SO WHAT IS BANKROLL MANAGEMENT (BRM)?
In simple language it is basically keeping to the the limits that your bankroll allows you to.
Say for example you had $100 on Poker Stars. Playing a $0.25/$0.50 cash game would not be good bankroll management because you will not win enough to prevent you going bankrupt when the inevitable bad run of cards comes.
Bankroll management is one of, if not the, most important factors of becoming a winning poker player. Many players under estimate the importance and then end up bankrupt. The majority will never understand and will continue to lose their money. But that’s OK right? As that is one of the areas where our profit comes from.
HOW DOES BRM WORK?
It is usually recommended that you only stake a maximum of 5% of your entire bankroll
in any one game. So if your bankroll was at $100, you should be playing cash games
with a maximum buy-
WHAT LIMITS SHOULD WE PLAY AT?
If you are playing PL or NL poker, the recommended size of your bankroll is 20 times
the maximum buy-
(2000/100 = 20)
Another way of applying bankroll management is by only putting a maximum 5% of your
entire bankroll on the table at any one time, which works out the same as having
20 times the buy-
(100/2000 * 100 = 5%)
If you like to play Limit Holdem however, you should have at least 300 Big Bets as a minimum for the limit you wish to play. Therefore if you were to play $0.50/$1 Limit Holdem, you would need a bankroll of at least $300.
It is recommended that you have a bankroll that will give you 40 buy-