Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > General Poker Discussion > Beginners Questions
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 08-30-2007, 05:34 PM
TheBad TheBad is offline
Senior Member
 
Join Date: Jul 2007
Posts: 369
Default Be honest: How often did you go broke ?

Be honest: How often did you loose your complete bankroll ?

I´ve lost my initial 50€ buy-in 4 times in the last 3 months. I just had a big downswing/tilt, but this time i have enough left to build it up again.. How many tries did you need to buid a solid bankroll (1k+) ?
Reply With Quote
  #2  
Old 08-30-2007, 06:24 PM
xxGreat1xx xxGreat1xx is offline
Senior Member
 
Join Date: May 2007
Location: donking off chips
Posts: 396
Default Re: Be honest: How often did you go broke ?

once. deposited $50, lost it in about a month then re deposited 200 and haven't deposited since. Got it up to ~1100 then cashed out 800 now its back to about 650
Reply With Quote
  #3  
Old 08-30-2007, 06:30 PM
pzhon pzhon is offline
Senior Member
 
Join Date: Mar 2004
Posts: 4,515
Default Re: Be honest: How often did you go broke ?

[ QUOTE ]
Be honest: How often did you loose your complete bankroll ?

[/ QUOTE ]
Never. I never even lost my balance, which should be distinguished from a bankroll. I started with play chips, then hit a royal flush jackpot which gave me $5, took that to $0.01-$0.02 limit (with two $0.01 blinds), NL $2, $5 SNGs, $10 SNGs, and then moved $500 to Party, where I made the final tables of my first two MTTs to reach $1000. This took 2 months.

The most dangerous time was when I was playing NL $2 (buying in for $1) with a balance of $8, and I didn't know how to play NL yet. I had played MTT freerolls, but cash games were different. I think I was a winning player from the start at everything else. Being a winning player is very important for avoiding going bust.

After I hit $1k, I started clearing bonuses by playing $1-$2 limit, and hit $10k in about 3 more months. Then I moved to NL $100, where I again started to win more from my play than the bonuses.
Reply With Quote
  #4  
Old 08-30-2007, 06:54 PM
bakadan bakadan is offline
Junior Member
 
Join Date: Jul 2007
Location: London
Posts: 26
Default Re: Be honest: How often did you go broke ?

lost $100 twice...

started reading 2+2 and following a bankroll management plan.

things now are sweet - still not at 1k yet still at NL10 so little way to go yet!

KEY:

1 - play within your bankroll
2 - work to plug your leaks
3 - DISCIPLINE
Reply With Quote
  #5  
Old 08-30-2007, 08:38 PM
lucky_mf lucky_mf is offline
Senior Member
 
Join Date: Oct 2006
Location: pimpin TAGs, LAGs, and donks.
Posts: 957
Default Re: Be honest: How often did you go broke ?


I'll be honest. I probably lost 10-20 initial deposits of $50, a few of in the $300 range, and 20+ at $500. This is over the period of 4-years. Even though I lost all this money I managed to play a lot of poker and eventually got to the point where I can turn a nice profit. Today I'm well in the black.

Lucky
Reply With Quote
  #6  
Old 08-31-2007, 12:55 AM
phydaux phydaux is offline
Senior Member
 
Join Date: Nov 2005
Location: Pre-Flop Razor
Posts: 2,016
Default Re: Be honest: How often did you go broke ?

Deposited $90.00 a year ago. Lost half of it in less than 500 hands.

Moved down, kept at it, made adjustments. Now I'm consistently winning.
Reply With Quote
  #7  
Old 08-31-2007, 01:21 AM
timmay28 timmay28 is offline
Senior Member
 
Join Date: Mar 2007
Posts: 237
Default Re: Be honest: How often did you go broke ?

Lost a few $50 deposits, once won $2500 in a partypoker mtt then proceeded to blow 3/4 of it in cash games before I withdrew. I quit poker after that for about a year, then got back into it and read more books. I do ok for myself now..much more disciplined... not rich by any means but am profitable enough to pay college tuition.
Reply With Quote
  #8  
Old 08-31-2007, 01:59 AM
raze raze is offline
Senior Member
 
Join Date: Nov 2005
Posts: 2,561
Default Re: Be honest: How often did you go broke ?

Never man, but I got seriously lucky on a very tiny bankroll and then smartened up later
Reply With Quote
  #9  
Old 08-31-2007, 02:03 AM
Jeff_B Jeff_B is offline
Senior Member
 
Join Date: Jul 2005
Location: I need Patience NOW
Posts: 2,846
Default Re: Be honest: How often did you go broke ?

<- busto
Reply With Quote
  #10  
Old 08-31-2007, 08:00 AM
Quicksilvre Quicksilvre is offline
Senior Member
 
Join Date: Jul 2005
Location: Clinging to the binomial theorem like a drunk to a lamppost
Posts: 3,482
Default Re: Be honest: How often did you go broke ?

I've gone busto once.

I started my real-career at WPEX, where I got $12.50 for winning a freeroll. I ran that up to $34 playing $5.50 five-handed SNGs before chickening out. (To be fair, I was crazy under-rolled and the action on WPEX is awful.)

Next I moved to Party, where I deposited $50 (my only deposit so far) to collect a bonus. Over about three months I made $255 total (including the $125 bonus) while playing only about 100 hands per day. Problem was, I kept cashing some of my money out whenever I had even hints of profit, so I never built up a proper bankroll. I eventually took a shot and lost it. Still ran a profit though.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 10:35 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.