Fri, 01/14/2011 – 17:34 – PokerPages Staff

Online poker pro Jay Rosenkrantz was at the center of multi-accounting allegations this week after admitting to using a friend’s account to play poker in 2007.

TwoPlusTwo member ‘CrazyMan1122′ spoke of the incident, where Rosenkrantz is believed to have taken part in several sessions of high stakes cash games under the alias ‘Wasted Potential’, in a thread before Rosenkrantz responded to confirm the suspicions.

“Yes ‘Wasted Potential’ was my old roommate and yes we played on his account (for a very brief period of time, maybe only a few sessions.”

“It was a few years ago, I regret doing it, and I stopped doing it after it was clearly decided in the community to not be ok.”

Rosenkrantz also spoke of how the game has changed completely since the incident three years ago and that he had no idea of his wrong doing at the time.

However, the tale took another twist after it was alleged the ‘Wasted Potential’ account had been used as late as last year.

‘J-Mac’, the roommate in question, then explained the situation which arose in October.

“That was not Jay playing on the account in October. But it was also not me.”

“There was very rich guy who was having a hard time getting a high stakes account on Full Tilt.”

“He approached me and asked if I could help. I said sure, set up the account for high stakes, gave him the password and told him good luck.”

Patrik Antonius promptly took the mystery player to the cleaners before the account was locked.

There remains no firm evidence regarding the theories of those involved and questions remain about how the unknown player transferred the huge sum to take on Antonius.

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Fri, 01/14/2011 – 17:42 – PokerPages Staff

From an early age we are taught that winning is better than losing.  However, we are also taught that winning isn’t everything.  On the surface, these two concepts appear to be polar opposites.  And yet, success in poker requires that these two ideas co-exist in perfect harmony. 

In a game of poker, winning is obviously better than losing. But let’s face it – you will never win every game you play.  Not even the best, most experienced poker player wins every hand and walks away in the money.  It is, however, during the losing periods that the successful poker player realizes that winning isn’t everything.  In reality, you will likely lose more pots than you will win, but the key to being successful is learning to handle the loss. 

In short, handling loss is about absorbing the cost of your losses through betting – one of the only aspects of poker that is always within your complete control.  By knowing that your goal in poker is to maximize profit, you will also understand that losing well is about not giving up big bets.  You will lose pots, but the amount you lose remains within your control, aside from a bad beat.  Success comes in your ability to play the game strategically while not allowing yourself to succumb to poor play. 

Handling a loss well is a fundamental skill at becoming a successful poker player.  In a sense, by applying techniques of winning to losing situations, one can lessen the damage of a losing session.

To learn more, check out PokerSchoolOnline, the best source on the Internet for poker-related learning.  Then put those skills to work by playing for free at PokerStars.net. Check out PokerPages’ Poker Information and Poker Articles sections for more poker information and tips, poker rules, poker betting and strategies.