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Old 09-14-2007, 05:59 AM
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Join Date: Jan 2005
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Default Re: Panic withdrawals depleted my bankroll

Not out of panic, but just because I like spending money, I've taken out around $25k. This was fine when I was running hot for the first year of playing MTTs and I had some nice holidays. I kind of regret it now. I'm very tight about depositing and thus it's taken three months to build my Stars roll up from $0.50 and 4500 FPPs to $1k, playing much less than I used to.

Obviously, in terms of furthering our poker career, withdrawing large chunks of a BR because you don't 'get' variance is a very bad idea. OTOH, spending $25k of tax free moolah on holidays and flatcreen tellies etc. is kind of fun so I don't really have any regrets. That said, it's been an important lesson to learn that playing really, really well and trying really really hard doesn't mean that you're going to win every MTT you enter - which was how it seemed when I started.
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