Bankroll Management Reviews

Some experts in the theories of gambling have written that you are fooling yourself if you believe you can be successful in gambling with a program of money management. It is necessary to have a bankroll – a dedicated amount of money set aside for poker, horse-racing, casino play etc. This money should never be mixed with income that is used for living expenses and investments.

You could manage your bankroll with a simple ledger book, entering the numbers with a pen or pencil and doing the calculations on your own. You might also choose to enter the figures in a spreadsheet template so you can track the movement of your poker money. This information has to be entered on a consistent basis to have any value.

You could also try one of the integrated bankroll-management programs that work with popular online rooms. The best of these gather numbers as you play and track your bankroll experience for you. (One of these automatic programs could keep you from ignoring the “bad” sessions, which only produces inaccurate reports of how your bankroll is doing.)

There are several good bankroll tracking/managing programs available.  These bankroll tracking plans provide up-to-date numbers on earnings per hour, earnings per session and more. Some even give you a heads up if you are nearing the danger zone. Here are reviews of some of the more useful programs.