Managing Your Bankroll At Various Online Casino Poker Tables

2 July 2013 – By Cristian Dragomir

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Playing online casino poker can be highly enjoyable and very lucrative, depending on how good you are, and how much you have in your bankroll. Managing the money you have in your online casino account is something that will make all the difference in whether you are a winner or loser when it comes to playing for real cash. Even individuals that make their living off of playing poker have to manage their money properly, otherwise even they, would go broke over time.

Although every game can vary depending on several factors, such as the type of players you’re playing against, whether they are very skilled or not, the stakes you are playing for, and even the time of day you are playing, if you are able to successfully manage your bankroll, you should be able to get through even the toughest times, where it seems you cannot get a winning hand no matter what you do. With this being said, the basic principle dictates that if you’re playing Limit Hold em poker, you should at least have enough money for 300 big blinds. If you’re playing No Limit Hold’em, you should have at least 20 buyins for a tournament, and if you’re playing Sit and Go tournaments, you should at least have enough cash for 40 buyins. A buyin it is the amount it costs to enter into the tournament and obviously the more you pay, the more you play for.

Every player, no matter how good they are, can easily have a bad run of cards, and only by properly managing your bankroll will you be able to get through these trying times, and get back into making money. You should always play within your bankroll, meaning that if you do not have a lot of cash on hand, you should perhaps look at playing for lower stakes in order to build up your bankroll again. These basic guidelines are typically for the casual player, because if you’re looking at playing professionally and making a living from playing online casino poker, you will need a much greater amount of money, because you will have to take all your living expenses out of your winnings as well as keeping your bankroll at the required level.

You’ll find that the more experience you get by practicing, you will learn how much money you need to play at the level you want to. As you start to make more money from playing the game you can then up the ante and move to a table that is playing for bigger stakes. As long as you are playing successfully at this level, and making money, once you feel you’re ready to move on you always have to remember that if you start to lose, you can always drop down a level or so in order to build up your bankroll account again.

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