Bankroll Management at the Poker Tables
Bankroll management is often an overlooked skill. I found poker wasn’t fun when I got “in over my head” and saw my chip stack disappear. I stepped back and started playing for fun or for pocket change and the results improved my game and my psyche. I guess it didn’t help either that I had lost all of my money so I was forced to move down! They say hindsight is 20/20!
I did some research on what other people use for guidelines to manage their poker funds. What I’ve found is that in general having 50 buy ins for a tournament and 100 big blinds for a cash game, and be able to afford to lose it, are good rules of thumb. Now that I focus on this area I find that it’s no longer part of the equation. It’s now a given to myself when I sit in a game that it’s one I can afford, the only time I’m thinking about the money involved is when I am counting my clay chips at the cashiers cage!
Tags: chips, clay chips, poker chips