Had to cash out everything... again

J

jeffred1111

Visionary
Joined
Apr 16, 2007
Total posts
792
After cahsing out some (ie. most) of my roll to pay for urgent expenses in October, I had to cash out ALL of it (nearly 6 hundos) again this week because:

a) I sprained my knee badly on the job and it looks like I won't be able to work for 3 months (and the governing body that pays a % of their salary to injured workers is hella slow, like 1-2 months). We are also having the best winter in 10 years here and my job is... ski coach.
b) I puked blood after taking too strong medication togheter (thanks Tramacet right after Benylin cold) and the pills that help me recover are also costly.
c) Christmas is coming.
d) My car broke down again.

At least I don't live in a counrty plagued by war, but a break would've been nice since I was looking at poker as a nice hobby/income in the next year and now it's looking like I'll be grinding the 70FPS and then the micro SNGs once more...
 
Fat Stu

Fat Stu

Guest
Joined
Nov 11, 2007
Total posts
88
Hope you get better bud. Missus is on about me withdrawning my poxie bankroll, as I said if we need it then fair do's, some things are more important than poker.
 
Chris_TC

Chris_TC

Cardschat Elite
Joined
Apr 11, 2007
Total posts
925
The problem with cashing out your bankroll is that you're missing out on so much profit. The absolute profits increase exponentially as your bankroll increases.

Turning $5 into $50 wins you a massive $45 while turning $500 into $5000 wins you $4500.

I understand that you may have no choice. But instead of cashing it all out, leave yourself at least with $100 or something. Rebuilding from there just makes so much more sense.
 
DaFrench1

DaFrench1

Visionary
Joined
Aug 1, 2007
Total posts
578
a) I sprained my knee badly on the job and it looks like I won't be able to work for 3 months (and the governing body that pays a % of their salary to injured workers is hella slow, like 1-2 months). We are also having the best winter in 10 years here and my job is... ski coach.
b) I puked blood after taking too strong medication togheter (thanks Tramacet right after Benylin cold) and the pills that help me recover are also costly.
c) Christmas is coming.
d) My car broke down again.


I would have had these as good reasons NOT to cash out and play more! especially a and d.

On the bright side if bad luck does come in three's then you've pretty much paid your penance! :)
 
J

jeffred1111

Visionary
Joined
Apr 16, 2007
Total posts
792
What I'll probably do is redeposit around 400 once everything comes back to normal and go back to grinding .50/1 LHE. Should be back to where I was in a month or two.
 
KingNothing4

KingNothing4

Rock Star
Joined
Sep 12, 2007
Total posts
382
damn sounds rough! hope everything turns around for u this holiday season, would suck for the luck to keep going the way it is!! and sucks u had to cash out cuz thats something i figure i would be doing alot of, is playing poker if i got hurt or w/e wher i couldnt be active...
 
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