Your Poker Bankroll -Why do you play poker? If you are like many millions of people worldwide, you have dreams of enjoying the lifestyle that winning millions of dollars brings with it. The life of a poker player includes not having to get out of bed, not having to work tough jobs for long hours to make minimum wage, not having to answer to a boss, and various other benefits that come with the territory.What is a bankroll? Simply put, a poker bankroll is the money that you have set aside strictly for the sole purpose of playing poker. This should not be considered any other sort of funds (i.e. your savings account, monthly paychecks, etc.).
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Not surprisingly, the single most important factor in attaining this lifestyle is learning the financial management techniques that come with controlling your poker bankroll. You can often hear stories about poker players that risked their entire bankroll it turned out to be a great decision. However, it is only because Dewapoker they were successful that we hear their stories. Alternatively, numerous poker players risk their entire bankroll and go completely broke. If you do not play within your bankroll, please be aware that all it takes is one misstep to completely wipe all of your money out.
Do you know how many buy-ins your bankroll is at? Do you know how many complete buy-ins you should have before you move up in stakes? How can you advance in stakes quickly without ever risking your complete poker bankroll? These are all simple questions that we will help you answer.It is important to realize that if you couple smart play with patience and proper bankroll management, you too will have the opportunity to makes thousands or even millions of dollars. In a well documented example of tremendous bankroll management, Chris “Jesus” Ferguson built an online account from $0.00 all the way to $10,000.00. Although this feat took Ferguson over a year to accomplish, it goes to show just exactly how successful someone starting with zero dollars can become by using proper poker bankroll management.