Bankroll Building Skills – Acceptance

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Anders | Poker Articles, Poker Bankroll Building, Poker Bankroll Management

This article is a part of the Poker Bankroll Management series.

In the series of articles describing necessary skills required for good Bankroll Management at PokerBankrollBlog.com the personal skill – acceptance – will be the next skill I will go into depth with. To know what I refer to when I say acceptance a definition of acceptance is necessary:

…the act or the process to perceive reality accurately and consciously acknowledge what is perceived without resistance or aversion to what is……

In the game of poker, acceptance is important in two areas. Failure to acknowledge where you stand right now in terms of your poker skills will most probably hinder improvement in that area. Bankroll management is the other area where acceptance is important.

Why is acceptance important in Bankroll Management?

It is a known fact that even the greatest poker players experience prolonged periods with losses – so it will most likely also happen to you. It can be hard to accept the realities, especially if you are experiencing a losing streak against the probabilities (also known as being unlucky). As a poker player it is important to realize that everything can happen and will happen – it’s only a question of time.

Without accept you go into denial and lose your common sense. If you don’t accept that the improbable will also happen to you – you will risk tilting and jeopardizing your Bankroll. The ability to accept any outcome at the poker tables will faster return your common sense to you after adversity and consequently you will regain the balance of your game.

How is acceptance developed?

The answer sound obvious – just accept the realities as they are…..but some times it’s not that easy. In a period with prolonged losses and bad beats your mental state will probably be different to your state of mind while you read this post. As I see it there are two ways to help you accept undesired situations.

Change your cognitive perspective by seeing the game as simulation over time. If you are in an very unlucky poker period with bad beats you almost won’t believe in – a simple sentence like “In the long run bad beat hands will bring you lots of money if the same cards before the bad beat where dealt again” might help soften your tilting propensity.

I think acceptance is developed much like your muscles. With training they get stronger and able to cope with even more resistance. The things that were heavy to lift in the past are now very easy and won’t require much effort. The same with losses at a certain level – the more you get used to them the less bothered you will be with down periods. When you start moving up in limits and the potential losses get larger – they might be harder to cope with. But as you settle yourself at the higher limit for a longer period you will get used to the losses at that level and you will be less bothered with them again.

Knowing yourself and this process will help you through the tough periods.

Other articles in this series:

 

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1 Comment to Bankroll Building Skills – Acceptance

Sue Massey
June 26, 2008

I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

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