Tuesday, September 2, 2008

Poker Tips #2..A bet, call or fold is money, NOT Chips

2. Don't pretend that your some big time poker player unless you have the bankroll to back it up. The experts agree that you should start with at least 50 times the table limit.

OK, see my earlier post on money management. Play carefully, play like the money counts. There is an old saying about the man who made the most money for Las Vegas Casinos. It is not the guy who invented slot machines, nor the guy who created the $1.99 buffet. The guy who mad Vegas possible is the guy who invented chips. Never lose sight of the fact that you are playing for money, and NOT tokens. If I make $100 in a day, I can buy smoking supplies to entertain (not toke supplies, but ribs and sausage and drinks to entertain my friends) for a nite or take Mrs. Aces88ss out for a date or splurge on a complete set of West Wing DVDs (Bootleg or used, but still every episode). If I lose $100 in a day, not only can I not do any of those fun things, but I either have to sacrafice an opportunity to do one of tose things, but I also can't do any of those things a second time to get back to even. Treat your chips like they are real money. When/if I lose, know what happened. Variance happens, but bad play, tilting, chasing bad money all happens when you play chips and not money.

Know you are only as good as you are...don't pretend to be better.

These tips are part of my series on Poker tips, taken from Poker.net. Poker.net has an on-line section with 64 poker tips. Way back 4 and 1/2 decades ago, in Mr. Kirk's 5th grade class, I was taught; to write things out, was one of the best ways to commit to memory. So, rather than read over a list of tips, and forget most, I am going to commit myself to reading one a day, and writing my thoughts about it.




No comments: