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These folks tried to quickly build a bankroll by gambling. They'd play in a game that was beyond their bankroll and, if they happened to win, they'd move up to a higher limit and risk it all one more time.
Inevitably, they'd lose a few big hands and go broke. For me, this experiment isn't about the money. It's about showing how, with proper bankroll management , you can start from nothing and move up to the point where you're playing in some pretty big games.
If at any time during a No-Limit or Pot-Limit cash-game session the money on the table represents more than 10 percent of my total bankroll , I must leave the game when the blinds reach me.
I think a lot of players would do well to apply these rules. One great benefit from this approach to bankroll management is that it ensures you'll be playing in games you can afford.
You'll never play for very long in a game that's over your head because, when you're losing, you'll have no choice but to drop down to a smaller game.
You can continue to sharpen your game at that lower limit until your bankroll allows you to move up and take another shot. These rules also prevent you from being completely decimated by a bad run of cards.
Dropping down and playing lower limits is difficult for a lot of players. They view it as a failure and their egos get in the way.
Many want to remain at the level they'd been playing and win back their losses. But this can lead to some pretty severe tilt - and that can go through a bankroll in a hurry.
That was tough. But I had the discipline to stick to my rules, and that motivated me to play better at the lower levels. I really didn't want to lose any more because I knew the consequences: I'd have to play even lower and work even harder to get back to where I'd been, which could take as long as a month.
If you ever find yourself bored or frustrated playing at the lower limits, you're obviously not playing well. Take a break from the game.
Often, stepping away can give you a fresh perspective and heightened motivation to play well when you return. There are a couple of more tips I'd like to share regarding bankroll management.
First, you should never play in a game that is beyond your bankroll simply because the game seems to be soft that day.
It's never soft enough to risk money that puts your bankroll in jeopardy. The other point is that you should avoid playing in games that are at the top of your bankroll limits, when a lower game offers more opportunity for profit.
These rules are sure to help you as well, as you pursue your own poker ambitions. So, if you want to start your own quest - or play against me while I'm continuing with mine - come open a free account at Full Tilt Poker and look for me online.
But hurry, because I'm hoping I won't be in the lower limits for too much longer. By Chris Ferguson. Posted by Miguel at PM No comments:.
The Turn is where decisions become more complicated, is where more doubts a player may suffer so learning how to play after it is the key to master Poker.
I've read this article that Daniel Negreanu wrote and I felt like it was as simple as useful for new poker players although I find it useful myself too The Turn By Daniel Negreanu In any form of hold'em, it is my opinion that the turn is the most difficult and most crucial street to play.
Learning which hands to play before the flop can be learned, and simple rules can be used to play relatively well on the flop. The turn, though, is what separates the great players from the average players.
It's the meat of the hand. Of course, river play is important, as well: knowing when to value bet, save a bet, try to pick off a bluff, or attempt a bluff yourself.
But by the time you get to the river, the pot's usually so big that it's correct to call with any hand you think has a reasonable chance of winning.
Calling on the river can never be all that bad. It's the turn then, that is the trickiest to play. In limit hold'em, the bet doubles, adding even more importance to fourth street.
In pot-limit, preflop and flop action affect the size of the bet allowed, so you may have to face a very large bet on the turn, and possibly again on the river.
This is not true in no-limit, as the maximum bet is equal on all streets; however, that doesn't mean that turn play isn't crucial in that game, as well.
In no-limit tournaments, though, I think you'll find that the most crucial street is preflop. By the turn, you should have enough information about your opponents' hands to narrow down their holdings some.
After factoring in their preflop action, their play on the flop, and the texture of the board, the turn is the street where you'll need to make the key decision as to what your opponents are holding.
Here is a simple example of a common, difficult turn decision in limit hold'em: A player raises from first position preflop, and you make it three bets from middle position with Q-Q, and take the flop heads up.
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