How much have you supplied to the poker economy?

Standout

Standout

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i am now broke and in feeling like a total loser, i'm curious as to how much you guys have contributed to the poker economy before you started winning? or if you're still down, how much? i've lost a little under 5 grand since i started playing poker and it's basically been my whole banking account.

btw, i have like 2 dollars left on bodog, not sure what to do with it. so how bad was it for you until it turned around?
 
Egon Towst

Egon Towst

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In my first 3 months playing online, I went down about $250 before I started pulling it back again.

Although I didn`t realise it at first, a lot of the reason for my losses was crap bankroll management. My $250 was spread around 7 different sites, so that I didn`t really have enough at any one site to withstand the swings. Basically, I was having fun trying out the different interfaces and generally fooling around with the novelty of online poker.

It was only when I started to get more serious, made some spreadsheets and got Poker Tracker and started doing some analysis, that I realised I needed to be a lot more disciplined.

I soon turned it around. I`ve been playing online 2 years now. My primary motive is still fun, I have no ambition to be a pro, but I study the game and play a couple of hours most days. I find it relaxing and it`s a rare month when I don`t make at least $100 profit. There are very few hobbies that bring money in that way as well as being fun, so I am well content.

Bankroll management is key, and make sure you study your hand histories (with or without Poker Tracker) and learn from your mistakes.
 
pokernut

pokernut

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I actually won a couple hundred in my first couple of months playing. Then I went on a swing of losing about 5-6 hundred with horrible bankroll management also a major contributor. I would move up levels to try and get back losses (yes....incredibly stupid).

Since then I have won most of it back and am actually up a couple hundred for '07.

I never put much stock into bankroll management, but since I have it has really really helped me.

The other thing that has helped me is tracking my play. Now I know exactly what i'm winning and losing. I don't know why this helps but since starting it I have been winning consistantly so it has to be doing something to my psyche.
 
JimboJim

JimboJim

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I deposited $20 and final tabled my first tourney. Ended up losing all of that got a $20 stake, lost that and deposited $50 which I'm about half way through. Not bad considering how much I play.

If you wanna talk home games..hehe...I'm up a lot. I'm about the best in my crew and I love it because I play with all the 'country club'- 'trust fund' boys. I've left with over $1,000 in my pockets before and I hardly ever leave a loser.
 
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Springfield_Poker

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My first year playing, I was playing on 5 different sites AP, pokerstars, PARTY, TITAN, something else. I was depositing about 200 a day and depleted my bank account of a little over 9000.00 I couldn't manage a bankroll to save my life and it didn't matter if I was winning or losing I would play 18 hours a day.

I am now up after learning my lesson and have recovered all that I lost plus about 57,000 more
 
Stefanicov

Stefanicov

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I went down about 250 like egon when i first started but for different reasons i was rubbish. Then i got lukcy and won back everything i had lost and cashed it out so was bhack at zero i have done this a couple more times but now have cashed out my initial investment and some and still have a roll big enough for the games i play .
 
T

the knob

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i am now broke and in feeling like a total loser, i'm curious as to how much you guys have contributed to the poker economy before you started winning? or if you're still down, how much? i've lost a little under 5 grand since i started playing poker and it's basically been my whole banking account.

The first thing to ask yourself is if the $5K you have lost playing poker would have been spent better elsewhere or if you consider it entertainment money. Also, over what time and in what size deposits have you lost the money? Poker is not for everyone, you need to decide if it is for you or not.

My story - deposited $50 or $100 on party poker a few years back, played around with that for a while. Deposited another small chunk on Pacific to get a chip set through a refer-a-friend promotion, then started bonus whoring the smaller Prima rooms. Played basically break-even poker the first couple rooms, then started winning a bit here and there. Cashed out my two deposits after a while and haven't looked back since.
 
joosebuck

joosebuck

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first 6-8 months i played was a losing player. learning bankroll management is a must. then you can be terrible and get more lessons out of a deposit when learning instead of depositing $200, playing a $200NLHE max table and losing it all each time only getting one real lesson.

bankroll management > *
 
Standout

Standout

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ok well my story is that like 1 year ago, i deposited like 50 to 150 dollars every other week. I didn't have the slightest clue about bankroll managment and played .25/.50 or .50/1 dollar blinds with 100 dollars. I obviously am not that bad at poker and coupled with running good, sometimes i'd run that into a couple hundred dollars before eventually bad bankroll management caught up. This was the case for about 6 months, until I entered college in 2006 September and I realized that I'm depositing too little money.

So i deposited 400 dollars, the most ever and i blew threw that in a couple weeks. Once again, poor bankroll management. One night, i went down to 3 dollars, which was a low point, but over the course of less than 2 weeks, those 3 dollars turned into almost 700 dollars. I was on cloud 9, feeling invincible. Then slowly that went down the drain. In October, I deposited 1,000 dollars which went down to about 300 but then I focused and brought that up to 3,000. Once I hit 3 grand, I cashed out 2 thousand and proceeded to lose the thousand still left. It was only a matter of time before I put the 2 thousand I cashed out back in and sure enough, last December I put it back in.

I lost that in a matter of 2 weeks and from then on, managed to deposit about another grand and some change. I just started realizing that I need more than 20 buy-ins for a nlhe game and starting to learn proper bankroll management.

Anyways, I found this neat site called pokersourceonline where they said they will give you 100 dollars to play at a site as long as you play the amount of raked hands. I was so excited because I thoguht I can do it, but then it said that I must be at least 21 years old. what a bummer.

Does anyone know of any other site which spots you some money and all you have to do is do complete their requirements, usually playing x amount of raked hands? Or unless someone wants to stake me... heh after I prove to them of course
 
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