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C’est la Vie

That’s life. I’ve lost it all, all $12.15 in one night. This post is going to be short because I’m demoralized and don’t particularly feel thrilled with letting everyone know my folly. There are definitely things to be learned, though.

I let my pride get to me. I bought in to a cash game for $2 and quickly went up to $6. I should have quit there. That’s lesson #1. I need to decide when I am going to stand up from a table before I sit down. In the early stages of this journey, if I ever get a few bucks again, I will stand up from a table if I triple my buy-in before having a bankroll of $30. If you think this is too much or too little, comment and let me know.

I ended up getting knocked out… my first time getting knocked out in a cash game on Full Tilt Poker. I think that bruised my pride a bit so I bought in again, and then again… and you know the story. That’s lesson #2. Until I have $30 in my bankroll, I will only buy in to one $2 cash game per day. At least that will draw out my chances and keep me patient.

Lastly, I made a lot of stupid calls, really stupid calls. Lesson #3. Play smart and relatively tight, especially on a Friday night when it seems more people play loose. I tried to push people out when I shouldn’t have and I stayed in on hands that were obviously not good enough. Why? Probably because I thought that $12.15 was a big enough buffer to recover even if I made a few risky moves. The problem is I was so careless that, before I knew it, I was down to my last few dollars and then it was nerve racking all over again. Sure, I went up and down and probably should have stood up from the table once I recovered some of my money, but there it is again, lesson #1.

I’m pissed… at myself.

Discussion

8 comments for “C’est la Vie”

  1. hey thats how it goes been there done that…freerolled back up to $2.00 and off to try again

    best of luck to you!

    Posted by johnnyC | October 31, 2008, 1:39 pm
  2. Thanks, Johnny. Oddly enough, that is a bit encouraging to hear you say that.

    Here’s a story to add to this saga. I’m supposed to be doing this blog with another person, who finally signed up for an account on Full Tilt. This past Tuesday, I registered him and myself for the 6:40 CDT freeroll, which he didn’t even get onto until about 8:00 with only about 500 in chips left. This was his first freeroll ever. In 2 hands he was up past me at 1500 and ended up going all the way to 13th place. I busted out pretty early on a bad beat (3 7s and the guy caught a straight on the river). Needless to say, this was enough motivation for me to place in a freeroll again. My friend is now up past $8.

    Posted by girish133 | October 31, 2008, 10:59 pm
  3. Girish,

    It is fun reading your blog. Check out mine http://bankrollchallenge.blogspot.com/ we had very similar ideas. I am on a losing streak, also have to play mostly when I’m tired at bedtime. Not optimal for winning poker! I have been very stubborn in wanting to reach my goal. I started in Sept. ‘07. Currently in a slump.
    NBCT99
    NBCT99

    Posted by Doug Cooper | December 27, 2008, 7:47 am
  4. I forgot to say great pix for your entries. Also, about standing up from the table….in the earliest stages you should really leave the table once you double up. That is the rule of thumb pretty much once your bankroll grows (Ferguson says to buy in for 5% of your bankroll and leave the table when you have 10% of your bankroll on the table.) Don’t forget Ferguson’s advice here. Better to win a little than to lose a lot. Patience! I am taking way too many chances now that I’m slumping.

    Posted by Doug Cooper | December 27, 2008, 7:53 am
  5. Doug,

    Thanks for the encouragement and tips. I’ve actually been relatively absent from this blog for a while after my loss and need to return to the freerolls. It’s hard for me to commit 5 hours for another $2. I’ve seriously considered your approach of bringing some money to the table first, but I’m a purist.

    I’ll add your blog to my blogroll. Would love for you to add mine to yours.

    Posted by girish133 | January 3, 2009, 12:41 am
  6. Also, the pictures are photos from Flickr that are specifically labeled with the Creative Commons License.

    Posted by girish133 | January 3, 2009, 12:42 am
  7. The article is ver good. Write please more

    Posted by KattyBlackyard | June 15, 2009, 6:26 am
  8. Thanks, Katty, I’ll be posting more soon.

    Posted by girish133 | July 23, 2009, 2:41 pm

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