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Do you know the two most important things needed to play poker? Money and discipline. Without discipline you are destined to lose all of your poker money…and without poker money, you won’t actually be able to play. This is why BRM, or bankroll management, is so important.A good BRM strategy ensures that you always have enough money to play in your games and can withstand normal poker variance. A good general rule is the 20 buy-in rule which states a NLHE cash game player should always have at least 20 buy-ins for the level they’re playing…but this video/article combo goes a step further and looks at professional players and also shot taking. Welcome to this Quick Plays video on bankroll management. Bankroll management, also referred to as BRM, is a core principle that all successful poker players must understand and abide by. Knowing how to manage and allocate our bankroll keeps us in the game and away from being broke. So let’s explore this powerful concept…You may have heard the popular poker adage “playing within your bankroll.” This phrase can mean two things:Having a big enough bankroll to withstand common variancePlaying a level that your bankroll AND poker skill level supportAs we all know, there is a lot of variance in poker. Sometimes everything goes right and we feel like geniuses, and other times everything goes wrong and our opponents hit every flush draw against us. So it&#online poker real money philippines8217;s important that our bankroll can handle these common fluctuations (also known as variance).The common rule for NL cash game players is 20BI. So if you play $1/$2 live cash games and buy in for 100bb, or $200, then you should have a bankroll of at least $4,000. And if you play $25NL on online and buy-in for 100bb then you should have a bankroll of at least $500. This rule ensures that you never buy-in at the table for more than 5% of your bankroll.The idea is to have a big enough bankroll to withstand typical poker variance and lower your risk of ruin (aka risk of going broke). Now for a recreational player, this isn’t as big of a deal. If you play poker as a hobby you can always add to your bankroll……
