60 days of losing

[tessarji]

Because you are a fraud?

Let's say you're actually TERRIBLE at poker, and your chance of having a losing session is 80%. Your chance of having 60 losing sessions in a row is (.8)^60 or 1 in 652,530.

In other words, you made a fake post and now people are taunting you for it.

[PocketAces2008]

Fine i'll stick to poker and never post here again. You can post all the statistic you want. I know for certain it's possible to have a 2 month losing streak. I just hope some of you never go through this type of streak.


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Because you are a fraud?

Let's say you're actually TERRIBLE at poker, and your chance of having a losing session is 80%. Your chance of having 60 losing sessions in a row is (.8)^60 or 1 in 652,530.

In other words, you made a fake post and now people are taunting you for it.

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[private joker]

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I know for certain it's possible to have a 2 month losing streak.

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I think what they're saying is that it's possible -- actually probable -- to have a 2 month downswing. But within those downswings there are a couple winning sessions even though the overall trend is a big loss for the month, the 2 months, the 6 months, or even in some cases, a year-long downswing. But if you really played 10 hrs a day every day for 60 days, the odds of never having one winning session are astronomical.

What I would suggest is playing until you're up maybe $100 or $200 even if it's only been 3 hrs. Stop, book the win, and it will do wonders for your psychology.

[tradingman123]

This is what I would do. Take part of your roll out and set it aside as your living expense to cover the next year or at least 6 months (I certainly hope you have this if you really left your job to play professionally).

Now treat your bankroll for poker as just that, poker. And your income goes back into the roll and stays there. While at the same time, you use the money you have set aside for mortgage payments and the essentials. I think this is the best way for you to accomplish.

I doubt anyone who reads these boards and has been winning part time for 7 years can possibly not make money 60 days in a row. Its gotta be psychology, and if that is what it is, you have to try to correct it. Setting aside money for living expenses ensure that you can play optimally because you DO NOT have to worry about winning the next pot to pay the mortgage.

[daveT]

[quoteWhat I would suggest is playing until you're up maybe $100 or $200 even if it's only been 3 hrs. Stop, book the win, and it will do wonders for your psychology.

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Solid.

I am wondering about the stats that are being given here. Even if 1/1mil is correct, I think that everyone is failing to see what this implies. THis says that it will happen one out of million people. Surely, there are more than one million people playing poker nowdays, so yes, it theoretically has to happen to someone. Someone has to hit the lottery.

[12ressiMorP]

even playing bad its hard to lose 60 straight days

[andyfox]

Then why did you ask if anyone else has ever lost 60 days in a row? Everyone's gone two months where they ended up losing money. But nobody who can play even a litle has lost sixty days in a row.

Chill out, man. You got a lot of constructive responses. You admitted you lost sixty consecutive days and didn't expect a few posts of disbelief or sarcasm?

Posting here will help your game. Post some hands, in the appropriate forum, where you weren't sure if you did the right thing. You'll get a lot of constructive advice.

[emerson]

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[quoteWhat I would suggest is playing until you're up maybe $100 or $200 even if it's only been 3 hrs. Stop, book the win, and it will do wonders for your psychology.

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Solid.

I am wondering about the stats that are being given here. Even if 1/1mil is correct, I think that everyone is failing to see what this implies. THis says that it will happen one out of million people. Surely, there are more than one million people playing poker nowdays, so yes, it theoretically has to happen to someone. Someone has to hit the lottery.

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One in a million is for 20 straight losses. You don't have to wonder about the math. If your chance of leaving a loser is 50% every session, then the chance of losing 20 in a row is 50% to the 20th power. Now, keep going to 60 and you'll see that it can't happen. Now a poor player who has a 70% chance of losing every session would still have only about a 1 in 2 billion chance of losing 60 straight.

When people exaggerate to this extent it is hard to take them seriously.

[PocketAces2008]

I think your stats where taken from online play. I am not exagerrating and it did happen to me playing casino holdem. I am not playing 4 tables at a time and that's what u dont realize. I know you online players who play well rarely have this happen.



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One in a million is for 20 straight losses. You don't have to wonder about the math. If your chance of leaving a loser is 50% every session, then the chance of losing 20 in a row is 50% to the 20th power. Now, keep going to 60 and you'll see that it can't happen. Now a poor player who has a 70% chance of losing every session would still have only about a 1 in 2 billion chance of losing 60 straight.

When people exaggerate to this extent it is hard to take them seriously.

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[segrem]

The stats being posted here have nothing to do with whether your're playing online or live. It's all simple math/probabilities. The odds of a winning player losing 60 straight sessions are so large that it's improbable that any WINNING poker player has EVER had 60 straight losing sessions. It's no different than flipping a coin (an unbiased one) 60 times and seeing it come up heads EVERY time. It's worse that one quintillion (10^18) to 1.

As pointed out above, a REALLY horrible player has a better chance at 60 straight losing sessions, but it's still pretty far-fetched.

Maybe there's another explanation. Perhaps you're playing in a crooked game?