Monday 25 November 2013

Passive Bankroll: Personal Financial Security

How to keep winning and stay afloat during the band is not luck? Let's try to analyze the situation a little bit and find out what is passive bankroll.
Books devoted to the art of playing poker, there are tons. But, not everyone can benefit you.
It is believed that if all of the books you learned at least one idea that , when applied in practice , benefit , the $ 20-30 spent on the book can be considered a very profitable investment .
There are also books that are not in the full sense of the word benefits of the game. Rather, it is an autobiography of famous players, in which they talk about their ascent to success.
In these publications also have a lot of thoughts that should not be neglected? In this regard, it is worth remembering Hight Stakes Poker: The Sky's the Limit, written by Doug Young. The author expresses a perfect idea about how a poker player can " afford podstelit straw " in case of a prolonged losing streak.
The system is simple: open a bank account and put it on 10% of each prize. This will be your passive bankroll which in any case cannot be fzspent, but the most urgent need, and in the case of borrowing money from it they should at the earliest opportunity to return. Why create passive bankorll except financial safety net?
The most important thing - it is the psychological effect. If you play plus you will soon notice how quickly growing your bankroll. And even against downswings that will inevitably happen in the career of any poker player, you will see that the passive capital grows, and it will give a sense of solid ground under their feet, helping to maintain confidence in their abilities.
So you become the owner of two bankrolls - active, who are using for the game, and passive, which guarantees you the financial security with peace of mind.
This system is especially good for those who are in early poker career: it at first because the temptation to spend money on certain things, sometimes quite unnecessary!
After each session, you should record your results and the amount required in the passive bankroll. At the end of each month you add these amounts into a single and put it in a bank account.

Even the most disciplined players increase allocations to passive bankroll 10 % of each prize, plus 5 % of the winning month, plus 2.5 % of the winning year. This is done in order to be able to navigate to the “long distance.”

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