How many times have you failed at bankroll management?

[Bawse]

This thread is going to require some honestly. How many times have you failed to build your bankroll up and cash out when you reach your goal?
Did you break bankroll management, and not stick to your BRM strategy?

I'm not going to lie. I've done it more times than I like to admit, but I've also built up most my bankrolls from freerolls, which is why I've played bigger buy-ins in the past, once I could.
I was freerolling, and sometimes you have to take the risk, for a chance at a bigger reward.

Over the years, and many painful beats. I've finally came up with a good routine where I have yet to break bankroll management.
Hopefully it continues.. and I keep trusting in the process.

 

[padrespatty]

I would say that the reason so many fail is due to this. You have to shot take once in a while as a reward for discipline but there's no reason to run hot in a micro tournament and then spend $50 on the next.

 

[Bawse]

I would say that the reason so many fail is due to this. You have to shot take once in a while as a reward for discipline but there's no reason to run hot in a micro tournament and then spend $50 on the next.

I'm not sure I agree that you have to "shot take". You can still find big GTD's in micros which can be +EV. It doesn't really happen on the smaller sites, but those games are still very winnable. It's similar to building a bankroll playing sit and go's when you grind smaller sites.

I think many players get frustrated after a downswing, losing consecutive buy-ins, and they start to doubt their own abilities. You got to trust the process. Discipline is key.

 

[padrespatty]

The occasional "shot" is a way to reward yourself for managing your money well.

It's like you save money by making your morning coffee at home. Once in a while you need to treat yourself to a Starbucks. If that makes sense.

 

[Delenia]

I'm a natural tight-wad and have never had a problem of busting my bankroll. If anything, I guess I fail to play higher stakes when I should. And I have been guilty of leaving too much money sitting in online poker sites.

 

[uptrendfinancialsignal]

This thread is going to require some honestly. How many times have you failed to build your bankroll up and cash out when you reach your goal?
Did you break bankroll management, and not stick to your BRM strategy?

I'm not going to lie. I've done it more times than I like to admit, but I've also built up most my bankrolls from freerolls, which is why I've played bigger buy-ins in the past, once I could.
I was freerolling, and sometimes you have to take the risk, for a chance at a bigger reward.

Over the years, and many painful beats. I've finally came up with a good routine where I have yet to break bankroll management.
Hopefully it continues.. and I keep trusting in the process.

I really like your true to life style and I also love how you are so open to sharing your accomplishments and your downfall too. Learning the essence of simple risk-taking and flexibility is definitely one of the most important things to take care of in poker. I sure learnt a lot from you today.

 

[lens]

Managing a bankroll is a task that some find more difficult than others. I often face roadblocks from time to time. It is often difficult to stay committed to the strategy, especially when emotions set in.

 

[uptrendfinancialsignal]

Managing a bankroll is a task that some find more difficult than others. I often face roadblocks from time to time. It is often difficult to stay committed to the strategy, especially when emotions set in.

Bankroll management is challenging and it is not wrong if it is fixed. Staying disciplined and sticking to your strategy is very important especially when you don't want emotions to come into play.

 

[Kross]

Can I even count how many times I have failed in bankroll management in playing poker. Mine is always that impulse to chase that big score especially, freerolls. I am still struggling with bankroll management in poker. I have improved though.