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Topic: Lessons from poker - page 2. (Read 666 times)

legendary
Activity: 1792
Merit: 1283
February 27, 2019, 10:26:18 AM
#36
That's basically why I've quit playing poker, it's hard to keep up with all the latest 'trends' in the game if you're not consistently playing.
The last time I seriously played poker was about 5 years ago and I'd gotten pretty good at playing tournaments.

I'd end up at the final table pretty frequently, because I was very much interested into researching and improving on strategies that other players used.
The thing is that you really have to keep your knowledge up-to-date, I'd spend several hours per day watching other people play and improve on my own strategy.

This just became too much of a hassle in the end and I didn't enjoy playing anymore.

I'm not into sports betting for the same reason, I know what a time-sink it would be...
full member
Activity: 1498
Merit: 146
February 27, 2019, 10:06:37 AM
#35
I used to play poker and what you have said about the being not a results oriented is true. You just can't predict what other hands will have and what exactly it will be on your hand. Hearing such stories from veterans like you is very interesting.

Don't forget about bluffing on poker is one of the great strategy to make the game to turn our side but it is not going to work always.I don't really like poker because it needs time to play and lot of patience we need to keep while the players are winning.
It is also a risky strategy but if you get used to it, you're aware that chances would be higher if the other hand is scared of your moves. You shouldn't let other hands be familiar of your moves, you must be unpredictable in front of the table.
Of course bluffing too much on a poker table will make that strategy useless so we need to only use that blessing method very less often and at the right time to scare opponents on that table. But there is no strategy we can practice to give us win.
jr. member
Activity: 36
Merit: 8
February 27, 2019, 09:52:43 AM
#34
Maybe he was trying to say that the op is not a pro gambler because he is depending on his algorithms or methods/strategies  .  pro gamblers are already aware that there are no working strategies because gambling only based on luck   .   if they lucky they win and they save thier winnings  , they use their winnings on other profitable and less riskier activities but they play still gambling on other times  .

Poker is more like trading. You need to cut losses and know when to pass even if you already put tones of money on table. Here strategy might work because you don't play against casino where you have 47% probability of winning where casino has 53% (roulette example). In poker, you play against another player. Before looking into cards you and your opponents has exact the same probability of winning and this probability changes after each card you see. With bad cards you have low probability of winning that's why you should cut losses. And that's strategy that would work in poker.

This raises a bigger philosophical question of what exactly is gambling.

It could be argued that when I was playing poker full-time, I wasn't really gambling. Sure, luck impacted whether or not I won on any particular day, but I played several million hands over a few years, and I had enough data to predict very accurately how much money I would make over, say, a period of 100,000 hands.

Equally, if you play slots, are you really gambling when you know the payout is 94% (or whatever). Is it gambling when in the long-run you will lose all your money (if you were to gamble into infinity).

Once you introduce certainty into a game (which you do the more you play it) does it cease to become gambling?
member
Activity: 616
Merit: 30
February 27, 2019, 08:36:16 AM
#33
Good for you to have been able to play full time and earn some money.
There are many aspiring full time players around here that wish they were in your shoes.
I only like to play poker for fun with friends because I cant trust online poker.
With sports it is very different since the chances are 50% to 50%.


Agreed on this because we can only use our skills in Actual plaing i mean physical poker playing as we can read the emotions and body language of our opponents not like in Online when we only dealing with computers.i love playing poker also with friends that ee do mostly in wakes if family members died or on some special occasions when we have time meeting each other’s with longer amount of time
hero member
Activity: 3150
Merit: 937
February 27, 2019, 07:53:30 AM
#32
Not to be result oriented is the most difficult part. Grin
For me,the 2 most important tips about playing poker are:
1.Be unpredictable.Don't follow a strategy.If you follow a pattern,other players will "read" your game.
2.Be patient as f*ck.The lack of patience will break your game.
full member
Activity: 2128
Merit: 180
February 27, 2019, 06:53:24 AM
#31
Have been on gambling and gambling investment but have not seen poker easy as most of those gamblers said. Poker is the hardest of all gambling casinos games.
That’s why you skills is important in this game, its not easy to play agains old gamblers they know better for sure and if they see you as a newbie for sure they will play their best to beat you. Poker is a good game, its more on skills and just a small luck.
hero member
Activity: 2660
Merit: 551
February 27, 2019, 06:48:45 AM
#30
Yep you're right, I remember back in the mid 2000's, I have a lot of friends who did play poker like you do and earn a lot of money. Some of the started to play really good because I see some of their names in the poker list as well. Again, basically what you have said is true, specially the ups and downs, poker players needs to learn that not everyday is a winning day. You need to learn how to play if you had bad days and take advantage if you're really on a streak.
legendary
Activity: 3346
Merit: 1914
Shuffle.com
February 27, 2019, 06:29:21 AM
#29
football betting or sports gambling in general is more easier and more predictabe than a poker or card based game  .  so how can you say that no all gamblers became succesful in betting on football matches ?
I disagree sports betting can be predictable but it's not easy to win. I think maydna's confused or just misread the first post, OP didn't move from sports betting to poker.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.
For starters it can be difficult but once you memorize the combinations it's not that complicated to play and win.
legendary
Activity: 2030
Merit: 1028
February 27, 2019, 06:27:34 AM
#28
But if you can gamble strategicaly, you can win just like Dan Bilzerian and live like him.
The matter only how far your guts and hope the luck meet you at your decision making.

Yes, it's complex thing but it's possible !
legendary
Activity: 2156
Merit: 1622
February 27, 2019, 06:11:09 AM
#27

When we do talk about probabilities then these card games do really have it and comparing it to other games like luck-based ones isnt really right at all.
Experience and skills is needed with this kind of game but overall these factors wont work out if luck wont be on your side.Therefore, all these 3 things will needed along the way.

Thats why Poker is similar to trading. You never know when big player will come and push price untechnical or when bad/good news will appear. You may have bad luck 9 times out of 10 and still earn if you know how to do money mangement well. Same with poker. You can have bad cards 9 out of 10 times and pass lossing small portion of money and then with one good set put yourself into profit.

Poker need experience, skill, big balls and on the fourth position luck.
full member
Activity: 1750
Merit: 118
February 27, 2019, 05:54:42 AM
#26
How can I say that you are a pro gambler? You are stating by yourself on this:

Quote
For a couple of years, I had a lot of success betting on football from very obscure leagues. I had an algorithm which was great at spotting games where bookmakers had not priced up correctly.
What? I don't see any thing on that quote which supports your statement. OP mentioned that he became successful on sports betting and not on poker. Nah, nevermind.

He said:
Quote
For a couple of years, I had a lot of success betting on football from very obscure leagues

By saying that, I only think that he is a pro gambler because not many of us can get a lot of success betting on football Grin

Perhaps, if he still stays with the betting on football and doesn't move to a poker game, he could get more money because he has much experience in that game. I only think that he wants to try with a new game and he choose a poker game.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.

football betting or sports gambling in general is more easier and more predictabe than a poker or card based game  .  so how can you say that no all gamblers became succesful in betting on football matches ? yes poker game is more difficult but it is also verry rewarding once you already grasp it .  you can earn more fast and huge income but its also enjoyable at the same time when compare to football betting or sports gambling .
hero member
Activity: 2912
Merit: 556
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February 27, 2019, 05:44:43 AM
#25
How can I say that you are a pro gambler? You are stating by yourself on this:

Quote
For a couple of years, I had a lot of success betting on football from very obscure leagues. I had an algorithm which was great at spotting games where bookmakers had not priced up correctly.
What? I don't see any thing on that quote which supports your statement. OP mentioned that he became successful on sports betting and not on poker. Nah, nevermind.

He said:
Quote
For a couple of years, I had a lot of success betting on football from very obscure leagues

By saying that, I only think that he is a pro gambler because not many of us can get a lot of success betting on football Grin

Perhaps, if he still stays with the betting on football and doesn't move to a poker game, he could get more money because he has much experience in that game. I only think that he wants to try with a new game and he choose a poker game.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.
legendary
Activity: 3346
Merit: 1914
Shuffle.com
February 27, 2019, 04:57:07 AM
#24
I've played poker (promo tournaments) a few times since then I haven't played it again but I have been betting on sports for more than a year now. Well said on the three things that you've used from your poker days. I can relate since i've experienced winning bets that shouldn't have won due to a huge disadvantage.

What? I don't see any thing on that quote which supports your statement. OP mentioned that he became successful on sports betting and not on poker. Nah, nevermind.
It could mean one of the two or both. On the first part OP did say that he was gaining success on poker but eventually moved to sports betting.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
February 27, 2019, 02:31:07 AM
#23
Those are some good points on poker but as you said unless your opponents don't have that knowledge too. I have seen pokerstars in Tv and I have seen fortune to favour the bolds, I have seen some guy bluffing in texas holdem with two letters of 3-s and the opponent which would have won if he had call did fold.
member
Activity: 574
Merit: 55
February 27, 2019, 01:33:04 AM
#22
Most of people can see poker as a chance game. But in my opinion, poker is a strategy game in which only experienced wolves win. If you have watched Poker for many years, have taken lessons from the masters and have examined your competitors in detail, you can easily beat the average players.
jr. member
Activity: 244
Merit: 3
February 27, 2019, 01:22:12 AM
#21
Have been on gambling and gambling investment but have not seen poker easy as most of those gamblers said. Poker is the hardest of all gambling casinos games.
sr. member
Activity: 1512
Merit: 316
February 27, 2019, 12:08:06 AM
#20
Thank you for an interesting and informative post. Poker has got to be one of the most popular and challenging games out there, especially because it is just as much a game of skill as it is a game of luck.

It is one of the game where your strategy comes into play and more experienced person you are it can become advantage as you may be able to clinch the tricks used to play and act accordingly. Also more than luck here the way you manage to play is vital.
hero member
Activity: 2884
Merit: 579
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February 26, 2019, 11:49:00 PM
#19
I used to play poker and what you have said about the being not a results oriented is true. You just can't predict what other hands will have and what exactly it will be on your hand. Hearing such stories from veterans like you is very interesting.

Don't forget about bluffing on poker is one of the great strategy to make the game to turn our side but it is not going to work always.I don't really like poker because it needs time to play and lot of patience we need to keep while the players are winning.
It is also a risky strategy but if you get used to it, you're aware that chances would be higher if the other hand is scared of your moves. You shouldn't let other hands be familiar of your moves, you must be unpredictable in front of the table.
full member
Activity: 961
Merit: 110
SweetBet.com
February 26, 2019, 08:00:20 PM
#18
Thank you for an interesting and informative post. Poker has got to be one of the most popular and challenging games out there, especially because it is just as much a game of skill as it is a game of luck.
full member
Activity: 686
Merit: 108
February 26, 2019, 06:38:32 PM
#17
Poker for me is good where you can risk your money here in crypto like that's base in your strategy and you will learn in this again in again everytime you play so to become better in this like you don't want to lose then risk only little by little until you learn all about different strategy in this or play Poker in offline first like in appstore then apply that here,Moreover try all different gambling site like casino,dice site and more like find where you often win or suit to your luck and strategy
Yes, this is a game of strategies and doing your best just to deceive your opponents. Its also risky especially if you don’t know what to do during the pressure moment. If you are not confident about your poker skills, then look for some gambling games which is based on pure luck.
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