Bankroll & How to Keep Your Risk at a Minimum -Poker bankrolls should protect your emotional well being as much as your financial well being. In other words, your bankroll should prevent you from playing scared when you’re going through the inevitable, everyone has them every once-in-a-while runs of bad luck.Luck is an important factor in poker, equal or almost equal to skill, so you’re bound to have days that your most sterling, brilliant play ever just can’t stop the hemorrhaging of your cash.To keep your risk at a minimum, you must make sure you have enough money to keep you sane during a downswing. Money management is should be ranked up there as a top priority when you’re playing in a tough game because good bankroll management can get you through the swings and keep you from going broke.
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Beginner to intermediate level players should be particularly careful about how they manage their money when they play. Most of the time, newcomers go broke at the table because they become too excited. Playing high limits with insufficient bankroll and insufficient skills is going to lead to problems. That said, as we’ve mentioned, even the best players go broke because they play Poker Online limits that are too high when they’re clearly having off days.To avoid these problems and to avoid playing scared – an inevitable result of a depleted bankroll – you should watch your limits like a hawk. If you’re playing too high with too little money – a common occurrence – you’ll be at a major psychological disadvantage through out the game. Before you’re conscious of how you’re thinking, you’ll be bluffed out of your money by playing cheap.
If you decide to play for no limits, you should start the game with at least 100 times the bind. If you want to play $0.25 to $0.50, for example, you should have at least $50 to start.When you’re experiencing a swing in the wrong direction, be aware that most downward swings, if properly managed, trail off at about 100 points – whether it’s 100 of $0.10 or 100 of $100,000 value depends on your game but take it into consideration. Remember also that you can find your bankroll depleted by 200 points, even 300. What this means is, you need to have the starting bankroll to cover such eventualities. Not only do you need to cover the possibility that you might loose up to 300 points at whatever the value you’re playing, you also need to have enough money in your stack to keep playing with a cool head – easier said than done.Minimizing your risk depend on understanding the stakes in a particular game. Your method for understanding the stakes could be based on any one of a hundred strategies that have been developed by professional gamblers and enthusiastic poker players alike. The trick is to find the method that works for you – check out a couple of weighty books on poker and you’ll soon come across a few.