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emotionally attatched to the money, chris nelson, 19. Nov 2003 18:02
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My present situation has it where I am basically playing on short money. I am not playing with money that I cannot afford to lose, though, but rather, losing means I will be taken out of action and could have to wait probably a month until I am able to gather more. I know it is affecting my play in a couple of ways. For one, I cannot obtain enough playing time to get the experience I need and for another, after a couple of drawouts, I get a little passive at times. If I have won a couple of pots, passivity does not enter in but it is a problem when I have spent a majority of the beginning blinding away my buy-in and then get drawnout. Because of the swings common in the games, the amount I bring to the table can easily not be nearly enough. Generally, I bring 30 small bets. That's all I have. Getting knocked out and spending time away from playing has had some benefits, though. I think a lot about what I could have done better in the situations - what was the correct play. I'm learning lessons that have a lot to do with the game but in different ways than I thought at first.
Examples:
don't take a shot at bigger games w/o enough of a bankroll(haven't
done that yet for obvious reasons)
proper table selection (today I was at the wrong table for my style
of play)
tournament play requires a much larger bankroll
quitting a game at the proper time (play affected negatively)
only play with adequate resources(energy, money, TIME, etc.)
So, even though being out of action has had some rewards, How is one to overcome being emotionally attatched to the money?
Thank you,
Chris
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Re: emotionally attatched to the money, Roy Cooke, 19. Nov 2003 18:19
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Hi Chris

In your situation I would play in smaller games AND ones that are playing passively...that should reduce your swings and increase your chances to hang on to your bankroll and stay in action.

On being emotionally attached to your money: That is something you will need to adjust within yourself. You also don't want to be too detached from your money. Respect your money, but don't fall in love with it. Accepting poker as a long term proposition is a good mental attitude, but hard to do when you are short money.

Life is Good :-)
Roy Cooke

on 19. Nov 2003 18:02 chris nelson wrote:
> My present situation has it where I am basically playing on short money. I am
> not playing with money that I cannot afford to lose, though, but rather, losing
> means I will be taken out of action and could have to wait probably a month
> until I am able to gather more. I know it is affecting my play in a couple of
> ways. For one, I cannot obtain enough playing time to get the experience I need
> and for another, after a couple of drawouts, I get a little passive at times. If
> I have won a couple of pots, passivity does not enter in but it is a problem
> when I have spent a majority of the beginning blinding away my buy-in and then
> get drawnout. Because of the swings common in the games, the amount I bring to
> the table can easily not be nearly enough. Generally, I bring 30 small bets.
> That's all I have. Getting knocked out and spending time away from playing has
> had some benefits, though. I think a lot about what I could have done better in
> the situations - what was the correct play. I'm learning lessons that have a lot
> to do with the game but in different ways than I thought at first.
> Examples:
> don't take a shot at bigger games w/o enough of a bankroll(haven't
> done that yet for obvious reasons)
> proper table selection (today I was at the wrong table for my style
> of play)
> tournament play requires a much larger bankroll
> quitting a game at the proper time (play affected negatively)
> only play with adequate resources(energy, money, TIME, etc.)
> So, even though being out of action has had some rewards, How is one to
> overcome being emotionally attatched to the money?
> Thank you,
> Chris
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Re: emotionally attatched to the money, Mark Gregorich, 19. Nov 2003 19:31
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If you are continually playing on short money and realize that it is affecting your play, I would suggest one of two things.

First, play in a smaller game if it is available, preferably one without a bunch of preflop raising (this makes a smaller game into a bigger one - games without much raising have much smaller swings)

Or, wait until you have amassed enough of a bankroll to give yourself a fair shot in the game you want to play (and feel you can beat). I would suggest at least 100 big bets for the limit you are playing. This should give you plenty of time to play, and remove some of the money pressure you are feeling.

By the way, once this money has been delegated as part of your bankroll, this is where it should stay. Don't use your bankroll for personal spending, or rely on it to pay bills and such. If you simply view it as poker capital, it will help with the emotional attachment issue. You also must accept the fact that poker has some serious fluctuations - this is why you need a fat bankroll.

Mark
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Re: emotionally attatched to the money, Pale Ale, 19. Nov 2003 22:01
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Hi Chris.

Roy and Mark offered some good advice. Let me see if I can add something to the collective. It appears that your buyin is your bankroll at the moment. For a start, try waiting a week or two and bring 30 big bets instead of small bets. With 30 small bets you are basically put in a must win situation from the get go.

You are severely handicapping yourself by doing this. You need the ability to play your hands correctly without thinking of the result. It is likely you are not maximizing your wins and are losing some hands that if properly bet could be winners.

As far as emotional attachment goes, forget about it. Really. The worst you can do is bust out again and have to wait another month. You have done this before and from what I gather, are making the most of your down time. The next time you play, simply concentrate on making good decisions. It is these decisions that will make the money for you down the road, not winning or losing a single hand.

After a session, analyze your decisions. Focus also on your winning hands. We often take it for granted that since we won a hand, we played it properly. It is an obvious truth that this is not always the case.

You may want to consider playing some low limit stud also. Several casinos spread a no-ante stud game at the low end. This may help, and it's never a bad idea to be skilled in more than one game (table selection eh?). Oh and forgive the redundancy, but when your buyin becomes a bankroll, don't dip into it. It is hard for a carpenter to build a house after pawning his tools. PA




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Re: emotionally attatched to the money, timmer, 20. Nov 2003 10:18
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well, whay dont you sit out a month now ? you could spend the time re-studying a few poker books running hand sims and devising a sound buisness plan for your game.

then later when in you do go bust you will have already waited a month to get back in action and can continue to play with the money you gathered during the hiatus.

Id rather see you sitting in the can reading a poker book than on the rail broke.
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Re: emotionally attatched to the money, NewSchool, 24. Nov 2003 11:43
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In my opinion the BIGGEST factor in being successful in poker is being relaxed and comfortable. If you put too much pressure on yourself to win, or are too scared of losing, then you wont do well at all. Be relaxed and dont beat yourself due to underconfidence.

Realize that your emotions are vitally important to performance while playing. If you allow yourself to get on "tilt", or you become overconfident, you will not be happy with your play. Just be yourself, and learn from your experiences whether they are good or bad.
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Re: emotionally attatched to the money, timmer, 24. Nov 2003 11:47
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Good point but where do you think that relaxed comfortable feeling comes from? I know a guy who gets it from a bottle of jack black.
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Re: emotionally attatched to the money, NewSchool, 24. Nov 2003 12:50
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Booze isnt a good "relaxor" for poker. Ive found it will lower inhibitions too much and you wont hesitate to make decisions that you wouldnt have if you were sober (this also applies to other real life situations ofcourse) haha. Particularly you wont care to bluff too often, or you will call a big bet, etc. But whatever relaxes your mood will work, just dont let it affect your judgement.
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