Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

Money Management, Why You Need to Manage Your Bankroll


You should only play games that your bankroll will allow. If you have 200 dollars to play with for a month you don't want to lose it all in the first week playing a 5-10 no-limit game. The average pot in these games would be about the size of your bankroll. You should play lower limit games that match your bankroll.

Minimize your losses. I have seen players loose a big hand, go on tilt and loose their whole bankroll in one night. If you ever get angry because of a bad beat or loose a lot of money quickly you should take a break. A lot of mental energy will be used up worrying about your bad luck, this will effect your game in a negative way. I recommend going for a walk or even quit playing for the day. There will always be another game tomorrow.

Protect your bankroll. Not every player needs a bankroll. If you only play on occasion with extra money you probably don't need to worry about this. But if you are a player who wants to make a good income from poker your bankroll is an asset. Lets say you start with a bankroll of 500 dollars at a poker site. Now after a week of winning you are up to 2000 in your account. You take out 1500 and go buy a new TV. That is fine but if you get on a bad streak you can easily loose the 500 you still have. Then you will have no bankroll and wont be able to play. This happens to a lot of good player, and if they cant play they cant win anymore. This can put an end to your poker profits.

So just remember that poker is a game of swings. You can win a lot but you can also get on a bad luck streak and lose a lot. Just watch your bankroll, manage your money, and always leave yourself outs.

------Suggestion-------

Remember to think about your bankroll before each time you play. Think about what will happen if you loose all your money in your account. Will you want to deposit more money you cant afford to lose? Are the stakes of the game so high it you loose a big hand you will be out of chips? Just think before you start to play about the worst case scenario and you should have less bankroll problems.

- FREE "Winning Online Texas Holdem Poker" e-book!

http://www.pokersecretsschool.com Just join the FREE Poker School and learn to play like a pro!


MORE RESOURCES:

Casino gambling is a bad bet for Alabama: opinion
AL.com
Politicians in Montgomery who believe an expansion of gambling is a way to collect needed funds to run state government are either uninformed or are misleading voters. They might begin doing their homework by reading an article in The Atlantic - "A ...

and more »


CardPlayer.com

Casino gambling issue is back on table in NH for 2015
Concord Monitor
Casino gambling nearly gained enough momentum to pass the House during Democratic Gov. Maggie Hassan's first term, and its supporters are optimistic heading into the new session. But competing priorities over how to spend the money could once again ...
New Hampshire To Once Again Look At Casino GamblingCardPlayer.com
NH casino gambling issue back on table for 2015GamingTodaySlotsToday

all 38 news articles »


Kentucky gubernatorial candidate supports casino gambling
Daily Racing Form
LEXINGTON, Ky. – A Republican candidate for this year's gubernatorial election in Kentucky formally entered the race Tuesday with a promise to push for the legalization of casino gambling in the state. Will T. Scott, a former Kentucky Supreme Court ...



Tristatehomepage.com

Indiana Bill Aims to Expand Casino Gambling
Tristatehomepage.com
You've probably heard of efforts to allow land based casinos in Indiana. Now, one lawmaker wants to put casinos anywhere in the state. Representative Todd Huston of Fishers filed the bill earlier this week. If it passes, it would remove restrictions on ...

and more »


VIP baccarat accounts for 60 pct of casino gambling in Macau in 2014
Macauhub
VIP baccarat, a high roller gambling game, in 2014 provided gross revenues of 212.535 billion patacas (US$26.567 billion), according to official figures published in Macau. This game also accounted for 60 percent of total gross revenue earned by the ...



Las Vegas Blog (blog)

Casino gambling continues to grow in Arkansas
Las Vegas Blog (blog)
click to enlarge GONE TO THE DOGS: Casino gambling is the tail in that wags Southland Park, once strictly a greyhound race track. Talk Business rounded up the 2014 totals on casino gambling at Southland Park in West Memphis and Oaklawn Park in Hot ...

and more »


euronews

Casino gambling revenue in Macau falls 2.6 percent in 2014
Macauhub
Gross gaming and gambling revenues in Macau fell by 2.6% in 2014 to 351.521 billion patacas (US$43.94 billion), the first downturn since liberalisation, the region's Gaming Inspection and Coordination Bureau (DICJ) said. In 2013 gross casino gaming ...
Macau Prospects Unpredictable as Coin Toss as Views ClashBloomberg
UPDATE 3-Macau annual gambling revenue falls for first time since casino ...Reuters
Macau's gambling revenue hit with first annual fallBBC News
Investor's Business Daily -Las Vegas Review-Journal
all 179 news articles »


abc40

5 groups vying for Massachusetts' final casino license
The San Luis Obispo Tribune
The southeast region faces a number of challenges for casino gambling, including a relatively weak economy and competition from area casinos. Twin River Casino is just over the state line in Lincoln, Rhode Island, and the Mashpee Wampanoags are ...
Four groups seek more time to apply for Southeast Massachusetts casino licenseThe Providence Journal

all 32 news articles »


The Providence Journal

Mass. could see 5 applicants for southeastern region casino license
The Providence Journal
The Massachusetts Gaming Commission announced Friday that three groups seeking a casino gambling license for the southeastern part of the commonwealth have asked for more time to file their applications. Two other groups interested in the license ...



Marijuana proposal could leave Dispatch, others in the dust
Athens NEWS
The Dispatch's indictment of the proposal (which I'm withholding judgment on) provoked memories of the aggressive campaign that the Columbus daily and other big Ohio newspapers, along with the state's political leaders, waged against a casino gambling ...

and more »

Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright 2006 Luminati Inc. All rights reserved.