Poker Dictionary
Tuesday, May 23, 2017
Browse By Letter
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | View All

Cashout Curse

  1. Noun

    The superstition that some online poker rooms use rigged software that cheats players who have made a large withdrawal by dealing those players weak hands, presumably to discourage future withdrawals.

    ADDITIONAL INFORMATION: While many regulatory jurisdictions require audits to ensure software integrity, and there is no evidence to suggest that any site actually applies a cashout curse feature, the superstition of a cashout curse does have a real basis in player psychology and bankroll management. Players often do not account for variance. When these players are running good and increase their bankroll, they may cash out a portion of the winnings. When these same players confront the expected bad runs, the prior winnings that were withdrawn are not in the account to balance out the losses. In such cases, the players are more likely to lose the entire portion of the bankroll that remains in the account. This type of loss can reduce a player's bankroll to the point that they are playing with scared money, thus increasing the likelihood of additional losses. Even when the losses are no larger than they would have been without the prior cashout, the fact that the loss is a higher percentage of what is in the account may make it more pronounced and more memorable than it would have otherwise been.

    EXAMPLE: "I have a hard time understanding how anyone could believe there is such a thing as a cashout curse."

    APPLIES TO: Online Venues




PokerZone is owned by Casino City, an independent directory and information service not affiliated with any casino. Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.