Bankroll Management

February 8, 2008 by  
Filed under Poker School

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. Read more