Lost money gambling

The other problem with tournaments is that you play most of them with a short stack, which means fewer decisions. Good players want to maximise the number of decisions they make because every time they make one they can be making a better one than their opponents (also why top SC2 players want to play macro instead of all-in styles). Bad players want to play 10bbs deep where the only decision is shove or fold because it's much harder to realise an edge in those situations. That's why cash players call them donkaments.

I would start off with $150 and play the $1.50 sng games on pokerstars, see if you can beat them over about 1000 games.


If you 20 table (ABC poker) then you should be able to polish off at least 100 a day. You should be aiming for around 5 to 10% ROI so 7.5c to 15c profit per $1.50 game.




I used to use 20x my buyin/liabilities as a rule of thumb, so when playing 20 tables of $1.50 your liabilities are $30 so you'd need $600



BUT most people just go off buyin, so if you play $1.50 buyin games then you have to have 20x $1.50 or $30 in your bankroll AT LEAST



I used to use liabilities because some hands can pure tilt you and cause a huge downswing in your results and your errors are magnified.



Of course, my advice is a bit outdated, it might be harder these days to make money but that was my rule of thumb

You kidding me?!


10bb was an art form! It ripped apart the regs for a while!! Back in the day when people opened the pot pretty light it was so easy for a 10bb stack to force either a fold or a likely 50% shot. It was more profitable than you believe....



Tournaments are also an art form. They are beatable. I think there is more of an edge in tournaments because a lot more people enter simply to "take a shot". On cash you get the regs who play TAG and solid poker.

sngs at the $7+ level are packed full of regs playing solid ICM unexploitable poker. even the $3.50 level these days have a lot of solid regs in them. edges in sngs are negligible with shorter stacks and variance is large. much of the money comes from rakeback and bonuses. the trouble is rakeback and bonuses are poor until you hit supernova.

6max hyper turbos and heads up hyper turbos are most popular these days.

I'm not saying playing short has no skill, I'm saying it has less skill than playing deep. If you're playing 10bb deep by choice in a cash game you are just ridiculously exploitable by anyone who actually tries. If you were exploiting people who didn't adjust then that's fine, but you could have exploited them by playing 100bbs deep too. The difference is you could have exploited their bad play on four streets instead of one, and actually got paid when you hit a hand.

Do you think I should start a dedicated sports betting thread?

I have no problem with you guys talking about poker, but it is a whole different topic and the topic seems to change rather a lot in here.

I also feel somewhat bad about the fact that we are having these discussions in a thread that was started because someone had a bad experience with betting.

It was an innocent question to see if folk would be interested.

Not everyone here is on looking for an argument.

Posted from TSR Mobile

the title is "lost money gambling" and poker is a form of gambling

me neither...


but to be totally honest this thread should have been closed a long time ago as talking about sports betting is identical to talking about poker in that they both don't relate to the original topic.,

Which is why asked about starting a separate thread in the first place.

It really is unbelievable on here. You try to help and the next thing you know you're being shot down.

It just seems to be a constant flow of people trying to be smarter than the last poster and I'm done with it.

Posted from TSR Mobile

You should search for a thread called "Betting Tips & Discussion"


also, you shouldn't presume that people are "shooting you down" rather that people are giving you some good input.

Playing games like roulette is pants on head retarded, you're not going to make any money out of it, do the maths. I think the only acceptable form of gambling is poker, and even then you shouldn't put real money into it unti you know the game; You will lose money when you first start playing, everyone does.

True say, people on here are going to argue about anything.

We are pretty constructive on this thread and having said that there is productive things been spoken about in here then that other thread.... all they talk about is is £1 accas....if you do that all day long your going to lose very badly.

Again I gave 2/3 in Baseball.....i ran about 74% last year

The Mariners got done. 4-3
Kansas closing out the phillies 3-1
Angels murdered texas 8-4

I went 3 x £100 stakes on these.

Also my earlier tip in the week Louisville Cardinals in march madness....when they were 7/2 they won and are in the finals monday. Now they will be such an odds on shot to win. If OLLIELEAKE and other idiots other there made sensible plays, they wouldn't be gambling stupidly.

Handicap Serena tomorrow, its license to print money.

Have you ever had a bad run?

Have you ever had a bad run?

Yeah, loads i call going 1/2 a bad run very rarely 0-3..... quite often 3-3 in picks.... but our knowledge like with your analysis of basketball helps did you watch the indiana game yesterday v washington expected them to come back. I took the Heat v Philaladephia when they were down yesterday.