Note: Want to turn your poker hobby into a profitable side job? Start crushing your competition with the expert strategiesyou’ll learn inside Upswing Lab. Finding the proper amount to risk and sticking to it will help you do that-it’ll help you maintain the attitude that every decision matters. Why treat poker any different?Īnother reason to treat your bankroll as an investment is that you play your best poker when you value every decision. No financial advisor would tell you to invest 100% of your net worth in the stock market, and it would be reckless to assume that you could afford to. The assumption that you can continually reload your bankroll is a sign that you lack the discipline to actually build a bankroll. If your initial attitude is, “I’ll start with $2,000, but I can just reload whenever if I need to,” then you’re setting yourself up for failure. You should be strict in the amount you choose to invest. Choosing an amount to start your bankroll with is similar to choosing how much to invest in the stock market, or in any other financial venture, except you are investing in your own ability. Tip #1: Treat your poker bankroll like an investment-because it is.īefore you can grow a bankroll, you need a bankroll to start with. Jose Aguilar contributed to this article. Lessons from Doug Polk’s $10,000 Bankroll Challenge.Recommended poker bankroll sizes for different game types.Today we’ll discuss the following to help you build a bankroll and ensure a long and prosperous poker career:
The bottom line is, improper bankroll management can prevent even the most talented player from moving up in stakes.
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Many potentially great players never move up in stakes because they never build a poker bankroll-and despite knowing how to manage a bankroll, they lack the discipline to follow through.
But what makes stories like his different from those about players who never reached the highest stakes?
Top players go broke sometimes. Even Upswing’s own Doug Polk once felt he’d reached the end of his rope. Not only do you need to be skilled to be a great player, you also need discipline and money management abilities. Part of becoming a great player is establishing proper poker bankroll management principles.