How Much Bankroll You Actually Need

Updated

There are two completely different answers depending on which player you are, and conflating them is how people get hurt. If you have an edge, bankroll is a technical requirement with a number attached. If you do not, bankroll is just the amount you are prepared to spend.

The short version
Every figure here is computed with our own solver and checked against an independent reference. The calculator applies the same numbers to your table.

If you are counting

The requirement comes straight from risk of ruin. At a realistic 1% edge:

400 units is the usual practical floor, giving roughly 0.2% chance of ruin. At $25 units that is $10,000; at $100 units, $40,000.

Below 200 units you are not really an advantage player — you are someone with a small edge and a real chance of losing the lot before it shows up. The edge does not care how confident you are.

100 units 21% ruin 200 units 4.4% ruin 400 units 0.19% ruin 600 units under 0.01%
The jump between 100 and 400 units is the difference between gambling on your edge and actually having one.

If you are not counting

Then bankroll is the wrong word and the number does not exist, because the expected result is a loss no matter how much you bring. Bringing more money does not improve the odds; it extends the session.

The useful question is different: how much is this evening worth to you? Decide that before you sit down, treat it as spent, and stop when it is gone. We wrote that out properly.

Choosing the unit

Work backwards. Decide what you can genuinely afford to lose, divide by 400, and that is your unit — not the other way round. A $2,000 bankroll implies a $5 unit, which means finding a $5 table, which is most of the reason people abandon this arithmetic.

The Kelly criterion gives a more precise answer that varies with the count. In practice most players use a fixed unit and a bet spread on top of it.

Keep reading

Risk of ruinwhere 400 units comes from Kellythe precise version Bet spreadhow much to vary

By Martin Kosek · every number on this site is computed by us, not copied.

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