Money Management

Seasoned poker players will usually assure you that money management is at least as important as any other factor in skillful play. Many of them say that it is the most important single factor. I am going to start this section with a few general but absolutely essential statements.

First, the factor of courage. Here I will quote from a book by the celebrated card expert, John Crawford, because I could not possibly say this better:

"A winning poker player must have a combination of two qualities. They are knowledge and courage.

"The knowledge part is what you can read about in books.

"The factor of courage cannot be taught; but you can't win without it. When you get into a poker game, you aren't there to keep from losing. You're there to win. And to do that you must back your good hands to the limit, and risk your money when you think you're right.

Winning Poker Home | Winning Poker Site Map | Winning Poker Resources
© 2005 Winning Poker. The Classic Guide to Winning at Poker.
 

Winning Poker
Home
Winning Poker
Sections: