Win big quick, then lose big quick. How to stop the cycle?

davidengland

davidengland

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Hey everyone, first post here... Just to let you know my skill level, I'm new to online poker but have played quite a bit with play money and local $20-$40 buy ins. I've been playing a lot of online poker though lately and have noticed a pattern I have where I will win quite a bit of money in a short term period then lose it all just as fast. To give an example, I just played a $0.1 $0.2 game and went from $0.70 to $17.70 in about 20 minutes, then lost it all in the next ten. This happens quite often, damn near every time I play, and I was just hoping someone else in the community may have experienced the same thing and be able to shed a bit of light on it? Thanks
 
dundo84

dundo84

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Happened to me yesterday.No big bucks but still, got winnings from freerolls from 30c to 8$ and lost it today.Speaking of microstakes remember poker there is gambling, no matter how much books u have read, hands played, videos watched etc.
Conclusion: either the variance benefits you or not.
 
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titiduru

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Usually this kind of variance happens to the loose aggressive players. Try to play more tight.
 
toots babos

toots babos

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drill that into yourselves ^^
 
dundo84

dundo84

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drill that into yourselves ^^
How would you manage $8 on pokerstars?
I've played NL2 zoom.
I think i've made a mistake, should have played normal NL2 cash games.
 
toots babos

toots babos

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keep playing freerolls until you have $40 to start playing NL2 cash or with $8 you could play some 10c/25c sit and gos
 
frnandoh

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good player + luck = big gain
good player + unluck = small loss
bad player + luck = few gain
bad player + unluck = catastrophe

Because that happened with you, the cash game is very hard. You have to know when seat, when stand up, 0.70 to $17? that shows that you had not disciplne to get out from table. It seems simple but is hard to learn this and I hope you learn quicky.
 
vitalii029

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with big stacks in online poker tend to play players who play well and they win much harder on this, I would advise you to play with smaller stacks since you are a beginner
 
dundo84

dundo84

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keep playing freerolls until you have $40 to start playing NL2 cash or with $8 you could play some 10c/25c sit and gos
Yeah i need to work on my patience, i mean i have patience in freerolls but once i get some small bucks i tend to lose my discipline.
I was thinking the same why didn't i just play the 25c sit & gos when overall i find myself better suited at sit & gos and mtt's.
Guess i'll have to wait until i get some crumbs again, till then i'll stick to the pso leagues and do my best, university league next month i hope.
 
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Nano5722

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Your problem is patience. If you can,t keep it you will loose time after time , not only in poker, but in other things also. Work on that and everything will be alright soon.
 
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Badbunny

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When u earned all that money I recommend u no play more and go to the street , meet with ur friend and forgot a little bit poker for a time .later u can play another day but with carefully.
 
Emixilian

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@papijoy gave you a very good advice. Make a scheduel when you play and how much time and follow it strictly.
 
BlackJesus

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It is nothing uncommon and happens to everybody now and then. It should be treated as any other mistake that one must correct if wants to be profitable. As ypur own practice shows, it is more than possible to earn money, not lose it, if only you maintain clear thinking.
 
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Hellokeko

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It's a repetitive pattern among online poker playing because one seemingly legitimate winning hand turns out to be a loosing hand but all in all most online poker players go broke regardless the rake of the house always wins
 
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RobAnaes

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Similar story, I make a good bit then lose it rapidly!Is it that the amounts are so small that bank roll management seems like a drag?
(Or indeed, that you need to be a winning player before you worry about bank rolls?)
 
eberetta1

eberetta1

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At $7, it might make sense to close your table so you can lock in a 100x profit from your 70 cents.
 
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Salavat Kozhakhmetov

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at me too such happens,you need to gradually move and play at limits higher,in my case I greed kills!
 
walluyo

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Hey everyone, first post here... Just to let you know my skill level, I'm new to online poker but have played quite a bit with play money and local $20-$40 buy ins. I've been playing a lot of online poker though lately and have noticed a pattern I have where I will win quite a bit of money in a short term period then lose it all just as fast. To give an example, I just played a $0.1 $0.2 game and went from $0.70 to $17.70 in about 20 minutes, then lost it all in the next ten. This happens quite often, damn near every time I play, and I was just hoping someone else in the community may have experienced the same thing and be able to shed a bit of light on it? Thanks[/QUOTEsame with me, i ussualy deposited $50 playing and climbed to around $200, then in the next day went broke... happen in many time.
 
walluyo

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drill that into yourselves ^^
simple advise but hard to practice, mainly for maniac player like me.
 
Kenzie 96

Kenzie 96

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simple advise but hard to practice, mainly for maniac player like me.




Maniac eh, well enjoy the rush & consider the bucks you lose as payment for your fun. If you decide you want to win consistently, reread Toots first post.
 
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Sorin Iliescu

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imho, getting from 0.7$ to 17$ means you should have left the table long before. this also means you have potential and that you are a loose player, which usually have big swings in their win/loss graph. i would suggest that you play freerolls and then small tournaments, because in tournaments you can succeed being a loose aggressive player. also, you should start playing tighter sometimes, it does help
 
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mikiethebull

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This sounds like a similar thing that happens to me, though I mostly play tournaments. At the beginning of a tourney, I'll get an initial sense of the players and dial up the aggression. I often abuse players for the first half or 2/3 or a tourney an build a very large stack. However, when I'm tearing it up like this, often with mediocre cards, I start to feel invincible - like I can win any hand with any two cards. If I get good cards, I win. If I get bad cards, I bluff, I win. This leads me to play even more loose and aggressive, which leads to two things: (1) players that I've been abusing catch on and start playing back at me, often resulting in me squandering the huge stack I've built up; or (2) the better players remaining during the later rounds of a tourney figure me out rather quickly, start calling my bluffs, and take my stack. My mentality has been described to me as a sort of "Winners Tilt" or "Entitlement Tilt". My initial success causes my emotions to take over, and my rational thought process to shut down. I'm getting better at being more patient, but still working on trying to find the optimum level of aggression to apply during different stages of a tournament, or even during extended cash games. I should note that the pattern described above is usually not tied to the quality of my opening hands. That's another issue I have, If I go extended periods without getting playable hands - like consistently getting 9-5o, 5-2o, and other garbage that doesn't even included suited gapped connectors - I will start betting anything that starts to look remotely decent, like K-8s for example, or any A from early position. I never play only premium hands, and try to have a nice balance, but when I consistently get garbage, I start to lose patience. I'm working on that too. That situation is less common though since there is usually the normal ebb and flow to the cards I'm dealt.
 
filipks665

filipks665

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Just play smart man, dont force anything, play good hands and do the right calls and you will be fine
 
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Sergey Emliutin

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Learn to manage your bankroll. Try to play every limits over a long time.
 
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Haskic87

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Wait for good hands, i had same problem, i played 80% of hands but 70% of them was stupid bets.
 
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