Classic Online Poker Mistakes
Classic Online Poker Mistakes
Classic Online Poker Mistakes
Many people make the classic mistake of setting aside their gambling money with the conviction that it's already gone, dead, clone, lost, and therefore it means nothing. Wrong! This is a defeatist attitude. Thinking like this will result in two inevitable occurrences. First, since you have already convinced yourself that you are a loser, that you. will lose, and therefore this money is already lost, you will gamble recklessly, without thought or regard to the value of the money, or the consequences of your actions. As a result, you will lose, and this will reinforce your conviction that "Ah, well, it was already lost. I knew it." Second, you will not play knowledgeably, and certainly not in concert with these Keys to Winning. So, again, you will lose. When you do, this becomes yet another reinforcement of your initial starting attitude. "So," you now say to yourself, and quite possibly to anyone who will listen, "it was only gambling money. I knew I was gonna lose it, so what? It was my 'mad' money, anyway. Ah, well. Maybe next time." You have now thoroughly convinced yourself that you are a loser, and justified your initial defeatist attitude by making sure that you lost. This kind of an attitude has no place in life, and certainly none in gambling.
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Your bankroll is your lifeline. It is essential. It should be treated valuably, and protected, and handled with care. In addition, it must be sufficient to carry the weight of your action. Many people play and use a bankroll that is far smaller than what is required to even start any kind of play on even the lowest-of.the-low cybergames. Not only that, these people take that meager bankroll and go for the big, expensive games. They start with the $1 and $5 limits, or even higher. That's like going to the top of a bungee jump, unhooking yourself from the bungee cord and instead tying a short shoelace to the tower, then smiling at the people around you as you jump off to inevitable doom. As silly as this sounds, many people are guilty of this! Not only once; these people do this again and again. It becomes a self-defeating cycle for them, and they wonder why they "never seem to have enough" to win. Another catchphrase of the perennial loser. Don't be like that. If you play cybergames, have enough money available so that your starting bankroll is at least sufficient to support your action, or intended action. Like the bungee cord, don't jump off if your action is designed for $200 dollars, and all you have is a $100 lifeline.
The amount of your bankroll ought to be determined by several factors. First, it depends on what this money means to you at that time. If this money is truly unencumbered, then you will feel a lot better about making it a true bankroll. If this money is not completely unencumbered, such as when a portion of it should be used for something else, but that something else is not one of the essentials to survival, then maybe you will not handle the bankroll as well, or it may not be big enough. As a general rule, a gambling bankroll should be made up only of money that is entirely unencumbered, and no part of it is needed, or could even be considered as being needed, for something else you want to do, or to have. Unencumbered money is free, and not scared. Encumbered money will always be scared money, and in gambling, scared money will fly away quickly. Playing with scared money means you are afraid to lose it. This doesn't mean that you have adopted the defeatist attitude we have discussed earlier. This simply means that you have allocated at least some part of your bankroll either as an inadequate amount, or being encumbered upon something else, maybe borrowed from a credit card, which means you will have to pay it back, and probably at great stress to you or your family. This is a very bad way to start your bankroll. Always start with free money--money that will become a solid gambling stake and not frightened at the prospect of being lost.
Second, the amount of your bankroll should be determined by the kind of cybergames you intend to play. If youwant to play $1 limits, your bankroll should reflect that action. If you want to play higher limits than that, your bankroll should certainly be equally higher. If you plan to play $5 limits, or multi-hand games taking from 15 to 500 credits per hand or event, then your bankroll should adjust to that. In addition, whatever your action, or intended action,.your bankroll should be adequate to withstand fluctuations, not only in your fortunes as you play, but also in your decisions concerning thekinds of games you will play. For example, you may have decided to play quarter cybergames onthis occasion, and allocated your bankroll for that action. But when you log on to the cybercasino, you discover that the kinds of games you wanted to play are either unavailable, or no longer there, or their rules of play or paybacks were changed or altered. Now what? Your bankroll should have a "slush" factor, allowing it to withstand the necessity for on-the-spot decisions. What if you see another kind of game, perhaps something you have read about here, and decide to play that instead? Your bankroll should be adaptable to such deviations from your initial starting strategy and your perception of what your action will be.
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