One of the most important, yet most commonly ignored, concepts of Texas Holdem poker online is bankroll management. It doesn’t matter if you have all the online poker skills in the world – if you can’t manage your bankroll, you will not go very far OmbakQQ. Here are some tips to help you manage your bankroll online successfully…
Don’t play at a level higher than your bankroll dictates
Your bankroll dictates what level you play at, not your skill level. It doesn’t matter how skilled of a player you are – you can take a few bad beats in a row and lose a large portion of your bankroll before you know it. Too many players think they are too good for the stake level they are playing at, but before long, they will blow their whole bankroll and learn a valuable lesson.
Don’t be afraid to move down levels
Just because your bankroll dictates you should be playing at a certain level, that doesn’t mean you have to play there. Remember, your bankroll dictates the maximum stake level you can play at, not the minimum. If your bankroll dictates that you can play at $10/$20, but you are not achieving any success at that level, move back down to $5/$10 until you improve your skills. It is better to make more money at a smaller stake level than it is to lose money at a higher level. It’s common sense, but very few people actually follow this.
Avoid tilting at all costs
There is nothing that kills a bankroll faster than a player going on tilt. Tilting is when you take a bad beat or make a bad decision and then you start playing recklessly with your money. You play at higher stakes to try and make up for your losses, or you try to gamble with your money and take unnecessary risks. Everyone says they won’t tilt, but everyone does it once or twice. What’s the best way to handle this situation? When you take a bad beat or make a series of bad decisions, sign out of your online poker platform and walk away. You will thank yourself later…
Even if you are just playing Texas Holdem poker online for fun, you need to focus on managing your bankroll. If you play at the correct levels, if you move down when you are no longer profitable, and if you avoid going on tilt, you will always have money in your online poker account.