Why is this?
Well there are many different reasons including skill level, taking shots, table selection, confidence and planning that go into the mix here.
It is still possible to quickly build your poker bankroll and rapidly climb the stakes though in today's games and I am going to explain exactly how to do that in this article.
1. Build Your Bankroll Quickly by Increasing Your Skill Level
Being better than most of your opponents (regardless of the stake that you are playing at) is always going to be a prerequisite for building up your bankroll quickly.
And there really is only one way to do this effectively, play the game a lot and study the game a lot as well.
Having worked with nearly 100 students in the past at the lower limits I got to see first hand that it was often fundamental issues that was holding people back.
You don't need to be the world's greatest poker player in order to beat the micros. Not even close.
But you do need a solid grasp of basic stuff like:
- What hands to play from what positions
- When to 3Bet and when to just flat
- Bet sizing preflop and postflop
- When to bet for value and when to bluff postflop
- A basic understanding of how to take pots away from weak opponents
This is all the kind of stuff that is well covered in many poker books and training videos that are aimed at the lower stakes. Poker forums, Youtube videos and Twitch streams can also be useful for learning the basics. Hiring a poker coach to work with you personally can also be a great option.
Basically there are countless ways out there to learn a solid strategy and improve your poker game. When you are just starting out it is a good idea to invest a fair bit of time into getting the fundamentals down.
This is because you aren't going to build your bankroll quickly if you are constantly making basic mistakes at the poker tables. Also, even more importantly, as you move up the limits these weaknesses will get exposed more and more by the better players.
2. Build Your Bankroll by Playing in Good Games
If you read this blog on a regular basis, then you will know that I talk about table selection all the time. You have to play in good games (read: bad poker players) on a consistent basis if you want to build your bankroll quickly.
The reason why is that your winrate is always going to be directly correlated with the players who you play against.
You don't need to be the best player at the table in order to have a big win rate. However, you do need to be considerably better than at least some of your competition.
The really bad poker players are who I am talking about specifically here.
These are the guys who:
- Play way too many hands
- Limp too much preflop
- Call too much postflop
- Make weak bets
If you have a big enough sample size, then you can go into your Pokertracker database and see for yourself just how badly the weakest players are losing.
Go to the "My Reports" tab and run a filter on players whose VPIP is 40% or higher.
You will probably notice that their lossrates start from something like -20bb/100 and depending on how bad they are it could be much higher than this, -50bb/100 or even -100bb/100 and beyond!
If you now compare this to the very worst regulars, you will see exactly what I am talking about. Even the very weakest regular opponents who you face will typically only lose at about -5bb/100.
The big fish that I am always talking about finding and playing against on this blog and elsewhere are often losing their money 10 times as fast as this! Who would you rather play against?
You have to take table selection seriously especially in today's games if you want to build your bankroll quickly. Make sure you check out my ultimate guide to table selection.
3. Take Shots at Higher Stakes Games
So now that you have a good understanding of the fundamentals and you know how to find the worst poker players, what's next?
Well, even though I am a big proponent of using a solid bankroll management strategy, I know that it is also the case that the real money in this game is at the higher limits.
Nobody gets rich playing at the micros for years and years on end.
So if you really want to build your bankroll fast then it will be necessary to take some calculated shots from time to time.
One of the ways to do this is to scout the higher limit games for really loose games. If there is a huge fish who is splashing around at a limit higher than I normally play, then I usually won't hesitate to take a shot in that game.
The reason why is because like I just said, these guys are like rocket fuel for your win rate.
I know that the regulars will be tougher and I won't have much information on them either. However, I am not there to play against them. I am there specifically for the bad players.
And this is why it is even more important than ever that you get the best seat against the big fish. You will always make way more money against somebody in poker when you have direct position on them.
If I can get the seat directly to the left of the bad player, then this is hugely beneficial. If I can't get position though, then I might not even sit down and play at all. It is that important.
The bottom line is that everybody who has climbed the stakes quickly in this game has taken a well calculated shot or two at one time or another.
You can see this in the higher stakes games all the time. Anytime the big fish sits down, the waiting list all of the sudden is dozens deep.
Sometimes you need to jump in the deep end to find the biggest fish in order to build your bankroll fast.
4. Have Confidence in Your Poker Abilities
One of the most important keys to your success at poker in general is simply having a high degree of confidence in your abilities. The best players make strong deliberate and sometimes bold actions because they are confident in their abilities.
This all starts by having a solid understanding of the basics as I discussed above. After all, how can you be confident when you don't know what the right amount to raise is or you have to question if you should play a certain hand etc..
All of this kind of stuff needs to be automatic at the poker tables. It needs to be ingrained in your head. The only way to make this happen is through tons of consistent play and study.
In Modern Small Stakes I spend about 400 pages explaining how to outplay the regs by breaking down their stats, finding the weaknesses and exploiting them.
I go over basic stuff again and again like how to notice a reg who bets the flop but gives up a lot on the turn. You should be floating this type of player like crazy and taking the pot away on the turn.
And how did I learn all this stuff myself? By ridiculous amounts of play. Million and millions and millions of hands. This stuff is all automatic to me now.
The bottom line is that the deeper your understanding of poker, and the more that you play this game, your confidence will grow.
Also, a solid work ethic both at the tables and away from them also tends to produce good results anyways. This will help you stay confident even when things aren't going your way at the tables.
5. Have a Solid Plan to Build Your Bankroll
The last way to build your bankroll quickly is to have a good plan for how you are going to do it. One of the most popular emails that I send out with my free newsletter is the plan on how to go from NL2 to NL100 in one calendar year.
In this email I talk about the necessity of using good bankroll management strategy (at least 30 buyins for any limit you play). However, I also recommend taking 10 buyin shots at every stage along the way from NL2 to NL100.
This means that when you have 30 buyins for the next limit (e.g. $150 and you are moving up to NL5), then you give yourself a full 10 buyin shot to stick at this stake.
So in this example it would mean that you play at NL5 unless your bankroll drops to $100. At that point you must move back down to NL2 and grind it back up to $150 before taking another shot.
Even with a 10 buyin shot, due to the impact of short term variance, you should expect to fail several times on your path from NL2 to NL100. This will happen even to the very best players.
However, over the course of an entire year, you would only need to successfully make the jump up to the next limit once every 2 months or so in order to reach NL100 by the end.
For somebody who plays regularly, this is certainly very attainable.
So here is the full plan according to each limit:
- NL5 - $150
- NL10 - $300
- NL25 - $750
- NL50 - $1500
- NL100 - $3000
If you lose all 10 (which will happen on occasion due to short term variance), then move back down, grind it back, and take another shot at the higher stake.
With a solid plan like this in place, and with consistent play and study, you will be able to quickly build your bankroll and climb the stakes.
Building your poker bankroll fast is something that is definitely attainable even in today's games.
You need to have a good understanding of the fundamentals, play in good games, know when to take shots, have confidence in your abilities and have a solid overall plan.
Quickly moving up the stakes is really a fine line of controlled aggression. If you are a huge bankroll nit sitting on a 100 buyins for each limit, then it is going to take you forever to get out of the micros.
You want to take shots at higher games on a regular basis especially when you see a bad player and a seat open to their left. However, you also want to have a solid overall plan for how you are going to climb up the stakes.
But none of this will matter if you don't have the fundamentals down. It is very important that early on in your poker career you make sure that you have a solid grasp of the basics including stuff like what hands to play, how much to bet, when to fold and so on.
You can find this in books, training videos, Youtube videos, forums and even on this very website that you are reading right now!
I have written dozens of articles on how to develop a solid tight aggressive strategy for the micros which you can find on my "Start Here" page.
Let me know how you plan to build your bankroll quickly in the comments below. Do you have any tips for climbing up the stakes fast?
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