My immediate goal has been to reach a break even in poker. I feel like once I get out of the lifetime negative, I’ll feel more free to play. It’s also exciting to be able to say that I’m actually winning money, rather than just recovering losses.
With that in mind, I told my self that as soon as I got over $100 at Full Tilt, I would withdraw $100 and start grinding back up again to try to start recovering my losses.
This is because historically, once I see that I have over $100, I start playing bigger tables and tourneys because I “have the bankroll to justify”. Unfortunately, I am just outclassed at these higher levels and I end up losing a bunch of money.
So, after my nice win at the $3 SnG, my bankroll hit $138.80 and I decided to withdraw $100. Now I’m staring at a $38 bankroll that I will need to grind back up. Was this a stupid move?
The problem with having a $38 bankroll is that you’ll never be able to move up in stakes and progress as a player. I watch my girlfriend play $0.20 and $0.50 SnG and laugh at the standard it’s that bad.
With a $38 bankroll you are not actually properly bankrolled for any stakes at all, especially as $0.01/$0.02 on Stars allows you to buy in for $5.
That said, if you’re happy with just playing and making the odd bit of cash now and again and are currently in your comfort zone stay where you are.
Why would you say you’re outclassed? Anything specific?
My first bit of advise would be to ignore all your previous losses and deposits from this point. In the grand scheme of your poker life it doesn’t matter, your only putting pressure on yourself.
Start to keep records of when you play, etc and monitor your play and your bankroll from now, or a point your happy with. Start a fresh, now that you’ve had a little experience of online poker.
Best of Luck xxx
Thanks for the great feedback guys. I thought this might be the case…
I say I was outclassed because I just consistently lost and lost.
I think I can grind my $38 back to something useful and then start moving up again. I totally understand that I should ignore my losses but it seemed like they were weighing so heavily on me…