Managing Your Money in Poker Strategy – Poker Bankroll Management Fundamentals | Poker 101 Course

Recap of Last Lecture

In our first lecture, we covered who to play the game of Texas Hold'em. We discussed the rules of the game and how to play it from pre-flop, the flop, the turn and the river. If you missed our first lecture and video, here's the link to it:

https://steemit.com/poker/@ahardin/how-to-play-texas-hold-em-for-beginners-or-poker-101-course

Today's Lecture: Poker Bankroll Management (BRM)

Poker bankroll management (BRM) is an often under-utilized skill that can have lots of negative consequences if you neglect to ingrain it into your poker game and strategy. We use poker bankroll management to reduce our "risk of ruin", i.e. our risk of going broke and losing our entire bankroll. Poker BRM sets bankroll requirement standards, telling us what stakes we can play and when we can move up (take shots) to higher stakes, as well as when we need to move down. 

In today's video, I discuss a basic strategy for poker bankroll management. 

Question for You (Comment Below)

What is your poker bankroll management strategy? Would you consider it conservative or aggressive? Do you think it's been beneficial for your poker game?    

What's Next?

Stay tuned for our next lecture, The Power of Position in Poker, where we'll be talking about probably one of the most important strategies and advantages in poker, Positional Advantage! 

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Alton Hardin 

MicroGrinder Poker School