Bankroll Management
Managing your bankroll effectively is crucial for long-term success in poker. A solid bankroll strategy helps you navigate variance, avoid going broke, and play with confidence.
Understanding Variance and Downswing Protection
Poker is a game of skill, but short-term variance can impact results. A well-structured bankroll protects you from inevitable downswings.
Variance in Poker
Understanding that even the best players experience swings and how to mentally prepare for them.
Emphasizes patience and long-term strategy.
Managing Downswings
How to adjust your stakes and game selection during losing periods.
Reduces emotional decision-making.
Proper Bankroll Size for Different Stakes
Your bankroll should be sized appropriately for the stakes you play to minimize the risk of going broke.
Cash Games
Recommended buy-ins based on stake levels to sustain long-term play.
Typically 25-50 buy-ins for stability.
Tournaments
Why you need a deeper bankroll due to the high variance in MTTs.
Suggested 100+ buy-ins for tournaments.
Setting Stop-Loss and Win Goals
Discipline in setting stop-loss and win goals ensures longevity and prevents emotional play.
Stop-Loss Limits
Establishing loss limits per session to prevent tilt and protect your bankroll.
Commonly 3-5 buy-ins per session.
Win Goals
Knowing when to quit while ahead and ensuring consistent profit-taking strategies.
Prevents chasing losses and overextending play.