by iceman5 » Wed May 11, 2005 9:53 pm
Aisthesis and I had a discussion a while back when I first hit my target of $10K. It was probably about 8 months ago. I told him that it would be cool to be able to take out a portion of my winnings each month and have an extra $800 or so to spend each month.
I live quite a ways below my means (without poker money) and Im pretty frugal by nature. When we had that discussion, I never dreamed I would have $2k, $3k, $4k or more each month available from poker.
So when I say my roll is $40k, that includes the "spendable" money that is sitting in my poker bank account that I just havent gotten around to spending yet.
My actual poker roll that is at poker sites is about $14K, which is still plenty enough to play $600NL or even $1000NL with my playing style.
Unlike Droqqa, I dont need the rush of higher stakes to fuel me. And I dont have any desire to call myself a "high stakes" player either. I play $5/$10 now and then. I played some today as a matter of fact.
I probably hate losing more than anyone else I know and even though $1000 is a small amount in comparison to my bankroll, to me its still $1000. I dont like losing $1000.
When I play $1000NL, I dont back down because of the stakes and I dont play scared, but just the same, I REALLY dont want to lose that much, and I dont need to win that much either so I just dont play that high very often.
I may change this approach sometime soon though. I think I play as well or better than 75% of the guys playing the $5/$10 tables so I think I should probably be playing there full time and thinking of a $500 loss as a 1/2 buy in loss instead of $500.
I played great today (meaning I dont think I made a single mistake), but I got outdrawn several times and then I ran into 4 sets in 30 mins, then I lost my connection which cost me about $100 when my hand folded automatically when I didnt respond, so I lost about $225 for the day.
Playing $5/$10, I wouldve been down over $1000. Thats nothing as compared to my roll, but I still get bothered by losing $225. I think about it for several hours when I lose that much.
My disclipline definately helped me get to where I am now, but it also could be holding me back now. Or maybe Im just a wuss.
iceman5
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