When I started learning about poker I was less than impressed that there was a section called “bankroll management”. I wanted to play poker, have fun and win. It sounded like a letter from my bank manager telling me to concern myself more seriously with my financial affairs. Unfortunately bankroll management is very important because if you lose all your money you won’t be able to play poker anymore.

 Statistically speaking even if you are a very good poker player, with a huge bankroll, there is a chance that you will eventually run so bad that you will go broke. Unfortunately we can’t eliminate that probability completely but we can reduce it. Common practise is to have a bankroll of 300 big bets if your game is limit hold’em.