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EvenBob
EvenBob
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September 5th, 2010 at 9:00:03 PM permalink
There, I said it. I like watching High Stakes Poker on TV, thats about it. I've tried playing it, but in the lower ranks, its pointless. You can't bluff, half the table will call you. Plus, people dress up like its Halloween. They wear hoods and sunglasses and hats pulled way down. They have scowls on their faces and stare at you like serial killers. And this is at the low low stakes tables. There is way too much luck involved in all stages of poker. You can be the best player and have the best hand right up until the last card. Just this week some amateur nub won 1mil against Daniel Nagrano because Daniel couldn't gets good cards. You can be the best player in the world and without the cards, you're toast. The math says you could hypothetically go your entire career and never get the good cards. The variance can kill you. Around 2005, Doyle Brunson was considering retiring because he hadn't won a hand in 4 months. Who needs it..
"It's not called gambling if the math is on your side."
mkl654321
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September 5th, 2010 at 9:17:29 PM permalink
Quote: EvenBob

There, I said it. I like watching High Stakes Poker on TV, thats about it. I've tried playing it, but in the lower ranks, its pointless. You can't bluff, half the table will call you. Plus, people dress up like its Halloween. They wear hoods and sunglasses and hats pulled way down. They have scowls on their faces and stare at you like serial killers. And this is at the low low stakes tables. There is way too much luck involved in all stages of poker. You can be the best player and have the best hand right up until the last card. Just this week some amateur nub won 1mil against Daniel Nagrano because Daniel couldn't gets good cards. You can be the best player in the world and without the cards, you're toast. The math says you could hypothetically go your entire career and never get the good cards. The variance can kill you. Around 2005, Doyle Brunson was considering retiring because he hadn't won a hand in 4 months. Who needs it..



To each his own. Some people can't accept the fact that poker is about 75% luck. Others are perfectly happy with the 25% skill component, and maintain that that 25% is sufficient to win. If you have a big enough bankroll, are sufficiently patient, and can handle the variance, financially AND emotionally, poker can be very lucrative.

The difference between the good player and the bad player is that the good player can stay afloat, and minimize his losses, when the cards are running bad for him. Losing $50 instead of $300 in a given hand is worth exactly as much as winning $250 in the next hand. Skilled poker is about playing bad hands, marginal hands, and hands that are beaten. It's not unlike basic strategy in blackjack, which is all about how to play the hard 13s, not the pat 20s.

Negreanu no doubt had several bad stretches during the tournament. The difference was, he survived them to get to that point. His opponent would not have. Heads-up finales are notoriously variable, and the fact of the matter is that even a relative novice will beat a pro in a high-blind competition where the stacks are relatively equal. In only takes a couple of hands to bust the pro even if he has a 3-1 chip lead.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
EvenBob
EvenBob
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September 5th, 2010 at 9:30:34 PM permalink
Quote: mkl654321

and the fact of the matter is that even a relative novice will beat a pro in a high-blind competition where the stacks are relatively equal. In only takes a couple of hands to bust the pro even if he has a 3-1 chip lead.



Thats why you see so many no name young twerps winning the tournaments, its all luck. All the money in poker is in the private games in the back rooms in Vegas and California. The pro's don't want each others money, they want Joe the Dentists 150K that he brought from Duluth. The guy will go home with a smile on his face and the story of how he lost it all to Phil Ivey. They only get on TV for the face time and for what the online poker sites are paying them. Its one step above pro wrestling, and thats a very small step..
"It's not called gambling if the math is on your side."
rudeboyoi
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September 5th, 2010 at 10:25:57 PM permalink
the reason most people get upset while losing at poker is that they expect to win when they play. when you play in the pits, you expect to lose. so when u lose its no big deal.
EvenBob
EvenBob
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September 5th, 2010 at 10:29:20 PM permalink
Quote: rudeboyoi

the reason most people get upset while losing at poker is that they expect to win when they play. when you play in the pits, you expect to lose. so when u lose its no big deal.



The only way I would expect to win is if I had a huge BR and brass balls, like Tom Dwan. But if you read his Wiki profile, he's had some very bad luck too in the last year and a half. The variance will kill you dead.
"It's not called gambling if the math is on your side."
FleaStiff
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September 5th, 2010 at 10:29:59 PM permalink
I understand that Doyle Brunson's online room is offering "bounties" for knocking the various Pro-Wrestlers out of a tournament.

Seems poker offers alot of variety:
Tournaments
Cash Games
.. Tourist fish such as Duluth dentists.
.. Tight playing Locals
.. Tight playing Locals getting blinds who just sit around waiting for a jackpot to be won.
Sometimes I wish I didn't have such an honest face.

There must be some reason why casinos still love poker players.
EvenBob
EvenBob
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September 5th, 2010 at 10:39:49 PM permalink
Quote: FleaStiff

I understand that Doyle Brunson's online room is offering "bounties" for knocking the various Pro-Wrestlers out of a tournament.

Seems poker offers alot of variety:
Tournaments
Cash Games
.. Tourist fish such as Duluth dentists.
.. Tight playing Locals
.. Tight playing Locals getting blinds who just sit around waiting for a jackpot to be won.
Sometimes I wish I didn't have such an honest face.

There must be some reason why casinos still love poker players.



From what I've read, the pro's who live in Vegas wait for the games with a big fish and they all decend like a pack of wolves. Taking each others money is pointless, they'll just give it back again next time. High Stakes Poker and the tournaments keep their faces in the spotlite and thats money in the bank for them.

I'm watching High Stakes Poker right now and Mike the Mouth just made my point. He said to have a huge giant BR is a big advantage in these games. That when Doyle and Chip Reese played in the early days and won, they did it with almost no BR.
"It's not called gambling if the math is on your side."
FleaStiff
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September 6th, 2010 at 5:16:26 AM permalink
Quote: EvenBob

the pro's who live in Vegas

I think these "pros who live in Vegas" would include all those men without any internet reputations at all who go to a poker room and play all day long every day of the week. Even retirees playing at a very low limit table are professional poker players on their own scale.

One guy sat down and commented that he was Betting in the Dark, not having looked at his cards: it was a ploy to get a few more chips into that pot in case he lucked out. The flop had two aces and when he did pick up his cards it was pocket aces! I guess players can't do that all the time but that is still a professional poker player at work.
teddys
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September 6th, 2010 at 5:36:13 AM permalink
Quote: FleaStiff

One guy sat down and commented that he was Betting in the Dark, not having looked at his cards: it was a ploy to get a few more chips into that pot in case he lucked out. The flop had two aces and when he did pick up his cards it was pocket aces! I guess players can't do that all the time but that is still a professional poker player at work.

Heh. Shades of "Maverick" (which I just saw), where Maverick won't look at his draw card and it turns out he pulled the ace for a royal flush to beat the Latino dude.

G-d I hate Hollywood gambling scenes.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Mosca
Mosca
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September 6th, 2010 at 6:39:28 AM permalink
Quote: EvenBob

There, I said it. I like watching High Stakes Poker on TV, thats about it. I've tried playing it, but in the lower ranks, its pointless. You can't bluff, half the table will call you. Plus, people dress up like its Halloween. They wear hoods and sunglasses and hats pulled way down. They have scowls on their faces and stare at you like serial killers. And this is at the low low stakes tables. There is way too much luck involved in all stages of poker. You can be the best player and have the best hand right up until the last card. Just this week some amateur nub won 1mil against Daniel Nagrano because Daniel couldn't gets good cards. You can be the best player in the world and without the cards, you're toast. The math says you could hypothetically go your entire career and never get the good cards. The variance can kill you. Around 2005, Doyle Brunson was considering retiring because he hadn't won a hand in 4 months. Who needs it..



EvenBob, let me recommend a book to you: Small Stakes Hold ’em: Winning Big with Expert Play. The entire thesis is that small stakes games among unskilled players are a different animal from high stakes games with knowledgeable players. It addresses many of the points that you bring up (players staying with nothing, being unbluffable, etc) and describes how to reduce the game to the math: Is this bet worth it, considering the pot size and my chances of winning? Now, I don't play the game, it doesn't hold my interest. But I found the book to be fascinating, and completely sensible. You stay when your odds are good, you fold when your odds are bad. By doing so, you win more than you lose.
A falling knife has no handle.
BigTip
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September 6th, 2010 at 8:13:02 AM permalink
I don't get too upset with stupid people being rewarded for stupid play. I use to, but now that I have played over a million hands from my on-line and brick and mortar play, I think I've seen it all. Nothing really surprises me now.

I do know that when I go to Vegas my variance playing poker is a lot less than playing bj and craps.

I've been at a lot of tables like the OP described with a bunch of wannabes and posers. But I've been at some fun, jovial ones too.

The odds favor that some unknown is going to win the WSOP main event. When you only have 30 or 40 "stars" playing against 7,000 "blind squirrels", chances are that one of those blind squirrels is going to luck upon an acorn. But if there was some way to identify the top 25% skilled players, I would bet them at 2-1 odds over the field. I think that know-how would over come the luck factor by that much differential.
waltomeal
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September 6th, 2010 at 10:36:44 AM permalink
Exactly!
The reason I lose at poker is because EVERYBODY ELSE sucks.
And I lose a craps because the casino cheats.
Old enough to repaint. Young enough to sell.
FleaStiff
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September 6th, 2010 at 11:13:00 AM permalink
Quote: Mosca

But I found the book to be fascinating, and completely sensible. You stay when your odds are good, you fold when your odds are bad. By doing so, you win more than you lose.

What happens when its a seven person game and everyone of them has read that book?
DJTeddyBear
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September 6th, 2010 at 1:54:45 PM permalink
Quote: waltomeal

And I lose a craps because the casino cheats.

Before we get into THAT tangent, there's a whole thread for that:
https://wizardofvegas.com/forum/off-topic/gripes/2607-casinos-dont-cheat-prove-it/
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Mosca
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September 6th, 2010 at 2:35:54 PM permalink
Quote: FleaStiff

What happens when its a seven person game and everyone of them has read that book?




It's a big enough ocean, I think. And regardless; the number of people who read advice about how to do something and then actually follow it when in the real world is astonishingly small. I'm taking the chance that EvenBob is sufficiently motivated to actually apply what he learns.
A falling knife has no handle.
Caffiend
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September 6th, 2010 at 9:17:11 PM permalink
Quote: FleaStiff

What happens when its a seven person game and everyone of them has read that book?



In that case you'd take the opposite approach. The book is conservative enough that against six people who had only read that book you'd be able to steal significant amounts of small pots. Granted it's much more boring and less profitable than a loose table.

In the general case of "everyone's read the same book" it's down to whoever makes the most mistakes. It's not unknown for poker games to go -EV when the rake/time passes the amount you can win. More common are long runs of breaking even punctuated by short bouts of winning/losing.

That's often overlooked when people talk about the serious players waiting around to fleece the easy marks. You have to have a certain amount of them in order to keep the games running.
avargov
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September 7th, 2010 at 10:31:26 AM permalink
If you have any poker skill whatsoever, go play at the Alamo in.Reno. Softest 3-6.game I have ever played. Truckers love to throw their chips in. Any discipline at all can net you 30 bucks an hour...easy
Before you diagnose yourself with depression or low self-esteem, first make sure that you are not, in fact, just surrounded by assholes." ~ William Gibson
TheJacob
TheJacob
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September 7th, 2010 at 2:26:52 PM permalink
Your posts highlights exactly what poker(or other advantage play) is really all about.

Sure you need to be very skilled to win at the highest stakes cash games, but when it comes to the mid/low stakes your average person can easily win if they take the time and effort.

They can very easily learn how to beat the games, but actually doing so is another matter entirely.
rudeboyoi
rudeboyoi
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September 7th, 2010 at 2:45:54 PM permalink
Quote: avargov

If you have any poker skill whatsoever, go play at the Alamo in.Reno. Softest 3-6.game I have ever played. Truckers love to throw their chips in. Any discipline at all can net you 30 bucks an hour...easy



a 5bet/hr winner in a game that probably costs players 2.5bets per hour in rake, not likely.
avargov
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September 7th, 2010 at 4:03:21 PM permalink
Quote: rudeboyoi

a 5bet/hr winner in a game that probably costs players 2.5bets per hour in rake, not likely.



I think you may feel otherwise if you sat at that game, I have many times an have done exceptionally well. Very captive audience of truck drivers who fancy themselves as poker pros with deep pockets. Mind you, one cannot play foolishly, but if you make one or two moves early, they really start chasing cards, and proper play cleans up. I firmly believe in the adage 'the money at the poker table will always flow from the good player to the better player'. And I have never seen a situation like the Alamo where that holds more true.
Before you diagnose yourself with depression or low self-esteem, first make sure that you are not, in fact, just surrounded by assholes." ~ William Gibson
MarieBicurie
MarieBicurie
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September 17th, 2010 at 12:49:14 AM permalink
I think another thing that has become quite common is more and more players are playing in formats that they don't fully understand. It never ceases to amaze me how few players can wrap their heads around limit hold'em. I don't think I have ever sat down at a limit game where 2 or more players haven't made an incorrectly sized bet at the incorrect time. It's not even worth talking about their strategic play.

However, my variance in poker is much more stable than in other casino games despite the ridiculous situations that occur.
RaleighCraps
RaleighCraps
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September 18th, 2010 at 1:27:58 PM permalink
Played in a home tournament game last night. Paying top 3, five players left. I am in small blind with AA. Button smooth calls, I smooth call, BB raises to 3x, Button calls, I push all in. BB thinks about it (I have both of them covered) and calls. Button now ponders it, then says he can't possibly lay it down, and also calls. Button flips KK, I show AA, and BB shows QQ. And miracle of miracles, my AA holds up which puts me in the money. Now there is a hand that never turns out that way on-line. QQ would have won that pre-flop three way showdown 80% of the time on Doyle's Room.

I suggest a new title of Online poker mostly sucks. ;-)
Always borrow money from a pessimist; They don't expect to get paid back ! Be yourself and speak your thoughts. Those who matter won't mind, and those that mind, don't matter!
MarieBicurie
MarieBicurie
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September 18th, 2010 at 2:41:17 PM permalink
I second the motion that online poker mostly sucks!
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