This is a discussion on Do we only count the ones won? within the online poker forums, in the General Poker section; Many poker websites publish news of PRO players who win spectacular sums of money in live tournaments as well as online tournaments.
Some players even seem
Yes there is a big difference between how much somebody cashes for and how much of that is profit will normally be way lower due to buy ins over a long time.
While high turnover is impressive can be misleading players can cash for a million+ dollars during a year and be up or down a few thousand due to buy ins easily in the higher stakes it depends.
Sites for poker news always show the winnings because if they want to earn money they need to attract constantly new players so that the game continues to grow. And easiest way to do so is to show you the winnings of players - you look at them and say "well i can also do that". Players themselves also only show their wins because otherwise their prestige will be harmed and this is also part of the marketing strategy. Poker nowadays is much different than the early days where gamblers were trying to take each other's money. Today there is marketing everywhere and many top players earn significant part of their money not by directly playing but as sponsorships from the big poker sites which in turn use them and their image to attract new players.
Saying that i am sure that every good player have notes and knows exactly how much money he/she had invested in poker and what is the return and balance.
It is in the poker room rooms interest to only post winnings. This promotes poker, no one would join if they say people actually loosing money. They only post tournament wins anyway and if you have hit even 500 grand you are most likely way ahead. Any big loss would come from cash games and that's on you. So all time money winnings is from tournaments and loses are separate cash games.
If you don't advertise, you have no customers. This is also the case with the winners' posts to encourage as many players as possible to invest money in poker with the thought that they will win as well.
I was convinced here that in poker there is an investment, not a loss. You invest, and then, as in business, you either have a loss or a profit.
After the news about the win, it is probably embarrassing to write that you lost a lot so that you are not considered a loser.
Bryn Kenney, professional player of the High Rollers circuit stated:
That 2018 was a difficult year. Despite winning nearly $ 5 million in tournaments, it was the first year that it ended in losses.
... "Yes, 2018 was the first time I had a losing year. Eliminating a couple of tournaments that I would hardly have lost, but the reality is that I did not achieve many victories and lost many great all-ins. Maybe I was not playing well but last year I just crushed everything. They just happen "...
... "I guess if you play everything, you will be between 6 and 7 million in buy-ins, maybe between 6 and 8 million if you go to Asia" ...
If you know of any other players who declare their losses, please comment below
Well ... it will always be more attractive and productive for the poker business ... publishing the winnings and prizes of the great poker players ... that attracts more players to the poker industry ... but the truth is that in At some point everyone has lost and had a bad streak
It's an interesting issue and one which bugs to a degree- after all it would not be hard to track in terms of tournaments entered (buy-ins) against cashes (winnings) to give players a somewhat accurate profit and loss profile (who knows what is up on the cash games front?).
Most simply do not want it as it inevitably diminishes their reputation and potential ability to attract backers or swap pieces.
Negreanu is the only player who has made an effort to publish his tournament profit and loss on a regular basis (with no mention of cash games so it is all still skewed).
In fact, as Bryn Kenney leapt over the top of others to be the "winning-est player' when he won the Triton one million buy-in just months before he had been in a self-admitted financial hole where he was saddled with personal debt and sums owed to others.
No doubt some are more profitable than others but I think if the truth were known about several playing at the top of the pyramid in high rollers, it would be underwhelming.
In fact I think a lower profile individual such as Ari Engel might be one of the more profitable. He continually travels playing lower tiered, less glamorous events but has amassed winnings of around $7 million. He is fantastically well organized in terms of not just plotting his year in terms of entries to tournaments he thinks he can profit in, but of buying air tickets well in advance to secure the best rates. As he is a poker nomad he reportedly never stays anymore for more than a week or so he has to stay on top of all the details.
Many poker websites publish news of PRO players who win spectacular sums of money in live tournaments as well as online tournaments.
Some players even seem to have their own websites where they are always seen as winners.
There are other known players who publish their collections and earnings on social networks such as twitter or instagram.
Now the publications never come out or they tell you the money they lose.
The question is:
only the earnings count?
Do you think that losses are equated to the sums they earn?
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If you view Losses from a single perspective, the answers can vary. Losses count in various ways. Accountants use a company's losses and apply them to Taxes for a Gain. I view my poker losses as a smile to encourage me to retract my game and point out my mistakes as well as errors in judgement. Losses do not have to be a bad thing if viewed from a learning perspective. Viewing losses from a positive perspective can be beneficial. However, try to win. I do! GOD bless you all.