If you are going to be serious about trying to make money playing poker then you have to put some thought into how you manage your poker bankroll. It is one thing to play a little poker on the side while you work at your regular job. If you do that, then as long as you don’t play too high of stakes, then your poker winnings are an added bonus, and if you lose you can buy in again with your regular income.
However, if you want to treat poker as a serious source of income, and use it to make money without to fund it from your job when you go broke, then you will need to manage your bankroll. Managing your poker bankroll means playing at stakes where you can afford a losing streak and still continue to play. Many people underestimate how long even a good poker player can go on a losing streak. So it is important to have a large bankroll relative to the stakes that you are playing.
Below is a collection of some of the better poker bankroll calculators available on the internet. Use them to get an idea of how much money you need for poker to stand a reasonable chance of surviving the occasional losing streak without going bankrupt. Some of the poker bankroll calculators are geared towards the traditional brick and mortar poker player, others are geared towards the online poker player. As always, EasyPokerChips.com does not endorse online poker playing by Americans, and encourages you to check the legality in your local area.
Poker Bankroll Calculators
- Poker Bank – This free poker bankroll calculator is an extremely easy to use tool. Simply input your current bankroll and it will recommend the highest stakes that you should play cash games at.
- Sit and Go Planet -This is a free bankroll calculator that gives a maximum tournament & sit and go buy in that you should play for your bankroll and skill level.
- Bankroll Requirements Calculator - This interactive calculator lets you input your win rate and acceptable “risk of ruin” to calculate how large your bankroll should be
- Bankroll Tools - This is 4 free poker bankroll calculators in 1. Including an income estimator, bankroll calculator, and a calculator for sit and gos and multi table tournaments
- U-Devils Calculator - This is a cool calculator that will plot up how large your bankroll should be considering your win rate and acceptable risk of ruin
If you know of any other poker bankroll calculators or have used any of the ones listed above, leave a comment and let us know what you liked or didn’t like
No comments yet