How much have you lost?

[Toby]

My biggest loss in poker would have to be when I first started playing poker, and I had a bit of money I thought I would go round a mates house who plays poker often with his friends. The pot got to about £800 and about £350 of that was mine I had triple 10's so I was fairly confident and at that time I wasn't too sure on the rules and this guy called Adam had a Flush. I felt sick afterwards and at first thought he just made up what a flush was because he knew I didn't know the rules properly. hehe

How much have you ever lost in the past?

 

[Ione]

I've only been playing for about about 6 weeks. It took me a month to lose $70.00 at low limit hold'em tables online. But here's the thing that's bugging me... I started right away researching and trying to tighten up and improve my game... and now I lose faster than ever before! I've already lost another $10.00 (in less than a week) on top of the original $70.00 :-(


Things I've noticed:
1. I am much tighter and don't play all that many hands. I used to think any two cards can win. But not so anymore. I tracked my wins vs. losses doing that and was SHOCKED!
2. I am beginning to understand why some more experienced players hate playing with "fish"... Fish chase cards all the way to the river with NOTHING to start with, and end up getting their miracle card. Anyone else would have folded long before or never even played a poor starting hand. GRRRRRRR!!!!
3. But my biggest leak is not paying close enough attention to what the other players MIGHT have. I'm really bad about this especially when I think I have the nuts.

I know you didn't ask for this kind of info... I'm just rambling here. I constantly think about this.

 

[Knoxpoker]

Ione... quit brooding on those beats. I used to be the same way - I definately understand. Which book did you read on Hold em'? I play pretty well online and I routinely place in tourneys around here in TN... but whenever I play in my home game with "fish"... I don't think i've won ONCE!!! So I definately understand.

TRY TO FORGET THOSE BEATS - It will literally drive you INSANE!!!

 

[Hashash]

I have been playin for close to a year and have made about a thousand dollars worth of deposits combining all sights i have played at. i dont do too bad in the games , but im a gambler , and being that i go for the throat when i feel like i am lucky and that rarely turns out good. I manage to make aprofit that really doesnt mean much because it rarely gets withdrawn from account. Most of the winnings i put right back in the following sitting...whether its next day next week or next month. i put all winnings back plus on top of them i re-deposit from anger and look for revenge..lol. i need to learn self control ,..I KNOW WITHOUT IT I WILL HATE POKER IN THE LONG RUN. but for now im lovin it.

 

[Duke14]

I am still ahead at a certain site. However, last week I lost $60 over a short period of time. Not a lot, BUT, I lost to 2 jerks who were in collusion. One, as of yesterday, has been removed from site.

 

[DarkDingo]

ive once deposited 20 $ and lost them if i won a little money i started to loose them all again but now im almost only playing freerolls and therefor not losing anymore money others than the ones i earn in freerolls

 

[upindaclub]

Losses

I think the best way to cut your losses and improve the cash flow situatuion is to manage your money properly. First of all you have to figure out which game has the best odds of you winning money and the lowest risk of you loosing it . For example you wouldnt choose to play a 5 10 nolimit table ring game if your budget is 100 dollars. You might want to take a 10 dollar investment to a multi turny and win 300. Then with that profit you can take the risk of trying a 5 10 table with 100 and go add the odds. only a suggestion that helps me out alot~

 

[wasp23]

ive lost a bot to start with but now im not losing at all
the $5 sit and go games are the best fior making money

 

[steve_rowePA]

the most i ever lost at one time was probly 20$ from a torney... but i have lost about 300$ in one day from playing on tilt

 

[Ione]

Ione... quit brooding on those beats. I used to be the same way - I definately understand. Which book did you read on Hold em'? I play pretty well online and I routinely place in tourneys around here in TN... but whenever I play in my home game with "fish"... I don't think i've won ONCE!!! So I definately understand.

TRY TO FORGET THOSE BEATS - It will literally drive you INSANE!!!

Knox, thank you for your advice. I get what you're saying... and I admit I have a tendancy to brood, lol ... I tell myself I'm thinking about how to IMPROVE on what happened by going over it, but then I go over it again... and again... and then I get upset with myself and... bah! I'm on tilt. One of the things that does help tho, is telling others about it. If I can get it OUTSIDE of myself, it really helps to let go of it. That's why I like this forum. Hope I don't bore anyone and I promise not to overdo it... (tho you might want to avoid the "bad beats" thread) LOL! :icon_sile

So thanks all, for listening.

As for books, well, I'm still trying to decide which one to get. I learned online at texasholdem.com, then went to PacificPoker to play demo tables (fake money). Then I deposited that initial $70.00 mentioned in my earlier post.

What books do you recommend? I think I play well enough for someone who's been playing only a short while. I have a problem with seeing all the possible hands other players might have (in that short amount of time the online tables gives to make a play), and that's how I get beat now. I'm a pretty tight player otherwise. My other problem area is with math, and they say calculating the odds is a big part of this game.

So I'm open to suggestions. Thanks!

 

[Ione]

I think the best way to cut your losses and improve the cash flow situatuion is to manage your money properly. First of all you have to figure out which game has the best odds of you winning money and the lowest risk of you loosing it . For example you wouldnt choose to play a 5 10 nolimit table ring game if your budget is 100 dollars. You might want to take a 10 dollar investment to a multi turny and win 300. Then with that profit you can take the risk of trying a 5 10 table with 100 and go add the odds. only a suggestion that helps me out alot~

I played my first tourny today, and I see the wisdom in your words! Thanks for this suggestion! I'm going to try managing my money better.

 

[Toby]

Yea I agree with that I don't see too much point in playing for such little money, I play for a bit of money to make it more fun and exciting but at the same time not too much because there is a greater risk of losing all your money and in a small amount of time

 

[Knoxpoker]

Ione, I would suggest Low Limit Holdem' by Sklansky... it wsa a GREAT book that helped me with Odds... Also try www.pokeroffice.com and download the free calculator. Play some FREE money wiht it and it calculates all of your outs for you... I'm a hands-on learner and SEEING how they calculated them helped me out tremendously... Keep venting about those bad beats, but just don't beat yourself up... I've told the story about flopping a boat with KT and having AA put me all in for $64 and then getting an A on the turn and an A on the river for 4 OF A KIND!!! about 100 times...

 

[Ice76]

I lost a 9000$ pot last year. I bet 4500$ with a friend that the Patriots would win the Superbowl, and I won the bet. Then he asked me to play heads-up hold 'em double or nothing, and I, half-drunk, said yes. Eventually we were right back where we started, 50 chips each. I got KcKh and went all-in preflop. He called with Ac6s. Flop came 9c5c3c, turn Ks, river 8c. Rivered his flush (and mine), lost K-high flush vs Ace-high flush for 9000$, making me owe him $4500.

 

[PattyG]

ten DOLLARS?!?!

I think i'm in the thousands, and I'm just a university student




PattyG

 

[PattyG]

WOWZERS

Yeah ... I said it.... Thousands!!!

DEGENERAAAAAAATE!!!




PattyG

 

[Snoopy17]

Most Ive lost in one session is 40 most one is 120. Im up around 150.

 

[Toby]

omg Ice how did you recover losing 4500 ???

 

[Ione]

Ione, I would suggest Low Limit Holdem' by Sklansky... it wsa a GREAT book that helped me with Odds... Also try www.pokeroffice.com and download the free calculator. Play some FREE money wiht it and it calculates all of your outs for you... I'm a hands-on learner and SEEING how they calculated them helped me out tremendously... Keep venting about those bad beats, but just don't beat yourself up... I've told the story about flopping a boat with KT and having AA put me all in for $64 and then getting an A on the turn and an A on the river for 4 OF A KIND!!! about 100 times...

I went to the site and found a download for a tracker program, but couldn't find a calculator. Did I miss it somehwere? Help! 'Cuz I would REALLY like to have somethng that would help me understand about outs and odds and that stuff.

Thanks so much!

 

[BrittanyL]

thousands??? sounds like an understatement to me!!

 

[CUBSWIN]

Ice, How did you lose money on double or nothing after winning the superbowl bet? You must have been drunk, cause you should be even.

 

[Pat]

i have only lost a couple hundred playing poker

 

[Knoxpoker]

Pokeroffice has an outs calculator included... I don't know about any others... Just download pokeroffice then sign up for Empirepoker or partypoker and play with the FAKE MONEY... it will still get you experience with the calculator and you'll start to realize how to calculate outs.... plus it will be FREE

 

[Snoopy17]

Was up 100 now up 50 Up and Down up and Down thats my day.

 

[fullhouse]

i lost 200$ on bet365casino.. i earned it from MLB..