In order to be successful at poker, you must understand this. Always while playing online poker, make your decision about weather to call, fold, check or raise in accordance with how much money is in the pot, weighed against what it will cost you to wager. That decision should be the same whether the poker pot is provided as a promotion by the casino or you somehow put the entire sum in yourself.
Once you put money in the poker pot, it's up for grabs and is no longer yours, any more than it is anyone else's. For that reason, you should never consider how much you personally have invested in a pot in evaluating a poker decision. The same concept governs your everyday life. Let's suppose you fancy yourself a world-renowned collector of antique radiator caps, as many of us dreamed of being when we were kids. Two years ago you were able to acquire a radiator cap signed by Edward Jones, a respected local automobile mechanic for $300,000. Two years later, an appriasal places the true value at a disappointing $75000.
Then a fellow collector offers you $150,000. Okay, now you have a choice. You can say, "Don't be ridiculous! I already have $300,000 invested in this radiator cap". Or you can correctly reason: What I personally have invested doesn't matter. The only thing I should consider is whether the $150,000 is a good price for my radiator cap. If you opt for the second choice and pocket the $150,000, you have learned a key secreat in life and poker. What you personally have invested never matters.
Once you put money in the poker pot, it's up for grabs and is no longer yours, any more than it is anyone else's. For that reason, you should never consider how much you personally have invested in a pot in evaluating a poker decision. The same concept governs your everyday life. Let's suppose you fancy yourself a world-renowned collector of antique radiator caps, as many of us dreamed of being when we were kids. Two years ago you were able to acquire a radiator cap signed by Edward Jones, a respected local automobile mechanic for $300,000. Two years later, an appriasal places the true value at a disappointing $75000.Then a fellow collector offers you $150,000. Okay, now you have a choice. You can say, "Don't be ridiculous! I already have $300,000 invested in this radiator cap". Or you can correctly reason: What I personally have invested doesn't matter. The only thing I should consider is whether the $150,000 is a good price for my radiator cap. If you opt for the second choice and pocket the $150,000, you have learned a key secreat in life and poker. What you personally have invested never matters.
