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My Poker Winnings Bank Account  +4   
I have told you guys before that I haven't got a lot of money so I couldn't afford to deposit even the minimum amount due to bills and very low income. I also told you that the only money I had for fun was what I won from freerolls and then played up until I cashed out by the end of the month.

Now, what I didn't tell you is that since I first turned 18 and registered at my first poker website, I've been saving all of the money that I've won from poker and didn't spend. Keep in mind that I've only made a TOTAL DEPOSIT of $100 since I turned 18. Now, that money that I've saved has just passed a milestone for me when my latest cashout from Party Poker arrived earlier today.

My "Poker Winnings Bank Account" just passed 50.000 Swedish Kronor. That's almost $7.500!! That's about 1.200 Swedish Kronor ($180) every month. I've been saving that money for emergencies only or until I finally get my own place. Now, with me recently getting a job, the apartment hunt has begun and I'll eventually get some good use out of my poker winnings! Needless to say I'm thrilled about this Big Smile

When I finally get sorted with an apartment, a steady income and get everything else into place, I will see how far I actually could take my bankroll. I've never let it grow up to more then $300 before so it'll be interesting to see what I could do with a bigger bankroll! Maybe I could turn it into some serious cash! One could dream I guess Tongue

     
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Congratulations on being so frugal at such a young age, you are probably ahead of 99% of guys your age in terms of your mindset. I have a poker bank account too where I deposit poker profits too, and I have found it a very motivating tool to keep me focused. Unlike you, I have used it to fund everything from small vacations to surprise expenses to forays onto new poker sites. Keep it up kid. Blink Thumbs Up

     
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Congrats - that's a pretty decent savings and more importantly - the fact you were able to do it (stay disciplined) is worth more than than account, trust me !

     
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Very nice. However, you could of been using that money for a bigger bankroll already and possibly already making more money. If you can manage you money they way you have already, you should not have a problem at all with Bankroll management. Keep in mind however, if you jump stakes up too high too quick you probably won't do that good. This due to the change of players and skill level that comes with moving up stakes. You can probably already beat the stake you are at now, but I would recommend only moving up 1 stake at a time and play at least 10000 hands and look at your results before changing stakes. Managing your bankroll in poker is probably more important then your skill level in the game and I have no doubt that you would have any bankroll management problems. Good luck to you.

     
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wow....that is sweet....have some winnings too from freerolls.also i dont deposit to pokersites...my winnings is still very small but i do believe now that you can make moneyin online poker.....hope to win as big as your winnings.....

     
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Nice Smile It seems you must played pretty well Blink I still waiting for my first cashout Tongue

     
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congrats, tt the way 2 do it ! by the way what is yr nick 2 keep away from you Big Smile

     
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This is one of the first times i hear someone saying what he did with the won poker Money that really impressed me. You did very well. And now you look at it and you feel proud, which is awesome, and even not being that much you won per month, now you got a big smile on your mouth because of what you gathered. I started two months ago doing something similar. Knowing the time that I play poker is just for fun, I opt to only withdraw it to my online wallet, not letting it available for me to spend when I want, just like if it was a poker money safe. Instead of putting the money in a bank product, like a long term deposit or an investment fund, I opt to let it there, and every month there will be some more to join. I hope I can have such a smile like you in a couple of years! Well done! Thumbs Up Hope i can get there too Agree

     
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Thanks everyone for your nice words!

I do have a few concerns tho. Since I only play with what I win from freerolls, I am basically playing with the houses money. I wonder if I will have the same success if I start to deposit.

     
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Very nice mate, and frankly most of all i like that you never considered poker as the most important thing in your life and you now secured a stable working place Thumbs Up

In poker you can go from hero to zero in very short period of time and i think it's very important to have another activity too Blink

     
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Nice achievement there. You did good and didnt put a hand on that money.
And now it will come handy for you to move on. I wish you gl with your new
games with increased bankroll. Maybe after this you can buy your own house Smile gl Thumbs Up

     
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Posted by erru9107:
I have told you guys before that I haven't got a lot of money so I couldn't afford to deposit even the minimum amount due to bills and very low income. I also told you that the only money I had for fun was what I won from freerolls and then played up until I cashed out by the end of the month.

Now, what I didn't tell you is that since I first turned 18 and registered at my first poker website, I've been saving all of the money that I've won from poker and didn't spend. Keep in mind that I've only made a TOTAL DEPOSIT of $100 since I turned 18. Now, that money that I've saved has just passed a milestone for me when my latest cashout from Party Poker arrived earlier today.

My "Poker Winnings Bank Account" just passed 50.000 Swedish Kronor. That's almost $7.500!! That's about 1.200 Swedish Kronor ($180) every month. I've been saving that money for emergencies only or until I finally get my own place. Now, with me recently getting a job, the apartment hunt has begun and I'll eventually get some good use out of my poker winnings! Needless to say I'm thrilled about this Big Smile

When I finally get sorted with an apartment, a steady income and get everything else into place, I will see how far I actually could take my bankroll. I've never let it grow up to more then $300 before so it'll be interesting to see what I could do with a bigger bankroll! Maybe I could turn it into some serious cash! One could dream I guess Tongue



This story is not completely true. You can't play partypoker freerolls before making first deposit.

So, I belive you managed to accumulate $7.500 over the past 3 years, but not playing just freerolls.

Also, it is not possible to cash out from any poker site before making first deposit. I dont know for such poker room. Bottom line is, you deposited at least once at each site you have account.

Edited by stojaca (11 October 2012 @ 21:56 GMT)


     
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Posted by stojaca:
Posted by erru9107:
I have told you guys before that I haven't got a lot of money so I couldn't afford to deposit even the minimum amount due to bills and very low income. I also told you that the only money I had for fun was what I won from freerolls and then played up until I cashed out by the end of the month.

Now, what I didn't tell you is that since I first turned 18 and registered at my first poker website, I've been saving all of the money that I've won from poker and didn't spend. Keep in mind that I've only made a TOTAL DEPOSIT of $100 since I turned 18. Now, that money that I've saved has just passed a milestone for me when my latest cashout from Party Poker arrived earlier today.

My "Poker Winnings Bank Account" just passed 50.000 Swedish Kronor. That's almost $7.500!! That's about 1.200 Swedish Kronor ($180) every month. I've been saving that money for emergencies only or until I finally get my own place. Now, with me recently getting a job, the apartment hunt has begun and I'll eventually get some good use out of my poker winnings! Needless to say I'm thrilled about this Big Smile

When I finally get sorted with an apartment, a steady income and get everything else into place, I will see how far I actually could take my bankroll. I've never let it grow up to more then $300 before so it'll be interesting to see what I could do with a bigger bankroll! Maybe I could turn it into some serious cash! One could dream I guess Tongue



This story is not completely true. You can't play partypoker freerolls before making first deposit.

So, I belive you managed to accumulate $7.500 over the past 3 years, but not playing just freerolls.

Also, it is not possible to cash out from any poker site before making first deposit. I dont know for such poker room. Bottom line is, you deposited at least once at each site you have account.



He said in there he has deposited a total of $100

     
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Posted by stojaca:
Also, it is not possible to cash out from any poker site before making first deposit. I dont know for such poker room. Bottom line is, you deposited at least once at each site you have account.


Not completely true: I cashed out three times from a room I NEVER deposited (a skin of microgame network).

     
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@stojaca- why can't someone make their winnings solely from freerolls- yeah, maybe one make a deposit just to qualify for those freerolls, but that doesn't mean he uses this deposit to play from it. he makes a deposit- qualifies for the freerolls- and grinds the all the way. as he mentioned- plays with the house money...really nice achievement Thumbs Up

     
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Last year my friend wins 20000 dollars.He said that with a strong desire everyone can just win.And i thing so.All depends on you.

     
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Posted by erru9107:
Thanks everyone for your nice words!
I do have a few concerns tho. Since I only play with what I win from freerolls, I am basically playing with the houses money. I wonder if I will have the same success if I start to deposit.


Long time ago I participated on a discussion around here about that: Does winning first and withdrawing profits turns out to be a way for online poker rooms to call members for more action, encouraging them to deposit with the dream of making even more profits that, after all, will never come again? In my modest opinion, I think that is a myth! After winning what we consider a nice amount of money, we can tend to start playing a looser game, going to the flop with more hands, and this will just be increasing our percentages of losing, because we risk a lot more. I think this is why many say the game doesn’t run the same way when they play with bonus and with their own money. But we only tend to feel the sensation of lost when we deal with our own stuff, not with borrowed stuff that we don’t care what can happen to it. So, you have to try to keep playing the same way you are playing right now, that’s the main trick.

     
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My "Poker Winnings Bank Account" just passed 50.000 Swedish Kronor. That's almost $7.500!! That's about 1.200 Swedish Kronor ($180) every month. I've been saving that money for emergencies only or until I finally get my own place. Now, with me recently getting a job...

That's a perfect combination. If you have a steady income it's much easier to play poker not worrying if you'll have enough for more important things in life.
And congrats for the winnings. Those aren't small numbers for most people and it will certainly help you along with getting your own place and being your own man. That's what we all want after all.

     
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that's a really nice return considering u started with $100 ...a $200/month in average... maybe in the future u will manage to increase that average...
let the winning streak go on Big Smile

     
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Posted by Fakiry:
Posted by erru9107:
Thanks everyone for your nice words!
I do have a few concerns tho. Since I only play with what I win from freerolls, I am basically playing with the houses money. I wonder if I will have the same success if I start to deposit.


Long time ago I participated on a discussion around here about that: Does winning first and withdrawing profits turns out to be a way for online poker rooms to call members for more action, encouraging them to deposit with the dream of making even more profits that, after all, will never come again? In my modest opinion, I think that is a myth! After winning what we consider a nice amount of money, we can tend to start playing a looser game, going to the flop with more hands, and this will just be increasing our percentages of losing, because we risk a lot more. I think this is why many say the game doesn�t run the same way when they play with bonus and with their own money. But we only tend to feel the sensation of lost when we deal with our own stuff, not with borrowed stuff that we don�t care what can happen to it. So, you have to try to keep playing the same way you are playing right now, that�s the main trick.

Thanks for that advise! I kinda figured that I would have to play the same way that I do right now but I haven't really thought about that way before and by actually depositing it might feel more like a loss if I would lose a buy-in. I'll just have to try and keep my emotions in check Tongue

Everyone: Thank you for your so very much for your nice words! I do love it when I can tell a story of success here at the forum and just get support and lots of pads on the back! Much different story if I were to tell my mom this. She would all like "oh, you're just gonna lose it all eventually anyway so why bother? You're just addicted and will play away all your money!"

So yeah, thank you BRM for setting up this great community where you can share your own and others success with a bunch of great people and also discuss a lot of different aspects of poker without being treated like a gambling addict that's out of control!Thank you!!

     
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