Poker Bankroll Management – Bankroll Considerations
Although extremely important, variance is not the only factor that must be considered when trying to determine precisely how large a bankroll you will need. Everything from the type of online poker game you play in, to your style of play, to your ego will play a role in how large your poker bankroll will need to be.
The following chart shows the agreed upon bankroll requirements for playing with a professional bankroll. Recreational players who simply play for fun with extra money, and can reload at any time don’t have the need to create a bankroll.
| Game Type | Risky | Safe | Conservative |
| Limit Hold’ Em | 10 buy-ins | 20 buy-ins | 30 buy-ins |
| No Limit Hold’ Em | 15 buy-ins | 25 buy-ins | 45 buy-ins |
| Sit & Go | 20 entries | 45 entries | 65 entries |
| Multi-table Tourney | 40 entries | 100 entries | 200 entries |
Limit Hold’ Em buy-in = 25 Big Bets: No Limit Hold’ Em buy-in = 100 Big Blinds
A risky bankroll is one that I really only recommend when you begin playing. If your bankroll is in the risky category you are in a building phase, and shouldn’t be moving up in limits or cashing out until your bankroll reaches a point where it is safe.
When you have a safe bankroll you now have options: you can cash out some of your winnings –I don’t recommend cashing out so much money that your bankroll is once again in the risky phase—or you could decide to make a run at some higher limit online poker games.
With a conservative bankroll you have truly become a professional poker player: You have very little chance of going broke, and have a good reserve of funds to negate any stress that may come from losses or a cold-streak of cards.
However, this chart is much like everything else in poker: A guideline. There are numerous other considerations that will play a role in how large of a bankroll you will need to succeed in online poker.
Here are a few of the considerations that will allow you to play with a smaller, risky, bankroll:
- Numerous limits below your current stakes, coupled with a willingness to drop in limits when things are going sour.
- Playing in full ring games.
- Playing split pot games like Omaha 8 and Stud 8.
- A tight style of play.
- Good self-control.
- The capability of replacing a portion of your bankroll from an outside source.
- A good rakeback deal.
- A large margin between your skill, and the skill of most of your opponents
Here are some considerations that will necessitate that you to play with a larger, more conservative, bankroll:
- Playing short-handed, especially heads-up
- Employing a looser style
- Pushing small edges and making risky plays
- A small margin between your skill, and your opponents’ skill
- Unwilling to drop to lower limit games
- Poor emotional control
- No way to replace losses
- Large amount of expenses
If you find yourself falling more into the first list than you are likely to have a smaller amount of variance in your game, and can therefore play with a smaller bankroll: On the other hand, if you associate yourself more with the 2nd list than you will likely need a larger bankroll.
Author: Alex Galin
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Tags: bankroll management poker, poker bankroll, poker bankroll management
