Tools for Managing Bankroll, Income and Losses

Question

What professional grade tools available for managing a poker bankroll, and trending income and losses?

Web, desktop, and phone applications are all welcome.

Answer 1

The two most well known database management tools are PokerTracker (I have this one) and Holdem Manager.

Both are very good, but I prefer PT's extensibilty using PostgreSQL.

Also, evplusplus have other useful things, like a Risk of Ruin calculator, Winrate Confidence calculator and bankroll management simulator that I've used extensively to model how I manage my money.

I've also used them to simulate other volatility scenarios on horse racing and sports betting that I use in my other gambling pursuits. It's very adaptable.

Answer 2

If you know your winrate and your standard deviation information you should be able to estimate your bankroll requirements by looking at the ev++ variance calculator. You'll see a good amount of information here about longest breakeven and downswings and other winrate related estimates: http://www.evplusplus.com/poker_tools/variance_simulator/

For tournaments you may want to look at this blog post: http://www.nsdpoker.com/2011/01/mtt-pros/