Jeffrey | Poker Strategy
Do you need a bit more help when it comes to poker bankroll management? You might think learning how to control your bankroll is boring—but it’s one of the most important factors when it comes to being a successful online poker player. Even if you just play as a hobby, it’s still not something you should ignore. So if you want to know a bit more about bankroll management as well as how to boost your bankroll, you’re in the right place. Let’s look at a few important tips:
The Biggest Factor in Bankroll Management
The biggest mistake most people make when it comes to bankroll management is simply not having a big enough bankroll. Most people join a poker site with a certain amount and then play games that are far too high-stake for their overall bankroll.
Remember, you shouldn’t deposit and use your entire bankroll at once. Hold some back. Don’t enter $10 tournaments or sit at $1 cash tables if your bankroll is only $100. That’s a quick way to go bust. You should only play in games at 1% of your bankroll. Variance in poker can be huge, and not having a big enough bankroll for the games you’re playing is a surefire way to go bankrupts ASAP. Make sure you’ve had a look at casinos not using gamstop before you find the site to make your first deposit.
How to Boost Your Bankroll
Now you know how not to make the biggest mistake in bankroll management, you probably want to know a few ways to boost it. The biggest and most obvious one of these is with bonuses. Many poker sites offer generous first deposit bonuses to new players, especially Paypal casinos. These will match your deposit amount and give you even more money to play with. In order to withdraw funds, you’ll normally have to wager a certain amount or play a certain number of games. Make sure you check the specific terms with each individual poker site, but they can be a great way to boost your funds.
You can also get other bonuses that aren’t first deposit. Keep a look out for other promotions as well.
Another great way to boost your bankroll is to play freerolls. These are offered to attract players and you don’t have to pay to enter. However, they are very competitive and normally have massive fields, making them hard to win.
More Ways to Keep Your Bankroll
If you want to know how to keep hold of your bankroll once you’ve built it, check out these tips….
Game Selection
As we’ve already mentioned, making sure you play at the right level for your bankroll and ability are very important factors. One other important factor is sticking to games you understand and are better at. If you keep stats of your play you should be able to work this out.
Avoiding Sharks
Make records of players who are known to be skilled. Keep notes and avoid tables and games that have a lot of these players. Make sure you only play at tales that have lots of poor quality players if you want to keep hold of your bankroll and increase your chances of winning.
Picking the Right Site
As well as picking the right tables and players, the site has an impact too. Some sites have more high quality players, or tougher games. Avoid these. Stick to sites with the right range of games and the right range of beatable players if you want to look after your bankroll.
Hopefully, these tips are enough to get your started when you’re looking to build and keep your bankroll. What tips do you use?
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