How much should I be prepared to lose?

[Grawburg]

Heading to AC next weekend for some low limit hold em ($2-$4 or $3 -
$6). This will be my second trip to play in an actual casino (instead
of online or home games) and the first time in a casino since getting
some books and studying the strategy of the game.

If I'm gonna be playing for all of Saturday and Sunday, how much should
I bring. I don't want to go in with the attitude that I'm gonna lose
it all, but I am a novice so I want to be realistic. I was panning on
bringing $600 and only letting myself lose $300 per day. Thoughts?


--
Grawburg
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[foldem]

On Sat, 27 Sep 2003 17:14:32 GMT, Grawburg
<Grawburg.ufcz0@pokerbonuscodes.com> wrote:

>
>Heading to AC next weekend for some low limit hold em ($2-$4 or $3 -
>$6). This will be my second trip to play in an actual casino (instead
>of online or home games) and the first time in a casino since getting
>some books and studying the strategy of the game.
>
>If I'm gonna be playing for all of Saturday and Sunday, how much should
>I bring. I don't want to go in with the attitude that I'm gonna lose
>it all, but I am a novice so I want to be realistic. I was panning on
>bringing $600 and only letting myself lose $300 per day. Thoughts?

Very reasonable. Buy-in for about 30 Big Bets. If you lose that,
take a break, go for a walk, get something to eat, enjoy the
boardwalk, etc. Give yourself a chance to refocus. Think about
what's happening.

Then later, try again. Good luck.


Best,

Peter

"There are no strangers at BARGE, just friends we haven't met yet"

[Nat Silver]

Grawburg wrote:

> Heading to AC next weekend for some low limit hold em ($2-$4 or $3 -
> $6). This will be my second trip to play in an actual casino (instead
> of online or home games) and the first time in a casino since getting
> some books and studying the strategy of the game.

> If I'm gonna be playing for all of Saturday and Sunday, how much should
> I bring. I don't want to go in with the attitude that I'm gonna lose
> it all, but I am a novice so I want to be realistic. I was panning on
> bringing $600 and only letting myself lose $300 per day. Thoughts?

You are asking the wrong question.
This may seem a little harsh, but I'm
pretty sure your question shows a bad
attitude. Don't even think about losing.
Use your credit card as backup.
Play with a positive attitude.
You will know if and when you
have had enough.

[lysdexic]

Something tells me Nat is heading to AC next weekend too.


"Nat Silver" <mathelp@worldnet.att.net> wrote in message
news:xckdb.155322$0v4.11603313@bgtnsc04-news.ops.worldnet.att.net...
> Grawburg wrote:
>
> > Heading to AC next weekend for some low limit hold em ($2-$4 or $3 -
> > $6). This will be my second trip to play in an actual casino (instead
> > of online or home games) and the first time in a casino since getting
> > some books and studying the strategy of the game.
>
> > If I'm gonna be playing for all of Saturday and Sunday, how much should
> > I bring. I don't want to go in with the attitude that I'm gonna lose
> > it all, but I am a novice so I want to be realistic. I was panning on
> > bringing $600 and only letting myself lose $300 per day. Thoughts?
>
> You are asking the wrong question.
> This may seem a little harsh, but I'm
> pretty sure your question shows a bad
> attitude. Don't even think about losing.
> Use your credit card as backup.
> Play with a positive attitude.
> You will know if and when you
> have had enough.
>
>
>
>




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[Mike]

On Sep 27 2003 6:30AM, Grawburg wrote:

> Heading to AC next weekend for some low limit hold em ($2-$4 or $3 -
> $6). This will be my second trip to play in an actual casino (instead
> of online or home games) and the first time in a casino since getting
> some books and studying the strategy of the game.
>
> If I'm gonna be playing for all of Saturday and Sunday, how much should
> I bring. I don't want to go in with the attitude that I'm gonna lose
> it all, but I am a novice so I want to be realistic. I was panning on
> bringing $600 and only letting myself lose $300 per day. Thoughts?

It depends on how much risk of ruin you wanna take. $600 seems ok,
although keep in mind it's not impossible to lose it all playing 3/6 over
a weekend.

Regards,
Mike

_________________________________________________________________
Posted using RecPoker.com - http://www.recpoker.com

[Scott Crabtree]

Some book I read somewhere when I was just learning gave me some of the best
advice on this I've ever heard: "Don't play with money you can't afford to
lose, emotionally or economically."

It was only later that I really understood this: you have to be in a
position to accept real risk in order to win. Losing some hands is a
mathematical certainty. Your goal is to play the right hands when the odds
are in your favor.

But if your thoughts are clouded by fear of losing ("that's the rent money),
or, worse, a "need" to win ("I've got to win back the rent money!"), you are
almost sure to lose. Why? Because your thoughts will be influenced more by
these emotions than your sound mathematical judgements.

And if you don't know what I mean by "sound mathematical judgements", I
suggest you go to the library or a bookstore and get a good book.

[Scott Crabtree]

Some book I read somewhere when I was just learning gave me some of the best
advice on this I've ever heard: "Don't play with money you can't afford to
lose, emotionally or economically."

It was only later that I really understood this: you have to be in a
position to accept real risk in order to win. Losing some hands is a
mathematical certainty. Your goal is to play the right hands when the odds
are in your favor.

But if your thoughts are clouded by fear of losing ("that's the rent money),
or, worse, a "need" to win ("I've got to win back the rent money!"), you are
almost sure to lose. Why? Because your thoughts will be influenced more by
these emotions than your sound mathematical judgements.

And if you don't know what I mean by "sound mathematical judgements", I
suggest you go to the library or a bookstore and get a good book.

[Art Johnson]

On Sun, 28 Sep 2003 01:57:57 GMT, "Scott Crabtree"
<scottcrab@SPAMFREEpobox.com> wrote:

>Some book I read somewhere when I was just learning gave me some of the best
>advice on this I've ever heard: "Don't play with money you can't afford to
>lose, emotionally or economically."

You've got to be kidding, right? Only people like Paul Phillips
aren't playing with the rent money. I've been playing with the rent
money my entire life. I'm playing with the rent money right now.

What else is new.

[Samuel C. Croy]

This has always been my advice to new players. When you are in fear of
losing the money you have on the table you will invariably make the wrong
decisions about how to play a hand. This is one reason why tournaments are
such a boon to the new poker player. Once you scrape together the buy-in and
register that fear is removed and you can play your cards without regard to
real dollars. You are essentially playing with play money. (Unless you
bought in with your rent money of course).


"Scott Crabtree" <scottcrab@SPAMFREEpobox.com> wrote in message
news:Ferdb.2882$qK1.2971741@news2.news.adelphia.net...
> Some book I read somewhere when I was just learning gave me some of the
best
> advice on this I've ever heard: "Don't play with money you can't afford to
> lose, emotionally or economically."
>
> It was only later that I really understood this: you have to be in a
> position to accept real risk in order to win. Losing some hands is a
> mathematical certainty. Your goal is to play the right hands when the
odds
> are in your favor.
>
> But if your thoughts are clouded by fear of losing ("that's the rent
money),
> or, worse, a "need" to win ("I've got to win back the rent money!"), you
are
> almost sure to lose. Why? Because your thoughts will be influenced more
by
> these emotions than your sound mathematical judgements.
>
> And if you don't know what I mean by "sound mathematical judgements", I
> suggest you go to the library or a bookstore and get a good book.
>
>

[Calahan MacCool]

Assuming you are playing a total of 15 hours, My guess is that $450
oughtta be way more then enough. Thats about $30 per hour worth of
entertainment. Should more then cover drop and tokes.

Anticipating a $600 loss for two sessions in 2-4/3-6 is huge. But if
that's your bankroll you can do a few things like play 2-4 all day
saturday, play your best. Then Sunday, take whats left, or your
winnings and whats left and play $5-$10, that is if they still spread
that in Atlantic city. Been 7 years since I've been there. Or you
can Just play 2-4 all weekend, play your best and take the rest and
deposit it online for some low limite and tournaments.

Grawburg <Grawburg.ufcz0@pokerbonuscodes.com> wrote in message news:<Grawburg.ufcz0@pokerbonuscodes.com>...
> Heading to AC next weekend for some low limit hold em ($2-$4 or $3 -
> $6). This will be my second trip to play in an actual casino (instead
> of online or home games) and the first time in a casino since getting
> some books and studying the strategy of the game.
>
> If I'm gonna be playing for all of Saturday and Sunday, how much should
> I bring. I don't want to go in with the attitude that I'm gonna lose
> it all, but I am a novice so I want to be realistic. I was panning on
> bringing $600 and only letting myself lose $300 per day. Thoughts?