The next principle is very important if you want to become a successful poker player. Even the best players in the world would go bankrupt if they have no idea about money. This is how you build a solid bankroll:
- 20 buy-ins for No Limit Hold’em
- 300 big blinds for Limit Hold’em
- 40 buy-ins for Sit ‘n Go tournaments
Proper bankroll management basically means remaining within certain limits to avoid reaching the bottom of your bankroll. Every poker player should count on a few rainy days.
It’s all about variation. Every player receives both good and bad hands, which means that winnings and losses follow each other up. If you play poker for a longer time then you will enter a period of consecutive days with no winnings. This has nothing to do with your poker play, but it’s where the luck factor comes in. Without a solid bankroll you risk losing all your money just like that. Therefore you should be able to control yourself before you join a poker table.