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Managing Your Bankroll – Basic Facts & Information

Deanna Goodson
 
  

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A bankroll is the amount of money a player sets aside and uses to play poker with. You should never use your entire bankroll in any given poker session. “Bankroll is for life” is a common poker saying among pros; however, the average Jack or Jill poker player will set aside a weekly or monthly stipend to play the game.

Your bankroll may grow or diminish depending upon what happens in any given poker-playing session.

Bankroll management is one of the best strategies you can work on to become a successful poker player. A sufficient bankroll can make up for a lot of weaknesses in other areas of your game. Insufficient funds can break you.

Some players have what they call a session bankroll. For the purpose of this e-guide, this is what is meant when the term bankroll is used. A session bankroll is an amount of money you set aside to play in one poker game or during one poker session such as a weekend trip to a casino, etc. It is all the money that you can afford to or are willing to risk during a game.

Your bankroll must take into account the stakes of the game you want to play. If you’re playing a 3-6 game, you’ll want to bring 100 times the big blind or $600.00 for the game.

If you lose it all, you’re done. If you come out ahead, you can decide to keep playing as long as you feel up to it. Some people cash out once they’ve tripled up; others will stay until the cards stop falling their way.

A good rule of thumb is, for cash games, to have at least 100 times the big blind at any session of No-Limit poker you sit down to play.

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