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Rules of Bankroll Management for Poker Players

Exercising bankroll management is important for any gambler, but it is a must for poker players. With bankroll management, you can continue playing since you will have enough money to avoid going broke after a bad run of cards.

So, whether you’re a new or experienced poker player, go over the following bankroll management rules and use the casino bonus code, to protect your shirt.

Set Your Bankroll Limit before Sitting at a Table

Setting your bankroll beforehand is essential since it will help you decide how much money you may be willing to play with. After all, you have other needs to satisfy in addition to your gambling pleasure. So, if you’re playing a no limit or pot limit game, you should only put 5% of your bankroll on the table. This will help you save you a chunk of your money which you can later use to play another round or another game. On the other hand, if you’re playing limit Hold’em, 300 Big Bets for the limit you want to play at is a safe bet.

Be Flexible with Your Limits

Your ego or pride can be the death for you if your bankroll is in a bad shape. In fact, if your bankroll can’t support the limit of your next session, you will be making the big mistake of playing for a shorter time with chance and no skills. So, rather than throwing away everything you had worked for so far, step down and let your bankroll recuperate.

Focus on the Game and Not Your Balance

Both physical and online poker players tend to obsess with their balance. However, doing so will eventually affect your gameplay and ultimately your bankroll. If your balance is nice and high, the number will go to your head and you may start playing recklessly. On the other hand, if it’s low, ther chances are that you may try desperate measures and strategies to salvage as much as you can. In both scenarios, it is you who will be affected the most. So, resist the temptation of checking your balance all the time and play using the skills and strategies you have acquired.

Know When to Sit a Game Out

There are times when the best way to manage your bankroll is not to play at all. Since every poker player- aside from those depicted in C.M. Coolidge’s Dogs Playing Poker series - is human, they are bound to experience certain factors, such as hunger, exhaustion and mental distractions. With these going on, it will be close to impossible for you to play perfectly let alone manage your bankroll like a pro. So, rather than losing it all, it's better not to play.

Know When to Walk Away

Even the world’s best poker players can suffer from bad beats; but rather than trying to fix this issue, they just walk away to keep their bankroll high. Take a leaf from their books and learn not to make a game so personal that you would destroy yourself just to win back what you lost. With this in mind, you will be able to save a huge chunk of your poker bankroll.

Keep Your Bankroll Only for Poker

There’s no harm in using some of your bankroll to treat yourself or indulge in another gambling activity, but don’t make it a habit. If you do, you won’t be able to enjoy playing poker again during your current visit or any time soon. So, keep your bankroll safe if you want a constant dose of poker or its variants.

Whether you’re playing poker at a physical casino or a virtual one, these golden bankroll management tips will come in handy. So, remember them at all times for a great game and a pocket full of money.

 

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