Saturday, 25 August 2007

Bankroll

I'm not too particular about tracking my "bankroll" as some other players, simply because (1) I'm not playing for the money and (2) i'm fortunate enough that poker won't move the needle on my bank account, either way. In the end, I'm a student of the game. Yes, the money is nice :-) but it's just a way of keeping score in my eyes. Also, keeping an accurate count of live games also complicates the issue of an accurate bankroll calculation. However, to justify putting up the buy-in for the WSOP, I withdrew my entry fee from my FTP account and I realized that I shouldn't let FTP hold a big chunk of cash that I'm not using, because I'm very happy playing the levels I'm at. Now that I'm back from Vegas, playing online, it got me thinking about the money management aspect of this game. So, yesterday, I decided to clean out my FTP account for a healthy 5-digit amount and put it in my money market account. I left myself $3,000 to play, which might prove a little optimistic, but I hoped I would have a good start. This should force me to play and report as if money did matter. So, from here on out, I'm going to report a "bankroll" figure as my online account balance, just to keep a running scorecard of my online success. All of the cash games will be ignored (for now). Current bankroll ($2,163 - after the big loss below AA vs 4s5s). I'm online now, so hopefully will get un-stuck!

Bankroll Addendum: $2,705 after a guy on TILT went all-in with 88 against my JJ.

1 comment:

C said...

excellent! good luck!