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Poker Bankroll
Tuesday, 23 November 2010
Your Bankroll
Mood:  sharp

Ask any smart poker player and they will let you know,...the most important piece of the puzzle in becoming a professional poker player is 1) having the money and 2) using good bankroll management strategies.

 Through access granted by the internet, we have the ability to read about, check on, and follow prominent bankroll challenges.  There are also numerous websites created to teach you how to use proper bankroll management.

Here are a few tips copied from one of those websites, poker bankroll hq : 

 -Only play with money that you can afford to lose.  You cannot win 100% of the time, so do not be in the mindset that you can.

-Have at least 10 buyins (on the aggressive side) or 30 full buyins (on the conservative side)

*1 Buyin generally equals 100X the big blind.  In $1/$2, 1 buyin is $200.00.  So to be play $1/$2 you generally want to have between $2,000 and $6,000.

-If playing online, find a good deposit bonus.  Almost every site will match your deposit up to a certain percentage.  Find the best deal for you.

-If playing online, sign up for a good rakeback promotion.  You can receive around 30% of your rake back from online poker rooms.

-Take advantage of freeroll tournaments.  Both live and online poker rooms will often have freeroll tournaments where you have zero risk but can win money or entry into bigger tournaments.  Play all of the freerolls that you can, what do you have to lose?

 

If you find yourself in a worrisome situation, always remember that if you have 0 dollars, it is going to be tough to ever live off of poker winnings... Get the poker training you need today!

 


Posted by r3m3b3 at 5:50 PM EST
Updated: Tuesday, 23 November 2010 6:03 PM EST

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