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Knowing when to quit
- 2-29-2008
So we have
all been there, either for the better or for the worse. The better being
getting amazing cards, hitting everything and basically being on a heater. The
worse being playing for hours, getting dry cards, or getting decent cards but
only for them to get sucked out by donks. Well in both situations, your luck
HAS to change, so you should know when to quit.
For those times when you are on a heater and can not be beaten, quit while
you are ahead. I know it’s such an old common saying, but it really is true. I
mean, eventually, your run of A-A, K-K, and flopping the nuts, etc, have to end
some time. It totally is up to you of how much you want to quit with, but my
general rule of thumb is I leave a table when I have 2.5X more than what I
bought in with. So if I bought in for $20, I would quit when I am at $50.
Again this is just my poker strategy,
but find out what works best for you.
And now for those times when you don't get cards, or can't hit anything. This
happens to me scores of times, and I find myself limping in with hands I shouldn’t
even consider calling, but do anyways because I haven’t played a hand in such a
long time. My solution to this to play at 2 or 3 tables, 3 max. I will sit down
at one table, play for about half an hour and see what kinds of cards I am
getting. Sometime the luck of the cards is with you, sometimes it is not. If it
is not with me, I will sit down at another poker table, making
it 2 tables in total. This keeps me playing tight and keeps me
entertained. But again this is just my strategy, find out something that works
best for you, but if you find yourself getting dry cards and don't want to
multi table, take a break for an hour or so, then try it again.
I speak from experience; recently at PartyPoker
I was given a $20 bonus for free because I had not played there for a
while. I turned that into $2000, but here was my problem; I did not know when
to cash out. Best advice is to set a goal of when you will cash out, a
realistic one, and once you reach that cash it out. I was dumb, and began to
play loose as I did not get many great cards, and eventually ended up cashing
out $1400, which could have been $600 if my bankroll management skills had been
better. Overall, know when to quit, both when you are on a heater, when you are
getting dry cards, and when you have a reasonable amount to cash out.
