It doesn’t matter how good of a poker player you might be, at some point during your gambling time, you will have overstepped on at least one of these five rules on how to save your online poker bankroll.
Don’t worry, it happens to all players, even the best of us.
We conducted some player surveys not too long ago and found that most players struggle to maintain the balance when playing poker online and managing a bankroll.
Interestingly, these players also noted that when they struggled with wins when they struggled with keeping control of their bankroll.
Which paints a not-so-pretty picture about success in games of poker being directly related to success in bankroll management.
While managing bankroll does rely on personal strength or willpower, we can help you out by sharing these five rules that live poker players must not break.
How To Save Your Online Poker Bankroll
1. Play Within Your Means
You might think that this rule is too obvious, but the reality is that this is not only the most important rule but also the most commonly broken one when playing for real money.
If you intend on enjoying a long and successful play session at sites offering poker then you must play within your means.
This means that you should never take a seat at a table with higher than 5% of your total bankroll in play on a table at any given time. We recommend players take this a little more conservative and focus on having a lower amount like 2% or 3% in play.
Players should always maintain the level of commitment to their bankroll that they did in providing the real money in the first place.
If you are maintaining control in allowing yourself a small amount of your salary to be used for online gambling, you can (and should) exercise that same control in managing the amounts you are betting and using during your poker play.
2. Treat Poker Seriously
Every pot, every hand … they are all affected by mistakes and the small ones can be rather costly.
Poker is a game heavily reliant on skill, which is why you should always treat the game with respect when playing with real money.
When you decide to enjoy your online poker playing, do so in a quiet space with limited distractions. While some people are not affected as much as others, for the majority of poker players, distractions lead to mistakes.
Which means giving up your hard-earned cash.
A similar mindset should be taken when choosing to play — don’t play out of boredom, play because you want to enjoy yourself or you are looking at winning some money; otherwise you won’t be focused entirely on the actions you make.
3. Play in Moderation
We are not robots, even if some of the top poker professionals seem like it at times.
What this means is that you need to think about your body and the wellness of your mind. Play in moderation so that you can play at peak performance!
Make sure you are eating well, staying hydrated, and comfortable in your environment. Don’t play while you are overtired, stressed or exhausted, and keep away from drugs and alcohol when putting on your best poker face.
4. Don’t Watch Your Balance
Now, provided you are following the above rules and showing commitment to the game, you should be quite confident not to go broke.
Set yourself meaningful goals for your gaming. Give yourself a suitable amount of chips to play with and a limit on when to walk away from the e-table.
Essentially set and forget, because watching your balance is counterproductive for your goals of winning and enjoying poker.
When you watch your balance, it is all well-and-good while you are winning and your balance is increasing, however, things can go south faster than you can say “g’day”.
Aussie players should think of playing poker online and balance watching just like being Prime Minister of Australia. Don’t get caught watching or you’ll be given your marching orders and be out the door and up ‘Schitt’s Creek’ in no time.
5. Know When Enough Is Enough
If you aren’t sticking to the five rules to manage your online poker bankroll you are going to have a bad time.
While it might be hard to walk away when things get tough, knowing when is enough is an important skill to have.
Remember, the beauty of playing at mobile casinos is that you can always be in control. Gamble responsibly and never chase your losses, just sign out and come back another time.