Thousands of video poker players are losing piles of cash this very second.  Why is money flying out of these players’ wallets?  Terrible bankroll management.

Video Poker Bankroll Management

Ready to stop bleeding money and keep your winnings in your wallet?  Follow these simple tips for bankroll management success!

  • Use Bonus Codes– While obvious to many, there are still a huge number of players that still don’t take advantage of this free stream of cash.  The math is simple: if you start with $200 instead of $100, you’re more likely to leave the machine with more money in the end.  Check out all of the Silver Oak Casino bonus codes here.
  • Make A Plan– As with most things in life, you’re more likely to be successful playing video poker if you play with a plan.  Making a plan is simple.  Write down how much money you will start with, what your profit goal is for the video poker session is, and what your maximum allowable loss is.  And here’s the most important part: FOLLOW YOUR PLAN!  If you make your profit goal for the video poker session, stop playing.  If you reach your maximum allowable loss, stop playing.  Follow this rule and you will never play too long.
  • Take Breaks- Again, this may seem obvious to some, but is extremely important to video poker success.  Unlike most slot machines, being successful at video poker requires that you follow a strategy and you keep your mind sharp.  Humans can only stare at a video poker screen for so long until they go braindead.  PLAN your breaks and stick to it.  Not only does this keep your head clear, but it makes you video poker bankroll last longer as well!  Get some fresh air or grab a snack, but always take a break!
  • Keep a Video Poker Journal- If you ever see me playing online video poker you will see a keyboard, mouse, and a pad of paper with a pen. I always keep a journal of my winnings and losses of each hand when I play video poker.  This helps me stick to my plan (see above) and also allows me to look back on my runs to see if I’ve been on a hot streak, cold streak, or if the game has been pretty flat.  If I have been on a long hot streak that is cooling off, it is usually time to call it quits and save my winnings for the next round.

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What other tactics do you use to manage your video poker bankroll? Let me know in the comment section below!

If you found this article helpful, you may also like: video poker winning decisions, how to double your video poker winnings, video poker myths, using video poker bonus codes, and winning with common video poker hands.

Jeff White

Jeff has been an active gambler from the age of 18 when he won a small local poker tournament in San Jose, CA. He moved on to playing other casino games shortly thereafter, with a great interest in the statistics and mathematics involved. He has studied the historical gambling systems of nearly every popular casino game played today, and has written strategy books for several of them including blackjack, slot machines, craps, and roulette. Jeff has been a daily contributor to the Silver Oak Casino blog since the beginning of 2009.