With everything it takes to be a good poker player, one of the last things that’s running through your head when you start playing is a cashout strategy. After all, it’s much more important to ensure that you’re actually making money before wasting time figuring out how much you should take out vs. the amount you should leave in to fund your bankroll. But as you become a solid online poker player, it’s definitely worth defining a plan on how to divvy up winnings.
This concept becomes a lot more crucial when you’re winning money, and using this cash to pay bills and other important things. On one side of the fence, you can’t short yourself and the obligations you need to live up to such as paying rent, car payments and buying groceries. But you also have to keep your bankroll up so that you can continue to generate future online poker money.
A good rule of thumb when making this decision is to reinvest 60% of winnings into your bankroll, while cashing the other 40% out. Obviously there are other considerations to think about depending on each individual, and this is only a generic number to go off of. For example, if you play $25/$50 NLHE and win $20k throughout the month, you can afford to keep 75% or more of this money in your bankroll. However, if you play $3/$6 NLHE and depend on $5k you made throughout the month to survive, then you might be better off cashing out 80% of the winnings.
Just keep in mind though that the more money you can reinvest in your bankroll, the more bad variance swings you’ll be able to survive, and the better chance you’ll have of moving up in limits later.





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