could you recommend a book or else, to develop my bankroll managment?

[labatho]

My biggest mistake is that. I want to improve that, so please give me some good advise!

 

[pentazepam]

Bankroll Management Tips & Tools That Work In 2021

Even top players go broke sometimes, but you can avoid it by implementing these quick tips.

upswingpoker.com

 

[Igor G]

My biggest mistake is that. I want to improve that, so please give me some good advise!

The question is primarily about your discipline. Once you decide to be a disciplined player, all your bankroll management problems will take care of themselves.
My bankroll management system is very simple. I never spend more than 5% of my bankroll in one game session. It's simple, I follow this simple rule with discipline and I have pretty good results. My bankroll is growing.

 

[German629]

My biggest mistake is that. I want to improve that, so please give me some good advise!

Hi, labatho! By my private opinion, the Best Teacher by Bankroll management in Poker, I think, this is only own experience...
By one simple cause, because the All people are different! And Good Luck, of course, in this case!

 

[amonlima]

A safe bankroll is at least 100 buyns, however, if you are not among the best in the avg you play, there is no point, because in the long run you will go bankrupt.

 

[ROYALROAD]

I'm sorry, but I've never come across any good books on bankroll management.

 

[Gallarado777]

I think books are long outdated and you don't need them to learn about poker, unless you take psychology, then you can read books about psychologists, but you definitely won't get any other benefits from them. The best materials you're looking for about poker can be found on the Internet they tell you everything in detail or you can join poker school and study there

 

[odonob]

Bankroll management is a nonsense. Just take out your winnings when you get them. No point in having a bankroll unless you can consistently win, which most players in all reality cannot.

 

[Pokerpoet2]

My biggest mistake is that. I want to improve that, so please give me some good advise!

Bankroll Management is different for everybody, The secret to it is no Secret, You have to find what works for You and stick to it religiously, Playing the percentage idea that you should not buy-in to any game your Bankroll cannot afford is very important to stop yourself going Broke!
Whether you choose 1%, 2% or even 5% of your total Bankroll, You also have to set limits on how much you are willing to lose in one Poker session, So given that, If you can lose 10% of your total balance in any one session, Which means sticking to a 1% Strategy gives you 10 games for that session, 2% would give you 5 Games and 5% would only allow you to play 2 Games, If you are Winning then of course you can play more, but if you are losing money Then stop when you hit the maximum allowance.
It is that simple, If you are bleeding money, Stop! You could be on "Tilt" and not realise it or just having a bad day catching nothing at the tables, Whatever the reason give the game a break and come back the next day with a different mindset.
Playing a 1% Bankroll limit only allows you to lose 10 straight games, and believe me I have had days like that, But stopping when I max out, gives me the opportunity to come back the next day and crush it at the tables, Because I have stopped, run through the hands I have played and find any leaks I may have had, and plug them.
Analysing your performance when you play is very important and if you are constantly going broke, depositing over and over again, then you have the wrong Bankroll Management Strategy, and it needs changing.
I am not a Professional Player, and never will be, but I am in Profit both from On-line games and Live games, the reason I believe in that is because I only play for Fun, and there is no Fun in Poker when you are losing Money. I regularly buy-in to £5 Live games at a Pub I visit and over the years I have bought into games as High as £50, but they are still less than 1% of my Poker Bankroll I keep just for Live games.
Poker should not be about how much money can I make, It is more about How much you are willing to lose, Because without a Strategy You will Lose!

Good Luck!

 

[fundiver199]

First of all as some have already hinted at, its not possible to have a poker bankroll, unless you are a winning player. If you are a losing player in the games, you play, you can only have a budget, and if you continue playing long enough, the expected result is a 100% loss. Just as it is in any casino game, where only the house can win in the long run.

I checked your pokerstars results on sharkscope, and at least there you are a losing player over 4.515 games, although the majority of them are freerolls. Its true, that you have played some expensive tournaments, you were not bankrolled for, like a $109 and a $82 game. But even without these losses there is no indication, that you are winning in anything other than freerolls.

So what you need is not only to implement bankroll management but also to study, improve and then build a track record. And bankroll management is not so complicated, that you need a book about it. You can just use something simple like the 100 BI rule, which mean, you deposit $100 to play $1 games etc. The rest is a matter of discipline and work ethics, and this is also not something, you can learn by reading a book.

 

[Matt_Burns88]

First of all as some have already hinted at, its not possible to have a poker bankroll, unless you are a winning player. If you are a losing player in the games, you play, you can only have a budget, and if you continue playing long enough, the expected result is a 100% loss. Just as it is in any casino game, where only the house can win in the long run.

I checked your PokerStars results on Sharkscope, and at least there you are a losing player over 4.515 games, although the majority of them are freerolls. Its true, that you have played some expensive tournaments, you were not bankrolled for, like a $109 and a $82 game. But even without these losses there is no indication, that you are winning in anything other than freerolls.

So what you need is not only to implement bankroll management but also to study, improve and then build a track record. And bankroll management is not so complicated, that you need a book about it. You can just use something simple like the 100 BI rule, which mean, you deposit $100 to play $1 games etc. The rest is a matter of discipline and work ethics, and this is also not something, you can learn by reading a book.

Couldn't have put it better myself.

It doesn't matter how good you are at BRM if you're a losing player, you will still end up broke.

 

[Youvraj365]

I don't think there is a book for that but if you are really trying to learn bankroll management try learning management in general first, for this there are plenty of books available for free.

 

[ObbleeXY]

Bankroll management is a nonsense. Just take out your winnings when you get them. No point in having a bankroll unless you can consistently win, which most players in all reality cannot.

Are you making this statement with a great knowledge and understanding of bankroll management? Or do you disbelieve without expertise?
If your poker goals include being profitable at playing poker, then I don't think you can do it without bankroll management. Whenever I've ignored BRM, I've always paid for it.

The purpose opf bankroll management is to keep you being able to afford to play poker.
Lack of BRM is what puts poker players in the poorhouse...

If you haven't realised it yet, poker is all about mathematics and probability.
Profitable poker means making profitable decisions. If you are not playing at the stakes/level that your BRM can afford, you ar eless likely to be profitable.

When playing under BRM, you are not playing with money you cannot afford to lose. Quite the opposite. You ARE PLAYING WITH MAONEY YOU CAN AFFORD TO LOSE...because it is always a small fraction (e.g. one percent) of your total bankroll.

As long as you make profitable decisions at this level, you can get past variance and be considerate of "long term" results.

Variance is the important factor here. Variance is what changes poker from a skill game into a game of chance.

Playing within BRM repoints the game of chance to be a game of skill.

Thanks,
JT

 

[christovam]

Play low buy-ins, which commit a maximum of 1% to 3% of your bankroll on the day you play.

 

[ObbleeXY]

Play low buy-ins, which commit a maximum of 1% to 3% of your bankroll on the day you play.

why?
...
op's question is about recommending a book or some other source to help with their BRM.
How does telling someone "max 1-3%" with no information or justification behind the statement help them with their actual question?

 

[fundiver199]

Play low buy-ins, which commit a maximum of 1% to 3% of your bankroll on the day you play.

Bankroll management is the stakes, you play, not how much you allow yourself to lose in a day. When it comes to variance, it makes no difference, if you play one game per day for 200 days, or if you play all 200 games in a single day. So what you are talking about here is not really bankroll management but setting some sort of stop-loss for yourself. Which can be a reasonable strategy to avoid playing on tilt.

But 1-3% as a stop-loss is extremely conservative. If for instance we have a bankroll of $371 and want to play 9-man SnG on Stars, its perfectly reasonable to play $5 games, since we have 74 BIs for these. But with your system we would then be done for the day, if we dont cash in one of the first two? Or with cash games it would be reasonable to play 10NL, since we have 37 BIs, but then we would have to stop for the day, if we got felted even a single time?

We have to be able to lose at least SOME, without this resulting in a need for us to instantly end our session. So for me something like 10% would make more sense as a stop-loss. In this example allowing us to not cash in the first 8 SnGs or get felted 4 times in the cash game, before we pull the emergency brake and end our session early.

 

[labatho]

Bankroll Management is different for everybody, The secret to it is no Secret, You have to find what works for You and stick to it religiously, Playing the percentage idea that you should not buy-in to any game your Bankroll cannot afford is very important to stop yourself going Broke!
Whether you choose 1%, 2% or even 5% of your total Bankroll, You also have to set limits on how much you are willing to lose in one Poker session, So given that, If you can lose 10% of your total balance in any one session, Which means sticking to a 1% Strategy gives you 10 games for that session, 2% would give you 5 Games and 5% would only allow you to play 2 Games, If you are Winning then of course you can play more, but if you are losing money Then stop when you hit the maximum allowance.
It is that simple, If you are bleeding money, Stop! You could be on "Tilt" and not realise it or just having a bad day catching nothing at the tables, Whatever the reason give the game a break and come back the next day with a different mindset.
Playing a 1% Bankroll limit only allows you to lose 10 straight games, and believe me I have had days like that, But stopping when I max out, gives me the opportunity to come back the next day and crush it at the tables, Because I have stopped, run through the hands I have played and find any leaks I may have had, and plug them.
Analysing your performance when you play is very important and if you are constantly going broke, depositing over and over again, then you have the wrong Bankroll Management Strategy, and it needs changing.
I am not a Professional Player, and never will be, but I am in Profit both from On-line games and Live games, the reason I believe in that is because I only play for Fun, and there is no Fun in Poker when you are losing Money. I regularly buy-in to £5 Live games at a Pub I visit and over the years I have bought into games as High as £50, but they are still less than 1% of my Poker Bankroll I keep just for Live games.
Poker should not be about how much money can I make, It is more about How much you are willing to lose, Because without a Strategy You will Lose!

Good Luck!

Thank you brother! This poem was more than helpful!!

 

[labatho]

First of all as some have already hinted at, its not possible to have a poker bankroll, unless you are a winning player. If you are a losing player in the games, you play, you can only have a budget, and if you continue playing long enough, the expected result is a 100% loss. Just as it is in any casino game, where only the house can win in the long run.

I checked your PokerStars results on Sharkscope, and at least there you are a losing player over 4.515 games, although the majority of them are freerolls. Its true, that you have played some expensive tournaments, you were not bankrolled for, like a $109 and a $82 game. But even without these losses there is no indication, that you are winning in anything other than freerolls.

So what you need is not only to implement bankroll management but also to study, improve and then build a track record. And bankroll management is not so complicated, that you need a book about it. You can just use something simple like the 100 BI rule, which mean, you deposit $100 to play $1 games etc. The rest is a matter of discipline and work ethics, and this is also not something, you can learn by reading a book.

Thank you very much, to put effort looking for my results and giving back a personal review. I wish, the next time, when you check sharkscope, u will see some difference.

 

[labatho]

I don't think there is a book for that but if you are really trying to learn bankroll management try learning management in general first, for this there are plenty of books available for free.

Could you tell me one?

 

[dreamer13]

A guide to building a bankroll. Full ring edition.
Author of the book: Pavel “Verneer” Nazarevich.

 

[Poker Orifice]

Pretty sure you won't need a book. You won't even need 1 page from a book (maybe 1 paragraph)

If you're playing with intentions of not depositing regularly 'or' if you're playing with a poker bankroll, you should aim to have
MTTs 100buyins for micros (small fields you might be able to get away with slightly less), otherwise ~200 buyins is recommended

Cash game 25-to-30 buyins

 

[martDdart]

I reed a lot of poker books and I learned that to do a buyin you should have at least 20 times the buyin in your bankroll to buyin. To play a 100 $ buyin you need 2000 $ in your bankroll. I follow this and it works fine.

 

[dzsire]

Of course, there are appropriate admonitions, but it is best if you know why you are tempted and do not make the same mistake again.
For e.g. if you lose your money in the casino, then don't sit in anymore. On the other hand, if you only play poker, the most important rule is the '100 buy-in' principle.