Todays Graph

Today im all good with micro stakes SnG tournaments here is the graph ;)

Bankroll Management

What is bankroll management?

"Bankroll management" (sometimes abbreviated to BRM) is where you play at certain limits to avoid losing all of your bankroll due to bad runs of cards, which any poker player must expect from time to time.

This is called "playing within your bankroll". Subsequently, if you play at higher limits where there is too great a chance of losing all of your poker money, you are "playing out of your bankroll".

Why is bankroll management important?

The reason why you should choose your limits carefully in poker is due to the variance. Variance is a term used to describe the "ups and downs" of poker where you fluctuate from having bad runs of cards to good runs of cards, resulting in varying profits and losses.

If you play poker for long enough there are going to be periods of time where you will consistently lose money, not because you are playing badly, but because the cards are not falling your way. This means that if you do not have enough money in your bankroll to absorb these big downswings, it is likely that you will lose it all.

Downswing ;d

Every regular poker player knows that you can't come out of every poker session with more money than you started with. There are always going to be sessions where you end up losing more than you win, and often there is very little that you could have done to prevent it.

Even though poker involves a certain amount of skill, luck is something that is always going to be a big influence on the outcome of each individual session, and it always will be. Any poker player that plays regularly enough will find that luck gets the better of us sometimes for longer periods than we would like, and for some, this stretch can seem never ending.

Facing a big downswing in poker.

As a frequent player at the cash or tournament tables, we are prepared to lose 2 or 3 buy ins or not place in a number of tournaments from time to time, its just the way it goes. But occasionally, although it doesn't happen very often, a 2 or 3 buy in loss will just be the tip of the iceberg. We will come face to face with a seemingly never-ending stretch of bad cards and busted draws.