Walking Away with a Win

This is a discussion on Walking Away with a Win within the online poker forums, in the Learning Poker section; Little Tip for ya if interested : Even more important than winning money is to know how to hang on to it! Lured by the ...
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  #1
13th February 2009, 11:11 PM
checkoutcardschat
 
Online Poker at: Bodog
Game: holdem, 08
Walking Away with a Win

Little Tip for ya if interested :

Even more important than winning money is to know how to hang on to it! Lured by the idea of winning even more money at poker, most players eventually end up by losing it all. Thus, a vital feature of poker involves proper management of your money. During a poker game, a successful, professional player should know precisely when to continue and when to stop by carefully analyzing his budget and the progression of that particular game. For instance, if you are satisfied with your overall winnings during a poker game, you shouldn’t rush in to make very high bids, as you can easily lose all your earnings! Regardless of how “lucky” you may feel, always think twice before throwing in all your winnings at a single poker game. When you feel content with your winnings accumulated during a poker game, you should either make smaller bids or even completely withdraw from the game in order to make sure that you will walk away with your earnings.
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  #2
14th February 2009, 7:17 PM
mfturq
 
Poker at: pokerstars
Game: holdem
If you are a cheat you can just go south
  #3
15th February 2009, 4:15 AM
ryanjg87
 
Online Poker at: pacific
Game: holdem
I gamble professionally on football for a living and the exact same principle applies there: you can pick winners all day long but will end up losing if you do not have money-management as part of your game plan, because will have losing skids and bad luck just as you would in poker.
  #4
16th February 2009, 11:41 AM
jumping jack flash
 
Poker at: party poker
Game: omaha PL
gambling proffessionally in whatever area you choose seems to be a question of discipline ,which is in stark contrast to the reason people are attracted the life of pro gambling which they feel is an easy way to make a living doing what they like ,and no downsides. the saying "a hard way to make an easy living " is never more apt.money management and a healthy dose of realism are prerequisites if you want to break away from the 9to5 life .i have often sat down in a game or even started my days betting on the horses and done well in the first hour ,well enough to say "thats it for the day " if i carried on i more than likely would lose most of it.(or win more! but thats the undisciplined me ) getting out while the goings good is a good thing in gambling in general imo!!
  #5
16th February 2009, 4:10 PM
checkoutcardschat
 
Online Poker at: Bodog
Game: holdem, 08
Folks I did not write this article but got it from somewhere on the internet months ago (wish I could remember where). I just wanted to clarify. article was posted for information purposes only and to help out my fellow beginners with tilting problems (like me ). Good luck to all.
  #6
17th February 2009, 3:07 AM
ryanjg87
 
Poker at: pacific
Game: holdem
re: Walking Away with a Win poker

Well, thanks for posting the article checkoutcardschat!, and well said jjf!
  #7
17th February 2009, 6:12 PM
Four Dogs
 
Online Poker at: Full Tilt
Nice article COCC, and thanks for the follow up. Always nice to give credit where it's due. :-)
 

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