Each week, the Talking Poker series will highlight a particular poker term. We’ll give you a clear, to-the-point definition of the term and an example of the strategic concept to which it refers, so that you can start using the term and implementing the related strategy into your game. Today we talk about the idea of a poker “bankroll” and how bankroll management can affect decisions made at the tables.
Definition
Money is an essential element of poker, just like the cards and the chips. Everyone has his or her own personal ideas about the value of money, which can have an effect on how each player perceives the significance of the stakes he or she chooses to play and even the importance of how much is being risked in each pot.