Poker / Gambling


Poker / Gambling17 Feb 2006 10:24 am

I’m putting together a trip to Foxwoods on to the Foxwoods New England Poker Classic on April 6-10 for anyone that is interested.

I have done an estimate - Transportation to Connecticut with a 3 night stay - ~$250/person (based on 4 people coming). You’d need to take that Friday off work/etc, and we could get in to watch the televised main event final table ($10k buyin) on Sunday.

Let me know ASAP. I’m sure there would be lots of smaller tourneys and cash games running all weekend there as well.

Poker / Gambling and General Issues02 Feb 2006 10:10 am

You know, it’s hard for me to say Poker is a hobby for me. It’s not that I’m always playing it, or I’m losing or winning a lot of money at it. In fact, it’s probably the opposite. I rarely get to play recently - a product of work and school and laziness. And I never play for any amount of money - more for the fun of playing.

The thing that I feel makes Poker MORE than a hobby for me is my fascination with it. And this fascination has led to a realization - something that’s been tickling me for a long time, and I still can’t get my head around it properly;

Poker is a game where your skill shows up in long term results.

I’ve been really having a good think about this for a while. When talking poker, you can never consider 1 session, not 5 sessions, and you can mabye think about starting at 100. We’re talking long term expectation value, not short term wins.

And that’s something I have trouble with. A good poker player needs to go through HORRIBLE rough patches and know that his or her game is solid, and that in the long run, probability will win out. I can’t. I get ugly.

I was watching the final 2 tables of the 2005 World Series Tournament of Champions - possibly one of the most exciting poker clashes I’ve ever seen. It’s also the most odds-beating session of poker ever compiled. There are SO many suck-outs that happen, it’s uncanny. I think watching it I really learned something. Perhaps even cemented it.

Our fickle lady ‘Math’ tells us that 55 Vs AKu push IS the winning play. It’s just not going to win all of the time. Or even 1 in 10. Mabye not 10 in 100. But over infinity, well, now we’re talking! We’d definately approach 55%

The trouble with what I’m telling you is this - I’m not a good enough player to run with the whole concept. Besides, I have a lot of HUGE holes in my game, most of which I can identify - but cannot plug up. I play emotionally, not robotically.

I still can’t simply smile when my nut flop loses an all-in push to a 3-outer. Even though I understand somewhere 10^8 more 55% vs 45% draws will show that 10% deviance in the long run, when I drop 5 coin flips in a game, my tilt light starts to flicker. The money starts going into the pot on stupid draws figuring the cards owe me money.

But they don’t owe anyone anything. They’re just cards.

To succeed at this fickle game, you have to learn to walk away broke, smiling, and knowing you made the right move. Sometime, before the universe contracts, that very same draw that busted you WILL even out. And lordy, that’s the hard part.

Ladyfingers : You raised tens on a lousy three-flush?
The Man : That’s what it’s all about, isn’t it? Making the wrong move at the right time.
- Stolen from Harrington, and in turn from The Cincinatti Kid

Poker / Gambling and American Issues and General Issues28 Oct 2005 12:47 am

Late night but I have a hot post coming for you tomorrow. With all the hype about the big 6-49 jackpot I did some odds on Maple. Nothing too surprising, but when was the last time someone did a complete treatise on lotto odds?

Probably today. But still, they’re MY odds. And they don’t quite agree with ALC (gasp!).

And hey, Miers is gone - Rob is 100% right. There will be no more middle of the roaders - only hardline right or left nominations after this mess.

Poker / Gambling03 Oct 2005 02:20 pm

You know it’s really no secret. Everyone knows it.

You need to be able to make the most profitable plays at the most profitable times.

But the problem that I suffer from is letting emotion or chance into the equation. Someone takes a big stack of your cash on hail mary bad beat, that next hand you are betting hard at them with 3rd pair, or pushing in on nothing.

This is where you, loyal readers can begin to become a better poker player than me. I rarely am able to muster the restraint not to react emotionally in a game dominated by statistics. And I realize it.

I suppose that makes a very large fool.

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