Free Online Poker Lesson On How To Win More Poker By Knowing When To Take Your Profits And Cut Losses

July 27, 2011

A key poker skill, even in free poker online is not actually anything to do with fancy card tactics or math but simply being able to bail out of a poker game and leave the table at the right time. For example, you’ve settled in for an eight hour 1-2 No Limits game. You came into the game with 200 dollars. After 2 hours you’ve done well and are up $700, should you take profits now and bail out?

Or, on a less positive note, after two hours you’re down 300, and had only budgeted that much as your maximum allowed loss. Do you now head to the bank machine, or do you head home instead?

These scenarios seem quite simple, but the bottom line is, having the self discipline and awareness of your bankroll is extremely important. There have been times when I have sat down at a poker table, won 500 in 2 hours, and then ended up losing it all during the next 6 hours.

Often times I am set on playing for a certain period of time, and will not call it quits until that time is reached. Discipline is a component of my game that I must continue to work on if I plan on seeing positive results at the poker table.

Let’s explore another scenario. I have been playing at a 1-2 NL table for 2 hours, I am stuck 600. Over the next 6 hours, I claw my way back to almost even, and am down 30 dollars.

What should I do? Seeing that I made my way back to almost even, should I continue playing due to my hot streak? Or seeing that I was able to make it back to even, should I just call it a day and walk away with a minimal loss?

Often times I make the mistake of continuing my play, only to end up losing the money that I worked on getting back. My advice based on personal experience, it is best to walk away after hours of clawing your way back from a large deficit.

Here is one more scenario for all of you to contemplate. You are at a table that is throwing chips around like they have no value attached to them. Players are going all in with Ace rags and they are losing hundreds of dollars and do not seem to care.

They clearly have big bankrolls or more money than sense if they look like they’re going to play so recklessly for hours. Your bankroll is small, but you feel that this may be an opportunity for you to double up or even triple up.

Is this type of table ideal? Or are you better off to play at a tighter table with more skilled players?

I have often made the mistake of staying at a table of reckless players with a minimal bank roll. When I lose a 200 dollar pot, I am half way to losing my entire bank roll. When those reckless donkeys lose 200, they pull out more cash like its monopoly money.

The bottom line is that a good skilled player should not fall to the temptation of playing with reckless donkeys.

My advice is to stick to a table with more tighter players in order to win more smaller pots rather than losing large pots and your entire bank roll. In addition to this start small and play free poker first to learn the in’s and out’s of the game. As they say, learn to walk before you run then, when you are fully ready you can play for real money. If you are a beginner do some basic groundwork first and look for how to play poker for beginners sections on the free poker sites before playing.

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