Keep an Eye on your Bankroll – Keeping Records Pays off

moneyHow much did you make last month? Last week? Yesterday? If you don’t know then you are probably leaking cash faster than a sinking ship. If you want to be a profitable player then you should be keeping accurate records of your play. Keeping records makes you focus on whether you are actually losing. If you don’t keep them you may not notice you are not really winning until all your cash has gone. It will also give you an accurate reflection of how good you actually are.

Records you should be keeping include the following as a minimum;

Where: the site or casino. I would also think about adding days and dates. Knowing where you play best is important. Some sites will have players that you can crush easily. Other sites will have players that can crush you.

Type of game: This is important as not every type of game will suit you. Are you better at cash games or tournaments?

The profit: Not how much you won but the real profit. Winning $100 in a tournament sounds good but if you paid $99 to enter in reality it isn’t that good.

Time played: It is easy to while away the hours. If you made $50 dollars yesterday that is good but less impressive if it took you 16 hours to do it. Honestly you are better off working in Mc Donalds

You can record all your games/sessions/tournaments in a simple spreadsheet or you can a program like Poker Tracker or Hold’em Manager to help you.

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