Open Side Menu Go to the Top
Register
Brian & Barry's prop bet Brian & Barry's prop bet

07-21-2007 , 03:56 PM
Quote:
I read it as

Barry pays brian 10% of any prize that any ZeeJustin wins
Barry pays brian 10% of any prize that Sorel wins

Brian pays barry 20% of any prize that Barry wins
FYP
Brian & Barry's prop bet Quote
07-21-2007 , 04:03 PM
1. The bet started slightly differently than Brian said. He was remarking how online players are better than live players. I said that, actually, he was poised to be the first to beat the high stakes winners in their environment. It helped that we were playing his two best games. None have yet to make a successful splash in the mixed games. The reason: to get to the top you need to play against top competition, not just log a lot of hours.

2. I mentioned that the two biggest online winners on Full Tilt were first successful live players before they took on all comers at online poker. (Patrik Antonius and Phil Ivey are the two biggest winners. The limit games aren’t tracked well, but I have insider information.)

3. He said that online players were taking the tournaments by storm. I said there are a lot of them, but I haven’t noticed one that rates to do as well as I have in WPT events, where the fields are tougher than WSOP events. (I haven’t checked, but I would think I have made the second day and cashed in more WPT events than anyone else since I started going to the majority of them in Season Two.)

4. People talk about how many hands the online players play. It reminds me of spending hours practicing a bad golf swing. In poker, the hours you spend playing are worth something, but the hours you spend analyzing hands are more important. I have spent more time thinking about poker than the younger players. If you pick specific players who you think will do well this next year, you will see some of them airball the major tournaments. I will be in tournaments late, and I will make a WPT final table in the next year.

5. Brian and I both came to the same conclusion: the argument about live vs. online is just a statement about the age of a player. It is already becoming the case that virtually all serious new players are getting the majority of their training online. I actually agree that online players are on average better than live players, because it is closer to saying that serious players are better than casual players.

6. The word gets out on how to counter the strategy of successful players. Sophomore slump is real in tournament poker. Some players get away with murder until the field sees what they are doing. To be consistent for a number of years, you have to be good and you have to adapt.

7. I’m sure some of the young players will pass me up, since they are getting better and I am declining as I get older. Any other online wizards can meet me at WPT events for some sporting action. (Brian declined to bet on himself, by the way.)


Barry
Brian & Barry's prop bet Quote
07-21-2007 , 04:19 PM
Quote:
I actually agree that online players are on average better than live players, because it is closer to saying that serious players are better than casual players.
this to me is the most important thing in the online/live debate. While the top 1-2% of live players may be better then the top 1-2% of online players (this will still be argued by some), if you go into a casino and randomly pick someone playing 5-10 and go on full tilt and randomly pick someone playing 5-10, my money will be on the online player to destroy him. Granted theres some variance in doing this but the more times we picked, the more I would win

the only thing that bothers me in the debate is when live players refuse to acknowledge this
Brian & Barry's prop bet Quote
07-21-2007 , 04:38 PM
Wow thanks for the post.

Didn't PA start online?
Brian & Barry's prop bet Quote
07-21-2007 , 04:45 PM
Patrik first played live, but built his BR and his poker game through internet poker.


Barry, you say that NLHE and PLO are Brian's two best games. It could easily be argued these are the two most skillful forms of poker, if the term "skillful" is classified as:
-Edges vs opponents are most easily exploited
-It takes the least amount of hands played to actually take much from results
-Edges come from reading and adapting to your opponents, not just having a better understanding of intricacies of a game that few others regularly play
Brian & Barry's prop bet Quote
07-21-2007 , 04:47 PM
Quote:


2. I mentioned that the two biggest online winners on Full Tilt were first successful live players before they took on all comers at online poker. (Patrik Antonius and Phil Ivey are the two biggest winners. The limit games aren’t tracked well, but I have insider information.)

Barry
In the case of Patrik Antonius you are wrong. He was one of the top limit players online for years, and played the highest stakes available. So Antonius was a winning online player that became a winning live player not the other way around.
Brian & Barry's prop bet Quote
07-21-2007 , 05:09 PM
Quote:
[In the case of Patrik Antonius you are wrong. He was one of the top limit players online for years, and played the highest stakes available. So Antonius was a winning online player that became a winning live player not the other way around.
Obviously, you don't know Patrik. He was a successful live player in Finland for three years before he touched the Internet. Like a lot of talented Scandanavian players, he found it was more comfortable and lucrative to stay home and beat up on the rest of the world, than to go out in the cold and dark of winter and fight among themselves.

Barry
Brian & Barry's prop bet Quote
07-21-2007 , 05:20 PM
Quote:
1. The bet started slightly differently than Brian said. He was remarking how online players are better than live players. I said that, actually, he was poised to be the first to beat the high stakes winners in their environment. It helped that we were playing his two best games. None have yet to make a successful splash in the mixed games. The reason: to get to the top you need to play against top competition, not just log a lot of hours.

2. I mentioned that the two biggest online winners on Full Tilt were first successful live players before they took on all comers at online poker. (Patrik Antonius and Phil Ivey are the two biggest winners. The limit games aren’t tracked well, but I have insider information.)

3. He said that online players were taking the tournaments by storm. I said there are a lot of them, but I haven’t noticed one that rates to do as well as I have in WPT events, where the fields are tougher than WSOP events. (I haven’t checked, but I would think I have made the second day and cashed in more WPT events than anyone else since I started going to the majority of them in Season Two.)

4. People talk about how many hands the online players play. It reminds me of spending hours practicing a bad golf swing. In poker, the hours you spend playing are worth something, but the hours you spend analyzing hands are more important. I have spent more time thinking about poker than the younger players. If you pick specific players who you think will do well this next year, you will see some of them airball the major tournaments. I will be in tournaments late, and I will make a WPT final table in the next year.

5. Brian and I both came to the same conclusion: the argument about live vs. online is just a statement about the age of a player. It is already becoming the case that virtually all serious new players are getting the majority of their training online. I actually agree that online players are on average better than live players, because it is closer to saying that serious players are better than casual players.

6. The word gets out on how to counter the strategy of successful players. Sophomore slump is real in tournament poker. Some players get away with murder until the field sees what they are doing. To be consistent for a number of years, you have to be good and you have to adapt.

7. I’m sure some of the young players will pass me up, since they are getting better and I am declining as I get older. Any other online wizards can meet me at WPT events for some sporting action. (Brian declined to bet on himself, by the way.)


Barry
I agree with all this and still think your side of the bet is marginal at best.

You argue that the primary reason for the online players' dominance is that that they can get away with murder in the short-term, and then you let Brian pick two extremely promising internet players who are actively capitalizing on the short-term (and who can probably adjust like good players do, anyway).
Brian & Barry's prop bet Quote
07-21-2007 , 07:32 PM
If anyone has any other fun bets, keep me in mind as I might be interested.. probably going to be playing most of the 5k+ buyin live mtts for the next 6 months at least. Also going to be travelling w/a few people who might also be interested in these bets (durrrr/raptor, etc).

- Alan Sass

also, i hate pissing matches and i'm in no way saying that i'm better than x but this would be a fun bet to have to motivate me even more to play all the events coming up to finish out the year.
Brian & Barry's prop bet Quote
07-21-2007 , 08:08 PM
Quote:
None have yet to make a successful splash in the mixed games. The reason: to get to the top you need to play against top competition, not just log a lot of hours.



but mixed games don't run often online, and when they do it is the live players playing. What does run is a lot of no limit holdem cash games and tournaments. The top competition in those games IS online, and that's part of the reason why online players are better in those forms of the game, which is what the discussion is about if i understand correctly. I assume you disagree with me on the fact that the best players in these forms are online?
Brian & Barry's prop bet Quote
07-21-2007 , 08:55 PM
always interesting to hear opinions from guys like Barry hope we keep this debate going a little longer, and Brian declining to bet on himself is probably a good choice considering he has barely any tourney experience
Brian & Barry's prop bet Quote
07-21-2007 , 09:05 PM
One thing that folks have missed: Sorel and Justin's finishes are not independent, therefore their combined expectation is slightly less than the sum of their individual expectations. The difference is essentially because when one cashes, the other is necessarily dipping into a lesser prize pool. For the extreme example, in any given tournament, Barry can make 20% of first, but Brian can at best make 10% of first and 10% of second.

I don't know if this is a significant swing that actually changes who has the edge (probably not actually), but it is a subtle point worth mentioning. I'd bet Barry was well aware of this when he made the prop.
Brian & Barry's prop bet Quote
07-21-2007 , 09:07 PM
Quote:
One thing that folks have missed: Sorel and Justin's finishes are not independent, therefore their combined expectation is slightly less than the sum of their individual expectations. The difference is essentially because when one cashes, the other is necessarily dipping into a lesser prize pool. For the extreme example, in any given tournament, Barry can make 20% of first, but Brian can at best make 10% of first and 10% of second.

I don't know if this is a significant swing that actually changes who has the edge (probably not actually), but it is a subtle point worth mentioning. I'd bet Barry was well aware of this when he made the prop.
I dont think this would affect the edge really at all. The result would be so miniscule that it would not have a realistic impact.
Brian & Barry's prop bet Quote
07-21-2007 , 10:17 PM
Quote:
None have yet to make a successful splash in the mixed games. The reason: to get to the top you need to play against top competition, not just log a lot of hours.
How many people of any stripe have made a successful splash in the big game in the last two years or so? Or any mix game 1k/2k and up? What's the annual average of new, successful players?
Brian & Barry's prop bet Quote
07-22-2007 , 02:44 AM
Barry sounds like he is willing to take action from virtually anyone in a heads-up crossbook at WPT main events.

Are there any takers on this forum?

Barry, if you're reading, are there any players you wouldn't take action from in a heads-up crossbook of WPT main events?
Brian & Barry's prop bet Quote
07-22-2007 , 03:11 AM
Quote:
Quote:
When making these comparisons for live play, I don't see why the online community just ignores the issue of tells as if they are some minor effect. Or that a thousand hours of experience in a poker room compares to Barry's thousands of hours. If Barry changes just a couple of decisions correctly in a tournament based on tells, that effect is HUGE.

We spend hours and hours here discussing lines that will gain a few chips in EV, and here's something that can save an entire stack. And only the live players know the value of this variable on the bet. Edge: Barry.
You guys all underestimate the gigantic technical errors that pretty much all "live" players make. They fail to understand the nonlinear value of chips, and make huge chipEV vs. $EV errors constantly. The vast majority fail to implement basic pushbot strategies. No amount of "reads" and "experience" can make up for such basic technical flaws.
You are of course right in general, but not in the sense that I am referring to top live players only, who do not have the leaks you are referring to. I find it hard to believe that Barry has those leaks, for example. Would you contend that he does?
Brian & Barry's prop bet Quote
07-22-2007 , 04:22 AM
Quote:
One thing that folks have missed: Sorel and Justin's finishes are not independent, therefore their combined expectation is slightly less than the sum of their individual expectations.

uhmmmm.... no. they're also not independent of barry's finish, so if they finish first and second, barry can't finish in the top 2.

it does not change the ev at all. the fact that sorel is in the tournament lowers justin's ev, and justin being in the tournament lowers sorel's ev, but since they're going to play the same tournaments anyway it makes no difference.
Brian & Barry's prop bet Quote
07-22-2007 , 04:27 AM
Quote:
One thing that folks have missed: Sorel and Justin's finishes are not independent, therefore their combined expectation is slightly less than the sum of their individual expectations. The difference is essentially because when one cashes, the other is necessarily dipping into a lesser prize pool. For the extreme example, in any given tournament, Barry can make 20% of first, but Brian can at best make 10% of first and 10% of second.

I don't know if this is a significant swing that actually changes who has the edge (probably not actually), but it is a subtle point worth mentioning. I'd bet Barry was well aware of this when he made the prop.
I'm really surprised that you're saying this. Look at it this way. Say that aba crossbooks the entire field. Then they can't all finish first simultaneously, so their expectation should be less than the sums of their individual expectations (your argument), when in fact their collected expectation is just the entire prize pool, which is a priori equal to the sum of their individual expectations ...
Brian & Barry's prop bet Quote
07-22-2007 , 04:27 AM
Quote:
Quote:
One thing that folks have missed: Sorel and Justin's finishes are not independent, therefore their combined expectation is slightly less than the sum of their individual expectations.

uhmmmm.... no. they're also not independent of barry's finish, so if they finish first and second, barry can't finish in the top 2.

it does not change the ev at all. the fact that sorel is in the tournament lower's everyone's ev, and justin being in the tournament lowers sorel's ev, but since they're going to play the same tournaments anyway it makes no difference.
fyp
Brian & Barry's prop bet Quote
07-22-2007 , 05:20 AM
Quote:
Quote:
Quote:
When making these comparisons for live play, I don't see why the online community just ignores the issue of tells as if they are some minor effect. Or that a thousand hours of experience in a poker room compares to Barry's thousands of hours. If Barry changes just a couple of decisions correctly in a tournament based on tells, that effect is HUGE.

We spend hours and hours here discussing lines that will gain a few chips in EV, and here's something that can save an entire stack. And only the live players know the value of this variable on the bet. Edge: Barry.
You guys all underestimate the gigantic technical errors that pretty much all "live" players make. They fail to understand the nonlinear value of chips, and make huge chipEV vs. $EV errors constantly. The vast majority fail to implement basic pushbot strategies. No amount of "reads" and "experience" can make up for such basic technical flaws.
You are of course right in general, but not in the sense that I am referring to top live players only, who do not have the leaks you are referring to. I find it hard to believe that Barry has those leaks, for example. Would you contend that he does?
I would contend that the top 1% of live pros have average technical leaks similar to the top 5-10% of online MTT players

Note: I may be being generous here
Brian & Barry's prop bet Quote
07-22-2007 , 10:18 AM
the thing i didnt really get about this bet is that since there is only one winner of a tournament, isnt it hugely problematic for brian if barry wins a tournament, whereas if one of brian's horses (and only one can win) wins, its less significant because they are each only worth 10%.
Brian & Barry's prop bet Quote
07-22-2007 , 10:41 AM
Barry is a better gambler. I like his end of the prop. He could alter his tournament strategy around the side bet. It would be interesting if he were at the same table with someone he needed to eliminate.

If Barry makes a prop bet, that carries a lot more weight than if Brian makes a prop bet. Barry has the very deep pockets. For a whole lot of reasons, smart people don't go around making side bets with Barry Greenstein. He's smarter than a circus dog. He already has the super good karma that it would not be wise to bet against.

Even if you pull for Brian, bet on Barry.
Brian & Barry's prop bet Quote
07-22-2007 , 10:43 AM
Quote:
the thing i didnt really get about this bet is that since there is only one winner of a tournament, isnt it hugely problematic for brian if barry wins a tournament, whereas if one of brian's horses (and only one can win) wins, its less significant because they are each only worth 10%.
But prev his horses assuming equal skill and finish distrubution would win twice as often as barry so he may owe barry 20% of first 3 times in say 200 tourneys barry will pay him 10% of first 6 times.
Brian & Barry's prop bet Quote
07-22-2007 , 11:12 AM
Quote:

7. I’m sure some of the young players will pass me up, since they are getting better and I am declining as I get older.
That's a pretty interesting admission. I wonder what the peak years for poker play are, either specifically for Barry Greenstein or in general.
Brian & Barry's prop bet Quote
07-22-2007 , 11:54 AM
Barry, I'm curious: how well do you keep up with Who's Who in online poker? As in, how familiar are you with the games of some of online's "elite"? Are there any specific players who particularly impress you? I'm particularly thinking of tournaments, but if you want to remark on cash games too that'd be welcomed.
Brian & Barry's prop bet Quote

      
m