Poker Bankroll
What is the point of a poker bankroll? Why would you ever need it? You are at a 50 buy-in game and quite good. You have a couple hundred in your pocket and decide to call up an old friend for advice. He advised you to invest in a bigger game, $100X the amount. You are ready to root for the guy who has $500.
The problem is that there is one. There are many games that the $500 can be tied to. Some of them you cannot even see. They are tied into a myriad of other games.
What if you use the $500 to play three online poker cash game? Do you really want to do that? There are many good reasons to not do that. There are many other reasons that you might not want to do so.
However, I want to make a comment about mental markers you may want to consider when allocating your poker bankroll. And I am going to do so because some of us are challenged enough with the probabilities of skill vs. luck, playing too many hands, playing in games we are not prepared for, etc. You may not understand which of these things might be true. However, it does not in any way affect your poker bankroll decisions.
After you have made the decision to go ahead, you will need to figure out your bankroll. Themethod to do so, but lets get more specific about that.
You probably know that to get started with a bankroll, you need to decide what the upper limit will be. This will be the amount of money you are comfortable losing. Keep this number in mind (mine was ten thousands) and stick with it.
Here is another easy way to make it work:
Calculate your maximum bankroll, then add your budget.
You can be more conservative if you set aside 10% of your bankroll and you will risk less for a specific amount of winnings. So, if you want to win $100,000, you risk $10,000 or $20,000.
If you are looking to play aggressively, you can increase your max permitted wager on a particular bankroll. You also increase your chances.
So if you want to win more aggressive games, you need to raise your bankroll up to a point where you feel comfortable - that is not too high but not too low either.
This sounds confusing. Let me show you an example.
https://www.autnews.cc/how-to-make-money-at-roulette-with-the-so-called-martingale-system/ Let's imagine that you have a $100,000 start bankroll. Your bankroll is currently frozen at $100,000. You are engaging in gambling activities that aren't right for you. Every week your bankroll falls. After just a few weeks your bankroll is now only $30,000.
The good news is that you probably still have a lot of money to play with. As long as the bankroll isn't frozen - you can play at $100,000, $150,000, $250,000... everywhere between $100,000 and $overed.
You can't play lower stakes than the current $100,000 if your bankroll has been frozen. So even if your bankroll drops down to $50,000, you can't play lower than $100,000.
It should be mutually exclusive for both a bankroll site and cash site that the bankroll base period is easy to agree upon. You lose 25% of your new $100,000 if you go from $250,000 to $100,000. Plus, the bankroll bonus that the cash sites offer quickly reduces your cash play down to the $100,000 mark.
Play money games are a good option if you prefer to play for lower stakes than cash. Like with all the other games on both sites, these games have lots ofvariations and losses. You can still play against other players playing perfect poker, even though you're playing at lower stakes.
Micro-stakes games can be purchased at a cost of $0.05/$0.10, $0.25/$0.50, and $1/$1. The games are riskier than cash ones. These games are much more risky than cash games. Make sure you have viewed the games before you purchase.