambling activities. Yes, I consider poker to be gambling, mostly because my wife tells me it is. If I ever empty that account, I'll quit playing poker for real money, period. I haven't emptied it yet.
Mortis
💀Skeleton Crew💀
Loyaler
1-2% of your bankroll for tourneys is the general rule. I try to stick with that, but I don't always follow it lol. My problem lately is that I've been using poker as a time killer and sometimes when I win a good sized cash, I'll jump into a bigger game that's more than I should be playing.
If I relied on poker as an income, I would be more strict with that rule.
1-2% for MTTs ($100 in your bankroll, playing $1-$2 MTTs)
5% for cash games ($100 in your online bankroll, playing .02/.05 games with a max buy-in of $5)
But if you're relying on poker as an income, I sure hope you have more than $100 in your bankroll!
For live poker 2-5% of your bankroll, so you'll need a much bigger bankroll to affectively keep it running and factor in variance.
But if you are a rec player, treat your bankroll as entertainment money, and only buy-in for as much as you can afford to lose.
If I relied on poker as an income, I would be more strict with that rule.
1-2% for MTTs ($100 in your bankroll, playing $1-$2 MTTs)
5% for cash games ($100 in your online bankroll, playing .02/.05 games with a max buy-in of $5)
But if you're relying on poker as an income, I sure hope you have more than $100 in your bankroll!
For live poker 2-5% of your bankroll, so you'll need a much bigger bankroll to affectively keep it running and factor in variance.
But if you are a rec player, treat your bankroll as entertainment money, and only buy-in for as much as you can afford to lose.
Lena M
Legend
Platinum Level
Hi
Yes, of course I have a strategy. And although my strategy is quite simple, even primitive, it works well and I don't see the need to change it. My strategy is that I never spend more than 3-5% of my bankroll on one game session.
hamon08
Visionary
Bronze Level
It's simple for me, if I have a bankroll of $100, I will play a tournament for $100😂😂😂
Of course, this is a joke. I mostly play NL 10-25 cash poker and to play I have to have at least 40-50 buy-ins, so if I play NL10, my bankroll should be about $500 or more.
Gritz18
Legend
Platinum Level
Everyone knows that I've been a freeroller since I was a child, so it's unlikely that I'll play another tournament that isn't a freeroll.
So my strategy is what I earn from freerolls, I make a withdrawal, and I invest that money in some banking application, when I accumulate a significant amount I buy a nice gift for my beautiful, dear and wonderful wife.🥰😁
Sulfuros001
Rock Star
Bronze Level
Effective bankroll management involves allocating a small percentage of my total bankroll per session or tournament, with strict rules for moving up or down in stakes. I stay disciplined to avoid tilt and ensure longevity in the game.
ChubbySin
Visionary
Bronze Level
I don't have a proper strategy, however, I monthly invest an amount alongside freeroll income, so I always keep positive values in my bankroll.
IRINA70
Visionary
Platinum Level
I try to stick to the rule of using 1-2% of my bankroll in a gaming session. But sometimes I loose a lot of money because I prefer to enter tournaments through satellites and there are a lot of them over the weekend.
userX
Visionary
Platinum Level
I try not to spend more than 1-2% of my bankroll, but I almost never manage to stick to this limit. I usually spend 5-10%, which is honestly too much. But I'm working on it and I hope that over time I will play within my limits.
Marshmalo1994
Legend
Loyaler
I play online, and I use the 1% rule.
I increase a Buy in level when I have at least 120 BIs of the new one. And I decrease if I'm below 100 BIs of the current one.
If I have winnings, I apart 80% for future withdrawals, and 20% to increase the bankroll.
I've never played live yet, so I'm not sure what strategy I'd follow. Obviously I wouldn't take a big risk.
Berandir
Visionary
Bronze Level
Good evening! A very important topic about bankroll management. My strategy is to play tournaments of around 100 times less than my bankroll, that is: With a bankroll of $100, I play buy-in games up to $1. When I reach $200, I can start playing tournaments of $2.
s0ftdumps
Rock Star
Platinum Level
It’s easy to get caught up in the moment and take risks, but sticking to those percentages can definitely help manage variance and keep you in the game longer.
I completely agree with your point about treating your bankroll as entertainment money if you're a recreational player. It's all about playing within your means and enjoying the game without the stress of potential financial loss.
F
fundiver199
Legend
Loyaler
I limit myself to buying in for no more than 1% of my bankroll in MTTs and 2% in SnGs. Occationally I might bend these rules a little or play a satellite, but thats the main idea. I also play a span of buyins, so if my highest buyin in MTTs is $11, then I will also play cheaper MTTs, so that my average buyin is lower than $11. Even in SnGs I play a span of buyins, because games dont run that often these days and especially not the higher buyins. So even if I have $1.500 sitting on pokerstars, I might still play $5 SnGs to avoid waiting for more expensive games to fill.
In reality I am more conservative, than these numbers suggest, because I am currently playing on two sites, and I kind of manage the balance on both of them as a separate bankroll. This is because, its not easy to get money out from one of the sites, and therefore I also dont want to have to put more into that site, if I hit a big downswing. If its easy and fast to move money around, then I recommend to only have one bankroll, even its sitting on multible sites. Like if you have $600, $300 and $400 on 3 different sites, then its fine to consider this a $1.300 bankroll and then move money around if needed.
In reality I am more conservative, than these numbers suggest, because I am currently playing on two sites, and I kind of manage the balance on both of them as a separate bankroll. This is because, its not easy to get money out from one of the sites, and therefore I also dont want to have to put more into that site, if I hit a big downswing. If its easy and fast to move money around, then I recommend to only have one bankroll, even its sitting on multible sites. Like if you have $600, $300 and $400 on 3 different sites, then its fine to consider this a $1.300 bankroll and then move money around if needed.
M
mssmotilda
Visionary
Platinum Level
I think that bankroll management depends heavily on the player's skill, so it is individual for everyone.
I think that bankroll management depends heavily on the player's skill, so it is individual for everyone.
I think that bankroll management depends heavily on the player's skill, so it is individual for everyone.
istbno
Rock Star
Platinum Level
A solid bankroll management plan is essential for any online poker player. Firstly, allocate only disposable income for your poker bankroll, ensuring it's separate from essential funds. Generally, a safe rule is to have at least 20-30 buy-ins for cash games and 50-100 buy-ins for tournaments, adjusting for personal risk tolerance. Set clear limits on daily, weekly, and monthly losses to prevent chasing losses. Regularly assess and adjust your bankroll strategy based on performance and experience. Stay disciplined, avoiding impulsive decisions, and always keep track of your results to refine your approach.