Knowing when to Cash Out

Very rarely does a person get into poker for the pure enjoyment aspect of the game.  Instead, most poker players have one thing on their mind and one thing only: to win as much money as they possibly can before they quit the game.  But the thing is, no matter how much money a person makes playing poker they rarely ever bow out and just walk away altogether.

In fact, some people become so wrapped up in the fact that they can make quick, easy money with online poker that they start to lose reality with their finances.  This is why you see some of the best pros having to get staked and backed by others time and time again since they simply cannot get a handle on their spending habits.  Scotty Nguyen is one person that quickly comes to my mind when thinking of someone who could have left the game a long time ago and led a comfortable life.  Instead, it seems as if he is always playing to support himself no matter how much money he wins.

Jerry Yang, on the other hand, is pretty much the opposite of Nguyen since he made his money with the game after winning the 2007 WSOP Main Event and walked away.  $8.25 million richer, Yang chose to give some of his money to charity and use what was left of it to retire so he could spend more time with his family.  Now Yang mainly plays in small tournaments around his home in California.

To me it would be a big challenge to walk away from the game instead of trying to build your fortune, but it just seems like a lot of players get caught up in the poker lifestyle and go through the same cycle over and over again.  I know I’d be happier taking the Jerry Yang route.

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