My Worst Year In Poker - Losing $1,500,000 in 2021
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- Опубликовано: 13 сен 2024
- Fedor Holz talks about his worst year in poker where he lost over half a million.
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Respect for being so transparent and vulnerable. Shows you're not just a professional poker player, but also an awesome human being.
so now i can tell everyone that i won 1,5 million more than Fedor last year
😂
Thanks so much for sharing your journey in this way, Fedor. I struggle with being (too) risk averse sometimes and definitely have been feeling the pain of moving up in stakes + experiencing variance at the same time. Your ability to stay upbeat and maintain an objective perspective is inspiring!
At last someone who’s totally transparent with Poker winning/ Losing. I’ve always respected Fedor and his young German friends. The Poker sites don’t want you to know this, they want to sell you the dream that you can play cards for a living. You have here one of the best in the world explaining how it really is. He’ll always win at the game in the long term. My respect is even higher for the likes of Pokercode and the Raise your edge guys.
Crazy how a winning or losing a big flip here & there can really change what kind of year u have, you win 2 big flips in a major tournament and you FT or win and carry that momentum to play more & have more confidence. Where as you lose that AK flip and you bubble then you carry that stress and bubble again, now ur tilted and start firing bigger..i believe momentum is Huge in poker.
If winning/losing a flip has this much of an impact on your game/game selection you are probably playing outside your comfort zone, either mentally or financially, to begin with.
If you are living comfortably outside of poker and playing full time with a correctly structured roll, flips should never change your approach or your mental state. They are as much a part of the game as a deck of cards. I understand sometimes you will find yourself in a huge equity flip maybe in the last couple tables of a tournament and winning or losing that flip is worth a lot of $ev. However, if you are playing well and most importantly, as Fedor mentions, putting in volume, you will find yourself on both sides of those high $ev flips many times over.
I hate to take away from your comment but momentum is a psychological factor, the more you are affected by the psychology of the game, the less rational you are in decision making. You should never 'start firing bigger' because you lost a flip, this is a sure fire way to bust a roll. If you tilt over flips you should genuinely reconsider poker.
I hope you don't think I'm just picking you apart in the comments section for the sake of it but this is real advice. If I had to guess you don't play for a living. If you do then you really seriously need to work on your mental approach. Structure your roll in a way that losing flips and busting tournaments does not affect your ability to stay the course. Spend time studying. Get familiar with variance, not just as a concept but numerically how drastically it can alter outcome in short samples(again covered somewhat in the video here) and be aware when it is swinging your way too, some people experience short term variance and think they have ascended to poker godliness and make irrational decisions, believing they can beat tough games, play outside their roll etc. Be humble. Enjoy the game for what it is, a lot of luck with a sprinkle of skill that allows good players to overcome luck in the long run if you're disciplined.
All the best.
I highly respect and appreciate the sentiment of this entire video, gl for the rest of 2022
Very cool that you share those experiences as well. Error culture (idk how to translate "Fehlerkultur" any better) and dealing with it in a constructive way is so underrated on social media.
Greetz from Hamburg ✌🏻
2021 was the best year in Poker so far for me. I am happy with the amount of hours in put in studying, playing and mental health. Still a lot of things to work on, but I really enjoy the journey!
The start of this year has been rough, but I focus more on the lessons I am learning along the way! 👍👍
großen Respekt das so locker und positiv selbst kritisch damit umgehst, da muss man Mental sehr stark sein.!
gl weiterhin #Pokercodeforthewin
Love the transparency 🙌🏼
Time to get back in live tournaments! You would still crush the poker go tour guys! Thanks for the insight 🤙
Good luck Crush Lena and Darwin I am sure they would be happy take a big propbet
Great content! Thank you for being so honest with your downswing, Fedor! It takes a lot to talk about the bad days one can have in poker. Very much appreciated! Big GL for 2022! ✊😊
I lost 6000$ in slot mavjines in stead playng poker, my biggest win, 1.10$ buy in satelite to 55$ tournament and 1 place for 13.400 $ from 1.10$ my first ever biggest tournament.. but unfortunately I had lost all my bankroll and not played so seriously like you guys poker is amazing journey. I go tru rough times, smoking drinking. and wasting my time i think at poker so often and watch videos keep up.
@Light Love based response
Stay off the slots
dont play slots or fast casino games, ive won quite a lot (for myself) and then use that fund play poker, then went back to lose it all to barcarat because i couldnt be patient enough to build it up!
Great video Fedor. Thanks for sharing!
Thank you for sharing and for also talking about this. It is such an under spoken subject !
Bless your honesty bro, thats what helps people have faith in things. After a while it seems almost like the whole worlds a fixed carnival no teddy bears being given away but people such as yourself who make the extra effort to help the rest of us see the light and know that their are diamonds in the soil were trying to mine that makes all the difference
Thank you very much for sharing. Great perspective and attitude.
Thanks for sharing Fedor! I was curious about that downswing of yours. Soon you´ll be back to the winning streak!
Thanks for this vid!
Already subbed duh ( what are you guys doing with your life if You are not :D :D ). But still a great video that brings out something that is often overlooked. See You on the next one :)
Gotta love Fedor lecturing on variance.
When someone enters a tournament thinking they have a 0-5% edge, isn't it very possible that in reality the edge is actually negative. Edges are all just educated guesses at the end of the day and can't really be known ever.
Great to hear this from a pro
Losing hurts & makes you question everything. Not poker everything, "everything" everything
I wanted to share this to shine some light on the times when things don't go well. I hope this can put some things into perspective!
Ive taken many lessons from you. Take just 1 from me. You dont always need to be playing the best players in the world. You would be well served to play some streamed cash games, and to play all the Live WSOP events and some live 5k and 10k events.
Youre a Living legend my man keep going strong💪🏻
@Duncan Donut Donut TJ CLOUTIER had Tons of Money, and was the Winningest Tournament Players Ever for quite awhile, and now is 100% broke, and out of action.
@Duncan Donut Donut TJ CLOUTIER won the LEGENDS OF POKER event 3 years in a row. He won 5 WSOP bracelets and wrote books about poker than a whole generation read and learned from. Your Clueless. The top of the heap in poker offers NO edge to profit from
. I have played for 30 years. I know what im talking about
@Duncan Donut Donut Good poker is about finding games that offer a significant RETURN ON INVESTMENT, not accoades.
What goes up must come down...You just gotta try to pin point and play more when your on your highs and play less when you're on your lows...
Thanks for sharing your thoughts and experience! It's absolutely great!
I'm a full-time professional Poker player for around 10 years now. My goal is to play 5000+ MTTs online in the mid-/low-stakes per year. My ROI should be around 30%, but even though, vaiance can be brutal. Keep on grinding, cheers 🐳🐳
Awesome vid Fedor ty
Players who "want to play against the best in the world" seem to be missing the missing the most important skill in poker... game selection. 4% ROI on these super high roller events barely covers all the miscellaneous costs... travel, food, rake, tips, entertainment. If that is the best you can hope for... it is hardly seems worth it. Sounds like ego getting in the way of sound decisions.
And many off Them have No ev 4% more like -15%
It's not as simple. You have to factor in other different factors. E.g. how much your own game can improve by playing against tougher opponents (jungleman is well known for his reverse game selection while moving up), and how much exposure you get by playing in televised tournaments (to get better sponsorship deals, coaching deals, etc...).
@Duncan Donut Donut those who want to play super high rollers "against the best" aren't "99.99999% of us".
Do you think you streaming on twitch has to do with your loses?
I am suffering from bad variance in Lotto.I have lost a thousand buy ins.Had some small cashes tho.
thank you
You probably experienced the biggest sunrun anyone ever had in poker in the years before 2021 so it had to go the other way some time.
Fedor you are my idol see you soon at the highest stakes
Sounds like you've got good reasons as to why you're down but often those same reasons are rationalisations coming from a state of denial. Just an observation not a judgement.
Run bad for a couple of thousand games. It sounds more like tossing a coin for heads or tails and you'll see a run of for example heads and that goes on for a while. So you would win if you bet heads. Besides the skill of knowing how to play it just seems that in the long term it really depends on a lot of luck. And that would depend on the amount of money you won when you were running good. Another look factor. There are a lot of poker players out there who used to win millions of dollars that are now penniles. The variance finally caught up with them and their ability to play in games that were the wrong game at the right point in time for him to lose everything.
If you play within your bankroll in games where you have an edge over a statistically significant sample, your RoR will be approaching zero. To summarise, bankroll management, game selection, volume and poker skill equal wins.
How much BB/100 do you do?
where can i buy that shirt
Hi TheSmoulo!
The merch store will reopen very soon! Please keep an eye on our social media!
5000 tournaments in a year. So around 15 tournaments every single day?
That's the same score i have last 10 years total lol
I would much rather play a tournament with 200 or so of the best players in the world than a tournament with 4000 randomers
Rough enough to make someone become a youtuber.
So You finished your poker life?
I had a better year than you 😌
Why do you need to play poker if you already have a million dollars?
@@Tyrese18 hahahaha
Omg...
You really think $1 million is enough? lol
If you already had this much money why wouldn't you just play lower stakes and make some hundred k's a year while chilling on your millions?
Nice video Fedor... How is ze Germans are so much more balanced of all the high rollers 🤣
Who even is this guy, I put him on ace king and he fold everything, I'm too masculine
You bluffed off 1.5 million lol
scam
ALLin ! Major Move 👌😄. Trust me Fedor. We want only the best for You!!!😂😂😂( only fun) BUT NOW LOOSE AND GO BROKE 🤣🤣🤣✌. PLESANT DAY. Peaceee SPRECHE DOCH bitte DEUTSCH ALS DEUTSCHER ( mit Englisch untertext zb)... Meine fresse, sry aber. Was soll das??? Nicht böse gemeint. Schönen Sonntag noch ✌Justmy5Cent
i've been playing like 50-80 buy ins per day (include satellites, mtts) for a short period of time in online poker, let's imagine if you sat down more than 10 hours per day, 6 days per week, how many mental and health being wasted away? I experienced a liver burn sitting in front of my computer, and let's be honest, it's definitely not for everyone grinding as a road to become a pro!