Managing poker bankroll to succeed in online poker

Posted on: February 28, 2012, by :

Every poker player has the intention to win or to grow his or her bankroll. Unfortunately, sometimes the competition is so stiff that loosing what you had in the beginning becomes a reality. One thing that you can be sure of is that every poker player has some moments of downswings. These downswings affect more so the players who do not have huge bankrolls.

It would be possible to continue playing on fulltilt poker even after the downswings if you have sufficient capital. Nevertheless, the primary goal or the main strategy to incorporate in these games is the get better get paid strategy where you only play at a level which is coming with ;profits while bidding your time for the moment you will be good enough for the higher levels. In this case, therefore you will be in a position to manage your loses as well as get better in the games. It is however imperative that you incorporate some management of the bankroll that you have to survive in this game.

If you are a multi-table poker player, you will ideally need to have a bankroll that is at least a hundred times the buy-in of the tournament. In this case therefore, if you hope to participate in fifty dollars tournament you must ideally be having at least 5000 dollars in your poker bankroll to qualify. This is actually the minimum amount of buy-ins that is recommended. In this case, you will have to go to tournaments that are smaller if your bankroll goes lower than 100 buy-ins.

As for sit n go poker players, it is recommended that they have a bankroll of at least 50 buy-ins. You definitely do not have to feel underprivileged as the poker games can incorporate high variance as well.

Even as we guard our poker bankrolls, it is important that we manage the bonuses that we accrue in a good manner. Bonuses incorporate fantastic ways of increasing the poker bankroll as well as giving us the capacity to move up the stakes well and in a stable manner. In this case therefore when a player gets a good bonus, as much as it enables them to move up the poker stakes, it would be important that they be modest in this progress. Remember that once you go higher in the stakes, you will be against stiffer competition from more experienced players. In this case therefore, the only way for guaranteed better performance in the higher stakes is by moving modestly and when you deserve to be there.

One of the most ignored management strategies for poker bankroll is discipline. Though not a very easy thing, it would be important that once your poker bankroll goes down you go to lower stakes. It requires a lot of self-discipline to do this but the alternative would be even worse as you would be busted. Moving down to lower stakes will guarantee you preservation of the bankroll while you recollect yourself by being profitable in the lower levels and getting to know the game better. In any case, a series of winning streaks in the lower levels would boost your confidence and your tactics to ensure your success in the upper levels.

Leave a Reply

Your email address will not be published.