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Prevent Liquidation - How to Save Your Poker Bankroll
Prevent Liquidation - How to Save Your Poker Bankroll
At the dawn of the 20th century, poker has gained popularity from the simplest of people (especially men) to a wider class particularly those that belong in the upper social strata. Poker is another type of card game that by and large involves placing bets. High bets make the game far more fascinating and exciting that is why the most powerful are enticed to play. There are many addicting card games that differ from the extremely simple game rules to very complex ones.
Of poker and liquidation
Overwhelming bets beyond a poker player's capacity is the culprit behind "poker brokenness". That's why poker is also known as the rich man's game. Occasionally players tend to go beyond their monetary capacity when placing bets during poker games. They say the amount of bet and the total amount of time exhausted in games is quite reflective to the player's level of addictiveness.
Players should also develop self-control and discipline more than ever if they have personal careers that they want to ascertain. Jobs and family normally suffer from poker obsession. Addicted players tend to spend more time and money on poker games as compared to the time they spent on their day job and with their families.
Any person can be hooked in this game even celebrities. These celebrities include Tobey Maguire, Ben Affleck, Shannon Elizabeth and even the Olympic Gold Medalist Michael Phelps. Some of these poker players have turned into professional poker players and some of them play poker just for fun. On the other hand, Robbie Williams, a popular British artist has been reported to be seriously addicted to pokers. Reports of him starting to go broke is yet to surface.
Handling your money well - Bankroll management system
Argument is still sparking everywhere whether a maximum rate should be put in a given level in a poker game to avoid liquidation or getting broke. In some game houses, a ceiling cap was placed for betting players that they commonly ignore. A contingency fund is necessary to solve short term fluctuations, so make sure that you have it especially if you choose to play poker for a living.
Poker has been broadcasted on television to be able to bring you riches. Nevertheless, you are only one of the eight to ten people who are statistically going to win anything. Most often than not, players yield to great losses.
Bankroll is referred to the amount of money that a poker player is afford to lose. It is the total amount of money that is allotted and used for playing poker. Not to be imprisoned by greed and careful bankroll management is the foundation of becoming a lucrative poker player. Yes, you may possibly have the skills but with a bad bankroll management, you'll end up bankrupt.
Here are effective tips and disciplines that you can use when managing your bank roll :
1. Set parameters when playing poker. Once you have reached your limit, take a well-deserved break. It is likely that when you stopped playing, the urge to play again and trespass your limit is greater and a harder habit to break. What you can do is to involve yourself in other activities such as eating, watching TV and the likes.
2. Prioritize and don't play during work hours. Your job feeds your family and secures your future. This should be a priority.
3. Don't vent out your feelings to playing poker as you will probably and definitely be overwhelmed to spend longer hours and placing higher debts. Emotions make you defenseless that will lead to serious habits and dependency to poker.
4. Don't play or bet beyond your monetary capacities or borders.
Poker games has considerably developed from real life playing fields to virtual online games. Whichever type of poker you want to play, make sure you remember your families' future before placing any bet. Make conscientious decisions and ensure you be in charge of poker not the other way around.