1. Best Way To Build A Bankroll Online Poker Tournaments
2. Best Way To Build A Bankroll Online Poker Games
3. Best Way To Build A Bankroll Online Poker Game

Jeffrey Poker Strategy

Do you need a bit more help when it comes to poker bankroll management? You might think learning how to control your bankroll is boring—but it’s one of the most important factors when it comes to being a successful online poker player. Even if you just play as a hobby, it’s still not something you should ignore. So if you want to know a bit more about bankroll management as well as how to boost your bankroll, you’re in the right place. Let’s look at a few important tips:

The Biggest Factor in Bankroll Management

The biggest mistake most people make when it comes to bankroll management is simply not having a big enough bankroll. Most people join a poker site with a certain amount and then play games that are far too high-stake for their overall bankroll.

Remember, you shouldn’t deposit and use your entire bankroll at once. Hold some back. Don’t enter $10 tournaments or sit at $1 cash tables if your bankroll is only $100. That’s a quick way to go bust. You should only play in games at 1% of your bankroll. Variance in poker can be huge, and not having a big enough bankroll for the games you’re playing is a surefire way to go bankrupts ASAP. Make sure you’ve had a look at casinos not using gamstop before you find the site to make your first deposit.

I used a seven-buy-in bankroll management method (to move up or down). I didn't make any fancy plays (except for when I was trying to specifically teach a concept to the stream). I played a bit less than 10,000 hands of solid and basic poker, and that was all it took. Getting started with playing poker online isn’t as difficult as you think. The guides we have here on Poker Bankroll Blog can help you build a substantial poker bankroll to get you started with playing poker online. You can also master the game rather quickly with the resources on this site. Achieving success as an online poker player, however, requires you to take additional steps. Some people make the mistake of thinking that their bankroll is simply the money in their online poker account, but this is not the case. You might, for example, decide that you have a $100 limit. Tip #1: Treat your poker bankroll like an investment—because it is. Before you can grow a bankroll, you need a bankroll to start with. Choosing an amount to start your bankroll with is similar to choosing how much to invest in the stock market, or in any other financial venture, except you are investing in your own ability. FYI, I started with basically nothing at one of the major poker sites (I was on it playing play money games to see if I liked it and they deposited $5 into my real money account) and built up a significant bankroll (a LOT more than $1,000) playing almost exclusively 18 player SNGs.

How to Boost Your Bankroll

Now you know how not to make the biggest mistake in bankroll management, you probably want to know a few ways to boost it. The biggest and most obvious one of these is with bonuses. Many poker sites offer generous first deposit bonuses to new players, especially Paypal casinos. These will match your deposit amount and give you even more money to play with. In order to withdraw funds, you’ll normally have to wager a certain amount or play a certain number of games. Make sure you check the specific terms with each individual poker site, but they can be a great way to boost your funds.

You can also get other bonuses that aren’t first deposit. Keep a look out for other promotions as well.

Another great way to boost your bankroll is to play freerolls. These are offered to attract players and you don’t have to pay to enter. However, they are very competitive and normally have massive fields, making them hard to win.

More Ways to Keep Your Bankroll

If you want to know how to keep hold of your bankroll once you’ve built it, check out these tips….

Game Selection

As we’ve already mentioned, making sure you play at the right level for your bankroll and ability are very important factors. One other important factor is sticking to games you understand and are better at. If you keep stats of your play you should be able to work this out.

Avoiding Sharks

Make records of players who are known to be skilled. Keep notes and avoid tables and games that have a lot of these players. Make sure you only play at tales that have lots of poor quality players if you want to keep hold of your bankroll and increase your chances of winning.

Picking the Right Site

As well as picking the right tables and players, the site has an impact too. Some sites have more high quality players, or tougher games. Avoid these. Stick to sites with the right range of games and the right range of beatable players if you want to look after your bankroll.

Hopefully, these tips are enough to get your started when you’re looking to build and keep your bankroll. What tips do you use?

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Sit ‘n’ Gos have achieved cult status in the online poker community. You sit down at the table, and when the seats are filled the game begins. I am sure ALL online poker players have played a SNG, and most have, at one time or another, sought to systematically build or bolster their bankroll by utilising a SNG bankroll building strategy. It is almost a rite of passage for an aspiring online poker pro.

There are many variations on the SNG. The classic one table SNG sees nine players vying for a share of the prize pool with the top three players taking a 50%, 30% and 20% cut of the prize pool. All players pay a percentage to the poker room to play, usually 10% of the buy-in. There are also multi-table variations of the SNG with 18, 27, 45, 90, 180 and 360 player SNGs available for your bankroll building pleasure. The prize pools are fixed at the buy-rates as the numbers of players are restricted to the maximum number. Obviously the swings can get wilder as the number of players increase in each type of SNG.

In many “How To” guides to online poker, SNGs have been promoted as a relatively low risk way to build your bankroll if you follow the specific strategies needed to be successful. No-one says the games are easy, but they are classed as beatable and relatively low-variance. This is a win-win situation for anyone who wants to make money but does not want to suffer the emotional turmoil that comes from crazy swings in their bankroll balance.

However, there is an asterix to bear in mind. Online poker in today’s environment has been restricted by legislative moves such as black friday and the dust is still settling. Unfortunately, this means that player pools are smaller than if we had a worldwide market. The reality is that the poker boom is over (sorry, but it is!) and there are now far less new players who are joining up and paying their dues in the form of losses as they learn the nuances of poker.

The question I ask is, are SNGs still the bankroll builder that they used to be? Let’s take a look.

The ‘Yes’ Argument

There are plenty of books available that discuss the optimal strategies to employ at each stage of the SNG. However, before you employ them to the letter, remember that some of these books were written years ago and therefore, some of their concepts may be a little outdated. The advice still works, but you could discount, for example, any comment that suggests there are “usually three bad players in a SNG”. This may be true, but you should expect each player to be reasonably competent.

This does not mean the SNG strategy books are no use to you, reading them will certainly give you a good chance to succeed, providing you place the advice into the context of what you will face today in the games. Take the time to look for the latest information that reflects the current standard of the games as they are getting harder all the time. You need to constantly improve to take into account the ever increasing standard of online poker play.

Like most online poker tournaments, the skills you will learn are transferable. SNGs will introduce you to the concept of ICM and every SNG is a form of practicing for deep situations in tournaments where you are making a run for the final table. For this reason, they are a good investment of your time in putting yourself in spots where you are going to learn.

As long as there are players taking a shot, you can beat them. As long as there are large player pools, you have a chance. I would say “have a go” and believe in your own ability.

The ‘No’ Argument

Rather than making a living from $200 SNGs, many good players realized that there were not too many bad players at those levels and they began to play far lower and take advantage of the numerous bad players at the low stakes games. They moved from large swings in few games to lower swings in a high number of games. This is bad news for anyone who is not absolutely top notch in SNG strategy as there will be good players littered throughout the player pools feasting on the fish.

In a post on 2+2 user “sippin_criss” replied to a question from a user who enquired whether it was possible to play $20 SNGs for a living. I thought his reply summed up in a few words the view of many players. He said:

The message is clear; only the best will survive and thrive. There was also a graphic posted which showed the top player in the $16 - $35 buy-in levels for 2016 was in profit by $16k. This is good but not life-changing. My own research on sharkscope suggests that if you win $20,000 at this level you will be one of the very best poker players in the world at these levels. This does not fill me with tons of confidence and within those wins will be the inevitable swings that will test your resolve.

Best Way To Build A Bankroll Online Poker Tournaments

I have broken down the arguments into ‘yes’ and ‘no’, but the truth is there is not a simple answer. Elements of the yes argument are, in fact, reasons to proceed with caution. For example, if everyone has access to good learning materials then everyone is getting better. Conversely, if more good players leave the games because they believe SNGs are no longer an effective strategy for building their bankrolls, then there will be fewer good players for you to beat and your chances of success are higher.

Best Way To Build A Bankroll Online Poker Games

Best Way To Build A Bankroll Online Poker Game

The best thing for you to do is to study hard, learn the basics, and try the games out for yourself. Only by analyzing your results can you assess whether SNGs can work for you. You will also find your favorite games from the choices available. Personally I really enjoy the 180 man SNGs and seem to dislike the 18 man or 27 man SNGs. It is all choice at the end of the day, but I remain a fan of the SNG and hope it remains part of the online poker scene for many years to come.