Joined: Oct '14
Location: Serbia
Age: 34 (M)
Posts: 4358
well I was grinding last 3 months or more 3$ sit and go hero on party.... and I made like 2k$ from it... I withdrow like 1k$ rest was my bankroll... so few days ago I had negative session... like 60$ which is almoust nothing... this things happend... so next day I come back and had one more negative session of 60$... which is also nothing... this things happend specialy when you are playing high variance games like those spins... and that same day I got 300$ spin, and got kicked out stupid from it... now this is when things went bad... I did something very stupid, which I dont do usualy... I went on 20$ spins... and menaged to get 400$ more down... that was terrible... I didnt know what to do... I would need more than a moth, maybe 2 moths to get back those 500$+ of downswing... I was realy stucked and didnt know what to do... now I was left with 2 options... go back and hard grind those 3$ spins or risk it and continue with 20$ spins... so tomorrow I decided to go back at 3$ spins and see how things are going... I was doing solid... had like 30$ profit and than again I hit 300$ spin... I entered hu with 1650 chips and my oponent had 350... and I menaged to lost it... I was feeling so sick... in this time when I needed to win it I somehow menage to lost it after this huge chip lead... so I decided to go back at 20$ spins... and after 2 or 3 spins I hit 1k$ spin... I was like great... I will recover all my losses, and I will not see those evil 20$ spins until my bankroll can support them... and I enter hu in this 1k with 1260 chips, and my oponent had 740... and on flop with 2 clubs I tried to bluff repping top pair if flush doesnt come, or repping flush if it comes... turn bringed flush so I was continue my agression, and he had K high flush, and I menaged to double him up, and right next hand I got crushed into aces.... and lost that 1k$ spin... so I continue to play those evil 20$ spins, and menaged to crush my bankroll all the way... I had some points so I changed 1500 points for 100$ and decided to make a break to not play that day, or tomorrow, and continue today, to try to get back my bankroll... and today I menaged to lost all... my 1k$ bankroll was gone and I am left with only 700+ points... and that was it.... i realy dont know what to do now... I bought 22$ contender ticket for tonight, try to FT it and get some money back... maybe Ill even win it... maybe not... but this is one of my last chances to get something out... I will have for another 22$ ticket for tomorrow, and see how this work out...hope that this storry will bring happy end
Joined: Oct '14
Location: Serbia
Age: 34 (M)
Posts: 4358
Posted by vic75: Never chase those losses I have done the same in the past your bankroll does not support the higher spins you were beating them at the 3 buy in.
exactly... I know this from stars,,, this is the same way how I busted my roll few times at stars... and thats why I for moths played thise spins at party in my BRM, and I know it that I should never chase spins that my bankroll cannot support... but I dont know what happend that day, so I decided to go for it... realy dont know what happend to me...
Hey dude, sorry to hear(read) this, I can give you as advice to only play a freeroll now and then and quit poker for like two weeks, maybe a month. Because maybe you are still pissed or frustrated and need to gain new positive focus. So just try to relax for a while and maybe read E-books about poker. there is always to learn something. I still learn every month some new things. Maybe watch some youtubes of Daniel Negruanu(s) or some other pro. But just try to relax for now, good luck in the future!
Joined: Oct '14
Location: Serbia
Age: 34 (M)
Posts: 4358
Posted by Ingrind33: Hey dude, sorry to hear(read) this, I can give you as advice to only play a freeroll now and then and quit poker for like two weeks, maybe a month. Because maybe you are still pissed or frustrated and need to gain new positive focus. So just try to relax for a while and maybe read E-books about poker. there is always to learn something. I still learn every month some new things. Maybe watch some youtubes of Daniel Negruanu(s) or some other pro. But just try to relax for now, good luck in the future!
I dont read book... and I am learning evry single day about poker... i am subbed to doug polk on youtube, also alec torelli, poker guys and few more... thats my daily learning... also i watch a lot of poker on twitch, so I learn there also... and I have to desagree about daniel, because I dont think he can learn you novadays how to play proper poker... there are a lot of better players than him, and his time has passed long time ago...also i dont like him since he supported ps changes and bs all players that is good for them, and also hate him because he has 2 faces thaat shoved up when lederer comed back on wsop... he spit on lederer during down of FT and now when he has comed back he is supporting that...
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20481
dont understand why you dont exchange this party points for playing at casino?you need to have at least silver status and for only 600 points you 100 $ bonus,which you can use on slots at casino and you need to wager that amount 15 times in 30 days!so its better to change points for that,then to give 1500 on gold status for 100 $ cash!but its up to you,what will you do!
Joined: Oct '14
Location: Serbia
Age: 34 (M)
Posts: 4358
Posted by dule-vu: dont understand why you dont exchange this party points for playing at casino?you need to have at least silver status and for only 600 points you 100 $ bonus,which you can use on slots at casino and you need to wager that amount 15 times in 30 days!so its better to change points for that,then to give 1500 on gold status for 100 $ cash!but its up to you,what will you do!
why would I play casino games? O.o I play poker, not casiono games O.o
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20481
ofcourse I know that you play poker games,but for that points,you get more,then to excange them for cash and then to play poker!for only 600 points you get 100 $,to wager and then to earn some money more and then again to play poker games!it better value for that points!you will stay from poker for few day,maybe you earn few hundrends of e and then back to poker!but its up to you,its just my advice!
Joined: Oct '14
Location: Serbia
Age: 34 (M)
Posts: 4358
Posted by dule-vu: ofcourse I know that you play poker games,but for that points,you get more,then to excange them for cash and then to play poker!for only 600 points you get 100 $,to wager and then to earn some money more and then again to play poker games!it better value for that points!you will stay from poker for few day,maybe you earn few hundrends of e and then back to poker!but its up to you,its just my advice!
and maybe I'll lose all that 100$ on casino... thats how usualy casino works... if they are not profitable, and if they are beatable, than I think there would be no more casino games...
Joined: Jun '13
Location: Canada
Age: 80 (M)
Posts: 3700
In another thread you had the same kind of story going up in buy in to take back your losses and to my post you said that you know about BR management and you did not know what happen to you that day.
And know you come back today with the same story and again say that you know about BR management.
You also say that you did the same on Stars.
I really think that you know nothing about BRM management but you are a big gambler. You should sit down and really look at you.
And if i were you i would not keep a big BR on a poker or casino site cause when you have a small one and lose it then it does not hurt to much.
Joined: Oct '14
Location: Serbia
Age: 34 (M)
Posts: 4358
Posted by pinotte: In another thread you had the same kind of story going up in buy in to take back your losses and to my post you said that you know about BR management and you did not know what happen to you that day.
And know you come back today with the same story and again say that you know about BR management.
You also say that you did the same on Stars.
I really think that you know nothing about BRM management but you are a big gambler. You should sit down and really look at you.
And if i were you i would not keep a big BR on a poker or casino site cause when you have a small one and lose it then it does not hurt to much.
It is easier to redeposit small at the time.
that was begining of this story... when I posted thats the first day when I lost 400$ on 20$ spins and 460$ for the day... that day few days ago... I know I went out of br menagment... and wanted to get that back, but that loss in hu on 300$ get to me too much... and thats when sht happends :S
Joined: Aug '10
Location: Germany
Age: 52 (M)
Posts: 2219
Thats really a sad bad run and it seems, that your downswing began after your withdraw. But it seems that you have not only a downswing, i think you are little bit on tilt for some days. aiat was a big step from the3 Dollar games to the 20 Dollar spins. I think the best was for you a break for some days and than a new start with the 3 Dollar spins.
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
well yeah it's sad and all that, but one thing you have to look at here is that you still withdrew $1k, so this is still a great result however you look at it. now bout this chasing losses thing... i'm sure since we're lik 99% degens out here on brm, it's safe to say that we know how you feel
Joined: Mar '14
Location: Japan
Age: 49 (M)
Posts: 8946
I have blown a lot of money countless times. I once lost 9 grand in 36-hour session on blackjack table. It makes me feel extremely depressing, hopeless, and angry when I lose a significant portion of my hard-earned profit. But hey there is always tomorrow! The best is yet to come!
Sometimes poker is heart breaking especially when you play well but can't seem to be able to finish your opponents in heads up. In the end it always comes down to 1 hand holding or 1 out coming out so we don't have as much control as we would like to think we have. Poker is indeed a skills game but some people have absolutely 0 poker skills yet they manage to win anyways simply because they are lucky when they need it.
Anyways, the problem with chasing losses is usually you play with emotion and it can affect your game as well as your bankroll management. Emotions are bad.
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
lol I feel ya bud. Bankroll management / TILT is never something I mastered either. It was always the ultimate hurdle between being a decent winner - and being a GOOD / SOLID winner for me.
These days, I only play totally recreationally (sometimes not at all for 2 weeks, sometimes 2 or 3 sessions in a week).
Anyway - what I do now is, at the beginning of my session, I deposit what I want to play with (typically this is a calculated amount to cover the buyins of a bunch of MTTs I wish to play) and then at the end of the session, I withdraw everything!!!
I no longer keep ANY money on the poker site - as a result, I've managed to keep hold of a much higher percentage of my winnings - which is fantastic!
My recommendation to you is this: Remember - you can always INSTANTLY deposit money onto your account, so don't treat your poker client like a bank, apart from some other risks, the reality is a balance on a poker client is more like a "High Score" than real money. And you don't treat it with the same respect you would with cash you have in your hand (or even in your bank).
So - just keep on the bare minimum you need to play and if you bust it, no worries - you can instantly apply more funds!
Only problem I have with this system is that I withdraw via my VISA card and Stars has a $100 minimum for this, which is generally fine - as typically if I cash in an MTT it will be more than $100. But sometimes it isn't and I end up with $50 or something. sometimes I leave it for my next session, other times I gamble it up ($50 SNG or something) and either get it over $100 and withdraw or go bust trying :/
Joined: Feb '11
Location: United Kingdom
Age: 59 (M)
Posts: 5712
So! IQA has given the best advice here and younreally should take heed...... unless of course it's not an issue to lose such an amount and you just carry on till next time. It's pointless doing well to just then blowing it without managing it..... do some study on bankroll management.... it might give you a break to learn something and stop you blowing even more in the meantime.
Everybody told everything of noteworthy here. Never ever chase again. It's just waste of time, money and energy - plus the state of your brain (chemistry) after a huge blow is just not hundred percent. That is why you cannot controll tilting. Just switch off your pc next time and broke something cheap in your room out of anger. It will cost you less and will definitely help you more.
3 buy in.
