EPT
Poker, i got a [Q]
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YPang
United States4024 Posts
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meeple
Canada10211 Posts
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madnessman
United States1581 Posts
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YPang
United States4024 Posts
On December 03 2009 00:20 meeple wrote: There's always losers when you play, its just that because of poker's massive popularity, there's lots of winners that brag about making alot of money. For any one of those people there are several people who have lost alot of money through poker. I wouldn't get sucked into poker as a money-making scheme. If you like it, do it for entertainment but don't set your expectations too high. I plan to make an acconut at like pokerstars or w/e, /w/e site that gives you free $50 to play around. and just use that to seee how i like it. | ||
Liquid`Drone
Norway28620 Posts
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naonao
United States847 Posts
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7mk
Germany10157 Posts
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Cloud
Sexico5880 Posts
I didn't have any expectations money-wise for it. But well, I guess I can understand how a D newbie can't find iccup fun. I'll try playing more this weekend and if I go down to $20-30 I'll prolly quit +.+ | ||
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pangshai
Chinatown5333 Posts
On December 03 2009 00:25 naonao wrote: Poker is different in that the odds aren't stacked against you. You are trying to outplay other people and take their money as oppossed to trying to take money from the house with odds that are against you. In order to make money you just have to play better than most of the people you play against. yup this is basically it. in any other game, like blackjack or roulette, you're playing against the house, and these games are made in a way ie there's a mathematical model that is employed, to ensure that the odds of the house winning is always higher. so while you might go away from a blackjack table with more munny than you came with, in the long run, after a statistically significant number of hands have been played, you'll definitely be down by a certain percentage that can be calculated. | ||
KwarK
United States42413 Posts
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niteReloaded
Croatia5281 Posts
I'm trying to think of the simplest possible analogy to explain the short term luck.... Imagine you have a chance to play a game where some guy throws a dice(6 sides) and offers you 7:1 odds if you guess right. You would want to play that game whenever you can. The only rules you would need to follow would be not risk going broke by putting a significant part of your entire bankroll on one bet, because it's the ONLY way you could lose in this kind of game. For example, a dumb person who has $100 altogether would bet all those $100 on one throw of the dice. If he loses, he lost everything. A smart person would bet $1 on each throw. This person would almost never lose such a game(you calculate the odds). So, it's easy to notice here that the short term luck can make you lose, but in the long term, you will be a huge winner, because the odds are constantly in your favour. Poker is about recognizing "how many sides the dice has" and what odds you are getting, so there's also that component that can cause you to lose, but the shortterm luck component is pretty much the same as in the first example. | ||
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Epicfailguy
Norway893 Posts
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Athos
United States2484 Posts
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HwangjaeTerran
Finland5967 Posts
On December 03 2009 02:17 Epicfailguy wrote: If you wanna make some money on poker, I believe the $5.40 double or nothings at pokerstars is the way to go, they're pretty easy to win by playing tight and just surviving...Since they're so slow it should be really easy to play like 4 at the same time. This, they don´t last too long so you wont get bored like I do at tables and such. If you don´t play that much I think you should play tournaments, I just started at pokerstars (played for a few years on other sites) and went + 50 $ from my first tournament, it gets so exciting when you get near the big money  But yeah that´s just me, I don´t play that much a few tournaments every now and then. And at low money games there is so much complete newbs that if you concentrate you can make some money. I win some even while watching kung fu movies at the same time lol. | ||
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Hypnosis
United States2061 Posts
On December 03 2009 02:25 Athos wrote: Been playing poker for the last week and the biggest thing I've noticed is the variance involved. At one point I'm up to 30 bucks (My initial deposit was 20) however I'm back to $23 now. I'm having a lot more fun/success playing sit and go, although that will probably be the death of me because of the high variance involved. At least with sit and goes, you can set a clear goal of finishing in the top 3, so it's easier to concentrate than playing for money. Just dont sucked into low stakes ring games, that is where you lose it all. I have been playing for a while now and what i notice is that I only lose my money when im A) High as fuck B) playing ring games C) Tired as fuck I went from a giant downswing (was down to 90 cents and got back up to 65$) then lost it all AGAIN because i was playing ring games while i was high and tired. Play in your right state of mind and choose the game you play carefully while still varying your play from tournys to sit and gos to heads up and if you play ring games make SURE you have a good bankroll. | ||
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endy
Switzerland8970 Posts
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CharlieMurphy
United States22895 Posts
On December 03 2009 01:12 niteReloaded wrote: Kwark knows. I'm trying to think of the simplest possible analogy to explain the short term luck.... Imagine you have a chance to play a game where some guy throws a dice(6 sides) and offers you 7:1 odds if you guess right. You would want to play that game whenever you can. The only rules you would need to follow would be not risk going broke by putting a significant part of your entire bankroll on one bet, because it's the ONLY way you could lose in this kind of game. For example, a dumb person who has $100 altogether would bet all those $100 on one throw of the dice. If he loses, he lost everything. A smart person would bet $1 on each throw. This person would almost never lose such a game(you calculate the odds). So, it's easy to notice here that the short term luck can make you lose, but in the long term, you will be a huge winner, because the odds are constantly in your favour. Poker is about recognizing "how many sides the dice has" and what odds you are getting, so there's also that component that can cause you to lose, but the shortterm luck component is pretty much the same as in the first example. furthering this analogy about the dice. Now imagine that every roll you lose 10 cents to a 3rd party. Even considering how easy this game is (if you are good in poker) imagine how long it takes to make noticeable profit. | ||
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Luddite
United States2315 Posts
On December 03 2009 00:17 YPang wrote: This is a real fast question thats not making sense to me. Poker is a gambling game, but so is black jack and other card games. But they say poker is the best to get money compared to the others. This part i don't know why, because if everyone says its easy to make money from poker, then whose losing it? I might want to try it, and perhaps make a few bucks in college this way. It's actually quite difficult to make money from it lol. At least, more than like $1.00/hour on average. | ||
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Marradron
Netherlands1586 Posts
While pokering 2 months i averaged 1.3 dollar an hour. Don't expect big money. | ||
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YPang
United States4024 Posts
On December 03 2009 07:25 Marradron wrote: While pokering 2 months i averaged 1.3 dollar an hour. Don't expect big money. damn xD, i should just get a job. | ||
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