Poker Goals & ChallengesPost your threads logging your travels up the poker ladder as you achieve your poker goals and dreams. "Challenges" does NOT mean prop bets, wagers, etc.
I invested 7000€ into some Index funds today (in the middle of the economic recession).
What do you guys think? Is this the best or the worst time to invest?
Gotta gamble imo
Quote:
Originally Posted by FazendeiroBH
Yeah, maybe you posted your reasonings for playing shorter and I missed, but with your lifetime wr and so, unless it was a promo rb deal or smth to that line and you needed to autopilot to get the volume going, canīt really understand. Glad you came back to 100bb poker
^ My logic for shortstacking was that 90% of fish are short, while all regs are 100bb+ deep.
Therefore, everytime I'd get it in ~100bb deep it would be vs a reg, which would be ~break even on average with high variance.
Also, most regs study only 100bb and don't really ever study under 50bb and how to play vs limps, so I'd have a big edge on them.
It also helped me achieve higher volume.
However, I've decided to only play 100bb+ deep from now on, since I feel that I've pretty much reached the WR cap for 40bb. I've also overestimated how well regs play when deep.
Quote:
Originally Posted by enzet
Slovakia and Slovenia are back on PS!
Yeah, they came back few days ago
Multitabling is really limited on PS right now, though :/
RB is also low.
I'll keep playing in the PS Home games club for now, since the RB is better, games are softer and for some reason we're allowed to multi-table.
I don't think anyone has a clue what will happen with the markets. It's literal infinite stimulus vs. prolonged 30% unemployment. Unprecedented stuff. I personally have not jumped back in but I wish you luck.
I definitely would suggest to average into the markets rather than plop down everything you want to invest in at once. That way if we fall another 30% you have more money to average down.
I definitely would suggest to average into the markets rather than plop down everything you want to invest in at once. That way if we fall another 30% you have more money to average down.
+1
Especially regarding index funds, I think itīs pretty dangerous to move all at once, both in normal times and in distressed times like right now. Dollar cost averaging over a decent interval (for example, doing it in a way that would take at least 2 years to put all your risk financial assets at work) seems better imho. Maybe avoiding it over any signs of overvaluation/bubble territory, when it happens again, might be a good idea (or maybe not, but Iīd do it myself).
^ I was already all-in on the river. The HH just doesn't say it for some reason
Quote:
Originally Posted by IllSkill
I definitely would suggest to average into the markets rather than plop down everything you want to invest in at once. That way if we fall another 30% you have more money to average down.
Quote:
Originally Posted by FazendeiroBH
+1
Thanks for the advice.
7k isn't even a majority of my money, though. So it wouldn't be the end of the world even if I somehow lost it all. I look at this from more of a longterm point of view. I intend to keep this money invested for 20+ years and by then I should deffinitely make some profit out of it, no matter how many recessions there will be in between. I'll also probably keep investing money like this annually as I'm earning it, so I will be in a way "averaging" into the markets.
^ I was already all-in on the river. The HH just doesn't say it for some reason
Thanks for the advice.
7k isn't even a majority of my money, though. So it wouldn't be the end of the world even if I somehow lost it all. I look at this from more of a longterm point of view. I intend to keep this money invested for 20+ years and by then I should deffinitely make some profit out of it, no matter how many recessions there will be in between. I'll also probably keep investing money like this annually as I'm earning it, so I will be in a way "averaging" into the markets.
That's a really smart way to invest, wp man.
Imo it's way smarter than going nuts over crypto and studying it pretty hard, specially when a poker player does it, time and mental health are worth way more for us and going deep into that area hurts in both areas pretty hard.
Preflop: Hero is BTN with J J
2 folds, CO raises to $0.70, Hero raises to $1.80, SB raises to $2.20 and is all-in, BB folds, CO calls $1.50, Hero calls $0.40
Flop: ($6.80) 9 8 2 (3 players, 1 is all-in)
CO checks, Hero bets $2.04, CO calls $2.04
Turn: ($10.88) 6 (3 players, 1 is all-in)
CO checks, Hero bets $5.44, CO raises to $27.20, Hero folds
River: ($21.76) Q (2 players, 1 is all-in)
Spoiler:
Results: $21.76 pot ($1.08 rake)
Final Board: 9 8 2 6 Q
SB showed J 5 and lost (-$2.20 net)
CO showed 6 6 and won $20.68 ($11 net)
Hero mucked J J and lost (-$9.68 net)
I'm not sure what the rake cap is but H6 I am calling the guy a moron in chat and spitecalling him. That sort of **** tilts me enough that I'm burning a bit of ev to burn a bit of villain's ev.
H6 Iīd say you have to call just to punish the idiot, but yeah, spots like this one are so rare that it isnīt really worth bothering, just fold
Remember the day I did the same play and went all in vs a fish but there I was the one holding the A kicker and the board was J and four 9īs I think. He snap called me with Kx haha
He is supposed to jam every time, I think. It's a situation that is similar to the prisoner's dilemma
I thought about this a bit more, and I guess the response I like most is to call just enough to make his bets slightly -ev. This saves us rake money vs. the spite 100% strat while still constructing an equilibrium where he should pure check.
This is not really like a "normal" gto spot, because in a normal gto spot it's impossible for us deviating to lose him money. But in this case, we can deviate by calling more and cause his strategy to lose ev. It's actually more like ICM spots in sngs/mtts where if someone knows you're spitecalling he'll be incentivized to jam less vs you (because him jamming pure ICM will actually be torching $).
But in practice I think this kind of betting behavior is kinda lame and degenerate so I'm gonna pure call to cost villain the max amount of rake.
Last edited by Duncelanas; 04-30-2020 at 02:05 AM.
I thought about this a bit more, and I guess the response I like most is to call just enough to make his bets slightly -ev. This saves us rake money vs. the spite 100% strat while still constructing an equilibrium where he should pure check.
This is not really like a "normal" gto spot, because in a normal gto spot it's impossible for us deviating to lose him money. But in this case, we can deviate by calling more and cause his strategy to lose ev. It's actually more like ICM spots in sngs/mtts where if someone knows you're spitecalling he'll be incentivized to jam less vs you (because him jamming pure ICM will actually be torching $).
But in practice I think this kind of betting behavior is kinda lame and degenerate so I'm gonna pure call to cost villain the max amount of rake.
The gto solution of that spot is that OOP has to jam and IP has to fold, that's it. IP gains nothing by calling.
The gto solution of that spot is that OOP has to jam and IP has to fold, that's it. IP gains nothing by calling.
Wrong, I think. Poker is an iterated game. Solvers don't generate iterated gto solutions -- but this doesn't usually matter, because usually no matter what we do we can't decrease the ev of the gto strategy (this is, broadly speaking, the definition of a gto strategy).
However, in this case, we can decrease OOP ev by spiting to the point where OOP is incentivized to pure check in future iterations, which will then increase our ev in those iterations. Solvers just aren't equipped to handle these kind of spots.
-----
To give this a more human element, let's say we're playing hu and you get this spot, overbet jam, and I spite you and we both lose rake, plus tell you in chat that in the future I'm going to spite you every time in pure chop spots.
The next time a pure chop spot comes up, what's the ev maximizing play for you? It'll be check. But then I get to check and take half the pot as well. This is because of the weird feature that if you know you're getting spitecalled, your options are 1) jam anyway and we both donate more money to the pokersite or 2) you check and we actually both make more money.
In this spot if you believe you're getting called, it's actually max ev for both of us to purecheck and basically take money for ourselves away from the site. It's a pretty unique feature of these spots though.
Last edited by Duncelanas; 04-30-2020 at 07:12 AM.