Keeping Track of Poker Profits & Losses

The best online poker player are those people that have taken the
extra time to keep track their profits and losses to see were they may
have leaks in their poker games. A great online poker player will either
make changes to their games to make sure they avoid these leaks, or
create new strategies to get rid of them altogether. Many new player do
not understand that they may have leaks in their poker games but just
believe that it all has to do with luck and never try and find out how
they can fix these problems. But being able to identify when you are
making bad choices while playing poker online or in a live game for that
matter is the difference between winning money and losing your shirt.
If you want to be successful you will need to track your profits and
losses over a long period of time, which will allow you to better
understand your strengths and your weaknesses at the poker table.

The
first thing that you will need to do is keep a record of all the your
games you play. You will want to keep track of how much you won and lost
and the amount of time you played each time. If you play online poker,
there is a lot of software out there that can help you keep track of
this information. Keeping all our result in one place is important, you
do not want to have a bunch of loose papers just sitting around ready to
lost. If you do not want to invest in a good software program you can
always use an excel spreadsheet to keep your records, this can be just
as effective. If you are not at your computer you can put it one a piece
of paper and then make use you add the information at a later time.
Keeping track of your profits and losses will also help you better keep
track of our poker bankroll and help you avoid playing in to high of
stakes. Use this information to better keep track of your winnings and
you will be on your way to becoming a better poker player in no time.

You
will want to keep track of:

* Starting Bankroll

* Starting Time

* Type Poker Game

* Limit

* Stakes

* Ending Bankroll

* Ending Time

By keeping a record of this information every
time you sit down to play poker, you will find out what kinds of games
and stakes you are doing the best in. It will take a little time for
this to be of any help; at least a month. But in the long run it will
help you be a better player.

Michael Bush is the Webmaster of http:/smallstakespoker.net
Strategies and Tools for winning at Small Stakes Limit Texas Holdem