Three Card Poker Money Management

Published: 17/06/2012

Because the only major card-playing decision made during a hand is “play or don’t play,” winning or losing at Three Card Poker often comes down to choices made in betting—how much to wager, where and when. Bankroll/chip management is therefore the true key to success.

A Three Card Poker “bankroll” is nothing more or less than the money a player can to risk during a session of play. Here, a “session” refers to a fixed period of time, whether it is an hour, an evening, an entire holiday, or any other length of time. Whatever the size of the bankroll, it should never exceed what the player can comfortably afford to lose in a given session.

Never make the mistake of playing at a table where the wagering requirements are too high. How big a bankroll is required to play at any particular table is not a matter of guesswork. It is a factor of the size of the bets that will be made on each hand.

As a general rule of thumb, the minimum wager amount should be multiplied by a factor of 50X or 100X. For example, when seated at £10 table, the required bankroll would be no less than £500 and as much as £1,000. With a bankroll of £2,000, a player can comfortably stake £20 or £40 on each hand.

In order to properly manage a Three Card Poker bankroll, one must set some realistic objectives. Those who seek to turn £500 into £2,000 at a £5 table are highly unlikely to succeed. Similarly, expecting to make a quick killing at the table, such as a goal of winning £1,000 in an hour at a £10 table, is almost certain to lead to disappointment.

A much more achievable objective might be to double one’s bankroll over the course of a full day of play. Lowering expectations increases the possibility of a positive outcome. Many players find that playing at the higher end of the bankroll range (100X) and aiming for a return of 50 percent leads to more frequently satisfying sessions.

This approach inevitably raises the question of what to do when the goal has been reached, especially if that happy circumstance occurs early in the session. Many players make a habit of pocketing the original bankroll and playing on with the winnings till the end of the session. On the other hand, temptation of having “extra cash” within easy reach is too much for many players, and they too often find themselves digging into their pockets and risk losing all that was gained and more.

The best course of action is to quit while ahead. End the session and leave with the goal accomplished. After all, the objective is to win a given amount, not to play for fixed period of time. A new session can begin at any time, applying the same money management techniques. Establish a new bankroll and objective for the time available.

An even more important aspect of money management when playing Three Card Poker is to stop wagering any time the bankroll becomes exhausted. Never head off to the ATM for replacement funds. Never take advances on credit cards or request casino credit for the sake of playing a little longer to recoup the losses. Setting limits for the bankroll in the beginning guards against overplaying, which could cause a financial dilemma. Once the bankroll is lost, the playing must end. Return to the table for a fresh session only after a new bankroll has been funded and a new objective set.

Published on: 17/06/2012

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