20 Sep 2025 Intermediate This material is for medium-skilled players downswing rake table selection variance winrate Learn essential PLO bankroll management from JNandez. Discover how to calculate variance, determine optimal buyins, set stop losses, and build a sustainable poker career. Includes practical examples using variance simulators and real-world scenarios for different player types. Bankroll size depends on risk tolerance and life situation. Aim for 200 buyins as a pro, focus on high win rates over volume. Managing Variance and Bankroll Requirements: Professionals need 200 buyins minimum to withstand 40-buyin downswings without dropping stakes or losing composure Recreational players with alternative income can take shots with 100 buyins but must move down quickly at 60 buyins Standard deviation in PLO ranges from 120-160 big blinds per 100 hands depending on opponent aggression and game format Even strong winning players face 20% probability of losing after 25,000 hands with an 8bb/100 win rate Use variance calculators to simulate realistic outcomes before entering games at any stake level Set stop losses at 6 buyins per session to prevent emotional decision-making during downswings Focus on achieving 8bb/100 win rate after rakeback as primary goal before increasing volume or moving up stakes
