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who cares? not even manny, probably
After a two month dry spell in tourneys I decided to switch it up and play nothing but cash games, first few sessions I was up and down with a couple hundred dollar net loss. However the last few weeks Ive been taking it very serious playing good solid patient poker and have managed to rake in $3800 in $1 $2 NL Holdem sessions. This last week I have pocketed $1600 or so in cash games and I won a $42 tourney at the Sahara yesterday for $840(not chopped I didnt want to because i was 3.5 to 1 chip leader and thought I had an edge) Im still doing this part time for the moment however as the economy continues to pretty much suck, I believe there will be no shortage of degenerate fish and tourists coming into casinos to suck up money from so I'm thinking about attempting to play full time. Im aware of variance and I believe i was on the downside of that for a while and its swung the other way for the time being. Im not disillusioned thinking I'm some god or anything, just a solid player waiting for people to make mistakes against me. It can be a very boring style of play but I also can mix it up a bit when Ive built up my stack a bit.
So I'd like to get Manny's opinion on this, my passion is for tourneys (lower buyins at the moment) however I see more potential for steady income in cash games. Tourneys are however more exciting and offer potential for much larger pay days but your against huge fields so it takes an extreme amount of luck to even get to the final table.
Some positives I've got going for me if I do pursue this.
1. Level headed very seldom do I go on tilt, I do not wish to berate a player and educate him on his mistakes, when they suck out ive learned to say nice hand or well played sir to give them some positive reinforcement.
2. No problems with booze or drugs or pros utes which is a huge problem here in Vegas with many top players/pros. Occasionally I will have a beer or two during a session, if nothing else than to calm the nerves a bit, but those nerves are pretty much going away as I gain more and more experience.
3. Im not a compulsive gambler outside of Poker i pretty much stay away from all other gaming, no slots, roulette, craps, blackjack (occasionally) and no sports book betting. These are major factors for many pros here as well, they do very well in poker and blow it on other gambling activities.
4. I can let go of a good hand which is one of the single most important skills in poker. Sure i get bluffed off hands sometimes however I do go with my reads if I've got a reason to.
Downsides
1. My biggest downside is sometimes playing until Im overtired and I start making some bad decisions, however I usually catchon to when I'm doing this so I'm taking that leak out of my game for the most part.
So Manny and other players what do you think? Id like to get some feedback from you. It is awesome to wake up any time day or night and know where to go to play some poker. It's equally as awesome to know I can put $200-$300 at risk for a session and walk away with $800-$1000+ for a couple hours of work.
who cares? not even manny, probably
Get back under your bridge.. The village is calling they want their idiot back.
Manny may not "care" so to speak but he may have some insight.
so make a personal phone call to your little butt buddy manny. noone gives a about your gambling exploits.
Mama didn't give you enough hugs apparently.
Sounds great.
http://www.helpguide.org/mental/gambling_addiction.htm
* Winning phase – The winning phase often starts with a big win, leading to excitement and a positive view of gambling. Problem gamblers believe they have a special talent for gambling and that the winning will continue. They begin spending greater amounts of time and money on gambling.
* Losing phase – Problem gamblers become more and more preoccupied with gambling. They start to gamble alone, borrow money, skip work, lie to family and friends, and default on debts. They also begin to "chase" their losses: gambling in order to win back money that was lost.
* Desperation phase – Problem gamblers lose all control over their gambling. They feel ashamed and guilty after gambling, but they can’t stop. They may cheat or steal to finance their addiction. The consequences of compulsive gambling catch up with them: they may lose their jobs, get divorced, or get arrested.
* Hopeless phase – In the hopeless phase, problem gamblers hit “rock bottom.” They don’t believe that anyone cares or that help is possible. They don’t even care if they live or die. They may abuse drugs and alcohol to numb the pain. Many problem gamblers also consider or attempt suicide.
Nice try Vinnie, I am not a beginning player by any means, I've won several small buyin tourneys and maintained an overall profit year after year for the past 5 years. Im not thinking Im Phil Helmuth because I've won some smaller stakes tourneys by any means but I believe I have the right "ingredients" to take it to the next step. Im not gambling with grocery and rent money either, I have built up a decent bankroll thru both playing poker and my internet business.
Cool just let us know were here if you need usJust don't ask for money
Its cool just dont ask me for any money when I win my first million.
Have you been to Ellis Island?
1$ Beers and 6.99 10 oz Steaks
So does that mean the stun guns you sell are now 70% off for ST members?
Yes I've been to Ellis many times we used to stay at super8 a lot when we came here from Cali because we could bring our dog. They have pretty decent food and very cheap. They are not shy with their portion sizes, i still go there from time to time here.
hey if you want to control ur nerves? use that as a bluff....
You're living the dream man...I wish you luck. I also enjoy tournaments much more than cash games, mainly because the decisions are easier to make. It sounds like you have a very level head, so I'm sure it will turn out successful (unless you are just putting up a front and are Unger-ing all over the place)...
I would bet that Heath is a major donk.
Heath,
I've also enjoyed a great December after November suckage. Flopping boats while others turned a straight, etc.
To me, since you already know all the basics, with Hold Em i think its emotionally important to remember how much of this game is chance. No doubt you saw the rest of ESPNs "World Series of Suck Outs". In addition to your 1 outer exodus (2 outer?), i saw plenty of other 2 outers. None of the big names even sniffed the top 20. What that tells me, along with my own playing experience is that so many do know the basics of Hold Em now that you just gotta be ready to roll with the suck outs and the card deadedness.
It does seem to be in large measure bankroll, those who can afford to see enough hands.
My understanding is that 1-2 cash is pretty hard to make a living off of because (Live that is) of rake, tips, and low amount of hands. You're probably riding a wave up right now because I doubt you've seen very many hands in that stretch (30 hands an hour is low) but the games are still really really soft at that level live (from what I understand - I've never played in them there).
Good luck, I prefer cAsh way more because I've played it so much more and the decision making process is easier for me to wrap my mind around.
In fields off 10,000 players the odds are againt you making it to the last 20 even if you are one of the best out there. There is luck in poker in the short term, and every tournament is short term.
On that note - I'm not getting sucked into another ST poker thread.
I'm back to my studying for finals.
Good luck at the tables.
Agree with Manuel. Heath where in the &^%$# are you getting big enough hands and callers to make $800-1000 in a couple hours at 1/2?
Dec cash games I've been going in with 100 even to start and have profitted
66
125
101
25
81
I consider this to be very good. And yes ini past times I've had the 100 in 350+ out days (along with a couple -250 reemings) so i dont see how you're getting that much action on the tables. Do tell Heath.
Tourneys in Dec i did
145 (chop)
-25 got impatient after my AJ got sucked out by A6 on the river, you know how it goes in those slow moving low entry tourneys. Nearing the bigger blinds, fairly low stack so with A4 suited i went all in expecting either no one to call or my Ace to be a coinflip with Pairees. Guy behind me had 10s and they held up.
Tonight I played for 3 hours $1 $2 NL left up $225, was up $370 at one time then stayed a little to long got caught up in hands that i normally dont. This happens when Im tired.
Im much aware of the odds, i just seem to be exploiting very weak players by playing very tight and raising the timid people who fold, if they play back at me I know they have the nuts, there are just so many players who call off their stack with crap cards, crap kickers and out of position. Post flop I maker some very good reads and can get away from hands if I sense I'm beat. If i sit at a table and it's like watching paint dry I will leave after 2 hours or so to take a break and or find a new table or casino.
Regarding tourneys, its next to impossible for even the best players to turn a profit, most pros make their profits via cash games, the risk to reward ratio is what I love about tourneys. You can risk very little with a chance to win a lot. In the last year i've won 6 or 7 tourneys at the Sahara, a few were no chops, a few chopped and many other final table cashes. However Im starting to feel a lot more excited about cash games, i know I will see swings, but I have a knack of keeping out of a ton of marginal situations, I play like a rock so I can pull off some well timed bluffs as well. Im not disillusioned that things will be as good as they have been forever however I believe by playing solid poker and choosing my spots with agression with my reads I can grind out a decent income playing poker. So what Im going through is a combination of getting some good cards but also making good reads and agressive plays against weak players.
Tonight I had dudes calling me with hands like j4 offsuit and ace 2 off suit out of postion, its crazy just how bad some players are but when you see them you drool and try to enter as many pots cheaply with them as you can waiting for them to stack off with a dominated hand. I play at touristy casinos where the room rates are bargains, they draw in big fish and people playing with scared money. There are also some pesky locals that show up but you just try to not bump heads with them too much unless you are strong. There was one really solid player there tonight and I pretty much dominated him.
Another thing, I have a buddy here who is playing a 2-5 no limit game here and we are much on par in skills and he has been killing the 2-5 game at the venetian, so I'm thinking about moving up and testing the waters there as well.
And it continues, last night I played 3 hours in a $1 $2 NL game. I bought in for $200 cashed out with $853! This was at the flamingo, i play there a lot because its a bargain casino, (cheap room rates)lots of casual players who drink and a lot playing with scared money. Table selection is important in cash games and its pretty easy to look for one with these sorts of people.
At a 10 handed table, what are the odds of one player drawing AA and one other player KK? 2. Heath Manny anyone, have you ever known of sleazeballs acting in collusion who slip each other an Ace? Swap cards to give the other one rockets.
RRRRRRrrrrrrrrrr. You can guess what i drew. I reraised him preflop. He didnt bet big, 10.
Heath where is this place and what time should i be there?
If your friend of equal playing is tearing it up at the 2/5 and you can get in the same cir stances he does, go for it. What are you waiting for?
So is he making 4 grand a night?
We have a very similar philosophy of poker, Heath, and even a similar weakness. I typically only lose when playing tired, which I did down in Melbourne last weekend and retaught myself that lesson. When you're solid but not great you have to play to your strengths.
It sounds to me like your table selection is what's making you a lot of money.
Good luck with it and keep us informed.
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