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PostPosted: Wed May 21, 2008 11:49 am 
PHD From Del Rey University!
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I believe BK told me that he is just running 2/5NL right now but would like to open a 1/2NL table. They are playing everyday at Clarion and it looks like the problems you detailed are not an issue.

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PostPosted: Wed May 21, 2008 5:59 pm 
PHD From Del Rey University!
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Our daily game is a liively 2/5 NL game. There is one bigger game that is a 5/10 rotation game. Games can play very differently. A low buy in 1/2 vs a hot 1/2 can be night and day. The consensus is that an active 2/5 game like ours can produce 2.5 to 5k monthly for a solid player. The appropriate bankroll is probably 5k dedicated just for poker to cover the swings.

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PostPosted: Sun May 25, 2008 3:56 am 
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Played today in the game and have to brag because for the first time in my life, I won money at poker!

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PostPosted: Sun May 25, 2008 10:51 am 
I can do CR without a wingman!
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As poker has become more and more popular, more people are trying to make a living at it. I did it for 16 years. Those who are successful l(not tournament but live games), for a short time, i.e. less than 7years, I would say are not making a “living” out of it. They may do well for a short time, but as BK knows, real success comes over time, not like some of these one hit wonders back here in the States. Making a living playing poker is a grind, grind, grind proposition and I would not have traded it for the world. As Count Dante stated, his buddies were making a killing. In the short run anything is possible. I’m glad they won, but year in and year out is the true mark of success. Why? Because too many of the one hit wonders haven’t experienced that inevitable downturn and what the hell is going on feeling where absolutely NOTHING goes right regardless of how well you play. Self doubt creeps in, and it can become a monster if you let it. It’s glamorous when your winning most of the time but it’s the feeling of guts spilled on the rocks feeling when your not.

The NL they play now at 1-2, 1-3, and 2-5 limits now, in my and only my humble opinion, is not really no limit poker in its real form. I ain’t knocking it really but simply say that it’s not my cup of tea at limits where bluffing is taken away because of the low limit I know I’m an old fart from the old school, but that’s the way I see it. It is a variant, but not the real thing. Why? Because at these low enter the pot amounts you are taking away one of the true weapons of NL, and that is the bluff. Almost everyone can call 5 or 10 dollars and all too often do. It is designed to let people in cheaply. A real no limit game such as 25-25-50 , allows a true bluff possibility for the $100, not$7. This is NOT to malign the smaller game at all. It is just that when a game like 1-2 or 2-5 takes away a major tool of a good player, then IN MY OPINION, that game is not true NL as it was designed. It is a game designed for the masses and that is a good thing.

Mad German says he has played about 10 times and come away a winner each time. That’s great, but call me in 5 years after playing about 150 times a year and let me know then. No offense at all sir, keep up the good work. But unfortunately, as BK can probably tell you, it’s a very tough way to make an easy living. I could not do it today at anywhere near the pace I did in my younger days. Today, I marvel at all the hotshots and one month wonders who try to impress with because they got lucky for a short time and ain’t afraid to let you know. I have seen almost every king of beat at the poker table known to mankind, and yet even today I chuckle to myself when a new way to lose comes up. Today, so much of the game, especially in the lower limits is really gambling, that is, throw the chips in and I’ll see you at the river. It creates some HUGE pots based on gambling, not well played hands. Again it takes away a major weapon, bluffing, ESPECIALLY in lower limit games, i.e., 3-6, 4-8, 8-16. But often it is a crap shoot since 5 or 6 people per pot are playing low percentage cards and winning with them.

I was VERY fortunate to have made and saved enough during that time to buy some property for my retirement and pay cash for it with my winnings. I still play once or twice a week, but at nowhere near the pace I did when younger. I’m just a grumpy, crusty 61 yr old fart now who sits back and enjoys my remaining time in this life. I will NEVER give up poker playing as I really enjoy the comraderie and the stories from all over. I really don’t believe in bad beats. I do believe in very unusual runs of cards. In truth, no one REALLY wants to hear them, since we have all had them laid on us at one time or another. Deal with them and move on, they’re inevitable. My playing time is now limited to 4 or 5 hour sessions once or twice a week and I love it. Making a real living where you thrive at poker, is VERY VERY tough. Because of the rake (increasing all the time), the tips, and a low enough limit to let too many people into the hand too cheaply, it has become even more difficult to make a living at it, especially in the limits under 15-30. Can it be done? I’m sure someone knows someone who does it, but it sure has to take lots and lots and lots of hours of grinding at the lower limits.

I’m sure many will chime in and that’s fine. But most players are RECREATIONAL players and that’s very good. But making a living at it, ain’t all it’s cracked up to be. I wouldn’t have traded it for anything but there were the inevitable hard times when nothing went right and that’s when I had to dig in extra hard. I often questioned my sanity at why I was putting myself through this, and the answer was not always easily forthcoming. Would I do it again?. YOUR DAMN STRAIGHT I WOULD !! But as I said before, it’s a very tough way to make an easy living. Chime in and fire away….

3P

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PostPosted: Sun May 25, 2008 11:05 am 
PHD From Del Rey University!
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The NL they play now at 1-2, 1-3, and 2-5 limits now, in my and only my humble opinion, is not really no limit poker in its real form. I ain’t knocking it really but simply say that it’s not my cup of tea at limits where bluffing is taken away because of the low limit I know I’m an old fart from the old school, but that’s the way I see it. It is a variant, but not the real thing. Why? Because at these low enter the pot amounts you are taking away one of the true weapons of NL, and that is the bluff. Almost everyone can call 5 or 10 dollars and all too often do. It is designed to let people in cheaply. A real no limit game such as 25-25-50 , allows a true bluff possibility for the $100, not$7.


Help a neophyte out here. If the blind is $5 but the "bluffer" wants to make it $100 to see a flop how does the low blind stop him? Yeah, everybody could limp in if you let them. Just trying to understand the game...

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"Your love gives me such a thrill
but your love don't pay my bills,
I NEED THE MONEY!" - John Lee Hooker

Disclaimer: The above is merely the opinion of the author unless specific scientific data is included.
Your mileage may vary. https://costaricaticas.com/phpBB2/viewto ... 978#206978

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PostPosted: Sun May 25, 2008 11:27 am 
I can do CR without a wingman!
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Help a neophyte out here. If the blind is $5 but the "bluffer" wants to make it $100 to see a flop how does the low blind stop him? Yeah, everybody could limp in if you let them. Just trying to understand the game...


Hi Pac,

Because Pac, you are risking $100 to win $7, if someone calls and you get caught and subsequently beat ( a high likelyhood IF you are bluffing AND he calls and since you DON'T have the goods and he most likely does since he just called a LARGE bet, you just blew $100), the risk vs reward is not justified. That is not say it doesn't happen, but it's not justified for the potential reward. It's like betting on the Preakness with Big Brown at 1 to 5 odds. You have to bet 100 to win 20, or 2 to win 2.40, etc.

Imagine this Pac. If you invested $100 and your payback was $7 a year. It would take you 14½ yrs to recoup your investment. Is that a good return? I don't think so. Hope this helps.

3P

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Being 'over the hill' is damn sure better than being under it!
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PostPosted: Sun May 25, 2008 12:39 pm 
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billygoat ..very nice post and being a gambler i know you have plenty of experince with poker ...i have been a sports gambler ,casino gambler (sucker) and played plenty in home card games , before the hold em craze started the home game was ,guts ,7/27, 7 card and follow the queen bullshit. I would play with 6 to 7 guys not wondering if i would win but how much ..as they would come drunk,high and just chase very hand ..easy pickings for me. But now living in florida we have holdem everywhere if you want to gamble here it is...24 /7 but as you say if you are playing for a living ..you must grind it out ,the guy who said he has won every time will never post that now he has lost 4 times and will say " how could that guy call with that hand" the beats happen to all of us ..and if you want to gamble for a living ..i feel the only game you "might" be able to do it is hold em but you will need deep pockets and many different places to play ...if there are only a few games for you to play at 1. you will get sick of the same players , 2 if you are playing with the same people and are beating them ...they will run out of money ...3. games break up all the time (if you are counting on home games ) 4. a place like vegas or cali are great with so many games ...i dont know for sure but my guess is in san jose not many games to play (or ones you would feel safe in ) you said you were a old fart ...and this line rings the most true for 99% of all gamblers 'THERE ARE 2 TYPES OF GAMBLERS ...LOSERS AND LIARS "


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PostPosted: Sun May 25, 2008 12:56 pm 
I can do CR without a wingman!
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Chili,

Fortunately, I am not a loser nor a liar as I really have no one to impress. It is what it is. I am originally an old stud player (a more scientific and boring game for sure) and switch to hold-em because stud in large part has faded from the scene. It is definitely more boring (stud), but a lot more predictable. Hold-em today is more of the old west shoot-em up style while stud was more the calculating sniper type of game. Hold-em, when played for a living and played correctly is still calculating, but it still relies on more gambling luck than stud ever did or will. In either game, luck is a factor ESPECIALLY in the short run. Stud minimizes luck it and hold-em is more freestyle, BUT, over time, patience and proper application of principles and reading people will prevail over free swinging.

3P

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CR LOS or PI Come horny, Leave Happy
Being 'over the hill' is damn sure better than being under it!
I was always taught to respect my elders, but it keeps getting harder to find one.


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PostPosted: Sun May 25, 2008 1:11 pm 
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billy ...as i said 99% fall into that area , here in florida they try to get a stud game going and it just sits open all day ,only the old timers are even interested in it ...we still only have 100 buy in tables but the 2-5 no limit pots get going pretty good with pots over 1000 happing more than one would think ..i love playing and i only take 200.00 and no atm card so the most i can lose in a day is 200.00 i have walked out with 1800.00 but the moon was lined up with the stars that day ...we have guys that play that could give a rats ass about money and i have seen guys re-buy for 100 over 10 times at the same table ...yes lose money is here ...but to make it your job and put up with all the crying and bull shit ...no way for me ..


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