This is the question that every online poker player should ask themselves. Read on and find out the answer.
You are playing good poker; you have made some good decisions and you are sitting in a comfortable chair. In front of you sits a nice bag of chips, the same color, and same design as the chips you will be placing your money in. You are an Rock. Until you decide to call it a quits you are an rocks. Fold or stay? What are your decisions?
You have been playing good poker; you have made the decision that you are not going to call it a day. You have worked hard all day, you deserved it, you played your best poker, and you deserves a break. You are not going to give poker up, you have made the decision and you are going to give poker up.
Blinds are at $1,000/$2,000 and $300/$600. You decide to play for $300. Your bankroll is $1,700 and the starting stack is $300. You decide to play for $300. You probably think that you have been playing well and you are not going to give poker up without at least a dollar. You are wrong. You will not be going to your favorite casino to play poker any time soon.
So, if you decided to fold or take an ace and your point is +$300 you just lost your money! Your had to risk more money than you should have to try and win your money back. So if you folds you win $300, but you have lost $400 also.
This is one of the benefits of MPO777; you are supposed to make these decisions on a hand-by-hand basis. Not every hand in poker requires you to call. In blackjack, for example if you worked your way up through the machine and had enough money on the table when the last hand is dealt, you can take money off the table.
You might ask what the point is of folding if you are going to lose your money. The point is that you don’t know if folding will win you your money back or not. You could fold an ace just because you are bored. But do you do it on purpose? I don’t think so. Most of the time when I fold I don’t even think about it. I just do it and forget about it.
Knowing when to fold is also important. At the low limits especially, you will have to fold most of the hands from the beginning. Don’t be fooled into thinking you should consider these hands because they are your first 2 cards. Only play the hands that have the best chances for winning.
Ask yourself these questions: – Are you willing to lose $1,000 to win $1? – Do you have a really good chance of winning this hand? – What else do you have? – Can you afford the risk? – What else do you have that would give you a good chance to win over the next hands? – What do you have that gives you a really good chance to win right now? – What do you have that gives you a great chance to win in the next few hands? – What do you currently have? – What do you want?
Pay attention to your cards when you are deciding to fold or go in with the hand. When you get raised, you need to justify why you are in this hand. It is a good idea to have a really good hand to go in with, even if you are in a pot with someone else’s cards. That’s a good bluff. If you are new to poker, a good way to get the money in to get a good hand is to see the flop. If you didn’t hit your card and there is a lot of money in the pot, you can practically force your opponent to fold.
When you decide to fold, be careful that you do not reveal anything with the cards. If you said “I fold” it’s too obvious. If you see an ace on the flop and go “I bet you will go out” you’ll probably lose. Instead, if you folded preflop and then bet the flop, your opponents will be led to think you had a really good hand.