Nathan Williams said:
I have personally never gone broke in poker. I think people who say this are perhaps confusing poor bankroll management with the random ups and downs (variance) of the game.
If you use correct bankroll management (and assuming that you are a winning poker player), then there is no reason why you should ever go broke in my opinion.
I totally agree! There is no reason why a good Poker Player should ever go broke, if he is a good player then he learns by playing for fun money or play chips where he can go broke as much as he want's.
Playing for
real money is a different thing entirely, and if you are sensible and manage your bankroll correctly, then you should never go broke financially.
Playing outside your bankroll limits is a sure way to go broke, like buying in for $10 Dollar games when you have only deposited $100 Dollars initially, then you are on the slippery slope already, trying to win back money you have already lost.
It amazes me how many players think it is an easy way to get rich quick, Poker isn't easy, nor is it a get rich scheme, it is a fantastic, enjoyable way to relax and have some fun, leave the money making dreams for the bedroom, because the only sure way to make money is to work hard and spend long hours doing whatever you choose to do, whether it is as an Electrician, Plumber, Engineer, or any trade you choose, you cannot do it over night, and it is the same with Poker, it takes a long apprenticeship to become a good Poker Player.
When the fun Stops, STOP!
(and learn)