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The difference between winners and losers in poker

I spend a lot of time talking to a lot of people and the main topic is almost always bankroll management.  I am reminded of the saying "the name of the game is to stay in the game" by Gordon Gecko from the movie Wall Street.  That is what poker is about.  As I speak to many of you the won thing that is most noticeable is that the people who hang around take a break when they are losing.  The losers don't and they eventually go away for good.  

It has been awhile since I HAD to win at poker.  In fact just yesterday I was thinking that it must be odd to many of you on here because if you look at my stats they aren't that great.  Virtually everywhere I am about break even.  Mostly that is the case because the limits I can beat don't interest me.  I don't play poker for profit any more, I play it for fun.  It is certainly fun to win and last year I did have a few decent runs at Omaha which provided for some pretty decent profits.  But if I had lost it wouldn't have mattered to me.

Every decision that I make related to my play is about doing the right thing as often as possible.  I don't run very sophisticated stats analysis or anything like that.  I review my play once I am done and that's enough for me.  If I had to grind things out I would be a bit more serious about studying my opponents but I don't need to do that.

So in a very real sense I am in the same boat as most of you are.  I am still learning but it mostly a hobby, when I make money I like it, when I don't it bugs me.  The difference though is that I never put myself in a position where I hit the felt.  For many of you the difference between the felt and where your bankroll sits now isn't that big of a difference.  That doesn't mean it shouldn't be treated as such.  The people that do that stay around, the people that don't still think about how they just got unlucky.  Where they got unlucky is in the fact that they had little self control.  

Online poker affords you the chance to move up and down depending on what your bankroll is but almost no one does it.  Everyone is looking for the brass ring, the next score or the lottery.  To hang around though requires a mental toughness that few people have.  I don't care who it is, we all started low, I started with $300 and turned that into over a million in about a year.  So it can happen but you will never get there if you are on the rail.  So the difference between winners and losers is that losers allow themselves to go broke.

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Thanks for your views, your right, most players that have once played at such and such a limit, feel that no matter what that's the limit they should play. They refuse to move down limits when they are not running great. There are few days when you can do nothing wrong, your thoughts are crisp and decissions are bang on, these are the days where you should maybe take that shot at a little higher game. When things are bad suck it up and move down in limits. Take your EGO, your PRIDE and throw it out the window now. This game if you let it can beat you mentally and physically if you let it.

Don't be afraid to take time to smell the roses, get fresh air or do something other, online poker games run 24-7 365 days a year. It will still be here, breaks are the best thing you can do for yourself. Play short sessions if your in the zone play longer if not get out.

I think we all strive to be the best we can, and don't want to disappoint anyone. I myself feel at times I have to keep playing, to generate rake, this is not the case I know. Here we are given a rare chance to have some very successful people share vaulable insight that is a rare comodity these days. I want to become a winner how about the rest of you.

Wanting and doing are totally differnet, With the help of Beanie and his band of merry men, I'm learning it it can be fustrating and difficult bad beats happen, thank the stars they do, for with out those bad beats, the games will dry up and whos left, no one but the sharks. So thank you to all the fish that give me terrible BB bless you... I will see you again.



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beanie I'm with you I'm fortunate enough not to have to work anymore I had a telecom business when I was 24 and sold it off for a ton when I turned 31 I think poker is like business if you do the right things you will build your bankroll just like if you do the right thing in business and provide the right producr and great customer service your business will thrive and grow  but if you have leaks in your business structure unless you fix it and fix it quick you can go under.

business is a big lesson in patients and discpline and if you have neither you will bust oout just like in poker so if you want to flourish and thrieve in poker you must treat it like a business if you don't go into with that mind set your gonna go bust eventually for the past 5 years since I retired at the age of 31 I have made over 100K a year playing live poker MTT's and Sit and Go's  and yes that is after all expenses and the gas on the way to the track or casino.

Just this year I have tried the game of on-line poker and have started in omaha hi-low and sit and go's

At first I though it was tougher becuase of all the beats but I have learned to adjust to it and am starting to get my game together and proform better. I have also gone to some training sites and forums and have absorbed quiet abit over the past year but as they say poker takes a moment to learn and a life time to master

A few of those things would be getting reads on your oppents and being able to throw your hand when you know you got out flopped when you have KK or QQ becuase some donk called a nice sized preflop rasie. You also have to learn to luagh at the beats and come back if your good enough and have enough BB left for the blinds in that tourney then calm down tighten up and play ABC poker and get back in it you have to remember that 15-20 BB is still a good stack and don't just throw all-in becuase you had a 100 BB stack before the donk sucked out a 1 or 2 outer on you just fold your next orbit and get your head back in the game again and most times you can still make that late run and get back in shape.

Poker is nothing but a mind set it is a game of you saying I'm better then you and I know it and if you think I'm not then your gonna pay to see that. In that way it is a sport in other ways it is a game of skill you have to fit many peices of the puzzle together to make a good thinking decsion.