Defeated at CDPoker
I lost all my money at CDPoker today. I had been given $50 from them for free with no deposit by signing up with them through PokerGlitch. As usual, I was up in the beginning – about $40 – but then, as usual, I lost it all very quickly. I’m not sure what goes wrong. I think I play a little too loose when I’m up and then when I start going downhill I start chasing straights and flushes. But I really don’t know. Thank goodness it isn’t my money.Â
I think I would have had to have played hundreds of days at CDPoker before I could have cashed any of the money out. So their “free” money is quite difficult, to put it mildly, ever to obtain. Nevertheless, I treated it like it was real, and it made the experience fun.
So far I’ve used the following free money no deposit required deals:
-Â Party (I forgot how much they have given me, but it has been at least $40)
-Â Titan (through PokerSourceOnline) ($50)
- Pit Bull ($10)
-Â Dream Poker ($10)
- Poker.com (through Leet Poker) ($50)
- CDPoker (through PokerGlitch) ($50)
Â
I just noticed that there is a new site called Teen Patti Party (what a name) which gives $5 without requiring a deposit. I’ll have to check it out, and when I lose this money, I’ll return to freerolls.Â
Â
Now THIS is great gaming news! What do I do now?
1. Subsribe to Gaming Moments!
3. Bookmark this post on del.icio.us
About this Post
Posted on July 4, 2006 by Suber | Filed Under Online Poker, Poker, Promotion
|
Print This Article | 3 Comments
Comments
3 Responses to “Defeated at CDPoker”
Leave a Reply
Recent Articles
- Fan Favorite, Tournament of Champions Resumes this June
- Firing Draws On The Turn
- Danish Poker On The Up – Wrang Wins EPT Campione
- Always Think Ahead in Poker
- Range Perceptions
- Calling The River – Out of Position
- The WSOP National Championship
- World Poker Tour Foundation revealed
- Will there be a Poker Bill in the USA in 2012?
- Bodog domain name seized by US government
I’m sure you are doing a few things wrong but the other players are probably erring as often, if not more. What is likely happening is Gambler’s ruin, i.e. your bankroll may not be sufficient for your bet size.
http://mathworld.wolfram.com/GamblersRuin.html
QS
Interesting. I have never heard of “Gambler’s ruin”. I’m not sure I understand it. How would it explain my initial winnings when my bankroll is considerably smaller?
It doesn’t. It just says that random variation being what it is ,you’re likely to have swings of a certain magnitude for a given bet size and bankroll. With time, one of those swings is increasingly will cross zero. The swings will also cross 2X ( i.e. if you’re evenly matched, you’re as likely to have double as nothing) but that doesn’t end your session. It’s all part of the larger subject of money management or bankroll management that is worth learning.