Bankroll Management - Poker Styles, Experience and Multitabling
Loose-agressive style: most professional players employ this poker style, which requires frequent participation and a lot of actions, thus fluctuation may also be significant here. For cash games, at least 50 buy-ins, for tournaments, 200 buy-ins are recommended. (In the former case, we risk 2% of the bankroll on a table; in the latter, we risk 0.5% of the bankroll at a tournament.)
Tight-agressive style: compared to the previous style, a tight-agressive player chooses his/her starting hands more carefully, s/he always bets, and hardly ever limps. For cash games, at least 30 buy-ins (3.3% of the bankroll gets into play); for tournaments, at least 100 buy-ins (1% of the bankroll gets into play) are recommended.
Loose-passive style: this is the style of the curious, yet shy players, and comes with the loose handling of starting cards and a great deal of limping. For cash games, 25 buy-ins (4% of the bankroll gets into play); for tournaments, 75 buy-ins (1.5% of the bankroll gets into play) are recommended.
Tight-passive style: players of this style very rarely get into party and bet or raise only in hold of the best combination of cards. For cash games, 15 buy-ins (6.6% of the bankroll gets into play), for tournaments; 50 buy-ins (2% of the bankroll gets into play) are recommended.
Beginner players: as beginner players are going to commit plenty of mistakes due to their lack of experience even if they start playing with the complete mastery of theory, in their case, bankroll protecting is essentially important. Nevertheless, as experience reveals, players only starting to get familiar with poker generally do not take too much risk. For a cash game player, at a given limit, thirty times the maximum buy-in is suitable for the elimination of early mistakes (3.3% of the bankroll gets into play), whereas it can be considered acceptable if a tournament player can pay himself/herself into the same tournament at least 100 times (1% of the poker bankroll gets into play).
Regular players: the above minimum bankroll is worth keeping until we find out which poker style suits us the most. At cash game tables, around 500 hours (approximately equivalent to 50-100 thousand deals online) are necessary so that we can establish a real picture of our play. While as tournament players, it is advisable to play at least 1000 tournaments to find out if we are winning or losing players and which poker style we should approach. Having completed the necessary amount of games at the tables, we can adjust our poker bankroll to our style, too.
The Number of Tables
Multitabling evidently means that during a particular period of time, a larger part of the poker bankroll gets into play than if we played only on one table. However, as multitabling requires steadily profitable, good players, it is not necessary to raise the minimum number of buy-ins radically. For instance, if we play on four tables at NL20, we will buy chips for $80 all together. This is going to be our total buy-in, and to this, in accordance with the style we play, $300-1000 is recommended, just like as if we opened only one table. Nonetheless, if we still feel that we need some kind of extra guarantee, we should calculate with one further buy-in whenever we open an extra table. Therefore, if we would like to play on ten NL20 tables, we need to have $480-1180 at our disposal on our account.
What Shall We Do if We Go Bankrupt Even So?
If disaster strikes after all, it is almost sure that we should look for the mistake in ourselves. If after an honest introspection, it turns out where we have mistaken, we should try to change, make up our deficiencies and wait until we again have the money necessary for a safe play. Very rarely, of course, it may happen that no mistakes can be detected; this time, it is a good idea to take a few days or weeks off from playing. We are to get revitalized and forget about our loss before restarting the game. Game-free days can be spent usefully: we should watch, analyse and learn from poker training videos.