Hey everyone, I’ve been playing online poker for a while now, but I feel like I’m constantly losing track of my bankroll. One day, I’m up, and the next, I’m back to zero because I didn’t stick to limits or maybe just got carried away. How do you all manage your poker bankroll effectively? Do you follow a set percentage for stakes, or do you have some other strategy that helps you avoid going broke? I’d love to hear how others handle this because I really need to improve!
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That’s such an important topic, and it’s great that you’re asking about it because managing your bankroll can make or break your poker experience. Personally, I follow a pretty strict approach: I never put more than 5% of my total bankroll into a single game, no matter how confident I feel. It keeps things balanced and reduces the emotional stress when variance hits. I also recommend checking out https://cardmates.co.uk/. They have an excellent guide on bankroll management, breaking down strategies for players at all levels. One thing I found super helpful from their advice was creating a separate "fun money" fund. This way, if I want to take a bigger risk or try a higher-stakes game, it doesn’t mess with my core bankroll. They also emphasize tracking your wins and losses carefully, which I started doing after reading their tips. It’s surprising how much it helps to have a clear picture of your spending habits.