Liquid`Jinro Retires - Page 80

On August 07 2012 19:50 eFko wrote:
So sad to hear the non-korean legend go! But what actually made me to register and comment is the fact that I noticed that Jinro is into poker and is actually considering it as a valid "sport", or at least that is how I understood the farewell article...I want to comment just because I have been going in the exactly opposite direction...From Poker into Progaming (particularly SC2)! Why? That is exactly what I feel needs to be said...First, I want to mention that I played poker several years, quite a lot...At least 6 hours a day (sometimes longer if the coinflips went well)...I have played around 3k or 4k online tournaments and attended a lot of live events as well, with quite some success as I come from finacial industry (M.A. in Finance and Monetary Policy) and I do have a very solid mathematical and probability background...I'm an extremely hard working type of guy, with a solid hyperactivity issue and when I fall for something I tend to give it everything I can...That was the case with poker...I read incredible amounts of books, tried ridiculous amounts of strategies with one goal only. To become the best I could at Poker...Now, don't make me wrong, I did not stop playing it because I was a loser...Actually, I was rated as a shark very soon and overall I ended up in a very very solid plus, when I finally understood the game in "all its beauty"...First, I want to point at the reason WHY was poker actually invented...It's simple, it was a way for Wild-Wild West "Cowboys", who understood long term probability to make money of guys who didn't...Everyone familiar with poker knows that in some cases you can bet a sizeable amount on something, which does not happen very often, since it did not happen for insanely long amount of time and that probability of it happening is thus getting higher every turn, so it is already viable to risk...Particularly, Tom "Durrrr" Dwan's play is famous for this aspect. Actually that is how he got his nick...Duuuuuurrrr....:-D Now, to get to the point...Poker is not that hard of a game to learn...Quite the contrary, it is soooo easy....AND that is the main problem of it...If you have, let's say, 100 million active pro or half-pro players...U can expect a huge amount of this chunk to know the game very well...With extremely huge amount of poker literature u can expect almost anyone who read at least one Poker book to understand some maths and probabilities...And that's the biggest setback...With so many people knowing the game so well, it all gets down to coinflips...Well, since I could not set my goals lower than WSOP Champion, I thought extremely hard about how could anyone win WSOP...It is the biggest poker tournament with several thousand participants each year...AND believe me ALL of them know the game EXTREMELY well...So, by knowing this I got to a conclusion that in the end to win such an event you need to win at LEAST 10 (if not more) coinflip situations...NOW, run a Monte Carlo simulation to find out how often this happens (and how often this would happen to U in particular)!!!! Like if you win this, you can consider yourself being like the most luckiest person on the planet despite the "poker skill" you have! So after playing poker so much it all just got down to waiting for the conflip situations and how will they play out...I know that lotta pro's will say that they try to avoid coinflips, but that is actually all they can say...That they TRY to avoid them!...IT IS IMPOSSIBLE to avoid them the whole tournament!!! You will be forced by other players to take 'em even if you don't want to! The only other outcome is getting ripped to pieces by the pro's...

Omg...I need to stop writing...But that's just me everything as best as I can...So to wrap it up...If JINRO will be reading this, please get two books before falling entirely for poker! Both written by N.N.Taleb...1. Fooled by Randomness and 2. Black Swan...I don't want to spoil your excitement for the game, but I feel I need to let you know about this!

I wish u luck in anything you go for!

eFko

PS: Don't forget that there are plenty of new games coming out (check out MechWarrior Online for example :-P)!!! And as Richard Bach wrote in one of his books (When humanity finally recognizes that we do not need armies anymore, we will have to find a use for all those soldiers losing their jobs) What better way then locking our inbred warrior instincts into war games, which are harmless but also do not allow us to get too soft on our warrior genes.

.Everyone familiar with poker knows that in some cases you can bet a sizeable amount on something, which does not happen very often, since it did not happen for insanely long amount of time and that probability of it happening is thus getting higher every turn