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  #1  
Old 09-14-2005, 07:42 PM
RiverTheNuts RiverTheNuts is offline
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Join Date: Aug 2004
Posts: 203
Default Here goes, my goals

Writing these out is one thing, actually keeping to them is another.

I play poker to win money and because I enjoy using my brain to make good decisions. Tilting is the antithesis of making money. It is getting your money in with the worst of it, relying solely on variance to make money, which makes me no better than a drunk tourist in vegas. The longterm in poker is alot longer than I seem to think it to be. Therefore, superceding anything written below, I will quit for the day when any loss goes over 30 BB. This is for my own protection, and I know that this way frustration will not lead to unsound judgement.

My current bankroll is a touch over 1000 dollars. Although my sample size isnt @ 10k hands yet, I am running at 8 BB/100 at 1/2 6 max, so I am pretty confident that I can beat the game for a good amount if tilt is not a factor.

I will play 300 hands every day @ 1/2 6 max until December. At 300 hands/day and an estimated winrate of 8 dollars/100, this should make me a little less than 25 dollars/day, taking reload bonuses into account.

After each round of 300 I will import the history to PT and evaluate stats and any poor play. I will keep any funds over 500 dollars in my poker checking account, as most reloads dont require more than 500 to get the max, and this will protect myself from any impulse tilt betting.

I have approximately 85 days until I need to start cramming for exams and getting ready for X-mas. By this time, my goal is to have PT stats with VPIP under 30 and aggression factor over 2.25, as these are currently my 2 biggest hinderances to my game, with VPIP around 35, and Agression at 1.75. Further, if everything goes to plan, around 3000 dollars in my bankroll. At this point I will reevaluate where/how/if I want to continue playing.

In Summary: Think how [censored] lousy you felt this morning after losing a months worth of work. It will feel like that every time; you arent going to luck out like some donk; you will crash and burn, and it will hurt, you will feel like an ass, and you wont have money to buy little things that you want. Playing solid poker over the LONG HAUL is the only way you can gamble and be successful at it.


PS- I started back up this afternoon after work, rededicated... 150 hands, +21 BB.. then again, its easy to play well when you are winning and you just had the taste of puke in your mouth in the morning, lets hope it lasts
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  #2  
Old 09-15-2005, 03:43 AM
Justin A Justin A is offline
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Join Date: May 2004
Location: I travel the world and the seven seas
Posts: 494
Default Re: Here goes, my goals

[ QUOTE ]

I will play 300 hands every day @ 1/2 6 max until December. At 300 hands/day and an estimated winrate of 8 dollars/100, this should make me a little less than 25 dollars/day, taking reload bonuses into account.

[/ QUOTE ]

4 bb/100 is a completely unrealistic goal. Especially with comments like this:

[ QUOTE ]
By this time, my goal is to have PT stats with VPIP under 30 and aggression factor over 2.25, as these are currently my 2 biggest hinderances to my game, with VPIP around 35, and Agression at 1.75.

[/ QUOTE ]
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  #3  
Old 09-15-2005, 03:47 AM
Escape Escape is offline
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Join Date: Sep 2004
Posts: 52
Default Re: Here goes, my goals

hahaha, playing blackjack? 8bb/100? I'd contact GA if I were you.
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  #4  
Old 10-22-2005, 05:11 AM
Angelic_Ace Angelic_Ace is offline
Junior Member
 
Join Date: May 2005
Posts: 27
Default Re: Here goes, my goals

[ QUOTE ]
Writing these out is one thing, actually keeping to them is another.

I play poker to win money and because I enjoy using my brain to make good decisions. Tilting is the antithesis of making money. It is getting your money in with the worst of it, relying solely on variance to make money, which makes me no better than a drunk tourist in vegas. The longterm in poker is alot longer than I seem to think it to be. Therefore, superceding anything written below, I will quit for the day when any loss goes over 30 BB. This is for my own protection, and I know that this way frustration will not lead to unsound judgement.

My current bankroll is a touch over 1000 dollars. Although my sample size isnt @ 10k hands yet, I am running at 8 BB/100 at 1/2 6 max, so I am pretty confident that I can beat the game for a good amount if tilt is not a factor.

I will play 300 hands every day @ 1/2 6 max until December. At 300 hands/day and an estimated winrate of 8 dollars/100, this should make me a little less than 25 dollars/day, taking reload bonuses into account.

After each round of 300 I will import the history to PT and evaluate stats and any poor play. I will keep any funds over 500 dollars in my poker checking account, as most reloads dont require more than 500 to get the max, and this will protect myself from any impulse tilt betting.

I have approximately 85 days until I need to start cramming for exams and getting ready for X-mas. By this time, my goal is to have PT stats with VPIP under 30 and aggression factor over 2.25, as these are currently my 2 biggest hinderances to my game, with VPIP around 35, and Agression at 1.75. Further, if everything goes to plan, around 3000 dollars in my bankroll. At this point I will reevaluate where/how/if I want to continue playing.

In Summary: Think how [censored] lousy you felt this morning after losing a months worth of work. It will feel like that every time; you arent going to luck out like some donk; you will crash and burn, and it will hurt, you will feel like an ass, and you wont have money to buy little things that you want. Playing solid poker over the LONG HAUL is the only way you can gamble and be successful at it.


PS- I started back up this afternoon after work, rededicated... 150 hands, +21 BB.. then again, its easy to play well when you are winning and you just had the taste of puke in your mouth in the morning, lets hope it lasts

[/ QUOTE ]


This post has so many problems.

You say that you play to win money, but that is not entirely the case. You play for the fulfillment and ego boost of winning, and once that is taken away, even for a short while like 200$, and you go off the deep end. You can only ASPIRE to play to make money at this point. Such a player has some mastery of the CRITICAL skill of long term success - bankroll management.

Secondly, you are confident because you're winning at 8bb/100, yet you state you have 10k hands of data. This is a pissant amount of data that is nowhere near accurate. Nothing to base future hopes on whatsoever. You have suddenly set a bunch of goals and rules for yourself, but you're not going to follow them. You don't just magically develop self control and discipline overnight, you have to figure out the REAL reasons you are playing poker right now, and how you have emotional investment in your results. Once you get through that, THEN claim to be a player that 'plays to win money', and THEN set goals for yourself.
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  #5  
Old 09-15-2005, 03:00 AM
Bodhi Bodhi is offline
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Join Date: Sep 2004
Location: Berkeley, California
Posts: 425
Default Re: I just tilted away half my bankroll in 5 minutes, laugh at me

Never, ever engage in any gambling again.
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  #6  
Old 09-15-2005, 05:01 AM
newhizzle newhizzle is offline
Member
 
Join Date: Nov 2004
Posts: 44
Default Re: I just tilted away half my bankroll in 5 minutes, laugh at me

[ QUOTE ]
Never, ever engage in any gambling again.

[/ QUOTE ]

well this certainly makes me feel better about my self control

[ QUOTE ]
When I lost 1/3 of my 21K bankroll a few months ago and put the rest on red (it came up 2, black)

[/ QUOTE ]

holy [censored] [censored] dude!
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  #7  
Old 09-15-2005, 04:00 AM
psyduck psyduck is offline
Senior Member
 
Join Date: Jan 2005
Posts: 235
Default Re: I just tilted away half my bankroll in 5 minutes, laugh at me

[ QUOTE ]
Someone commit me. I thought I was above it. I thought I had conquered it. It had been 2 or 3 months since one of these episodes.

I drop 25 bets at 2/4 after a few beats. "Oh [censored]", I say to myself, "I need to make that money back, thats enough money to eat for 2 weeks" Here, lets go to a 400 NL table and stack someone. QQ runs into KK and BAM... "Oh [censored] oh [censored], I need that money... lets take a grand and double it back up playing BJ" Double down on 11, get a 2 dealer flips 11 and BAM, im done, down about 1500 for a winrate of around -$18000/hr

I played for over a month for that much money and its gone in 5 minutes, because I cant control myself. I wont let myself lose without going completely [censored] bust. Im not sure if its a disease, or if Im just effing retarded, probably the latter.

The whole reason I havent gambooled my whole roll away is that half of it is processing in neteller right now

In any case, Im done with gambling for a while, I cant handle it... reading this post makes me sound pathetic, which I am for not having any self discipline.

[/ QUOTE ]

I have no idea how someone can do this. It makes no sense.

The worst I've done is take $25 to a 25NL table and go all-in every hand preflop. Then I lost it, realized how stupid it was, and left the table. I usually 8 table 30+3 SNGs with a 200+ buyin bankroll, so this is like nothing to my bankroll.

But losing a small portion of it, then losing 4x of that, and then losing 16x at blackjack just seems so retarded... it makes no sense?? I mean, it's not even tilt. Seems like a gambling problem to me.
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  #8  
Old 09-15-2005, 10:16 AM
gildwulf gildwulf is offline
Senior Member
 
Join Date: May 2005
Location: 3/6 six-max and $20-50 SNGs
Posts: 846
Default Re: I just tilted away half my bankroll in 5 minutes, laugh at me

[ QUOTE ]
I drop 25 bets at 2/4 after a few beats. "Oh [censored]"

[/ QUOTE ]

I stopped reading after this. If you go on tilt after dropping only 25 BB I have two words of advice:

1) don't ever play SH
2) don't gamble again until you can control your emotions
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  #9  
Old 09-15-2005, 10:06 PM
Al Schoonmaker Al Schoonmaker is offline
Senior Member
 
Join Date: Sep 2002
Location: Las Vegas
Posts: 608
Default Re: I just tilted away half my bankroll in 5 minutes, laugh at me

First, most of the people here will not laugh at you for losing a lot of money while tilted. We don't come here to laugh at other people; we come here to help and to be helped.

Second, many of us recognize the underlying problem: You are unable to handle losses. You have an excessive need to get even. I recommend you read "The hit and run follies" in John Feeney's, "Inside the poker mind."

Third, read my series on tilt at cardplayer.com. You MUST learn how to identify your triggers BEFORE you go on tilt. The fact that a trivial loss, $100, started a process that caused you to blow half your bankroll strongly suggests that you should not play poker or that you should play only micro-limits. If you can't handle a $100 loss, 2/4 is MUCH too large a game for you because that size loss will frequently occur.

Regards,

Al
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  #10  
Old 09-16-2005, 12:13 AM
mosch mosch is offline
Senior Member
 
Join Date: Apr 2003
Posts: 659
Default Chasing losses is fun...

... except when it isn't.

Honestly... I'd count yourself lucky that your blackjack strategy didn't pan out. If it had, you'd be far more likely to try it again... and again...

Hopefully you've learned a lesson that's worth more than a couple dimes over the course of your lifetime.
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