Playing poker at online
poker rooms and casinos is hard enough as it is without having to
worry about chiseling away at your bankroll.
The whole concept of defending your bankroll employs tactics that limit
the risk that you take involving putting your money on the table at risk for
other players to win away from you if you should choose to play poorly. The strength of your bankroll has a lot to do
with how well you do in online poker room and casino play, as a weak
player can do very well with a strong bankroll, providing that he follows the
rules and defends the bankroll with his life since it is indeed the source of
his livelihood. Keeping the bankroll
separate from all other expenditures and necessary funds, such as everyday bill
money and other mundane essential items, consider how much you actually have
left to put towards the online poker room available bankroll.
You should never be playing
more than 1% to 2% of your bankroll at any one time whether playing online
poker at sites like Fulltiltpoker.com or at a Las
Vegas casino or Costa
Rica for that matter. In this manner you insulate yourself from the
possibility that you can overspend and overbid and wager too much and put
yourself at risk. These risky wagers and
strategies can leave you in a world of hurt if you are not extremely
careful. Limiting what you put into play
at any one time can protect you from going too far in the hole. It is important to remember that a scared
player is a weak player, and working from a minimal bankroll can be
terrifying. The point being that
whatever the size of your bankroll is, you should never spend more than 1% to
2% of it at any one given time on wagering.
If the player was playing at
Fulltiltpoker.com and had $500 in the bankroll, then it would be best to wager
no more than $5-$10 at a time, ensuring that the pot does not grow beyond a
manageable investment for the individual player. It is critical to follow this rule of thumb,
as betting too much can put a definite strain on the entire bankroll for the
online poker room player.
In the example of the losing
player, should the bankroll dwidle down to $400 from the original $500, it
would be necessary to reduce the amount wagered from $5 and $10 bets to 4$ and
8$ bets. This is just common sense, as
your bankroll becomes smaller you should naturally reduce the amount that you
wager. If for some reason your bankroll
should be reduced so much that you are no longer in possession of a bankroll
than you are likely doing something wrong.