Mastering The Fundamentals: Bankroll Management Tips
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- Опубликовано: 10 июн 2024
- Today I will give you some of my best tips for managing your poker bankroll to help you move up stakes and crush poker!
It takes a lot of hard work and dedication to get to the highest stakes. Poker is not a get rich quick scheme and following the fundamental rules for managing a poker bankroll is crucial to long term success at the table.
Be disciplined with your poker bankroll and watch it grow over time. Taking shots in poker is necessary, but have a stop loss in place and be prepared to lower your stakes if it does not work out.
In addition to solid bankroll management, you need to focus on other factors to really crush the games, like choosing the best seat and table! You want to be at the party table, not the table full of people wearing headphones!
In this video, I will discuss the following poker bankroll management tips (and a lot more!)
Poker Bankroll Tip #1 - Your Bankroll is NOT an ATM
Poker Bankroll Tip #2 - Ensure your bankroll can survive bad downswings
Poker Bankroll Tip #3 - Understand your ROI over a decent sample size to gage your ideal bankroll
See how well YOU know the poker fundamentals with my fundamentals quiz! pokercoaching.com/fundamental...
#jonathanlittle #bankrollmanagement #pokerstrategy
Do YOU keep a proper bankroll? Be honest... 🤥
Love your videos, I have listened to your audio book 20 times over. I listen everyday to and from work. Would love to turn into a pro and change my family's life. Thank you for the knowledge.
"I rather be drawing dead than be out of action."
I am in loss always -
Not really... sadly
No but I'm going to start lol I know of a couple soft games but they are a little crazy double board bombpots with no limit Omaha lol 😂 I was crushing them before but failed to put the money away 🤯
Rampage needs to watch this.
😂😂😂😂
🤣😂🤣☠️💀☠️
Definitely!
Ouch 😮!
Corey Eyring needs to watch this
Your description of the once or twice a year, lots of satellites, cool trophy, etc. is a perfect description of my favorite place to play. LOL
been watching your teaching videos aswell as reading modern poker theory by michael acevado, all i can say is thank you.
i didnt truly realise how little i know until now.
In fairness... A new CD after a win is a pretty reasonable way to treat yourself 😂 I would presume it wasn't just the CDs that forced him to quit
Great content and insights JL! Keep it up
What's the name of you new book and is it on audible? Please and thanks
As a mostly recreational player who now actually has income to work with (and would play at stake/volume combos well below my means) I think of it as a "maximum downswing size" metric. Basically, if I play 10NL with a 3BB/100 win rate, I can expect to at some point have a 5% chance of a downswing of $1000 or more if I play for long enough, which is insanely large compared to what many 10NL players would expect.
I was hoping to here an additional tidbit on the CD guy. Every time a new one comes out I watch simply because of Mr. Eminem CD lover. Maybe next time we find out he bought every Eminem CD and a nice CD player and headphones. ;)
I don't. I take way too many shots esp tournaments
In a different bankroll video, you said that people shouldn't play poker to supplement their monthly income, which is exactly what I was planning to do. Why shouldn't I do that, and what should I do instead?
What cds did he buy though? Master P?
Can you just answer the most important question all players that don’t have a bankroll . How do you build one ??? What type of style do u have to play to build it ???
Run good pray
Or find a game you can beat play it a ton.
Find a solid soft daily
Literally he covered that the first 8 minutes of the video
Starting bankroll has to come from somewhere. Maybe you start by funding it with $400/month from your job or taking $6000 from your vacation fund/savings. Somewhere. Or like JL said early on, grind the micro stakes starting with $50. You can start by grinding freerolls too.
Very well said
Currently I put 100$ on coin poker with cash app bitcoin and so far so good.
Okay, so in 6 max cash games, where do i draw the line with b-I's? I chewed through 8 stacks on a very bad tilted day, and Im thinking I need better stop loss control.
Or better tilt control
My general rule is take out a percentage of my winnings each month once I hit a certain target, then the target increases each time I withdrawl this means I never go broke and build my bankroll steadily.,
I'm generally pretty cautious so will not take shots at the highest stakes as I consistently win on the mid-stakes unless I table select well.
Good morning Mr.Little
Hello there!
Hey Jonathan…how would I go about sending you info about a pretty crazy pot I played recently that you may decide to break down for us?
What is the risk of ruin with this cash game bankroll requirement?
A very low risk 3%. I think he went very low for people who dont ever want to move down in stakes to adjust ROR. If ur willing to move down in stakes if u sustain a long downswing, u can use a higher ROR strategy since moving down also lowers ROR.
It sucks when the closest beatable game, or any game is 1,5 to 2hrs away. Makes it hard to "Play a lot".
You will probably be a lot happier if you lived closer to a good game if you love poker it’s your life
@qsdailydose8970 May 3rd Baby!! My worthless local casino is FINALLY opening their poker room back up. So Yes, I will be a whole hell of a lot happier when I can just go play instead of the rigamaro I have to pull of just to play one lousy session of poker.
If you’re playing full time don’t you have to withdraw to pay bills, eat, etc
If ur playing full time, youve already grown a huge bankroll that u keep depositing into and withdrawing from for all of ur expenses, this video doesnt apply to u. Youve "graduated" already.
I have noticed a pretty consistent pattern for live cash. I'll have 1-2 months of decent winning sessions. Then I'll have 1-6 weeks of losing sessions. When I'm losing its always to donkeys who don't understand basic concepts of poker like pot odds, and equity. They'll call my pre flop raise with a hand like 74o. They'll flop a gut shot and refuse to fold only to be rewarded on the river and take my stack. Meanwhile I've got a set, or a premium over pair. But when I slow down and don't bet so hard vs these donkeys then they miss and I just end up scooping small pots vs them. It's beyond frustrating.
If we are not going to withdraw money then what is the point of playing poker ?
Once you have a way sufficient bankroll, go ahead and withdraw some money from it.
It doesnt mean you never use the money for the rest of your life. It means if you want to move up in stakes to increase your EV, you need a bigger bankroll. If you have a sufficient bankroll to play the game you are at, then you can use the money above that amount. But you will not be able to play bigger games unless you increase your bankroll.
Hi johnathan. I’ll teach you chess if you teach me poker :)
He’d probably rather you just sign up for his site’s training, really. And you can in turn have him sign up for the training on your chess training website.
Avoiding the regs is the easiest way to win above 1bb/100
So then for those of us in CA with no online option if we don’t have $6000 to play with I guess we just don’t play. OK
Well, don’t live in such a forsaken place
You’re not wrong…
there are online sites that don't care what state youre in, but also you don't need to be as conservative with your bankroll if you're not planning to play full time. If you only have $1000 you're willing to play with but if you lose that you can make another $1000 to play with over the next few months then it's no big deal. If you've got $1000 to your name and decide to play 2/5 for a living, you've got about a 50% chance of making it through the first day 😂
You are technically taking a shot at $200nl if your only option is live and you don’t have a proper BR.
first
Lol
Very informative video. I have a question about the bankroll. When you say a poker player needs $20,000 for 3 wins out of 100 hands; is that the total amount you bring to the casino or just total amount in reserve to withstand the ups and downs?
You need 20k reserve for up and down. And it is 3bb win after every 100 hand, not 3 wins out of 100 hands.