Here we will give you some general guidelines on poker money management and the two most common errors that players make, that increase the odds of losing dramatically.

Poker Money Management – Your Bankroll

Your ‘bankroll’ is the money you can afford to potentially lose in poker and have allocated to playing.

Poker is by its nature a volatile game and the chances that you will lose in the short term are high.

All players need to employ money management whilst playing poker, to succeed long term.

General Guides on Bankroll Size

Want to know all the Texas Holdem history you can? Be the brimming history braniac at the poker table with this in depth recount of all the Texas Holdem history. Read this article now.

is so little known despite the fame the game it now receives. Texas legislature recognizes however that it was in Robston, Texas where Holdem was first conceptualized.

Las Vegas first got a hold of the game in the 1960s at the Golden Nugget Casino. This casino was shabby and rundown back then that only a handful of people, and not a lot of the rich and famous one at that – patronized it.

It wasn’t until 1969 that the state decided to invite professional and amateur poker players to play at the now defunct Dunes Casino. The game attracted players because skill and strategy more than chance, made you win the game. It was, even then, called a ‘thinking man’s game.’

ABC Texas Holdem Poker Strategy is essentially strategy completely based on the real odds of winning with the cards that you get. In this strategy having a pair of aces, A-A, is the best possible hand you can be dealt. Having an offsuit 7-2 is the worst possible hand you can start with. A ranking of hands exists based on the probability of those two cards winning the game.

Although I do agree with the overall idea of the ABC system and also agree that higher cards, like A-A and K-K give you a better chance of winning in some respects, I would never rely on an ABC Texas Holdem Poker Strategy. The reason is simple: an ABC Texas Holdem Poker Strategy doesn’t provide the flexibility required to incorporate all of the other factors of the game into your decision. I’m talking about very important factors that should affect you decision like:

- Your play style
- Opponents play style
- Your reputation at the table
- Opponents facial expressions
- Opponents body language
- Your stack size
- Stack sizes of every player
- Blind and/or ante limits
- Time left until the blinds raise (in tournaments)
- Your feeling of the game
- Your ‘read’ at any given time