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Poker News | Casino Poker | Tournament Reports

Managing Your Bankroll

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It is very important for every player, especially a beginner to consider their investment in a game. The limit decides the starting amount needed to enter the game but each individual, pro or beginner, needs to be aware of the fact that they are still playing with money. If you are a beginner, it is much easier to learn the game and feel comfortable playing in a “play” money game on the Internet. Once you’ve learned to play and want to move into real money games, there are a lot of bonuses offered in online poker games.

Experienced players manage their bankroll according to the limits they play, always looking to improve and move higher up in limit, bankroll management is a key factor to being a winning player. The average investment for an online poker room with a $2/$4 limit is generally $200 and higher. Keep in mind that you are looking at up to 70 hands an hour and the fluctuation in an hourly win/loss rate can be quite large. Poker Champs offers micro limits, starting at $.02/$.04 so a starting investment could easily be anything above $5.

It is a good idea to keep a daily diary of your play. Make notes, including the limit, the game, and the amount of your buy-in. Whether it is a win or a loss, it must be recorded if you are going to have an accurate idea of how you are doing. In order to improve your bankroll, your game, and hone your skills, you must be able to honestly face what is going on while you are involved in a game.

Assess your play, each time you are in a game, and with a little homework and bankroll management, you’ll find poker is a great investment.

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The IRS managed to snag 34.13 percent from the payouts of the 2015 November Nine, totaling $8,467,091.

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