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For those of you who would like to learn the basics of poker, Johns Hopkins offers an online course: https://hopkinspokercourse.com/ MIT OCW also has a course on poker theory: https://ocw.mit.edu/courses/15-s50-poker-theory-and-analytic...
The man is an absolute legend. And the most awesome thing about poker is that you can play until the end of your days if you can stomach the swings.
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The book “no limit theory and practice” continues to be the most valuable poker book I’ve read. That said about 80% of that book and 95% of anything written about poker before about 2019 is irrelevant to today’s games. People never intended to play game theory optimal in the past; it was a war of “leveling” your opponent into making the wrong move. You would make money by playing an “exploitive strategy” meaning, you…
Most of what you say is accurate however it’s worth understanding that GTO really only applies in specific situations. E.g., heads up (2 players) play. GTO is unable to produce an unexploitable strategy against 2+ players. Additionally, as a matter of practical application, less of theory, GTO suffers in ultra deep stacked heads up play where effective stacks are > 500 BB deep. NL Hold ‘Em has progressed a lot but it…
It's a continuation of what we saw in the 2000s: entire sections of the book store dedicated to poker, selling confidence to millions of new players who misapply their concepts. There is still a lot of money to be made in micro- and small-stakes NLHE.
The man is an absolute legend. And the most awesome thing about poker is that you can play until the end of your days if you can stomach the swings.
unlike chess or go where you have to stop at some age - good point!
Earlier quoted context omitted.
The book “no limit theory and practice” continues to be the most valuable poker book I’ve read. That said about 80% of that book and 95% of anything written about poker before about 2019 is irrelevant to today’s games. People never intended to play game theory optimal in the past; it was a war of “leveling” your opponent into making the wrong move. You would make money by playing an “exploitive strategy” meaning, you…
Fascinating. I haven’t played or thought about poker in 15 years. Can you elaborate more on the current strategy of poker? A real example would be helpful.
The man is an absolute legend. And the most awesome thing about poker is that you can play until the end of your days if you can stomach the swings.
unlike chess or go where you have to stop at some age - good point!
Chess requires a crazy amount of time invested and you're likely going to stop, and definitely slow, making gains at a certain age. Lots of people play chess for reasons other than becoming the world champion (since obviously most won't).
That said I play online chess too much and it's sort of a waste of time ;)
The story of the tennis match prop bet alone was worth it. Let the dog die!
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> Casuals get fleeced rapidly It's funny how the meta-game works here. Fleecing the casuals is, of course, the way the pros make money; so it's basically the point of the game. But I can see how fleecing the casuals slowly is probably a better long-term strategy, that will ultimately extract more money from them, than doing it quickly, draining their bankroll, which may stop them from playing or get them to play less…
> But I can see how fleecing the casuals slowly is probably a better long-term strategy, that will ultimately extract more money from them, than doing it quickly, draining their bankroll, which may stop them from playing or get them to play less consistently. This is exactly correct. This is why it’s difficult to build and sustain a plo8/nlo8 ecology online or live. The good players just clean out the casuals so quic…
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unlike chess or go where you have to stop at some age - good point!
You don't have to stop playing. Kasparov (59) still plays here and there and he's still pretty great. Anand is 52 and is 13th in the world. Chess requires a crazy amount of time invested and you're likely going to stop, and definitely slow, making gains at a certain age. Lots of people play chess for reasons other than becoming the world champion (since obviously most won't). That said I play online chess too much an…