Bankroll,
Mental Factors and Tilt
May 3 2008
Managing your playing cash is an essential part of being a winning player. If you don’t play at the proper level for your bankroll, you will surely go broke. No matter how good you play, you will still experience losing streaks. Playing in the proper-size game will allow you to survive these losing streaks without going broke.
That means that you have to have the self-discipline to step down a level if your bankroll dictates that you should. You should only be in a game where your bankroll is 200 times bigger than the big blind. That means you need $200 to play at a $1/$2 Limit table, and even more at a No-Limit table. So when you find yourself in the middle of a losing streak and your bankroll has shrunk to less than that amount, you must adjust the game you’re in.
Yes it will take longer to win it back, but if you stay in the bigger game you run the risk of going broke. Having a playing bankroll is very important; you don’t want to have to pull money from the rest of your obligations to play poker. Maintaining the bankroll allows you to have playing money that has nothing to do with the rest of your life. Being big enough to leave a game because it’s become too big for you is the kind of choice that makes you a winning player.
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