Hello, folks! Your A23 Poker Professor is back! Welcome to class number #2 of Semester 1.
In our first class, we covered the art of mastering small-blind aggression. Did you miss it? I’ll excuse you this one time only. Click here to read all about our first class.
Now that you’re back, today’s class tackles a dilemma every poker player and professional faces—one that I myself encountered during my playing days. The question is: How do you maintain your bankroll after a big win? Let me show you how.
A big win can be both exhilarating and overwhelming. The sudden influx of cash in your bankroll can lead to impulsive decisions, which may quickly erode your hard-earned winnings. To maintain your bankroll, consider these strategies:
In 2006, Jamie Gold achieved poker immortality by winning the WSOP Main Event and taking home a staggering $12 Million—the largest prize ever awarded in a single poker tournament at the time. However, Jamie’s story didn’t have a fairy-tale ending.
Despite his monumental win, Gold faced significant financial challenges in the years that followed. Reports suggest he struggled with lawsuits, extravagant spending, and an inability to manage his sudden windfall effectively. Eventually, in 2013, he was forced to sell his WSOP championship bracelet and faced allegations of being bankrupt.
What can we learn from Jamie Gold’s story? A big win is no guarantee of long-term financial stability. Without proper bankroll management, even a life-changing victory can become a fleeting moment of glory. By following disciplined strategies and seeking professional advice, players can avoid such pitfalls and ensure their success stands the test of time.
ALSO READ: A23 Poker Professor – Mastering Small Blind Aggression and 3-Betting
For this week’s homework, I want you to track your bankroll for a month. Record your daily winnings and losses, and identify patterns in your spending. Use this analysis to pinpoint areas for improvement.
I hope you enjoyed this class, and I trust my tips will help you. Don’t forget to practise your homework on the A23 Poker app.
In our next class, on 26th November, we will discuss “How to be profitable in online poker with TDS and GST?”
Stay tuned, and remember, attendance is essential in my class. Until next time!
With decades of poker expertise, the A23 Poker Professor brings a wealth of knowledge to players of all skill levels. His mission is to help poker enthusiasts master the game, improve their skills, and succeed in their poker journeys. Through Gutshot Magazine, he connects with players every week, offering insightful lessons and valuable strategies that make each class a step closer to poker success. PS. You’ll get homework every week too!
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