Three methods to stop losing at Online Poker
Here are three steps for getting over with losing at online poker. First, make sure to always play in the proper environment. Second, if necessary play at lower limits. Last but not least, get rakeback.
Get the proper conditions to stop losing at online pokerIf you lose at online poker, it may or may not be a problem for you. The biggest online poker loser in 2008 is reported to be Guy Laliberte, for the stunning amount of 16 million dollars. But it is not certain if this bothers Guy that much, given that his fortune is estimated at more than one billion dollars.
Many losing poker players just play for the entertainment value of the game. They can afford to lose a little and do not wish to make changes. If you are one of them, stop reading here. Otherwise, if you love online poker but keep on losing, it may disturb you, make you feel depressed and possibly lead to a gambling addiction. So keep on reading.
If you want to limit your online poker losses, you have to change some of your habits. Usually alcohol and distractions like TV are reasons for losing at online poker. 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 professional poker players never drink while playing. And one of the best, Phil Ivey is famous for his unwavering focus.
Other reasons for losing at online poker are emotionality, discipline (or lack of it) and carelessness. Poker is a mind game and you cannot let your mind be distracted by a quarrel with your spouse. You must define a game plan and unconditionally follow it. And unlike Guy Laliberte you have to be wary of losing large sums of money.
Now the crux of this article is the second method for stopping to lose money at online poker. It is a very simple method. But very often the simplest rules are the most effective for those who can apply them consistently, and few can.
Second method for not losing at online poker
The second method 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. I mean you do not have to play at the lowest limit, but it is nothing to be ashamed of. I started at NL2 myself.
If you play with your friends, you may feel a lot of peer pressure to play at the same higher stakes as they do. Do not listen to them. Your pride is your worst enemy if you are at the online poker table, or any poker table and most games. The most effective method to end losing at online poker is to play at a lower limit. Hence your loss can be 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 pride and rigidity. Start at a lower stake and learn to be profitable there. Only when you become profitable at this lower limit, try the next higher 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 two methods 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.
Another way to stop losing at online poker
Finally there is a third method. Are you getting rakeback? Poker is a very profitable game for casinos and poker rooms because they take a rather significant fee, called the rake.
Depending on the stake and game type, the rake can be as high as 2BB/100 or even higher. No wonder that very few players are not losing at online poker. Even if you are at the average of all players in your game limit level, you will lose consistently because of the high rake.
Fortunately there is a method to reduce the cost of the rake. This is called the rakeback. In order to keep their more active players, some poker rooms offer a discounted rake which can be obtained through our rakeback programs here at rakebackriches.com. There is no pokerstars rakeback, but they have a great VIP Club instead.
Use all three methods to stop losing at online poker and you will.