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Poker Tips: How to manage your bankroll and avoid going broke

Thursday, May 10th, 2012

If there is one rule you should always remember when playing poker, it is that you should not go broke. If you have decided that you want to become professional poker player, make sure you do not go broke or you will lose the freedom of working when, how, and where you want. This does not mean that you will avoid risk all along but you should know how to manage it.

Here are some tips to manage your bankroll:

Bankroll

If you want to enjoy the perks of a good life, then you must have enough funds to survive a bad run on the poker table. In this case, being pessimistic will somehow serve you good– that you might have a bad run and you can even have worse coming right ahead. If you think you do not have enough then you have to consider moving down to the lower stakes.

Budget

If you do not win most of the time then you can consider yourself who is trying to manage your budget. Remember that if you win something small but spend the same amount to maintain your lifestyle, then you end up as a losing player. Your bankroll might not be shrinking but it is also not growing. Make sure you do not spend what you win right after you earn them. You need to know that you cannot chase losses and that you should have the discipline to know when to stop.

Buy-Ins

If you are playing poker online to learn the ropes, you will have a wide range of buy-ins to choose from. You can go as lot as 20 blinds or go as far as 300. It is wise to go short stack first and this depends on your experience. You can go for about 100 blinds if your goal is to learn the game. You can go deeper but you might subject yourself to deep stack decisions which will not be very easy ones to make.


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All new poker terminology

Wednesday, October 13th, 2010

Welcome to the dazzling and wonderful world of poker terminology. Just like doctors use their strict terminology, investment bankers generally use fiscal terms, poker players have their characteristic terminology which has been incessantly growing with the increasing population of poker players across the world.

This article would help you to acquaint and fine tune yourself to the current lingo used by poker players. Most of the poker players are aware of phrases like flop, steamed, all in and so on.

Play Online Poker Third Street means the third card dealt on the poker table I all the stud games. It is the first card which is dealt to the players in the position of face up.

Sixth Street clearly means the sixth card on the poker table which is dealt to all the poker players.

Showdown mans that after all the betting rounds are complete the players who are active in the game need to compare their hands in order to know the winner.

Pocket is a common term used by players and it means to the position of cards which are in a face down manner.

Muck is term which is commonly used on the poker table. It refers to folding or discarding the hand.

Fourth Street means the fourth card which is dealt to players on the poker table.

Dealer button means that it throws light to the position of the dealer on the table.

Coffeehousing refers to a situation on the poker table when they are all playing their hand by avidly trying to deceive the opponents. This is considered as a foul poker manner. While playing poker implementing the right etiquette gives you the confidence, and helps you to adequately concentrate on the game as well.

› Continue reading


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PokerListings Talks to Michael Mizrachi

Tuesday, August 31st, 2010

The grinder has done great this last World Series of Poker, especially compared to his 209 World Series of Poker performance, and now Michael Mizrachi is right in the World Series of Poker November Nine final table of the Main Event.

This guy is awesome, and I look forward to him killing the november nine table!


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How to shuffle poker chips like a pro

Wednesday, May 26th, 2010

An easy to follow tutorial for newbies who want to learn to do some poker chip tricks :)
Lovely music in the vid by the way.


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Online poker sites

Wednesday, April 21st, 2010

Online poker has flourished in the past few years. This is mainly due to the convenience that the internet provides to setup games using software and make payment transactions quickly via the internet. With the heavy increase in online poker players, several sites dedicated to free poker games as well as real ones have sprung up. It can be daunting to separate the legit and high quality sites from the rest because it is quite simple to setup an apparently professional site for a low price by virtually anyone. To make the task easier, here are 3 recommended sites to choose from to play poker online.

  • Party Poker
  • Party Poker is one of the pioneers in online poker. Established almost a decade ago, Party Poker is known for its popularity hosting thousands of games at any one time. Due to Party Poker’s widespread popularity as well as reputation, the majority of its users are beginners and intermediates since this is pretty much the first service that any newbie hears of, however it also comprises of several, well established, experienced online poker players. The software used by Party Poker is also quite steady as anticipated. While sounds used in-game maybe a little annoying to some, it is feature-filled and barely contains any glitches.

  • Full Tilt Poker
  • Full Tilt Poker is a much newer online poker client in comparison to the aforementioned Party Poker client but it can serve as quite a good competitor. The players in Full Tilt poker are known to be a little stubborn which has been an issue as it is harder to win games however as popularity of the service grows, so does the variety of the players. The software client is excellent available for both Windows and Mac platforms. It does not consume too much of system memory thus game play is smooth.

  • Carbon Poker
  • Carbon Poker was previously under the poker.com domain name (which very much worked in their favor for type in traffic) and was later on re-branded to Carbon Poker. Carbon Poker is still in development in terms of popularity with around 2500 players online at the busiest times. The skill levels of players are best suited to new players in to the online poker world. The software is relatively weak as far as graphical appeal is concerned but it is feature filled. A unique user-friendly feature in the software is the tabbed navigation that makes it very easy to switch between the various features and areas of the room.

    These are 3 of the most popular and reputed clients to play poker online, currently available. Your choice would depend on your reputation and skill level but on a general note, signing up with Party Poker would rarely end in disappointment irrespective of your skill level.


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Another lovely 72 bluff

Friday, April 16th, 2010

This one is from the GSN show High Stakes Poker. Mike “The Mouth” Matusow picks up KK and Hellmuth decides to battle with Mike hoping to cash the 72 bounty.

“It’s a new game today boooooys” :D haha lovely

If you’re looking for something to spice up your home games, I can really recommend to play similar bounty hands. For example you could make an agreement with the other players that pots won with these hands will cost 4BB from every player at the table. It doesn’t have to be necessarily the 7-2 hand, it’s all up to you. At our game we even agreed multiple bounty hands on one evening, f.e. the 72 en T3 hands. Good luck!


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Durrr Million Dollar Challenge

Monday, March 15th, 2010

… is really an exciting poker show. If you haven’t seen an episode of it already, I suggest you do ;) It’s very entertaining. For example, just look at the following hand. What a hero! :D I like his style :D Kinda sick to risk your whole stack for a 10.000$ bounty they agreed if the pot is won by a 72 hand.


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I love them donks ^^

Saturday, October 3rd, 2009

##########################################
BetfairPoker Game 584734717 / Tournament
Table Sodium 174 6-max (Real Money) – 03.10.09 – 22:18
Blinds : 0.1/0.2
##########################################
6 players
[SB] mediumone (19.23)
[BB] TehPussyMan (19.8)
[1] Aoo (32.24)
[2] shab B (10.18)
[3] DiiCode (17.85)
[But] bh72 (19.55)

TehPussyMan Q Q Initial Pot: 0.3

Aoo folds
shab B raises to 0.4
DiiCode calls 0.4
bh72 folds
mediumone folds
TehPussyMan raises to 1.4
shab B calls 1
DiiCode calls 1
### FLOP ### J 2 J Pot: 4.3

TehPussyMan bets 2.5
shab B folds
DiiCode raises to 8.85
TehPussyMan is All in
DiiCode is All in
TehPussyMan shows Q Q
DiiCode shows K 2
### TURN ### A Pot: 39.15

### RIVER ### 5 Pot: 39.15

TehPussyMan wins 1.95 from side pot n°1 with Two pairs, queens and jacks
TehPussyMan wins 37.2 from the main pot with Two pairs, queens and jacks


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So so so sick … :(

Wednesday, September 16th, 2009

***** Betfair Poker Hand History for Game 577067756 *****
NL $0.10/$0.20 Texas Hold’em – Wednesday, September 16, 19:20:36 GMT 2009
Table Taurus 148 6-max (Real Money)
Seat 6 is the button
Total number of active players : 6
Seat 1: TehPussyMan ( $20.74 )
Seat 2: bouliuk ( $11.75 )
Seat 3: nick1120 ( $53.18 )
Seat 4: damgambit ( $20 )
Seat 5: Pilzkiller ( $14.60 )
Seat 6: wernard ( $21.31 )
TehPussyMan posts small blind [$0.10]
bouliuk posts big blind [$0.20]
** Dealing down cards **
Dealt to TehPussyMan Jd Jh
nick1120 calls [$0.20]
damgambit folds
Pilzkiller folds
wernard raises to [$0.90]
TehPussyMan calls [$0.80]
bouliuk raises to [$1.60]
nick1120 calls [$1.40]
wernard folds
TehPussyMan calls [$0.70]
** Dealing Flop ** Js 3d 4h
TehPussyMan checks
bouliuk checks
nick1120 bets [$4.80]
TehPussyMan raises to [$9.60]
bouliuk folds
nick1120 goes all-in
nick1120 raises to [$51.58]
TehPussyMan calls [$9.54]
TehPussyMan goes all-in
Returning uncalled bet [$32.44] to nick1120
** Showdown **
TehPussyMan shows Jd Jh
nick1120 shows 3s 3c
** Dealing Turn ** 3h
** Dealing River ** Qs
** Hand Conclusion **
nick1120 wins $41.79 from main pot with four of a kind, Threes
************ Game 577067756 ends ************


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Amount of fish on BetFair Poker seems very very ok :)

Thursday, September 10th, 2009

I’ll just let the hand history speak for itself :)

[1/1]

##########################################

BetfairPoker Game 574353111 / Tournament

Table Sodium 169 6-max (Real Money) – 10.09.09 – 19:20

Blinds : 0.1/0.2

##########################################
5 players

[SB] BrasilNut (24.02)

[BB] luvmel (4.31)

[1] maddix (10)

[2] Jasperrr (21.66)

[But] TehPussyMan (19.5)
TehPussyMan K K Initial Pot: 0.3

maddix raises to 0.7

Jasperrr folds

TehPussyMan raises to 1.6

BrasilNut folds

luvmel is All in

maddix calls 3.61

TehPussyMan is All in

maddix is All in

maddix shows 5 5

TehPussyMan shows K K

luvmel shows Q 9

### FLOP ### A 4 T Pot: 33.91

### TURN ### 4 Pot: 33.91

### RIVER ### T Pot: 33.91

TehPussyMan wins 9.5 from side pot n°0 with Two pairs, kings and tens

TehPussyMan wins 11.38 from side pot n°1 with Two pairs, kings and tens

TehPussyMan wins 13.03 from the main pot with Two pairs, kings and tens


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