Losing Money: Should I Stop Playing?

aguwind

aguwind

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I have been playing Poker on Pokerstar for 2 months and lost 850 CAD already. Should I stop?
 
Sulfuros001

Sulfuros001

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Extensive loss

Hello.
Yes you should stop playing with real money. Try playing game money, improve your skills, make your own strategy and then examine yourself, if you win a lot then you can get vack playing real money! But now you should definitely stop.
 
black and

black and

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If you are losing money, you definitely need to stop. It is better to take a break and analyze your game. A break will save you money, and an analysis will help you identify mistakes.
 
Xcoder

Xcoder

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The real question is can you lower your bankroll to an amount that won't frustrate you if you loose.

From my experience playing with an amount that you don't want to lose shouldn't be on the table in the first place. Once you're able to get a reasonable bankroll the games become fun again, it should never be about the money!
 
J

joci53

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money!
The real
question is can you lower your bankroll to an amount that won't frustrate you if you loose.

From my experience playing with an amount that you don't want to lose shouldn't be on the table in the first place. you're able to get a reasonable bankroll the games become fun again, it should never be about the
 
JordanH

JordanH

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All depends. Is $850 a lot of money to you? Personally there are many other things I'd rather spend that money on - rent, food, electricity, ... new Porsche. :)
 
passat1600

passat1600

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Should I stop?

If you like poker, then my opinion is that you shouldn't stop, switching to free chips is also unnecessary (the behavior and manner of players for play chips and for real money is very different, players often bluff for play chips, go all-in with weak hands, for real money, this way of playing leads to a loss of bankroll) I am based on my own experience. Quickly win back money here by the way you lost it, you will not get it.
You need to change your approach to your bankroll.
First, determine the amount per month that you can spend on poker without harming your family's budget. Let it be $ 20, with such a bankroll you can play $ 0.25 - $ 0.5 tournaments and S & Go, cash games $ 0.8 - 2. You can spend 2 - 5% of your bankroll on the game. If you lost $ 20 in a week, then do not make a deposit until the end of the month. Play freerolls, get experience.
This is just my opinion and it can be misleading. Everyone chooses his own path.
 
eniseysmail

eniseysmail

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If these losses do not represent an important component in the family budget for you, play. Practice teaches well.
Otherwise, if these funds are important in your life, for example, for food or payment for any services - moderate their spending in the game. This factor will constantly throw you out of moral balance and it will be difficult for you to make decisions in the game.
 
P

pedrovitorcosta

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Try some freerolls, or in some tournaments with lower buy in... and get some lessons....
 
S

successlaw

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You have to learn something about the game and play a lot , and money will come back into your account soon
 
makisaa

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It depends from what kind of games and formats did you play. Anyway, you spend a big amount for two months play and I think you should be more carefull with the bankroll.
 
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fernandofcp

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Dear aguwind, I suggest that you study more about how to play poker and practice at most with pennies or freerolls to learn how to win and have a good income in the future. Good luck!
 
Sivraj

Sivraj

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You should practice bankroll management. The saying never live beyond your means should be applied to your poker. Never gamble beyond your means.
 
PatriceM915

PatriceM915

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You must be paying to get it right, I think it's better to pay it right.:)
 
YenRodriguez

YenRodriguez

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you should change strategy. and play tables of me or microlimites value.
You could start there so that you get more experience and step by step you level up
 
aguwind

aguwind

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Thanks for all the love!

Decision determine;)
 
Rost

Rost

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Obviously, if you lose money, you are doing something wrong. Whether you should stop depends on how much you can afford to spend. If the amount you spent is acceptable to you, then you can continue. But what's the point of continuing to lose money?
 
DPo320

DPo320

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I would switch to microbets or even strictly free rolls sice continuing your play without a change in strategy will only result in more loss. Set a Limit on how much you are willing to lose and don't deposit any more cash when you have reached your limit. A good starting point would be 5 percent of your disposable income, so:

If you Make 2500$ after taxes and spend 1500 on rent/food/travel/insurance/ diapers & family expenses...

Don't spend more than 50$ per month on online poker


There are a ton of poker strategy Books or Mastermind classes that are definitely in your budget.
 
A

Alisson_Luiz

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stop playing for money and practice in dummy chip tournaments, as soon as you learn more go back to playing at low stacks.
 
Maxmustdie

Maxmustdie

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take a lesson from a good coach
maybe you make a lot of mistakes
 
mina271

mina271

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When you've lost so much, taking time out can be helpful. you have to be able to recognize when it is time to stop, even if it is only temporary. Everyone loses at poker but it is important that you always keep an eye on your bankroll and know when to stop. If you are in a streak of bad luck, it is important to take a break.
 
C

Cooking

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I think it depends if $850 is lot of money to you. I have friends that plays poker for fun and sometimes they make deposits of an amount that they can afford to lose without stress. If you're losing more money than you can afford then yes, you should take a break, study more about the game and start to play within your limits.
 
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