You require a bankroll to play poker!

Filed Under poker tips

bankrollNo really, this is a mistake many people make which ultimately leads to losses, and a great deal of frustration. In order to play effectively you need to have a bit of a cushion to see you through the rough spots.Amazingly enough you won’t win every hand you play, and while playing through a rough spot, you need to be in a position to keep playing till your luck improves or move to another table if it doesn’t. If your game selection requires a larger bankroll than you can comfortably afford you’ll find yourself out of the game and broke far too quickly and your enjoyment of poker will be hugely diminished.

A good rule of thumb is to have about 300 times the biggest bet at your table in your bankroll. This means that in order to play for a virtually infinite length of time on a fixed limit $0.05/$0.10 table you’ll need about $30 in your account. This will allow you to comfortably play with only a 1% chance of ever going bankrupt. This of course relies on the fact that you’re using a winning poker strategy and that you’re sticking to it, no matter what!

By using this calculation in determining your bankroll you ensure that when “Lady Luck” does smile on you, and gives you great cards to go with your great strategy, you also have the credits available to see the hand to the conclusion and maximize your win.

Essentially you can sit down at a $5/$10 table fixed limit table with $100 in the bank and play through one hand. You’d better hope you win the hand though because if you don’t you’re probably all in for the next hand. Even if you do win you’re only a few hands away from going broke if you hit a bad patch. You might enjoy the adrenalin rush you get from playing like this but you certainly won’t enjoy it for long.

So, in closing, decide in advance what you can afford to have as a bankroll and then calculate the odds you’ll get of not going broke at each table limit. Once you have this information use it to ensure that your poker gaming is as satisfying as it can be and continues for as long as you want it to.

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