Poker Winner Blog

How much money do you need to keep from going broke if you’re a professional and poker is your paycheck?

A professional poker player should realize that every dollar she wins will not be added to her bankroll. After all, she has to pay rent and buy groceries just like anyone else, and her only source of income is her winnings. Lose, and she pays her bills the only way she can: by dipping into her bankroll. But there’s a limit to how deeply she can dig without putting herself in jeopardy. Read the rest of this entry »

By avoiding marginal situations that require you to put additional money into the pot when it’s a close call, you can play with a smaller bankroll. If you’re a winning player, you’ll eventually win just as much money. It will just take more hours at the table to reach your goals.

There is no right or wrong way to put money at risk in a poker game. Some people are comfortable with a high level of risk and have the bankroll to accommodate the fluctuations, which inevitably accompany this kind of play. Read the rest of this entry »

How large a bankroll do you need to outlast any bad run of cards and ensure that you’ll never go broke? This question comes up repeatedly whenever poker players start talking.

While “How big a bankroll . . .” is a complex issue that can’t be resolved by applying a rule or formula, there is one fact you can bank on with absolute certainty: If you are not a winning player, your bankroll will never be large enough. To eliminate the possibilities of ever going broke, losing players need a big enough bankroll to outlast their life expectancy. Without one, they’ll find themselves regularly infusing their playing stake with fresh cash. Read the rest of this entry »

Some players really do have bankrolls that can outlast their life expectancy. In Southern California, where there’s always lots of loose money at play in card casinos, these players have the derisive nickname “trust-fund pros.” Many play every day and will swear to you that they are long-term winners. Trust-fund pros seldom deceive their opponents no matter how strongly they claim to be winning players. They delude only themselves, and their opponents know it. Read the rest of this entry »