shades
817 posts
Joined 06/2008
Good video , id just like to hear yer thoughts a little bit more on taking funds from outside of poker , i figured when it came to things like paying for DC , poker books or paying for a coach it was best to pay for these with your poker funds so it should result in the money not mattering so much and you being less frustrated when you still find yourselve not moving up through the poker ranks as fast as you feel you should be , for me ive only ever deposited $50 but recently i was thinking about bringing in some of my own 'real-life' money to build my bankroll , pay for coaching , pay for next sub of DC and 1 or 2 other poker overheads i have , that way i will be closer to moving up in limits and it should help speed up this whole process of getting out of SS and into MS (along with alot of hard work) , that all sounds fine but what if that money ive invested into my bankroll doesnt help , id end up feeling like poker is now not only taking up a large % of my time but of my actual $$
Is it common or wise for SS players to invest money into poker ? if you where to start out again with a small BR would you put all your money into poker or keep it seperate ?
Posted almost 3 years ago
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WiltOnTilt
2185 posts
Joined 10/2007
when you are a beginning player, i think it's best to only invest money into poker that if lost, you wouldnt care. so if that amount is $5, $50, or $5000 (or simply the $30 per month for DC) only you know where your pain threshold is.
Otherwise, i think it's mostly best to use poker funds to pay for poker items (new monitor, coaching, whatever) as a general rule... although exceptions do exist. If you know you're a solid winner at a given level and disaster strikes and you must withdrawal your bankroll for real life reasons, I don't think it's wrong to then replenish that roll with "real life" money.
I guess what it boils down to is that if you want to invest in yourself in poker by using money you made at a real job, just be honest with yourself when deciding if you are a good investment. Are you already a winner? Are you driven to become a winner at any cost? How prone are you to take your roll to 10/20nl hu and tilt it off? All of these things (and more) would matter greatly in determining if you're a good poker investment or not.
WoT
Posted almost 3 years ago
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Acombfosho
3086 posts
Joined 06/2008
when you are a beginning player, i think it's best to only invest money into poker that if lost, you wouldnt care. so if that amount is $5, $50, or $5000 (or simply the $30 per month for DC) only you know where your pain threshold is.
Otherwise, i think it's mostly best to use poker funds to pay for poker items (new monitor, coaching, whatever) as a general rule... although exceptions do exist. If you know you're a solid winner at a given level and disaster strikes and you must withdrawal your bankroll for real life reasons, I don't think it's wrong to then replenish that roll with "real life" money.
I guess what it boils down to is that if you want to invest in yourself in poker by using money you made at a real job, just be honest with yourself when deciding if you are a good investment. Are you already a winner? Are you driven to become a winner at any cost? How prone are you to take your roll to 10/20nl hu and tilt it off? All of these things (and more) would matter greatly in determining if you're a good poker investment or not.
WoT
Thank you WoT
Posted 5 months ago
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nick7202
10 posts
Joined 04/2012