If you lose at online poker, it may or may not be an issue for you. The biggest online poker loser in 2008 is reported to be Guy Laliberte, for the staggering amount of 16 million dollars. But it is not clear if this bothers him that much, given that his fortune is evaluated at more than one billion dollars live draw sgp.
Many losing poker players play for the entertainment value. They can afford to lose and do not wish to change. If you are one of them, stop here. Otherwise, if you love online poker but keep on losing, it may disturb you, make you depressed and ultimately lead to a gambling addiction. So keep on reading.
If you want to limit your online poker losses, you must change your habits. Usually alcohol and distractions like TV are the reasons for losing. If you really want to limit your losses, you must control the conditions when you play online poker. Always stay focused and sober. The top poker pros never drink while playing. Phil Ivey is famous for his unwavering focus.
Other reasons for losing at online poker are emotionality, discipline and carelessness. Poker is a mind game and you cannot let your mind lose its focus because of a quarrel with your spouse. You must have and unconditionally follow your game plan. And unlike Guy Laliberte you must be wary of losing large sums of money.
Now the crux of this article is the best method for stopping to lose money at online poker. It is a very simple method. But often the simplest rules are very powerful for those who can apply them.
The rule is simply to play at lower stakes.
Usually the lowest stake available at online poker rooms is two cents big blind, i.e. a full stack is equal to two dollars. To lose five full stacks is a rare event, so that your maximum loss per session is ten dollars.
If you play with your friends, you may feel peer pressure to play at the same higher stakes as they do. Do not listen to them. Pride is your worst enemy if you are losing at online poker. The most effective method to end this is to play at the lowest possible limit. Hence your loss is under control and you can learn to improve from there.
Beyond the usual five suspects mentioned earlier, losing at online poker is often the consequence of much pride and rigidity. Start at the lowest stake and learn to be profitable there. Only when you become profitable at this low limit, try the next limit level and be ready to come back down if you lose money at this higher level.
The key is that you have nothing to prove to the world. What matters is your wallet and how to protect it. Humility is your best friend if you really desire to stop losing at online poker. Start applying the method in this article the next time you sit down at an online poker table and your results will improve immediately. You will lose less, regain your confidence and start thinking about turning into a winner.