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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 ...

Since I rarely play cash games, I'll only talk about tournaments. When it comes to tournaments, the bankroll you choose must depend on both your skill level and on your financial possibilies. You may be a millionare, but starting to play tournaments that have $5000 as buy-in is definitely not a good idea. Basically, my rule is at least 60 buy-ins for ...

Typically, live play will mean you're seeing between 30-50 hands per hour. In your case, this will mean that you've seen somewhere in the region of 7,000 hands. This is an incredibly low number to make any significant, reliable assumptions about the StDev of your win-rate. The data set simply isn't large enough to be approaching what we'd consider a normal ...

First off, 200 times the big blind is NEVER* enough. That's two buy-ins. If that were your bankroll, you would go broke, even if you were the best poker player on the planet. Now then... SoboLAN's answer was a great one for MTTs. For SNGs, you can probably start out a bit lower than that - around 60% of his recommendation should be ok if you are playing a ...

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 ...

Disclaimer: All of what follows applies only to winning players. For non-winning players, none of this matters a whit. I'm not going to discuss actual, hard numbers as most people familiar with StdDev in poker will declare something that can be interpreted as "StdDev is completely useless until you have 100k+ hands," -- a sentiment I disagree with in ...

If you are going to start playing cash games then I recommend that you play the lowest limit possible and move your way up. You have to be able to earn your way up to the top. That being said .01/.02 cash games you should start with $60 and 4 tables max. As a general rule you should move up when you have 30BI for the next level up. If you don't feel too ...

Deciding how comfortable you are with going bust (a.k.a. Risk of Ruin or RoR), is arguably the most important issue regarding how you personally manage your bankroll. Issues like the depth of your bankroll, how you handle variance, the type of games you play, and potentially your drawdown (if you're living off the income from playing) are part of ...