Originally Posted by macs

I've got a 22 year old son who has quite an amazing talent when it comes to poker but he's finding it real tough listening to his old man when it comes to money management. I've seen him turn miniscule amounts of money in to thousands only to get up the next morning and see it gone.

I don't know much about poker but I'm sure the money management aspect is pretty similar to the strategies all you semi and professional punters use on here and I'd be real grateful for any comments, advice etc that I can show him from others rather than his ol' man being in his ear all the time. He just might believe a few people that have been there done that over many years.

The reason I ask right now is because he's very recently come to live at home again for a few months and because he wanted to pay his way whilst he was here (he lost his job and refuses point blank to go on the rock and roll) he threw me 50 bucks and asked me to put it in his 888 Poker account via my bank account which I did.

In less than 24 hours he's turned that in to $73K (I wouldn't have believed it either if I hadn't seen it for myself) so this time I'd love him to keep it rather than thinking he's 10 foot tall and bullet proof.

I know this is not about horse racing but I'd be very grateful for any money management comments so maybe he will listen to seasoned professionals.