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Old 07-04-2006, 10:44 AM
KingsTown KingsTown is offline
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Join Date: Jan 2006
Posts: 171
Default Bankrolls of the Poker Youth

I'm a 21 year old law student who has just finished my 2nd year at uni. I've recieved a £5100 interest-free loan from the government for each year (this will continue next year) and have a £1500 interest-free overdraft on my student bank account. My student loan doesn't have to be paid back until after uni when I'm earning.

The remaining £300 of my overdraft should cover me until I recieve the first installment of next years loan as I'm living at home with my parents for the summer.

I deposited $150 in my poker account at the beginning of May. It's now up to around $750 (exc. the initial $150 deposit which I have withdrawn back into my bank account.)

I started playing $.5/1 limit and moved down to $.25/.50 briefly when my bankroll dropped to $100. My BB/100 hands at these micro limits was over 5.

When I reached $500 I started multi-tabling the $25 NL 6-max tables.

My winning play justifies me continuing to move up limits, but my financial situation makes me think maybe I should be withdrawing money on a regular basis ... ?

I'm stuck between two ideas. The first is to withdraw $400 every time I reach $1k. The second is to continue to build my bankroll until I'm winning at $50 NL 6-max and then start withdrawing (hopefully at a quicker rate.)

I'm interested to know how others at uni/college deal with their debts and build their bankroll at the same time. Do you just get part-time jobs to cover your expenses and keep your poker winnings seperate?
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