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Old 09-12-2005, 14:45   #7 (permalink)
Valiant23
Vienti Tres
 
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Join Date: 06 Aug 2005
Location: On the road
Age: 40
Posts: 13,477
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How I Know I'm Not A Cash Player, and How Well I've Done

When you pay to enter a tournament you know exactly how much you are going to lose beforehand (the buy-in). After that you get a set amount of chips to use as you see fit, but with cash (or ring) games you take your bankroll to the table.

Now Sporting odds have a very good deposit bonus involving 'raked hands'. If you contribute to 150 hands where the house takes a rake they will credit your account with $30. Play another 400 and they give you $70. Now some people have done very well out of this, but I have done terribly. I played enough to unlock my bonus, but for now will stick to STT's and MTT's.

For a long time I kept a running total of my 'winnings for no investment' in my sig. I felt it was time to remove it as I have made an investment - £10. I can tell you that in the 4 months I've been playing poker I have made a profit of £150 or so.

As you can see I am trying (with good reason imo) to be very cautious about 'spending' on my poker, but this doesn't mean I won't ever. I now happily pay for low level STT's and MTT's.

If you want to have a go trying to build a bankroll this way, please feel free to post your progress here.
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