Pretty sure Doug explains in detail why this is false.
No, he explains why the other guy calling the turn makes it less likely.
The other guy doesn't only call with the ace of clubs, it's just a common card for him to have.
When robl has it though, usually in the form of AQ or AJ, if anything he should be more inclined to stick it in since, if dougs assumptions are correct, it implies that the number of bare aces : actual flushes in his range is lower.
Surprised no mention about the river sizing. if stacks were deeper I'm guessing the recommendation would not be for 60%... raises an interesting question about bet sizing that's often neglected.
Bear in mind that Michael Buffer (via "Ready To Rumble, Inc.") has the phrase "let's get ready to rumble" registered as a trademark, both for any printed goods and as a spoken phrase for promotions, advertising, etc. Here is just one of the trademarks: https://trademarks.justia.com/757/01...-75701343.html
On the other hand, Bruce Buffer doesn't seem to have a similar trademark on the phrase "It's Time," either because he didn't bother or he couldn't get one (short phrases have a hard time getting copyrights because they are generally not distinct enough).
Thus, Bruce can use his "it's time" catchphrase much more freely than Michael can throw out "let's get ready to rumble."
They are brothers, but they didn't know it until later in life. It was Bruce who got Michael to trademark the phrase.
One of the funnier things I saw when I was in Vegas in 09 was Bruce holding up his table during the Main Event to run down a camera man to let him know that he was all in.
Anybody have an idea how much these poker/crypto guys lost in crypto? A ton had to jump in between last fall and now, and that those buys are all losers now. Anyone have any figures, or rumors of DougPolk's or other poker player losses here (or of those who cashed out big winners).
Quote:
Originally Posted by SrslySirius
Why do you assume that a ton of poker players bought at the top? Most poker players I know have been into crypto for at least a few years and are still up 5-20x. Even if you bought bitcoin just one year ago, you're up like 40% right now.
Poker players are one of the few groups that had a practical use for cryptocurrency, especially high stakes players. So a lot of them happened to be early adopters without even having considered the future price.
That last 40% has now just about been completely wiped out.
SrslySirius wrote the above this past August after Bitcoin had fallen from its December high of $19,666 to a low of $6,193 on August 14, 2018. Well, Bitcoin has fallen quite a bit since then and as of this morning, Nov. 20th, Bitcoin hit a new low of $4,237, and is currently trading at 4,641, roughly in the range it was trading in at the end of August 2017.
Doug posted a funny video back in June titled Bitcoin Is Crashing (And That's A Good Thing) just after he lost his $10k bet that Bitcoin wouldn't fall below $6k by the end of 2018, and noting that he had a third of his net worth in crypto. I wonder if he'll now post an addendum to that video. If it was "crashing" at $6,000, what will he call it if/when it falls below $4,000.
The previous big dip slashed 80% of the price of the highest point and lasted 3 years before fully recovering. For this one to be the same it would have to come down to $3,8k, so it's close. Very very close.
The bulk of Doug's videos came around the top. He's a hypocritical, uneducated manchild who arrogantly thought his aptitude in poker made him an authority on other things. He was in a position to help people come to their senses, but instead he stoked the flames that burned lots of people. His "this is not investment advice" disclaimers were plainly sarcastic. He's every bit as culpable for the losses he inflicted as CryptoNick and Trevon James were.