Open Side Menu Go to the Top
Register
***Official "It Lives, It Lives" Chat Thread*** ***Official "It Lives, It Lives" Chat Thread***

03-07-2012 , 01:55 PM
Quote:
Originally Posted by AcePlayerDeluxe
Credit Scores are worthless... Jus sayin. Ask me how much credit I had when I bought a house at the lowest interest rate there was at the time.
That's just bullcrap talk...

Unless you're filthy rich, having good credit is super important.

It's like life insurance. If you're loaded with asset, who needs a life insurance? But if you're a broke f*!k, you better get some life insurance or your family is pretty much screwed.
03-07-2012 , 02:13 PM
I had zero credit when I both rented my first place and bought my house. No credit is better than bad credit. And even those with crap credit can rent a place (and even buy a house!)

Having bad credit only means more risk, it does not mean someone wont gamble on you. Good credit just means its easier to buy things we can't afford to pay for with cash.
03-07-2012 , 02:16 PM
Life insurance is designed to fill a gap. When you lose a member of the household that was a contributor to the household income it is important to fill the gap in order to pay your bills.

Comparing life insurance to a credit score is like comparing Durrr to most posters on 2+2.... Not the same.
03-07-2012 , 02:17 PM
Quote:
Originally Posted by SeaUlater
That's just bullcrap talk...

Unless you're filthy rich, having good credit is super important.

It's like life insurance. If you're loaded with asset, who needs a life insurance? But if you're a broke f*!k, you better get some life insurance or your family is pretty much screwed.
Every time I see your username I think of the Bo Burnham song "New Math".
C-A-L-C-U- later(calculator!)
Doopdedoop. Goin to meet gf for lunch, then gonna try to play 6+ hours. Yuck!
03-07-2012 , 02:18 PM
Apparently guys got mad at me in elecbro thread because he stopped his KQs utg thread at a preflop decision. Which is pretty dumb imo, anything in the phil hellmuth range is an auto raise for any of us.
03-07-2012 , 02:20 PM
Quote:
Originally Posted by AcePlayerDeluxe
I had zero credit when I both rented my first place and bought my house. No credit is better than bad credit. And even those with crap credit can rent a place (and even buy a house!)

Having bad credit only means more risk, it does not mean someone wont gamble on you. Good credit just means its easier to buy things we can't afford to pay for with cash.
One-offs do not make a case. You were probably fortunate under whatever circumstance, but not having credit for most people is a pretty bad handicap.
03-07-2012 , 02:21 PM
@pokah Its a legit question given the table dynamics, most of the time its an autoraise. But to a avg. player in these forums its a questionmark. I think it was just the way you initially posted that irked people.
03-07-2012 , 02:21 PM
I don't raise KQs utg
03-07-2012 , 02:21 PM
Quote:
Originally Posted by AcePlayerDeluxe
Life insurance is designed to fill a gap. When you lose a member of the household that was a contributor to the household income it is important to fill the gap in order to pay your bills.

Comparing life insurance to a credit score is like comparing Durrr to most posters on 2+2.... Not the same.
May not be the best example, but my point was that if you're not filthy rich, you need both.
03-07-2012 , 02:27 PM
Quote:
Originally Posted by LolPony
I don't raise KQs utg
Never? Its only 4 combos of KQs I think its a great hand.
03-07-2012 , 02:39 PM
Quote:
Originally Posted by Pay4Myschool
@pokah Its a legit question given the table dynamics, most of the time its an autoraise. But to a avg. player in these forums its a questionmark. I think it was just the way you initially posted that irked people.
I just thought its an autoraise. KJs is autoraise for me utg. You probably open fold we have 2 different styles.

Op said its a loosepassive table and loose aggressive post not pre. You want to be raising all decent suited tp hands.
03-07-2012 , 02:42 PM
Quote:
We are both bleeding chips at a table we should be destroying. No significant pots versus each other.
This. Glad to hear you got unstuck. I can now confirm the legendary mpethy runbad. I failed to collect the bounty, and prob shipped mpethy about $20 in various small pots I shouldn't have play looking for the chance.

I had PP's about a dozen times last night and c/f all but first and last one when no set and significant action in front.

First was overpair QQ and I shipped a total donk half a stack, because his line was so weird that even though I thought I was beat, I ended up calling river min-raise on a drawy board because line just didn't fit straight or flush. He had a rivered boat...

Second was last hand of the night, when I raised 33 and flopped quads against two lagtards. Both check flop and I check behind. Both check turn and fold to my "stab." sigh.

If it wasn't for the hand mpethy posted above, would have been a losing session for me, and the tables were SOOO juicy with multiple loose aggrotards with big stacks at both tables we played.
03-07-2012 , 02:46 PM
Quote:
Originally Posted by SeaUlater
One-offs do not make a case. You were probably fortunate under whatever circumstance, but not having credit for most people is a pretty bad handicap.
I think you are mistaking no credit for bad credit. They are not the same, not even remotely so. In fact no credit has a lot more in common with good credit. Anyone who has a blemish will be looked at, but they are in no way at a huge handicap that they can't overcome or find a loophole. My dad probably has the worst credit in the world, yet creditors are knocking on his door everyday to collect money and to let him know he is approved for a new loan. The idea that you need to be filthy rich is false. What you need to do is be smart with your money. Just so happens that the filthy rich are the guys who are the smartest when it comes to money.
03-07-2012 , 02:49 PM
Quote:
Originally Posted by SeaUlater
You do realize that you won't be able to rent if your credit is shot?

Not saying it is more important to pay your credit card bill, but I am saying that paying rent slower in most instances have less consequence than paying credit card(s) slower.
I don't think so Tim.

Having a good recommendation from your previous renter >>> good credit score
03-07-2012 , 02:52 PM
Quote:
Originally Posted by PokahBlows
Never? Its only 4 combos of KQs I think its a great hand.
Short handed I will, not full ring though.
As people in my games never 3b AQ AK. (obv some do, I'd say like 85% don't- probably more)
03-07-2012 , 02:56 PM
Quote:
Originally Posted by LolPony
Short handed I will, not full ring though.
As people in my games never 3b AQ AK. (obv some do, I'd say like 85% don't- probably more)
I fail to see how this is a reason to not raise KQs UTG

I mean folding KQs isn't that bad, I just don't do it

by "not that bad" I mean it is probably about EV neutral
03-07-2012 , 02:59 PM
Q5cc hand, btw, was targeting V from the QQ hand. He was a pay off wizard, so I started overlimping any pot he limped into with any vaguely playable hand. Wouldn't usually have played Q5s, even OTB and for a limp, but I guess it worked out. I was sure mpethy was posting "WTF is Garick doing playing that crap?" when he picked up his phone and started typing as pot was being pushed.
03-07-2012 , 03:01 PM
Quote:
Originally Posted by 11t
I fail to see how this is a reason to not raise KQs UTG

I mean folding KQs isn't that bad, I just don't do it

by "not that bad" I mean it is probably about EV neutral
Vs droolers who play QJ/Q10/Q9/K10/KJ, any pair any suited connector?
03-07-2012 , 03:07 PM
Quote:
Originally Posted by Garick
Q5cc hand, btw, was targeting V from the QQ hand. He was a pay off wizard, so I started overlimping any pot he limped into with any vaguely playable hand. Wouldn't usually have played Q5s, even OTB and for a limp, but I guess it worked out. I was sure mpethy was posting "WTF is Garick doing playing that crap?" when he picked up his phone and started typing as pot was being pushed.
Keep making excuses for your horrible play buddy.
03-07-2012 , 03:26 PM
Ronald lee is at the feature bay101 table, its the guy that ivey tried to 4bet bluff with ahuge stack with A10 in the wsope. That guy is awesome,lol.
03-07-2012 , 03:27 PM
Quote:
Originally Posted by 11t
I fail to see how this is a reason to not raise KQs UTG

I mean folding KQs isn't that bad, I just don't do it

by "not that bad" I mean it is probably about EV neutral
Because I don't like playing oop I guess.
What happens when board is Q52 and you get raised otf? Are you just b/f every street? Say we cbet and get two callers, then turn is a T, J, 9 still b/f?
(same argument can be made for AK AQ AJ). I just don't like playing bloated pots oop(especially since when you raise UTG it's almost always going to be 3-4 to the flop) with 1p hands as we're very rarely getting 3 streets of value (unless complete drooler, even then we should be IP against him iso'ing all day)
03-07-2012 , 03:52 PM
Played in my friends .10/.20 game last night. Never hit a big hand but finished up 3 BIs. Had a n00b there who is a casino "regular"...somewhere. I had position on him and his buddy and just owned them.

Bad beat: woke up at 5 am with a fever and chills. Picked up the flu a day before my big basketball banquet. Feeling a little better - hopefully I am recovered enough to go tomorrow. Heck, I am the MC.
03-07-2012 , 03:59 PM
Quote:
Originally Posted by AcePlayerDeluxe
I think you are mistaking no credit for bad credit. They are not the same, not even remotely so. In fact no credit has a lot more in common with good credit. Anyone who has a blemish will be looked at, but they are in no way at a huge handicap that they can't overcome or find a loophole. My dad probably has the worst credit in the world, yet creditors are knocking on his door everyday to collect money and to let him know he is approved for a new loan. The idea that you need to be filthy rich is false. What you need to do is be smart with your money. Just so happens that the filthy rich are the guys who are the smartest when it comes to money.
Well, I am grinding now, else I would post a longer and more detailed response.

Few misconceptions in your post. First is that "no credit" is nowhere near the same as "good credit."

It may not be as bad as bad credit, but you won't be able to do much without credit history. There are workarounds of course, but in most cases you will be paying an arm and a leg in deposit, or have interest rate nearly as high as bad credit.

Forgot mortgages, even during the housing boom when lenders were practically giving money away with a signature, people with no credit are regarded the same as near sub-prime borrowers.

As for your dad, bad credit is like a magnet. If they think there is room for you to borrow more and pay higher interest, these credit sharks will come after you like raw meat.

There is a simple reason why it's easier for an 18 years old kid to get a credit card than a 30 years old man with zero credit history.

I am by no means a true expert, so I suggest you to do your own research.

Credit does makes life easier.
03-07-2012 , 04:04 PM
Quote:
Originally Posted by SeaUlater

I am by no means a true expert, so I suggest you to do your own research.
Trust me, I have.
03-07-2012 , 05:32 PM
Without regards to the players, what's your favorite seats at the poker table?

My favorite seats are 3/7.

      
m