Bankroll Management
Bankroll management
It is not the most glamorous of poker skills, but even if your bluffing is well timed, your reading ability sharp and your courage ice-cold, poor bankroll management can bring you straight back down to earth.
Why is it important?
Imagine a player who plays without any care for managing his bankroll. He starts off on the smallest poker tournaments with $30 in his account. Incredibly, he reaches the final table on his first try, and wins $120. Full of confidence, he takes on the cash games, and builds up the levels. He is quickly becoming a great player, and has amazingly built up to $1000. He splits this between two different $4/8 tables, to see just how much he can make. (more…)
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