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PAYDAY
By Elyxiatic on 11/09/2010
So I've been playing poker recently.
Been doing small tournaments to see how I go.
Sooo happy right now.
Called an all in pre-flop with 55.
Guy turned over 66.
Next hand went all in with massive short stack with KQ.
Some guy turned over AA.
Still massively happy though
Been doing small tournaments to see how I go.
Sooo happy right now.
Called an all in pre-flop with 55.
Guy turned over 66.
Next hand went all in with massive short stack with KQ.
Some guy turned over AA.
Still massively happy though
By Indivi2you on 11/09/2010
What's poker... I play goldfish.
Grats though, you're turning into Stokenut
Grats though, you're turning into Stokenut
By Jayson on 11/09/2010
Stoke #2
By Quikdrawjoe on 11/09/2010
I r disappoint
By George on 11/09/2010
How many days hours will it be until you lose all that?
/sceptical George.
/sceptical George.
By David on 11/09/2010
| QUOTE: George @ September 11, 2010 06:39 am) |
|
How many /sceptical George. |
Pretty sure "sceptical" is spelt with a "k" not a "c", as in skeptical.
OT:
You're cheating. You're Mr.Numbers, it's not fair to the other players.
By Mmangler on 11/09/2010
Professional gambler realize that it all just goes back into the pot. Hours of play and at the end your net is hopefully slightly up but it could be massively down or slightly down. But hey have fun out there but try not to let it run your life.
By His_Lordship on 11/09/2010
Walk away with it dude.
By Sativas on 11/09/2010
By Phantasmal on 11/09/2010
Grats you lucky guy, now share 
By Stokenut on 11/09/2010
Okay I guess it's time for me to step in and clear up the common misconceptions relating to poker, gambling and casino games. I'd expect Eugene to understand the concept of poker or to at least understand how good players are profitable over a decent sample size regardless of fluctuations of luck.
I play poker professionally. It's my primary source of income and has been for about 6 months now. These are the numbers for July, August and the start of this month.
Poker isn't played against a casino, so the whole "Stop before you lose it all!" ideology is just uneducated and wrong. Yes there is luck involved. You can get your money in an 80% favourite and get unlucky, but over time, if you get your money in a favourite more often than an underdog you'll show a profit. All you have to be able to do to accomplish this is to make better decisions than the people you're playing against.
The "house" makes it's money in rake. Let's say you play a $100 cash game pot - the house will take $1 out of it and the winner takes the rest. In a tournament situation, as you can see in Gary's screen-shot, a $2 tournament costs $2.20. The house takes the 20 cents. The rest is played for by the players.
Poker is a game where 2-10 players play their hands against each other, making bets and taking calculated risks based on the strength of their own hand versus the expected strength of their opponents hand in any given situation.
Every hand a good player calculates and takes into consideration the following before making a decision in a poker tournament.
-How big is your stack?
-How big if your opponents stack?
-What position are you in? (Who acts first after each betting round?)
-What are the blinds? How many big blinds do you have and how many does the average stack have?
-How many players get paid? How far away are we from being ITM?
-What is my pot equity?
-What are the pot odds?
-What are the implied odds?
-What information do I already have on this player? How does he play certain hands?
WG has already shown me 3 examples in this topic of uneducated assumptions that I'd expect from a 50 year old woman that buys scratch cards. You fall into the category of this person...
I play poker professionally. It's my primary source of income and has been for about 6 months now. These are the numbers for July, August and the start of this month.
Poker isn't played against a casino, so the whole "Stop before you lose it all!" ideology is just uneducated and wrong. Yes there is luck involved. You can get your money in an 80% favourite and get unlucky, but over time, if you get your money in a favourite more often than an underdog you'll show a profit. All you have to be able to do to accomplish this is to make better decisions than the people you're playing against.
The "house" makes it's money in rake. Let's say you play a $100 cash game pot - the house will take $1 out of it and the winner takes the rest. In a tournament situation, as you can see in Gary's screen-shot, a $2 tournament costs $2.20. The house takes the 20 cents. The rest is played for by the players.
Poker is a game where 2-10 players play their hands against each other, making bets and taking calculated risks based on the strength of their own hand versus the expected strength of their opponents hand in any given situation.
Every hand a good player calculates and takes into consideration the following before making a decision in a poker tournament.
-How big is your stack?
-How big if your opponents stack?
-What position are you in? (Who acts first after each betting round?)
-What are the blinds? How many big blinds do you have and how many does the average stack have?
-How many players get paid? How far away are we from being ITM?
-What is my pot equity?
-What are the pot odds?
-What are the implied odds?
-What information do I already have on this player? How does he play certain hands?
WG has already shown me 3 examples in this topic of uneducated assumptions that I'd expect from a 50 year old woman that buys scratch cards. You fall into the category of this person...
| QUOTE: Things idiots ask about poker) |
|
Did you win or lose at poker last night? me: Does it matter? I try to think long term and ignore the short term swings. noob: I want to know, just tell me. me: OK I won. noob: How much? me: $xxxx noob: But how much did you lose? me: What? I didn't lose anything, I won $xxxx noob: So you didn't lose any money before you won the $xxxx? me: No, you asked me how much I won and I gave you the net total. It includes all the wins and loses. noob: Wow that's how much I make in a month. Do you make that much every day? You must be rich. me: Some days i win, some days i lose. There's a lot of variance involved. Are you addicted to poker? me: No, I'm not addicted. noob: Well how often do you play poker? me: Every day noob: You're addicted then me: You're a clown. I'm playing poker to make money, I'm not f**king addicted noob: Sure, that's what they all say, all the gambling addicts. What's the most that you've ever won in a day/week/month/year? me: That's personal, I'd rather keep that to myself. noob: What, don't be a dick, just tell me. me: I'm not being a dick, I just don't want to tell you how much money I make at my job. I don't ask you how much you make for answering phone calls and playing minesweeper. noob: That's different, you won the money. me: I earned it. It's not like I'm playing the f**king lottery! Can you actually make a living playing poker? me: Yes you can, unless you're an idiot, then you probably can't. noob: But if you're playing poker all day instead of working then how do you pay your bills and buy food and things? me: With the money i make playing poker. noob: Wow, how is that even possible? me: It's possible because I play poker for money. What did you think, that I was playing for match sticks or something? noob: But can you make as much money as a real job? me: If I was making less than a real job, I'd go get a real job, duhhh. noob: I don't understand how you can make money at it though. me: Because you're an idiot. Luckily many other idiots exist in the world and they put money online and lose it to me playing poker. noob: Well you're the idiot because if you want a loan or a mortgage the bank won't give it to you because you don't have a proper job. me: What makes you think I'd ever need a loan or a f**king mortgage? Can you teach me how make money playing poker? me: I could, but it's not worth my while teaching a beginner. Go buy a book or something. noob: What? Why won't you teach me? me: Because i don't want to waste my valuable time explaining to you basic stuff like the difference between a straight and a flush. noob: You're such an *******, I can't believe you don't want to teach me. I'm never talking to you about poker again. me: Good, and if I ever want to learn how to scrape half-chewed bacon off plates in a greasy cafe I won't ask for your expert opinion either. If I give you £100 can you double it up for me? me: Why would I waste my time playing with your money when I could play with my own money? noob: Well, I'll give you a cut of the winnings then. me: Can't you see how dumb this is? Why don't you go put in a long shift at the factory and give me a cut of your wages? noob: Come on, it won't take you long. Just double it up for me quick. me: Oh really, and what if I lose it? noob: What? I thought you were good. What happens if/when you lose all your money? me: I use pretty good bankroll management strategy, and based on my expected win rate its practically impossible for me to go bust. noob: So, you have a system? me: Well... OK, yes, it's a "system" noob: The thing is, all gamblers lose all their money eventually. You should quit while you're ahead so you don't lose it all back. The house always wins in the end. me: Thanks for that insight, would you like me to explain poker bankroll management in more detail? noob: *ignores me* My uncle so-and-so had a "system" and he ended up getting into debt and losing his house. My auntie divorced him and now he sleeps on our sofa and works in Burger King 45 hours a week. me: What? Oh my god, really? i never even knew that your uncle was a poker player? noob: He was betting on the horses. me: What the f**k has that got to do with poker? noob: Well gambling's gambling. me: Yeah you're right. Gambling's gambling. Hey, lets flip a coin, you win you get £1000 and if i win you get punched. Ok, heads I win, tales you lose, here we go.... Do you have a good poker face? me: I play online. You know that I play online. People can't see my face you fool. noob: Yeah but have you heard that "Poker Face" song? me: Yeah, I hate it! noob: But it's about YOU! me: No, no it's not, now shut up. noob: "cant read mah pa-pa-pa-pa-pooooker face. pokaaa faaaace" me: Die in a fa-fa-fa fa-fa-fa-fire. noob: But how can you tell when they are bluffing or not if you cant see their face? me: sigh noob: So if you can't see the other person is poker just luck on the computer then? me: siiiiiiiiiigh Won't the sites close your account if you keep winning money? me: Why, why the hell would they? noob: They don't want to keep losing money to you. me: I'm not playing against the site, i'm playing against other people. noob: Oh theres other people playing? so how do the sites make their money then? me: YES there are other people playing goddamnit. And the sites make money because they take a cut of each pot or tournament. noob: So the house always wins? me: Yes the house always wins. noob: I knew it! How can you trust playing poker on a computer? They could be cheating you. me: The sites I play on are trustworthy and well respected. noob: But how do you really know they aren't cheating you? me: They have no reason to. They make money out of each pot regardless of who wins so why would they risk their reputation and losing customers by cheating me? noob: To make even more money. me: Well I've been playing for years and consistantly winning. If they are cheating me they're doing a pretty terrible job at it. noob: but i heard about this site called Ultimate Bet me: ......... sighhhh *facepalm* |
I've explained this in the most basic way I can. If you'd like me to elaborate or get technical I can go on to explain the more advanced concepts that ultimately turn marginal players into winning players, such as calculating pot odds, expected value (both positive and negative), implied odds, tilt, shove/fold equity, ranges based on position and so on.
But what pisses me off most is simpletons jumping to conclusions and putting poker (especially tournament poker, which is what I play) in the same category as Blackjack or Roulette.
I can't stand when people who think they know what they're talking about make comments like "Walk away with it", "But how much did you lose to win that??" and "You'll lose it all".
By Stokenut on 11/09/2010
Oh, and good job Gary. Just don't move up in stakes too quickly.
I personally don't play tournaments over $10. This helps combat variance because it's not uncommon to go for a couple dozen tournaments without even cashing.
Try to keep your bankroll at above 100 buy-ins for the level you're playing at and work up slowly.
I personally don't play tournaments over $10. This helps combat variance because it's not uncommon to go for a couple dozen tournaments without even cashing.
Try to keep your bankroll at above 100 buy-ins for the level you're playing at and work up slowly.
By JC on 11/09/2010
Lol Steve, that is a pretty epic post.
Like you, one of my mates has made a living off poker for a few months before & I do play a few sites when I feel like it. I think the most important thing people need to keep i mind about poker is just because the cards you are dealt are 'luck', the way you play them is not.
If someone asked me some of those questions above I would punch them in the face lol
Like you, one of my mates has made a living off poker for a few months before & I do play a few sites when I feel like it. I think the most important thing people need to keep i mind about poker is just because the cards you are dealt are 'luck', the way you play them is not.
If someone asked me some of those questions above I would punch them in the face lol
By Elyxiatic on 12/09/2010
Another small win.
Went all in with A5 against 9-10 in heads up.
Better mathematical chance of winning but got outdrawn.
Went all in with A5 against 9-10 in heads up.
Better mathematical chance of winning but got outdrawn.
By Jayson on 12/09/2010
Yea, there is no 'House always wins' with poker.
Played in abit for about a year, nearly won an Aussie Millions seat.
Prefer in person stuff though, not online. I play off peoples tells/looks.
Played in abit for about a year, nearly won an Aussie Millions seat.
Prefer in person stuff though, not online. I play off peoples tells/looks.
By Abmanju on 12/09/2010
| QUOTE: David @ September 11, 2010 02:59 pm) | ||
Pretty sure "sceptical" is spelt with a "k" not a "c", as in skeptical. OT: You're cheating. You're Mr.Numbers, it's not fair to the other players. |
British spelling is sceptical.
OT:
Nice work Maths, I didn't really know people lived their lives off poker =O, good way to sit at home & make money. I'm scared I'll get addicted if I try it.
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