Bankroll Flashcards
What determines how big you play
The size of your bankroll
Your risk tolerance
When should you spend your bankroll?
Don’t spend your bankroll!
When should you promote?
When your bankroll is big enough and you’ll average more money at the increased stakes
When should you take a shot at a higher limit table?
When the game is particularly good and your bankroll can tank the potential damage
When should you play?
When you expect to win on average
When shouldn’t you play?
When the right game isn’t available. Don’t play poor hands, don’t play poor tables.
When does a bankroll need less protection?
When it’s small. A small bankroll can be replenished more readily from other sources.
When multiple games are available, which should you choose?
The game with the highest profit per hour
Four tips to help your bankroll
- Choose a number of minimum buy ins for your beginning level
- Make sure the number of minimum buy ins increases as you move up the ladder
- Choose a game you qualify for with the highest profit per hour
- Leave games when you don’t know why you’re loosing
Why should you keep a larger bankroll for online play?
Multi-table play requires a larger buy in for a play session, and causes more volatility
Should you loan to other players?
Probably not. Never if it comes from your bankroll.
Moving down quickly is better than
Staying at a level where you’re a regular looser
Do tournaments or cash games require a larger bankroll?
Tournaments: you can go on a very long run without cashing
