Topic: Post here if you don't understand some part of gambling and I'll answer (Read 1942 times)

Or he could be bluffing, either way the disadvantages of a poker sites in web browser client is that it is easy to bypass it by using few kinds of browser, someone could be having few accounts just with 1 laptop, not to mention he use another vpn to get into the tournaments too

Not all gambling site has a same House edge.  Example :
Abc Dice has 1% House Edge , XXXdice has 0.08% HE , and Xyz has 3% HE

IMO, I like to play lower HE.
But I saw even site has high HE , there are pretty much gambler around there

Actually what is the advantage & disadvantage for Player & HOUSE if the site has high House Edge ?
what is the advantage & disadvantage for Player & HOUSE if the site has lower House Edge ?

May I ask what do you do with your poker winnings like how do you put it to work? Do you invest in real estate or buying stocks or simply put everything in a bank and live off the interest?

yeah, with free rolls this is inevitable. There is always going to be these folks who are shoving most hands very early on. They either double up and can try to play more proper or just lose right away and save themselves some time. They really dont have to much to lose doing so. Again, i think you still need to make these easy calls to get through the tourney anyhow. Let the bingo monkeys play bingo

Hi, it's the first hand I played in that freeroll, it's not the final table. I thought I got lucky so I was allin with pocket Q.

One guy told me maybe that guy who called with 5Jo may have many accounts in betcoin, so he can all in with every hand. If he lost, he can log-in with other accounts to play. I think that's very reasonable explanation. And the other explanation: he is a lucky bad player, lol. 

beat me to it phildo, nice points. 

To me, thats exactly what im looking for! I want these small garbage hands to call when dominated. I understand where you are coming from, most of us have experienced these terrible beats from players making stupid moves and it somehow works out. bet there is no way to combat this, what are you gonna do fold QQ/KK Pre flop? Just take those silly bad beats for what they are, silly bad beats. Theres also alot of factors as to why they might be calling with these hands, stack sizes, positioning, a good read, money bubbles. Keep with the gameplan.

qq is going to beat j5 86% of the time, that leaves 14% of the time for you to lose. You also need to take stack sizes into account. At the final table if someone has 50 big blinds and you have 4, they probably don't care what their cards are, they aren't risking that much and the reward for knocking you out is worth the risk.

This is also my question, nowadays I have very bad luck, always bad beat by other donk calls and all-ins.

My examples:
1. once I played in betcoin, I was allin with pocket Q, the other one called with 5Jo, and he got three of Jacks, he had good luck although he is a donk call with 5Jo against my QQ.

2. there is a famous all-in guys named kevin235r, he is always all-in with every hand in freerolls in every poker house. He usually beat us with 27o against our A+X or pocket pair

So I have to play tightly when in freeroll unless I am in final cash table. A few minutes ago I had a very good hands, I was all-in with AKs, but bad beat by 45o donk call. I have nothing to complain because luck is one part of poker. 

How exactly do you deal with Donks which I mostly see in on-line poker rooms and they just don't care what hand they have and go all-in every time.

I usually wait for a hand which statistically have higher probability of winning but it doesn't works every time.

It's really nice to see ya around Micon

What events are you planning to play this year ??

a professional gambler must be winning at gambling over the long set.  Year over year.

A big budget, without regards to winning or losing over the long set, is a "high roller"

an addict with a gambling problem, no matter the stakes played, is a "degenerate"



Maybe in the "real" world, but I lived in Vegas for most of a decade, and gambling is just a regular part of life there.  When bitcoins and Seals started getting popular, most of my peers were really positive about the project.  If you live in a place with very little or no gambling, or in an area where gambling is viewed as a bad thing, I could see how they might be hatin'.  I wouldn't live in such a place, personally.



Shills aren't usually to recover the freeroll money.  Shills are usually used to make a poker room more busy, or to start cash games.  I would say about 25% of poker sites and/or poker rooms still use Shills.  They are a leftover position from a previous time in poker, and personally I don't thing it's dishonest for a poker site to use them, so long as they make it very clear what they are doing.

While I don't feel they are dishonest, I doubt I will ever have a "shill" working for SwC Poker.  A "Pro" is like a shill, except that it is presented clearly to the other players and usually it's someone that the player base likes to talk to and ask questions.  A "Pro" is more of an ambassador while a "Shill" seems more like something sneaky that is supposed to look like a regular player.

How common it is for Poker-Sites to appoint Shills who play for them in their Free-rolls/Tournaments and they make sure that Prize money gets back to the site?

What does it mean when someone says he is a professional gambler? Isn't he just an addict with a gambling problem, but a big budget to spend, a high roller?

Do you care about what other people think of you when you say you have a gambling business and have there been instances where you have been looked upon funnily or not taken seriously.

Oh, cool, we can learn a lot from the bankroll management, it's the most difficult thing in poker, without a good bankroll management, we would bankrupt easily.

I like the tournament bankroll, I never join a live tour, but I will try in the future. And I will remember the tip: “1% of bankroll.  Yup, you need 100x buy-ins to play that tournament. ”

the problem is we are playing with the system that often changed
one way only by luck 

unless you are cheating, they are not beatable. 

Ok, a corner case for everything:

Bingo has been a staple of Las Vegas for decades.  Some "bingo halls" (they are just big rooms within the mega-casinos) have progressive jackpots.  The game of bingo is horribly -EV, usually a ~15-20% hold.  This is 15x-20x greater of a hold than Primedice.  Imagine playing a game 20 times worse than dice... anyway, the progressive jackpot isn't usually high enough to swing the game from that negative to +EV.  But sometimes... I think it happened once during my time in Vegas, the usually ~10k progressive bingo jackpot swelled to over $100k.  I don't have the math handy for bingo, but a handful of advantage players said they were playing bingo that week.  So yes, even bingo can be +EV sometimes, but it's so damn rare it's likely best practice to tell everyone that bingo isn't beatable.

What about lotteries? Or bingo? Any tips or strategies? Or is it pure luck involved with these?

Haha yeah you are right about the 1000 yard stare, all them screens dont help, quiting poker was just as hard as learning to beat the games, brain went to shit for a while, couldnt work out what to do.

Cryptocurrency booming reminds me of poker, the traders seem to do alright, i did consider getting into trading but already made that mistake with poker, cant be fooled twice.  Opted for a safe business instead, might trade on the side end of next bubble.  Maybe the crypto trading best days are already over.

Good luck with thread and new site.