How to Manage Your Poker Bankroll for a Successful Online Poker Play
How to Manage Your Poker Bankroll for a Successful Online Poker Play
Using a proper bankroll strategy will keep you out of trouble regardless of the bad run you may have. Unluckily, all poker players go through downswings. If you have a huge bankroll, then you can survive even the worst downswings and return to action quickly. Players who don't have any kind of bankroll system prepared always go busted at some point.
Ideal Bankroll For Multi-Table Poker Players
An ideal bankroll for MTT Poker Tournaments players is 100X the tournament buy-in. For example, if you have a $5,000 bankroll, then a $50 tournament is the best option for you. 100 buy-ins is the minimum recommended amount. As soon as your bankroll goes below 100 buy-ins, you must at once move down to smaller tournaments.
Ideal Bankroll For Sit N Go Players
For SNG tournament players, 50 buying is considered to be an ideal bankroll. Means, if you have that if you have a $1,000 bankroll, then $20 Sit'N'Go tournament is the best option for you. Although not as swingy as Multi-Table Tournaments, Sit N Goes can yet be quite high-variance games. Hence, 50 buy-ins (100 if possible) can be an ideal limit.
Self Discipline is A Must
Regardless of the size of bankroll chosen by you, you must always move down in stakes whenever your bankroll shrinks.
Moving down is never pleasurable, but that's where the self discipline comes in to play. In every poker player, self discipline is perhaps the most important quality of all. If you don't move down when your bankroll says you should, you will surely go busted. It has happened to some of the best pros in the world.
If you go through a big downswing, you'll be excited to keep your current stakes so that you can quickly make the money back. That excitement is one of the biggest destructors of bankrolls. Although it's unpleasant to move down, but if you make yourself move down, you'll be pleased for what you did.
Poker Bonuses - Best Way To Increase Your Bankroll
Poker bonuses are a fantastic way to increase the bankroll. At the same time, it's quite necessary that you move up in stakes properly. If you receive a huge deposit bonus and abruptly jump up 3 levels in stakes, you'll find yourself playing against considerably more experienced players. So think twice while you move up in stakes with the help of poker bonuses.
PokerStars $600 deposit bonus is one of the best the best poker bonuses that I would like to recommend to everyone. When you register an account there, type in the Poker Stars referral code STARS600.
Use STARS600 and you will get a 100% bonus on your first deposit there. For example, if you deposit $200, PokerStars will match it with an additional $200.
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