Bankroll Management – Keys to Profiting in Poker

A poker bankroll, simply defined, is money set aside strictly for the purpose of playing poker that the player can afford to lose. The idea though, is not to lose it. The idea is to build on that bankroll to either move up into higher stakes or to make a profit and keep the winnings for personal use. Now if your just playing poker for fun, don’t bother reading this article. Take whatever amount you feel comfortable with to the table now and enjoy a friendly game of poker!

If you’re interested in building on your bankroll for the purpose of adding to your income or even playing poker professionally, read on. Play poker with your poker bankroll, and only use your bankroll for poker. An important part of bankroll management  is that your poker bankroll should be used only for poker. In order to play your best while at the tables, you should never be playing with more than you can afford to lose. If the idea of losing the money you have on the table scares you, you will play scared poker. Anyone who’s ever played scared poker knows that scared poker is not winning poker.  In any game of poker, you must take risks and play aggressively in order to win. A player who cannot afford to lose is far less likely to take those aggressive chances.

Always keep your money for important things such as food, rent, etc., separate from your bankroll. Your bankroll should determine the stakes you are playing Always let your bankroll dictate the stakes you are playing for, every single time you play. The purpose of this is so that when you take a big downswing (yes, I said “when,” not “if”), you won’t end up bankrupted. Your bankroll can start at any amount that your feel comfortable with. With the popularity of online play, it’s easy to find games with stakes as low as 2¢ to 10¢, which is low enough to start off your bankroll with even a small deposit.

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