How to Manage Your Bankroll Like a Pro | Bankroll Management: Cash game vs Tournaments |
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The Bankroll Management Formula I've Used for Years is now available to you.
Read the full article here: -------- Book Your Poker Assessment with Alec Today: https://bit.ly/3Cho7Cm How to Manage Your Bankroll Like a Pro | https://www.consciouspoker.com/blog/the-bankroll-management-system/ Our next Alec’s Academy cohort begins soon, and you can join the waiting list to be alerted when it becomes available: https://bit.ly/alecsacademy THE 80/20 BANKROLL MANAGEMENT SYSTEM Commonly known as the 80/20 rule, The Pareto Principle states that 80% of the effects come from 20% of the causes. For example, it’s common for a business to receive 80% of their revenue from 20% of their clients. The 80/20 rule has been widely observed in other areas of life as well. One may find they wear 20% of their clothing 80% of the time. If the Pareto Principle seemed to apply in life and business, why couldn’t it work for bankroll management in poker? I decided to test it out. I’d use 80% of my money for cash games to generate a stable income and virtually guarantee a profit, while leaving 20% of my money for higher risk and reward opportunities, tournaments. Of course, there’s always some subtle tweaks one needs to make, such as planning for expenses, taking shots, and buying and selling pieces, but overall I’ve pretty much used this system to manage my bankroll for the majority of my poker career. READ MORE: https://www.alectorelli.com/why-youre-not-yet-an-overnight-success/ https://www.consciouspoker.com/blog/how-to-use-a-poker-variance-calculator/ https://www.consciouspoker.com/blog/how-i-lost-playing-poker/ ---------- LINKS TO CRUSH POKER! 👉 Download Alec's Hand Reading System: https://www.consciouspoker.com/hand-reading-system/ 👉 Download Preflop Charts and Guide to Preflop Play: https://www.consciouspoker.com/preflop-charts/ 👉 5 Strategies to Becoming a Better Poker Player Free Training: https://www.consciouspoker.com/alecs-academy-training/ 👉 Take your poker game to the next level with the best strategy and mindset content and coaching on the internet: https://www.consciouspoker.com ------------ FOLLOW ALEC ON SOCIAL MEDIA: Twitter: https://www.twitter.com/alectorelli Investing Newsletter: https://alectorelli.substack.com Instagram: https://www.instagram.com/alectorelli TikTok: https://www.tiktok.com/@alectorelli Facebook: https://www.facebook.com/alec.torelli LinkedIn: https://https://www.linkedin.com/in/alec-torelli-7b44274b/ -------------- On this channel Alec regularly analyzes some of the biggest hands of poker played on high stakes cash games like Poker Night in America, Hustler Live Stream, Live at the Bike, Poker After Dark and High Stakes Poker or tournaments like the World Series of Poker, World Poker Tour and European Poker Tour featuring legendary poker players like Doyle Brunson, Tom Dwan, Antonio Esfandiari, Phil Ivey, Gus Hanson, Phil Hellmuth, Daniel Negreanu, Garrett Adelstein and others. #Poker #ConsciousPoker #PokerCoaching2022 |