"Nothing Sexier Than Talking Bankroll Management" New Poker Monk Vlog

thepokermonkthepokermonk Red Chipper Posts: 320 ✭✭✭
edited January 2017 in Off Topic Chat
Let me know what you think.



Comments

  • Mr. DontMr. Dont Red Chipper Posts: 370 ✭✭✭
    Great disciplined bankroll mgt. Know not easy, I wouldve jump into $2-5. And breath when you shooting a vlog. Good job.
  • thepokermonkthepokermonk Red Chipper Posts: 320 ✭✭✭
    Mr. Dont wrote: »
    Great disciplined bankroll mgt. Know not easy, I wouldve jump into $2-5. And breath when you shooting a vlog. Good job.

    Thanks, Alex!!!
  • MichaelMichael Red Chipper Posts: 3 ✭✭
    I really enjoyed your video and thoughts on BR.
    Good luck!!!
  • MailmanMailman Red Chipper Posts: 44 ✭✭
    I never really think about how good I got it until I see vlogs like yours when you talk about driving over 2 hours to the nearest casino. Lucky for me I've got 3 within 45 minutes of me with the best one with the busiest poker room only being 2 miles away from the crib. So convenient.
  • thepokermonkthepokermonk Red Chipper Posts: 320 ✭✭✭
    Mailman wrote: »
    I never really think about how good I got it until I see vlogs like yours when you talk about driving over 2 hours to the nearest casino. Lucky for me I've got 3 within 45 minutes of me with the best one with the busiest poker room only being 2 miles away from the crib. So convenient.

    You're living the dream, my friend. I am jealous.
  • thepokermonkthepokermonk Red Chipper Posts: 320 ✭✭✭
    Michael wrote: »
    I really enjoyed your video and thoughts on BR.
    Good luck!!!

    Thank you so much, Michael!
  • CarrieCarrie Red Chipper Posts: 71 ✭✭
    edited January 2017
    Another great vlog, thx! Does your training budget come out of your bankroll? Im curious how that works.
  • thepokermonkthepokermonk Red Chipper Posts: 320 ✭✭✭
    Thanks, Carrie. For the most part, training comes out of my bankroll, especially the more expensive things like coaching and training site memberships. The other stuff like books, I just pay for out of my "life roll" because the cost is small enough that it doesn't make much of a difference either way.
    When I first started paying for coaching out of the bankroll it hurt a little. I was trying so hard to increase my bankroll that taking money out for anything other than laying it on the felt seemed crazy. But after hearing all the advice about coaching paying for itself many times over, I decided to just start reinvesting a portion of my winnings back into training. Haven't regretted it for a single moment since.
    Thanks for the kind words about the vlog and happy new year!
  • CarrieCarrie Red Chipper Posts: 71 ✭✭
    Thanks for the response! My bankroll is in the negative so I've always struggled with how much to spend on training/coaching when I'm not even a break even player yet.
  • volcanovolcano Red Chipper Posts: 346 ✭✭
    I dont have a bankroll, Its a liferoll, and im broke?

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