Emotion VS. Intellect
Given it will be a huge pain in ass to reload, I was going to protect this bankroll at all costs. I read all the imformation on the net about bonus chasing, risk of ruin, bankroll management and proper stakes selection. I bought and read three good books about online and low-limit holdem. This time I was going to do it right. I have armed myself to the teeth with knowledge to avoid the possibility of sheepishly begging WW for a few extra online dollars. Even if she relented it might not be worth the hassle.
First a little background over the past 5 years I am a winning player at low-limit B&M games 2-4, 3-6, 4-8 B&M. I don't have any money to show for it between dealer tokes, waitress tokes and the rake not to mention a little -EV gaming with the WW. My few forays into live cash NL have been horrible but i am still learning that game. I have won several NL STT live and do well in live NL MTT, cashed a couple of times.(once limit and twice no limit all B&M)
I have wanted to take advantage of the opportunities offered online for a while now, Online I won't have the drain of dealer/waitress tokes. I also refuse to play any -EV games online( I enjoy the community of -EV gaiming at the casino I just don't enjoy it online). In my mind it will be a matter of weeks before I have the BR (1200) to start playing 2/4. Turns out this is very wishfull/emotional thinking.
WARNING : Donkey loser story about to commence
I start with $100 on paradise and go to the .25/.50 tables and 2 table to clear the bonus. after 100 hands i am up 5.00 and get sucked out on a couple of times and am back to the starting $100. I rationalize if I move up in stakes i can protect my hand better.(yeah right players are much tighter at .50/1.00) I now start two .50/1.00 and do ok but it seems such a grind. I make 8.00 in two hours. Now i rationalize I should move up in stakes again (the thought goes like this. I play up to 4/8 live and do Ok why not bump it a bit I can't get any better here and I will make more money at 1/2. Thats still 25% of what i play live). This is now the beggining of the end I have violated every rule I set for myself and deregarded everything that learned over the past few weeks. So now I am playing two tables 1/2 with a $128( I cleared $20 bonus) BR. When I clear $20 more from the bonus my the devil on my shoulder says open a third table. the angel on my other shoulder says your playing in the clouds already. So what do i do? yep split the difference and open up a third table .50/1.00). before we get to the sad tale of how this ends realize that I have my entire BR including cleared bonuses on the table. I am playing not one not two but three tables, two of which are way above what i should be playing and one slightly above what my BR dictates I play. I am three tabling as a online player with very litttle experience. As I start to lose, i watch the ienvitable argument between the WW play out in my head. This little drive-in in my head is not the forest gump feel good story of the year it's a friggin nightmare on elm street with a little chukie thrown in for good measure. It ends with her saying "you lose money online why keep playing?" and then "YOU LOST HOW MUCH IN FOUR HOURS, you never lost that much playing 3-6 in four hours." "It must be rigged!" All of my rebuttals "you see a lot more hands online" and "with such a small BR what did you expect" don't even convince me. I realize that my brain shut down about the time I hit the buy chips button and emotion has taken over from there. I am doing everything I KNOW I should not do. my play has even become suspect(because i am palying so far below my B&M limits I'm sure I must better than everyone here and give no one at the table any credit.) Complete recipe for disaster. My brain finally caught up with my emotions and I pull the plug with $ 50 left. As soon as the computer is off all the mistakes I made start to sink in. I everything wrong that I possibly could have. Playing above the BR, going on tilt when i got sucked out on(it was limit for chrissakes can you even call it a suckout). multi-tabling before i was ready. not just clearing the bonus at low stakes and moving on to the next bonus. Not being happy with a small profit. I was the donkey that most bloggers salivate over. The worst part is I knew better, I knew the hell i would go through If i busted and did all these things anyway. Im not nearly as smart as I thought. Just thankful i pulled the plug with $50 left.
I am going to try this online thing again tonight. If it goes as badly as last night The WW paranoia may not be to far off (Who says I can't admit when I'm wrong) It may be this online poker thing just isn't for me. I would hate to give up so soon but I'm close enough to AC to make B&M my sole poker endeavors at least at the trop I don't talk myself into sitting 5/10 with $100. I am sure I will be just fine if i can keep my brain turned on and my emotions in check.
