Should I give up poker or keep trying?

Wevie · #1 07-09-2005, 07:03 PM

I'd like some honest feedback. I know y'all would love me to keep refilling my bankroll and giving it to you.

I tried ring games online a few months ago and got my ass handed to me. I planned on giving up online poker until I found STT's. Middle May I started playing them and decided the first of June to spend some time trying to make some money. I set a short term goal of making $50 per day and a long term goal of $100 a day. Was hoping to see my long term goal in 6-8 months. This is part time 3-4 hours per day.

I started with a too small bank roll of $150. By the end of June I was up to $550. I felt like I learned some important lessons playing. I planned on going to four 10+1's on Party as soon as I had $600.

First of July I started playing two tables. First two days were going good. I wasn't making much, but I was learning to handle multiple tables. Then things went bad.

I dropped to a $250 bank roll playing two tables. So I dropped back to one table. After 6 days of a downward roller coaster ride, I was down to $25. I'm still holding a 43% ITM rate. I don't know my ROI, but I'm broke, so that must meen its negative. Last night I took that to the .25/.50 6 max NL tables and lost what was left in about 6 hours.

So, now I wonder if I'm just not cut out for this game. The math is there, things seem logical, I'm just not winning. I wonder if I should give up or refill my bank roll. Mind you, it will be a couple months before the wife allows it.

What would you do? How soon do beginners give up? Are my goals too lofty? Any other advice?

Thanks for reading.

skipperbob · #2 07-09-2005, 07:05 PM

How old r u?...How much total poker experience?

citanul · #3 07-09-2005, 07:06 PM

do you enjoy it?
do you have money to blow?

citanul

raptor517 · #4 07-09-2005, 07:12 PM

first guess, yer.. 17?? sounds like me when i was 17. cept if i had 500 bucks i was playing 109s. bwahhhahahaha. holla

Wevie · #5 07-09-2005, 07:16 PM

I'm 33 years old, have a good career and can afford to blow a few hundred a month if need be. I am normally spending a couple k a month drag racing, but the race car is down for the rest of the season so I started playing poker online.

I enjoy the hell out of playing, but a 50 buy-in downswing in 9 days really sucks.

raptor517 · #6 07-09-2005, 07:18 PM

[ QUOTE ]
I'm 33 years old, have a good career and can afford to blow a few hundred a month if need be. I am normally spending a couple k a month drag racing, but the race car is down for the rest of the season so I started playing poker online.

I enjoy the hell out of playing, but a 50 buy-in downswing in 9 days really sucks.

[/ QUOTE ]

ive had 50 buyin downswing in 2 days. aint that hard really. holla

The Don · #7 07-09-2005, 07:19 PM

Don't give up, I went through 4 $100 stakes before I became a winning player. I would nut peddle NL25 or (even better) PLO25 to build your roll though. I have had severe problems at the $11s in my life also (lifetime 10% ROI over ~1000 11s and 24% over ~800 22s). Nut peddling low limit cash games has less variance and is more profitable IMO.

PrayingMantis · #8 07-09-2005, 07:21 PM

[ QUOTE ]
The math is there, things seem logical, I'm just not winning.

[/ QUOTE ]

I don't think the math is there: you don't really say how much you played, you admit you don't know your ROI only your ITM (it better be the other way around), etc. If I understand correctly you're playing SNGs less than 2 months, basically 1 or 2 tabling. So it doesn't seem like you've played a lot up until today. There's a good chance you are (still?) not a winning player, but only more time and expirience will tell.

And also, it's gambling, i.e, you can't really say "my goal is to make $100 a day". Your goal should be to play your best game, and/or to play X games or Y hours a day. If your ROI is there to make it, on the long run you'll make $W a day, _on avarage_. But there will be days in which you'll make -$W. I'm saying this because many players sometimes confuse between what they "should" be making on avarage, and what the numbers on the end of each day show, and it could be extremely frustrating. It's always a rollercoaster, even when you're a strong and expirienced player.

johnnybeef · #9 07-09-2005, 07:31 PM

[ QUOTE ]
first guess, yer.. 17?? sounds like me when i was 17. cept if i had 500 bucks i was playing 109s. bwahhhahahaha. holla

[/ QUOTE ]

[ QUOTE ]
Mind you, it will be a couple months before the wife allows it.

[/ QUOTE ]

care to make a wager raptor????

citanul · #10 07-09-2005, 07:32 PM

[ QUOTE ]
care to make a wager raptor????

[/ QUOTE ]

raptor hasn't gotten out of 9th grade yet, so he hasn't had to do reading comprehension yet.

another:

raptor lives in texas, where it's common to be married by 14, but only if it's to a family member.

citanul