How to Manage Your Bankroll in Poker - Few Impotent Tip And Techniques

Money Management & Record Keeping

There is a cardinal rule in Poker - you win some, you lose some. No player can go unbeaten; at one point or another, everybody loses. The only thing that makes a difference is how much you win to cover your losses. If you are a new in poker and want to learn about Poker Game India and Bankroll Management then read this.

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You can bluff your way out or play big bets, but if you don’t know how to manage your Poker money, sooner or later, someone else will come and clean you out. Most pro-Poker players will tell you that a good system for Bankroll Management is critical to ensuring a profitable outcome over time in Poker.

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Bankroll Management is the most important of all the different ideas, game plans, strategies etc. that you can come up with in Poker. It’s less to do with playing the game and more about how you manage your money.

Bankroll Management is the amount you have in your Poker account, not your bank account! Never confuse the two.

Here are some pointers-

·         Smart people don’t bet, they invest! Know which stakes are appropriate for your level of skill

·         Know when to Quit! No one wants to lose, but it’s inevitable. Having a bad break can make people do crazy things in an effort to win back their losses

·         Before playing, decide on how much money you are willing to risk/lose

·         Don’t quit playing just because you have reached a stop-loss limit

·         Limit your losses to a reasonable amount. There’s always a tomorrow. If you are not playing at your best, cash out and go home!

·         Stop playing when you are under performing. If you keep on, you stand to lose all your money

There will be days when you lose even while having a good hand and nothing seems to be going right. In such days where Lady Luck gives you the cold shoulder, it’s best to quit. When you suffer a string of bad beats, cash out and live to play another day.

Whether you keep playing or cash out and return to the game tomorrow, your money is always up for grabs. Most Poker pundits agree that if the game is good and you are a favourite to win, you can continue playing. However, if the game is bad and you are not the favoured player - Quit!

One of the most effective ways of winning at poker is game selection. You need to know which stakes you are comfortable with and which stakes are appropriate for your level of skill.

Keeping Records of your wins and losses is also of paramount importance! Otherwise, how do you know if you're successful or not? For Pro-players, Poker is a profession, a business. And, just like any successful business, one has to keep records and track their inventory. Always know-

·         How much you cash in for?

·         How much you cash out with?

·         Your Win Rate (money won/lost divided by no. of hours played)

·         The number of hours spent at the table

·         How much you are losing at which stakes?

·         Where you make the most money?

·         Your mood affects your results?

·         Which variants are most profitable for you?

The next time you play Poker, use a notepad to keep track of your money; how much are you winning and how much are you losing, which games are you playing in etc. Do this diligently.

To win serious money playing poker, you must always be aware of the results you're achieving. Without accurate records, it becomes impossible for you to know how good a player you really are.

Learn Texas Holdem Poker

Now lets read about Texas Holdem Poker Game - If you are new in Texas Holdem Poker and want to learn texas holdem poker from beginning then you will find many online content for the same. Texas holdem poker game is one of the most popular game among poker players. This poker game is played with five cards. The best five cards hands win the game. 

If you love playing Poker Tournament then this is a right place where you can get more detail about Poker Online Tournament. 

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