Rahatis
Legend
Platinum Level
Lost two times my bankroll the first 1,5 year, then I deposited $50 and said to myself and a friend that was with me that if I lose these I quit poker. Although I was and am in love with the game from the first moment, I would quit for sure. Did it once with sports betting after two years of profiting but full addicted.
finaltable1
Legend
Loyaler
I'm not keeping any bankroll anymore, this is actually the stupidest move you can ever do. Keeping bankroll is good for the poker site but not good for the individual.
Withdrawing any wins and starting all over again from freerolls is what I do for past 3 years. Works well. Withdrawing an buying parts for my machines or new tools for my workshop, and doing some online investments. This is where I prefer to keep my bankroll, because it gives me stable profit with no risks.
First of all you must understand that money is a river, money must flow and generate new money. If your money are laying dead as a bankroll at some poker site then they're not river, they're smelly swamp. Depositing methods are instant, so you can top up your account with 1-2 clicks, so why do you keep money as bankroll at poker site? Remember what happened to FullTilt? It had no money to pay withdrawals.
I personally know a guy who plays poker and keeps his bankroll in different e-currency wallets, he provides e-currency exchange for a fee and his bankroll is growing day by day with no risks. And he's also playing poker with no risks, cause he's also growing his bankroll starting with freerolls.
There is a interesting word - diversification. If you can't split and control your money to have profit then you don't understand the meaning of this word. If you're getting broke in poker and have financial problems in your life - then you must learn how to take care about your money and learn how to let them work for you instead of working for the money. It's quite simple. One of the worlds top investors bough 6 bottles of Coca-Cola when he was very young and sold them for profit. Then he did it again and again. While his friends - other kids, bought toys and bubble gum to chew. This is a simple way to understand passives and actives. Toys and bubble gum are passives - they're not giving any profit, while buying Coca-Cola in one place where it's cheap and selling it in the other place, where it costs more - such processes are called actives. Actives are giving profit.
So the question is: Poker bankroll is one of your passives or one of your actives? If your bankroll is 10K, but you're using only 500 to play, then 500 is your actives, together with your poker skill it's the floating river of your profit, and remaining 9500 is a smelly swamp of your passives. Why not invest 9500 into something that also gives profit, but not realted to poker. Since these money are laying dead as pixels in your cashier window, it's better to see these money as profit generating machine. Or am I wrong?
Withdrawing any wins and starting all over again from freerolls is what I do for past 3 years. Works well. Withdrawing an buying parts for my machines or new tools for my workshop, and doing some online investments. This is where I prefer to keep my bankroll, because it gives me stable profit with no risks.
First of all you must understand that money is a river, money must flow and generate new money. If your money are laying dead as a bankroll at some poker site then they're not river, they're smelly swamp. Depositing methods are instant, so you can top up your account with 1-2 clicks, so why do you keep money as bankroll at poker site? Remember what happened to FullTilt? It had no money to pay withdrawals.
I personally know a guy who plays poker and keeps his bankroll in different e-currency wallets, he provides e-currency exchange for a fee and his bankroll is growing day by day with no risks. And he's also playing poker with no risks, cause he's also growing his bankroll starting with freerolls.
There is a interesting word - diversification. If you can't split and control your money to have profit then you don't understand the meaning of this word. If you're getting broke in poker and have financial problems in your life - then you must learn how to take care about your money and learn how to let them work for you instead of working for the money. It's quite simple. One of the worlds top investors bough 6 bottles of Coca-Cola when he was very young and sold them for profit. Then he did it again and again. While his friends - other kids, bought toys and bubble gum to chew. This is a simple way to understand passives and actives. Toys and bubble gum are passives - they're not giving any profit, while buying Coca-Cola in one place where it's cheap and selling it in the other place, where it costs more - such processes are called actives. Actives are giving profit.
So the question is: Poker bankroll is one of your passives or one of your actives? If your bankroll is 10K, but you're using only 500 to play, then 500 is your actives, together with your poker skill it's the floating river of your profit, and remaining 9500 is a smelly swamp of your passives. Why not invest 9500 into something that also gives profit, but not realted to poker. Since these money are laying dead as pixels in your cashier window, it's better to see these money as profit generating machine. Or am I wrong?
K
KoreasFinest213
Enthusiast
Silver Level
Ive gone broke multiple times. And that has all been to TERRIBLE BR Management. I was playing at stakes way to high for my bankroll. And after getting hit with a bad beat or 2, Tilt kicked in and the rest is history lol.
S
Smokewood
Visionary
Silver Level
Hi everyone!
Yesterday I did like 14hours aprox playing póker everything was good I started playing on 888Poker Spring Freroll , Roulette Freeroll in both i did the money $6.40 and $2.20 was not bad to start the day...after the midday I started to playing another Spring freeroll and I made the final table I finished 9th $16.60 I was really happy with the results $25.20 free money so I decided to play cash games micro limits 10c/20c in two tables ...after 6 hours session I made $25.20 to $166 for that moment nothing my idea was playing a little more and finish the day I already begin to feel tiredthen happens what we call a bad beat AA vs QK I flop a set and a donk player made a straight on the river paying me off flop and turn a gut shut...in one single hand I lost 60% what cost me more than 6 hours to build..
Never - deposited $500 two years ago. Never had to deposit again.
Crazyrider22
Enthusiast
Silver Level
Hi everyone!
Yesterday I did like 14hours aprox playing póker everything was good I started playing on 888Poker Spring Freroll , Roulette Freeroll in both i did the money $6.40 and $2.20 was not bad to start the day...after the midday I started to playing another Spring freeroll and I made the final table I finished 9th $16.60 I was really happy with the results $25.20 free money so I decided to play cash games micro limits 10c/20c in two tables ...after 6 hours session I made $25.20 to $166 for that moment nothing my idea was playing a little more and finish the day I already begin to feel tired
I got busted out on AKo yesterday. Went all in and lost to QQ. It’s hurt like a goodun but it was only a $4 loss.
I’m actually writing a blog post for it today and about how not to play AK.
Scott
Crazyrider22
Enthusiast
Silver Level
I always play cash games and only really went broke when I was starting out! It’s all about bankroll management!
Crazyrider22
Enthusiast
Silver Level
As you say, you need to stick to the limits of your bankroll and play within that.
Maikl113
Rock Star
Silver Level
Always periodically, all that you win, it does not matter what amount, with the same success the day did not work out, so you lose. Never in all the time playing online poker did not withdraw above $ 50. A couple of times brought and then also made a Deposit. The result is only negative.
Rui Ferreira
Visionary
Bronze Level
I have broken several times many times because of my mistake, others because of some unexplained bads, others because of fatigue too, but there are majorities of those that increase the buy in and try more expensive games that are not used to playing
Crazyrider22
Enthusiast
Silver Level
Too many times than I'd like
Lol giving up being broke or playing better?
blanktheman
Visionary
Silver Level
Hi everyone!
Yesterday I did like 14hours aprox playing póker everything was good I started playing on 888Poker Spring Freroll , Roulette Freeroll in both i did the money $6.40 and $2.20 was not bad to start the day...after the midday I started to playing another Spring freeroll and I made the final table I finished 9th $16.60 I was really happy with the results $25.20 free money so I decided to play cash games micro limits 10c/20c in two tables ...after 6 hours session I made $25.20 to $166 for that moment nothing my idea was playing a little more and finish the day I already begin to feel tired
i'm sorry that happened to you, i've lost count how many times i went broke. I actually quite poker for a few years because of it. Since i been back in about 2016, i did eventually get better. Keep going and you'll also get better.
Crazyrider22
Enthusiast
Silver Level
Mortis71
Visionary
Silver Level
I dont know how many times i went broke, I was like you build a roll the day your playing and lose it all later on because of "tilt", buuuuttt we learn from our mistakes and move on, I myself have never made a deposit on these sites, my roll is from freerolls.
1. know when to stop
2. game selection(this should be first, idk why i put it here?)
3. stay away from cash games on 888, really
4. Mental state
1. know when to stop
2. game selection(this should be first, idk why i put it here?)
3. stay away from cash games on 888, really
4. Mental state
T
timz10
Enthusiast
Silver Level
dont feel bad you made money on free rolls i dont like to play that many hours but play cash games every day i play 20 a week going up limits if im wining i am also playing short deck so hands get a littel fierce but it doesnt matter if you keep getting better come play 6+ at acr youll see me thereHi everyone!
Yesterday I did like 14hours aprox playing póker everything was good I started playing on 888Poker Spring Freroll , Roulette Freeroll in both i did the money $6.40 and $2.20 was not bad to start the day...after the midday I started to playing another Spring freeroll and I made the final table I finished 9th $16.60 I was really happy with the results $25.20 free money so I decided to play cash games micro limits 10c/20c in two tables ...after 6 hours session I made $25.20 to $166 for that moment nothing my idea was playing a little more and finish the day I already begin to feel tired
