Building a bankroll

October 26, 2011
Tags: Bankroll

Just how much money do you need to build a bankroll in poker? Well there are several ways of looking at this and I will go into each one and their respective merits. Years ago someone backed me to play high stakes poker to the tune of £100,000. This ended up not being successful even though I didn’t lose money. But I have also played at the other end of the spectrum as well because I started with $100 on 1st April 2010 and the challenge was to turn that into $10,000. It took me nine months but I did it and I then decided to play NL100 permanently and to take the challenge onto $100,000. But a few days ago just for the hell of it I decided to try and spin up $1 into as much as I could.

My first attempt went all the way to $31 in a very short space of time before I got all in with AK against 99 and I was counting the money on a board of A-K-4-7 when you know what happened on the river. But that led me to attempt it again a few days later and I turned $1 into $64 in the space of about 2 hours. It made me realise what a really stress free way of playing poker this is. Even if you are risk averse then anyone can afford to lose $1. In fact some years ago Chris Ferguson managed to turn $0 into $10,000 by starting in freerolls. I was actually thinking about having regular spin ups in a promotional capacity and see how things went. But if I can take $100 into $10,000 and $1 into $64 then clearly I can take $1 into $10,000. You just need to get lucky during the early phase and pick very poor players.

Of course at levels where you can sit down with only $1 then the players will be weak but you still need the luck to get away from first base. However if you can take $1 to say $64 like I did and let’s face it…….anyone can do this, you can then use proper bankroll management to start playing proper poker. So what I would have done had I been so inclined would have been to play in say $2 or $4 games at full ring and that would have given me somewhere between 15 and 30 buy ins.

So it is clear that you can really enjoy the poker experience online and make some money as well without it costing you the earth. In fact I think that for risk adverse people then spinning up with very tiny amounts of money could be their best option to be honest. I like the thought of risk free poker and poker doesn’t have to be about risking money that you already have. The sites themselves offer players money but it is all about controlling the amount of risk and if you simply do not like risk then there is absolutely no reason why you cannot enjoy playing poker.

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