Poker Bankroll Management

Bankroll management is an area of poker that many new or inexperienced players ignore. As enthusiastic as one may be to leap onto the tables with a stack of chips and try to turn over the initial deposit bonus in one day, there is a reason for bankroll management in poker, and although some players will get lucky on their first attempt, it is estimated that 75% of all new players lose their funds within a few days and have to reload their accounts to continue playing.

Lucky Ace Poker  Bankroll Booster
Deposit $400 get $100 Extra Instantly Free + Earn $300 More as you Play – www.luckyacepoker.com

Unless you have extensively practised (and even if you are very rich) it is not advisable to immediately sign up with one of the major poker rooms offering huge bonuses if you invest hundreds or thousands of dollars with them. The best way to start is on one of the “easier” web sites with a lower volume of traffic and standard of play. This way, you will be able to learn the basics of playing for cash before attempting to mix it with the professionals. It will also give you valuable experience about opening hand selections, learning how to calculate odds and EV in a real time situation and the importance of discipline and patience at the table.

Being on a lower grade of site will also give you the opportunity to establish good bankroll management practises. There is a factor in poker known as “variance” – which acknowledges that no matter how well you are playing there will be times when the cards run for you, and times when they run against you. The purpose of bankroll management is to ensure that when you are not being so fortunate with the cards, that you avoid being wiped out and have to reload your account again.

Therefore there is a scale in place which influences what level you should be playing at, and also indicates how well (or not) you are doing overall. It is generally accepted that a new player should be playing ring games at a big blind level which represents around 1/300th of their total funds. Therefore if you have deposited $150, you should be playing at $0.25/$0.50 and take just $25.00 to the table with you (equivalent to 50x big blind). As you win (and your bonuses kick in) you can play on the higher staked tables. If you lose, you should go down a level until your game is sufficiently advanced to play at this standard.

Tournament and Sit ´n´ Go players should invest 1/20th of their funds into a tournament. So, for a player with $150 in their account, this would mean a game where the entry is no more than $6.00 plus rake. It seems particularly low to many players, but it has been generally accepted that over a period of time you will settle in a level that is comfortable and profitable for you, while avoiding the risks of variance to your bankroll.

As mentioned above, there are different standards of play at the same stake levels on different web sites. Just because you have done well in one particular poker room, it does not guarantee that you will do equally as well at another. However, by using correct bankroll management to determine your choice of game, it will ensure that your poker experience is more enjoyable and has a greater chance of being profitable.

Deposit $400 get $100 Extra Instantly Free + Earn $300 More as you Play! – www.luckyacepoker.com