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  Poker - Any college students here?
 
  #1  
04-02-2008, 9:09 PM
Bentheman87
CardsChat Elite
 
Posts: 796
Any college students here?

I've got a bit of a decision to make. I'm a sophomore in college and I had to take out several thousand $s from my full tilt account to pay my bill for last semester and to pay for books this semester and for a few other reasons. I had like $1000 only in my bank account but thousands of $s in my Full Tilt account so I withdrew almost all of my bankroll. I haven't made a deposit since and now I've only got about $200 in my bankroll. But just today I got my scholarship and a few days ago my loan finally disbursed. Should I transfer a couple thousand back to my Full Tilt account and start playing higher stakes or should I keep my money "safe" by keeping it in the bank? Remember, I'm a poor college student, is anyone else in a situation like this?
 

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  #2  
04-02-2008, 9:16 PM
WVHillbilly
Senior Azzhole
 
Location: Almost Heaven
Plays at: Full Tilt
Posts: 2,689
Not in the same situation, but my advice, for what it's worth would be to try to build from your current bankroll and not redeposit. If you were a senior I'd say go for it but since you've got a few years left your academic future should be more important.
  #3  
04-02-2008, 9:16 PM
KingCurtis
Wallet Warrior
 
Location: Final Tables
Plays at: PokerStars
Likes: Holdem ldo
Posts: 5,668
well i am a poor college student also lol....but i think you should not put the money back in keep it safe....see what you can do with 200$ anything can happen you could slowly but surely bring your BR right back up with discipline!
  #4  
04-02-2008, 9:30 PM
thielcats
Amateur Member
 
Posts: 68
Im also a college student.....keep the money safe man. You can do alot with 200 dollars playing online poker.
  #5  
04-02-2008, 9:40 PM
Steveg1976
Woohoo, I am Done!!
 
Plays at: PokerStars
Posts: 1,805
I am also a college student. Look at this as an opportunity to test your self dicipline. DO NOT redeposit the money and build off what you have, it may teach you in the long run to be a better player than you are now and is an excellent opporunity to exercise propere bankroll management. Good Luck what ever you decide to.
  #6  
04-02-2008, 9:43 PM
pantin007
CardsChat Elite
 
Posts: 4,497
im not a college student
i think u should put some of the money in da bank, u never know when u will need it and u get a bit interest with it
secure some funds in the bank and put a few hundred on the poker site if u really feel like playing higher stakes
  #7  
04-02-2008, 9:55 PM
NoWuckingFurries
CardsChat Elite
 
Posts: 1,741
Don't give the money back to Full Tilt (and no, I'm not a college student)
  #8  
05-02-2008, 1:09 AM
HartAttack3
CardsChat Regular
 
Location: Charleston SC
Plays at: Full Tilt
Likes: Holdem
Posts: 659
im with pantin, put a couple hundred if u really need to play higher stakes, other than that put it in the bank or take a risk with stocks :-D
  #9  
05-02-2008, 3:59 AM
zachvac
Tenbob Curse Victim
 
Location: Cleveland, OH
Plays at: Pokerstars
Likes: NL Hold 'em
Posts: 5,397
I'm a college student, got a couple thousand in the bank from working and live poker, decided to just deposit $100 at the beginning of the year and work with that, and you can see below how that's going. If you're used to the high limits I could see putting some of the money back on full tilt but I'd definitely keep some of it for spending money, school money, and just plain backup money.
  #10  
05-02-2008, 4:02 AM
arkadiy
CardsChat Elite
 
Location: Memphis
Plays at: FullTilt
Likes: Hold Em
Posts: 2,385
Keep it in the bank for safety, if you go broke online just deposit $200 again and try to build. If you deposit 5+ times and still can't break $1k, then maybe you shouldn't deposit for a while :P
  #11  
05-02-2008, 4:12 AM
PuffinNugs420
Amateur Member
 
Location: Alabama
Plays at: Full Tilt
Likes: OmahaHI
Posts: 60
Keep it low

Im also a college student and ive been there bro. i wouldnt put too much back into your online acct. just put a minimal amount back in there and see how you do with that. but i wouldnt put too much in there if i was strapped for cash. just make small deposits and see how you do
  #12  
05-02-2008, 4:31 AM
PoochMasterFlex
Advanced Member
 
Location: New Jersey
Plays at: FullTilt
Likes: Holdem
Posts: 149
u got money, bet it all
  #13  
05-02-2008, 5:22 AM
phisig6057
Junior Member
 
Location: Baltimore, MD
Plays at: Ultimatebet/Fulltilt
Likes: NL Holdem
Posts: 47
I agree with most of the other posters. I'm not a college student anymore, but a $200 bankroll is definitely enough to get you started. Keep the rest in the bank anf re-deposit only if you have to. Building a bankroll from a low starting point is a great excercise and teaches some essential skills aside from playing a good game.
  #14  
05-02-2008, 6:27 AM
IamBP
Expert Member
 
Location: Winona, MN
Plays at: Sportsbook
Likes: HORSE
Posts: 254
I would say see what you can do with the $200. If I was in your situation, that is what I would do. Especially because I know the profession I am going in to is not the highest paying. If the $200 starts to disappear, you can always deposit again. However, I would say use the money to pay your bills first. You are in a situation a lot of college kids would love to be in.
  #15  
05-02-2008, 7:02 AM
wsorbust
Custom User Title
 
Plays at: Stars
Likes: Ya naked
Posts: 1,976
There's still time to go buy Disney. Go!
Wall-E in theaters this summer! You can't lose! (you can lose, but it's highly unlikely)

P.s. Put it in the bank
  #16  
05-02-2008, 10:18 AM
AlexeiVronsky
Expert Member
 
Location: San Fran, Cali
Plays at: Full Tilt
Likes: HORSE
Posts: 260
I'm going to go with invest the money in Indian index funds, I've got the feeling they're going to boom and USD's just gonna keep getting weaker. Or buy gold and hoard it. Hoarding gold's always good.
  #17  
05-02-2008, 3:42 PM
KingCurtis
Wallet Warrior
 
Location: Final Tables
Plays at: PokerStars
Likes: Holdem ldo
Posts: 5,668
Quote:
Originally Posted by PoochMasterFlex
u got money, bet it all
this is awesome....and i think your the only one....although i think it is awesome you say this...more funny than awesome but i do not agree
  #18  
05-02-2008, 4:01 PM
pigpen02
CardsChat Elite
 
Location: Albany, Georgia
Plays at: FTP & PS
Likes: holdem
Posts: 2,897
You should only (play poker)* with money you can do without for long periods of time.

*This applies to the stock market and other long term investments. If you are going to need it in a set amount of time, put it in the bank**.

**Or other liquid instrument to include credit unions, bonds, etc.
  #19  
05-02-2008, 7:11 PM
wsorbust
Custom User Title
 
Plays at: Stars
Likes: Ya naked
Posts: 1,976
Forget Disney! Buy Drugs!
  #20  
05-02-2008, 7:22 PM
AlexeiVronsky
Expert Member
 
Location: San Fran, Cali
Plays at: Full Tilt
Likes: HORSE
Posts: 260
Quote:
Originally Posted by wsorbust
Forget Disney! Buy Drugs!
He makes a good point the investment potential for drug resale in college is huge.
  #21  
05-02-2008, 8:09 PM
wsorbust
Custom User Title
 
Plays at: Stars
Likes: Ya naked
Posts: 1,976
 




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