Neverbust

Being good at poker is not enough

To be a professional, you need a bankroll big enough to survive

Downswings are inevitable. If you don't have the bankroll to survive them you will end up on the rail looking for a stake, or worse, a job.

Have you ever wondered?

  • Am I good enough to outlast this bad luck?
  • Do I have enough money to outlast this?
  • Am I really a winning player? Have I just been getting lucky up until now?

Never worry, guess, or wonder about your bankroll ever again

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Manage your bankroll

Know your risk of going bust

Bankroll

Your bankroll is the amount of money you have to play poker. When you win that money goes in your bankroll, when you lose it comes out of your bankroll. If your bankroll goes to zero you can't play poker anymore; you are bust.

Bust risk

Your bust risk is the risk that you will eventually go bust. If you can easily replenish your bankroll, you may be willing to take a twenty or thirty percent chance of going bust. If your bankroll is hard to replace, you may only be willing to take a five percent chance

Standard deviation

Standard deviation is a measure of how widely your results fluctuate. Loose agressive play will result in more fluctuation than tight passive play.</p>

Risk is inevitable

It is impossible to eliminate risk from gambling, it wouldn't be gambling if you did. To be a successful professional you must understand, measure, and manage your risks.

Measure and manage your risk

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Gut feeling, rule of thumb, or math

How do you want to manage your career?

The rule of thumb says you should have at least twenty to thirty buyins for no-limit holdem and two hundred to three hundred big bets for limit holdem. But there are a lot of reason why that might not work for you.

  • You play other games, like pot-limit Omaha (PLO), Deuce-to-seven triple draw, mix games, or anything else.
  • You or your opponents are looser, tighter, more agressive, or more passive.
  • Your tolerance for risk is higher or lower.
  • You want a precise and personalized answer to how large your bankroll should be.

Math, not feelings

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Manage your bankroll

Know your minimum bankroll and your risk of going bust

Already a professional?

Know exactly what your risk of going bust is and how to minimize it.

Want to go pro?

Know exactly how much money you need in your bankroll before you start.

Want to level-up?

Find the games where you make the most money with the least risk.

The right answer for your situation

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