| This is a discussion on An exercise in Proper Bankroll Management within the online poker forums, in the General Poker section; So after nearly 2 years of strict play money ventures on Pokerstars and several other sites I finally buckled and started Real Money play online.. ... |
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| An exercise in Proper Bankroll Management So after nearly 2 years of strict play money ventures on Pokerstars and several other sites I finally buckled and started Real Money play online.. A (to remain anonymous) donor hooked me up with $10 in real money on Pokerstars.. I promptly lost all that within 5 days.. Then i lost three different $25 dollar deposits in the span of less than a month.. Finally, I decided enough was enough.. I seriously took a long hard look at the limits I was playing and realized that while I was playing near my actual bankroll I was playing well above my online bankroll.. My Stars account showed a little over $2.. One more $25 deposit was all I was ever going to make..Not because I couldn't afford it, but because I was determined to play smart and stay within my online bankroll.. Here we are a month later and this is how my Sharkscope graph looks: Notice the huge downsing at nearly 50 games played..I've grinded and grinded the $1 dollar STT's exclusively since then to nearly get myself back to even.. My PS balance right now is $104.. I will not move up to the $5 STT's until my balance reaches $150; actually make that $170 because I am going to send my original donor double the money he sent me to pay him back.. I will no longer be risking more than 3% of my roll on any tournament (a la Chris Fergusons' online experiment).. Any advice in general would be greatly appreciated..Thanks in advance! Last edited by RiverNoHelp : 17th August 2007 at 6:24 PM. |
| Play Texas Hold'em Online Poker | An exercise in Proper Bankroll Management | |
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| re: An exercise in Proper Bankroll Management poker Good job man. keep it going. In addition to being economically rewarding,practicing proper BR management is a good lesson in self discipline, and a fun challenge to one's self. It seems we had this discussion once before; yo like to play Omaha8, right? |
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That's correct.. I love Eight or Better.. Haven't played it too much for money though since no $1 S&G's are available..Did play a few $5 S&G's during my improper BR stage though..Hence my roll troubles.. |
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Number of Posts: 8
Number of Authors: 5