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Practice Matters

Next, we must know where this pocket bankroll money is coming

Next, we must know where this pocket bankroll money is coming from, and more importantly, we should play only with money we won't miss if we happen to lose it. Playing with rent or food money that should be paying household bills is considerably worse than scared money and is known among professional gamblers as "losing" or "desperado" money that should not be gambled with—because your winning chances are greatly reduced when gambling with this kind of money.

This brings us to "What is the biggest amount of money you should

This brings us to "What is the biggest amount of money you should lose in any one Poker session?" We should always know in advance before we sit down to play Poker how much we are prepared to lose. By so doing, we will protect ourselves from being tapped out. The losing limit I recommend should never exceed the pocket bankroll required to sit in the game as shown above. In a 50c and $1 limit game, you should lose no more than $60; in a $1 to $2 limit game, no more than $120; in a $3 and $6 limit game, no more than $360; in a $5 and $10 limit game, no more than $600—and so forth.

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