One of the biggest questions that new players and old players alike have when they learn poker is about bankroll management. Most people can pick up how to play poker and they can learn poker tournament strategy quite easily. The problem for them is that they don't understand how big of tournaments to play in. If your goal is to make money in Sit n Go tournaments, then you absolutely have to be schooled in this sort of bankroll management. Likewise, you have to have the ability to stick to those limits once you've set them.

The first step to deciding on a Sit nGo bankroll is that you need to understand level of competition. The worst competition in the world plays at those free poker tables, and it gets progressively better as the stakes get higher. Though it is not true in every instance, the players playing in $110 tournaments are going to be better than those playing in $5 tournaments. You should play enough of these tournaments to figure out where you're most successful. Start out at the low level tournaments, and if you hit the money in those enough times, then you can move up and try something new.

Once you figure out where you are comfortable in terms of competition, you need to allocate your finances to meet that. For instance, if you have played a lot and you've found that $20 Sit n Go tournaments are right up your alley, then you should put together a plan accordingly. As a general rule, your bankroll should have at least 20 buy-ins to your particular level. That means that the $20 tournaments are going to cost $22 when you include the tournament fees. In this case, your bankroll would need to be at least $440. If this seems like too much, then perhaps you should start with $10 tournaments and work your way up towards your goal.

The bankroll that you decide on is important because it will give you a chance to play enough tournaments to really be successful. Poker is a funny game and even when you play your best, you are going to lose sometimes. If you have a big enough bankroll and you are playing smart levels, then you can afford to get unlucky for a short period of time. You can even afford for some bad play and give yourself a chance to cash in a couple of tournaments and pick the bankroll right back up. Many beginners don't understand this, and they are left with nothing in their account because of it.