Bankroll management in poker
When you play poker, no matter how well you play, you could lose in the short term. Then you should of course avoid losing your entire bankroll. Poker players do this with so-called bankroll management. This means that you handle your total assets well so that you do not lose everything at once. The theory behind bankroll management is that you always play with a small part of your capital so that you can always absorb any temporary loss. However, if you play poker well, you always win in the long run. Then you can keep going up a limit and see your bankroll grow steadily! The math behind bankroll management Behind the idea of bankroll management in poker is very simple math. Suppose you have 1000 euros at your disposal. You have a 60% chance of winning 1000 and 40% of losing everything. Then of course you will lose your money. However, if you have $ 3000 and bet $ 1000, then the chance is only 40% ^ 3 = 6.4% chance of losing everything immediately. The idea is that you have a greate