Factors to Take Into Consideration When Working Out Poker Bankrolls
One of the most frequently asked questions by people starting to play poker seriously, especially online, is as to how big their poker bankrolls should be. It is not hard to empathize with the askers of this question. After all, this is a question that touches directly on the financial side of poker. And the financial side of poker playing - as indeed the financial side of anything - is the one side that matters more to most people. In a way of speaking, we can say that it is 'where it can hurt most.' Of course, it is also where the most benefit can come from, given that without adequate poker bankroll, you won't be able to play the best game of poker you would otherwise play. How, in any case, do you place bets when you don't have adequate bankroll? And if you don't place bets, how do you expect to win anything? Yet when all is said and done, people don't want to have bigger bankrolls than they really need: nobody wants to tie up money unnecessarily.
Now the answer to the question as to how big a poker player's bankroll should be is that 'it depends.' What does it depend on, you ask. Well, it depends on a number of factors, a number of which we are going to explore here.
One of the factors that you need to take into consideration when working out what would be an adequate poker bankroll is what type of poker game you are looking to play. If, for instance, you are looking to play draw poker, then you may not need very big poker- bankrolls. But if you are looking to play something like No Limit Holdem Poker or Triple Draw or yet still Stud, then you definitely need a bigger poker bankroll. So, one of the factors that go into determining what the ideal size of a poker bankroll would be is what game you are looking to play.
Another factor that you need to take into consideration, when working out what an adequate poker bankroll would be, is as to what type of a poker player you actually are. Are you, for instance, the sort of a player who limits themselves to a few (focused) 'pots' or are you the rather ambitious type of player who tends to put up many 'pots' at once? If the latter is the case, then you obviously need bigger poker bankrolls than the person who tends to play a tight game, of just a few focused pots.
Your motivation for playing poker will, of course, be another factor that goes into determining how big your poker bankrolls should be. If you are looking to go into poker playing as a full time job, then you obviously will need bigger poker bankrolls than someone who is into poker as a hobby, on a part-time basis.
There are some people who argue that rather than bothering yourself with all these considerations, you would be best off putting up a poker-bankroll about 300 times your biggest bet. So if your biggest bet is $1 (for instance),you maintain your poker-bankrolls at $300. But many authorities feel that this way of thinking is rather too simplistic. They argue that looking at the previously outlined factors - like the game of poker you will be playing, what type of a poker player you are and what your motivation for playing poker is, you can be in a position to work out better poker-bankrolls.
One of the most frequently asked questions by people starting to play poker seriously, especially online, is as to how big their poker bankrolls should be. It is not hard to empathize with the askers of this question. After all, this is a question that touches directly on the financial side of poker. And the financial side of poker playing - as indeed the financial side of anything - is the one side that matters more to most people. In a way of speaking, we can say that it is 'where it can hurt most.' Of course, it is also where the most benefit can come from, given that without adequate poker bankroll, you won't be able to play the best game of poker you would otherwise play. How, in any case, do you place bets when you don't have adequate bankroll? And if you don't place bets, how do you expect to win anything? Yet when all is said and done, people don't want to have bigger bankrolls than they really need: nobody wants to tie up money unnecessarily.
Now the answer to the question as to how big a poker player's bankroll should be is that 'it depends.' What does it depend on, you ask. Well, it depends on a number of factors, a number of which we are going to explore here.
One of the factors that you need to take into consideration when working out what would be an adequate poker bankroll is what type of poker game you are looking to play. If, for instance, you are looking to play draw poker, then you may not need very big poker- bankrolls. But if you are looking to play something like No Limit Holdem Poker or Triple Draw or yet still Stud, then you definitely need a bigger poker bankroll. So, one of the factors that go into determining what the ideal size of a poker bankroll would be is what game you are looking to play.
Another factor that you need to take into consideration, when working out what an adequate poker bankroll would be, is as to what type of a poker player you actually are. Are you, for instance, the sort of a player who limits themselves to a few (focused) 'pots' or are you the rather ambitious type of player who tends to put up many 'pots' at once? If the latter is the case, then you obviously need bigger poker bankrolls than the person who tends to play a tight game, of just a few focused pots.
Your motivation for playing poker will, of course, be another factor that goes into determining how big your poker bankrolls should be. If you are looking to go into poker playing as a full time job, then you obviously will need bigger poker bankrolls than someone who is into poker as a hobby, on a part-time basis.
There are some people who argue that rather than bothering yourself with all these considerations, you would be best off putting up a poker-bankroll about 300 times your biggest bet. So if your biggest bet is $1 (for instance),you maintain your poker-bankrolls at $300. But many authorities feel that this way of thinking is rather too simplistic. They argue that looking at the previously outlined factors - like the game of poker you will be playing, what type of a poker player you are and what your motivation for playing poker is, you can be in a position to work out better poker-bankrolls.
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