Scared money don't make money

otari

otari

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What do you guys think about this gambling philosophy? Do you have to have total disregard for the money you are playing with? Is being scared of going broke on the table a disadvantage to your game? I've been pondering this question lately, would love to get some opinions from you all.
 
kidkvno1

kidkvno1

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Playing with Scared money will make you lose it. How do i know, been there done it. So how i got over it was playing SNG's.
 
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dan abnormal

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SCARED MONEY SUCKS and IM scared money, I goto my local cardroom and should be able to kill and sit down and suddenly IM question every hand I get in. Suddenly i dont want to go with hands I should try (IN CASH) and damn if these hands hit and Im folded then IM really ultra mind F'd Im trying to staighten up my game and tehre is alot of money to made at my cardroom but until I dont look like a deer in the headlights
 
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dan abnormal

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When I think about I still cant grasp my head around how much people are willing to bet and put on the table. Its like even I read poker mags, they bring up hand analysis and say shit like and you have $850 behind (IM THINKING I WONT EVER HAVE 850 behind)
 
BLACKSTACK

BLACKSTACK

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aside from scared money,i believe that loose money will also not make money,that being said,do call everyhand just because its suited or connected,it will make your bank roll light real quick
 
mrmonkey

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Playing with scared money would typically lead one to make -ev decisions, which is why the phrase exists. It also means you are probably not playing with sound bankroll management practices in place, and would be much more prone to going bust.

How would you feel about being in a hand for your entire net worth in a coin toss situation but one in which you have a decent amount of fold equity if you shove? How would you feel about the same situation if it was for 2% of of your poker bankroll?

Both spots are a +ev shove in poker terms, but one of them could ruin your life while the other is basically inconsequential.

If you are playing poker outside of your bankroll and can still make +ev decisions, you may be able to gamble your way up the ladder with an edge but it's still gambling. This is what shot-taking basically is... and as the name implies, it's a bit of a controlled gamble even if you have sound bankroll management in place and a set stop-loss threshold.

Basically, in my experience, the best poker players are the ones that are able to dissociate the money from the game and purely focus on making the right decisions in each spot. If you are not able to push your small edges for fear of losing your stack, then you are not playing optimal poker.
 
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Cooking

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Totally agree with this philosophy. I have already been in this type of situation many times, like when I'm on tilt and decide to use my bankroll in a much higher cash game level that I could afford..there are a lot of hands that I know is +ev to play, but I don't play because I get too scared to lose the money since is usually a big part of my total bankroll.
 
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spstevens

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If you are playing with scared money you would be better off just giving it to a charity as the good feelings you reap as well as a tax deduction will be much more fulfilling than losing it in a card game.Dead serious about not playing above your roll or being afraid to act in a game.I say this as of all my leaks and faults none have been a more consistent loser than playing with scared money. It cripples your thinking and makes bad play seem proper . Don't do it , don't do it , don't do it.
 
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dan abnormal

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hmmm the last three posts are really some food for thought, I really put myself in a results oriented mindset and i do worry about the money even when I dont need too. Guess next time I go play cash, im gonna just have to disassociate my plays from what it will cost me and just try to focus on the game and not on OMG $15 raise WTF LOL.
 
JCgrind

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complete disregard for money. growing my BR is like playing a game for a high score
 
wagon596

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I can vouch to the saying that playing with scared money doesn't work... If I step up the stakes that I find uncomfortable I'm toast. Seem do okay at micro but other stakes nope.
 
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