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Namkce Bankroll Journey - Live Poker Forums

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Namkce Bankroll Journey

The all important concept of not going broke.

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Namkce Bankroll Journey

Postby Namkce » Fri Dec 31, 2004 8:10 pm

I am relatively new to poker and started playing just last year. I've been fortunate to be up from the beginning of my little poker career.

During the summer, I finally made a jump from home games to internet poker. I made a 50 dollar deposit... and worked it up to about 120 dollars before going bust. So... I made another 50 dollar deposit... this while on tilt, and I lost it quickly. So I waited a month, and then made one more deposit of 50. I worked that up to over 160 before letting some personal problems out side of poker effect my play and losing it all again.

So what do you do when you're out 150 bucks online? You look at why it happened. I realized that I was playing at limits my bankroll wasn't able to support. I was hoping to make big money all in one big shot. Sort of like how people buy lottery tickets in hopes to win millions rather than thru education and dedication to work.

I realized that if I was going to make money in poker, I would have to play smart, within my ablities, and within my bankroll. To be successful, I needed to stick to my guns. I realized that Limit Poker was where I could learn the most, and profit the most over a long period of time. I looked around to find micro limit poker sites that could support my small bankroll. Pacific Poker answered the call with their .05/.10. They even gave me ten dollars for free to play without even making a deposit!

Thus began my mission to turn 10 dollars into 7,000 in one year, by playing limit poker, and correctly sticking within my bankroll. I started the mission in November, and I've seen first hand how swings can be, as December was a tough month for me until christmas.

I invite you all to watch my progress from my Pacific Poker Bankroll Page at From there, you can see exactly where I am each week. The ups, the downs, and the charts. It's going to take a while, and I know it's not going to be sexy to be playing at micro limits. However, I eventually hope that I will be the guy who can happily say he took 10 dollars and cashed it out at 5 grand a year later, rather then the guy who took 10 bucks and built it up to 5 grand in a few weeks and lost it all on one hand. :)
- Namkce
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Namkce
 
Posts: 18
Joined: Wed Dec 29, 2004 4:51 am
Location: Superior, WI

Postby kennyg » Sat Jan 01, 2005 1:10 pm

Nice site.

If you'd like some encouragement......
Last year I had $1 on pokerstars that one of my onilne friends gave me. I played the micro NL tables forver...then moved up slowly. Next thing I know, I have $1000 in my bankroll. This only took a couple of months.

Sadly and stupidly, I went to the 10/20 limit tables, had a horrible session and lost it all. Played above my limits again! I've learned my lesson this time though. It's amazing how poker can go sometimes. Good luck on your quest and I hope soon you'll have a nice and large bankroll.
"I'll take KennyGs advice before Sklanskys every time. "
-Iceman

Proud contributing member of the Poker Player's Alliance.
Poker Journal:
forum/viewtopic.php?p=14017#14017
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kennyg
<b>BTP Benefactor & Tourny #1 Winner</b>
 
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