Quote:
Originally Posted by dgiharris
I think OP is better off depositing $200 online, suspending his live play, putting his $500 towards expenses, getting a job, studying poker while grinding online...
Fast forward six months
Hes improved his game, built up a $2k roll online, saved $5k or so from his job and is now ready to give this another shot.
Based on what I've read and my general feeling with OP and the current state of his game (plus the pressure of being underrolled) if OP plays live now w his remaining $700, he might as well just set it on fire
I like this option but I also think playing with a small roll live is ok too if you are disciplined... which I am not obviously.
WOW, I didn't expect so many responses in such a short period of time! Lots to sort through and I'll try to cover most of what's been said.
For some reason, people seem to think that since I'm married, we have kids. I have no kids, it's just my wife and I. We live in my moms basement,
supposed to be saving up for a house. Our savings are in my wifes bank and I don't touch that for poker or anything else. She does work a job but I don't want her money for poker.
In terms of getting a "real" job. I have some side gigs that I can fall back on such as online tutorials. I'm a guest blogger on various web design sites in which they pay me for my services. I can also grab up some freelance work (however underpaid they are) on freelancer.com or something. I know there are other options than playing poker and sadly it will take me a while to rebuild my roll and I can't believe I spent the money I did when I was winning.
Not to mention the table games. I think blackjack is ok sometimes if you can count cards, which I can to a moderate degree, I'm far from advanced in it. Either way, I blew a lot of money at table games as well and I know better but did it anyway.
Someone said something about my IQ. I'm not even going to dignify that with a real response.
I sort of like the idea of taking $200 to put online and using $500 for other stuff. BTW my bills are next to nothing with a monthly nut of around $300 split between my wife and I, so bills are not a problem. Saving up 6 months of my nut is about $1800 + everyday living expenses... so not much really.
I need to set aside the $1800 for my 6 month nut, then save up 4-5k for a new roll and NOT put my life-roll into PokerJournal and count it as my bankroll this time. Then since we are saving for a house, I need to put half of what I win/earn or whatever into savings, so I need 3 separate accounts/envelopes or whatever.
Nut Account = $1800 + $2000 for daily expenses =
$3800
Poker Roll Account = 4-5k + half my winnings/earnings from side work.
Savings Account = $3000 already saved + half my winnings/earnings from side work.
What do you think of this? Does this seem reasonable? I think it does but the problem is being disciplined enough to follow it as I lack discipline.
Here's where I'm coming from. I was homeless for 6 years, starting at 16 when my father abandoned my in the middle of a school year, emptied the house and left while I was at a friends birthday party. When I got back to the house, it was empty and I was royally SOL. I did stay with friends for a short time but that ran out, so I built a fort in the woods close to the house, it got torn down somehow, so I went to Michigan, stayed with mom, her husband was an a-hole, I left and traveled the country, fast-forward and I'm in college, met my wife, dropped out, etc, blah blah blah.
Moral of the story is that I have very little LIFE experience, meaning I know little about what it's like to live a normal life, to have money and to have a family. Over the past 5 years of being with my wife (I'm thankful for meeting her as she is THE reason I'm not still a deadbeat on the streets), I've had nice cars only to sell them 2 months later cause I got tired of them, I've had great jobs, one of which paid $1500/week, blew all that money, the company turned out to be a scamming people so I was forced to quit. Had 5k left after that job and bought a 2001 Eclipse Convertible (nicest car I ever owned), got rid of it 6 months later, had 3 cars since then, got rid of them all. I've had plenty of opportunities since my I met my wife and I blew them all and I blame it on myself for living on the streets and not having the LIFE experience I needed to take advantage of those opportunities.
Naturally when I had 8k; I'd never had that much money at one time before, so I took the opportunity to do what I never have, which is live lavishly for a while. Now that it's over, I wish I never did it, so another life lesson learned. Now I feel like I'm back at square one, when I first met my wife. I have very little to my name, no car and nothing else, all of which has very little to do with poker, it has to do with poor life management and I'm well aware of it, which makes it harder to deal with cause I know my shortcomings. It's not like I'm dimwitted and don't know better cause I do, but I must be insane cause I keep doing the same things over and over again.
I have lots of street experience which helps me a lot at the tables when I'm on my A-game, but the lack of life experience is draining me.
The old life moto is that you have to fail to succeed, well I'm tired of failing, when is it my time to succeed!? When I grow up and learn to manage my life and my roll, whether life, poker or whatever. My wife isn't any help in that area cause she blows money fast as I do, if not faster, especially considering she has horses and they cost way more than poker ever has.
I look at that 8k as a life/poker lesson, an expensive one but it's no different than spending 20k+/year on college which is even worse cause you go into massive debt. At least I have no debt and it was just a straight up 8k loss.
I think it will be smart to set a strict one buying stop-loss for when I do start playing again until I have about 50 buyins or am good enough that it doesn't matter as much. You guys are probably right, I'm not a winning player. Not because I'm not good enough but because I lack to discipline, bankroll management and the patience to be a winning player. You can be the best player in the world and still lose cause you lack one of those 3 elements. Although I'm sure it has something to do with my skill level as I by no means think I'm the best player at the tables anymore.
I'm worried about everything at the tables. When I lose a big hand I go on tilt so easy now and start thinking all those players are better than me and they're sharking me out, even though they're all freaking fish and donks. I sit back and play 4 hand per hour while they play almost every hand, yet I'm the one who loses, so what am I doing wrong? OH not playing enough hands, so I start playing every hand too, jeez my K3 won a big pot so I'll keep playing them. Oh crap, those crap hands made me go broke in the long run. Damn it I knew better than to play those, but everyone else was winning with those hands. No they weren't, it seemed that way cause 9 players won once but it was consecutive so it seemed like they win all the time.
These are some of the things that cross my mind and it's some serious tilt crap. Lack of confidence in my game and playing with scared money. I'm obviously not in the frame of mind to play poker right now.
Sorry for the spurt of random paragraphs, I just write down what I'm thinking.
Life coach, poker coach, therapy, mental hospital, prison, McDonalds, insanity, depressed, douche-bag, life-tilt... these are some of the things I expect to see in some of your responses.
Note: Someone wanted to know of my professional experience to know what I could fall back on or my education level. JustinHubbard.me is my website and you can see some of my professional side, although my whining on 2+2 probably discredits that a little bit lol.