Tuesday, December 8, 2009

Tilt Control

Tilt is when a poker player allows their emotions to cloud their decisions at the poker table. Tilt is usually brought on by a bad beats and can dramatically cut into your profits. Keeping tilt under control is vital for all poker players to increase profits. Over the years I have had a lot of problems with tilt, but with a few strategies have been able to better keep it under control and found ways to decrease the consequences of tilt on my bankroll.

Stop Loss

Setting a stop loss is very effective in combating tilt. Every player has a different tolerance for losses. What has always worked for me is if I lose more then 4 buy-ins I will quit regardless of how I feel I am playing. I found that for me after 4 buy-ins my decisions start to be more about the money rather then making the correct poker decision for that situation. Regardless of where you set your limit, the secret is to stick to it. Only you can know when you are starting to be influenced by how much money you have lost.

Dealing with Bad Beats

One bad beat can send people over the edge, starting a series of emotional plays that cause you to spew money to everyone at the table. If you are the type of person that is affected by bad beats it is best to come up with ways to calm down before heading back to the tables. This may be simply walking away from poker for a few hours or even for the day. Do something else to get it off your mind, then return to the tables when you are thinking clearly and capable of making correct poker decision.

Many people find listening to music can help them avoid tilt when playing. Find the music that works best for keeping you relaxed and try listening to it when at the tables.

Bankroll Management

This may not seem as obvious to many players, but making sure you are properly rolled for the stakes you are playing can have a huge impact on tilt control. If you lose more money then your bankroll can take it will begin to affect your decisions. Losing $200 when you only have $500 can have a much bigger impact then if your bankroll is $10,000. Bankroll management is a much larger topic then can be covered in this article. I would highly recommend reading more about bankroll management.

Bank Your Winnings

A topic that is far less discussed is the concept of “reverse” tilt. Many players will begin to play differently during a large winning session. For different people this can be cause by several reasons. Some people begin to think luck is on their side and start chasing draws when they don’t have the odds or feeling every bluff will work regardless of the situation. For others they begin to play more conservatively in order to protect their winnings. Whatever the case is for you, if you find you are not making correct decisions it may be time to take a break.

One thing to always remember with tilt control is that you can only control the way you play. If you continue to make correct decisions every time, regardless of the outcome, you will be a winning player in the long run. With time you will learn to deal with bad beats and big losses, which will have a dramatic affect on your bankroll.

Sunday, December 6, 2009

Build Your Bankroll

Everyone has high hopes of winning big money playing online poker. In order to do so you'll need to build your bankroll to get into the bigger games. Building your bankroll can be a lot easier then you may think. Even by playing break even poker you can make good money if you follow a few strategies.

Poker Bonuses


The first way to quickly build your bankroll is to play on sites that offer bonuses. All the major sites offers great deposit bonuses, in some cases up to $2,500. It is possible to make thousands of dollars simply by going from room to room clearing the deposit bonus. When you first start out and are playing at lower limits this is a great way to quickly build up your roll. For exclusive bonuses and bonus information check out Bonus-Hunting.com.

Rakeback

Poker sites make money by taking a percentage of each pot played, this is called the rake. If you sign up to poker sites through affiliates you can get up to 40% of your rake back. This can quickly add up to $100s that is deposited directly into your poker account every week. For many players the amount of rakeback they collect each week could be higher then their actual poker winnings.

Multi-table

Multi-tabling is a great way to build your bankroll quickly. Playing more hands per hour will allow your hourly earnings to increase, make clearing bonuses quicker, and lead to more rakeback. The trick with multi-tabling is to start playing two tables until you feel comfortable then slowly keep adding tables until you get to the point where you can play enough tables and still be able to focus on what you are doing. Almost all lower to mid stakes poker players will play at least 4 tables. Work on mulit-tabling and watch your bankroll grow.

Bankroll Management

It is always a good idea to play at stakes you feel comfortable at and are bankrolled for. There can be big swings in poker, you need to make sure your bankroll can handle the downswings when they come. A general rule of thumb is to make sure you have between 20 to 30 buy-ins depending on the game you are playing. If you are playing No Limit Hold'em with a $100 buy-in, you would need a bankroll of $2000 to $3000. As your bankroll grows you can move up stakes staying between 20 to 30 buy-ins. If your bankroll drops, move down stakes to build it back up. If you follow this strategy you can safely build your bankroll moving up stakes without the risk of going broke.

Table Selection

Table selection becomes increasingly more important as you move up stakes and find tougher competition. Always being looking for tables with loose players. These types of players are much easier to win money off. Almost every poker site as table information in the main lobby. Look for tables with see flop percentage of at least 30% with an average pot size of 10 big blinds minimum.

Follow these bankroll building tips and in no time you should be climbing up the stakes watching your bankroll grow.