March 05, 2014

Your Bankroll Part 1: How Big Is Big Enough?

In this first installment of a two-part article, I hope to give you a little more insight into how to choose the size of your roll.

The advice out there on bankroll size is sparse, and doesn't delve deep enough to be of concrete help to the average player.

To come to a conclusion on how large your bankroll needs to be, you first need to answer a few questions about the game, and how you intend to play it.

What Is Poker to You?

The first question you have to answer is the most important: What is poker to you? Is it a game, a hobby, an obsession or a profession?

How Do You Play Poker?

If you answered marked card tricks anything other than "obsession" or "profession", then this question is moot to you.

Are you TAG, LAG or something else entirely? Do you like to gamble, or do you wait for the nuts? Are you willing to push your stack on the come with a semi-bluff, or are you only playing made hands?

Are you only playing live, or are you playing online? If you're playing online, are you multi-tabling?

What Is Your Quality of Life?

This question is only applicable to players who are choosing to play poker professionally.

Do you live at home, pay rent, mortgage? Do you own a car, a boat? How many loans do you have? Do you like to eat KD or filet mignon? What is your minimum monthly needed income to sustain your current standard of living? Are you happy with your current standard, or do you want to make an improvement?

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