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-   -   Dealing with losing money (http://archives2.twoplustwo.com/showthread.php?t=400291)

DrPhysic 12-17-2005 03:56 PM

Re: Dealing with losing money
 
Bravo! Bravissimo! Encore!

ROFLMAO!

BTW, nothing keeps you in practice at F'ing off filthy lucre better than having children. Especially grown ones.

Doc

curtains 12-17-2005 03:58 PM

Re: Dealing with losing money
 
freemoney it probably just means you arent ready to play the step 5's yet. Wait until you have at least double or triple your bankroll or something like that. The games aren't going anywhere and then itll be much easier to stomach a huge loss.

freemoney 12-17-2005 04:05 PM

Re: Dealing with losing money
 
What do you think is a good number for your bankroll to start really playing Step 5s, assuming you think you would be a winning player.

Freudian 12-17-2005 04:06 PM

Re: Dealing with losing money
 
I think it is healthy to have respect for money. It could be negative if you get scared of moving up when your game is ready. But seeing as you have made your way up the SnG ladder and play at a reasonably high limit I don't think it is a problem for you. Eventually you will feel comfortable enough to play the steps.

microbet 12-17-2005 04:11 PM

Re: Dealing with losing money
 
[ QUOTE ]
that has nothing to do with living in a house as a 20 yr old where its a hassle for people to get 5 dollars together for beer, and you are down 12k that week. I think its what holds me back the most, I was trying to get advice from people who have dealt with this sort of thing.

[/ QUOTE ]

Wow, pretty crazy that you are the one depressed about money in that house.

ilikeaces 12-17-2005 04:15 PM

Re: Dealing with losing money
 
[ QUOTE ]
What do you think is a good number for your bankroll to start really playing Step 5s, assuming you think you would be a winning player.

[/ QUOTE ]

100k

curtains 12-17-2005 04:19 PM

Re: Dealing with losing money
 
[ QUOTE ]
What do you think is a good number for your bankroll to start really playing Step 5s, assuming you think you would be a winning player.

[/ QUOTE ]

Depends who you are....anywhere from 100k-300k. Depends on how much $$ you like risking at once. Of course a higher number for the higher step 5's.

curtains 12-17-2005 04:20 PM

Re: Dealing with losing money
 
[ QUOTE ]
[ QUOTE ]
What do you think is a good number for your bankroll to start really playing Step 5s, assuming you think you would be a winning player.

[/ QUOTE ]

100k

[/ QUOTE ]

IMO 100k is on the short side for a responsible/professional gambler. Yeah ok, losing 10% of your bankroll is no huge deal when you have 3k and are grinding away at the 33s, but when you lose 10% of it and you have 100k, it really stings. Add this to the fact that the 1k games are much tougher and I feel that it's just risky if you aren't the kind of person who can take losing a large sum of money well.

Once you have like 250-300k, then losing 10-20k should sting quite a bit less.

freemoney 12-17-2005 04:31 PM

Re: Dealing with losing money
 
not depressed.

freemoney 12-17-2005 04:32 PM

Re: Dealing with losing money
 
alright thanks alot.


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