No, not a poker player who will win a lot of money, but a player who goes on being a member of a community, does not lose sight of his responsibilities. In truth, as much fun as you think it is, there are many downsides to being a successful poker player, and there are certain things that you may have to watch out for.
Firstly, it is vitally important that you practice bankroll management. Avoid taking unnecessary risks, and do not play for more than you can afford to lose. This is a mistake that many people make. Secondly, if you are a serious poker player, then chances are that you will need an accountant. Of course, they demand a good sum of money, but in the end they will be worth it. Print out all of your bank records, keep track of any withdrawals and deposits, and if you play live, keep all of your entry tickets. He will also make sure that you pay all your taxes on your winnings, if any are due. It makes no sense to play games with the IRS.
Place a limit on the length of your sessions. Before you begin, tell yourself that you will play only a certain amount of time, like three or four hours. This time goes by faster than you may realize, so you will have to stick to it. Playing for many hours in a row is detrimental, and causes you to not to play nearly as well. In addition, make sure you get plenty of exercise and fresh air. Treat you poker game as if it were a sport. You must take care of your instrument in order to keep it top notch.
Even though you are taking poker seriously, it is important not to take it too seriously. If you have a girlfriend that you are mad about, don’t put her is second place after poker. If you do not have a partner, then go find yourself one. Get out of the house, join a gym. Make sure that poker enriches your life, not makes it poorer by replacing everything else.
If you are in college, have a job, or anything else, make sure that you are not completely dependant on poker before you leave them. Most poker player go bust at least once in their careers. This will happen to you as well, but a degree is something that no one will ever be able to take away from you, so it pays to have something else to fall back on, even if you are making 20 thousand a month.
Save and invest. Save and invest. Save and invest. This is repeated because of its dire importance. Don't leave all of your money in your online bankroll. Withdraw a good chunk of it. Invest in some mutual funds. Buy an apartment. It can be easy to treat the funds in your account like a score in a video game, and disassociate the balance in your account from real money. If you withdraw on a regular basis, you will be reminded of just how real the money in your account is. This may sound stupid, but it is true; a good deal of successful online players completely lose track of how much money they have, and just blow it. Save and invest and you will never have that problem.
Online Titan Poker is supporting the 2009 Asian Poker Tour Philippines Main Event that is currently ...
The world of online poker has drawn those who are compelled by the online poker competition and the ...
Betfair announced in a Wednesday press release that it has opened its online client to the Russian p...
A new Reality television series is being introduced by the Emmy award winning American talk show hos...
Online poker rooms are employing new tactics to differentiate their sites from others and to individ...
The growing competition of online gambling adds growing pressure to online casinos to search, test a...
Titan Poker is pleased to announce, that with that with the help of the World's leading Poker Forum,...
TexasHoldem.com is the best destination for avid poker players. The online poker site has a complete...
Titan Poker new team is joined by the top twelve skilled players from, Europe and Canada who will re...
GamblingPlanet.org denies that the online gambling industry was experiencing hard times, despite iPo...
Smashing the Guinness world record for the largest online poker tournament is the world's largest on...
In the future there will be only five major online poker sites due to industry, according to Jim Rya...
Today's online poker offers a competitive environment whereby sites have to constantly come up with ...
Phil Hellmuth and Cereus- the new software platforms for online Absolute Poker and UltimateBet.com...
Online Poker News - news
from the world of
Online Poker RSS Feed.
The OPN directory is currently in development and will be available soon. If you are interested in adding a link, just click on the “Add Link” button. Thanks for your patience.
EXLUSIVE coupon for new players!!! get 150% Bonus up to $500 using the coupon code "LOGIC500", PLUS ...
Had enough practice? Are you ready for Real money action? LuckyAcePoker.com will help get you on th...
100% match bonus at Titan Poker absolutely FREE!!! Deposit up to $500 now at Titan poker and you wil...
Recommended Poker Books
You do not need prior permission to link to any of the pages on this site. Limited copyright is granted for you to use and/or republish any of the articles on this site for any legitimate media purpose as long as you reference OPN as the source, and include a link referring the reader to the OPN site.