If you’re looking to improve your online poker game, one of the most important things you can do is learn how to manage your bankroll. Proper bankroll management is key to long-term success in poker, as it helps you avoid going broke during a downswing and allows you to take advantage of profitable opportunities when they arise.

So, how exactly do you manage your bankroll for online poker success? Here are some tips to get you started:

1. Set a budget: Before you even sit down to play, it’s important to set a budget for yourself. This will help you avoid overspending and ensure that you’re only playing with money you can afford to lose. As poker pro Daniel Negreanu says, “Bankroll management is crucial for long-term success in poker. You need to set limits for yourself and stick to them.”

2. Use proper buy-in levels: When choosing which games to play, make sure you’re selecting ones that are appropriate for your bankroll. As a rule of thumb, it’s recommended to have at least 20 buy-ins for cash games and 50 buy-ins for tournaments. This will help you weather the inevitable variance that comes with poker and give you a better chance of success in the long run.

3. Avoid going on tilt: One of the biggest bankroll killers in poker is going on tilt, or letting your emotions dictate your decisions. As poker legend Doyle Brunson once said, “The key to winning at poker is keeping your emotions in check. If you find yourself getting angry or frustrated, take a break and come back when you’re in a better mindset.”

4. Track your results: To effectively manage your bankroll, it’s important to track your results and analyze your performance over time. This will help you identify leaks in your game and make adjustments as needed. As poker coach Jonathan Little advises, “Keep detailed records of your sessions, including wins, losses, and key hands. This will give you valuable insight into your strengths and weaknesses as a player.”

5. Stay disciplined: Perhaps the most important aspect of bankroll management is staying disciplined. It can be tempting to take shots at higher stakes or chase losses, but it’s crucial to stick to your plan and avoid making reckless decisions. As poker author Ed Miller notes, “Successful poker players have the discipline to follow their bankroll management guidelines, even when it’s difficult.”

By following these tips and practicing good bankroll management, you can increase your chances of success in online poker and avoid the pitfalls that many players fall into. Remember, as poker pro Chris Ferguson famously said, “Bankroll management is the key to surviving in the long run. Treat your bankroll with respect, and it will take care of you.”