Re: Bankrolls of the Poker Youth
Im in the exact same situation as you are. Same age, except no loan, and I started playing poker in Dec 2004(which is probably the reason i have no loan) I keep poker strictly seperate from work money. During school poker is work and is used when I really need it, otherwise, I try to build it as high as I could. I never spent any of it until this spring/summer, when I bought my xbox 360 and my trip to the Bahamas...I use work money for tuition, and poker money for fun things like trips and video games. As long as you are very strict with limits that are maintainable with your bankroll, you will be fine. Cashing out 40% of your winnings probably isnt the best idea, you may be at 5BB/100 now, but dont count on that to last...you can expect to go through a nasty run at some point so be prepared by having a supporting bankroll. Bankroll management is one of the most important things in poker for university players, just make sure it doesnt get to the point where you are cashing out and then depositing back in with your own money. I put in $30 at the start and never put in any more.
|