Champ or Loser
by Colby on Tuesday, November 30th, 2010
Without knowing the exact facts, it is easy to categorize gamblers into three categories:
- Big Winner
- Small Loser/Winner
- Big Loser
The massive mass of the gamblers is, of course, in the last class, "Big Loser". I would say that about ninety to ninety-five percent of the gamblers fits into this category. When reading "Big" you really should read it as percent of the money won or lost. Even if someone just plays for ten dollars for his or hers entire life, wins and doubles it, is really a "Big Winner". You see, the individual bets 10 dollars and comes out with 20 dollars, so his or hers web revenue is one hundred per-cent. That being said, the difference amongst a "Big Winner" as well as a "Big Loser" could be very small.
Let us say you might be a little stake Texas holdem gambler, your net earnings each month is about 5 per-cent of your bankroll. So if you started out with a deposit of one hundred dollars, first thirty day period you’ll go five dollars which would rise your bankroll to one hundred and five dollars, next calendar month $110.five and so on. To go from 100 dollars to 200 dollars takes among thirteen to fourteen months if your net earnings is 5 per-cent every month. What about when you began with 200 dollars? In thirteen to fourteen months, beginning with $200 and also a internet profit of 5 percent per 30 days, you’d have between 380 dollars – 400 dollars in bankroll.
This is another example, except here your internet profit is -5 % per thirty days and your deposit was 100 dollars. After a yr, your bank roll would have gone down to $50-$55, which is almost 50 per cent of your starting bankroll. Lets now say that you got a bonus of one hundred dollars, so your beginning bankroll would be two hundred dollars with the same internet revenue every month. Immediately after a yr now, you’d still have $108.
This is why bonuses are so critical when you start building your bank roll. Bonuses can turn a "Big Loser" into a "Small Winner", or a "Small Loser" into a "Big Winner".
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