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How Many Times Have You Gone Broke?


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With all the April Fools jokes, I was just wondering how many times everyone has been tapped. I was busted twice: once during my junior year in high school while living in New York (had to get a delivery boy job to rebuild) and 6 years later during my junior year in college (good old scholarships to the rescue to rebuild the roll).

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Broke = no more bankroll. Completely busted; not even enough money to buy into a 4-8 game. That's broke.Aren't the same thing???? :club:
well than I guess I am currently broke... but I'm not... or something...
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why do you all insist that it is mandatory to go broke at some point playing poker?
I tend to agree....why it has to be a given is a question to me. Maybe if you are playing for a living, I can understand it more. If you aren't, then it sounds like bankroll mismanagement. IMO.
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Poker Bankroll wise, 0 times.

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why do you all insist that it is mandatory to go broke at some point playing poker?
I agree with this - I started with $100 at micro limits and I never play too far out of my bankroll for too long (the occassional why the hell not sure, but always with a stop loss in mind).I haven't ever gone broke in poker, don't plan to. A combination of good bankroll management and a healthy fear of having $1000 on the table that can be lost in one hand keeps me in line.So screw the notion that all good poker players have to go broke at some point...just learn your lessons from other peoples mistakes!
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I agree with this - I started with $100 at micro limits and I never play too far out of my bankroll for too long (the occassional why the hell not sure, but always with a stop loss in mind).I haven't ever gone broke in poker, don't plan to. A combination of good bankroll management and a healthy fear of having $1000 on the table that can be lost in one hand keeps me in line.So screw the notion that all good poker players have to go broke at some point...just learn your lessons from other peoples mistakes!
that healthy fear will disappear and then you will go broke, it is part of being human
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that healthy fear will disappear and then you will go broke, it is part of being human
Wanna bet? :-P
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If you play poker for fun and have a regular job, I guess you can't really go broke. If poker is your only source of income, then the reality of going broke is a true possiblity. Look at it this way: for fun, you don't need to spend money on bills such as rent, tuition repayment, etc. You can just keep building your bankroll. When it's your only source of income, bills need to be paid. Lets say you have a roll of $36,000 to play 40-80. You have an average month and make $5,000. You have to pay rent (1,200), school loan (400), car payment (500), utilities (200), insurance (100), living expenses, etc..... Not much goes into your roll. Let's say the next month, variance kicks your balls and you lose 80BB for the month. You still have to pay your bills. Your roll is suddenly shrinking. This is the "life," and it can get brutal. Are there any people that do this for a living. I don't mean college students who don't want to get a job waiting tables. I mean people with real expenses. I have been doing this for real for since my senior year of college (though it was my once source of income after my sophmore year in high school, but I didn't have real expenses then), thru law school, took a break to be a lawyer, started again, and will probably be done for good in the fall when I go to Berkeley for my MBA. It is tough. Feel free to chime in.

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