How to Protect and Grow Your Online Poker Funds

Bankroll management is an often overlooked skill in the world of poker. Whether you are a recreational player or an aspiring professional, understanding how to protect and grow your real money poker funds is essential for long-term success. In this article, we will delve into the fundamentals of bankroll management and provide practical tips to ensure that your poker journey is financially sustainable and profitable.

Determine Your Bankroll

The initial step in effective bankroll management is to determine the size of your poker bankroll. It is recommended to have a dedicated bankroll separate from your finances. A general rule of thumb is to set aside at least 20-30 buy-ins for the stakes you plan on playing. This provides a cushion for variance and protects against significant downswings.

Set Clear Limits

Establishing clear limits is crucial in preventing you from risking too much of your bankroll on any single session. A commonly used guideline is to never invest more than 5% of your bankroll in a single cash game buy-in or tournament entry fee. By adhering to these limits, you minimize the risk of going broke during a downswing and allow yourself the opportunity for long-term growth.

Avoid Chasing Losses

One of the biggest blunders poker players make is chasing losses by increasing their bet sizes or moving up in stakes beyond their bankroll capabilities. This can lead to a rapid depletion of funds and potentially ruin your poker career. Instead, focus on maintaining discipline and sticking to your predetermined bankroll …