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Poker Freerolls: Money Management

Money Management, Why you need to manage your bankroll…
In this artical I will talk about money management, bankrolls, and minimizing loses. These are
all important concepts when playing poker but they all revolve around the same principals. You
must limit your loses, hold on to your winnings, and most importantly always leave your self
outs.

You should only play games that your bankroll will allow. If you have 200 dollars to play with for a
month you don’t want to lose it all in the first week playing a 5-10 no-limit game. The average pot
in these games would be about the size of your bankroll. You should play lower limit games that
match your bankroll.

Minimize your losses. I have seen players loose a big hand, go on tilt and loose their whole
bankroll in one night. If you ever get angry because of a bad beat or loose a lot of money quickly
you should take a break. A lot of mental energy will be used up worrying about your bad luck,
this will effect your game in a negative way. I recommend going for a walk or even quit playing
for the day. There will always be another game tomorrow.

Protect your bankroll. Not every player needs a bankroll. If you only play on occasion with extra
money you probably don’t need to worry about this. But if you are a player who wants to make a
good income from poker your bankroll is an asset. Lets say you start with a bankroll of 500
dollars at a poker site. Now after a week of winning you are up to 2000 in your account. You take
out 1500 and go buy a new TV. That is fine but if you get on a bad streak you can easily loose
the 500 you still have. Then you will have no bankroll and wont be able to play. This happens to
a lot of good player, and if they cant play they cant win anymore. This can put an end to your
poker profits.

So just remember that poker is a game of swings. You can win a lot but you can also get on a
bad luck streak and lose a lot. Just watch your bankroll, manage your money, and always leave
yourself outs.

------Suggestion-------

Remember to think about your bankroll before each time you play. Think about what will happen
if you loose all your money in your account. Will you want to deposit more money you cant afford
to lose? Are the stakes of the game so high it you loose a big hand you will be out of chips? Just
think before you start to play about the worst case scenario and you should have less bankroll
problems.

Brough to you by,
www.pokersecretsschool.com - FREE "Winning Online Texas Holdem Poker" e-book!

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