If you lost all your invested money..

Gian Totaro

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  • #1
Hello CardsChat players, first of all Happy New Year everyone! Successes.
Question... what would you do? Would you start over? Or would you give up poker entirely?
 
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Luvepoker

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  • #2
I would not give up to be honest but the 1st thing I would do is evaluate what happened. I do play within my bankroll and use good bankroll management. For me to go broke it would need to be an ugly time in poker.

1st I would look at my bankroll and make sure I did use proper management. Some players chase there loses, and I want to make sure that did not happen. Also did I more down when I should have multable times before I go the opportunity to go broke.

2nd I would do a deep review in my play. Was I pressing. Was I playing a good starting range and playing smart on the flop, turn and river. Was I making bad calls or pushing questionable hands. ect ect

While it always possible variance was bad and why I lost my roll it's much more likely something in my play was the issue. There was a time I was in a very deep downturn. When i did a deep review after 10+ months I found a massive error had developed in my game.

One thing I would not do right away is to play or deposit. I would do a deep review 1st and see what happened. After a good month or 2 or 3 I would then make my deposit and start over.
 
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  • #3
For more than 10 years of playing at Pokerstars, I started all over again several times and even had a break in the game for half a year or a year, but it never occurred to me to delete the poker client and stop playing the game for good.
The last time I lost my small bankroll in June 2022, I started earning it by playing freerolls.
Today I have about 800 dollars and a good skill in playing various tournaments and satellites to them.
I know that I'm not going to quit poker, no matter what happens.
 
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puzzlefish

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  • #4
Gian Totaro said:
Hello CardsChat players, first of all Happy New Year everyone! Successes.
Question... what would you do? Would you start over? Or would you give up poker entirely?
How big was the investment? You're talking just about poker bankrolls, right? Some people leverage themselves way too far and the loss is devastating. Others are playing for a few hundred dollars and it doesn't really matter much to them. I personally don't care. I don't play with amounts that would harm me and, having played at various stakes, I know that this is something I will keep playing just as a hobby and nothing serious. It requires way too much of a commitment in time to do well over a long distance. I'll just keep freerolling and taking shots at satties and low stake games every now and then.
 
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  • #5
Losing an entire bankroll sounds like it could be disheartening, but I don't know if this would make the player necessarily want to quit poker for good. I think that type of thought only comes up regarding HOW the bankroll was lost and the emotions surrounding the situation. If poker becomes too much to deal with (financially, mentally, emotionally etc.), then the player may think about quitting (and perhaps they should in some of those cases), but simply losing their bankroll in an objective sense doesn't necessarily mean the player will feel like quitting.

p.s. Just me giving my opinion, but it should be noted that I've never experienced this. I've only played freerolls and cardschat events and homegames among family/friends. I'd like to try microstakes online or try live poker in a casino etc. but that hasn't happened yet, so I certainly couldn't speak on losing a bankroll from experience.
 
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  • #6
Gian Totaro said:
Hello CardsChat players, first of all Happy New Year everyone! Successes.
Question... what would you do? Would you start over? Or would you give up poker entirely?

I have deposited dozens upon dozens of times.
If you're in your first couple of years playing poker, I'd suggest thinking of money lost as an investment in learning how to play the game.
 
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  • #7
I think that if someone is considering poker seriously, he would never quit, rather he would study again and again till he make it. However there are tons of recreational player who play just for fun and it doesn't matter if they loose their bankroll or not. I've lost many times my bankroll, I stopped playing and switched to studying the game in those periods, when I came back, I've got that feeling that I'm progressing with my game. Now I know that I have to put in the right volume of play to progress and assess my performance.
 
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Pavel1203733

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  • #8
Gian Totaro said:
Hello CardsChat players, first of all Happy New Year everyone! Successes.
Question... what would you do? Would you start over? Or would you give up poker entirely?
i would started again. Cardschat helps me to try to build my bankroll with freerolls. Thank it for this way.
 
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  • #9
Gian Totaro said:
Hello CardsChat players, first of all Happy New Year everyone! Successes.
Question... what would you do? Would you start over? Or would you give up poker entirely?
First, you wish everyone success in the new year, and then, having lost your bankroll, you tend to give up poker. Deepest delusion. Feel free to make a new deposit. And the more the better. After all, poker sites and other players need something to live on. More fish - fatter predator!
 
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  • #10
The question of what to do if you lose at poker is sure to be visited by many people. After all, most of the novice players are looking for quick money. And this means that in no case will they look for an opportunity for growth and development, they will not try to draw conclusions from mistakes, they will bet too much money on the game and it will not end in anything good.Giving up is not always a bad thing, because it may be that poker is not your thing. You will not be able to invest in it the necessary amount of effort and effort to succeed. But this can also be a bad decision, because you may have a talent that you decided not to reveal.Continue playing, which, again, can be a good or bad decision. After all, if you take up your mind, there will be a result, and if you decide to just continue spending money, nothing good will come of it.A strong move will be an attempt to win back the lost balance from scratch, for which you can participate in free tournaments - freerolls. This is a very good goal, because it will be a real overcoming, in which you will have to really fight for good positions, starting from scratch.
 
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  • #11
hello friend if you lost all your money or are just starting to play free tournaments, do not deposit money and win free tournaments I think after you will have money and start playing for real money and going up to the limits higher, the main thing is to take your time as in any case you need patience
 
Eduard0Felipe

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  • #12
Happy new year to you too, to you and everyone reading this :)

Well, don't stop, why? You don't like the game?! If I could give just one tip, it would be: bankroll control, study this, basically it's dividing the money you have into buy ins, dozens, maybe even hundreds of times, so your chance of losing everything is small.
 
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  • #13
Hello:)
For some reason, I cannot stop playing when I fall into a state of badbeat until I go bankrupt, although I am sure that I am going bankrupt, and until this moment I have not found a solution to this situation:(
As for losing everything I have on the bankroll, this has happened to me hundreds of times, and I never once thought of quitting playing poker, because I see poker as life, 'happy and sad', i believe that only a failed or weak person succumbs to the bad blows that he faces in life whether moral or material.
I do not think that bankruptcy is a convincing reason to stop playing poker, because it is not necessary to exaggerate the amounts with which we play poker, because it is possible to play and enjoy poker with appropriate amounts and also win good amounts if we manage the bankroll properly.
 
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  • #14
Most people are losing poker players at the stakes they play at. However if you go broke it may hint at some other mental hang ups like tilt and poor bankroll management as well.

It takes a LOT of work to become good enough at poker to ern anything that resembles good money in most western countries, you have to decide if you're willing to put in the effort to get better than your opponents.

Or you could just play for fun and not worry about making money from it. But you're not going to get rich without a lot of blood sweat and mostly tears lol
 
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  • #15
it did happened many and still playing
never loose faith for the love of the game
 
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  • #16
I only “invest” time nowadays so... :unsure:
 
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  • #17
Get back in the saddle!!!
 
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  • #18
I'm going to take a long Break to review where is the glitch, what made me lose bankroll, I'll use the lessons available on CardsChat
 
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  • #19
Happy newyear to you to,

Many poker players go broke even pro’s, truth be told it’s personal and down to yourself weather you quit or weather you don’t….is it causing you hardship? Are you playing with only what you can afford? If you have been playing a long time and have won nothing of significance and aren’t getting any better no matter how much you learn I would say give up poker as a bad hobby and save your money and maybe just play for fun..? if you have been in the money and made significant profits month in and month out then stick at it … if it’s out of greed raising your stakes to fast and losing your bank roll then simply suck it up and start again…. It hurts like hell…. But it is what it is… if it’s sports betting and casino you can’t stay away from then a lot of poker sites have software that you can ban yourself from casino and sports sections … for example pokerstars …. I don’t know the ins and outs of your situation my friend but I hope something I have said will guide you in some way or another,
All the best and once again happy newyear ❤️

Much love
Danny
🙏❤️
 
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  • #20
Gian Totaro said:
Hello CardsChat players, first of all Happy New Year everyone! Successes.
Question... what would you do? Would you start over? Or would you give up poker entirely?
I lost much times haha, i'm back and winning some, cashout, lose and back, the circle never stops for me
 
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  • #21
All players without exception lost money. The question is to what extent. If this is money from free tournaments, it is not so bad, if the deposit, it is very annoying, because it is hard earned money. But despite the defeat, I think 98% return to the game with different break times.
 
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  • #22
Gian Totaro said:
Hello CardsChat players, first of all Happy New Year everyone! Successes.
Question... what would you do? Would you start over? Or would you give up poker entirely?
Hi, friend!
It's hard for me to say since I only play freerolls, but I think that if this happened to me, I would try again, given the mistakes I made.
 
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  • #23
I would keep the sums of money low and just play for fun and not look at Poker as an investment. If you notice you keep making money maybe move up. If I assign $20 or $50 to my Poker bank roll and lose it it's nbd, if I consider my bank account as my bank roll and lose all of it that could be devastating and make me want to never play again.
 
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  • #24
as one famous hero said, WE WILL SURVIVE, make a deposit or play freerolls, from any situation there is always a way out
 
tony2521

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  • #25
hello

If you lose what you could lose then there is no reason to think about quitting poker. Wait, take a pause or a stop and start again.

If you are losing more than you can lose and are involving money that you have for other commitments, then you may have gambling problems and should give up poker completely until you treat your problem, as this can destroy your life.

Play responsibly.
 
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