Champ or Loser
by Bo on May 8th, 2013
With out knowing the exact facts, it is easy to categorize gamblers into 3 categories:
- Big Winner
- Small Loser/Winner
- Big Loser
The huge mass of the gamblers is, of course, in the last category, "Big Loser". I would say that about ninety to ninety-five percent of the gamblers fits into this category. When reading "Big" you must read it as percent of the money won or lost. Even if someone just plays for $10 for his or hers entire life, wins and doubles it, is really a "Big Winner". You see, the individual bets ten dollars and comes out with 20 dollars, so his or hers web profit is 100 %. That being said, the difference involving a "Big Winner" as well as a "Big Loser" could be very small.
Let’s say you’re a little stake Texas hold em player, your net earnings each month is about five percent of your bankroll. So in the event you started with a deposit of 100 dollars, first calendar month you’ll go $5 which would rise your bank roll to 105 dollars, next four week period $110.five and so on. To go from 100 dollars to $200 takes between thirteen to fourteen months if your net profit is five per-cent every month. What about in case you started out with 200 dollars? In 13 – 14 months, beginning with two hundred dollars and also a web revenue of five per-cent each month, you would have between three hundred and eighty dollars – 400 dollars in bankroll.
This is another example, except here your web profit is -5 per-cent per month and your deposit was $100. Right after a year, your bankroll would have gone down to $50-$55, which is practically fifty percent of the starting bank roll. Lets now say that you got a bonus of one hundred dollars, so your beginning bankroll would be two hundred dollars with the exact same net earnings every month. Following a year now, you’d still have one hundred and eight.
This is why bonuses are so vital when you begin 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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