How Much Variance Can Your Bankroll Handle?

How Much Variance Can Your Bankroll Handle?

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My longest downswing lasted weeks and I almost convinced myself I'd forgotten how to play. The funny part was that I reviewed my hands later and realized I was still making decent decisions. That's why bankroll management matters.
 
Variance can be much bigger than most of us expect. That is why I think bankroll management is so important. Even if you're playing well, long losing stretches happen. I'd rather play lower stakes than risk my bankroll on games I can't comfortably afford.
 

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