TRICK QUESTION????

[jazzaxe]

If you compare the logic to real estate. You buy a house worth $150,000.00 with a $100,000.00 mortgage. You pay on the mortgage for 15 years reducing it to $65,000.00 but at the same time the real estate has increased in market value to $250,000.00. You hold it another five years and the real estate market of 2008 sends the value downward. You sell the property in 2013 for $175,000.00. You could argue, as many do that by holding the property for too long you lost $75,000.00 in value, but since you only put up $50,000.00 to purchase the house. You show a net gain at the time of sale of $60,000.00. (175,000.00 minus 65,000.00 mortgage equals equity of 110,000 minus 50,000.00 initial equity equals gain on investment of $60,000.00). Money won playing poker minus money lost playing poker minus money spent to play equals your win or loss.

 

[RiverOfDreamz]

I look at money in the poker site as my money - otherwise, what was the fuss over Full Tilt? If a site took off with my money I would be ticked. Heck, I was ticked when Hero closed and I lost multiple $11 tournament tickets that had been won in Merge's tournament satellites.

 

[MediaBLITZ]

The fact remains that he turned 30 dollars into 2500. I'm pretty sure he can feel like a "winner" regardless of the 500 dollar loss. He's still well ahead of his 30 dollar starting roll with the 500 he has left in his poker account.

Exactly - but unfortunately for me I tend to go with "What have you done lately", so I would not be feeling like a winner if the last thing I did was drop 20% of my roll (which I just did last month - but had a big November). So he has a good attitude about it.

 

[dj11]

From the OP situation, you can be considered a winner who had a runbad. Totally and completely normal!

Good job on the $30-$2500. Smart that you took off $1500. Now drop down to the proper BRM games, and do it again. Easy Peasy!

 

[wagon596]

I disagree...the $500 was your's when you lost it.

I agree, if it was in your account it was your money.

 

[rhombus]

Its like when people go to the casino and play roulette.
start with $100 get lucky and build up to $1000 then decide to cash $500 and play like a maniac with the remaining $500.

Once the $500 is gone its lost you could have walked away, it wasnt like a casino bonus where you have to play the money through

 

[Acesinthebig]

From the OP situation, you can be considered a winner who had a runbad. Totally and completely normal!

Good job on the $30-$2500. Smart that you took off $1500. Now drop down to the proper BRM games, and do it again. Easy Peasy!

This is the post I agree with most. This is a person that has obviously experienced true poker runs, and understands variance to a tee.

If all you can say is oh you lost 500$, you have bad BRM, then you really don't have a clue on how to win at poker. Thank you to a few others who see my point.

 

[fletchdad]

This thread has taken a weird turn.

OP has not addressed how he lost the money, so it could be anything. It sure sounds like bad BRM, but if op is only willing to say anyone who says that has no clue how to win at poker then I dont really get what he is trying to say all in all. His initial post was "How much money of YOUR money did you lose?", and people responded, as was OP's wish, it is to be presumed.

Great to turn 30 to 25oo, but losing 20% of his money, and in this case, it sounds more like 50% of his BR, in one night sounds like something not to be proud of. The 30 to 2500 is, and that was mentioned a number or times. But its apples and oranges.

But the statement."If all you can say is oh you lost 500$, you have bad BRM, then you really don't have a clue on how to win at poker. Thank you to a few others who see my point." really makes the whole thing lose credibility.

And what IS your point?

 

[MediaBLITZ]

This thread has taken a weird turn.
But the statement."If all you can say is oh you lost 500$, you have bad BRM, then you really don't have a clue on how to win at poker. Thank you to a few others who see my point." really makes the whole thing lose credibility.
And what IS your point?

Pretty obvious - it really was a trick question - all he really wanted was the answer he was looking for ("totally and completely normal") and any other answer "don't have a clue on how to win at poker". Most people dropping that much would be going back to the drawing board and trying to figure out what in the hell happened and find a fix for it. But no problem here - it's the feel good hit of the season.

 

[ScottieDuncan]

$500 left, $0 lost

 

[WVHillbilly]

To those who think he's lost nothing:

I hand you $1000. You buy a $20 dinner and then 2 minutes later someone puts a gun in your face a demands you give them all you money ($980). You comply.
Do you call the police to report the theft? Why since you've obviously lost nothing? In fact, you're still up $20!

Yeah, your position is that stupid!

 

[Acesinthebig]

Pretty obvious - it really was a trick question - all he really wanted was the answer he was looking for ("totally and completely normal") and any other answer "don't have a clue on how to win at poker". Most people dropping that much would be going back to the drawing board and trying to figure out what in the hell happened and find a fix for it. But no problem here - it's the feel good hit of the season.

hahahahahahahaha
MB, I love you, you are awesome. This isn't my first rodeo bud. I've been playing internet poker since 2007, and I would say way more then the average person. I mean like 15 hours a day for months at a time, and always everyday for a minimum of 5 hours. Millions of hands, always multi tabling, playing any game. When I lose 500$ that's a drop in the hat, and let me tell you I'm not a rich person, but for some reason I can always manage to have anywhere from 300$ to 1000$ in my poker account and I'm consistently cashing out monthly for a minimum of 1500$. I think everyone's situation is a little different then others so it's difficult to fully explain mine, especially since I'm hardly articulate.
Anyway it seems that people have been split for the most part, so I think this was a good topic for consideration. At the very least it got people to think a little differently, even if not everyone agrees. My only desire is to share my poker experiences and try to figure out why I can always get my account to about 4000$ but never to 10 or 20,000$, and God knows I've tried.
But you are right, this is a feel good story!

 

[Acesinthebig]

My first week I deposited on to full tilt poker I built my Initial deposit of 100$ to 4800$. I tried to withdraw it and they dicked me around, so I lost it all in about a month. That was the first and only time I played on FT. I lost 100$ and time of course, but it was one of my many poker experiences, and first of many huge swings. Don't get me wrong I wanted to win a lot more, but it never happens. So I would say part of me was on tilt and didn't even care about the money because I knew I would never see it. But another part of me would tell you that I played pretty damn good poker but can't be invulnerable to losing a lot of money all at once, unfortunately due to variance. Now whether you believe me or not that's on you.

 

[youregoodmate]

My first week I deposited on to Full Tilt Poker I built my Initial deposit of 100$ to 4800$. I tried to withdraw it and they dicked me around, so I lost it all in about a month. That was the first and only time I played on FT. I lost 100$ and time of course, but it was one of my many poker experiences, and first of many huge swings. Don't get me wrong I wanted to win a lot more, but it never happens. So I would say part of me was on tilt and didn't even care about the money because I knew I would never see it. But another part of me would tell you that I played pretty damn good poker but can't be invulnerable to losing a lot of money all at once, unfortunately due to variance. Now whether you believe me or not that's on you.

This makes me a little dubious. I mean I've seen a fair few of your posts... I have some doubts that you withdraw $1500 a month. Maybe you play way out of your BR and just run epicly good. Do you have PT or HEM cosI would love to see some stats or a graph?

I mean like 15 hours a day for months at a time, and always everyday for a minimum of 5 hours. Millions of hands, always multi tabling, playing any game.

I mean come on...

 

[MadMaddie]

My first week I deposited on to Full Tilt Poker I built my Initial deposit of 100$ to 4800$. I tried to withdraw it and they dicked me around, so I lost it all in about a month. That was the first and only time I played on FT. I lost 100$ and time of course, but it was one of my many poker experiences, and first of many huge swings. Don't get me wrong I wanted to win a lot more, but it never happens. So I would say part of me was on tilt and didn't even care about the money because I knew I would never see it. But another part of me would tell you that I played pretty damn good poker but can't be invulnerable to losing a lot of money all at once, unfortunately due to variance. Now whether you believe me or not that's on you.

I kinda do not believe you. When you say something like "I played pretty damn good poker but can't be invulnerable to losing a lot of money all at once, unfortunately due to variance." that to me just sounds like someone who does not know what they are doing and is not following any kind of poker bankroll plan.
Something that was explained to me when I first started to play online poker with real money was "Even Phil Ivey himself would go broke if he did not follow some kind of bankroll management plan".

I also looked up your fulltilt screename & saw one nice score early on in Dec. 2007 for about $1,800 but then not much else and also a losing ROI for every year after.

 

[youregoodmate]

sharkscope says he's cashed around £68k on PS with a decent amount of volume.

Im so confused though cos he plays a 41/13 on my records, 99 hands.

Incredible post-flop? Mind****

 

[Acesinthebig]

I never won any money on poker stars. Like I said a lot will not believe and I don't think I have much to prove to you guys, but it discourages me from sharing my thoughts, when I hear a lot of close minded negative thoughts. And I seriously hope that we can learn from each other. I never asked for your credentials and you did not ask for mine. I'm just sharing.

 

[Acesinthebig]

And no I never use any HUD or keep any stats.

 

[youregoodmate]

When you say you're cashing out at least $1500 a month people are bound to be curious though.

 

[Acesinthebig]

Well is there any way to keep track on Bovada. I listed my screen name from Bovada when it used to be bodog (spectacul chuck, I believe it was, if you look back at 2007 that was by far my best year) FT was BigBlindStealer, and PS was Acesinthebig. I don't like looking at anyone's stats or HUD, call me old fashion. There is a way to be curious in a friendly way. Maybe I'm just defensive, and I apologize if I am. I don't know Why I bother I know the answers to my own questions, I live it every day of my life. How can you explain variance, that's why it's called variance.

 

[MediaBLITZ]

hahahahahahahaha
MB, I love you, you are awesome. This isn't my first rodeo bud. I've been playing internet poker since 2007, and I would say way more then the average person. I mean like 15 hours a day for months at a time, and always everyday for a minimum of 5 hours. Millions of hands, always multi tabling, playing any game. When I lose 500$ that's a drop in the hat, and let me tell you I'm not a rich person, but for some reason I can always manage to have anywhere from 300$ to 1000$ in my poker account and I'm consistently cashing out monthly for a minimum of 1500$. I think everyone's situation is a little different then others so it's difficult to fully explain mine, especially since I'm hardly articulate.
Anyway it seems that people have been split for the most part, so I think this was a good topic for consideration. At the very least it got people to think a little differently, even if not everyone agrees. My only desire is to share my poker experiences and try to figure out why I can always get my account to about 4000$ but never to 10 or 20,000$, and God knows I've tried.
But you are right, this is a feel good story!

I just don't see the relevance of that to this thread? You could tell me you're Ben Lamb and I would still say dropping 20-50% of your BR in a night is a problem that should be addressed - but I know you're not Ben Lamb because Ben would agree, not quote his "credentials".

 

[youregoodmate]

I dont mean to be disrespectful, it just came across as a brag.

 

[Acesinthebig]

I already admitted I have horrible BRM. I have 300$ in my account and I just bought into the 10k for 60$. I would never do this if I wasn't positive I was going to be able to build my roll back up.

I'm not bragging, I just want to learn, but sometimes I don't agree with everything that is said so I have to voice my opinion. That's what we're all here for right?

Better yet, let's agree to disagree on this one and I'll see you guys at the tables.

PS THE POINT OF THIS THREAD IS WHATEVER YOU WANT IT TO BE

 

[fletchdad]

PS THE POINT OF THIS THREAD IS WHATEVER YOU WANT IT TO BE

Yoko Ono would feel at home.................

 

[Acesinthebig]

PS- This thread inspired me to start a new thread entitled "10k Chronicles". All you haters make sure to read it. My account is over 1050$ now and I should be well on my way on working on my February check.

Peace Haters