Thursday, December 5, 2024
Bankroll
Noun
The money that a person has set aside specifically for playing poker.
ADDITIONAL INFORMATION: Players often choose to wager only a portion of their bankroll in a given session, keeping a portion in reserve for future play. A bankroll should be of sufficient size to withstand the downward side of the variation that is expected for a particular stakes and a particular style of play. For example, the higher variance caused by aggressive play would require a larger bankroll.
EXAMPLE: "I played at a higher stakes game than I should have played in given the size of my bankroll, and I lost it all after a series of unlucky hands."
APPLIES TO: Online and Land-based Venues
Verb
To sponsor a player; to provide a poker player funds with which to enter a tournament or play a ring game, typically in exchange for a pre-determined percentage of any winnnings.
EXAMPLE: "Chris Moneymaker's father and another friend bankrolled him for the trip to the 2003 World Series of Poker tournament. When he came in first place, they shared in the winnings."
APPLIES TO: Online and Land-based Venues