Play smart poker and reel in the cash!
If you’re the type of player who wants to make quick money at no limit Texas Hold'em games, then you're going to want to avoid the common newbie poker mistakes. Fortunately, there are ways and means to fine tune your game so that you can play more profitable poker. Oftentimes, a poker player's bankroll is decimated even before he/she understands the basics of the game. The 4 worst mistakes that novice poker players make (and even intermediate level players) are the following:
Regarding the aforementioned factors, the latter category – poor bankroll management – is responsible for destroying many poker players’ careers even before they've gotten off the ground.
Bullseye: Bankroll Management is the Key
If you're unsure how much money you need to be able to play a poker tournament, then the following can serve as holy writ for you. You should always have the equivalent of the maximum buy in multiplied by 20. So let's say you are playing a poker table with a maximum buy in of $20, then your bankroll should be $400. If you're playing in a $50 buy in (no limit) table then you should be playing with a bankroll of $1,000.
Many poker players question the logic behind the mathematics – but it's pretty clear. It's assumed that if you are playing 20 hands at $50 a hand, and you have 10 consecutive bad hands you will still have an additional 10 hands to come good at the poker table and win that one monster pot. And if you happen to have a bad run of form – with 10 bad hands – then you may need to revise your poker strategy. As soon as you've corrected the errors of your ways, you still have 10 buy ins to come good.
How about this for a fact: Many of the top poker players need up to 100 buy ins!
Another point to bear in mind is that novice poker players tend to play at tables that they cannot afford to play at. Let's take a $300 table – you can lose thousands of dollars playing at that type of table if you don't know what you're doing. Therefore it is advisable to understand the fundamentals of poker gaming before you play the game.
Start off with a Small Bankroll
Sensible advice for novice poker players is to start playing with a limited bankroll – under $1,000. As your level of proficiency increases, you can build up your bankroll and play higher stakes poker. Always be mindful of the other mistakes that beginners make. Start off playing the lower level games – beat them, and then advance to higher levels of competition. The crucial point to bear in mind is the following: make sure you don't play too many hands pre-flop. If you find yourself getting bored, you can always switch to another table; there is no reason to play simply for the sake of passing the time at the same table. Note that when you do get a good hand you should play aggressively with it. This effectively gives you two chances to win the pot: when your opponent folds to your bet, and when you win because you have the best hand.
Correct Game Selection
It is advisable to understand precisely how to select games in order for you to consistently win more poker games. Remember that you're playing with a tight aggressive poker strategy, and it is in your best interest to search for games which are loose passive. The World Wide Web provides myriad software programs to enable you to scan the gaming selection at your favourite poker lobbies. Many poker players use this type of software to weed out the games that are wrong for them and therefore leave them with the best selection. You will be able to eliminate the vast majority of standard novice mistakes, and therefore increase your profit potential dramatically.
Take note of the following action points in order to enhance your profitability in the game and your success as a budding poker professional. These include the following:
• Make use of Correct Bankroll Management Techniques
In order for the above strategies to be effective, you are advised to play fewer hands before the flop than you typically do, be more aggressive post-flop and focus on money management.