Showing posts with label Bad swings and bankroll management. Show all posts
Showing posts with label Bad swings and bankroll management. Show all posts

Monday, July 23, 2007

Bad Swings And Bankroll Management

Sunday i learn a lesson that i will not soon forget about the game of poker.I woke up Sunday morning with a pretty good out look on the day.I had about $100 in my acct,and was looking to on on it as well.
I was also registered for the Sunday $100,000 on PokerStars as well;And i was feeling pretty good about going deep in this Sundays tournament.But there was one thing that i have been taking for granted for the past few weeks.
Number one was the bankroll that i have been using to play,with only a total of 10 buy-ins was a mistake! But what really made it worse was when i started to multi-table becuase of my recent success playing the $10 levels.
I truly feel that once i started to multi-table it was a big mistake game and bankroll wise.I would get alot more volume in as i wanted but my results dropped tremendously.I would cash like one game in three;Or i would have a nice run of 3 of 4 cashes.
But mainly i could only muster up being a break even player while playing two games at once.Another thing that i did not factor in was the down swing of multi-tabling. As i ran very bad on Sunday dropping 7 of 8 games and busting my entire roll in less than 8hrs.
I have learned a very hard fought lesson about bankroll management and running bad.Yes i could sit here and complain about the donkeys and the bad beats;But the only thing that i can really do here,is be pissed at myself for knowing better and playing anyway.
I have a rule about losing three buy-ins in a row;That i totally ignored and i payed the price for it. All of the hard work and long hours have been spewed away becuase of my ignorance.And now i have to start all over again and this time i will have learned from my mistakes.