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06-24-2014 , 04:07 AM
I think I'll start a seperate thread rather than hijack the ipoker one , thanks for the comments chaps and good luck at the tables
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06-24-2014 , 04:15 AM
this post was a bit premature ,from August 2008

http://forumserver.twoplustwo.com/sh...d.php?t=285694

Last edited by clarkatroid; 06-24-2014 at 04:26 AM.
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06-24-2014 , 12:43 PM
Quote:
Originally Posted by clarkatroid
I think I'll start a seperate thread rather than hijack the ipoker one , thanks for the comments chaps and good luck at the tables
I have a few questions too if you don't mind! It sounds like your doing exactly what I'm looking to get into. You mind if I ask you some questions in the old thread you've linked? (unless you're planning on starting a new thread?) or I could pm you?
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06-24-2014 , 01:56 PM
Quote:
Originally Posted by clarkatroid
I think I'll start a seperate thread rather than hijack the ipoker one , thanks for the comments chaps and good luck at the tables
Yeah please start a new thread as want to get into the same and very interested in what you have done!
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06-24-2014 , 03:01 PM
Quote:
Originally Posted by clarkatroid
i have 3 terraced houses in blackpool and 3 flats in cleveleys area, and enough for 1 or 2 more, bought them all at auction over last 18 months for cash. realising that my poker career was on borrowed time I wanted to start building a steady alternative income (buying at auction is a right buzz btw plus I got some nice prices )

your right chirpy Poker players can't get mortgages which is a bummer because I've got a taste for it now . mortgage laws have changed and you can only borrow in relation to your "taxable income" so I'm hoping to gear up after I've got a full years accounts submitted

fwiw I paid between 46k and 68k for the houses and 144k for the flats. My plan has been targeting high rental yield exclusively. after renovations the houses are returning 9.5% -10% gross return and the flats 12.9%. my total gross income is now Ł731pw and when it hit that amount a couple of weeks ago I quit pokers as thats enough for me to live reasonably well on.

the biggest surprise was that finding tenants has been the easiest part, I read there was a housing shortage and certainly seems true , in my area anyways .

had a few problems with tradesmen doing them up tbh and I've made some mistakes but all in all have really enjoyed it

fwiw I'm finding it a little strange having having no poker bankroll for the first time since 1999
Thanks for the info Clarky, would be interested to follow a spin off thread on it too
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06-24-2014 , 05:46 PM
if you have 100% equity in your properties there must be lenders you can access to leverage
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06-25-2014 , 04:30 AM
Just thought I would chirp in here as I have done a fair bit with property. Firstly, it actually a myth that you can't get a mortgage on your own home with just poker income. I managed in 2011, long after you weren't allowed to self certify income. It did require me to get an accountant to do 5 years of accounts for my poker playing (only 3 years were asked for but I thought I would do more to help the process). Obviously not all lenders accept this and you need a very good mortgage broker.

Like the road you have gone Clark, but you really need to be leveraging debt against your properties. Enquire about mortgages, try BM solutions and the mortgage works. U might be right and need to be a home owner, but I know these two companies don't require you to have taxable income for BTLs. Actually, since you have taxable you can probs get the remortgaged with a variety of lenders. Either way, it's well worth doing to get better yields.
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06-25-2014 , 04:17 PM
Quote:
Originally Posted by babaar
I have a few questions too if you don't mind! It sounds like your doing exactly what I'm looking to get into. You mind if I ask you some questions in the old thread you've linked? (unless you're planning on starting a new thread?) or I could pm you?
I'll start a new thread mate, and I'll post a link here.
any advice on where should I start it, I think msnl even though it's off topic because it's about life after poker for msnl grinders ?
or investing?
or nvg(ugh)
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06-25-2014 , 09:32 PM
maybe a mod' can advise?
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06-26-2014 , 02:59 AM
geeforce - what do you think of ipokers new changes to the games? where have you been last bunch of months? will you be taking your business to poker stars now?
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06-26-2014 , 10:39 AM
Quote:
Originally Posted by gwai lo
geeforce - what do you think of ipokers new changes to the games? where have you been last bunch of months? will you be taking your business to poker stars now?

What I think is that the majority of the poker community are happy to bleed the games dry, offering nothing back, then complain when this happens. Blackkbatman and I are always arguing in the chat, mainly because I despise his antics towards casual players and regs alike. This happens and he wants me to kiss and make up, with the intention of using me to organise something on here to protest the changes. Ppl just don't get it.

If party have proved that their revenue has increased by getting rid of the higher limits then ipoker will/should follow. Very few of us kept higher games going when there wasn't a mark. Do I like it? No. All I can do is fully move or play lower. 1k is my nemesis over the years, 600nl and over 1k fine so I will give it 2/3 months then decide.

This isn't a situation that a mass sit out, as proposed by Blackkbatman and a few others, is going to work. Sufficient regs taking an hour out the day to block seats, that regenerate when tables fill, for multiple sessions, at the same time of the day. Please.

As for where I have been, well obv BurnN0tice and now I am fred3x. It's never been a secret. I have played less tho.
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06-30-2014 , 05:18 PM
Interesting that the thread has derailed to property. As this is a major interest of mine as well and having played poker full time for the last 6/7 years I am naturally moving away from playing full time and into property management and renovation.

I live in Glasgow, Scotland and bought my first flat as a Buy to let investment (BTL) 6 years ago. Then as Geeforce mentioned you could self certify a mortgage and get a 80% LTV from a variety of lenders. Now it isn't the case, self certifying is not an option anywhere. Now 6 years on I have 7 flats and 2 houses. Some of them were cash buys and some of them have mortgages. Ive been married for 4 years so we get mortgages as a couple. This is pretty straight forward as you can borrow up to 5 times your salary and the highest I have bought a flat for is Ł120k. So it is an option for poker players to get mortgages.....but it needs to be a joint mortgage relying on the other persons taxable income.

As Clark was mentioning BTL investing is about aiming for the best yield in an area which you feel has an opportunity for capital growth. A lot of my flats are in the East End of Glasgow which recently has through massive regeneration with the Commonwealth games coming this summer. New train stations have been built, derelict areas built up and the Emirates Arena and Sir Chris Hoy Velodrome have been built. In Glasgow and surrounding there are also over 60,000 in 4 Universities and another 40,000 students in the 10 colleges. Thus I have found not only are the property prices rising but in all of my properties I have never had an empty period and there is huge demand.

For me the key to investing is to know the area, know the rental market and to build up and network of trusted tradesmen. Aim for a gross rental yield of 8-10% and invest in an area that you feel has capital growth potential.

Moving forward for me it is setting up a letting agency with my flats already owned as the starting point. Property sourcing and renovation (already done for two friends) and poker on the side.
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06-30-2014 , 05:28 PM
Quote:
Originally Posted by smellmuth
if you have 100% equity in your properties there must be lenders you can access to leverage
Yes but this is calculated on your taxable income ie salary. No lenders will consider an application without 3 months wage slips
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07-01-2014 , 01:44 PM
popping out now, but mine wasnt a self cert. it was after that came in.apparently the rules have changed again now, but my mortgage guy 3yrs ago was great
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07-03-2014 , 06:06 PM
IPoker, $1/$2 No Limit Hold'em Cash, 6 Players
Poker Tools Powered By Holdem Manager - The Ultimate Poker Software Suite.

SB: $200 (100 bb)
Hero (BB): $270.75 (135.4 bb)
UTG: $242.55 (121.3 bb)
MP: $266.25 (133.1 bb)
CO: $200 (100 bb)
BTN: $166.80 (83.4 bb)

Preflop: Hero is BB with 2s 4c
UTG raises to $6, MP folds, CO raises to $18, 3 folds, UTG calls $12

Flop: ($39) Ac 5s 2c (2 players)
UTG checks, CO bets $22, UTG calls $22

Turn: ($83) 7c (2 players)
UTG checks, CO bets $46, UTG calls $46

River: ($175) 5d (2 players)
UTG bets $156.55 and is all-in, CO calls $114 and is all-in

Results: $403 pot
Final Board: Ac 5s 2c 7c 5d
UTG showed As Qh and won $200
CO showed Kh Ah and won $200
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07-03-2014 , 07:16 PM
Quote:
Originally Posted by Goooosey
Yes but this is calculated on your taxable income ie salary. No lenders will consider an application without 3 months wage slips
also there is zero **** way you can't find a lender when you have 100% equity in a property to lever out to 50% LTV or something.
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07-03-2014 , 08:36 PM
Quote:
Originally Posted by smellmuth
IPoker, $1/$2 No Limit Hold'em Cash, 6 Players
Poker Tools Powered By Holdem Manager - The Ultimate Poker Software Suite.

SB: $200 (100 bb)
Hero (BB): $270.75 (135.4 bb)
UTG: $242.55 (121.3 bb)
MP: $266.25 (133.1 bb)
CO: $200 (100 bb)
BTN: $166.80 (83.4 bb)

Preflop: Hero is BB with 2s 4c
UTG raises to $6, MP folds, CO raises to $18, 3 folds, UTG calls $12

Flop: ($39) Ac 5s 2c (2 players)
UTG checks, CO bets $22, UTG calls $22

Turn: ($83) 7c (2 players)
UTG checks, CO bets $46, UTG calls $46

River: ($175) 5d (2 players)
UTG bets $156.55 and is all-in, CO calls $114 and is all-in

Results: $403 pot
Final Board: Ac 5s 2c 7c 5d
UTG showed As Qh and won $200
CO showed Kh Ah and won $200
just in case this is too subtle for you guys this pot got chopped between AK and AQ on A5275...........
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07-03-2014 , 08:46 PM
wtf ^^^ kickers dont come into play on ipoker!
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07-04-2014 , 04:37 AM
Quote:
Originally Posted by smellmuth
also there is zero **** way you can't find a lender when you have 100% equity in a property to lever out to 50% LTV or something.
Its not something that is possible unfortunately, each mortgage is based on taxable income and not assets.

I have heard of private banks who lend to clients with "unusual earnings" ie gambling. But criteria is to have more than Ł500k in assets before they even consider your application. One in Glasgow is called Adambank.
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07-04-2014 , 07:28 PM
E-mailed support about that AK vs AQ hand.

they're still inquiring about it no refund as of yet. Was staring at the hand history for a good two minutes wondering how it was a split pot .
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07-04-2014 , 07:32 PM
Hi guys,

Ipoker on my PC uses a lot of memory, way more than any outher software or holdem manager itself. I can still play but I can t use any outher program (like HM) while I m playing. I never played much on ipoker, so I need to ask, is the software just that bad or there is something wrong with my instalation?
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07-04-2014 , 09:48 PM
Sw just that bad.
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07-10-2014 , 11:53 PM
Anyone know a way to raise by small blind incretments besides betpot?

thank you
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07-13-2014 , 07:47 AM
Quote:
Originally Posted by quickwarning
quick warning:

I used a bit of software that allowed me to circumvent ipoker security so that I could play on both ipoker 1 and ipoker 2 at same time on the same computer (absolutely no colluding or cheating going on). Just got banned and accounts forfeited for:

16.3 You shall not interfere with, modify or reverse engineer any software provided to You by us and/or any third party or attempt to do so, except as permitted by law.

Didn't have much on there but thought you guys should know. Been doing it for a while but they are having none of it now. Guess I should have used computer and laptop instead. oh well
confirmed not just me, ban hammer coming down on a bunch of people so far
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07-14-2014 , 12:31 PM
Any reputable, "safe" skins for ipoker 1 to recommend?

thank you
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