Motivation and Initial Management Outline

I have lost a lot of money playing on poker sites. After adding up the debits, the losses reached a staggering $1,650 in a span of 7 months. At least half of that was simply lost through a casino. The rest was lost on account of terrible bankroll management.

For example, one of my largest deposits was 200$. I figured I could make a steady hourly rate with 200$ through putting it all on 1$ / 2$ cash games. As it turns out, putting your entire bankroll on the table is the best way to lose it all. If you survive a bad beat, you will likely lose the rest of it due to tilt. This happened to me - not once, not twice, but LOADS of times. My ego was simply to high for me to learn my lesson. In fact, I didn't stop losing money until my actual bank account went into the negative and I was forced to take a break from poker! Fortunately, over those days, I read ALOT about bankroll management. Maybe that is the hole in my game.

I hope now to mend my ways by making my FINAL deposit of 10$ on Pokerstars and, through patience and discipline, construct a poker bankroll of 20,000$, hopefully in less than 4 years. I will use conservative bankroll management techniques and will avoid ever putting my entire bankroll in 1 table (or on the roulette wheel, for the matter!). This will take place on Pokerstars. My username is Platitudipus.

I will update this blog almost daily with every single session that will model how exactly I am going about this.