06-25-04, LearnTexasHoldem:

Comfortable Bankroll

Question: ONCE AGAIN THANK YOU

YOUR SITE IS GREAT

YOUR OPINION

I CAME TO CONCLUSION THAT EWEN BEFORE PLAYING I NEED TO COME UP WITH FIRM DECISION HOW WHEN IS TIME TO LEAVE AND IT SHOWS THAT IS ONE OF HARD DECISIONS TO MAKE UNLESS IS LOGICLY PREPLANED IN YOUR OPINION

Top 3 Beginner Rooms

WITH WHAT BUDGET I SHOULD START PLAYING 20/40 LIMIT 50/100 LIMIT 75/150 LIMIT AND WHEN SHOULD I QUIT

IN CASE I AM IN LOSING MODE OR WHEN I AM IN WINNING MODE.

I WILL GREATLY APRICIATE YOUR ANSWER

Answer: Well for bankroll size on a 20/40, I like to have $10k. Now I wouldn't bring all of it with me when I go and play but unless you have that much you'll be fearing having a losing session. It is easy to drop a grand or two in a wild game at 20/40. If you play 50/100 then double that, and so on. I see people all the time playing in games their bankrolls can't handle. They sit down at a table with only one rack and then get hammered on two hands and they are out. You can't play winning poker if you are fearing losing a hand or two. I'm not saying you are doing that but it was an issue for me when I would move up in stakes.

As far as quitting goes, I think you should play as long as you feel like you have a chance at winning. If you are feeling beat up emotionally then it may be best to just call it a day and take a loss. If the game is good though then I would stay as long as you can. I'm not a huge believer in hourly rates. For people who haven't heard about that concept before I'll explain it.

Many professional poker players who play limit holdem consider their wins to be at an hourly rate and it being one long session. With that line of reasoning it doesn't matter if you have a big win or loss, it just depends on how much you play. They mock people who "leave when they are ahead" since a win doesn't matter it's just the time that does. I don't agree with that in the least. Games change and I change. There are great games that I can win much more in then in tight games. My "hourly rate" won't be the same. Also, leaving a winner for a few sessions in a row can do great things for both your confidence and bankroll. If I can win what I want in a day and then leave early it makes living with poker much easier.

For your situation I would first of all suggest an adequate bankroll. Next, think about the types of games you are usually in and then figure out what is going to win and what isn't. Are you getting value on your good hands? Is the game so wild that hands like AA and KK never hold up? Do you need to pay attention to position? Are people playing deceptively? Are you playing deceptively? Do you need to? Are the pots multi-way or usually heads up or three handed? When you lose how are you losing? Think about those things and it will definitely help. The best thing you can do in poker and life is to learn from the mistakes.

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