Bankroll management
What Does Bankroll Management Mean in Poker?
Bankroll management is the practice of managing the amount of money a player sets aside for playing poker, ensuring that they do not risk more than they can afford to lose. This involves setting limits, tracking wins and losses, and adjusting stakes based on the size of the bankroll to maintain long-term profitability and minimize the risk of going broke. Learn more about online poker strategies.
When You Might Hear Or Use The Term Bankroll Management:
Discussed among players assessing their risk, during coaching sessions, or when planning a poker session to ensure sustainable play.
In-Game Example:
A player with a $1000 bankroll only plays $0.25/$0.50 stakes to ensure variance doesn’t deplete their funds quickly.
Strategy / Tips:
- Best Practice: Use the 5% rulenever risk more than 5% of your total bankroll in a single game.
- Common Mistake: Chasing losses by moving up stakes beyond what your bankroll can support.
- Pro Tips: Regularly reassess your bankroll and adjust your stakes accordingly to keep your poker sessions within your financial means.
Differences Playing Over the Table vs Online
In live games, the slower pace means fewer hands and potentially less variance, while online, the fast pace and multi-tabling can increase variance and necessitate more conservative bankroll management.
Alternative Names:
BRM
FAQs:
Q: Why is bankroll management important?
A: It prevents players from going broke during inevitable downswings and ensures they can continue playing long-term.
Q: How can poor bankroll management affect my game?
A: It can lead to playing scared, making suboptimal decisions, or going broke.
