The Bankroll Bible [Poker Tournament Strategy]

Keeping an adequate and sensible poker bankroll is vitally important to your success as a poker player. Too many players play far too aggressively with their bankroll and often go broke. I have seen it all too many times and sometimes it is extremely hard to recover as some of these poker players are used to playing high stakes but now have to start again from the bottom to build up their poker bankroll.

Do not be one of these poker players! Be disciplined with your poker bankroll and watch it grow over time. Taking shots in poker is fine, but have a stop loss and be prepared to continue grinding at your current stakes if the shot take doesn’t work.

Equally, if you run into a bad downswing you should be very open and prepared to drop down in stakes to recover some of those losses to make sure that you are now not risking a much higher percentage of your poker bankroll.

To win at poker there are 3 simple steps!
– Find a game you can beat
– Play it a lot!
– Keep a proper poker bankroll

When deciding which cash games or poker tournaments to play you must honestly assess your win rate and what your return on investment is likely to be. This will help you determine how aggressive you can be with your bankroll.

If you are deciding to take a shot at a poker game you should look to do it when the tournaments are the softest. Some indicators that a poker tournament is soft are:
– When prestige is attached. Like a big main event.
– When players are looking to gamble (nights & weekends)
– Many players are playing too big (satellite winners)
– Players are playing games they do not know (mixed games)

Make sure that you are keeping a good track of all of the tournaments that you play so that you can accurately calculate your profit/loss and return on investment (ROI).

0:00 – Poker Tournament Bankroll
0:08 – Bankroll Management Is VITAL!
1:09 – Poker Tournament Bankroll Requirements
5:54 – What Is Return On Investment? (ROI)
8:55 – Playing Poker Tournaments Of Various Sizes
11:23 – When Are Poker Tournaments Soft?
15:35 – A Typical Winning Graph For A Poker Player
18:45 – Understanding Rake In Poker Tournaments
21:15 – Re-Entry Poker Tournaments
24:59 – When Should You Re-Enter A Poker Tournament?
30:21 – Satellite Poker Tournaments
36:15 – A Summary Of Tournament Bankroll Management

On this Poker Coaching channel we cover a weekly poker topic to help improve your poker strategy!

In order to take your poker game to the next level it is vitally important you learn all the nuances of the game.

Do you know what ranges of poker hands you should be playing from each position? When should you 3-bet, call or fold? When is the right time to make a hero call or a huge bluff? Do you know how to play preflop, flop, turn & river effectively and how should your poker strategy change depending on the street? What difference does it make if you are playing multi-way vs heads-up?

#bankrollbible #pokerstrategy #pokerbankroll