A Break or Give Up?

mervin88

mervin88

Visionary
Bronze Level
Joined
Apr 3, 2018
Total posts
925
Awards
9
Chips
148
I can't sleep thinking about it every day. I borrowed $500 from my credit card to play poker and lost. I can't afford it now. And interest rates will increase over time.
Should I take a break or stop playing poker for good?
everyone makes stupid mistakes like this

pay your debt first then rethink your options

just play freeroll from CardsChat platinum and built your bankroll
 
kitchy65

kitchy65

Visionary
Bronze Level
Joined
Aug 5, 2022
Total posts
813
Awards
1
GB
Chips
0
I can't sleep thinking about it every day. I borrowed $500 from my credit card to play poker and lost. I can't afford it now. And interest rates will increase over time.
Should I take a break or stop playing poker for good?

First, I think you shouldn't be too hard on yourself. Many have and will continue to make this mistake.

Your focus now should be on recovering your finances and leave poker for the time being. If it's easy for you to walk away from the game then you should.

Failing that...then the best thing would to be to limit yourself to grinding on freerolls and $1 MTT's. No cash tables, No SnG's

This will still give you the winning rush but somewhat dampened by the many bad beats bigger fields inflict upon you....it should open your eyes to how easy it is to lose, and why bankroll management is of import.

Sure, its $500 but it could have been much much worse.

Health, family and work should be your priority...and after you've recovered the money lost you can put this behind you as an unpleasant experience.

Never to be repeated.
 
A

Anaskauskas

Rising Star
Bronze Level
Joined
Feb 21, 2022
Total posts
12
Chips
7
I can't sleep thinking about it every day. I borrowed $500 from my credit card to play poker and lost. I can't afford it now. And interest rates will increase over time.
Should I take a break or stop playing poker for good
 
A

Anaskauskas

Rising Star
Bronze Level
Joined
Feb 21, 2022
Total posts
12
Chips
7
Take a brake, after that think what you done wrong, why you lost,how you play bad game, change the thinking, mabye you played to riski thats why you lost, train your sefl to play for win, be more positive.
 
78mariusz

78mariusz

Rock Star
Bronze Level
Joined
Jan 11, 2014
Total posts
389
Awards
5
Chips
48
As I understand 500$ is enough for lot of tourneys to learn and get experience. The question is what type of games you played? if tourneys then take a break if cash well... treat it as an entry fee
 
kitchy65

kitchy65

Visionary
Bronze Level
Joined
Aug 5, 2022
Total posts
813
Awards
1
GB
Chips
0
This is not the right response to someone that just borrowed $500 from a credit card to play poker.. this response only makes it seem ok

He needs to stay away from poker for a good while and if he thinks he has a gambling issue, which clearly points that way then maybe he should consider staying away from poker altogether.

And this is unfair...$500 is a huge sum to those who don't have it, while being considered a small amount to others who do.

There is nothing irresponsible in the post you quote, for you to be having a go at another patron. Don't think it's at all helpful to the original poster.

Better you reach out to the person that is looking for good advice.
 
paddyswarrior

paddyswarrior

Visionary
Bronze Level
Joined
Dec 10, 2022
Total posts
846
Awards
2
IE
Chips
120
And this is unfair...$500 is a huge sum to those who don't have it, while being considered a small amount to others who do.

There is nothing irresponsible in the post you quote, for you to be having a go at another patron. Don't think it's at all helpful to the original poster.

Better you reach out to the person that is looking for good advice.
My response was adequate & fair
 
airxlns

airxlns

Rock Star
Bronze Level
Joined
Jan 26, 2023
Total posts
361
Awards
1
RO
Chips
181
All gambling games have this golden rule that players must respect: Only play money you can afford to loose. Because your mind should only be focused on the game itself, be it poker or anything else. Then make sure you fully understand the game and you have a chance to defend your money...And finally don't play "revenge", meaning don't play to recover your loss...learn the game, play better and, in the long run, you should make a profit.
 
S

squatch

Rising Star
Bronze Level
Joined
Feb 19, 2023
Total posts
13
CA
Chips
15
Sounds like it may be time for a little break:/
 
M

moularaki

Visionary
Bronze Level
Joined
Apr 18, 2009
Total posts
883
Awards
2
MA
Chips
107
if you are new to poker don't play for money
if you are not than just take a break
 
S

Snake2007

Legend
Platinum Level
Joined
Feb 5, 2020
Total posts
1,189
Awards
1
Chips
218
I think that a break is better than giving up everything.
 
S

Snake2007

Legend
Platinum Level
Joined
Feb 5, 2020
Total posts
1,189
Awards
1
Chips
218
I think that a break is better than giving up everything.
 
martinoni

martinoni

Rock Star
Platinum Level
Joined
Jan 20, 2022
Total posts
224
Awards
1
BR
Chips
168
I can't sleep thinking about it every day. I borrowed $500 from my credit card to play poker and lost. I can't afford it now. And interest rates will increase over time.
Should I take a break or stop playing poker for good?
The best things about mystakes is to repair it and don't do the same again...

It doesn't mean you have to stop... it means you should study as I started to do recently to change the way you feel and act about poker...

When you think differently, the results go differently too!
 
mina271

mina271

Legend
Bronze Level
Joined
Aug 23, 2016
Total posts
1,527
Awards
3
DE
Chips
160
So first of all, I would like to say that this is a very big problem and I also think that you might want to take a break, you should never play with money that you can't afford. And taking out a loan to play poker is money you can't afford. There is no guarantee that you will win enough to win them back. But most poker sites offer tools where you can limit your deposits and also where you can determine how much you can or may lose. I know that many people dream of great poker luck, but before venturing into the big tournaments, you should maybe look around at the lowstacks first or, even better, play the freerolls first. There is usually not much to win in the freerolls, but you learn patience there and you can't lose any money
 
M

Maserblaser

Rising Star
Bronze Level
Joined
Apr 12, 2020
Total posts
6
Chips
10
I can't sleep thinking about it every day. I borrowed $500 from my credit card to play poker and lost. I can't afford it now. And interest rates will increase over time.
Should I take a break or stop playing poker for good?
Definitely take a break, if you can’t afford what you’re playing stop playing. If you need to play play free rolls or cheap penny satellites for your poker fix.
 
efrain123

efrain123

Enthusiast
Silver Level
Joined
Sep 20, 2014
Total posts
86
Awards
1
Chips
43
We have to rest a bit and try again
 
efrain123

efrain123

Enthusiast
Silver Level
Joined
Sep 20, 2014
Total posts
86
Awards
1
Chips
43
Sometimes you're cloudy and you don't realize it...
 
Luvepoker

Luvepoker

Lost in the twilight zone
Community Guide
Joined
Feb 21, 2018
Total posts
5,352
Awards
23
US
Chips
593
My response was adequate & fair

I think we will agree to disagree on my post but that's ok..

I have been thinking about this for a while and how I wanted to respond. I also want to think if I did something that was wrong or could have said better. .
I was not encouraging him to deposit again but told him it was mandatory to stop and take care of his debt issue. Now I could have been clearer on the next part but I did say There may be a bigger issue and I was alluding to a possible problem with gambling. I did not want to call him out and yes I could have been clearer but since I dont know the person I will still stand he need to think about the issues of his going broke. He will need to answer that for himself.

As for bankroll ideas, if he lost that much that quickly he need to know this is out there if he decided to play again. Realistically if he is just starting he must follow this or go broke again to quickly. To many players play poker to make money and think if I deposit 500 I can turn it into 5000 in a week. Its not that easy or simple but if he does try again I would rather help him have a better chance to learn and succeed.

Now if I were to give him advise to play again it would be this. After his dept is paid off, He could play free rolls until he built up a proper bankroll to play the lowest level out there. I would also tell him to play for the enjoyment of the game and not to just make money.

Now to you post and is it fair and accurate, It dont matter. Its not about you or me but the fact you cared enough about a fellow cardchat member to help protect him. I am glad your willing to stick up for someone that you had concerns about. You dont know me but if you did you would know I would never encourage anyone to do something they should not.

And this is unfair...$500 is a huge sum to those who don't have it, while being considered a small amount to others who do.

There is nothing irresponsible in the post you quote, for you to be having a go at another patron. Don't think it's at all helpful to the original poster.

Better you reach out to the person that is looking for good advice.

Thank you.
 
bruno13xs

bruno13xs

Legend
Platinum Level
Joined
Apr 30, 2018
Total posts
1,557
Awards
4
BR
Chips
95
bro you should never bet more than 1% of your monthly salary on me.
 
psycodelic1

psycodelic1

Rock Star
Platinum Level
Joined
Apr 6, 2021
Total posts
471
Awards
5
Chips
49
The best thing is play freerolls if youre god youre gonba win some tourneys and build a 500$ in 3 months. imagine me losing in a single hand 50 bucks i get mad abd isnt my own mooney i cant imagibe investing my living moobey in gambling maybe 50 bucks at some casino once at year
 
8

888NOX888

Visionary
Platinum Level
Joined
Dec 12, 2019
Total posts
522
Awards
1
Chips
172
I would advise you not to do this anymore. No matter how interesting and attractive the game would be, it is better to play at your own expense, which is not a pity to lose. And if there is no money, it is better not to play at all.
 
NightStalker

NightStalker

Legend
Platinum Level
Joined
May 27, 2020
Total posts
1,103
Awards
5
BR
Chips
151
You should quit poker for sure.
 
bredinha

bredinha

Enthusiast
Silver Level
Joined
Feb 20, 2023
Total posts
28
BR
Chips
43
You have to control your bankroll, otherwise it will always happen, you have to play consciously.
 
Dasha_21

Dasha_21

Rock Star
Platinum Level
Joined
Jan 11, 2023
Total posts
322
Awards
1
UA
Chips
191
I think you should take a break and figure out what limits you should play at
 
X

Xcalibur

Rock Star
Bronze Level
Joined
Dec 28, 2019
Total posts
112
Awards
1
BY
Chips
12
If you lose $500 you are not playing on your bankroll. Learn to play correctly and according to your bankroll. Start watching tutorials, reading articles and playing freerolls
 
Top