For the seasoned poker player, there’s no need to explain bankroll management, but because Slots of Vegas caters to seasoned players and newbies, we’ll take the time to explain the basics in this second installment in the Practical Gambler’s Guide series.
Bankroll management is a process players use to figure out how much other cash they’re willing to risk during any no limit cash game (typically poker). For players who’re laying just for the hell of it, they should just bet however they want, as long as they aren’t betting irresponsibly. For players who’re looking to make serious money, you need to keep on reading this interesting and informative article.
Bankroll Management through Smart Decisions
One of the best ways to manage a bankroll is to play using only money you can afford to lose. If the money you carry into the casino with you is money you’re supposed to spend on rent, groceries, utilities, debt payments, or other monthly bills turn around and walk out without betting a dime of it. It’s NEVER a wise idea to spend money that isn’t really available to spend. Bankroll management should use only money that you’ve set aside specifically for playing poker.
Play as the Bankroll Allows
Every time you sit down to a no limits cash game, you need to readjust your bankroll to determine how much you’re willing to bet. When you start, your bankroll should never be higher than an amount you’re completely comfortable with – you especially have to be comfortable with the possibility that you could lose your bankroll altogether though the hope is that you’ll walk away from far more than you sat down with.
Once you’ve established a base amount of money you’re going to use in your bankroll, how much you’re willing to wager, and how much you’re willing to lose, it becomes a piece of cake to change levels. If you’ve been playing for any amount of time, you’ve probably taken losses, and if that’s the case, don’t feel bad about moving down a few limit levels. Don’t worry, chances are that after a few wins, you’ll be able to go up a few limit levels and start winning the big pots.
Practical gamblers are men and women who, despite playing no limits cash games, know their true LIMITS and keep themselves from playing irresponsibly.
Slots of Vegas is an online casino that always has the best interests of its members in mind, which is one reason we’ve created this articles series; so our members can read it, get advice, and learn to play games of chance wisely.