Poker Bankroll Calculator – Shows What Tournament Buy-In Levels Are Right For Your Bankroll
Experienced poker players use bankroll management to smooth out the natural swings in the game. This cool widget will give you a head-start on the opposition by showing you what buy-in levels are safe for your starting bankroll.
Underneath the widget you will find an explanation of key poker bankroll management principals. And some great advice for making sure you give yourself the best possible chance of building a big balance and breaking through to the next level.
POKER BANKROLL CALCULATOR
Finding games with the softest opponents will make you way more money. Check out Unibet Poker - tables are packed full of fish from the big sports betting side. You’ll get a £20 welcome bonus + super-easy £500 play-through bonus + some of the most profitable promos anywhere. Check out www.unibet.com now!
Finding games with the softest opponents will make you way more money. Check out BetOnline Poker for the easiest games of any offshore US-friendly site. You’ll get a 200% welcome bonus + industry leading promos. Check out www.betonline.com now!
Finding games with the softest opponents will make you way more money. Check out Unibet Poker - tables are packed full of fish from the big sports betting side. You’ll get a £20 welcome bonus + super-easy £500 play-through bonus + some of the most profitable promos anywhere. Check out www.unibet.com now!
Finding games with the softest opponents will make you way more money. Check out BetOnline Poker for the easiest games of any US-friendly site. You’ll get a 200% welcome bonus + industry leading promos. Check out www.betonline.com now!
How To Use This Poker Bankroll Calculator:
This widget will show you which buy-in levels to aim for in Sit N Goes and Tournaments. Simply put your starting bankroll and choose your player type, and you’ll see the numbers appearing.
For multi-table tournaments, this is your average buy-in level, which can include shots at higher buy-ins as long as they are balanced with smaller buy-in games. Your ideal Sit N Go bankroll will depend on whether you are multi-tabling 5+ games.
You’ll find some background and some practical uses of poker bankroll management below – first of all, here is an awesome deal to make sure you get that bankroll off to a flying start!
Poker Bankroll Management – Overview And Practical Uses
The reason we need to manage our poker bankrolls is variance – the chance flip of the cards which can make a huge difference to whether you win or lose, no matter how well you play.
Variance has undoubtedly made entire poker careers. There must be 1000’s of pros who ‘ran well’ when they first started and then built their skills later. Conversely, there will be millions of players who gave up poker after starting with a little bad luck – many of them are probably more than capable of beating the game.
The longer you play the more you see how downswings and upswings feature in the game.
There is only one solution for players wanting to ride out the storms and keep their poker profits steady, and that is bankroll management.
Bankroll Management Guidelines Seem Very Strict
When you are new to poker, the bankroll management guidelines seem crazy – 1% of your bankroll for tournaments? Only 5% in any one cash game? How will you ever make money with those rules.
Well, the truth is that these numbers have come from the collective experience of millions of players over decades. It gets proven over and over again, that if you risk more of your bankroll than the general guidelines, your risk of going broke even when you are playing well shoots up.
Here are the general guidelines:
Cash Games: Play with 5% of your bankroll on any one table, this is 20 buy-ins for your current game.
Sit N Goes: Play with 50 buy-ins for your current level.
Tournaments: Play with 100 buy-ins for your average game.
Pot-Limit Omaha Cash Games: Play with 30 buy-ins for your current level.
Poker Bankroll Management – Using These Guidelines To Take Shots
I recommend that you take shots at the next buy-in levels up. This can seem contradictory on a page which is showing you strict bankroll management rules – however it is not.
The alternative is to keep building your bankroll until you have 20 / 50 or 100 buy-ins for the next level up. This can be slow, and there is no guarantee you will be able to beat the next level when you do get there.
I suggest that you build up 4 or 5 buy-ins for the next level instead.
You can then take a shot with that money. Maybe also cutting down on the number of tables you play so that you can watch the games more closely. If you win then great – you will have the bankroll to move up fast. If not then you can sit back in the games which you know you can beat, and rebuild.
The advantage of using bankroll management to take shots is that it only takes a good run at the next level to see you move up very quickly. You could be crushing the mid-stakes while your friends are still grinding it out at the micros!
Poker Bankroll Management – These Factors Influence Your Final Choice Of Bankroll Level
Several factors influence whether you stick strictly to bankroll management guidelines – or whether you can be a little more flexible on this.
Can You Easily Reload?
If you are a recreational player who can easily reload your account with more funs if it all goes wrong, then you should relax with these guidelines a little. I’d go for 50% of the recommended levels at least as insurance against mild downswings though.
Are You A Maniac At The Tables?
Your playing style will make a big difference. At the extremes, tight and conservative players will not have the big wins too often, though will not see such swings in their bankroll either. If you are loose and aggressive then your win-rates should be higher, though your swings will be bigger – meaning you need to be stricter with bankroll management.
Are You An Online Poker Pro?
If you aspire to make poker your sole source of income, then you’ll need to take bankroll management seriously. The added pressure of needing to make regular cash-outs will benefit from a little more protection from variance.
Bankroll Management And Active Table Selection
Finally, you really need to be focused on finding the softest games if you are really going to make poker pay. Active table selection can add 20% to your hourly profits very easily (something that is hard to do with play alone!), and seeking the fishiest sites – especially those linked to sports books – can make an even bigger difference. Check out the Fish-o-Meter widget up-to-date advice on the softest sites around.
In the meantime – do your bankroll a favor, take advantage of this great offer!
Popular Bankroll Management Articles
New! Poker Loyalty Schemes Comparison Widget - Input your games and hours played and see the rewards of the 6 biggest international sites side-by-side (you'll be surprised!!)
Introduction To Bankroll Management For Sit N Goes – Explains The Key Factors Affecting The Need For A Robust Bankroll In The SNG Games!
Beginners Guide To Bankroll Management For Poker Tournaments – For MTT Players, Covers The Important Factors Affecting The Size Of Your ‘Roll In MTTs
Best SNG Bonuses – We All Love A Bonus! This Article Goes Beyond The Headline Numbers To Compare The Best With The Rest, And Highlights Some To Avoid Too!
Sample Size And Confidence Intervals – How Sure Can You Be That Your Sample Of Games Is The Result Of Skill And Not Simply Chance? Find Out Here!
Best Games To Build A Bankroll – Looks At SNG Tournaments And Variations Of Different Sizes And Gives Pros And Cons Of Each For Bankroll Building.
Is It Possible To Be A Pro Satellite Player – Inexperienced Fields Make Satellites Profitable, But Can These Be Used To Build A Poker Bankroll?
Build Your SNG Bankroll From $50 – Our Guide To Building Your SNG Bankroll From $50 to $1000’s, With The Help Of Several Top Poker Site Bonuses
Using The Kelly Criteria For Poker Bankroll Management – Applies The Kelly Approach To Tournaments