Started with a $1/$2nl challenge, now we're here. - Page 398 - Poker Blogs and Goals -- Two Plus Two Poker Forums

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Started with a $1/$2nl challenge, now we're here.

View Poll Results: SO WHAT DO YOU THINK IS A REALISTIC ANNUAL EARNING OF AN "A" PLAYER GRINDING $1/$2NLHE?

LESS THAN $22K

397 12.73%

$22K TO $28K

456 14.62%

$28K TO $34K

506 16.22%

$34K TO $40K

530 16.99%

$40K TO $46K

298 9.55%

MORE THAN $46K

932 29.88%

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Page 398 of 696

First

198 298 348 378 388 393 394 395 396 397 398 399 400 401 402 403 408 418 448 498 598

Last

02-03-2020 , 02:18 PM

#9926

johnny_on_the_spot

Carpal \'Tunnel

Join Date: Jun 2013 Posts: 11,665

Quote:

Originally Posted by ButterflySymmetry

Oh and on the credit split...

fair enough, i read it was different

Quote

02-03-2020 , 02:33 PM

#9927

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by ArBar

Rayz you are so insufferable and unintelligent.

Bet 500 on first bet. Bet 400 on opposite outcome.

Guaranteed money. Can you work out the dollar value of the guaranteed money if the probabilities are all 1/2 and there is no vig?

We have an example! Not a great example because still not seeing GUARANTEED money.
best case you’re +$50 OVERALL. Mayb I am unintelligent?

Best case you’re +$450 (10%juice) on your 1st bet and losing -$400 on 2nd.
worst case, losing first bet and receive 500 credit and winning +360 (10% juice) on 2nd. Then what? Split the 500 credit? U lose

Last edited by ButterflySymmetry; 02-03-2020 at 02:38 PM.

Quote

02-03-2020 , 02:33 PM

#9928

ArBar

adept

Join Date: Aug 2010 Posts: 1,106

Lol no. That's the wrong number buddy. Try again to solve the question asked.

Quote

02-03-2020 , 02:41 PM

#9929

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by ArBar

Lol no. That's the wrong number buddy. Try again to solve the question asked.

Since I’m insufferable just give me the hypothetical example I been asking. Start to finish w credit and everything. Use any dollar amount u wd like.

Please note:
•U only get credit on first bet if u lose.
•Credit can’t be cashed out. Has to be used to place a bet.

Quote

02-03-2020 , 02:47 PM

#9930

ArBar

adept

Join Date: Aug 2010 Posts: 1,106

Quote:

Originally Posted by ButterflySymmetry

Bet 500 on outcome A.

Bet 400 on outcome not A.

A occurs: 500-400=100

A doesn't occur. Lose 500. Get 500 credit. Split 500 credit to get 250. Win 400 from betting on not A. Total is -500+250+400=150

This is extremely basic.

Quote

02-03-2020 , 02:56 PM

#9931

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by ArBar

Very basic.
Your initial investment is $900 (500+400).

A doesn't occur. Lose 500. Get 500 credit. Split 500 credit to get 250. Win 400 from betting on not A. Total is +250 +400 = +650. Negative -$250 lost overall.

Quote

02-03-2020 , 02:59 PM

#9932

Kelvis

banned

Join Date: Dec 2013 Posts: 8,737

OP knows best guys why are you even trying

Quote

02-03-2020 , 03:01 PM

#9933

johnny_on_the_spot

Carpal \'Tunnel

Join Date: Jun 2013 Posts: 11,665

Quote:

Originally Posted by ButterflySymmetry

-500 (initial bet)
+250 (win from splitting comp)
+400 (win from initial bet)

that's a +150 profit.

kinda glad you don't teach kids anymore...

Quote

02-03-2020 , 03:02 PM

#9934

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by johnny_on_the_spot

your EV is the same for 1 v 2 players

1 player:

50% 500 win

50% 500 lose => 100% 250 win

[(.5)(500) + (.5)(250)]/1 player = 375 per player

2 players:

100% 500 win

100% 500 lose => 100% 250 win

[(1)(500)+(1)(250)]/2 players = 375 per player

give me an example without using some formula w 1 player that shows I can win guaranteed money. Anyone

Quote

02-03-2020 , 03:03 PM

#9935

ArBar

adept

Join Date: Aug 2010 Posts: 1,106

Quote:

Originally Posted by ButterflySymmetry

Lol. You are really bad at math.

Lost 500: -500
Get 500 credit which yields 250: +250
Won 400: +400

Result is +150.

900-650 is wrong as hell lol.

Quote

02-03-2020 , 03:05 PM

#9936

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

You’re right

Quote

02-03-2020 , 03:07 PM

#9937

ArBar

adept

Join Date: Aug 2010 Posts: 1,106

Quote:

Originally Posted by ButterflySymmetry

How much did u start w? 900 right.
How much did u win on bets? I’m seeing $400 on one winner and $250 on the other = $650

Do the math. It’s not hard.

You get your 400 back from the 400 bet. When you win you get the wagered amount + 400. You get 800 back.

Quote

02-03-2020 , 03:11 PM

#9938

johnny_on_the_spot

Carpal \'Tunnel

Join Date: Jun 2013 Posts: 11,665

Just because you quoted me and told me to “do the math. it’s not hard”

Quote

02-03-2020 , 03:13 PM

#9939

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

I’m an idiot for not including the initial $400 bet.

So best case using 1 player is +$115 (juice included).
Worst case +$50 (juice included)?
I just wanted an example and @Arbar gave it to me. Thank u.

Quote

02-03-2020 , 03:17 PM

#9940

tgiggity

Pooh-Bah

Join Date: Oct 2016 Posts: 5,795

this is like a bad comedy skit that's gone on too long

Quote:

Do the math. It’s not hard.

*does the math*

Quote:

give me an example without using some formula

Quote

02-03-2020 , 03:24 PM

#9941

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

My bad geniuses. I stand corrected. Trying to battle w u guys and play cards got me twisted. I was wrong and you guys are right.

Still like doing w Sara (2 people) because I think I make more profit than what I wd using just me since I don’t hv to split w her. Can bet the max $500 on both sides. Correct me if I’m wrong.

I put up the 1k. I’ll take her out to eat tho

Quote

02-03-2020 , 03:30 PM

#9942

Kelvis

banned

Join Date: Dec 2013 Posts: 8,737

Why would you risk getting your money seized because you're colluding with an account that is under a name that is literally also your last name? Sure they say you can bet anything you like, but they also didn't say they wouldn't seize your money the second you breach T&C.

Quote

02-03-2020 , 03:32 PM

#9943

ALLNITSGOBROKE

grinder

Join Date: Jun 2017 Posts: 558

Quote:

Originally Posted by Alpha Fish

update didn't disappoint

You need a life of your own you miserable nit LOL. Ray, get your health in order asap!

Quote

02-03-2020 , 03:37 PM

#9944

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Because ima utter idiot.
Thought it was genius to make this play using 2 people. Didn’t even think of how 1 person cd do it. Didn’t think it was possible.
Although lot less suspicious using 2 working together than 1 person betting both sides of a game in back to back bets.
U guys are geniuses after all. I’m staying w u for now.
Formal apologies to @Johnny @Arbar and everyone itt. Keep on keeping me on my toes. Need ya guys. I shd give myself a 2 weeks timeout but I think u guys enjoy the comedy. So gonna stay and take punishment like a man.

Last edited by ButterflySymmetry; 02-03-2020 at 03:43 PM.

Quote

02-03-2020 , 04:27 PM

#9945

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Our $976 wd from account 1 has been initiated.

500 Credit has been issued into account 2.

It’s comes down to see if they will really allow me to split and bet both sides. Picking a game later today.

Quote

02-03-2020 , 04:44 PM

#9946

gh0ulpatrol

grinder

Join Date: Jan 2020 Posts: 450

Quote:

Originally Posted by ButterflySymmetry

It’s comes down to see if they will really allow me to split and bet both sides. Picking a game later today.

Did you read through the T&C? I'm just reading through it, and I see a couple of things you may have overlooked, including:

Quote:

in order to withdraw from your Sportsbook Account any winnings generated from wagers placed using your Promotion Bonus, your must first use your Sportsbook Account to wager on any non-Excluded Wagers an amount equal to the aggregate amount of your awarded Promotion Bonus (“Play-Through Requirement”)

So there's a play through. If you bet on both sides of a game, you'll end up with around $225 in your account with a play through of $500.

And of course there's a few "don't abuse the promo" rules that you'll find in any T&C:

Quote:

BIU reserves the right to refuse or otherwise restrict your eligibility to participate in any Promotion for any reason, in our sole discretion, including based on your wagering patterns or wagering history or if you failed to take advantage of any previous Promotion in good faith

Quote:

No groups, clubs, corporations, companies, partnerships, or organizations may participate in this Promotion

So, you'll likely get away with it but it shouldn't surprise you if they decide to not let you/your wife bet with them in the future.

Quote

02-03-2020 , 05:10 PM

#9947

Masq

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 15,027

Have you not heard of matched betting before?!

Quote

02-03-2020 , 05:31 PM

#9948

Alpha Fish

Pooh-Bah

Join Date: Aug 2008 Posts: 3,917

fwiw FD largely don't care about those shenanigans they rightly figure most people will just keep betting till bust after abusing the bonus

Quote

02-03-2020 , 05:49 PM

#9949

johnny_on_the_spot

Carpal \'Tunnel

Join Date: Jun 2013 Posts: 11,665

this is a lot of effort to go through for what will ultimately be ~$75

the convergence is approximately at $380 for the 2nd bet. that will net either a win of 74.55 or 72.72, assuming your bets are both -110