Ultimate Poker Life Busto Stupidity

Saturday, May 14, 2011

Ultimate Poker Life Busto Stupidity

I can now say I have been completely busto! Busto in every way. I guess it isnt something a poker player would ever like to admit, hell I don't care though, the truth is the truth, why hide it? I guess a poker player losing their shirt, entire roll and lifestyle leaving them begging for poker god mercy or in the case of some degenerates I have seen in the last year; funds from friends is certainly not something a guy would discuss openly. I however am happy to. People need to know what it is like to go busto and also what players in the USA that relied solely on online poker income are likely to expect within the next year!

My busto wasn't one that was planned, the same would apply to everyone I guess. Regardless of what the tourney players may think based on my stats they are able to see it wasn't due to playing badly or bad bankroll management either. In the case of me, it was un-avoidable - sudden and painful.

Never put all your eggs in one basket is definitely something many players in the USA have likely learnt is now a true and just saying, just like I have. Once I was sponsored with the fabulous feltstars I did just that worried about 1 roll only - my feltstars one. I cashed out and paid bills with some rolls on other sites, wasted the funds on others in fun drinking play and left myself with only 1 option - my 100% totally funded sponsor site. Being 100% totally sponsored meant I was given a roll to play with and what I made on cash tables I kept. Nice easy poker lifestyle, until I couldnt play there anymore.

FeltStars had done the right thing by me and still do, none of my busto had anything to do with them of course, it was my own stupidity. In reality with my contract due to be renewed in June I should have been prepared for the worst anyway. On the fateful day I was no longer able to play on Merge I gave my entire funded roll back to them. It was back to the 1c/2c tables for me! Quite the difference from $500 pots!

This crushed my soul, made me cry, left me in limbo, made me feel helpless, hopeless, useless and lifeless. Worse of course was to come when I had nothing to pay my bills. A long time between blog posts as i had my net cut off.

I pity anyone who relied solely on playing on the big 4 that live in the USA. I guess they are in the same situation, wondering how they are going to pay for things - obviously at a completely different level though as most of them likely have a lot more money and a lot less kids then me!

Regardless of anything you do in poker be sure you always have backup sites in case things go bad for you. Hundreds of thousands of dollars being frozen with no apparent way to make an income really sucks for a lot of people right now - especially those that do no live near live casinos. To all those suffering, my thoughts are with you as I get back on track.