The 5 Dependable Strategies

The 5 Dependable Strategies of Saving Your Online Poker Bankroll

Playing poker or any gambling game is not just about luck, it has a great deal to do with planning and meticulous calculation. Lots of poker players have lost a considerable amount of money because of bad decisions. Online poker is trickier than the live gameplay, the players are smarter, quicker and lot more efficient than those you’d find in a shady casino. If you are a good poker player then this article is for you. Here are 5 dependable tips for saving your online poker bankroll.

Poker is Serious. Period.

Gambling is not a game, no matter what anyone tells you. As long as real money is involved, every move, every roll, every decision count. Even the smallest of mistakes could cost you a fortune. So, the first rule of the Poker Club is, take your game seriously. And the more money you lose, the harder it gets to earn a profit, especially if you’re broke.

For starters, limit your distractions, and refrain from multitasking. In the case of an online poker game, we’d suggest you keep your attention on the game and don’t play just because you’re bored. Play for money, not for entertainment, because that would make you complacent and compel you to make dumb moves. Also, take care of your health, you’re only human. The less distracted you are because of your bodily needs, the more you increase your chances of winning a good haul.

Play Within Your Roll

One of the most important rules of online poker is to play within your bankroll limit. Be disciplined, avoid betting on stakes that are higher than what you can afford. Don’t give in to temptation, especially if you’re losing big time.

There’s an actual mathematical theorem called the Gambler’s Ruin where two players are pitted against each other in a zero-sum game, where one player has finite rolls and the other has an infinite bankroll. It’s the online poker space vs you, with you being the player with finite bankrolls.

If you’re a winning player, you can double your investments, but if you’re on the losing side- well stick to the standard rule of having less than 5% of your roll in one game. And if you really want a robust gameplay, drop that number as low as 1 or 2%. Serious poker players play with 10x rolls or less.

Don’t Monitor the Balance

Now, if you are following the first rule of online poker and have a legitimate bankroll, then you didn't have to worry about being broke. Remember, you’re playing poker with chips and not money. Thinking about money and investments hence becomes irrelevant. Refrain from constantly checking your bankroll balance, one can easily fall into the trap of micro managing their accounts. Also, keeping constant tabs on your poker account can be a boon and a bane. When you’re winning, looking at all your winnings is a confidence booster. However, if you’re on the losing side, seeing the numbers dwindle can chip at your ego. Earning profit in a typical poker game is a slow grind, losing money is quick and swift. Learn to take risks, you can jump small limits and take a shot at a big score if you are confident of gaining a winning hand.

Tilt- the Ultimate Kill Switch for Poker

Integrating a tilt in your gameplay is one power move that could get you through some tough spots. It is one of the best bankroll killers that hits online players at the most importune moments. The tilt is brought about by breaking any combination of rules, driving the most careful players into frenzied bets, raises and risky calls.

The cause and trigger for a tilt can come from anywhere, although it’s a very subjective decision and can vary from person to person. Also, it’s impossible to entirely avoid a tilt and doesn’t affect your game all that much most of the time. When you feel the greed for taking up ridiculous bets, it might not be apparent to you, it’s clear to the rest of the world. The next time you feel the tilt coming, you know its time to log off and take a break.

Practice With Free Poker

If you have no self-control, you can try out apps and poker bankroll management tools online to control your game. Play casinos for free at online casinos with gambling license, and get comfortable with the online interface. With apps, you no longer have to rely on your mathematical skills and calculate your earnings in pen and paper every time you decide. Platforms like Poker Charts, Poker Dominator, My Poker Bankroll, and Poker Bankroll Tracker enable you to keep track of your investments and analyze the risks involved. These services are payable but come with a free trial period. Poker Game Spreadsheets are available online; these let you divide your bankroll by cash games such as full ring, short-handed or heads up, limit, no limit or pot limit.

The Bottom Line

Playing poker is no child’s play. Every move should be carefully calculated and accurately executed, and still, in the online poker space, there might be chances that you might not get a good hand. However, if you follow all the rules, you don’t have to worry about losing all your hard-earned investments. Stick to the tips shared in this guide, and you’ll do alright.