This morning I got up bright and early – 5am – and decided to try out my new conservative poker strategy at i4 Poker. I play at a no limit $.05/10 table, but only start with 5 quid (that’s about 8 dollars), and never add any additional funds until the next day. So if I lose all 5 quid, then that’s it for the day for poker.
5 quid is the amount of money that I was given as a bonus for signing up with i4 Poker. I could start with 10 quid at these tables, but I’m reasoning that if I start with less, then I’ll be much more careful about how I play, especially if I can’t play any more that day if I lose it.
Did my approach work?
I think so. Even though I eventually lost the 5 quid in about two hours, I don’t think I made many regretably stupid plays. I was never up over the 5 quid. And at one point I was down to less than a quid, and I fought back to over 4 quids. I was quite proud of this effort, because in the past I would have been tempted to throw in the towel with so little to risk. Even though I did eventually lose all 5 quid, I didn’t feel that bad about the loss. I know that I’ll have another day tomorrow, since I have 33 quid left in my account.
Admittedly, it has been difficult to restrain myself from playing. But there is a certain sense of satisfaction I get when I realize that I am the master of my domain.