Research on going broke, please take poll.

[mosquito]

Hi.

Recently I've had a number of thoughts on going broke and
realized that it is not only different for everbody, but
that there are likely different perceptions on what going
broke is.

Please answer honestly, and all comments are welcome.

Thanks, mosquito.

[Mr. Curious]

Did you want this related directly to poker or to life in general?

[davet]

[ QUOTE ]
Did you want this related directly to poker or to life in general?

[/ QUOTE ]

LOL.

[autobet]

[ QUOTE ]
Did you want this related directly to poker or to life in general?

[/ QUOTE ]

For professional/semi-pro poker players or ...

[Stuey]

I thought going broke was when you lost your entire poker bankroll. And since this is a very small portion of my money I would never get upset about it. And it only happened once and that was before I found 2+2. The thought of not having money for rent, food money, or basic living expenses is very scary to me.

Edit: I didn't take the poll I think I would mess up the results for you.

[mosquito]

[ QUOTE ]
Did you want this related directly to poker or to life in general?

[/ QUOTE ]

Yes. Life in general, poker if you play pro.

[mosquito]

[ QUOTE ]
I thought going broke was when you lost your entire poker bankroll. And since this is a very small portion of my money I would never get upset about it. And it only happened once and that was before I found 2+2. The thought of not having money for rent, food money, or basic living expenses is very scary to me.

Edit: I didn't take the poll I think I would mess up the results for you.

[/ QUOTE ]

So, take the poll. Think about from a life perspective.

[Mr. Curious]

[ QUOTE ]
[ QUOTE ]
Did you want this related directly to poker or to life in general?

[/ QUOTE ]

Yes. Life in general, poker if you play pro.

[/ QUOTE ]

I first answered with life in general in mind, so my poll answers don't need to change.

[mosquito]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Did you want this related directly to poker or to life in general?

[/ QUOTE ]

Yes. Life in general, poker if you play pro.

[/ QUOTE ]

I first answered with life in general in mind, so my poll answers don't need to change.

[/ QUOTE ]

Thanks.

[Lestat]

For this to be worthwhile, you should survey by age. In my late teens/early twenties, I thought little of going broke. In fact, I chucked it all and went into business for myself. Don't think I'd be willing to do that now.

I also think that when you're young is the time of life when you probably should chase big gains and not worry too much about going broke. However, when you get to my age (position in life), going broke is very undesirable. There are too many responsibilities, kids, etc. to even entertain the idea of putting yourself in a position of going broke. Broke is for the young.

[mosquito]

[ QUOTE ]
For this to be worthwhile, you should survey by age. In my late teens/early twenties, I thought little of going broke. In fact, I chucked it all and went into business for myself. Don't think I'd be willing to do that now.

I also think that when you're young is the time of life when you probably should chase big gains and not worry too much about going broke. However, when you get to my age (position in life), going broke is very undesirable. There are too many responsibilities, kids, etc. to even entertain the idea of putting yourself in a position of going broke. Broke is for the young.

[/ QUOTE ]

You make some good points. All of which I have
considered. The poll is what it is. I may do something
else later, or not.

Feel free to make your own if you like.

In the meantime I am very interested with
the responses I've gotten.

[mosquito]

Well, after 125+ responses, some patterns are emerging.

The results have been enlightening.

I'm most surprised by the "what would making the going
broke chance" answers, it seems many people did not realize
they could choose more than one response for that
question. As a result, the tallys look a bit funny.

Shameless bump for more exposure.

To the people who responded that they've never gone broke, there are three probable reasons why this is so.
1. They haven't played long enough. ( 2 years is not a long time)
2. They are lying.
3. Their bankroll is huge compared to the stakes they are playing.

[mosquito]

[ QUOTE ]
To the people who responded that they've never gone broke, there are three probable reasons why this is so.
1. They haven't played long enough. ( 2 years is not a long time)
2. They are lying.
3. Their bankroll is huge compared to the stakes they are playing.

[/ QUOTE ]

Some people are naturally cautious. They are still subject
to horrendous luck, however.

Also it is possible to go broke for non-poker reasons.

People in their early 20's, or younger, have had less
opportunity to go broke.

I'm surprised that so many have said that they take
precautions against going broke, compared to those
who have made contingency plans. I would think one would
go in hand with the other.