The reason why you should choose your limits carefully in poker is due to the variance.
Subsequently, if you play at higher limits where there is too great a chance of losing all of your poker money, you are 'playing out of your bankroll'. This is called 'playing within your bankroll'. 'Bankroll management' (sometimes abbreviated to BRM) is where you play at certain limits to avoid losing all of your bankroll due to bad runs of cards, which any poker player must expect from time to time. For all you skim-readers, here are the basic rules of bankroll management for Texas Hold'em.Ĥ0 buyins for SnG Tournaments. Without the proper money management skills, the best players in the world would go broke.
The following principle is key to becoming a successful poker player.