Friday, February 01, 2008

Bankroll Overview - Chris "Fox" Wallace

It has occurred to me recently that many people have questions about bankroll management that aren't easily answered with just a simple number or a formula. This article should give you some ideas about how to think about your bankroll and what you need to know to come up with a reasonable bankroll strategy for yourself.

I'll start with a few numbers for reference. These aren't exact numbers, but they are a good place to start, and for our purposes they will do just fine. Below there are three columns. The numbers in the "Pro" column are for players who derive the majority of their income playing, and would be devastated financially if they lost their bankroll to a bad run of cards. Using these figures will yield a less than 1% chance of going broke over the course of a lifetime of play assuming that you are a solid winning player.



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