Bankroll Management for Sit n Go Tournaments

Proper bankroll managment for sit n go tournaments really depends on what you want to accomplish. There is a natural variance that occurs in virtually every poker player’s bankroll. Even the very best professional players have bad runs of cards or suffer bad beats. It’s part of our game.

If you’re a recreational player then you may not mind funding a certain amount to your online poker account. At the end of any given month you may be either up or down depending on how your luck is running. You may not even have an expectation of profit and that is ok. A good starting point for recreational players who only play one or two games at a time is a bankroll of 20 buy-ins at the game you’re playing. So if you play $10 + $1 sit n go tourneys you would want to have a $220 bankroll. When you’re playing solid sit n go poker and have built your bankroll to $440 you can move up to the $20 + $2 games. If you play multiple turbo games or more than 3 games at one time you should have at least 30 times the buy-in amount due to a higher variance in your win and loss rate.

If you’re a professional player which I will define as someone who plays poker as their primary source of income, then you need a much larger starting bankroll. An inadequate bankroll has derailed many gifted poker players, simply because they can’t manage their finances during a run of losses. Some of these players become discouraged, give up their professional poker dreams and return to their 9 to 5 jobs. Those who rely solely on poker for a living should have a proven winning record and a bankroll of at least 50 times the buy-in amount for the game you’re playing. Achieving a decent hourly income from sit n go games will require playing multiple tables. With playing multiple tables generally comes a lower hourly income because it is harder to get accurate reads on opponents. You simply can’t collect as much information for your decision making.

Most players who are making a living playing sit n go poker do so by playing multiple tables. The increased hourly rate from multiple tables offsets the reduced overall return for each individual game.

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Review my sit-n-go strategies thoroughly before you start playing. The vast majority of players in the sit-n-go tournaments have no real strategy. That’s why so many good recreational and professional poker players are hitting the sit n go games. These players are there to have fun and hope to have an incredible run of luck so they can make their “big score.” Learn solid sit n go strategies and you will have a decided advantage against these players.

Playing at your level and managing your bankroll properly are the most important factors that will keep your sit n go poker games profitable in the long term. If that’s what you want, then go back and read this again. Always practice good bankroll management and enjoy the returns!

I’ll see you on the felt.

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