Cash Game Bankroll Management
admin 4/9/2022
Big Idea: Bankroll management is just as important, if not more important than your lineup construction.
Bankroll management is like the foundation of your house. It must be rock solid or the whole structure is going to come crashing down. Proper bankroll management is going to allow you to stay in the game and grow your bankroll incrementally.
Too many DFS players neglect bankroll management as a skill that they need to improve upon or master. Everyone is focused on projections or lineup construction and very little focus is put on bankroll management. It is fairly safe to assume that DFS’s best players are the ones who are best at bankroll management. They have a plan and stick to it each night. The good news is that I am going to lead you through a very simple process to streamline bankroll management. The difficult part is going to be sticking to the plan each night, even on nights that you lovveee your lineup.
- This is not accurate for a 1/2 cash game, 1000 buy ins would be a very large bankroll. To be very safe, aim for around 100 buy ins for cash games. Just remember that the lower # of buy ins you have the higher your chance of going broke (assuming stakes do not change), no matter how good of.
- DFS Bankroll Management. In this article I’m going to talk about how you should be managing your money (also referred to as your bankroll) when you’re playing Daily Fantasy Sports (DFS). Our goal is to make money when playing DFS, and managing your bankroll is key to helping you succeed. We will be taking a look at how to decide how much money to be putting in play each week, how much of your money.
- Bankroll Management for Cash Game Players. Cash game players need to have a lot of money on hand not only for their long term bankrolls, but also for day to day play. It’s not at all uncommon for a cash game player to lose a handful of buy ins in a day. So if you don’t have enough cash on hand at all times, there’s a good chance that you.
Before we begin talking about specific strategies, it is important to note that when I say bankroll, I am talking about your DFS bankroll, not your life savings or family’s bread money. It is important to have money set aside specifically for DFS.
Bankroll management is like the foundation of your house. It must be rock solid or the whole structure is going to come crashing down. Proper bankroll management is going to allow you to stay in the game and grow your bankroll incrementally. Too many DFS players neglect bankroll management as a skill that they need to improve upon or master.
Now that we got that out of the way. The simplest way to approach BM is the 80/20/10 rule. This means that you play no more than 10% of your bankroll (I suggest closer to 5%). The next step is to divide up your bankroll for the day into cash games (80%) and tournaments (20%). You need to play with the percentages so that it suits your game, but that is a good general rule of thumb to use when starting out.
Ex. $1,000 Bankroll (80/20/10)
-$100 Daily: $80 Cash and $20 Tournaments
Cash Game Bankroll Management
Ex. $1,000 Bankroll (85/15/5)
-$50 Daily: $42 Cash and $8 Tournaments
So this will give us roughly 80-90% of our day’s bankroll to play in cash games. You will need this number when we get to the next lesson on game selection.
Advanced Theory: I would highly suggest the use of a bankroll tracker to monitor and analyze your play. RotoGrinders has a free Bankroll Tracker that you can link to your FanDuel or DraftKings account. The other option is Rototracker, which is free up to 250 entries analyzed and then you have to get a monthly subscription if you have over 250 entries. Both do basically the same thing, which is give you a breakdown of not just money won and money lost, but they breakdown by sport, cash vs GPP, entry size, buy-in level, and ROI%. Rototracker takes it a step further with even deeper possibilities like day of the week, opponents, and even different slates.
So you have to be asking – why I do I need all of this data? I just want to play! It all goes back to the reason you purchased this course. You want to become a profitable MLBDFS player. Correct?
What all of this data allows you to do is to analyze your own play and find out specifically where your strengths are. Being a profitable player is all about finding an edge and exploiting that edge. If you know exactly what type of games, slates, and buy-in levels you are most successful at, you are going to have a huge edge over the rest of the field. Obviously, this takes hard work and time to analyze this data, but you have to be willing to do what it takes to win.
Lesson One Recap
Cash Game Poker Bankroll Management
1. Bankroll Management is key to long term success in DFS.
2. Follow the 80/20/10 rule or develop your own to suit your game.
3. Stick to the plan!
4. Religiously track and analyze your results.