Losing Money: Should I Stop Playing?

aguwind · Oct 25, 2021

tw082 said:
Stop something, I don't know what your playing but you should be playing micro mtt. It's really hard to lose that much this way. Take advantage of all CC freerolls and specialty games. Good games with better competition than most MTTs.

That's a interesting method

Navin Sarabjeet · Oct 25, 2021

JordanH said:
All depends. Is $850 a lot of money to you? Personally there are many other things I'd rather spend that money on - rent, food, electricity, ... new Porsche.

That is QUITE an EXPENSIVE porche

Please do tell us the address also where to purchase a new porche at such a fine rate

jj77jwj · Oct 25, 2021

Yes slow down to a 1 dollar 2 tournament its hard to slow down when your losing I have been there try to double up on your whole stack when you have been losing when you lose your whole stack then you got to deposit again

Gutshot Gus · Oct 27, 2021

One train of thought on this is to play, but match your skill level to the stakes you are playing.
You should be studying as much as you are playing.
Drop down to the micro levels and win your stake to the next level.
at the $0.01/0.02 level start with $100. That is 50 big blinds and play that until you win 150% of the big blind for the next level. When you get that , just keep playing until you step up the ladder. By doing this you will keep your bank roll inline with your skillset.
If you are losing instead of winning, then study more and get something like Poker Tracker so you can find your leaks.
You have got to gain confidence so that you expect to win. This might sound crazy, but give yourself permission to win.

manzanillo53 · Oct 27, 2021

No, cut back on the games maybe, reevaluate your play. For that money, maybe get a coach, I think it would be worth it. If you start to win or the coach says poker is just not for you, still money well spent.

ToNy70929 · Oct 27, 2021

Please take a break, you lose 1-2 games, leave the game without hesitation and take a break until the next day

xpvictor1 · Oct 27, 2021

If you are asking the question ..... then you should probably stop.

Rob Hobson · Oct 27, 2021

Yes or know

jason2626 · Oct 27, 2021

Bigjay wants to know

Yeah if you have to ask that question tell me you should, but that's my opinion

maestro121920 · Oct 27, 2021

My advice is to study your leaks. You lost money but you learned something. Analyze every hand and tag all the players that are aggro, fish, or regs.

Whaevoz · Oct 28, 2021

If you are consistently losing money, you should NOT quit. Instead, let me know what table you are on and I will come and help you.

najisami · Oct 28, 2021

aguwind said:
I have been playing Poker on Pokerstar for 2 months and lost 850 CAD already. Should I stop?

It depends on how passionate you are about the game. If it's just a hobby that's costing you a lot of money, you know there are cheap ones around and without the frustration. But if you like poker and want to be serious about it, then you have to put in the necessary work. Studying the game for instance is crucial nowadays. In fact, poker theory and concepts are constantly changing and you really need to keep up in order to have (or not) a chance.

Jay R · Oct 28, 2021

Not necessarily. All gamblers & poker players have ups & downs. Don’t bet the rent money, but the cards will turn

1984 · Oct 28, 2021

aguwind said:
I have been playing Poker on Pokerstar for 2 months and lost 850 CAD already. Should I stop?

What do you play? What level are you playing? If it is tourney, also what buyin level, how big fields? How many hands, tourneys have you played? etc. Basically you don't say any fact what could be a starting point to decide yes or no - except you lost some money, what already happened with all poker players. So based on that, no, you shouldnt stop.

If you just started, you picked the worst room. High rakes, no real rakeback program, everybody wants to earn huge, so they go there, as they still have the biggest player pool. In my opinion, very bad idea to start poker in that room.

Laynester · Oct 28, 2021

YES - stop playing poker if you're unable to quit and lose $$

Make money by saving up for a down payment on a house.

After you get that.

Then you can afford to lose money playing poker anytime.

Thank you for listening!

..bluff..

xXFelaXx · Oct 28, 2021

i think that's very important to know when to stop, dont get this as a vice, but a fun game, with some chances to win some money, play responsabily

Muzyka1996 · Oct 29, 2021

Poker is not always a profit, you need to analyze your game

Pokerpoet2 · Oct 29, 2021

aguwind said:
I have been playing Poker on Pokerstar for 2 months and lost 850 CAD already. Should I stop?

Stick to free-rolls for a while, do a lot of studying, starting with Cardschat 30 day Poker School, maybe follow a few Pro's on Youtube and Twich, read a couple of good Poker books, but most important, don't be in such a rush! 2 months is not that long, I have been playing for over 20 Years and still do all those things.
Poker skill's come with Time, Practice and Patience, and cannot be learned over night, as the Great Poker legend Doyle Brunson say's "Poker is a game you can learn in 5 minutes, but it takes a lifetime to master".

When the fun Stops, STOP!

Tunkki · Oct 29, 2021

Poker should be funny. It can also be a hobby and sometimes hobbies cost money. You have to know why you play poker and what you want for it.

Alexey Shley · Oct 29, 2021

If you invest in poker and start to lose money, then you should think about whether you are the right choice, maybe you have chosen something else, you cannot call it any other way than excitement

Qairo · Oct 29, 2021

aguwind said:
I have been playing Poker on Pokerstar for 2 months and lost 850 CAD already. Should I stop?

I think you should to make break and analyse your practice.
There are many reasons for losing money in Poker. So, you should to as youself some questions about your game and try to find answers.

malucado4545 · Oct 29, 2021

I believe that when you start to lose money you should not stop playing but analyze and see what is wrong with your game!

PavelTimofeev16 · Oct 29, 2021

I lose often but I can't refuse to play.

badbanking79 · Oct 29, 2021

If you can afford it.... f... it

If you can afford it and you enjoy it then sure keep on.

I mean people spend a lot of money in there hobbies.

But perhaps it would be clever to go through some tutorials online to improve your chances.

Might make the game even more enjoyable.

But like I said, if you enjoy it and can afford it, DO IT.

10gerka · Oct 29, 2021

it would be advisable that you give yourself a break in the game, that will help you first not to lose more money, second, you can correct your mistakes, and third to create a solid strategy that will help you make money in the long term, sometimes we make mistakes of beginners to play and play and do not have game strategies, that in the long run makes you lose time, so if you want better results you should study the game a lot and ask for advice, that way you will be more disciplined with your game in all aspects.

Losing Money: Should I Stop Playing?

aguwind

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