The Dangers of Bankroll Micromanagement
No one likes a micromanager. This goes for real life as well as life at the online poker table, but for now we will stick to explaining the deadly dangers of bankroll micromanagement. It may seem like a good idea at first glance to check your online poker bankroll every chance you get. After all, we have been told since the early days when we first picked up a deck of cards that bankroll management is the key to success. This maxim holds as true today as it did in the days of yore, but needs some qualification for new technology. When the principles of bankroll management were first instilled in most poker players, computers were still a distant dream. Even more so was the internet. No one could envision the day when poker player could sit down at a computer to play poker and monitor their bankroll by the second. Watching a bankroll this closely is against everything we were originally taught. Most of use learned to total our bankroll at the hour or at the end of the day. Totally by the second tends to make poker online players feel over confident when they are one a five minute upsweep and more despondent when the numbers go down. They get sucked into the moment instead of seeing the big picture. Don’t be one of these bankroll micromanagers if you want to have a bankroll left at the end of the day.
