Playing a skill game like poker is fun and rewarding at the same time. Though poker is entertaining but it is profitable only if you play it proficiently. Poker players usually make inappropriate decisions while managing their bankroll which can result in diminishing returns.
Playing at High Limits
Playing high stake games in poker require a lot of experience and strong bankroll back-up because when you play at higher limits, you are risking a huge part of your bankroll. This is the most common mistake made by players, amateurs and intermediate, with an intention of making big money. Do you know as you move up the stack, the players also get better? And if you do not have enough money, you will be a fish among the sharks. Hence, always remember that playing as per your skill level is key to bankroll management. So, choose your game thoughtfully.
Playing Too Many Hands
Playing online poker is engaging but at time poker players do experience boredom if hole cards do not fall in their favor. In other words, players start playing each and every hand if their poker session has been card dead for a long time. Such an action basically results in downsizing of your chip stack instead of increasing bankroll. Whether you choose to play Texas Hold’em or Omaha, you only get to play 16% hands. Thus, what you need to decide in such a situation is to either play few playable hands or play all the hands to overcome your boredom. The perfect solution seems here is to either sit back and relax or play multi-table games or play high-action version of poker like PokerStars Zoom, Adda52 Sprint, etc.
If you keep on switching from Texas Hold’em to Omaha to Texas Hold’em, you would end up an incompetent poker player who is jack of all trades, master of none. Switching from one game variant to another affects your ability to master the specific game. Likewise, you should not keep on switching from cash games to poker tournaments to cash games as it results in disparity in your bankroll management.
Don’t Overlook Your Balance
It is always advisable to not overlook your bankroll because making money in poker is a slow grind and losing money is a quick drop. For instance, you feel good when your balance is increasing but one bad beat can bring your balance to a very low amount. At that very moment, checking that small amount in the bankroll will make you dishearten. Hence, avoid micro-managing your poker bankroll as you play poker with chips, not money.
Don’t Play on Tilt
Tilt can make hard hit any player, amateur or expert, thereby driving them into madness of nonsensical bets, raises, and calls. The reason for tilt can be personal like family insecurity or can be poker related like bad beat. The degree of tilt usually vary a lot, some players overcome it easily but for some it is impossible to control tilt. So, while playing poker, if you anytime face a tilt, either mask it and continue playing the game calmly or get up and do something else as poker will be there when you return.