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Steve-O · #5 (**permalink**) 01-21-2005, 01:46 PM

now the complicated part,

bankroll requirements for an unreplaceable bankroll.

There are all kinds of theories on this

~ X amount of money

~ X amount of buy ins

~ stakes played and using your standard deviation to determine the right amount

whatever the method that is used, the main purpose is to prevent you from going broke.

Form 1 - if you lose this type of bankroll you are in a lot of trouble, and probably had no buisness playing poker professionally in the first place.

A pro needs the biggest bankroll of anyone, you would think since they are probably the best players the opposite would be true. suppose a pro has a $20,000 bankroll playing $40/$80 (250 bets)and loses $4,000 1 month, you would think this is ok but heres what happens;

he also has to pay his bills and expenses from his roll now (lets say $2,000) so now his roll is down to $14,000 or 175 bets. if he has another month like this or even 2 break even months he is in hot water.

He will have to add all winnings back to his bankroll to rebuild it.

when you could have to pay living expenses from your bankroll you should probably keep 500+ big bets in it. I had a 3 month span where i lost $1400, but add that i had to pay bills with my bankroll and it was more like an $8000 loss to my bankroll over those 3 months.

More to come