How to Build a Bankroll

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Get ready to take
your game—and your bankroll —to the next level. Growing your bankroll is
imperative to financing your climb from rank to pro player. Just avoid the
biggest pitfall: racing for the top. Not only is that not sustainable (a mark
of being pro), it’s dangerous and you’ll end up with donut holes in your bank
account. It’s about slow-building and improving your game until you reach your
end goal.

I Want To Build My
Bankroll, What Is The Best Way To Do It?

  • Find Your Sweet Spot

There are many formats of poker out
there: multi table tournaments, sit n go’s or cash. The key to advancing your
poker skills is having fun and playing a lot, so it stands to reason that you
want to play the game you enjoy the most. You don’t want to be a jack of all
trades and master of none. So pick one initially, specialize and learn all the
unique concepts to that game and once you’ve mastered the format, try your hand
at another.

  • Bankroll Management

If you want to make a profit and be a
pro, you have to treat poker like a job. Make your money, deposit it and
recognize it’ll be a long grind ahead until you reach your ultimate goal. While
it’s great to dream of making the World Series of Poker, measure your success
by setting small attainable goals – how many buyins you want to make or how
many hands you want to play in a week. Celebrate your achievements to remind
yourself what you’re playing for otherwise; you’ll get consumed by the game.

  • Improve Your Ability

In order to improve your game, you need
to be better than your opponents. And to rise up the ranks, you need to be
constantly improving your ability. You can’t just spend time playing; you have
to balance your playing time with your studying time. Studying doesn’t just
mean hitting the books; there are different ways to study: ebooks like my Bankroll Building Bible, forums, or spending time thinking
about the game of poker. Dedicate 80-90% of your time to your preferred method
of study and the remaining 20% to other methods.

  • Grind Hard, Take Shots, Be Patient, Be Prepared

If you want to build your bankroll, the
best way to do it is by getting to work and putting in that effort. You’re not
going to magically become a high stakes poker player overnight or a consistent
winner if you don’t put in the effort. You need to play lots of quality hands,
grind hard and not be afraid to take shots like trying bigger limits. Take
responsible shots; don’t just enter a high stakes game to chase the money you
lost. Be willing to battle through adversity. Accept and learn from your
losses. Do this by keeping track of your progress, so you can look at your
results and be accountable and responsible for them.

Part of being a professional is knowing
that you can rebuild if things go badly after trying your hand at a higher
limit. Responsible losses are an inevitable part of poker. This is where being
prepared and playing within your limits comes in. But if you’re riding a good
run at a higher level, you can now afford to establish yourself. If you don’t
rush things and play within a safe zone so that you never bust your roll – key
part of being a pro – and you’re constantly improving, you’ll sustainably move
up the ranks.

Building Your
Bankroll

Climbing the ranks
means grinding it out, taking measured shots, improving your game and growing
your bankroll to finance your desire to go pro. It’s not a straight shot to the
top or a fast one, pace yourself by celebrating small victories and putting in
the effort, and in time you’ll reach your goal.

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