When Chris Ferguson blogged his Start from ZERO Bankrolling Quest,
he proved that it could be done. You can start an online poker bankroll
from ZERO dollars. The fact that a Full Tilt pro with the reputation of
Chris toiling in the penny tables went through the whole process not
once, but twice building an account surplus of Ten grand shows that
with due diligence and dedication to the task, you can probably do it
too.
But only with a lot of self control that is. When playing
online poker especially at a site like Full Tilt, that skill far more
rare than you might think. Listen, if 75% of online players lose money,
then not many of them know how to manage a poker bankroll. Itès not
like the information isnèt out there either because it is.
So
many players though end up playing above their skill level and even
worse, above their bankroll that inevitably, these are the players that
end up in that 75% cluster of money losing fish. Yes you are
essentially a fish by playing above your bankroll. Chris Ferguson
didn’t build his bankroll with magnificent bluffing, power all-in
betting, and underground intimidation tactics. Are you kidding me? Have
you ever played in the $1 sit and go tournaments? Strategies like
that are sure-fire ways to be searching for reload bonuses.
Chris Jesus Ferguson
merely used fundamental poker skills to win as much as he could, but
more importantly executed exceptional bankroll management with a strict
set of rules that determined what his games of choice would be, and how
far he would go in a hand or drawing situaiton.
Bankroll
management is then, utterly important to your success online, and now
there are software choices to help you keep track of that very aspect
of your game. Personal Poker Pal is the latest in this market that with
a variety of graphs, reports, and analysis tools can help keep your
game moving up and build your bankroll the very best way – using OPM or
other people’s money.
What a poker bankroll calculator
can do for you is keep your skill set evenly matched with your
bankroll. As your knowledge and understanding of the game improves, so
then are you rewarded in your bankroll. It’s simple math really. If you
jump too far up, you are penalized (eventually) for playing above your head and you take a hit.
However
it is impossible to be consistently successful in the modern game
without a detailed analysis of performance, highlighting the reasons
for success or failure either in particular hands or over a session,
with the aim of improving future results. There are many software tools
on the market to assist the poker player, but at a price many players
are unable (or unwilling) to pay.
You manage money everywhere else in your life don’t you? Unless you are
just out having fun and you really don’t care about how much you spend
on entertaining yourself playing online poker, then you need to start
managing your poker bankroll, just like the pros.