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    Pro Blogs: How To Get Over Massive Losses by Alec Torelli

    22.05.12

    There’s only so much fluctuation we can handle before the money becomes real. Once we pass this threshold, emotions return.

    When we win, joy and euphoria. When we lose, pain and panic. The losses are always worse than the wins. They are so detrimental to our state of being that I refer to the tipping point for pain as the pain threshold (PT). PTs vary depending on frequency of play. For two athletes who rarely risk money, the least amount of volatility is exciting.

    The Problem: Compulsion

    If one chooses to gamble, crossing the PT is unavoidable. It can be avoided by implementing stop losses before they are reached or taking breaks after significant losing streaks. Nevertheless, while these tips are good in practice, they don’t always work.

    First we have to cross them to know where they are. And also a big game with a lucrative spot is often too irresistible for even the most conservative poker player to turn down. Let’s face it, we like to gamble. The real problem, then, is how do we recover when the inevitable happens?


    Source: PokerNews.com