Posts Tagged ‘winning money’
Winning Concept 4: The Goal Is To Win Money, Not Pots
There is a misconception among many players that winning more pots equates to being a bigger winner at the tables. In fact, the opposite is true! Weaker players tend to win more pots than stronger players because they're playing too many hands. Naturally, the more hands you play to the end, the more hands you will win, but that doesn't make for more profits. Every pot contested comes at a cost. When you contest many and lose many, it leads to a mighty bad day.
As the pros say, life is one long poker game. The goal is to win money, not pots. There is a significant difference between the two. After all, at the end of a poker session, you're not going to measure your results by how many pots you won. You probably won't even know the number. Neither will anyone else in the game. Nobody ever asks you how many pots you won, just simply, "Did you win?" Winning money is what counts in poker—the final result. And winning money should be your goal.
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Tags: poker, poker game, winning money
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Winning Concept 2: Fold When You
Winning money in poker is not just about winning pots. In fact, being an overall winning player probably has more to do with losing less when your cards don't come in the running than it has to do with the pots you win when you have the best hand! Many players don't appreciate this concept. Despite winning enough pots, they can't understand why they keep leaving the table with losses.
Folding when you're beaten at the table is one of the most important concepts in poker. More money is lost by players who consistently make bet after bet in clearly losing situations than in possibly any other aspect of poker. Every extra bet you contribute to an opponent's pot is a bet out of your stack.
It's as important to make good folds in poker as it is to make good bets.
To be a winner at poker, you must hold your money dear and value it like gold. There are good bets in poker, and there are bad bets. If you can cut the number of your bad bets in half, right there, you will probably have turned the tide. You'll be turning losing sessions into winning sessions, and small winning sessions into larger winning sessions.
Never lose sight of this concept when you're playing. Do not play with cards that cannot win. This principle holds true at all points of the game in poker. When you lose, you should lose on hands you thought would be winners or which gave you good odds to play out as an underdog. Never lose on hands on which your odds of winning aren't worth the bets you're making, because you shouldn't even be playing them.
Folding when you're out of the running is precept number one if you're going to be a winning player. Folding bad hands will make you more money in the long run than any other type of strategy you can pursue. This thinking should not be interpreted as advice to play like a rock, or to exit pots just because your hand is a dog, or to bet only when you're in the lead. Far from it. Smart poker play is balancing bets with chances of winning, and that includes playing for pots when you're strong, when you're trailing, and sometimes when you're weak.
When you do play second best or worse hands, it should be because they give you good value—your long term expectation is to win money in that particular situation. You may be an underdog in a hand, but if, overall, playing this type of hand gives you more profits than losses, you should play it. Playing only good hands will mark you as predictable, and playing too many bad hands will bury you in losses. For the best result, you must strike a balance in between the two extremes.
How do you know when staying in a hand is a correct play? It's not always easy to figure out just what the right move is in a game, even with hindsight, but that's what makes poker so fascinating. Experience and study will get you in the right direction.
Your goal in poker must be to win money.
Having 96 constant action and being part of every pot is a losing strategy. By definition, it means you're playing in too many pots, with too many inferior hands, for too long. This is not a winning strategy. At the least, you need to start with cards that can win. Let's look at that concept now.
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Tags: game, poker, winning money