Poker, worth the time?
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Ronhrin
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PostPosted: Fri, 17th Oct 2008 14:09    Post subject: Poker, worth the time?
Poker is gambling, with this in mind, how come there are so many people claiming to make a nice income out of it, and I'm not talking about those scam sites, even two days ago when I went to my father-in-law birthday, the subject came up and one of my wife's cousin's claiming he made well over €200 every week playing multitable online poker, and all this with a small initial investement of €70, he was claiming also that he was no poker expert, he just happened to use some poker calculator which gave him a very nice idea of which hand to fold, or raise. He also claimed that he never loss more than what he won, and even in bad days, he will always have a profit, as small as it was, his main argument was that since poker is played against humans and not against a casino, makes poker not qualify exactly as gambling but more like a business investement where you choose when it's good to invest or not.

now I ask, was he full of bullshit, or there is actually a chance that he was being truthful?
if so, he got me interested in the subject.
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LanceBullet




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Location: UK manchester
PostPosted: Fri, 17th Oct 2008 14:25    Post subject:
Always wanted to learn tbh..

Certainly possible to achieve consistency because you get the same winners in big tournaments..

I guess the principle of winning is based on your decision to play a hand, which should be dictated by the probability of success for your particular hand, so even though you can't talk in absolutes, you can dictate success or failure over an average..


Last edited by LanceBullet on Fri, 17th Oct 2008 14:26; edited 1 time in total
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oxyeL




Posts: 7152

PostPosted: Fri, 17th Oct 2008 14:25    Post subject:
Obviously there will be more people bragging about their winnings than people who're not ashamed of admitting that they just lost their car in gambling - that gives the false picture that everybody win.
Poker is gambling and unless you're some master, can't be seen as a source of profit.
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Ronhrin
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PostPosted: Fri, 17th Oct 2008 15:08    Post subject:
mark322 wrote:
Obviously there will be more people bragging about their winnings than people who're not ashamed of admitting that they just lost their car in gambling - that gives the false picture that everybody win.
Poker is gambling and unless you're some master, can't be seen as a source of profit.


that's my point exactly, it's impossible for everybody to win, from what I understand, in poker basicly everytime a person wons, that person collects the money of everyone else who invested on the same pot, which means that if everybody won evertytime, everybody would stay exactly with the same money than they had initially.
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LanceBullet




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Location: UK manchester
PostPosted: Fri, 17th Oct 2008 15:17    Post subject:
Doesn't mean it's down to luck though, it's definitely a complicated but achievable skill..

The smart losers would not have added to the pot, so would only have lost the nominal initial stake?
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Ronhrin
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PostPosted: Fri, 17th Oct 2008 15:26    Post subject:
so, where does this Poker Calculator stuff comes in? the only ones I know about are Holdem Indicator and Tournament Indicator, probably cause they are the most "comercial" ones, never played poker, never used one calculator, but, do these progs really make the difference in winning poker players?


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Lathieza




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PostPosted: Fri, 17th Oct 2008 15:39    Post subject:
it is possible ... i can put a whole text here but i just don't
Friend of mine is doing the same thing ... and i saw his pokeraccounts with over 70.000 dollar !!

It just a system what you can play ... but its boring like hell in the beginning and its also hard to do cause you cant let any emotions take over.


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dingo_d
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PostPosted: Fri, 17th Oct 2008 15:42    Post subject:
Yep I know some ppl who are earning a decent money by playing poker online. It just takes some luck and patience...


"Quantum mechanics is actually, contrary to it's reputation, unbeliveably simple, once you take the physics out."
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thats true you know. newton didnt discover gravity. the apple told him about it, and then he killed it. the core was never found.

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Ronhrin
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PostPosted: Fri, 17th Oct 2008 15:42    Post subject:
Lathieza wrote:
it is possible ... i can put a whole text here but i just don't
Friend of mine is doing the same thing ... and i saw his pokeraccounts with over 70.000 dollar !!

It just a system what you can play ... but its boring like hell in the beginning and its also hard to do cause you cant let any emotions take over.


any particular strategy or system?
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Lathieza




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PostPosted: Fri, 17th Oct 2008 16:22    Post subject:
look for pokerprofessor and if you play by their system you even get up to 150 dollar free for play. It will work if you stick to it but its kinda hard cause of the emotions in game Wink


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SycoShaman
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PostPosted: Fri, 17th Oct 2008 16:57    Post subject:
yeah, my buddy makes a decent amount of extra cash playing poker. not online tho.
poker is a fun game, well depending on what kinda poker you play.

we usually play it after a nite of partying. go to someones house and play some cards.

btw, there are free poker sites that teach you how to play and it doesnt cost money or anything.


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tainted4ever
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PostPosted: Fri, 17th Oct 2008 18:23    Post subject:
There are better ways of making money online ($200/week) if you're intent enough, without wasting time and money on poker. One thing I can think of off the top of my head: answer questions on yahoo answers with affiliate links. For example, someone asks about home insurance. You type him up an answer and give him an affiliate link going to a free home insurance quote offer, such as this one:

http://quotewizard.com/index.cfm?openaction=home

He signs up, you get an $11 commission. Some offers pay up to $38 (such as free weight loss tea trial). So, there is money to be had there... and once you amass enough capital, maybe then you could start experimenting with PPC advertising, or blog farming etc etc... Smile

That's just one idea. I'm sure you could come up with more if you actually think about it.


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Ronhrin
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PostPosted: Fri, 17th Oct 2008 18:32    Post subject:
tainted4ever wrote:
There are better ways of making money online ($200/week) if you're intent enough, without wasting time and money on poker. One thing I can think of off the top of my head: answer questions on yahoo answers with affiliate links. For example, someone asks about home insurance. You type him up an answer and give him an affiliate link going to a free home insurance quote offer, such as this one:

http://quotewizard.com/index.cfm?openaction=home

He signs up, you get an $11 commission. Some offers pay up to $38 (such as free weight loss tea trial). So, there is money to be had there... and once you amass enough capital, maybe then you could start experimenting with PPC advertising, or blog farming etc etc... Smile

That's just one idea. I'm sure you could come up with more if you actually think about it.


worth checking out. thanks


Lathieza wrote:
look for pokerprofessor and if you play by their system you even get up to 150 dollar free for play. It will work if you stick to it but its kinda hard cause of the emotions in game Wink



checked that site, answered the quiz, but one thing I can't figure it out is this, they just give you $150 out of the blue?

you don't even need to make a deposit!, I mean what's their gain with it?, and how can they prevent someone with exploit intentions having multiple acounts and cashing in the $150 several times? all you have to give them is the phone number, I'm sure that if everyone has 3 or 4 service cards, (which many people have), they can exploit it, and then keep on buying new cards until eventually, they are caught and banned in some way, but never before cashing in some 9 or 10 bonuses.

it doens't make sense, I'm familiar with 95% of the scams online, and in everyone of those, you have to deposit, or give them something before their claimable profit.

but this? you answer 20 questions and they give you $150, no way....

even the casino bonuses require for you to wager some €1000, €2000 or more in order for they to give you a €100 bonus, I can't figure this one out...

at a first look this will make them lose money, not profit in any way. even if they have a fairly good ad support, they just give out $150 to any guy who signup and pass that easy as pie quiz.

there has to be a catch...
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CraweN




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PostPosted: Fri, 17th Oct 2008 20:00    Post subject:
Well I've been playing poker for about five years. If I look at how much money I've "invested" and how much I've won, I certainly won money, just not a lot. Still, I love playing it, I like the fact that you can affect the chances of winning by knowing the game. While I haven't won much especially considering the time invested, it still is fun.

Of course its possible to make money, if you want to invest the time it takes to get good at it. There is no sure shot way to play poker. If someone tells you to follow a chart, the sure you might win some money, but you're not taking advantage of all the things that can improve your odds of winning.

If you want to play poker, check the term "Bank roll management" and read a couple of books around the subject.


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FireMaster




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PostPosted: Fri, 17th Oct 2008 20:03    Post subject:
I read it "Pokemon, worth the time?" because I wasn't sober

poker is fun as long as money isn't involved
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tainted4ever
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PostPosted: Fri, 17th Oct 2008 21:22    Post subject:
Well, a lot of people get out of hand and hooked on poker after they lose the initial 150. That is why the company offers it, because it knows a fairly decent portion of the people will lose all 150 right away cus theyre nub, and then continue playing after they deposit more money in the poker company. This = business for the poker company.

Another example of this would be the weight loss tea offers that I advertise. I get a 38$ payout for every time somebody signs up. However, when they sign up they only sign up for a free trial that costs $4 in shipping and handling. So if they cancel the free trial, the company actually loses ~40 dollars. The thing is tho, they know that people will get hooked after the free trial, and that = more business for them. And that is why I get 38$ payouts for simple free trials ^^
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Ronhrin
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PostPosted: Fri, 17th Oct 2008 21:48    Post subject:
tainted4ever wrote:
Well, a lot of people get out of hand and hooked on poker after they lose the initial 150. That is why the company offers it, because it knows a fairly decent portion of the people will lose all 150 right away cus theyre nub, and then continue playing after they deposit more money in the poker company. This = business for the poker company.

Another example of this would be the weight loss tea offers that I advertise. I get a 38$ payout for every time somebody signs up. However, when they sign up they only sign up for a free trial that costs $4 in shipping and handling. So if they cancel the free trial, the company actually loses ~40 dollars. The thing is tho, they know that people will get hooked after the free trial, and that = more business for them. And that is why I get 38$ payouts for simple free trials ^^


yeah I know the principle, but this is different, pokerprofessor.com isn't a online poker play site, it is merely a site that teach you how to play poker, and then, there's a poker quiz with 20 poker questions, if you get them right, they deposit 3 increments of $50 on your Titan Poker account.

now, the thing is, obviously they have some kind of commercial revenue from Titan Poker, but still, they don't demand any initial investement, and I seriously doubt that titan poker gives $150 or more for one referee.
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tainted4ever
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PostPosted: Fri, 17th Oct 2008 21:58    Post subject:
Quote:
and I seriously doubt that titan poker gives $150 or more for one referee.
I don't doubt it. Like I said, you've got these kinds of schemes all over. Just because $150 seems like a large amount of money for one person does not mean that they don't do it. Imagine how much money in the long term Titan poker earns from one customer?


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Ronhrin
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PostPosted: Fri, 17th Oct 2008 22:16    Post subject:
tainted4ever wrote:
Quote:
and I seriously doubt that titan poker gives $150 or more for one referee.
I don't doubt it. Like I said, you've got these kinds of schemes all over. Just because $150 seems like a large amount of money for one person does not mean that they don't do it. Imagine how much money in the long term Titan poker earns from one customer?


there are players that "love" to throw their money away recklessly, but still, the large majority are the kind that deposits $10 to $30, to check how it is to play poker online and once they lose it all, they never come back for more, that is the majority imo.
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Lathieza




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PostPosted: Fri, 17th Oct 2008 23:46    Post subject:
CraweN wrote:
Well I've been playing poker for about five years. If I look at how much money I've "invested" and how much I've won, I certainly won money, just not a lot. Still, I love playing it, I like the fact that you can affect the chances of winning by knowing the game. While I haven't won much especially considering the time invested, it still is fun.

Of course its possible to make money, if you want to invest the time it takes to get good at it. There is no sure shot way to play poker. If someone tells you to follow a chart, the sure you might win some money, but you're not taking advantage of all the things that can improve your odds of winning.

If you want to play poker, check the term "Bank roll management" and read a couple of books around the subject.


You get your money without a deposit or anything and maybe half of it in bonus money.
The site earns on your stake putted in.... So the more you play the more they earn.
Thats why they give you a head start and a good strategy to play.
If you win... they win
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SycoShaman
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Location: Toronto, Canada
PostPosted: Sat, 18th Oct 2008 07:22    Post subject:
tainted4ever wrote:
There are better ways of making money online ($200/week) if you're intent enough, without wasting time and money on poker. One thing I can think of off the top of my head: answer questions on yahoo answers with affiliate links. For example, someone asks about home insurance. You type him up an answer and give him an affiliate link going to a free home insurance quote offer, such as this one:

http://quotewizard.com/index.cfm?openaction=home

He signs up, you get an $11 commission. Some offers pay up to $38 (such as free weight loss tea trial). So, there is money to be had there... and once you amass enough capital, maybe then you could start experimenting with PPC advertising, or blog farming etc etc... Smile

That's just one idea. I'm sure you could come up with more if you actually think about it.


whats blog farming dude?


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Immunity




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PostPosted: Tue, 21st Oct 2008 05:25    Post subject:
I've always wanted to play - but I live in the United States, land of the free, where online gambling is deemed ILLEGAL Sad


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SycoShaman
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PostPosted: Tue, 21st Oct 2008 05:53    Post subject:
Immunity wrote:
I've always wanted to play - but I live in the United States, land of the free, where online gambling is deemed ILLEGAL Sad


PartyPoker.Net is legal dude...your not playing with real money and you dont win real money. You play for the sake of playing and learning and shit.
And when you get good, you hit Atlantic City or Vegas Smile


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spankie
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PostPosted: Fri, 24th Oct 2008 15:11    Post subject:
i know some guys who play online and they make money... but is it worth the risk/time?

i play online now and then, 5cent buyin sit n go and i make 2$/day, i have fun, thats good

i know guys who play 2-4-10$ blind games. They make 1k/day, another day they lose 1k. Problem is, you can make whatever you want, but when you lose it, it is gone and hard to make that amount of money with a regular job. And of course you only hear the great stories, 'i win 1k / day' And after 2 years playing he has 20k in his account...

Unless you are reaaaaaaaaaaally good at it, i wouldnt recommend it. even 100$/day, im 23 and im earning the same, doing PhD, chill, no stress, no risk of losing my past 6 paychecks because im tilting.

you have to know it is easier to lose than to win and you have to risk a significant amount to get a sustainable decent return to live off.

Yes you can play with 5$ and win 20$ in 1 h. I have done it in the past. But thats not your average return...

My buddy plays with 20times table limit... so he has 20k, thats 1k for a table and blinds of 5-10$.

But this means you have to be able to cope with 2-5-10k loses a day and have discipline to go on a lower limit and fight your way back and when you are young, this money might do stupid things with you. And if you play 2 year, win 20k and fuck it up in a day, what a waste of time and how to win it back quickly?

Do whatever you want, but dont rely on poker to make you rich Wink more people go broke than become rich, only the casinos get rich because of the rake they take Wink
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SycoShaman
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PostPosted: Sat, 25th Oct 2008 00:43    Post subject:
Well, poker is a risky game. Cause you could sit down at a table and not know your playing against a professional (as many do to raise cash for touney's in vegas and Atlantic City).

The only way I play poker is live. You know, you got a few guys sitting around the table and such. That way you can learn their tells and such and no one a few ppl have shit hands and are just betting big in hopes ppl will fold because its too much money. Its a gamble, but I find those ppl are usually trying to bluff you by throwing in a good sum of money. And if you happen to know the guys tell, well, the pot is yours.


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