Poker on the internet is in very many ways similar to live poker. It’s still poker after all and the rules, probabilities and everything else that really matters is the same.
Statistically speaking even if you are a very good poker player, with a huge bankroll, there is a chance that you will eventually run so bad that you will go broke. Unfortunately we can’t eliminate that probability completely but we can reduce it.
When I started learning about poker I was less than impressed that there was a section called “bankroll management”. I wanted to play poker, have fun and win.
It is not a comfortable thought, but every poker player might one day have to deal with the possibility of losing their entire bankroll. There are a number of ways that this might happen, but essentially it will boil down to one of the following:
The only way to make money at poker is through your opponents’ mistakes. Consequently if you make fewer mistakes than your opponents then you will make money in the long term.
