Playing with money you cannot afford to lose

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Knockofff

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You should play poker with your passive income point blank period always gamble responsible
 
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Cooking

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This is so true. I already played in bigger limits that I should when I was on tilt and I definitely don't play at my best.
 
Sivraj

Sivraj

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In life they say don't live beyond your means. Same thing applies to poker don't gamble beyond your means. Only gamble what you can afford to lose and always know your limits to walk away from the game.

Gamble responsibly and good luck.
 
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Recreationalplayer

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Not a good idea. you cannot embrace the variance and make necessary bluffs.
 
Jay R

Jay R

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Before online poker was banned in USA I used to play in million dollar tournaments on Sundays for it seemed like 9 hours or more. I didn’t know how to play poker, but it didn’t matter because now after watching pros play, they don’t either. But since it’s banned I only play with money I’ve won in freerolls. I play two poker sites & also sportsbet. So I have funds in both accounts. I don’t like playing over 3 hours online so I just play for fun basically. I look at online poker as a carnival game. The game is rigged IMO so I don’t get excited if I get unbelievable bad beats.. like 10,000 to one. My gambling philosophy I learned from playing blackjack. I used to play 10 hours in a row. I play for the Big Score.
Although I play for fun mostly, if I’m gambling for real, the only way to get ahead is the Big Score— so play your Powerball.
Also you have to realize poker players who win a lot— LOSE a lot.
They are addicted to gambling.
My advice play for fun.. If you can get into a Big Tournament do it. You may get lucky. Don’t worry if you lose. You can play perfect & get sucked out.
Your day will come.
 
pedrovitorcosta

pedrovitorcosta

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I start with a bankroll in Freerolls online.... after i play some cash and tournaments games i get confiance to play with my money online... but never put in game what i cant lose on real life, bcuz bad beats and bad days come for all....
In live games, i never join in a table without a limit for players.... (i'm not a pro or someone who play poker for life, i play for fun, and for some extra money only...)
 
hugh blair

hugh blair

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Read the title Playing with money you cannot afford to lose:eek:
And the answer to this is no way play games that have no affect on your day to day life.
Family bills work and other commitments like running your car saving for a holiday or whatever for example should take priority every time.
Only play with disposable money that can be burned without affecting your day to day life.
 
franken222

franken222

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One of the first lessons that I learned, and this is reading books on poker, is that the emphasis is on bankroll, bankroll, bankroll.

It took me a very long time to appreciate that they were right, so now, I set aside 10% of my bankroll, for either cash games, or tournaments.

If I lose that 10%, I quit for the day, and still have 90% of what I started with.

The next time I play, I use 10% of that. Eventually, if you keep losing, the 10% starts being not worth it. At that point, you either quite for good, or put more funds into your account, that you can afford to play with. Don't use rent, food, or any necessary money that you need.

Using the 10% rule, I find that I can have a heck of a lot of fun, and I'm not losing sleep, if I lose.

Good luck.
 
elJenio8

elJenio8

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Its the way you should play poker, because after all is just a game.

You cant have a lot of pressure on you like winning or going broke, you cant even make good choices in the hand
 
MishkaZL

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I think playing poker should be fun, not stressful. To avoid stress, you just need to follow the bankroll management. This is a simple rule that prevents losses and makes the game safe.
 
INISHTE

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Hi Friend.

Someone in another publication said that you have to have discipline and it is true, I decided to play in a room where I played comfortable with the money I had and over time I managed to multiply it, thanks to the fact that I played without fear. to lose, so I continued until now and no matter how long it takes, I will level up when necessary and keep increasing my Bankroll.
 
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Bhzrd588

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I believe the best advice to give and that i practice myself: Play only with money that you afford to loose or don't play at all, take some rest. Good luck!
 
lukovnikofff

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The first thing I learned when I started playing poker is that you need to play by your bankroll! This is the foundation of poker, a bankroll is money that you can afford to lose, and don't be discouraged! Start playing by your bankroll and you will see the result, your decisions will become simpler in terms of psychology! Good luck to everyone at the tables!
 
skalibur

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that

That's right, I also make the mistake of playing up to 50% of my bankroll in tournaments in one day and learning that it would never be profitable to play this way. Daily game average I would say that we should only risk 5% of the bankroll if you have $100 we should play with max $5 daily to keep balanced if my money is $100 I can play buy up to $1 per tournament...
 
jfofla

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poker being a game of chance (which needs luck), i think people have to be aware that the tendency is to lose and it is even more dangerous than using compromised money in order to recover what was lost. so be very careful.
 
Dzhukelov

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Poker is a game of chance (which needs luck), I think people should be aware that the tendency is to lose and this is even more dangerous than using compromised money to recover the lost. so be very careful.


I agree!!!
 
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Over time i have learned one very important lesson playing poker. This post was inspired by another users post. It really got me thinking that this may be one of the most important aspects of playing poker. Almost every time i have played at a live cash game with very limited funds, it usually doesn't end up good. Me personally, i end up playing with scared money and end up getting pushed around by bigger stacks resulting in me folding either what is the winning hand or what turns into the winning hand after one of my outs hits the turn or river after folding to a bet or raise that i was scared to call strictly because of having very little or nothing at all to rebuy with. I have learned to resist the urge to play unless it will not have a significant impact on me if i were to lose. I also definitely play better without the stress of being broke if i lose whats on the table

Hi buddy I completely agree with you here, and I would add I never went this far myself but I have gone short a few luxury meals and the occasional walk instead of bus journey chucked in there too, I don't play cash games though I prefer sit and go or tourneys. I have won before and Its because I played really tight that's all the advice I can give at this time:D
 
Igor G

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A player who does not follow financial risks will never be able to succeed. I always play only for the money that doesn't matter to me, that is, I only play for the money I can afford to spend.
 
razarach_xD

razarach_xD

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Don't do that

When I play "play money" on any web or place... I'm playing like a pro...
When I play for real money, I have like some kind of brake in my head... I can't relax and play.. but it's just going and it will pass.
But if you play for that money that is not yours.... you will loose because you will always think about how to return money if you loose... and you already lost.
Dont play like that cause that something will always be on your mind and you won't play comfortably.
Stay healthy
 
Zvezda kz

Zvezda kz

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That's right, bankroll management. In addition, if you started from scratch and gradually climbed the limits, it will be easier for you to lose one or more buy-ins and possibly fall to the limit lower, because you will defeat him and you have the experience to defeat him and rise higher.
 
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alien666dj

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Therefore, it is advised to play for money that you can afford to lose, so that there is no psychological pressure.
 
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LL22

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You must play the money you can afford to lose. So you must play comfortably, in order to play without any fears of losing and in order to take decisions with clear mind.


That make perfect total sense to me.
If you go with this statement in your life and your business the things can go more "easily" and more managed
 
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lanelosee100

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its as simple as making a budget and not gambling yourself into a finamcial bind. if you do then you are an addict and should stop.
 
DiegoRamos

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Over time i have learned one very important lesson playing poker. This post was inspired by another users post. It really got me thinking that this may be one of the most important aspects of playing poker. Almost every time i have played at a live cash game with very limited funds, it usually doesn't end up good. Me personally, i end up playing with scared money and end up getting pushed around by bigger stacks resulting in me folding either what is the winning hand or what turns into the winning hand after one of my outs hits the turn or river after folding to a bet or raise that i was scared to call strictly because of having very little or nothing at all to rebuy with. I have learned to resist the urge to play unless it will not have a significant impact on me if i were to lose. I also definitely play better without the stress of being broke if i lose whats on the table

There are people who can handle that pressure, and I admire that.

I somehow have self-control, but to control a situation like this in the short term, but without a doubt it would be self-destructive in the medium/long term.
 
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cowboybebop

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No,i think you should never play with money you cannot afford to lose,because you play way too tight when its that kind of a situation.The best is to save up money,and play small stakes,and eventually if it turns out good,go for the bigger fish.
 
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