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08-19-2022 , 03:44 PM
Quote:
Originally Posted by Maximus122
Well again that's true.

As I said in 2007 I started playing poker was a student, didn't really have any money, or poker experience.

Everyone is breakeven to losing the first year that they play poker. It takes time to practice, to get information and to get good. No person starts out crushing in there first year. Even Jungle said he kept losing and going broke the first 6 months he played online poker.

There are players online who already have more experience and are better than you when you are just starting out.

Believe it or not even in 2007 the rake was just brutal in cash games as well. It took me a while to realise how much the sites were taking in rake.

When I figured that out and I was a student with no money I was finally making a bit of money and it did feel good.

Then I started to learn about the value of table selecting. Some people call it bum hunting and they make fun of you for it, but back then there were no table scripts, and if you did it, it really helped your winrate. I would look for people who were sitting on a short stack not reloading and leave the table when they went broke and also I would color code a player if I saw they were a massive fish. Back then you could do a player search for the player on the site and I would search for the whale to see if he had moved to another table and try and grab a seat with him. Very predatory and you can argue about how ethical it is, but it is what it is.

In 2007 there wasn't huge amounts of information. Everything was still very experimental.

In hindsight if I had to do it again I think tournaments would have been a better choice. The rake structure is better and they attract loads of weak players who are looking to win that big first place prize. But, I was a student the fields were absolutely massive back then I didn't think my bankroll could handle the volatility.

In tournaments lets say you buy in for 10 dollars do a tourney and you pay a dollar in rake. You're paying a dollar in rake to enter a prizepool of lets say 30,000 dollars if 3000 players play, so the rake isn't as significant. Also, a loophole if you were smart back then was in rebuys the rebuy isn't raked and you can sit deep in the tourney that goes on a long time, so you can extract a lot of edge for the rake that you are paying.

In cash games lets say theres a standard spot button vs small blind, both players go all in for a hundred big blinds one player has QQ the other has AK. The odds are 53 vs 46. The site takes 5 percent of the pot. It's brutal. So learning about rakeback was a huge tada moment for me.

Also I played quite of bit of Plo and the equities run even closer.

God ya'll are just so salty.
You said you made a lot of money playing poker - how much did you make career wise?
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08-19-2022 , 03:54 PM
Quote:
Originally Posted by ThePLOGrinder
From 2018.

Yeah, you really sound like a winner!




You are 100% full of crap.
Ya this was in 2018 when Pokerstars got rid of all the rakeback and were a complete monopoly. You opened a chest and there was nothing in it.

I had a job at this stage, so really hadn't been playing poker or improving at all since 2012.

I was screaming at the top of my lungs that the changes that Pokerstars were making were a mistake and now GG Poker has come along Pokerstars is becoming a ghost town so it turns out that forecast was right.

The very odd time I would deposit 50 or 500 bucks to try a bankroll challenge for old times sake.

But, I've found that I can't even beat the games at all anymore.

With everyone giving out free information on Twitch and the fact that there's very little marketing from Pokersites now the games are just tough.

People can get in 10,000 hands of experience at zoom now in a single day.

You can't even table select anymore because there are seating scripts.

And there will be people with big egos saying its easy to beat online poker now.

It's not.
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08-19-2022 , 03:56 PM
at Pokerfan655 I'm still waiting for your Id screenshot to prove you are that alias you claim to be.
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08-19-2022 , 03:58 PM
You are the one accusing of others of pretending someone they are not? That's amusing.
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08-19-2022 , 04:04 PM
Quote:
Originally Posted by SoCalQuest
You are the one accusing of others of pretending someone they are not? That's amusing.
at SoCalQuest You just said you were around playing poker in 2007 winning 8 bb per 100.

Show me your graphs.
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08-19-2022 , 04:24 PM
Quote:
Originally Posted by Maximus122
at Pokerfan655 I'm still waiting for your Id screenshot to prove you are that alias you claim to be.
You want a copy of my drivers license? LOL - you haven't answered my question - how much have you made lifetime playing poker? Do you think when I gave you that player group on sharkscope I just made that up out of thin air?
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08-19-2022 , 04:28 PM
Quote:
Originally Posted by pokerfan655
You want a copy of my drivers license? LOL - you haven't answered my question - how much have you made lifetime playing poker? Do you think when I gave you that player group on sharkscope I just made that up out of thin air?
Maybe it will be easier for us, even though we all know that he is full of crap, to take his word for it.

We know he is a micro player. So let's say he was playing 0.10/0.25 online and beat the game for 3 bb's per hour. He made 75 cents an hour and spent 12 hours per day doing this. He therefore spent much of his life making $9 a day. Probably $9 more than he is worth but there you are!
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08-19-2022 , 04:31 PM
Quote:
Originally Posted by Maximus122
at SoCalQuest You just said you were around playing poker in 2007 winning 8 bb per 100.

Show me your graphs.
I don't really need to? I'm not anonymous and my results are well documented online. + I don't really care for people to think I was a crusher in the past.
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08-19-2022 , 04:32 PM
Quote:
Originally Posted by pokerfan655
You want a copy of my drivers license? LOL - you haven't answered my question - how much have you made lifetime playing poker? Do you think when I gave you that player group on sharkscope I just made that up out of thin air?
Ya, I want to see your drivers licence.

I think you just made it up out of thin air.
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08-19-2022 , 04:33 PM
Quote:
Originally Posted by SoCalQuest
I don't really need to? I'm not anonymous and my results are well documented online. + I don't really care for people to think I was a crusher in the past.
Where are these well documented results then. Show them to me with proof its you.
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08-19-2022 , 04:36 PM
Quote:
Originally Posted by ThePLOGrinder
Maybe it will be easier for us, even though we all know that he is full of crap, to take his word for it.

We know he is a micro player. So let's say he was playing 0.10/0.25 online and beat the game for 3 bb's per hour. He made 75 cents an hour and spent 12 hours per day doing this. He therefore spent much of his life making $9 a day. Probably $9 more than he is worth but there you are!
Beating .10/25 for let's say 4 bb gives you a dollar an hour in income.

You multi table and get in one thousand hands an hour that dollar goes up to 10 dollars.

You then get a good rakeback deal.

A tight player rakes 8 bb/100. If you have 50 percent rakeback you are making another 4 bbs.

So 10 dollar hourly goes up to a 20 dollar hourly.

Newbie.
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08-19-2022 , 04:46 PM
Quote:
Originally Posted by Maximus122
Beating .10/25 for let's say 4 bb gives you a dollar an hour in income.

You multi table and get in one thousand hands an hour that dollar goes up to 10 dollars.

You then get a good rakeback deal.

A tight player rakes 8 bb/100. If you have 50 percent rakeback you are making another 4 bbs.

So 10 dollar hourly goes up to a 20 dollar hourly.

Newbie.
OK, now we are getting somewhere.

So you earned 20 bucks an hour for 12 hours a day. You claimed to play loads, lets say 5 days a week. So you earned $1200 a week. How many years did you do this for? Lets say you did this for 45 weeks a year....5 years? Yet you have zero proof that you earned 270k from grinding at these levels? You have zero proof that you earned any money at all.

All we have is a rant in 2018 of you saying you broke even 'as usual'. You were very upset. Let's say you just put in 100k of that 270k in crypto. You would have millions and millions and millions....yet upset with Stars at their rake in the micro games?

Something doesn't add up.
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08-19-2022 , 04:55 PM
at PloGrinder

Poker was my entire life. It was my passion.

I felt like Pokerstars were taking away the living of professional poker players with the changes they were making and it made me very upset.

There's more to life than money.
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08-19-2022 , 05:20 PM
Quote:
Originally Posted by Maximus122
at PloGrinder

Poker was my entire life. It was my passion.

I felt like Pokerstars were taking away the living of professional poker players with the changes they were making and it made me very upset.

There's more to life than money.
If you had made hundreds of thousands from poker and then millions from crypto, you wouldn't be grinding 0.10/0.25 after that. You would not be furious at the rake at these levels and you would not constantly talk about it online. As said, you are full of crap.
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08-19-2022 , 05:38 PM
Well why does Warren Buffett, Elon Musk, Mark Zuckerberg, Ray Dalio, why do all those people still go in to work every day.

If you make some money you don't lose your heart, or your opinions, or your interests.

Warren Buffett plays Bridge online for no money every single night and he's the richest man in the world.

But, I'm tired of being abused, so won't be logging in here anymore.

Saying goodbye for the 7th time.

I think this one will be the charm, haha.

Peace.
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08-19-2022 , 05:49 PM
see you in 15 minutes.
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08-19-2022 , 05:56 PM
Quote:
Originally Posted by Maximus122
Well why does Warren Buffett, Elon Musk, Mark Zuckerberg, Ray Dalio, why do all those people still go in to work every day.

If you make some money you don't lose your heart, or your opinions, or your interests.

Warren Buffett plays Bridge online for no money every single night and he's the richest man in the world.

But, I'm tired of being abused, so won't be logging in here anymore.

Saying goodbye for the 7th time.

I think this one will be the charm, haha.

Peace.
Oh god now you're comparing yourself to Warren Buffett? Seek professional help.
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08-23-2022 , 02:14 PM
Can we change the title to 5x the dick measuring?
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09-04-2022 , 05:11 PM
I still haven't invested yet. Not sure where to put it and see risk everywhere. If this were not real money I would probably lump into ADA and ETH.

What are peoples thoughts on gold and silver? Silver has been flat for like 10 years! Doubt I will 5x in 5 years with that but maybe I should be satisfied with just not losing my money nowadays. Inflation is not good! In an ideal world inflation would be largely supply issues and the war in Ukraine. The wars ends soon and things get back to being much better. Maybe though, it is a combination of factors, we had Brexit in the UK, major money printing during the pandemic, added to the money printing due to the financial crisis (if all that indeed causes inflation?), plus the war which might not end any time soon.

I am usually tempted to add to my index funds but with rising rates and current conditions, this might not be great with stocks. Then again, with so many talking about a major depression, maybe that means one will not happen. Who knows!
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09-07-2022 , 08:40 AM
Quote:
Originally Posted by ?????
I still haven't invested yet. Not sure where to put it and see risk everywhere. If this were not real money I would probably lump into ADA and ETH.

What are peoples thoughts on gold and silver? Silver has been flat for like 10 years! Doubt I will 5x in 5 years with that but maybe I should be satisfied with just not losing my money nowadays. Inflation is not good! In an ideal world inflation would be largely supply issues and the war in Ukraine. The wars ends soon and things get back to being much better. Maybe though, it is a combination of factors, we had Brexit in the UK, major money printing during the pandemic, added to the money printing due to the financial crisis (if all that indeed causes inflation?), plus the war which might not end any time soon.

I am usually tempted to add to my index funds but with rising rates and current conditions, this might not be great with stocks. Then again, with so many talking about a major depression, maybe that means one will not happen. Who knows!
Personally I think it's next to impossible to beat index funds from a passivity perspective - RE returns better but requires your time, so it matters what your time is worth. Ultimately if you have your own business usually investing back into the business is your best return.
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09-07-2022 , 11:08 AM
He's not trying to beat the index funds passively. He's trying to make a huge short term bet with huge risk to 5x. It's most certainly -EV, but possible to get lucky in the short term.
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09-07-2022 , 09:49 PM
Except his last post seemed like the goal has shifted to only beating inflation. Perfectly reasonable. 5x or break even. It's all the same
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09-13-2022 , 04:19 PM
Buy QQQ puts 24 hours ago.
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09-21-2022 , 09:21 AM
Go all in on TQQQ and hope inflation magically gets under control and the FED instantly decides to cut interest rates to -5% and restart quantitative easing? Or run HFEA, which is down about 50% this year, but has returned over 20% CAGR historically (55% UPRO, 45% TMF rebalanced quarterly). https://www.optimizedportfolio.com/h...die-adventure/
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11-01-2022 , 07:29 AM
Should have put it in Doge mate haha
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