How many of you guys have lost their initial deposit?

KrazyLuck · Dec 19, 2011

I deposited some money a few days ago, and after doubling it up, I have just lost it ALL. I'm not too surprised because I didn't use good BRM. So how many people usually loose their first deposit..or more?

Lafayette2 · Dec 19, 2011

Deposited $50 on a site and won 30 in 5 minutes playing .50/$ 1.00. 4 days later playing .50 tournments cause i tilted and lost it all. Not depositing again for a while.

Nathan Williams · Dec 19, 2011

I never had a deposit to lose. Sold play money many years ago for $60. Still on that

Gotta have BRM though. That is probably the number one reason most people play the endless deposit game.

ckickenking · Dec 20, 2011

Been losing all my deposit for the last 6 month, even my freeroll earning. I tend to tilt when I try to chase my loses.

PurgatoryD · Dec 20, 2011

Luckily I came to CC before making my first deposit and learned about BRM. Thank you again CC!

I think BRM should be lesson #1 to any poker player. Seriously. It doesn't matter how great you are. If you can't manage your bankroll, then it's just a matter of time before you can't play any more.

It also puts everything into perspective, including streaks. It forces you to expect those (inevitable) losing streaks and it forces you to save those winning streaks ('cause you'll need the money later).

BRM is the name of the game! Can you tell I'm a fan?

Samango · Dec 20, 2011

PurgatoryD said:
Luckily I came to CC before making my first deposit and learned about BRM. Thank you again CC!

I think BRM should be lesson #1 to any poker player. Seriously. It doesn't matter how great you are. If you can't manage your bankroll, then it's just a matter of time before you can't play any more.

It also puts everything into perspective, including streaks. It forces you to expect those (inevitable) losing streaks and it forces you to save those winning streaks ('cause you'll need the money later).

BRM is the name of the game! Can you tell I'm a fan?

^^^ This
BRM is the way to not lose your deposit

Lafayette2 said:
Deposited $50 on a site and won 30 in 5 minutes playing .50/$ 1.00. 4 days later playing .50 tournments cause i tilted and lost it all. Not depositing again for a while.

Playing a game for which you are only rolled for 50BB is the way to lose your deposit

A bankroll of say $5000 is more suitable for playing $0.50/$1.00 giving you 50 (pretty conservative, I know) full buy-ins of 100BB

blueskies · Dec 20, 2011

I've never lost my deposit. I've won every site I've played at, but very little as I play conservatively. Just lunch money, basically.

curly · Dec 22, 2011

I lost my initial deposit on Pokerstars, about 6 or 7 years ago when I first started playing online. I was not educated in bankroll management back then, thought I was hot stuff at the tables just because I won a couple tournaments.

I made a second deposit on PS, and before I went back to play, I read up on poker and learned br management, shaped up my attitude and up until black Friday I was a player that could profit playing poker, it was a small profit but a profit nonetheless.

nc_royals · Dec 22, 2011

I would imagine that most people at some point have lost their initial deposit. Even the pros have countless stories of going broke using poor BRM.
Goodluck and just learn from it.

peedee91 · Dec 22, 2011

BRM BRM BRM BRM BRM....im learning it also just need better will power not to move up until i get to a certain bankroll

JamesDaBear · Dec 22, 2011

I think most people lose their first deposit if not right away then over time... some players are making smaller deposits when they could afford larger. This isn't a leak or bad BRM. They shouldn't deposit more just because they can afford it, and they shouldn't "play down" to the level of their deposit.

I didn't lose my first small deposit online, but I was also playing lots of freerolls and I also got lots of transfers from friends to play initially. (I did pay them back, though usually with cash after I noticed putting money online was going to become a trickier issue.)

I did lose my first couple "deposits" playing live... over the first year of transforming from playing free bar league poker (where I won enough to get a bankroll started in the first place), but I eventually hit my stride and haven't had to worry about it since.

The closest I've came is when I've had to spend from my bankroll for life expenses. Although, I do have to say that most of the small-stakes action isn't worth playing in my area anymore, which is why I moved over to playing online in the first place. Sigh...

JamesDaBear · Dec 22, 2011

Samango said:
A bankroll of say $5000 is more suitable for playing $0.50/$1.00 giving you 50 (pretty conservative, I know) full buy-ins of 100BB

I think that's even a little too conservative, especially if you're on a roll not easily replenished. This is especially true in most online environments, where they do offer .25/.50 and even smaller stakes. If those aren't an option, then you basically just have to go with it and take your lumps... make adjustments to your game from which hopefully you can re-adjust when you build up a suitable roll, that can withstand the full swings of making constantly +ev decisions.

Humps · Dec 22, 2011

Not yet. Deposit of $20 dollars, 3700 hands, up to $38 dollars on $0.01/$0.02. Long may it continue.

LarryT503 · Dec 23, 2011

Yes, I made one deposit and lost it. I figure if I can't earn enough by freerolls and playing my winnings to build a bankroll, then I probably shouldn't be investing my own money either!

MAX101 · Dec 23, 2011

I've never made a deposit,won small br from freerolls and built it up from there, now I have br's on 8 different sites use to be more sites till black friday but yea learning brm is really important, it's also important not to get to far ahead of yourself ,and get into games that are over your head

bgomez89 · Dec 23, 2011

Got a free 5$ from a pokerstars training site. Ran it up to 14-16$ playing DoNs, then went down to $1. Started playing limit games and sold some play money for an extra 3$ and never lost it

rssurfer54 · Dec 23, 2011

Lost my first two deposits of $25 and $50 on PS. Depositing $50 on PS again, ran it down to $9. Went on a wicked heater in DONs, to $35 stuck with those to 100. Switched to cash and haven't deposited again (other than transferring for Black Friday)

MasterOfDisaster · Dec 23, 2011

Started of with freerolls 6 years ago made my BR and playing since, never ever put in other money.

tcummo · Dec 26, 2011

When I started playing poker, it was for fun and entertainment
but after losing about $100 or so, I started to wonder why I was consistently losing.
So I started to read and study the game of no-limit and limit holdem.
I haven't deposited now for over a year.
I'm now showing a fair amount of profit and enjoying the game much more.
I think it is important to be able to beat micro before you move up in stakes.
As you move up, the game gets tougher to beat, so you need good BRM to
enable you to adjust.
never stop studying the game you play.
gl all

Big_Rudy · Jan 11, 2012

blueskies said:
I've never lost my deposit. I've won every site I've played at, but very little as I play conservatively. Just lunch money, basically.

^This. Not everyone has lost their initial deposit. Ever. Put $50 on Stars about 2 years ago, ran it up to about $2k before Black Friday (thankfully I never played on that "TILTY" website, so I got it all back). After not playing for the rest of the year I finally couldn't take it anymore and put $50 on Carbon about 3 weeks ago. Been having some pretty bad "run-bad" the last couple of days, but still hovering around $150 now.

I think BlueSkies is onto something here as I play VERY conservatively as well. No sudden massive up-swings, but no massive down-swings either.

FeltLikeIt · Jan 11, 2012

Im thinking about putting 500 on Lock and making that my one and only ever online investment? I plan to play low limit tournments for awhile, maybe some small cash games... I hope it all works out!

How many of you guys have lost their initial deposit?

KrazyLuck

Rising Star

Lafayette2

Rock Star

Nathan Williams

Poker Pro

ckickenking

Legend

PurgatoryD

Visionary

Samango

Legend

blueskies

Legend

curly

Rock Star

nc_royals

Visionary

peedee91

Rock Star

JamesDaBear

Visionary

JamesDaBear

Visionary

Humps

Rock Star

LarryT503

Rock Star

MAX101

Visionary

bgomez89

Resident Thugmaster

rssurfer54

Visionary

MasterOfDisaster

Legend

tcummo

Visionary

Big_Rudy

Legend

FeltLikeIt

Enthusiast

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