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2017! NC/LC THREAD -- Small Stakes, 40 years to Mars 2017! NC/LC THREAD -- Small Stakes, 40 years to Mars

03-31-2017 , 02:12 PM
At least this isn't a busto forum. I've known ppl actually trying to make a living at 8-16 whose net worth is how much they could borrow to stay in action. One of whom still owes me despite playing so often.
03-31-2017 , 02:19 PM
Is his nickname an article of clothing?
03-31-2017 , 03:28 PM
Quote:
Originally Posted by Howard Beale
At least this isn't a busto forum.
Bunch of dumbass trust fund babies ldo
03-31-2017 , 04:09 PM
Quote:
Originally Posted by that_pope
Is his nickname an article of clothing?
Yes, and I'm trusting you to be discreet. He paid some of it off and the amount left isn't all that much and I don't care, tbh, and I wish him the best. Interestingly, when I used to make poker room loans, the players considered to be *******s were the ones who paid back on time, every time. The 'good guys' still owe although one died, one moved and the other has disappeared entirely.
03-31-2017 , 04:21 PM
If you were worried about me, you woulda messaged me IMO. Think that is fairly common knowledge anyways.
03-31-2017 , 05:21 PM
Quote:
Originally Posted by callipygian
Having 100% of your net worth in anything is probably a terrible idea.
Not having 100% of your net worth in bitcoins over the last year was a terrible idea (sadly I didn't either)
03-31-2017 , 05:23 PM
Yes, making judgement based on actual results is a good way to invest and play poker.
03-31-2017 , 06:44 PM
Quote:
Originally Posted by jdr0317
Really starting to dive head first into the investing game now that I've bought a house.

Question: 99% Stock ETF portfolio too risky to you guys? Or no gamble no future?
Stock ETF's too safe. No gamble, no future.

Quote:
Originally Posted by BigBadBabar
i'm in a skype chatroom about bitcoin. some of the guys have 100% of their net worth in bitcoin at the moment. seems a bit strong to me.
Too much gamble, no future.
03-31-2017 , 08:04 PM
Quote:
Originally Posted by KL03
Too much gamble, no future.
Agree. It isn't that I see zero value in BC, but you're fading Google, the NSA, and a bunch of quantum computer developers failing. You also have to fade that the goodwill of the community overcomes scammers and hackers (even nation states). I'm not betting a ton of net worth that both don't happen. I'd hope but not invest heavily.
03-31-2017 , 10:48 PM
Quote:
Originally Posted by DougL
Agree. It isn't that I see zero value in BC, but you're fading Google, the NSA, and a bunch of quantum computer developers failing. You also have to fade that the goodwill of the community overcomes scammers and hackers (even nation states). I'm not betting a ton of net worth that both don't happen. I'd hope but not invest heavily.
I think there will eventually be a stable, useful cryptocurrency. What I am far less sure about is that it's going to be Bitcoin.

That one needs special equipment to mine Bitcoin is probably going to sink it the way that gold was sunk by fiat currency - the producers of wealth need to correlate with the producers of currency. You can't have South Africa being as "rich" as the United States just because they mine a ****load of gold.

Bitcoin's history in purchasing child pornography or murder for hire will also make it unattractive as it's impossible to erase the blockchain history.

If you were to create a cryptocurrency ETF, I'd invest in that. But Bitcoins directly? Super risky.
03-31-2017 , 11:20 PM
Quote:
Originally Posted by that_pope
If you were worried about me, you woulda messaged me IMO. Think that is fairly common knowledge anyways.
I would've said the same to some other posters , but not all, tbh. I'd really hate for it to get back to him although I don't think he'd care so I'm perhaps a bit over cautious.
04-01-2017 , 01:00 AM
A 6-way limped pot that I observed. I'm going to put up the board as best as I recall but if it's off it's not by much of a difference. Flop, turn and river were checked through:

QJ10108.

Try to guess the winning hand.
04-01-2017 , 01:13 AM
AK
04-01-2017 , 02:00 AM
Quote:
Originally Posted by chillrob
AK
'lol, slow played and made nothing' is not where I'm going w/ this. Ppl are going to have to take a real swing to get this one right.
04-01-2017 , 02:07 AM
9-10 clearly won this.

Off-suit

early position
04-01-2017 , 07:26 AM
66
04-01-2017 , 10:24 AM
The player on my left was in EP first to show and rolled over the A5, all of the other players looked at their hands, shook their heads and mucked. I half jumped out of my seat and told him he should get an extra bonus for that magic trick and said 'Everybody, let's give him a chip!' which was a no-go.
04-01-2017 , 10:28 AM
How is that magic when every street was checked through?

Honestly ace high should probably bet the turn, but whatever.

And all ace highs are the exact same anyways.
04-01-2017 , 10:37 AM
5 other players, none of whom had an Ace for a chop w/ a board that really should've hit SOMEBODY and A-5 wins is a magic trick to me.

Good morning, btw. I'm going to get an early start and play all day.

One other note about me lying to my own mother: I took her for WoF day on Thursday and a BJ pit boss saw us going into the buffet and comped our meals. When mom asked why I said it's bec of her slot play. I'm going to be spending time in Purgatory, or w/e it's called, before getting into that great Carnival in the Sky for that.

Saw your edit: Nobody's going to bet that turn w/o a real hand.

ETA: Actually, you might, bec you're a good situation reader and aren't scared to bet but no 8-16 reg would.
04-01-2017 , 01:58 PM
Ugh I knew it would be an ace high I was just hoping for ultimate early position nit-tery
04-01-2017 , 02:53 PM
Quote:
Originally Posted by Howard Beale
5 other players, none of whom had an Ace for a chop w/ a board that really should've hit SOMEBODY and A-5 wins is a magic trick to me.

Good morning, btw. I'm going to get an early start and play all day.

One other note about me lying to my own mother: I took her for WoF day on Thursday and a BJ pit boss saw us going into the buffet and comped our meals. When mom asked why I said it's bec of her slot play. I'm going to be spending time in Purgatory, or w/e it's called, before getting into that great Carnival in the Sky for that.
It's called "The Commerce".
04-01-2017 , 03:45 PM
Quote:
Originally Posted by that_pope
Honestly ace high should probably bet the turn, but whatever.
Uhhh... no. You have 5 opponents. The board is QJTT. Not exactly the kind of board texture where people are likely to fold. The pot is small. I don't see much value in the play and, honestly, I think it's BAD.
04-01-2017 , 06:09 PM
You likely have the best hand and a K or a 9 will call your bet.
04-01-2017 , 08:18 PM
The player with A5 has five players to act behind him on the turn, any number of which could have checked a J or T on the flop, as well as all the smaller pocket pairs, as well as any slow played hands. Some ppl might call with small pocket pairs, especially after flop checks through. You probably won't know if you are getting called by a naked draw or a small pair, so how do you approach the river? Bluff? Hope to show down the winner? Check-call a bet?

There's six small bets in the pot. I highly doubt we win pot unchallenged > 25%. I don't see how a bet is defensible, let alone advisable.
04-01-2017 , 10:52 PM
An additional factor to consider is that it's the received wisdom in that game to check having flopped huge.

      
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