|
"
""Funds, in the context of poker, refer to money set aside by a player that can withstand losses and is separated from their household finances. This ensures that even if mistakes are made, it doesn't affect the overall financial situation at home. Poker inherently comes with volatility, and the likelihood of winning or losing a significant amount in just 3 - 4 hours of play is quite high. This is particularly true for online poker, where the pace of the game is very fast.
So, as a beginner, to get a feel for the game and minimize your losses, try starting with extremely low limits. Most new players often underestimate the amount of funds required to play for an extended period at a specific limit table.
Fund and money management are equally important for experienced players. Many experienced players cannot handle the financial consequences of losing all their money not just once in their lifetime. A common mistake is prematurely moving up in limits. They play at a limit for a few weeks, break even or make a small profit, and then jump to higher limits with their entire bankroll. This approach typically leads to players going broke.
There are several reasons for this. Firstly, you're putting too much pressure on your limited funds, and at higher levels, you not only need to employ different game logic/styles to be profitable but also compete with players who are likely significantly better than you. Additionally, you run the risk of playing passively at higher limits, as many players get scared and cannot handle losses when they are not yet proficient. Try to avoid this behavior at all costs. Ideally, you should play at a limit where you're doing well or at least not losing too much for at least 200 hours. If you decide to try higher limits, only do so with a smaller test bankroll for a short period, and if you don't perform well, abandon your attempt.
Fortunately, only a small percentage of players are professionals; most play poker for fun. If you're not 100% focused on winning and primarily play for enjoyment, you fall into the category of the 95% of recreational players. Don't ruin your hobby by playing too high, even though there are fast ways to break even or win.
By studying some basic skills and practicing at low limit tables, you have a good chance of becoming a winning player. The reason is that most other players are not really playing to make money. Playing a bit tighter and more aggressively, you're likely to outperform many of your opponents. There are many books written for beginners that can be helpful in organizing your poker play.""" |
|