The first thing you need to do in managing your bankroll is decide what kind of poker player you are. Are you a professional, an aspiring professional, or a casual player who will not be playing in high stakes games? Once you have made this decision you can decide on the best method of managing your bankroll.

Money for Poker

No matter what type of player you have decided you are, you should set aside money that is used specifically for playing poker. To decide how much money you can afford for playing poker, you should look at your incomings and outgoings, and then look at what you have left and how much of that you would like to spend on poker. By doing this you will be sure that you can play without worrying about losing more money than you can afford.

Winnings

When you win you can either put your winnings back into your bankroll, or take it out and use it for other things.

Free Bets

Use online casinos that offer a certain number of free bets or free bets to a certain value when you first sign up. This way you’ll save money.