Need money for poker?

[PointerJake]

Just wondering how everyone else feels about this subject. Since I have been a member at rakeback, I have had three different people ask me to lend them money because they saw me doing good at the tables. I will not mention any names because that is beside the point, and I do not give loans anyway. I dont mean to offend anyone but personally I believe that people needing a loan to play poker should not be playing in the first place!! I think that this is a huge problem in our poker community and society in general. How do you all feel about this?

[liladypokerpro]

I do agree with this as being a problem not just online but in the general gambling community. It seems the mentality behind it is that if they just had one more chance, they could undo whatever they've done to lose all their money and win it all back. Sign of addiction #1.

Getting loans is just adding insult to injury...a desperate act of a desperate gambler. You're not only putting yourself farther and farther in debt, but now, you don't just owe yourself, you owe other people...and that can be dangerous.

Granted it's not likely someone online would be able to hunt you down to get their money back, but there are other consequences to think about. And if it is a loan shark you're dealing with in a place like Vegas, well, then you're in deeper than you should be for sure.

Best solution: Only play what you can afford to play with. If you can't afford it at the moment, take up another hobby that won't cost you anything until you save up enough that you can afford to lose if you play.

[PointerJake]

I could not agree more!!!

[dew12109]

I am very much opposed to loans for gambling. The best poker players in the world can hit bad beat after bad beat even though they are playing "correct" poker. Loaning money out to people, or receiving loans from people shouldn't be allowed.

With that being said, I sometimes play in friendly live games, and the buy-ins are very small stakes. If a friend is wanting to play but doesn't have the cash on hand at the time, I'll usually loan out the money to them if they meet two conditions... one is that I know they are good for the cash, and two is that the stakes are very low. This way during our fun games, more people play, and it's advantageous to get more people to play for a fun friendly game with micro stakes. However, beyond this, no loans ever.

[BUILDMO]

I've been kind hearted and transferred some friends some. The bankroll was depleted a little.
They paid me cash back. (I refuse to make deposits, and never have).

It's sounds kind of creepy to me to have strangers ask for money.
I wonder if they lure young people over the net? I don't know?
Don't be naive to cons.
If they are that desperate, give them some rakeback chips, that will make you feel better.

[fallik]

i personally love panhandlers and panhandling. i do it everywhere from the mall to the online poker tables. i want everyone to know that the money they give me i do no actually care about by blowing through it as quickly as possible.

[Wyte22]

Well if you treat poker like a business, then taking out a loan to jump start your professional poker career, might not be a "bad" idea but it doesn't help you alot. It is like taking a loan out for any business you wish to start, your starting off in debt, with something that take times to build (your book/reg losers list for max profit or customer base in business world).

But as for asking people for money or offering prop bets online, I am completely against it unless it is an exchange like I did the other day, $5 on FT for $5 on Nordica. and as for prop bets, only do those in RL with RL friends, and people that I trust online. That's it.

[dashrki8fish]

yea taking out loans online not a good idea but as 4 the person posting this to come up with this i really just think your a greedy person from your statements and think your better than u r at poker it sounds like and a few of your close friends ask u 2 spot them a few bucks and u being the greedy punk u r decided to write a post about them 2 make them out 2 be bad ppl when u should just spot them 5 or 10 bucks if your really big high roller like u claim, i mean i know i win at poker and my friends that lose ask me for a few bucks i dont even consider it loan really just a gift cuz i know if im ever down on my luck they will help me out maybe u should think of giving a little sometimes in case u ever need a helping hand, but if its just some random person bumming which i dont see that as the case then yea thats pretty lame but like i said dude quit being so damn greedy and give ur friends 5 bucks it wont kill u i swear

[liladypokerpro]

Sorry dash, but having known the OP for a good long while now, I can tell you that you are way off base with your assumptions of him. I can understand why he posted this because even though it is against Rakeback policies, there are still people who tend to beg of other members for money. Anyone who is a true friend of Jake knows he's not talking about them...and likewise he would not intentionally post anything to make anyone out to be anything other than what they are. Also, just to point out, there is nowhere in his post where he claims to be a "high roller" - so please, don't put your own words in the place of his. He simply stated that when he was running good, people tend to beg off of him. That is hardly equivalent to saying he's a high roller.

[frob23]

I never loan money to people online. Well, there's one exception but he's related to me and I could drive to his house in five minutes and get it back if I needed to. But if someone asks me for money at a table, I usually just ignore them. I'm pretty big on not giving loans or asking for loans on tables. With the vast majority of people who ask for money, you'll never see it again.

Originally Posted by Wyte22 But as for asking people for money or offering prop bets online, I am completely against it unless it is an exchange like I did the other day, $5 on FT for $5 on Nordica. and as for prop bets, only do those in RL with RL friends, and people that I trust online. That's it.

A trade from one site to another is a completely different thing. Not that I would do it with someone I didn't know in some way and trust a little because there is always a risk you'll be ripped off.

[Vito_Nuccio]

Perfectly stated in the movie Fargo, "We're not a bank, Jerry."

I do not give any money to someone begging, especially online. To loan or give a stranger money for the obvious purpose to play poker is like throwing the cash into a bon fire. Everyone makes choices as to where their money goes. The beggers could save some cash by cancelling their internet service, thus ending their connection/addiction to online poker. If they are begging, their poker game is probably not up to snuff anyways, thay have already blown the bankroll. Not a very good or wise investment.

Some of us can play for free, others can afford to buy-in when needed. Free loaders need not apply. Poker takes money, if you can not afford to put up and lose what is on the table, your problems are far worse than just losing at a poker game.

As for giving to friends, careful about that road too, friendships come and go, online poker is open 24/7.

Later,

[bowlaman]

couyld anyone spot me $5,000? lol jk. Ya I dont believe in loans either but I do give players a chance to prove there skill. I like offering a deal for $3.3 to play the 90KO of FTP and if they outlast me I give them $10. If they cash I give them $20 and they keep what they make. All I ask of them is to play only 10% of there roll at all times. So basically play $.05-.1 tables and only the $2 sngs and tournaments till they have something to back up there play. Its a fun way to do it. I had one player take me up on the offer and win the KO and went on and now has a roll over $3,000 and gave me $100 to thank me. It was cool. Its nice to know I helped someone get a good start in this great game.

[RiverstarsVictim]

Filipino streetkids know not to ask me for money as I know it will mostly be spent on solvents. Online beggars have even less chance.

I've had emails from African scammers originating from poker forums (not this forum I hasten to add), the bottom line is, you simply don't know who you're dealing with. I accept online poker sites are generally secure but I'd be way too wary of the slightest piece of personal ID that could be given during any peer to peer transaction, it's just not worth the risk as far as complete strangers are concerned.

As for friends, a small $5-$10 loan is just pointless, they're not bankrolled for anything and they're basically telling me they have little to no experience of online poker. Much better they actually learn the hard way and start from the very bottom ie freerolls. In addition, there are actually sites online that offer free bankrolls so I'd probably point them to that direction anyway, if they lose that money then tough luck, I've already helped

[Fictive]

I've been making decent money from poker for several years now, and up to date I haven't loaned money for poker but once, and that was to my best friend who asked for a couple of hundred to start playing. I did tell him that it's okay, I'll lend the money because I know he is good for it, but he should NEVER play with "other people's money". He blew it all in a week or so, but did pay me back exactly when he said he would. Other than that, I just don't loan anyone money for poker or any gambling of sorts. If a close friend is a need, say a car broke down, a washing machine, etc... I have no problem helping my friend's out, but not for anything else. Ever. And I have never asked for a loan. Ever. And won't.

[PointerJake]

Originally Posted by dashrki8fish yea taking out loans online not a good idea but as 4 the person posting this to come up with this i really just think your a greedy person from your statements and think your better than u r at poker it sounds like and a few of your close friends ask u 2 spot them a few bucks and u being the greedy punk u r decided to write a post about them 2 make them out 2 be bad ppl when u should just spot them 5 or 10 bucks if your really big high roller like u claim, i mean i know i win at poker and my friends that lose ask me for a few bucks i dont even consider it loan really just a gift cuz i know if im ever down on my luck they will help me out maybe u should think of giving a little sometimes in case u ever need a helping hand, but if its just some random person bumming which i dont see that as the case then yea thats pretty lame but like i said dude quit being so damn greedy and give ur friends 5 bucks it wont kill u i swear

Who are you and what the hell are you talking about!! Reread post. And if you dont think there is a problem, you must be part of the problem. I am not strickly talking about rakeback either, I am talking about our society in general. It seems to me that there are a lot of poker players out there looking for the big win or the quick win, but they go broke chasing that dream. What I wanted to get most out of this post is to let people know that the best way to play poker is to stay within THIER bankroll. I think that this is the number one poker rule that most people dont understand, and the play way outside thier means. In turn, they end up begging for money, or maxing out all their credit cards. Just my opinion. Maybe it will help some people maybe it wont, but thanks to all who posted. I agree with all of you except this guy.

[frob23]

Wow, 3 whole posts to make my ignore list. That's a new record!

[BUILDMO]

you go all in on nothing, and you get a call.
you spike the river for the straight.
give others money, and they spike the river.
unless you know payment is there, DO NOT GIVE ANYONE MONEY.
MAKE THEM EARN IT.

[PointerJake]

Originally Posted by dashrki8fish do u not understand that these ppl your talking about r the ppl u win money from playing poker these bad players that cant quit if not for ppl like them everybody would be winning players playing each other then u wouldnt win so stfu give your friend 5 bucks and quit being such a tight ass and a real problem to society id rather give 1 of my friends 5 bucks than hear a ****** like u ***** about 1 of your friends asking u for 5 bucks like a *** lame oh god not my poker money good god get a life bro the poker world and the problems with the real world ur comparing when the 2 shouldnt even be in the same 2 sentences and oh yea your same ***** giving scotty a hard time hell the dude was so drunk he didnt know what he was doing quit judging everybody and worry about your own problems jake the snake or whatever hell your rainbow name is your the real problem with the world

Yea you got issues. And these beggers are not my friends. I might as well take my money and burn it as lend it to them. And from the sounds of your replys and how worked up you are getting you must be one of them!!!!!!!!!!!!!!!!!!!!1

[usmc622]

i undestand where every one is coming from about the loans i do not give out loans either but there is a big difference between loaned and being staked, even some of the best players in the world are staked every now and then so please keep that in mind

[xXShannonAXx]

people shouldnt loan money in my opinion and those that ask for it are novices

why not start a bankroll from nothing by playing in freerolls it might take u awhile but u will learn alot in the long time instead of just begging for cash and either quickly doubling up and then going bust or just going bust from the start