If you’ve come to this page you’re obviously serious about making money from online poker – and that’s great. Just by having the commitment to search for bankroll management tips proves that you’re a higher calibre player than the majority of online poker players. If you’ve started to find yourself winning more frequently, it’s time to take the focus away from your poker strategy -and start developing a bankroll management strategy.
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Bankroll Management Tips
Today, we’re going to discuss how to improve your bankroll management. All the hard work, time and effort you’ve gone through wont mean a thing if you’re not ‘clever’ with your money. Let’s get started. For the playing of pkv qq games, the management of the bank roll and risks is a must. The spending of the money is from the budget to get the desired results. There is an improve in the bank balance of the gamblers while playing at the online site.
Play within your bankroll
This is the first bankroll management tip for a good reason, it’s the most important. If you have a £50 poker bankroll, there’s no point playing a £30 buy-in tournament. A great ‘rule of thumb’ to start with is the ‘10% rule’. Whether you’re playing a Sit N Go, Multi Table Tournament or cash game you should limit your buy-in to 10% of your total bankroll – so in the example above it would be £5. This give you some breathing space, encase you hit a ‘dry patch’ (where you lose a few tournaments in a row’.
Don’t micromanage your bankroll
If you become obsessed with looking at your bankroll statistics, you’ll end up ‘playing with scared money’. Once you’ve signed up for a tournament, you need to realise that the buy-in fee is no longer yours, and you must play solid poker regardless of whether it puts your buy-in at risk or not. Some people play too tight (fold too much) because they’re scared to lose, but you’ll never win big tournaments without taking calculated risks.
Have a separate poker bank account
When you start making big bucks from online poker (or even before you start making serious cash) you should set up a bank account just for your poker funds. When you use your main bank account, you can get tempted to play with money you can’t afford to lose. Instead, put in however much money you want to start your bankroll off – and just play with that money.
Enjoy some of your winnings
Every now and then you’ll win a major poker tournament and end up with a huge amount of cash in your bankroll. Make sure you withdraw some of that money and enjoy yourself – whether it’s a nice meal, a few drinks or even a holiday. There’s no point ‘grinding’ through the poker tournaments if you don’t take some of your profits to enjoy yourself!
Winning at Online Poker
This article is aimed at bankroll management for online poker, if you’re still learning how to make money from online poker, check out this guide: making money from online poker. If you want to find out about all the aspects of being a poker pro, check these guides out: online poker strategy guides. Hopefully you’ve enjoyed this article, and you have some actionable ideas for your poker bankroll management. If you’ve got any further questions, queries or concerns with your poker game, drop us a line – our contact details are at the bottom of the site (in the footer).