Punt
Also known as: Punting, Punted
Needlessly throwing away your stack with a bad play, often tilt-driven. "Punted it off."
To punt is to needlessly throw away your stack — or a big chunk of it — with a bad, unjustified play. The hallmark is that it's self-inflicted: not a cooler or a bad beat, but a spot where you handed the chips over through poor judgment.
Classic punts: stacking off light into an obvious nutted line, hero-calling a value-heavy range for your tournament life, or jamming a hopeless bluff into a player who never folds. "I punted my whole stack with second pair."
The root cause is often tilt — frustration after a downswing pushing you into reckless aggression to win it all back at once. It overlaps with spew, but punt usually means one big, decisive blunder (often all-in), whereas spew is the slow bleed of many smaller bad bets. Either way, the chips are gone for no good reason. The fix: recognise tilt, take a break, and stop trying to force action.
Example
Down three buy-ins, you 5-bet jam K♠J♦ into a nit who only ever 4-bets aces and kings, get snapped, and bust. That's not variance — you punted, and tilt was the trigger.