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Quitting the full-time poker scene

team-bhp.com

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Re: Quitting the full-time poker scene

#161
post #96

One of the best HN posts I’ve ever read. Thanks for sharing your story. I don’t have any doubt you’ll be happy about your pivot and successful in your next phase. Good luck.

Author here. Thanks for the kind words and happy to answer any questions. If you like my writing, checkout my blog at rnikhil.com where this was posted originally.

Re: Quitting the full-time poker scene

#162
post #5
post #3

I was under the impression that online poker rooms are low key rigged and at the very least just cycle through preexisting card combinations rather than doing even a programmatic randomization (let alone using a true external source of randomization).

I don't know about rigged. But there is a lot of RTA (real time assistance) usage on the sites. Essentially clients that inform you of the best decisions to make according to GTO principles.

Author of the post here. Yes RTA are common. Botting is common. RTA based on simple GTO solvers is common. I have built bot/fraud/collusion detection for the websites along with being on the other side as well. I recently built the poker platform for an Indian decacorn.

Re: Quitting the full-time poker scene

#163

Why is this on an indian car forum? Is it like bodybuildning forum where its a lot of unrelated stuff?

Author here. I originally wrote it on my blog (www.rnikhil.com) and cross-posted on team-bhp.com . Its not just a car forum but just enthusiastic folks discussing anything and everything. Like HN but based on cars and not startups. Somebody posted the link here from team-bhp.

That would be me. Apologies as I didn't know about the original entry at rnikhil.

Re: Quitting the full-time poker scene

#164
post #105
post #71

Earlier quoted context omitted.

Something like football or chess or Formula 1 is valuable in itself; there's a beauty and elegance in seeing the hard thing done well. In poker even the thing you're celebrating is zero-sum. Could person A fool person B or could person B read them; that's not people collaborating to create something in the way that two tennis players beating out a long rally are, that's just A vs B. And so much of the game is simply…

I enjoy chess and Formula 1 too! I think poker is broadly misunderstood to be a game of luck disguised as a game of skill when in reality it is very much a game of skill in the long run. The "long run" here being hundreds of thousands of hands. There are absolutely brilliant plays in poker at its highest levels when a player finds an interesting line with a particular hand. I agree that most poker "highlights" are no…

I’m genuinely curious—what makes for an “interesting line with a particular hand?” Do you have any examples?

Re: Quitting the full-time poker scene

#165
post #21

I find interesting that no one (yet) in OP or in the comments has talked about my main complaint about playing Poker as a living: it's a zero sum game where you basically only take money from other people. It's not productive. For me, that in itself is as depressing as the grind. But it appears most players don't really care about this, maybe because life oftentimes is not fair and thus being productive is not seen a…

It's worse.

It's a negative sum game.

Re: Quitting the full-time poker scene

#166
post #36

Earlier quoted context omitted.

Many former poker players move into finance/trading. Could be a viable route. The owner of Brighton is a former poker player: https://www.theguardian.com/football/blog/2023/sep/20/bright... .

Poker is a great analogy for the market. You don't make money by having amazing unique insight, you make money by finding soft players and milking them for money. All the retail investors and day traders are the amateur players thinking they are decent but really are just getting milked

What's the poker equivalent of buying and holding an index fund?

Re: Quitting the full-time poker scene

#167
post #87

Earlier quoted context omitted.

> Help me get to 1000 karma and I’ll stop posting forever. This beautiful, it has a hook in both directions. Like a little piece of art sitting here on the site.

I am downvoting xwdv because I want him to keep posting.

You just helped me notice/discover the downvote button. Still don't wanna use it tho, I like to focus on the positive except where there's an ultimatum like that lol. I will fall in line for the occasion

Re: Quitting the full-time poker scene

#168

Earlier quoted context omitted.

Friend of mine did this in the heyday. He’d have, like a dozen games going. Hunting and playing “soft players” (as the GP calls them). I don’t know how long he played, he certainly didn’t mention a grind as described here. But, he netted enough to buy his then new $30k Lexus. A lucrative hobby if nothing else.

Your story reminded me of a case I personally know of a guy who was a very disciplined poker player for a period of time and one day won a sweet €90000 prize in an online tournament after a lot of effort. Apart from poker, his life was a mess (living with his mother, no even a driving licence, no serious job). He spent the whole amount on partying, hotels and cocaine. He never got again any substantial money from pok…

Moderation in all things, including moderation...but also cocaine. Many have come, few have passed

Re: Quitting the full-time poker scene

#169

Earlier quoted context omitted.

Author here. I originally wrote it on my blog (www.rnikhil.com) and cross-posted on team-bhp.com . Its not just a car forum but just enthusiastic folks discussing anything and everything. Like HN but based on cars and not startups. Somebody posted the link here from team-bhp.

That would be me. Apologies as I didn't know about the original entry at rnikhil.

No problem. Please replace the above link with the original: https://rnikhil.com/2023/11/12/quitting-fulltime-poker.html

Re: Quitting the full-time poker scene

#170
post #31

Earlier quoted context omitted.

I have a friend who got into poker in the 90s. He did a lot of studying and practicing at home, then took a bus down to Atlantic City to try his luck, goal was to pay for a ticket back. He ended up making a lot more money than that (more than he’d ever made in a paycheck up to that point!), but half of it was from a guy with more teeth out of his possession than in his possession. Most of his opponents were irrationa…

Specifically, if you're fixing to earn serious money off playing poker, your job is to SEEK OUT irrational addicts fighting personal demons, and personify said demons. You're basically looking to find prey and eat them. The wounded will be less capable of running away from you. You could lurk outside the door and hit them with a rock or stab them with a knife, but that would be illegal. Functionally you're playing a…

Its quite the capitalistic mirror, like Monopoly. Is Bridge this bad or is it more an intellectual/collegial forum?
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