Wednesday, September 06, 2006

Bad Bankroll Management...

The title pretty much sums it up. I have never been good at practicing bankroll management. I like 2 play at about 2 levels higher than my bankroll will support. This doesn't mean I'm a bad player (which I may be) but it does mean that when I'm on a downswing, I lose considerabley more of my bankroll than I should.

Yesterday, I deposited $150 on Bodog and managed to run it up to $239 by the end of the night, mostly playing .50 and $1 NL. I also won a $11 SNG. Then, this morning, playing higher than I should and getting sucked out on once and one time making a rediculous play, I donked it down to $118.

This also applies to me losing almost $400 of profit on Pokerroom over the weekend cause I like playing in the $2 NL game. That is way above my bankroll.

My total bankroll is at $962, so I am far from going broke, but I didn't get that much by playing high, I got it by grinding it out on the .25 tables and at the $11 SNG's.

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