Poker: Bankroll strategy - part 6 of 6

This will be my last regular post about "Bankroll strategy" as I called it (unless you tell me different!) although I will of course be continuing to play :-)

The previous post (see http://sceaga.blogspot.com/2006/08/poker-bankroll-strategy-part-5.html) I had another average run, but managed better this time.

For this round, I played $20 (+2) 6 seater tournaments with the following results

Game 1 : 25 mins : 4th (-$22)
Game 2 : 40 mins : 3rd (-$22)
Game 3 : 25 mins : 5th (-$22)
Game 4 : 40 mins : 1st (+$50)
Game 5 : 40 mins : 2nd (+$26)
Game 6 : 35 mins : 1st (+$50)

Played 6 games of 6 seater $20+2 STT
Time spent 3 hours 25 mins
Won cash in 3 games
Lost 3 games
Layed out $132
Winnings $192
Winnings of $60 (win of $17.56 per hour)

Summary of all the 36 games played since publishing my "Bankroll strategy"
Played 36 games in total
18 games of 6 seater $20+2 STT
12 games of 6 seater $30+3 STT
6 games of 6 seater $50+5 STT
Time spent playing 17 hours 10 minutes
Won cash in 13 games
Lost in 23 games
Layed out $1122
Winnings $1116
Loss of $6 (loss of $0.35 per hour)

Not bad for a hobby, but could do better :-)

To conclude bankroll strategy:

I will continue to follow my own advice which is

• Never play with money you cannot afford to loose
• Once the bankroll has gone, its gone !
• Work out how long you want your bankroll to last, then pick the stake level that will allow you to play enough games but not be playing "scared"
• If you are doing this for fun, then you should enjoy the games you play, so play whatever game type you enjoy the most
• When playing ensure you have enough time to play, you are away from distractions

Hope you enjoyed reading about my experiences in the online poker world