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Building A Bankroll – Holdem Bankroll Management Strategy
Building a bankroll is not an easy task, unless you follow a bankroll management strategy that will increase your chances of success in poker. One key to building a poker bankroll is to only play with your limits. The strategy I will outline here will help you stay within your limits, until your bankroll allows you to move up the next level. A Bankroll Strategy is an excellent way to decrease the risk involved in poker.
What most people don’t realize is that poker is not gambling if you follow the right set of rules. There are ways to minimize the gambling factor and maximize your return on investment, even in poker.
To begin building a bankroll, you must first find a formula that you will be comfortable with. There are several common formulas that are used. Here’s one example:
Start with a $100 bankroll. This is the amount that you have set aside to use for one session . We’ll use this amount for illustration purposes, as it will be simple to understand the formula. What are the minimum and maximum buy-in amounts for the table? Maximum is most often 100 times the Big Blind. At $1/2 level, your max buy-in would be $200, or 2 times 100.
You will want to play 15-20 buy-ins for the session, so you would look for a NL Holdem Cash Game. With your $100 bankroll you’ll be playing at $.02/.04 level. .04 times 100 equals $4. With this formula you can play for 25 buy-ins at $4 each. That may not seem like much, but at higher limits, you are likely to lose everything much more quickly. The better way to learn would be to get as many buy-ins as possible so you can play more hands.
This example shows at what stakes you should be playing. Are you surprised? You are thinking that your stakes should be fine where you are, but your bankroll tells you otherwise. You need to work up to the higher limits in order to achieve long term results, like everything else that provides a reward, you need to work for it.
It’s better to play conservatively than to have a bad day, week, or month and have your whole bankroll flushed away. Building a bankroll is critical to your success in poker, so make sure to all avid by proper management of your funds.
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