The TalkingPoker.com Forum

The TalkingPoker.com Forum (http://www.talkingpoker.com/forum/index.php)
-   General Poker Discussion (http://www.talkingpoker.com/forum/forumdisplay.php?f=2)
-   -   -100k (http://www.talkingpoker.com/forum/showthread.php?t=12491)

JDMcNugent7 11-08-07 09:49 PM

-100k
 
in about 15 minutes.
A 10/20 decent player was sitting 3/600. I decide to sit and just play tight. I hadn't played in like 12 days really and obviously I wasn't looking at it like it was a job like I usually do. I lose about 25k somehow without hitting anything. Then another 75k when I hit a flush on a 3 flush board and he has a higher one. I honestly didn't play bad at all but it was just dumb of me. I don't even know what to think right now exactly besides I took a Huge shot that now seems very high risk and pretty low reward and it went as bad as it possibly could have. Sick thing is I had a fucking flush HU on a 3-flush board, and this guy had been playing crazy, I thought I was gonna be shipped a 150k pot and it went to him instead. To lose that much money at my age in that amount of time is just insane and I don't even know what to think right now. I'm not like pissed, my roomates were in the room and have no idea lol.

I have had a TON going on in my life lately and being confused about things def lead me to think it wasnt too bad an idea to play so high. I haven't been playing poker at all, Ive just been going out and having fun alot, and not taking school too seriously either. I think maybe, maybe, this is what I needed to get back into the grind and just make some $$$ and not be greedy.

I'm def not playing the next 3 days, this really couldn't have gone worse than it did, but I juts gotta deal with it. Time to go drink...

VeryMoonFunk 11-08-07 10:02 PM

wow thats pretty tough. sorry to hear things didn't work out so well.

wish I could lose 100k and not feel like putting a gun to my head. :rolleyes:

maybe someday.....

GTDawg 11-08-07 10:09 PM

dude...

Just one thing...

Remember that thread about you staying in school or doing what you wanted and liking the college life etc etc?

I would think this is a huge blinking billboard that you are not ready to "grow up" and get going on the rest of your life. Now, considering the amount of money you've been involved with over the past few years, you have been forced to use an amount of maturity that may not be present in most people your age.

However, you have to think about the rest of your life. You are being given the opportunity to do whatever the hell you want for the rest of your life all the while having your family and close friends taken care of.

The amount of people on this planet that can honestly admit that they are set for life at 20? We're talking LeBron James and Bill Gates territory here man.

I know it's mean to try and treat this as a "now sit down and look at how stupid this was" right now. And, the best thing is to probably go get drunk and not ever think about it again.

BUT

As a person reading all about your life for the past 2 years, I (and probably a few others on this forum) would be really fucking pissed if something like this affected your poker playing for months/years to come.

Of course, it probably won't. And I know you have money set aside and you will be able to move on and get past this with respect to your poker playing.

But damn man...we gotta work on your ability to just take things easy. I know at 20 it is a broken record, but honestly speaking...you gotta grow up about the taking chances things. You have to be able to look long and hard at your decisions and make sure you are doing the best for your future.

You have some innate gift that can literally give you anything you want for your entire life if you learn how to harness it and use it to the best of your abilities. Don't throw it away because a decent 10/20 player is sitting at a 300/600 table.

***I'm sure this is overly harsh and you probably have the money to absorb this sort of loss and I know I'm probably reacting differently cause I can not imagine losing 100k like that...but still...***

melioris 11-08-07 10:17 PM

hey man, I have not dropped 100K in 15 minutes, but I have done a lot of stupid shit in my life, esp when I was younger. PM if you get too down on yourself and want to talk, but worry more if you don't get down a little.

Benji 11-08-07 10:45 PM

Money comes and go especially for poker players, and from what I know you play good.AS for poker all I can tell you drop down your limit and start playing again probably take a break though from poker, If you made them before you will make them latter :) Hard luck mate

As for your life/school your should know what to do, sit think and decide what you want your life to be like.

MAYHEM45 11-08-07 10:58 PM


PShabi 11-08-07 11:15 PM

JD,

You sick fuck.

Now that that's out of the way,

Do you mind if you ask how much you had online before this little setback?

hc422709 11-09-07 12:09 AM

Fuck
I can't even imagine losing 100k.

That's really fucking tough.

on the plus side... it's only a month worth of winnings :S

Talking Poker 11-09-07 12:55 AM

GTDaw's post was great. Instead of reading anything I would have come up with here, go read his again.

Then stop beinf a douche and playing WAY over your head like that. I mean, seriously - I know you are a big winner, but I also know you don't have the roll to be playing 300/600. At a mere 20 buy ins (which anyone would call ridiculous for Heads Up play), you should have a $1.2 million roll. And I know you don't. So stop being a tard.

Also, think about what made you make the decision to sit in that game. Was it because you thought you could score an easy $50k or so? If so, is that really necessary? I mean, do you need to win $20k or $50k or $100k in 20 minutes? Would wining $5k after an entire hour of playing be so bad?

There comes a point where the risks greatly outweigh the rewards, IMO, and I think you far exceeded that tonight.

Sorry to be harsh, but rather than shrug this off and potentially let it happen again, I'd rather you really think about it and NOT let it happen again.

Wes 11-09-07 01:34 AM

Did the thought that this 10/20 player wasn't actually the same person that was playing 300/600 ever cross your mind?

MAYHEM45 11-09-07 01:38 AM

QFobviousness.

Spidey44 11-09-07 01:39 AM

Damn JD... Tough one (to say the least!). Stay off the tables for a while and enjoy the college life. Then when you're ready, grind it out and get that 100k back.

JDMcNugent7 11-09-07 06:38 PM

I'm really not sad about this, maybe it hasn't hit me yet. I went out last night and had a good time and it was like nothing changed. I guess I can lose 100k without it really affecting my life too much right now. I have 15k online right now, I guess I'll take a break for a few days and end up grinding it back or borrowing some money or something. My parents are visiting this w/e, I'm gonna talk to them about it all. I already told them.

I'm not really the type of kid to just do okay at things. I'm getting sick at doing okay at poker, and okay at school. It might seem dumb right now, but now more than ever I'm considering taking a semester off, from either school, or poker. I'll update after I talk to my dad, probably tonight. He already said he thinks taking a semester off will be a mistake, cuz he thinks I won't come back. But he knows I'm mature and knows I can make my own decisions and said he's fine with whatever I chose.

eejit101 11-09-07 08:11 PM

:eek::eek::eek::eek::eek:

No offence, but that comment is just either complete bullshit, r you are a complete moron.

I know it aint the 2nd one.

Thats a fucking house you just lost, or a sportscar, or alot of hookers and blow to dumb it down for the less intellectual readers.

jillaj 11-09-07 08:25 PM

To take chances and make it big you have to lose sometimes and learn from it. I thought they were just chips when your playing poker? It is a lot of money but what can you do about it now? Learn and move and on. I am actually impressed if this doesn't put him on life tilt. It shows a lot I think. I know I sure as hell be on life tilt from it.

eejit101 11-09-07 08:33 PM

If it doesnt put him on "lifetilt" how will he learn from it?? How will he realise the value of money?

jillaj 11-09-07 08:41 PM

How then could anyone play high stakes poker and bluff or play a lag style? It isn't money while you play, they are chips.

eejit101 11-09-07 08:43 PM

your forgetting, people who play 300/600 NLHE HU and lose 100k in 15mins, can afford it. Jd doesnt have the BR for it yet, he will do soon im sure, but not yet.

THats a big setback

juiCe[3x] 11-09-07 09:08 PM

All great poker players have a disregard for money. Doyle Brunson said this during the WSOP I think or something like that.

stormswa 11-10-07 12:37 AM

I'm no one to preach about money management but since JD put it out there (again) might as well chime in. Seriously dude WTF, why do you make these posts? we get them like every couple of months? are we supposed to feel sorry for you or impressed you can lose 100k and it means nothing.

I hate agreeing with eejit (really I do) but his comment about the higher level players having the bankroll and losing is dead on. JD himself said he was playing way over his head against a good player which I'm still confused about. When you chase someone to higher limits arnt they supposed to be bad players you are chasing?

but seriously playing nutty above his bankroll is how JD won all this money so why would we think that having the money now would change him? It is a habit that either needs to be broken or he will go bust, JD has great poker skills, more then I will mostly ever have but his self control leaves a lot to be desired.

again im not the best one to talk about money management or self control but since he made it public in open poker forum thought I would give my :twocents: .

hc422709 11-10-07 01:04 AM

No.






100k obviously means something to him.
Just not enough to put him on "life-tilt" or anything close to it
besides, when someone loses 100k, they might as well find a place to vent on it. I don't get how this is "Seriously dude WTF" at all...

stormswa 11-10-07 01:40 AM

It dosent need to put you on tilt but it need to accomplish something or you need not to play. JD has no job so his poker money he has right now is what he uses, he built it from nothing. I dont know how much he has total but he says he has 15k left online, I dont know if the 100k +15k is his bankroll but I will assume it is. So he just lost 90% of his bankroll playing in a game he should not of been at. Now if he has other money aside then thats different.

If you can lose 100k and 90% of you bankroll and it accomplishes nothing and teaches you nothing then that is sad. Now I have busted money out over and over but I have the ability to put more on if I want to, I dont think JD has that ability. If he is playing the games he should be at his bankroll should not take 100k swings, he does not have a 1.5 million dollar bankroll to be sitting at this game. again maybe im totally wrong and he has 1.4 million sitting in his dorm room, in that case 100k no biggie.

for JD to say he was not even sad about it is pretty sick, not because of the money but because of the % of his bankroll he lost. Not saying he need to tilt and be all depressed and whatever else is involved in a "life tilt" but he does need to sit down and learn from this.

PShabi 11-10-07 02:06 AM

What happened to not posting here anymore? For the 50th fucking time?

stormswa 11-10-07 02:17 AM

Im very selective of the posts I decide to post in, I have known JD for a long time and felt posting in this thread was worth it. I also enjoy posting in the HA section because its a great learning tool for others along with myself. I shy away from the drama filled posts like EEjit's and the general section in general.

PShabi 11-10-07 02:19 AM

You end up looking like a giant douche when you repeatedly say you're going to do something and never stick to it.

MAYHEM45 11-10-07 02:19 AM

lol at thinking 100k is 90% of JDs bankroll and "knowing him for a long time"

PShabi 11-10-07 02:20 AM

lol at 90% of the shit Brian has posted on this forum since it started

stormswa 11-10-07 02:21 AM

I said I wasnt positve mayhem and I was assuming and yes since I was here when he started on talking poker and that is when most/all of us were introduced to him Id say thats a long time.

if thats not a good portion of his bankroll then I stand corrected, I dont dig that much into JD's life I was just going by incomplete information Mayhem.

stormswa 11-10-07 02:24 AM


well this seems like its heading in direction that is not good for thread so I will stop it here. Thanks for input Phil.

Talking Poker 11-10-07 02:37 AM

No shit. Brian even sucks at quitting.

Seriously, am I the only one cringing reading bankroll management advice from Brian??? Ugh.

And I know, I know - you're not "back." You're just posting in that one thread and then that one section and then in this other section and then in that one there too and then ok, everywhere except for eejit drama threads, but YOU ARE NOT BACK! Whatever, dude. Worst... quitter... EVER!

As for the JD situation, I don't think JD lost 90% of his roll. I suspect he COULD redeposit if he wanted to, but I also don't think he wants to do that (nor do I think he should, since he obviously still has serious discipline issues).

And to those trying to say they are just chips, yeah, that's true to some extent, but that's also a really stupid way to look at poker. You MUST factor in bankroll management when deciding how many of those chips to put on the table in the fiurst place. Extreme example: Would it be a good idea to remortgage your house, max out all your credit cards, borrow money from everyone you know, get a loan at the bank, sell all your possessions and then put that total sum of money on the table in a very high stakes game where you have 1-200 BBs? Should you then just consider those chips, and not money? Um, no.... that's retarded.

Now I'd like to end this post with a quote I read somewhere once... if only I could remember where:

"Suffer the pain of discipline or suffer the pain of regret."

Talking Poker 11-10-07 02:38 AM

:confused:

Wait.

Did I miss 10% of his posts?

:confused:

hc422709 11-10-07 02:56 AM

lol, yeah, I agree... You shouldn't think of the money you play with as just money. I mean, if you have problem betting X Dollars on a hand, then you shouldn't be playing that limit.

Most people want to think of it as chips instead of money is because they are unable to ignore the value of money and play their best. It's probably best if we just accept the fact that money is whatever it is and continue to play our optimum strategy. <--- its obviously quite difficult, but if ur able to do it, it'd be pretty impressing, and ur pretty much going to be a good solid player.
So, I like JD's approach to poker, although he probably shouldn't have done that 300/600 thing.

But more importantly ... JD obviously doesn't have only 115k, so... I dunno why Brian would assume that JD lost 90% of his bankroll. (Considering JD has been fetch 100k+ for a couple of months. During the Summer etc.)

sjay2k 11-10-07 03:06 AM

pffft nothing to worry about

suited35 11-10-07 11:54 AM

would that make you a donkey

eejit101 11-10-07 05:30 PM

So really we agree with me for a change. Im remembering this moment.

I am in a way thinking that JD wanted some advice from peoeple as to why he isnt on life tilt, as if he isnt (and im shocked at that) then he knows we are the type of people to point out why.

JDMcNugent7 11-10-07 07:33 PM

I don't know exactly how to explain it, but I really don't think this is as big of a deal as some of think it is. I wasn't tilting, I wasn't playing poorly, I took a big risk and it really went as bad as it possibly could have. Obviously I got really unlucky to get colddecked like that there, but it's poker. I knew there was a chance of playing well and still losing an incredible amount of money to me, and unfortunately that is exactly what happened.

The part about losing 100k and it not affecting my life is true. I'm proud of the fact that poker affects my life a very small amount, if I'm not sitting at the computer playing, I'm not thinking about poker at all. It's not a brag like Brian suggested and it's also not me being a moron like eejit said. People just look at money differently. I think if I looked at it like losing a house like eejit does then there is seriously no way in hell I would have won nearly as much $ as I have anyway. It's both good and bad, but as soon as I sit at the table they really are just chips. I lost 100k, maybe I'll grind back from 15k, maybe I'll just quit poker for awhile and concentrate more on school. I never will re-deposit. I regret taking the shot b/c I was looking for fast money and playing for the wrong reasons, but at the same time I don't know a single 25/50+ player who hasn't done similiar things as this, alot of times worse. Maybe it's almost necessary to have this kind of gamble and disregard for money to play at those levels.

Talking Poker 11-10-07 07:58 PM

I was totally with you until here:

The disregard for money is fine (and probably necessary - I agree)... it's the lack of bankroll management skills that I have a problem with. I don't mind you losing $100k - you took a shot, played fine, and were unfortunate. It happens.

What bothers me is that you thought it would be ok to put 90% of your effective bankroll (since you will never redeposit) on the table. That's stupid.

So now here you are with 15k. Assuming you don't want to bust and be done with poker forever (how horrible would that be for a guy like you who could easily make a living playing poker???), you shouldn't even be playing 5/10 NL any more, let alone taking shots at 25/50 and 50/100 when donks are donating. Now you're stuck back at the low stakes, grinding out 2/4 again.

Like you said, you were looking for fast money (why - I do not know - but you may want to give that some thought) and made what IMO amounts to a huge error in judgement. Hopefully you won't do it again and go sit with your remaining roll at 10/20, because if you do, there is a very good chance you'll go SWAbusto and then (according to you never redepositing again) you'll be done with poker forever. Hello, day job.

Ouch.

eejit101 11-10-07 08:00 PM

Then IMO you need to quit playing all together.

Wes 11-10-07 08:10 PM

Is it really that hard to get say 50k back into a site? I wouldn't think it would be too hard to get it back on there with wire transfers.

PShabi 11-10-07 08:21 PM

This thread sucks:

1) Let's quit using "life tilt" like it's some clinical term. WTF is "life tilt" anyway? It's an old (very old) joke. You guys "sound" retarded.

2) Eejit and Brian, the forum would be a better place if you guys stopped sharing your "opinions" and "advice" so much. Especially in this thread. Just stop.

Thank you.

eejit101 11-10-07 10:28 PM

Cos your so full of genius advice?

What have i said here that isnt 100% down the line and decent advice?

PShabi 11-10-07 10:47 PM

This sucked.

eejit101 11-11-07 12:19 AM

he said when he sat with 100k it felt like "chips".

He cant think like that, for the following reasons....

1. JD has no job.
2. JD is in college, and is not top of every class.
3. JD has 115k online and "wont deposit anymore"
4. $100k is $100k, to anyone thats a shit load of money.
5. He isnt bankrolled for it.
6. When losing it, it hasnt affected his plans or life at all???
7. If JD wants a huge headstart in life in general, to get whatever house/car/job he wants, and to maybe play poker as a job, i dont know, he cant afford to lose this amount of cash in a daft attempt to "hit a quick score"
8. More to the point, and the best point is - thats 85% of his bankroll.....


JD has what... 800k proifit from poker? THats now 700k. If he takes mroe shots at 300/600 its gonna be much much less.

All im sayiong is play sensibly, and he has the BEST lifestyle possible for a kid his age??

Im advising him that if losing 100k means nothing, then dont play, as spending 100k on something meaningful that will assist his life is a damn good plan, not blowing it becuase he is bad at ignoring the feelings to take big shots.

Windbreaker 11-11-07 12:56 AM

I don't see the point of you guys getting pissed over this. JD choose to gamble this high. He lost. Life goes on. If he doesn't take crazy shots like this, he would have never have been in the position to lose 100k in a day. If it was me, I would probably be satisfied with "grinding" the 10/20 or 25/50 NL tables, but that's probably the reason why I'm still a low stakes player.

Who cares if 100k is 5% of his bankroll or 100% of his bankroll. It is his money to lose. He is still healthy and with his ability, he can eventually get it back if focuses and has patience.

Is it stupid to gamble so high? Probably, but it's not losing 100k that matters now, it's what he's going to about it in the future.

PShabi 11-11-07 02:13 AM

tl;dr

eejit101 11-11-07 10:08 AM

wind - we care as he posted. If he didnt post it, he wouldnt care what ppl here thought.

Shabi - go fuck a man:thumbsup::rolleyes:

JDMcNugent7 11-11-07 01:36 PM

ur "best point"- that its 85% of my BR, is completely wrong.

eejit101 11-11-07 01:37 PM

im sorry? You lost $100k, you had $15k left, your not redepositing....


tell me where i cant work that math out plz

hc422709 11-11-07 03:37 PM

I really don't see why this thread is still going...
He lost a bit of money...realized it was probably stupid to go to 300/600, got a bit drunk later, and now is JD > God.

JDMcNugent7 11-11-07 10:40 PM

Oh ok. Though I don't plan on re-depositing at all and I highly doubt I will, I do usually count all the liquid $ I have as my bankroll whether it be on Full Tilt or not. It's there and if I ever really wanted it I could have it, I just have always been one to not deposit, when I cash out I really want it to be the last time I ever use that $ for poker.


All times are GMT -4. The time now is 09:10 AM.

Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2004-2008 TalkingPoker.com