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Online Poker
How do you deal with variance in online poker?
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[QUOTE="fundiver199, post: 6680984, member: 397965"] Bankroll / budget management and game selection is key in dealing with variance. If you buy into a tournament for 10% of your bankroll / balance in poker account, it should come as no surprice, that you will often need to reload your account or take a break, until you can make the next deposit. But there is also a mental side, which is not much discussed in this thread, and which we might call tilt management. Most people tend to play worse, when they are losing, so its a good idea to take a break, if we lose several tournaments in a row or reach some predefined stop-loss limit for the session in cash games. The tricky part is, it can be difficult to recognize, when we are on tilt in a somewhat mild form. And it can also last for extended periods of time, if we are, in what some people call a "downswing". So to some degree maybe we just need to accept, that for most of us poker is more fun, and we also tend to play better, when things have been going our way recently, and the bankroll / balance in poker account sits near its all-time high. So for most people this will be the best time to take some "shots" and try to move up. Which also fall in line with good general bankroll management. [/QUOTE]
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