Final Thoughts Building your poker bankroll fast is something that is definitely attainable even in today's games. You need to have a fundamentally solid poker strategy, play in good games with fish, know when to take shots, have confidence in your abilities and have a solid overall game-plan for moving up. Quickly moving up the stakes is really a fine line of controlled aggression. Having poker bankroll management is one of the key pillars of being a successful poker player.Because of the high degrees of variance that is involved in the game, knowing and following proper BRM is imperative if you want to keep a healthy bankroll as you strive to improve your game, move up stakes, and win more money. There are a couple of different philosophies on proper bankroll management. Dec 04, 2008 In this poker lesson professor Gripsed discusses how to build a bankroll the smart way and make sure you never go broke. Your bankroll is your life force in the game of poker, with the techniques.
If you are looking for ways to build up a bankroll absolutely for free, look no further than the Shasta Step tournaments at Everest Poker.
Getting involved couldn't be any easier. Simply sign up for Everest Poker through our links and you will be eligible to play four free Shasta Step 1 sit-and-go tournaments every hour for 90 days. This means you have almost 1,000 free chances at winning prizes during a three month period.
Shasta Step 1 tournaments are in turbo limit hold'em format. If you finish in the top two spots in this tournament you will be awarded a Shasta Step 2 ticket.
From there the format converts to no-limit hold'em for the remaining Shasta Step tournaments. The top two finishers in Shasta Step 2 will be awarded a Shasta Step 3 ticket. The payout pattern continues until you reach Shasta Step 6 where the top three players will be awarded a free tournament token valued at €10.
Shasta Step Tournament Payouts
| Level | Buy-In | 1st Place | 2nd Place | 3rd Place |
|---|---|---|---|---|
| Shasta Step 1 | FREE | Shasta Step 2 | Shasta Step 2 | - |
| Shasta Step 2 | €0.10 | Shasta Step 3 | Shasta Step 3 | - |
| Shasta Step 3 | €0.27 | Shasta Step 4 | Shasta Step 4 | - |
| Shasta Step 4 | €0.75 | Shasta Step 5 | Shasta Step 5 | - |
| Shasta Step 5 | €2.01 | Shasta Step 6 | Shasta Step 6 | - |
| Shasta Step 6 | €5.49 | €10 Token | €10 Token | €10 Token |
Existing players can also play in Shasta Step tournament by paying the buy-in listed above of any Shasta Step 2 or higher tournament.
Need an Account?
If you don't already have an account at Everest Poker, why not? Not only will you immediately be able to take part Shasta Step tournaments for free but also have the opportunity to snag one of the best welcome packages available anywhere.
Simply download Everest Poker through PokerNews and you will be awarded a generous 200 percent bonus of up to €1,500 on your first deposit. While you don't need to deposit to play in Shasta Step tournaments, this deal could prove to be too good to pass up.
In addition to the bonus, Everest Poker will also give you €10 in free tournament tokens just for signing up and making a deposit. This represents tremendous value even on a small deposit. For example, if you deposit just €20 on your first deposit, you will be awarded an additional €50 in free value in the form of €10 in tournament tokens and a €40 bonus. Combined with the free Shasta Step tournaments, you will be hard pressed to find a better deal anywhere else.
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Everest Poker
Here's 'Fergulator'. A nice bankroll management tool for you to download and enjoy.
What is Fergulator?
With Fergulator, you simply enter the amount that you have in your bankroll and the program will tell you:
- The maximum you can safely pay to enter a MTT or SNG.
- The maximum that you can safely take to a cash game table.
- The maximum you should sit with at a cash table after you have won a few pots.
How to use Fergulator.
Just enter the amount you have in your bankroll, choose the game type that you want to play in and hit 'Go'.
Fergulator results explained.
Fergulator outputs the maximum amount that you can sit with in different types of games. However, as you can see from the example above with our $600 bankroll, there are not going to be many (if any) $30NL cash games for us to play at.
In this example, $30 is the maximum amount that you should sit with at a cash game table. If you're playing in standard 100BB games, the biggest game that's within this limit is $25NL. When your stack at this $25NL table then exceeds $63.33 you should leave and buy in at another table for $25.
Note: You do not necessarily have to buy in for 100BBs in every game you play. For example, you could buy in for $10 in $50NL games with a $200 bankroll and stay within the guidelines. However, I would advise that you buy in for the maximum (within the guidelines) as it encourages good post flop play.
The key idea is to just stay within these maximum limits for cash games and tournaments. Do this and you will be just fine.
Lastly, why the leave table at figure? This is because Ferguson's final rule (see below) is as follows:
If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represents more than 10 percent of my total bankroll, I must leave the game when the blinds reach me.
So the 'leave table at' amount represents 10% of your total bankroll at that point in the session. The logic behind leaving at this threshold is that you have more money on the table than you can afford to risk.
Why use Fergulator?
Bankroll management is immensely important. If you want to become a consistent winner you have to stick to the rules of bankroll management to avoid going broke.
The Fergulator bankroll management program will help you to figure out the maximum stakes you can play for to help prevent you from losing it all through a bad run of cards. Our good friend Mr. 'Horrific Downswing' comes around every now and then, so you really want to be prepared for those inevitable losing periods when they come knocking.
Poker Cash Game Bankroll
Good bankroll management skills are at the core of every single successful online poker player. You're not going to last long without them.
Video Poker Bankroll Requirements
How does Fergulator work?
Fergulator follows the rules set by Chris Ferguson during his $0 to $10,000 bankroll management challenge. These rules are:
- Do not buy in to an MTT with more than 2% of your bankroll.
- Do not buy in to an SNG with more than 5% of your bankroll.
- Do not take more than 5% of your bankroll to a cash table.
- Leave a cash table if your stack exceeds more than 10% of your total bankroll.
Fergulator features.
- Gives you bankroll management advice for cash games, SNGs and MTTs.
Why is it called Fergulator?
This program uses the bankroll guidelines set by Chris Ferguson, so...
Ferguson + Calculator = Fergulator.
Like magic really.
Proper Bankroll For Poker
Buy Iain a beer.
If you find Fergulator useful, how about adding some money to Iain's (the developer's) beer fund? A dollar or two here and there is always much appreciated!
Cheers!
Live Poker Bankroll Management
Go back to the Texas Hold'em software.