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Chop Chop? (MHFR low content) Chop Chop? (MHFR low content)

08-12-2014 , 12:43 AM
[QUOTE=DGAF;44264647]ahh. well jrr63 is more old man scooby snack than old man coffee ime...QUOTE}

That drink was more rejuvenating than coffee for sure. I'd forgotten about it but I'll have to see if any of the new cocktail bars in Tucson know it. And we can have a round or two when you come to CAZ.
08-12-2014 , 07:35 AM
Quote:
Originally Posted by Tier1Capital
How on earth did you get a middle aged 5/5 rec player to play 10/20 HU?
Drink.
08-12-2014 , 07:36 AM
Quote:
Originally Posted by Avaritia
FWIW I would not have provided the initial $2k but I think this is a simple sensitivity table of how big your edge is compared to how likely he is to pay you back. So put in a (very) simple example if you both sit with $2K to start and you are a 90% favorite to end up with all the chips and he has a "make good on personal loan" frequency of 90%, your EV is +$1,420.

There would also be a secondary analysis of how likely he is to pay you back compared to how much he loses. (i.e. he pays back $2K 90% of the time but $10K 10% of the time).

So I would think in this case you have diminishing returns with each $2K provided.
Pretty sure I get paid back if I lose close enough to 100% to just call it that.
08-12-2014 , 07:37 AM
Quote:
Originally Posted by SqredII
Deadwood is the greatest television show ever, period, and as great as Breaking Bad is, it is not even close. I was reading your post, and waiting to see you mention Deadwood. I am simultaneously jealous of/and happy for you because you haven't seen it yet.

If you can get through the first two episodes, and get used to the vocab and grammar, you will be hooked until the end of the last episode. Then comes the inevitable sadness, that it actually over. As close to Shakespear as tv gets. Enjoy.
Pumped now. THx!
08-12-2014 , 07:53 AM
Quote:
Originally Posted by jrr63
I guess there are two aspects, finance and ethics:

Financial considerations:

As Avarita said, it becomes a question of % likelihood of repayment vs amount loaned. My long term experience with letting guys play "on the book" is quite varied - some guys are as good as gold, some guys are worthless as ****, and many guys are gold for a while until they reach a threshold where they suddenly turn to ****. And the trick is identifying the gold category vs the **** category in the beginning and monitoring the gold category over time looking for signs of turning to ****.

So which category is this rec V? You say he's been around the games in that casino at least some - probably not his first rodeo borrowing money, so do you know others he has borrowed from, and how promptly they were repaid? How much has he been good for in the past? If no one is there whom you know with this info can the Rec provide names of folks you can check with?

After a playing with him long enough to stack him a couple of times you probably have an idea what he claims to do for a living (and for an income stream to finance his poker habit). Does it seem plausible that his claims are valid and that he can afford to lose more money and still pay it back? Does he have the vibe of a desperate degenerate who has passed the "threshold of misery" or that of a guy who does not seem particularly bothered by a couple of k?

You do need to set a ceiling based on your judgement (and references if available) but I'd probably risk another 2k at least.

Ethics:
You know the "risk management" stuff as well as anyone, so is the question also addressing the morality of "taking more candy from a baby"? Assuming the guy does not appear to be a down and outer who's not going to be able to feed his family because of what he loses to you I'd not feel bad about him losing another few K (again of course assuming he likely can/will pay you back).
I had no info on his loan history. And it was like 5am and no1 I knew was around to ask. Also I almost never ask someone I'm playing hu what they do for a living. Lastly, I try not to go down the "should this guy be losing this money" road.

So I gave him 3 more (instead of 2) and told him I can't go any deeper and I need it back ASAP.

Spoiler:
Doesn't seem likely at this point I'll get the money back unless I get mad and put someone very influential on it. I guess it was almost a free roll though (no opportunity cost at 5 am). IDK.


The higher you play, the more this **** becomes part of the game. I think my biggest error was borrowing the 5k from the kid I don't know too well at the table. I should have been more discreet with that.
08-12-2014 , 07:57 AM
Quote:
Originally Posted by DjSkyy
i'd give the guy 2k more.

i did this with an older guy about 8x in a row for $100 each at a home game shortly after black friday when $100 was probably at least as much to me then as $2k is to dgaf now. Everyone else had left and the sun had been up for a few hours and we played heads up no limit triple draw deuce until he owed me about $1k.

It took a few months and a lil back and forth but he eventually did pay me back completely and we are still friends - another benefit of doing this it may also provide chances for future action with the same guy or his friends since you were so cool with him and you now know each other better than randoms.

Also obviously im assuming that you had some kind of read on his character/general degeneracy level that he wasnt a total scumbag or you wouldnt have considered it in the first place.
Yeah, he seemed like a respectable gambler. Maybe I caught him right before things got desperate. And maybe I'll get it back with persistence. I've def been on the "right" side of loaning a ton of times. And hu seems like the best time to do it, no?
08-12-2014 , 08:09 AM
Quote:
Originally Posted by limon
ya, its mike. i cant remember **** anymore.

irt the quiz, ya, i assume its more about thought process. but who knows? maybe chad has locked down answers, it will be a fun conversation.

in my younger days I ran private games and just tried to crush all the people I invited. It was my warped form of a poker house. i dont think I could do chads form, not now at least, ive seen too much. my trust gene is gone. its possible people in los angeles poker are just far scummier than maryland. in a casino open 11 months most prob hanvnt hit rock bottom yet. the amount of work it would take to keep from getting robbed blind (including the house) wouldnt be worth the profit imo.
Yeah, I was thinking the same thing. Much better places/ways to invest your money short-term... And long-term it's gotta be a net negative considering you won't always have pieces of the people who actually win, and they will eventually be sitting at your table remembering your thought process, killing your profitability in more ways than one.
08-12-2014 , 08:17 AM
[QUOTE=jrr63;44271989]
Quote:
Originally Posted by DGAF
ahh. well jrr63 is more old man scooby snack than old man coffee ime...QUOTE}

That drink was more rejuvenating than coffee for sure. I'd forgotten about it but I'll have to see if any of the new cocktail bars in Tucson know it. And we can have a round or two when you come to CAZ.
Yeah, I think I'm going to try to play 25-50 2-7 single while I'm out there (seems like a good adjustment to the 500 cap). I'm sure Death Donkey will give me action cuz he's solved all those weird games I'm sure. Def gonna make him drink tho. Hope you can join us.

I vaguely remember Carnivale and will put it on my list even though I don't smoke weed. Forgot to mention, despite having a really hard time with Matt McConaghy as an actor my whole life, I watched True Detective season 1 and thought it was worth it.
08-12-2014 , 01:26 PM
5. If someone overbets the river with a polarized range a perfectly balanced percent of the time, how can we exploit them?

I like this question...

I think the answer lies in the size of the overbet. If they are overbetting 100+x% of the pot every time (where X is ALWAYS the same number) and they have a balanced range based on the hand combos that they can have, we can exploit them by always calling or always folding (based on the size of X). If X is variable based on the amount of value combos and bluff combos, and they are varying X to be exactly balanced, then there is no way to exploit them and calling=folding.

Or something like that.
08-12-2014 , 01:47 PM
[QUOTE=DGAF;44273534]
Quote:
Originally Posted by jrr63

Yeah, I think I'm going to try to play 25-50 2-7 single while I'm out there (seems like a good adjustment to the 500 cap). I'm sure Death Donkey will give me action cuz he's solved all those weird games I'm sure. Def gonna make him drink tho. Hope you can join us.
I'd give 2-7 SD a try - not so sure about the badacey/badeucy variations (never played them) but I suppose I could try to learn from you guys

I'll definitely make it up there for a least a day trip - which days do you think you'll be at CAZ?
08-12-2014 , 03:37 PM
[QUOTE=jrr63;44276082]
Quote:
Originally Posted by DGAF

I'd give 2-7 SD a try - not so sure about the badacey/badeucy variations (never played them) but I suppose I could try to learn from you guys

I'll definitely make it up there for a least a day trip - which days do you think you'll be at CAZ?
I get there Thurs night and leave Wed after I ship the Arizona State Championship...

Not gonna play any super weird games. I think 10-10 with 5 ante 2-7 spread limit makes the most sense with the 500 max bet rule. That gives us NL spazzes a fighting chance against the mixed game wizards (we can out courage them!).

Also gonna play plenty of 5-10 SL unless I just can't take it.

***Is the pit 500 max too?
08-12-2014 , 04:26 PM
[QUOTE=DGAF;44277227]
Quote:
Originally Posted by jrr63

I get there Thurs night and leave Wed after I ship the Arizona State Championship...

Not gonna play any super weird games. I think 10-10 with 5 ante 2-7 spread limit makes the most sense with the 500 max bet rule. That gives us NL spazzes a fighting chance against the mixed game wizards (we can out courage them!).

Also gonna play plenty of 5-10 SL unless I just can't take it.

***Is the pit 500 max too?
I've never played any pit games there - no idea. But I know at least one or two of the regs on the CAZ forum have some experience.
08-13-2014 , 04:09 AM
i got a good hand to post.

5-10 at commerce last night

i raise 30 w/ kqcc guy who looks like young man's dad makes it 85 on btn folds to me i call. i have 2500 he somehow has 4k.

flop 9T6 w/ 9tcc. i lead 120 he makes it 320 i make it 940 he calls. turn Qo i shove he says ok i am comietedd and calls. river 7o he has K8o and proceeds to say "sorry bro" in perfect english. i didnt know he could speak perfect english.
08-13-2014 , 04:46 AM
Quote:
Originally Posted by cstevens
i got a good hand to post.

5-10 at commerce last night

i raise 30 w/ kqcc guy who looks like young man's dad makes it 85 on btn folds to me i call. i have 2500 he somehow has 4k.

flop 9T6 w/ 9tcc. i lead 120 he makes it 320 i make it 940 he calls. turn Qo i shove he says ok i am comietedd and calls. river 7o he has K8o and proceeds to say "sorry bro" in perfect english. i didnt know he could speak perfect english.
king nichesque
08-13-2014 , 04:02 PM
Philosophical discussion on what legalization of online poker in the US would do to live high stakes (5/10+)?

I know for many it seems like a silly question bc "lol that's what everyone wants" but I've gotten quite used to my Friday/Saturday evenings of not having to think and making 10bb/hr in a game with zero solid players. One or two ok players.

Not a brag at all. I'm sure I would get raped online. I began my poker career post BF and my entire game can be summed up with "bet/fold". Hence my question.
08-13-2014 , 04:10 PM
Loaning money is generally a losing proposition unless you really know the person or have someone to collect for you as doing it yourself isn't worth it. I would have never loaned the guy any money in your spot without voucher/collateral or at the very least driver license info.
08-13-2014 , 04:11 PM
Quote:
Originally Posted by Avaritia
Philosophical discussion on what legalization of online poker in the US would do to live high stakes (5/10+)?

I know for many it seems like a silly question bc "lol that's what everyone wants" but I've gotten quite used to my Friday/Saturday evenings of not having to think and making 10bb/hr in a game with zero solid players. One or two ok players.

Not a brag at all. I'm sure I would get raped online. I began my poker career post BF and my entire game can be summed up with "bet/fold". Hence my question.
Live poker will always be soft. I don't think online is going to affect it much. That's also a ways away from happening, unless you live in California maybe.
08-13-2014 , 04:27 PM
Yea I surely think live will always be soft(ish), my main concern is how depleted the live pool might get.

Unlike most I do not cling to fanciful dreams of a new moneymaker effect. I think that was a one time collective mob / popularity boom. Like silly bands.

So if my pool is literally 15-20 players, what happens when they can dump thousands online in a matter of minutes. They get slaughtered in a day by internet wizards compared to sheered by me for many years.
08-13-2014 , 04:36 PM
Quote:
Originally Posted by Avaritia
Yea I surely think live will always be soft(ish), my main concern is how depleted the live pool might get.

Unlike most I do not cling to fanciful dreams of a new moneymaker effect. I think that was a one time collective mob / popularity boom. Like silly bands.

So if my pool is literally 15-20 players, what happens when they can dump thousands online in a matter of minutes. They get slaughtered in a day by internet wizards compared to sheered by me for many years.
I think you're overestimating how many recreational fish will play online
08-13-2014 , 04:46 PM
Quote:
Originally Posted by diskoteque
I think you're overestimating how many recreational fish will play online
Well that's my exact question. I actually don't think any out of my pool would. They all play for the fun / social aspect of the game. Still, something I'm curious about.

What was live poker like during the boom? My understanding is that it boomed as well? But there were less rooms / States that allowed it or had lol betting caps.
08-13-2014 , 05:08 PM
at the very least, there will be some increased interest because there will be new poker content on television most likely.

I think a lot of recreational players watched poker on tv and it had the "hey that looks like fun I want to try that" effect.

People forget how much BF hurt in that respect because we lost all the ad money for television shows
08-14-2014 , 07:25 AM
[QUOTE=DGAF

Also gonna play plenty of 5-10 SL unless I just can't take it.

[/QUOTE]

Do you have any interest in playing heads up 2-7 nl online for small money. I'm looking for action because I think the game is really fun and interesting. If you or anybody else I know wants to play hit me up and I can set it up on pokerstars homegames.
08-14-2014 , 10:10 AM
Quote:
Originally Posted by Avaritia
Yea I surely think live will always be soft(ish), my main concern is how depleted the live pool might get.

Unlike most I do not cling to fanciful dreams of a new moneymaker effect. I think that was a one time collective mob / popularity boom. Like silly bands.

So if my pool is literally 15-20 players, what happens when they can dump thousands online in a matter of minutes. They get slaughtered in a day by internet wizards compared to sheered by me for many years.
It will be a positive imo. The kids more suited to online will stop playing live (no more light 3bets!) and the live fish won't even know it's legal/it doesn't matter cuz they really just want to get the F out of their houses and flaunt some of their wealth, shuffle some real chips, drink some real alcohol, maybe see some real cleavage here and there...

imo.
08-14-2014 , 10:13 AM
Quote:
Originally Posted by mmix85
Do you have any interest in playing heads up 2-7 nl online for small money. I'm looking for action because I think the game is really fun and interesting. If you or anybody else I know wants to play hit me up and I can set it up on pokerstars homegames.
I'd love to donate to you. Not sure how feasible me playing online is tho (would prob have to be graveyard). I'll pm if I can figure it out.
08-14-2014 , 10:31 AM
Quote:
Originally Posted by mmix85
Do you have any interest in playing heads up 2-7 nl online for small money. I'm looking for action because I think the game is really fun and interesting. If you or anybody else I know wants to play hit me up and I can set it up on pokerstars homegames.
I might be playing live hu or short or possibly fr 2-7 5-10, 5 ante, 500 max bet (so "spread limit") in the next few days. Any ideas on where I could get a quick crash course on the game?

      
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