Bankroll Management can mean the difference between a long-term winning player and a losing player. It is a skill that is based all around self-control, yet many poker players have extremely bad bankroll management skills. Bankroll Management is centered around the idea that each player has a certain amount of money in their bankrolls and based on that number, they should not be playing any games that have a buy-in over a certain number. Imagine if a player had $500 in their Full Tilt bankroll. Although it is obvious that player should not be playing in $200 tournaments, that is exactly what many players do.
The point of using a bankroll is to give yourself as many shots a big score as possible. If a player is playing $200 tournaments with a $500 bankroll, he is going to have 2.5 shots at a big score. However, if that player adjusts and starts to play $5 tournaments with his $500 bankroll, he is going to have 100 shots at a big score. The difference is staggering and should not be overlooked by any player.
Under each game, there are going to be three categories, “Pro”, “Protected” and “Unprotected”. Pro means the player is using bankroll management that a professional player would abide by. Protected shows the bankroll management skills of a conservative player while unprotected shows the bankroll management skills of someone who is “taking shots” at FullTiltPoker.com bigger tournaments and ignoring his bankroll.
No Limit Hold Em Cash
For a “Pro,” proper bankroll management skills would say that the player should not play at a game level where he has less than 45 buy-ins. This means that if he sits down with $11, he should at least have a $4500 bankroll. When a player drops down to just being conservative, then he should not play where he has less than 25 buy-ins. Lastly, when a player is playing with poor bankroll management, he never plays where he has less than 15 buy-ins.
Sit and Go
A Pro never plays at a level where he has less than 65 buy-ins, a conservative player never plays where he has less than 45 buy-in and an unprotected player never plays where he has less than 20 buy-ins.
A Pro never plays at a level where he has less than 200 buy-ins, a conservative player never plays where he has less than 100 buy-in and an unprotected player never plays where he has less than 40 buy-ins.