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Play Real Money Gambling Poker
by Jerry "Jet" Whittaker
Feb 25, 2007
Play real money
gambling poker:
The idea of money
management and having a bankroll specifically for
gambling is a foreign concept to many casino players.
Most casual players simply deposit money when they want
to play and that is fine, but unless you understand
money management, you could be putting more at risk than
just your bet.
Money management and
gambling may sound like complete opposites, but in
reality those who understand gambling realize that money
management is vital to success. If you are used to
entering a casino or playing casino games online without
using any money management techniques, then this article
is for you.
Here are some tips to
keep in mind when you are playing at online casinos:
Your "bankroll" is a sum
of money that is set-aside specifically for gambling
purposes. By having a bankroll it means that you are
only ever gambling with money that you can afford to
lose. You are not gambling with the rent or grocery
money. If you lose you are not hurting yourself or loved
ones. It is important because those who do not have a
bankroll are taking
online gambling from being fun to being a serious
issue if things go wrong. Only ever gamble with your
bankroll and within your limits.
By having a bankroll your can control what you risk.
Have a plan and set a limit that you are happy to wager
and if you reach your limit then walk away and take a
break. Understand that gambling involves a lot of luck
and so you can't win all the time. When you are on a
losing streak then resist the temptation to place larger
bets. Doubling your bets when losing is a mythical
betting system that simply does not work. Also do not
try and win back all of your losses with one big bet.
This is unnecessarily risky and will only cause more
grief is the losing continues. A better approach is to
increase your bet sizes when you are winning and try to
take advantage of the good run, and reduce your bet
sizes when you are losing to minimize the damage.
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