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Gambling

TheGambino

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Guys I won a lot with poker and lost a lot. Now its going really bad after a couple of good months. I lost over 3000 euros this month and Im a student. Im broke atm and my mom knows about it. Gambing has a bad influence on me to be honest because I go less to the gym and stay at home a lot when Im losing.

I need to quit this is having serious consequences on my life in general...

I need to find myself a new job again and focus. It's my last year of school also.

Guys what are your overall thoughts about poker and gambling in general. Im a good poker player but I lose my cool when it's going the wrong way and I keep losing after that...

It's better for me to quit I know that
 

backbreaker

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I'm basically a professional gambler (horse racing). I don't have a problem with it but I have the bankroll to lose 5k and not lose sleep.

YOu have to have the bankroll to do it right
 

TheCWord

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Gambino,

I was in a similar situation when I was your age. Poker was my game too. It became a real problem (more of a time-suck than a lose-my-car type addiction). I was a break even player - which means all those hours, days, months, even years of playing live and online meant that I accomplished nothing. Gained nothing. It was just time I never got back. Gambling isn't exactly something you can look back on and say oh well at least I grew as a person.

Gambino (appropriate name), I can tell you that you are likely using poker as a coping mechanism. It's filling a "hole" in your life. Its an easy comfort. It's an adrenaline rush. It feels like you are ACCOMPLISHING something - which is huge if you are currently struggling with low self-esteem - when, really, unless you're actually making a living while also maintaining your sanity, it's an illusion. You're accomplishing nothing.

Time to take back your time, man. I get it, any time you want to pursue your passion or career or some type of self improvement goal, its easy to just play poker instead. After all, poker gives you results instantly. Pursuing a great passion is usually a long game and can feel daunting.

But remember, the reason those winning poker players are winners is because they see the long game. They're grinders. They don't worry about how much they win or lose on any given day, they just focus in how they played that day. Specifically, they'll just try to play every hand as optimally as they can. Then, whatever the result, they can say they were satisfied with their play or they learned something.

I doubt you are taking that "professional" approach to poker and I also doubt it's something you want to do for the rest of your life. So start shifting your attention over to the things you really want to do. And whenever you feel the pull to play poker/video games/surf the web instead, just remember, this is a long game. You gotta grind it out. Focus on the process, which often means fighting distractions, and the results will come. Chances are, putting the same number of hours into a career or hobby pursuit as you would at a poker table will result in a lot more money and much more happiness long term.

And if you do want to continue to play, make sure you use proper bankroll management. Otherwise the anxiety will kill you. Plus, playing with scared money never works. At least 25 buy ins for cash games (so 1/2 NL would be 5000), 30-50 buy ins for sit and go tournaments, and 75-100 buy ins for multi table tournaments. But seriously, just avoid cards for now and follow these bankroll rules when you're rolling in money.
 

backbreaker

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it's impossible to win if you are worried about how much money you have. Gambling is one of those things that you truly can only be successful if you don't mind losing the money. you have to take risks and trust yourself. you're not there financially yet.

Time to take back your time, man. I get it, any time you want to pursue your passion or career or some type of self improvement goal, its easy to just play poker instead. After all, poker gives you results instantly. Pursuing a great passion is usually a long game and can feel daunting.
for me horse racing always was the long game / passion. Everything I ever did was to do what i'm doing now.
 

mangotot

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Go to school, get good grades, and get a good job. Forget gambling. Its not for the masses - 99.99% lose money, only the rare ones win anything.

Drop gambling, focus on studies and *****.
 

PipeDope

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Bro I'm in the same position. I'm 22 years old and have won roughly 250k$ in jackpots in the last 4 years (Indian casinos). I still don't even think I've made a profit. Haven't been back in roughly 3 weeks, telling myself I can't go back. But deep down I know I will and lose money that I need to put towards growing my business. Gambling is emotionally and financially draining
 

mangotot

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You guys should visit gamblers anonymous, if your country has one of these.
 

TheGambino

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Thanks for the big support guys. Especially this:

''Time to take back your time, man. I get it, any time you want to pursue your passion or career or some type of self improvement goal, its easy to just play poker instead. After all, poker gives you results instantly. Pursuing a great passion is usually a long game and can feel daunting.''

It's like I lost my path, I don't care about school atm only about instant results, instant money and that went great for a couple of months, went on vacation spent 3000 euros on clothes, bottles and women and now im back at the start with nothing after a losing streak in a week in the casinos.

I need to cut gambling out coz it's indeed emotionally and financially draining and I can't afford to lose more money.

I need to focus on school and the gym again like I was used too. Plus I spent all the money Ive won with poker on bullsh1t like bottles in clubs and that kind of stuff it goes easily. I know deep down that I don't gain anything from it, I'm not growing and not learning. I know I'm a good player Ive won many tournaments and have the ability to make great plays and runs but I just lose my cool when it's going all wrong and then I can also lose myself so it's just not worth it.
 
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