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StrategyFixed Limit

The safe way up the limits

A safe way to get rich

In this article
  • Minimise risks, maximise profits
  • Sometimes you have to step back to advance

Some people can't handle money. As soon as they have some, it's gone. Their accounts are chronically overdrawn and things only work out as long as the salary is credited regularly, and if no exceptional expenses cross their paths. Bad comes to worse when salaries are cancelled or delayed and major expenses start piling up; bankruptcy looms.

You need reserve assets

Poker life isn't any different. Your bankroll is the poker equivalent of your household budget and if it's overdrawn, everything is over. You never want to risk losing all your money and therefore need reserve assets. After all, in poker it doesn't always go your way. Sometimes you're hit by a streak of bad luck and lose one hand after the other; your poker balance has to be able to withstand this.

On the other hand, you shouldn't limit yourself to playing for safety. Your goal is to quickly move up the limits because the higher you reach, the more the money waiting for you.

Get rich, but play safe!

Even at first glance, you can notice the conflict in: 'get rich, but play safe!' Balancing and combining these two goals what is referred to as Bankroll Management.

PokerStrategy.com's bankroll management is a tried and tested approach to safely and swiftly pacing your way up the limits. It protects you from bankruptcy or from huge financial setbacks, as a result of an unavoidable streak of bad luck.

Points to learn:

  • At what bankroll level can you play a certain limit.
  • At what bankroll level should you move down to a lower limit, to prepare for a renewed ascent.
Video: Basics
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Watch the video

You can also watch the content of this article in video format. Simply click the picture to open the video.

You should still read the article to ensure that you have completely understood the strategy. Your bankroll will be grateful.

The bankroll management in detail

ALWAYS COUNT IN BIG BETS

In Fixed Limit Hold'em you always count in big bets. The big bet is the amount you play on the turn and the river. If, for example, you play the limit $0.10/$0.20, the big bet is $0.20.

According to correct bankroll management, you should always have a number of big bets at your disposal in order to survive longer periods in which you don't make any profit at all. The money not played at the tables is not some extra amount that can be burned, it is your safeguard and you will learn to appreciate it throughout your poker career.

YOU NEED AT LEAST 300 BIG BETS

For your current highest limit, you should always have at the very least 300 big bets at your disposal. You should never drop below this number as it is the bottom margin. In fact, increase this number to be on the safe side.

Therefore:

  • If you have 300 big bets or less of your previous lower limit, you have to step down a limit.

  • If you have 300 big bets or more of your next higher limit, you may climb up a limit. Not earlier, as 300 is the lowest margin you should ever fall below.

Conclusion

For your poker career to go from strength to strength, you need to handle your money responsibly. Your bankroll is the poker equivalent of your household budget, so treat it that way. In the same way as you don't pay for things you can't afford, you need to reserve assets for when you get hit by a downswing. Only with this approach are you able to weather it out and continue your path to success.

Bear in mind that bankroll management is the aspect of poker that separates the winning players from the losing players. Without bankroll management, even the world's best players don't have a chance. Always remember this.

You have now completed the full beginner strategy for Fixed Limit poker. Congratulations!
 

Comments (32)

#1 jordan232345, 28 Feb 08 23:41

very good

#2 styc0, 15 Apr 08 18:33

ff

#3 rares200012000, 28 Apr 08 14:20

lala

#4 lokipoker79, 02 May 08 02:42

im surprised, but i find this very helpful

#5 AK18, 06 May 08 20:54

Very interesting, good and practicle explanation on the videos

#6 Stamps15, 07 May 08 00:04

good

#7 nezinomas, 25 May 08 11:25

ty

#8 Lizy999, 07 Jun 08 03:46

Very informative, hope I can win now!

#9 vezzna, 04 Sep 08 08:17

sort of explains why i was loosing...couldnt handle the normal downs...

#10 racerstyle, 04 Sep 08 16:53

good

#11 mouse89, 28 Sep 08 15:26

very good

#12 Harold1, 07 Dec 08 21:01

very helpful info.

#13 kevvu, 26 Feb 09 19:13

Have read it several times and its very helpful.thx

#14 looserbaby79, 03 Mar 09 12:56

very good

#15 pokernut, 08 Apr 09 08:26

very informative info i will put it all to use and hopefully my bankroll will reap the benifits

#16 dpermana, 21 Jun 10 14:07

.....is the best,and very helpfull info

#17 1raindog1, 28 Jun 10 18:37

Why would I start at 0.10/0.20 with my 50$ bonus? Following the 300BB-rule I would need at least 60$ if not more, right?

#18 patval22, 19 Jul 10 19:11

hello guys...i know all of you are really good poker players...and i idolize you...can you teach me?hehe i really want to learn more...my bankroll got busted...that's why im taking this opportunity to ask help from you...if you can just lend me even the smallest amount you can...and i will repay you after ill be richer in my account...hehe :D thank you guys and see you at the tables!goodluck!

#19 bankrollmanagment, 17 Aug 10 08:06

I read this article after every downswing. It is 6th time I red this.

#20 mlmnowzari, 03 Oct 10 16:00

good

#21 Dawgwath, 03 Jan 11 10:53

Even if you don't get rich quick (you can never get rich quick), with this strategy you don't get your account empty either. Follow these taglines seriously and you won't be sorry.

#22 bangmesilly, 13 Jan 11 00:42

Certainly looks to beat no-limit Look forward to trying this out.

#23 Apitov, 17 Jan 11 12:10

What about no limit players?

#24 monopaok1, 29 Jan 11 15:10

when you play, have you to put 300
bb in one table? or with these bb can
multitabling?

#25 SPADES1, 29 Jan 11 18:58

It took me 30 minutes to explain this concept to my mom! LOL!

#26 caledonia, 02 Aug 11 13:50

i am starting from scratch again,i have not used BRM before but im going to stick to this,its well explained...thanks

#27 Pouserly2, 12 Aug 11 09:32

What type of learner am I?

#28 nauris3622, 08 Feb 12 20:23

good

#29 kapikyan, 01 Mar 12 06:25

bored

#30 Rthai, 02 Apr 13 03:11

I am excited to start playing. I am going to follow the 300BB rule.

#31 tinkerer, 05 May 13 13:08

now i understand why i go broke all the time, i will follow this advice

#32 Ntobek4Kwazi, 10 May 13 08:38

Very helpful...good advice, thanks.

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