1
109s
Rising Star
Bronze Level
So, forgive me if this is really elementary, but I have a question re: managing a bankroll.
From my perspective, my poker bankroll is separate from the rest of my finances. I would never stake my bankroll with money that I NEEDED elsewhere in life. Apart from professional players, I assume the same is (or rather, SHOULD BE) true for any poker player.
That said, I do not understand the standard figures that I seem to encounter with regards to what a poker bankroll 'ought to be.' Specifically, as a live player, I am told to have a bankroll between 25-50 times my standard buy-in. What is the point of this? Does this mean that I should not be surprised to see a swing as much as 12-25 times my standard buy-in (half of the recommended 25-50 buy ins)? That would be a VERY lousy swing (losing your buy in 12-15 times).
Are there other issues I am failing to consider? Can somebody clarify this for me?
From my perspective, my poker bankroll is separate from the rest of my finances. I would never stake my bankroll with money that I NEEDED elsewhere in life. Apart from professional players, I assume the same is (or rather, SHOULD BE) true for any poker player.
That said, I do not understand the standard figures that I seem to encounter with regards to what a poker bankroll 'ought to be.' Specifically, as a live player, I am told to have a bankroll between 25-50 times my standard buy-in. What is the point of this? Does this mean that I should not be surprised to see a swing as much as 12-25 times my standard buy-in (half of the recommended 25-50 buy ins)? That would be a VERY lousy swing (losing your buy in 12-15 times).
Are there other issues I am failing to consider? Can somebody clarify this for me?