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Confessions of an Undisciplined Poker Player

The all important concept of not going broke.

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Confessions of an Undisciplined Poker Player

Postby Sully » Thu Jul 21, 2005 8:58 pm

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Postby rdale » Fri Jul 22, 2005 8:14 am

I wrote down my plan on bankroll management and discussed it with friends that play. There is a certain amount of risk you should be willing to accept, but at the same time a safety net of funds to account for short term luck. Which is basically what you are doing, by posting here.

Blade at UPF had a good bankroll management plan for starting low, but higher than you are now. I would take a look into his thoughts on the way to play your money, build your roll and still get to spend the fruits of your labor, it seemed really balanced.
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Postby k3nt » Fri Jul 22, 2005 9:27 am

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Postby Sully » Fri Jul 22, 2005 10:39 am

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Postby iceman5 » Fri Jul 22, 2005 10:53 am

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Postby Sully » Fri Jul 22, 2005 3:18 pm

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Postby Cactus Jack » Sat Jul 23, 2005 4:48 am

"Are the players better as the stakes go up? It's not an exam; it's a buyin." Barry Tanenbaum
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Postby Sully » Sat Jul 23, 2005 10:59 am

I appreciate your concern for my money issues. But I can tell you, there isnt a need for concern. Like i said, I do not play with money I can't afford to lose. I don't consider myself a candidate for GA, and I have looked at the website.

I think I have a lack of respect for poker over the internet, because I am not physically playing with money. When I play live and I buyin for $100 in a .5/1 game I feel waaaaaaaay more nervous than I EVER have when I sit down at high stakes online. And that is because when I play live I have to physically put the money on the table, and online it is just a digit on the screen.

I posted my past experiences in hopes to start with a new feeling towards internet poker. By telling other people how I played irresponsibly before, I hope to embarass myself into playing a conservative game. I can see that you guys may look at my first post in this and look at me as someone who has a gambling addiction. But I can count on one hand the times I played 5/10 NL. When I played outside of my bankroll before it was normally 1-2 limits higher than my bankroll allowed. A winning day was great, but as soon as I started losing it sucked worse than winning.

Cactus Jack- I like the idea of just improving my game and disregaurding the limit. I have tried it before but from now on I will focus all of my energy into playing well, and forget about the money. I am getting excited to play again, even though I will only be playing the lowest limit possible, .01/.02 NL. I will only play when I feel like playing now, instead of forcing myself to play.
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Postby Stoneburg » Sat Jul 23, 2005 3:37 pm

If you set up rules for yourself and then start a poker journal where you will honestly report your actions, you'll probabky find it easier. Once you have to be open about it it's hard to keep making stupid mistakes. We're social animals... we all want the respect and love of our fellow human beings, so if we're letting ourself be monitored we will usually behave much better.
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