The Number One Thing You Can Do To Eliminate Poker Bankroll Mistakes
The one question you must ask is "how do I not get in this situation". The answer is very simple, but hard to apply. You must show some sort of willpower. You must be patient.
Cards generally run in streaks (lucky and unlucky). The unlucky runs are what we are concerned about. Sometimes during these unlucky runs my neighbors have called the cops thinking someone had to be committing some horrendous crime by the way I was screaming. I have a box full of mouses to replace the ones I sail into the wall.
It is during these times that you must have your bankroll in tact. The number one rule is: do not play in a no limit game with less than 20 buy-ins---preferably 40 buy-ins. If you are playing a $50 buy in no limit game online, you realistically should have a minimum of $1000 (20 x $50) in your account. If you don't have that amount----play a lesser limit.
In online play, you can play limits from.01/.02($2.00 buy-in) to $5000/$10000($100,000 buy-in) and more. Let your bankroll dictate where you fit in and don't make the poker mistake of thinking this doesn't apply to you. Many poker players get the "I'm a natural or I'm great" attitude. The cards are just setting you up--"so beware. You're fixin to take a big fall, probably sooner than you think and your neighbors are going to be calling 911.
Nobody is exempt from a bad run. Mathematics control this. It is so much fun to flop a full boat and have your opponent catch his flush. This sort of thing gives you an air of superiority. Maybe the poker gods do love me. Don't count on it. Just around the corner the same hand will occur except your on the flush end.
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