OT: So there goes my bankroll...

davehwm · #1 12-02-2005, 02:15 AM

I think this is a signing off post, more than anything.

I know that none of you want to hear my bitching, so I'm really not going to bitch. Just lay out the situation and possibly ask for advice.

A little over year ago I started grinding out bonuses at .5/1. Got my bankroll up to $330 and started playing the $11s. Kept so-so stats and beat them for a measly 14% ROI over 800 games or so.

Started playing the $22s and didn't keep stats, for a number of reasons (none of which are probably very good ones). Took that $330 well to over $3500 in a couple of months, pretty consistently winning, 2-tabling mostly, never suffered any kind of major swing. Cashed out quite a few times and last month took a shot at the $33s with about $1000.

Dropped about 15 buy-ins in a matter of a week and moved back down to the $22s. Looking back on it, I probably tilted away a good portion of the rest of the bankroll. Played the $11s for about a week but was so bored/frustrated that I basically gave up.

I'm not a very good card player, in general. I had played semi-decent push-fold poker, had plenty of leaks, played on a pretty big heater for a few months, handled a downswing poorly and have a big fat .36 cents in my Party account right now. I thought I knew what I was doing, but I really didn't. It's almost like I forget how I used to play at the $22s when everything was going so well.

Now that I've typed all of this out, I don't even think I need advice. I could put $100 of my own money back in and start grinding out the bonuses again, but I don't know if it's even worth my time. It's kind of hard to just start all over again.

If any of you want to give me any advice, go ahead. But I think I'm just signing off and saying thanks for all of the posts. I never made as much of an effort on these boards as I should of and I know my game suffered because of it.

I'm just another one of Irieguy's predictions, here one day and gone the next.

Take care.

1C5 · #2 12-02-2005, 02:21 AM

How exactly did you lose your $3500 or did you cash out a bunch of it?

davehwm · #3 12-02-2005, 02:23 AM

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How exactly did you lose your $3500 or did you cash out a bunch of it?

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Sorry if that wasn't clear. Over the whole period of time I cashed out increments here and there totaling about $2500. Leaving me with $1000 to play the $33s.

1C5 · #4 12-02-2005, 02:24 AM

Any good player can lose $1000 in the 33s. Hell I just lost $500 tonite in the $22s.

davehwm · #5 12-02-2005, 02:27 AM

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Any good player can lose $1000 in the 33s. Hell I just lost $500 tonite in the $22s.

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Yeah, I hear that. But I lost about $500 at the 33s, which I didn't think was totally crazy. I still dropped back down to the $22s, with close to a 30 buy-in bankroll. The downswing just continued back at the $22s but, now that I look back at it, really involved a lot of tilt.

I honestly think I'd just never experienced a major downswing before and had no idea how to deal with the tilt. It was a downward spiral.

bawcerelli · #6 12-02-2005, 02:30 AM

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I honestly think I'd just never experienced a major downswing before and had no idea how to deal with the tilt. It was a downward spiral.

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people underestimate how psychological this game is. you'll be back, stronger than ever.

bawcerelli · #7 12-02-2005, 02:29 AM

i lost $500 at the $27's in one day...and gained it all back that same day. as far as advice goes, leave the game until you remember that you're good, then deposit some dough and start grinding with us again.

kevstreet · #8 12-03-2005, 03:24 AM

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Hell I just lost $500 tonite in the $22s.

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FWIW I'm down 30+ buy-ins at the $22s over the last 3 weeks. After one year of consistant winning I've hit a wall over the last 30 days.

I know how you feel OP, as does everyone on this site. It sure makes you question your ability. Take some time off and give it another try. Good luck.

xJMPx · #9 12-03-2005, 04:05 AM

Personally I have found that a downswing like you are describing was very good for me.

I started at the $5+1s at party after depositing $100. Then I posted on here and people suggested to play the 10s because of the rake. I did, even though I was way under bankrolled.

Anyway, I ran a heater all the way to the 33s in a short time. I was using the 20x buy-in rule. I only played 14 22s with a 50% ITM and a 95% ROI. Boy, was this game easy!

So, with those 14 22s under my belt, I had 20x buy-ins for the 33s. Well, the heater continued and I ran my profits up to about $2500 in just a couple months of single tabling a few hours a week.

Then, I hit a couple almost 20x buy-in drops within a couple weeks and was a break even player through November and my confidence had sunk way down.

So, how was this good for me. I've been putting a lot more work into my game. Being in a downswing, it is easier to identify your leaks, and then you can post on here to plug them. I've moved back to the 22s and have gained my confidence again and I really feel my game has improved leaps and bounds through my downswing.

Just keep working and I think you'll fine.

durron597 · #10 12-02-2005, 02:41 AM

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How exactly did you lose your $3500 or did you cash out a bunch of it?

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Sorry if that wasn't clear. Over the whole period of time I cashed out increments here and there totaling about $2500. Leaving me with $1000 to play the $33s.

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That means if you redeposited you would still be in the black.