Full Tilt Poker Lessons and Tips from the Pros, Team Full Tilt
Full Tilt Poker Lessons and Tips from the Pros, Team Full Tilt
Full Tilt Poker Lessons and Tips from the Pros, Team Full Tilt
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Where the Pros Live, Full Tilt
Poker
Team Full Tilt
Lesson #44
How Big a Bankroll?
January 16, 2006


"Poker is a tough business," says Erik Seidel. "You can go through long
streaks when you don't win anything." When things go badly, when you can't
seem to cash in a tournament or win a significant pot in a cash game, you
come to understand the importance of maintaining an adequate bankroll.

Just how big should your bankroll be? How much money do you need to
ensure that a bad run won't put you on the rail? We Full Tilt Poker pros agree
that the answer depends on a number of factors, including the types of
games you're playing, the level of competition you're encountering, and your
psychological disposition.

As Jennifer Harman says, "Some players can be effective on a relatively short
bankroll, but others need more of a cushion. They'll get stressed out and play
scared if they don't have enough money behind them." So you need to be
aware of your comfort level at the table. If you're nervous about what you
stand to lose in a given pot, you're probably playing too high for your
bankroll. Harman, like most Team Full Tilt members, recommends a
conservative approach and suggests maintaining a bankroll that leaves
plenty of room for downswings. "If you're playing $10-$20 limit, I think
$10,000 is about right," says Harman.

John D'Agostino agrees, "You should never play a limit where you feel
uncomfortable." He suggests that a player shouldn't put more than five
percent of his bankroll in play at any time.

The need for a sizable bankroll exits for tournament play as well as cash
games. Erik Seidel, a tournament specialist, notes that long droughts are
common for tournament professionals and that entry fees can add up quickly.
"If you were to play all of the $10,000 buy-in events, you could spend half a
million over the course of year," says Seidel. "Even top players can have
years when then don't cash for $100,000, so having a proper bankroll is
critical."

"You need a much bigger bankroll in tournaments than you do is side
games," agrees Chris Ferguson. "A lot of people play tournaments without
nearly enough. You easily need 100 buy-ins. Maybe 200."

Playing over your bankroll is fine once in awhile, but all the pros concur that
it's important to leave yourself plenty of money to recover from unlucky hands
and the occasional mistake. D'Agostino, one of the top young players in
poker, offers one further tip for hanging on to your money. "Don't play Phil
Ivey heads up. I tried that once and I failed miserably."
Some of the best players in the
world have joined Team
Full Tilt
Poker
.  The Full Tilt Team
includes Howard Lederer, Phil
Ivey, Chris Ferguson, John
Juanda, Jennifer Harman, Phil
Gordon, Erick Lindgren, Erik
Seidel, Clonie Gowan, Andy
Bloch, and Mike Matusow.  

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