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#1
12-19-2005, 01:23 AM
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Re: Dealing with losing money
[ QUOTE ]
[ QUOTE ] Well, I realize that money is not the end all in this world. Friends, family, and health are far far superior in terms of importance in this life. Money comes and goes, and those who spend a ton of time worrying about it will live a very shallow life. I dunno, I guess I am desensitized to the value of it. [/ QUOTE ] On one hand what you say makes sense. On the other hand, with that attitude it might take you a while to get enough bankroll together to go beyond the 33's. [/ QUOTE ] How do you figure? 
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#2
12-17-2005, 03:34 PM
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Re: Dealing with losing money
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I am scared to play step 5s oon a regular basis because I dont wanna deal with losing 10 to 20k which will invaribly happen. [/ QUOTE ] [img]/images/graemlins/confused.gif[/img]
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#4
12-17-2005, 03:58 PM
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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.
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#7
12-17-2005, 04:20 PM
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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.
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#9
12-17-2005, 05:13 PM
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Re: Dealing with losing money
[ QUOTE ]
[ 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. [/ QUOTE ] Godd point. I was thinking more along the lines of someone who plays step 5 minis and regular step 5s not step 4 highers.
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#10
12-17-2005, 04:19 PM
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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.
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