Bankroll Management Rant

*Last edited by spoonitnow on Sat, 29 Dec 2007, 4:09pm; edited 1 time in total*

I'm so tired of these ungrateful little shits complaining about how they don't want to follow Bankroll Management guidelines because it's boring or they don't have the patience to grind out a decent bankroll or whatever. These excuses are bullshit and you're just donating to the poker economy so on the behalf of the majority of FTR regulars, I thank you for padding my bankroll.

Seriously, do you realize what you're saying? I mean, what's the thought process on this one? "Oh it's so horrible, if I'd just stop acting like a total retard for a couple of months I could make a few hundred dollars screwing around playing online poker for a few hours each week LIKE I ALREADY FUCKING DO."

Why do people continuously screw themselves out of so much money over and over and over again? I mean, I can completely understand guys who are new to poker and don't really understand the need for Bankroll Management. Hell, I can even understand guys who have plenty of money to blow and feel like giving some of it to me. But what about the average joe who feels like $300 is a lot of money, but consistently gives up the opportunity to make that much or more weekly from a hobby he already takes time out to do?

Here's an example. Let's say you grind up to the dizzy heights of $100nl over the period of a few months and 8-table full ring (which I think is roughly the same hands/hour as 5 or 6-tabling 6max depending on the site). Also, let's say you play 8 hours a week and make 1.5 ptbb/100 which is an okay but not great win-rate. Well you'll get in about 4000 hands a week, which is an extra $120, or $15/hour. That's not bad at all for a hobby. Hell, that's not even counting Rakeback which would give you another $8-10/hour or so, bringing you to around an extra $200 a week on just 8 hours of play. That's half or more of a lot of peoples pay checks who hang around this forum.

So you deposit $25, donk around and move up and down stakes as much as possible. Maybe you cash out $100 or so here and lose your $25 buyin a few times there. Is all of that fucking around worth giving up an easy opportunity to make $25/hour or more with the same hobby you already have?

If the answer to this question is yes, and you make less than that at your job (or you don't have a job), then you're a dumbass and you won't get anything out of this anyway.

If the answer to this question is no, and you're one of the retards who have been doing the kind of shit I've been talking about here, then stop being a retard or whatever and make some damn money.

Edit:

Good rant!

awesome post - i seriously LMAO the whole way through this !!

This rant smacked me down so hard that I started playing 1/6th of my BR on a table instead of 1/2.

Thx spoon!

Try 1/20th, k thanks

It's arrogance. I've completely fallen for the idea of Bankroll Management only because I've flushed away money that, at my level, is too much to wave goodbye to.

Like Worm said in Rounders: "I got so good with this that I thought I could neutralize it".

This being just good enough to actually be able to make money in poker by running with the basics and skills. No matter how good you are, without the bankroll it's a nightmare.

A.

sorry dude didn't mean to be the straw. but i had to find out whether it was cool to go ahead and move up or not. if it makes you feel any better (not that you really care either way) i am going to stick with the grind until i hit the $250 mark and then i'll take stabs at 10NL. anyways i def appreciate you posting your advice even though it obv pains you. and that goes for everyone else too.

Though I don't follow complete text book BR management I've learned throughly what good BR management can do to ride out those inevitable downswings. I thank the poker gods for the day I learned BR management.

Great post.

BR management sux. Don't you all know the more underrolled you are, the better cards you get?

I agree.. nice posts spoon.

I'll even take it a step further... for a serious player... bankroll shouldn't even be an issue for games in which you are regularly playing. What I mean by that is say you have $4k and want to know if that's enough for 1/2. Maybe it is, maybe it isn't (I'd argue that it most certainly isn't). More importantly though, if you're good enough to be playing 1/2, then you should be able to grind out a LOT more than that at lower limits, and by the time you start playing it, the size of your bankroll should be more than adequate for it.

I think this applies much more to seasoned players who have logged tons of hands than someone trying to aggressively climb the 'tree' so to speak. In the latter case, the experience of playing more hands will help develop you as a player which is more important than short term profit anyway.

So...quick question...I now won a decent amount of money playing in Full Tilt's 750k donkament. Busted a pro(I johnny channed his ass, it felt good to see a pro donk bet me when I had the nuts) and placed fairly high up.

I'm wondering, it still doesn't feel like I have any skill whatsoever cause pretty much all I did was fold any hand that wasn't like...stellar and stole a couple blinds here and there cause of my image. uhm...am I reasonable fit to play in .25/.50 cent now that I've come across this?

Now i'm almost BRed for .50/1 but I feel weird about just jumping that high up.

And in case you were wondering how a n00b got into the 750k sat I did the torturous thing of playing the 300 FTP point Sit and gos till I got a spot. Anybody want to see bad poker and suck outs? Play this.

I can add in a big thank you for re-iterating this. I just worked my way up from $250 to $500 by playing 6 max $25 NL under rolled. Starting playing around with $50 and $100 tables both 6 and FR and am now starting a grind plan with some new game with the $200 still left in my acct.

TY

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