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Top Tips on How Not to Waste Your Bankroll when Playing Online Poker

It’s a very common problem: poker players who are experts at playing traditional, live games don’t seem to get the hang of playing poker online. Even worse: players who seem to get the hang of the online games and win for several sessions in a row lose their money in two or three straight games. It happens, more often than one cares to think. So how do you make sure you don’t waste your bankroll when playing poker online? Here are some very helpful tips:

  1. Stick within your limit

Stick to the 5% rule – this means that you will never bet more than 5 percent of your budget in one single game. There’s a good reason for sticking to that rule: you’ll have plenty of chances to get the money back if ever you fail. Remember that this is a percentage – so if you started out with a budget of £20, you can bet £1. Only when you get up to £40 can you risk £2, and so on.

  1. Take it seriously

You may get excited and feel that you don’t need to pay too much attention, especially if you’re on a roll. This is a big mistake. Take it seriously, as there’s always opportunity to learn. Stay focused at all times, even if you just want to have fun. I assure you, your opponents are taking it very seriously.

  1. Make yourself comfortable

 

Have healthy snacks at hand. Get your favourite drinks and have them ready. Get a notebook so you can jot down notes. When sitting in front of that computer, make sure you are comfortable.

  1. Know when to quit

If you feel it’s not your day and things aren’t going well, don’t be afraid to throw in the towel; the next session might be better. Know when to quit.

  1. Don’t count your chips

Your chips are there to help you keep score, but if you walk into a game with the mentality that the chips are all that matter, you’re missing out on a lot of fun. Don’t count your chips – except to keep score.

When playing online poker, rule number one should be never to play for money – the money and the prizes should be only a way of keeping score. Players should play for the fun and the thrill of it. There is, after all, a big thrill to be had, and turning that adrenaline rush into a negative experience benefits nobody. Set a budget aside. Stick to the rules. Have a game plan, and be prepared to learn every step of the way. That’s how you play online poker - you live, you learn, and eventually, you thrive.