Bankroll Management help

Here are some bankroll managemnt rules for beginners.

The following principle is key to becoming a successful poker player. Without the proper money management skills, the best players in the world would go broke. For all you begigner-readers, here are the basic rules of bankroll management for Texas Hold'em.

20 buyins for NL Hold'em.
300 big blinds for Limit Hold'em.
40 buyins for SnG Tournaments.

What is bankroll management?
"Bankroll management" (sometimes abbreviated to BRM) is where you play at certain limits to avoid losing all of your bankroll due to bad runs of cards, which any poker player must expect from time to time.

This is called "playing within your bankroll". Subsequently, if you play at higher limits where there is too great a chance of losing all of your poker money, you are "playing out of your bankroll".

Why is bankroll management important?
The reason why you should choose your limits carefully in poker is due to the variance. Variance is a term used to describe the "ups and downs" of poker where you fluctuate from having bad runs of cards to good runs of cards, resulting in varying profits and losses.

If you play poker for long enough there are going to be periods of time where you will consistently lose money, not because you are playing badly, but because the cards are not falling your way. This means that if you do not have enough money in your bankroll to absorb these big downswings, it is likely that you will lose it all.

Every player, irrespective of ability, will experience variance in their game. Bankroll management is in place to deal with this variance and allow you to continue playing without going broke.

Therefore every time we sit down at the poker table, whether it be live or online, we want to give ourselves the best opportunity to win a maximum amount of profit whilst keeping the risk of going broke minimal. This is where the rules of bankroll management come into play.

So what limits should I be playing at?
Cash games.
If you are playing pot limit or no limit poker, the safe recommended size of your bankroll is 20 times the full buy-in of where you want to play. This means that if you want to have the best chance of making money at a $1/$2 game where the maximum buy-in is $200, you should have a bankroll of at least $4000.

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-in for the game.

If you like to play limit Holdem however, you should have 300 Big Bets as a minimum for the limit you wish to play at. Therefore to play $1/$2 limit Holdem, you should have a bankroll of at least $600.

Tournament games.
It is recommended that you have a bankroll that will give you 40 buy-ins to the level of tournaments that you wish to play at. Therefore if you want to play at the $10+$1 Sit n Go's you should have a bankroll of $440.

Bankroll management table.
NL Holdem Blinds Bankroll
5c/10c $200
10c/20c $400
25c/50c $1,000
$0.50/$1 $2,000
$1/$2 $4,000
$2/$4 $8,000
$5/$10 $16,000
$10/$20 $40,000
$25/$50 $100,000
$50/$100 $200,000

Limit Holdem Blinds Bankroll
5c/10c $30
10c/20c $60
25c/50c $150
$0.50/$1 $300
$1/$2 $600
$2/$4 $1,200
$5/$10 $3,000
$10/$20 $6,000
$25/$50 $15,000
$50/$100 $30,000

SnG Tournaments Blinds Bankroll
$1 + $0.1 $44
$2 + $0.2 $88
$5 + $0.5 $220
$10 +$1 $440
$20 +$2 $880
$30 +$3 $1,320
$50 +$5 $2,200
$100 +$10 $4,400
$200 +$20 $8,800
$500 +$50 $22,00

The guidelines noted above are very general rules that should give you the best opportunity to make money from playing Texas Holdem poker without going broke. However there are going to be some exceptions and alterations depending on how and where you play.

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Bilucky Silver 1
3982d ago

I agree with your rules for mtt tournaments, but for single table sng  tournament you can use the 20 buy in rules. 

SmokeDaAces Silver 2
3982d ago

I disagree...yeah you can play with 20 buy-in in the single table SNG's. but that doesn't protect you against a downswing. Personally I use a 45 buy-in rule for single table SNG's to be fully protected.


PF_pitboss Platinum 3
3982d ago

For cash games, I would recommend a much higher amount than 20 buyins.  You can very easily lose 3-4 buyins in a session and to lose 20% of your bankroll in one session isn't wise at all.

Here's a link I found to bankroll management guidelines.  Check out the bottom where they list Pro vs. Protected vs. amateur who will likely have to redeposit.


Supererou Bronze 3
3982d ago

Well, I don't know ... I follow my rules.

The point is just stick to bankroll managementt, because I think not respecting this rules is  the most frequent mistake beginners do...

Bilucky Silver 1
3981d ago

The risk is not the same in a 6 or 10 players sit&go and in a 180 players mtt sit&go.

Posted by nailedanother1 on 09/01/2010 2:20PM [ Reply ]

Ya what are the rules for 6 person vs 10 person? Are the rules above for 10 player?

TedHeris Silver 3
3969d ago

I never thought the bankroll manegment  rules and won. When I started to observe it lost. Why?