Thread: -100k
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Old 11-10-07, 07:58 PM
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I was totally with you until here:

The disregard for money is fine (and probably necessary - I agree)... it's the lack of bankroll management skills that I have a problem with. I don't mind you losing $100k - you took a shot, played fine, and were unfortunate. It happens.

What bothers me is that you thought it would be ok to put 90% of your effective bankroll (since you will never redeposit) on the table. That's stupid.

So now here you are with 15k. Assuming you don't want to bust and be done with poker forever (how horrible would that be for a guy like you who could easily make a living playing poker???), you shouldn't even be playing 5/10 NL any more, let alone taking shots at 25/50 and 50/100 when donks are donating. Now you're stuck back at the low stakes, grinding out 2/4 again.

Like you said, you were looking for fast money (why - I do not know - but you may want to give that some thought) and made what IMO amounts to a huge error in judgement. Hopefully you won't do it again and go sit with your remaining roll at 10/20, because if you do, there is a very good chance you'll go SWAbusto and then (according to you never redepositing again) you'll be done with poker forever. Hello, day job.

Ouch.
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