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Despite the relative proficiency of the average online poker player of today when compared with the average online poker player of five years ago, there still seems to be a number of different basic online poker concepts that people do not grasp. Now, this might be a case of a person grasping it but lacking the discipline to follow through, but at the same time a review of some basic poker points is in order just the same.
One of those basic poker points is about poker bankroll management. Managing your bankroll can allow you to capitalize on winning streaks and ride them to a higher level and additional profits from poker game. Managing your poker bankroll properly can also allow you to cut down on the pain of losing streaks, allowing you to end a bad session with the knowledge that you still have the ability to live to fight another day.
So, in order to help you get started down the road to proper poker bankroll management, here are some general principles that you can follow.
For starters, you want to make sure that the actual amount of money you use at a single table is no larger than 1/3 of your overall bankroll. This means that if your bankroll is $300, no more than $100 should be used when you join a single table. This allows you to backup your play at a certain limit and it also allows you to quickly grab another table if the game is better there. This is one of the advantages unique to online poker and something that people do not take advantage of nearly as often as they should.
Essentially, this means that your bankroll determines your limit and that is naturally something that follows logically. In other words, figure out how much money you can spare for poker, divide it by three and then divide that result by 25 in order to figure out the maximum fixed limit big bet that you can play with. In the above example, that would be a $4 big bet ($100/25 = $4), which in turn means that fixed limit $2/$4 is the game you should be playing with a $300 starting bankroll.
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