Losing money

surfer696

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  • #1
How many has been your worst experience in poker, losing money that you couldn't lose, and what problems did it bring you? Personally, I entered a game of 1/2 blinds, I lost 1,100 of the money that was destined to buy a vehicle, I was able to recover, few or almost no one dares to tell their bad experiences, we don't know each other and it will probably never happen, so I went ahead haha just leave it go out
 
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otters

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  • #2
I've been lucky in that I've never lost much.
But then I only play with money I can afford to lose, and if I'm on a losing streak then I stop for a bit.
 
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AlphaCentauro

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  • #3
I lost around $60k at Niagara Falls casino in 2013 and haven’t played for 10 years after that.
It didn’t really affect my life by a lot because I was making a lot more during that time, but it got to the point when it felt like a waste. Plus I was drinking and partying too much and it felt like I’m pushing myself into a ditch with that type of behaviour.
 
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Aballinamion

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  • #4
AlphaCentauro said:
I lost around $60k at Niagara Falls casino in 2013 and haven’t played for 10 years after that.
It didn’t really affect my life by a lot because I was making a lot more during that time, but it got to the point when it felt like a waste. Plus I was drinking and partying too much and it felt like I’m pushing myself into a ditch with that type of behaviour.
Next time donate your 60 grand to a poor person like me, as long as it hasn’t caused you novice and potential harm :ROFLMAO:
Just making a joke mate
We should never treat this subject of losing money we cannot afford to lose as a joke. You did the right thing, stayed away of the tables as much as possible and ever do this mistake again.
 
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AlphaCentauro

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  • #5
Aballinamion said:
Next time donate your 60 grand to a poor person like me, as long as it hasn’t caused you novice and potential harm :ROFLMAO:
Just making a joke mate
We should never treat this subject of losing money we cannot afford to lose as a joke. You did the right thing, stayed away of the tables as much as possible and ever do this mistake again.
If I knew any better I would probably save up the money 😂
I was in my 20’s, wild and stupid, no family no responsibilities 😁 I don’t regret though, it was a fun time 🤪
 
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Aballinamion

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  • #6
AlphaCentauro said:
If I knew any better I would probably save up the money 😂
I was in my 20’s, wild and stupid, no family no responsibilities 😁 I don’t regret though, it was a fun time 🤪
I regret for you then, no problem mate, we all make stupid things when we are young. The most important is that we are able to recognize such mistakes and keep moving or walking like Johnny Walker :ROFLMAO:
Now we take money and poker as a serious business, this is what matters.
 
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eletor2020

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  • #7
The anecdote you tell is typical of a person who has problems with gambling. I only play with money that I am willing to lose.
 
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  • #8
Yes, you are a gambler:Roflmao: :ROFLMAO: no I play with the money I'm ready to lose because it makes no sense to play with the money you need, spend it on the right thing and play poker at least at a small bet but so as not to regret losing later
 
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  • #9
Losing money you say ??? The story of my life
 
Pokerpoet2

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  • #10
Playing On-line or in a Casino, I always only play with money I can afford to lose, If I cannot afford to burn it, I don't get involved, once playing on-line I registered for 10 sit and go games and lost every one over a 8 hour period, the very next day I went back and registered for 8 games and over a 12 hour marathon I won 6, came 2nd in one, and 3rd place in another, but making money in each game.
Poker is not an exact science and anything can happen, bankroll Management is the only sure way to lose and then come back to play again, that is what keeps me in profit and able to take losing streaks in my stride, because everyone goes through a losing period, the secret is to survive them.
 
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  • #11
Also "lost" over 1000.- once although i wouldnt describe that as the worst experience :unsure:
 
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  • #12
Lost about 2000€ once but it was winnings so not that dramatic . Still annoying though
 
surfer696

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  • #13
eletor2020 said:
The anecdote you tell is typical of a person who has problems with gambling. I only play with money that I am willing to lose.
C. Things that happen when you're young, it's an anecdote relax, I'm sure at some point everyone has lost something they couldn't, they just don't say it, the one who says he's not a liar
 
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  • #14
AlphaCentauro said:
I lost about $60k at the Niagara Falls casino in 2013 and haven't played for 10 years after that.
It didn't really affect my life much because I was earning so much more during that time, but it got to the point where it felt like a waste. Besides, I was drinking and partying too much and I felt like I was being pushed into a ditch with that kind of behavior
G0930 said:
I lost around €2000 once, but the gains weren't that dramatic. It's still annoying though
dreamer13 said:
Situations where you do everything right, but don't get the desired result, are very difficult to understand. Therefore, it is necessary to be very careful with numbers, otherwise it will be difficult to cope with emotions. Overestimating your strength and underestimating your variance are two of the easiest ways to lose money quickly in poker. Managing funds is a key part of poker. The main reason poker players go broke (if you don't have skill) is poor management of funds. They don't have a certain margin that could help overcome a bad streak. Or they are simply playing at limits that are too high given the available funds. Practicing good bankroll management is like budgeting in everyday life. You won't be able to pay your bills if you're constantly living beyond your means in the “real world”. The same is true in the world of poker.

AlphaCentauro said:
I lost about $60k at the Niagara Falls casino in 2013 and didn't play for 10 years after that.
It didn't really affect my life much because I was earning so much more during that time, but it got to the point where it felt like a waste. Plus, I was drinking and partying too much and I felt like I was being pushed into a ditch with that kind of behavior, wow.

AlphaCentauro said:
I lost about $60k at the Niagara Falls casino in 2013 and haven't played for 10 years after that.
It didn't really affect my life much because I was earning so much more during that time, but it got to the point where it felt like a waste. In addition, I was drinking and partying too much and felt like I was being pushed into a ditch with that kind of behavior.
Jhahaha I thought I had lost a lot, well bro that's how it is for everyone it's not always good, the important thing is that you came out of it, good vibes b
 
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  • #15
I made a rule to myself to never play with money I'm not prepared to lose, so even though I lost everything I had on online accounts now and then due to frustration/bad play/simple bad runs, I never really lost much money overall (like 100$ at most, if we're talking about a single incident). I do have some friends who I know that lost over 50k over a short periods of time, or gambled away 5k in casino on Pokerstars in 30 min, after getting some bad beats on the tables.
 
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  • #16
stay calm is normal to have periods like this ..sometimes you lose , sometime you win :)...chill , relax it will come your turn too :)
 
AlphaCentauro

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  • #17
surfer696 said:
Jhahaha I thought I had lost a lot, well bro that's how it is for everyone it's not always good, the important thing is that you came out of it, good vibes b
Money comes and goes, good vibes is the only thing that will make your life happy 😁
 
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  • #18
AlphaCentauro said:
Money comes and goes, good vibes is the only thing that will make your life happy 😁
Yes n yes bro
 
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  • #19
a lost a 1000 dollars in one session of cash game
 
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  • #20
Good afternoon.Fortunately,I have never experienced such a terrible loss playing poker .The key is that you must set your limits in this game.That said ,you will never ruin your bankroll.....people call it bankroll management.
 
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  • #21
i've never deposited money and i earnt over 200 bucks in freerolls and microstakes during time, so ...
 
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  • #22
I don't play money that I have to use for important things, as that can bring you a lot of problems. So I recommend not using money that you can't spend.
 
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  • #23
Luckily for me, I lost a lot in online betting and learned bankroll management there... So when I turned my attention to poker I was able to avoid big losses easily.
 
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  • #24
The only rule i set myself for poker:
Never play for the money you can't afford to lose.
 
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  • #25
surfer696 said:
How many has your worst experience been in poker, losing money that you couldn't afford to lose, and what problems did it bring you? Personally, I entered a game of half blind, I lost 1,100 of the money that was destined to buy a vehicle, I was able to recover it, few or almost no one dares to tell their bad experiences, we don't know each other and it will probably never happen, so I went ahead haha just let it out
That's why I usually play freerolls and from there go to satellites and reach a big prize from that point start banking
 
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