I almost lost my hard-earned bankroll in 2005. Over the course of around 8 months I had built a bankroll of $4,500 and was trying to transition from $100 to $200 HU sng's. I didn't know much about ElkY at the time, but I saw that he was playing 12 games at once. I figured that I would have a huge edge by single-tabling against him and focusing all my attention on the game.
His playing style ended up driving my crazy. He'd react instantly and always got the best of me. I thought I was just running bad so I played him over and over again, and ended up losing about $3,000. There was an unexpected urge to just blow the rest of my bankroll, so I shut off my computer and called it a night. I had to move back down to $20SNG's to regain my confidence and work my way back up.
I don't keep my poker bankroll in a single account any more...
Yeah, Elky is big time in the poker world now. This was about 4 years ago, before SharkScope was even around. He'd constantly be playing 15+ tables ranging from $1 MTT's, to $1,000 cash games, to $2,000 HU SNG's. I don't know how he does it...
hmmm, ok so this sites been under development for that long?
I only came here to check videos updates.
Is elky making his money from cash games as his sng look terrible.
GL
Steve
The site's been in development for quite a bit of time, but nowhere near 4 years. The post was about my experience of nearly losing my bankroll a few years ago. Thankfully I was able to drop down a few limits and bounce back / better then ever.
I had gone broke few times but with 50$ deposits
If I was to post every time I went broke, this thread would be 200 pages long.
If you can't admit to going broke, you're worse than just a bad poker player.
only been broke on $50 deposits on other small sites but my main site of stars i have never been broke. started with $36 deposit and haven't looked back.
I went broke as recently as this past July. I had all but quit poker, decided to return to school and become a teacher. After about a month of not even looking at a poker hand, I deposited 200$ and ended up placing top 5 in like 3 Mtts, played a bunch of 1-2 nl full ring, ran sick hot and made 9k in august and september.
The fact I'm still playing is a little unbelievable to me, it must be meant to be my game is solid as ever. If you ever go broke or lose confidence entirely, this time off is what saved my poker career.
I have never been as motivated as now.
I've never gone broke because i set a goal to never deposit money on a poker site. Ive used the $5 on the house from pokerstars and built my BR up to about 80$ playing $0.25 mtt and $1 sng's. My real big gain came at the end of this last summer when i actually took two weeks to really concentrate on poker. Haven't played in over 3 months due to school but want to get started as soon as i can again once i get a free second.
Going broke is not a shame, even Ivey did go broke in his early days.
You have to learn about bankrollmanagement before building a roll.
Yep, what doesn't kill you makes you stronger. It's good to know your limits.
I have gone broke before but it was a long time ago... I recently put 40$ in my account and built it up to 450 on Double up tourneys... but it seems like in the blink of an eye... Those coin flips I was winning like crazy just turned on me... even the 70/30 hands... like AA against 8-10... Cracked.... over and over and over and over.... I know it's not my bad play... it's others good luck... now my roll has dropped to less than 100$ and I'm pretty pissed cause A my stats look terrible... and not to mention Im losing money... Whats the longest cold card streak anyone has been on? Because this is getting to be Re-God-Damned-Diculous.... Just curious about everyone's thoughts...
Been broke, but always cash BEFORE the total loss. This leaves me with a small amount to build back up. Didn't really consider Bankroll management until did a few sit n learns on FTP Academy, and posted in FTP forums. So depositing $80, and jumping into big games, I didn't see anything wrong.
Now, I know better (lol), and if have $5 or $50, know how to stretch so won't be broke. (I swear, no more deposit on Stars, just have to build what I have. Did my last deposit for Tilt after cashing, same thing there).
Try not to go on tilt after a bad beat or bad run and decide to play higher limit games and risk losing your roll. If you want to play higher limits, play the games you SHOULD BE playing and save for that specific tournament/game you want to play and risk losing that amount and not your roll.
If you exercise good bankroll management with proper guidelines, your risk of ruin is very minimal.
one of my first nights playing poker online at absolute, i dropped about 300$
I played 100nl and got wrecked. I ran a hot streak in 50nl and thought i could move up and run just as good. needless to say I lost the 200$ profit i made that night within an hour, re deposited two times after, and busted each time. I stopped playing for a few weeks and started reading alot of books on holdem. read alot of sklansky's books, and a few 6 max sng e books.
Now that I know the game a hell of alot better, i moved to fulltilt and im playing consistent in the 5$ 6 player sng's. I just started playing poker about 3-4 months ago. I plan on slowly moving up levels.
Whats a good bankroll for 10$'s?
when i started out i was a real fish for sure. I played freerolls only fortunately, so I lost nowt at that time. I remember winning $200 and rejoicing, followed shortly by losing $160 and then slowly losing the remainder.
My brother was playing properly long before me, and pointed me in the right direction for the fundamentals I needed to get going.
after that I deposited 40 euros on IPN ( don't laugh!, I don't use credit cards etc)
I played sngs with reasonable success. getting my BR up to 200. I stopped playing for a long while, then moved skins. Ive lost all interest in SnGs now , but have moved on to my fave, MTTs.
enjoying it all now. having a four figure bankroll is pretty damn satisfying!
It was a wise thing to do, control makes the difference between good players and "inexperienced" player. Every poker player understands perfectly what you went through, you've learned your lesson even if it cost you $3000. After a similar experience I started paying more attention to free casino bonuses and things work just fine.
I've gone broke I think it was twice or three times when i first started out. First was $20 lol didnt take long to lose that. Then $50 took awhile longer to lose then another $50 i think went even faster. Took a long break. Almost a year i think. Then i started play again made another $50 deposit and managed to take that up to about $170. Then after sum discussion with a friend I decided to move from Party Poker over to full tilt becuase of the rakeback and fulltilt's rake on heads up was half that of party poker. Funny enough though i changed games and now I primarily play large tourns and 6 and 9 player sngs. Party poker sucks big time only thing i use them for now is placing my bets on sports lol. So I took my $ and put it into Fulltilt and have built it up to over $500. Sure most of my profit is from bonuses but I've been playing better now and I'm confident my bankroll will continue in the upwards fashion
Elky is a pro, I'd say stay away.
His results are not great on pokerscope (fishy) but I think his bankroll would be huge.
http://www.pokerstars.com/team-pokerstars/bertrand-grospellier/
I bet his style may have been aggressive pre and post flop. never watched him but he wouldn't care if he won a loss and therefore hard to play.
Have your watch the video's on HU?
Not sure if they on the new site.
Steve