PLO Bankroll Management - How to Avoid Going Broke

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