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I am a literal legend of gambling, ask me anything. I am a literal legend of gambling, ask me anything.

10-31-2023 , 08:13 PM
As a winning political bettor, who seems to enjoy politics, do you think you could win a top 10 congressional race against a top political consulting group, if the bet or crossbook was big enough to matter? You would be the “consultant” for your side. Interested in this question because you seem to be .001% at puzzles and a campaign is essentially a reverse puzzle (everyone knows how to win, you just have to execute well and deal with variance).

After all these years, what do your survivalist parents think about you gambling for a living? Have they changed their lifestyle at all in the last 20 years?

Also, didn’t realize you were so young, I thought you were much older and this was a mescaline-induced farewell. Excited for many more years of Limon, the once and future GOAT.
I am a literal legend of gambling, ask me anything. Quote
10-31-2023 , 08:41 PM
One more old timer question. You ever play with Steve Lott? One of the best NL players in the day but made a whole lot of money taking sports bets. Kind of similar to you I'd guess.
I am a literal legend of gambling, ask me anything. Quote
10-31-2023 , 09:02 PM
Quote:
Originally Posted by jrrdesert
One more old timer question. You ever play with Steve Lott? One of the best NL players in the day but made a whole lot of money taking sports bets. Kind of similar to you I'd guess.
nah, no significant hands with steve lott. i saw him once with don zewin who i played a lot of poker with.
I am a literal legend of gambling, ask me anything. Quote
10-31-2023 , 09:06 PM
Quote:
Originally Posted by Lionelhuttz
1. As a winning political bettor, who seems to enjoy politics, do you think you could win a top 10 congressional race against a top political consulting group, if the bet or crossbook was big enough to matter? You would be the “consultant” for your side. Interested in this question because you seem to be .001% at puzzles and a campaign is essentially a reverse puzzle (everyone knows how to win, you just have to execute well and deal with variance).

2. After all these years, what do your survivalist parents think about you gambling for a living? Have they changed their lifestyle at all in the last 20 years?

3. Also, didn’t realize you were so young, I thought you were much older and this was a mescaline-induced farewell. Excited for many more years of Limon, the once and future GOAT.
1. i would do really well, the reason i know this is because when i say/tweet that a candidate should take a certain course its uncanny how often they are taking that course within the next week or two.

2. they change by not changing at all.

3. this may be a san pedro fueled farewell, i am 90% "retired" and the state of poker makes me want to go 100% in the near future. there are some social aspects i still like, the money is of no consequence to me anymore.
I am a literal legend of gambling, ask me anything. Quote
10-31-2023 , 10:12 PM
Whats this about survivalist parents, care to expound on that?
I am a literal legend of gambling, ask me anything. Quote
10-31-2023 , 10:40 PM
Quote:
Originally Posted by TroothSayer
Whats this about survivalist parents, care to expound on that?
yeah are your parents in the same commune as the us cofounder of wework's parents?
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 11:40 AM
Quote:
Originally Posted by fromreddit
What are your thoughts on the current state of live poker streams (in general and specific to certain stream operations), and their effect on the current/future poker scene?
Second question, what are your thoughts on the poker industrial complex, and its effect on the current and future poker world?
Edit: welcome legend
Streams are a fun toy, they do nothing to help or grow poker in fact they do the opposite. the average person who a stream brings in is low stakes and trying to improve. If you run a stream "meetup game" it is mostly low stakes nit type scared money players that show up. the dudes you really want to play with dont know **** about streams. they get forwarded a hand like robbies J4 a few times a year.

Poker industrial complex has ruined poker, streams and televised tournaments have made live cash poker a dwindling hellscape for someone who wants to make 150k+ a year. poker tournaments have pulled all of the money out of cash poker, i said this many many years ago and was 100% correct. People think tournaments bring cash players in, they absolutely DO NOT. those days are long gone. live tournaments are a scam no one can make a living off of, easily proven, and they pull massive amounts of money out of the poker economy.

Last edited by limon; 11-01-2023 at 12:07 PM.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 12:13 PM
Quote:
Originally Posted by limon
Streams are a fun toy, they do nothing to help or grow poker in fact they do the opposite. the average person who a stream brings in is low stakes and trying to improve. If you run a stream "meetup game" it is mostly low stakes nit type scared money players that show up. the dudes you really want to play with dont know **** about streams. they get forwarded a hand like robbies J4 a few times a year.

Poker industrial complex has ruined poker, streams and televised tournaments have made live cash poker a dwindling hellscape for someone who wants to make 150k+ a year. poker tournaments have pulled all of the money out of cash poker, i said this many many years ago and was 100% correct. People think tournaments bring cash players in, they absolutely DO NOT. those days are long gone. live tournaments are a scam no one can make a living off of, easily proven, and they pull massive amounts of money out of the poker economy.
That's really interesting. I've played on and off for ten years now and still haven't gotten into tournaments. It'd be nice to turn this into a six figure whatever it becomes. As you said, it may just be a launching point to something else. I'm really enjoying improving and playing right now, though.

I like the video posted here where you get the floor called on you twice. Too bad you and I never met up back in my heavy drinking days. We definitely would have had a few laughs. Maybe I can dust off the cleats sometime...
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 12:17 PM
Limon, what do you think of DGAF? I know you mentioned him earlier in the thread. Seems like you two have somewhat of a similar philosophy about poker, but maybe I'm off base on that.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 12:33 PM
Quote:
Originally Posted by Dan GK
Limon, what do you think of DGAF? I know you mentioned him earlier in the thread. Seems like you two have somewhat of a similar philosophy about poker, but maybe I'm off base on that.
DGAF has followed in my footsteps and done everything I did/do, except he does it much better!!! he gets it.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 12:35 PM
Quote:
Originally Posted by TheStackHunter
That's really interesting. I've played on and off for ten years now and still haven't gotten into tournaments. It'd be nice to turn this into a six figure whatever it becomes. As you said, it may just be a launching point to something else. I'm really enjoying improving and playing right now, though.

I like the video posted here where you get the floor called on you twice. Too bad you and I never met up back in my heavy drinking days. We definitely would have had a few laughs. Maybe I can dust off the cleats sometime...
poker is a great hobby (one of the best). its a horrible job (one of the worst).
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 12:41 PM
Why do you think draw games haven't become more popular/mainstream?

Even the OG game like 5 card draw.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 01:09 PM
Quote:
Originally Posted by limon
We had email correspondence several times afterwards, maybe he was forwarding it to someone else.
I also got the invite to Mike sextons New Year’s party at his house! That was fun, degens and unlimited Dom!

Noori is hilarious to golf with. He once hit a ball that was like 99.9% out of bounds 2 fairways over but he wanted to go look for it and it must have bounced off a tree or something because he found it and he screamed at the top of his lungs across the dead silent course while others were trying play quietly “EAT **** ABE!!!!”
Haha, he is a real gem.

The old PartyPoker.com days were fun, a movie about what we did from 2001-2006 would be super entertaining.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 01:29 PM
Quote:
Originally Posted by limon
poker is a great hobby (one of the best). its a horrible job (one of the worst).
Could you elaborate on poker being a horrible job? Does this change if you play overrolled? What do you hear from poker pros who eventually hate their job?
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 02:43 PM
Quote:
Originally Posted by limon
DGAF has followed in my footsteps and done everything I did/do, except he does it much better!!! he gets it.
So why is he such a massive loser at poker ?
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 02:51 PM
Quote:
Originally Posted by dude45
So why is he such a massive loser at poker ?
FWIW he is up huge on HCL overall. Plays like a whale on stream and gives a lot of action, but easy to still win in the line-ups he curates.

https://highrollpoker.com/tracker/players/1451
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 03:39 PM
Quote:
Originally Posted by Mr Spyutastic
Why do you think draw games haven't become more popular/mainstream?

Even the OG game like 5 card draw.
A one betting round game will never catch on. As a 3 betting round game it doesn’t play well as no limit. Limit games aren’t exciting. And with all the draws it would be slow and confusing
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 03:40 PM
Quote:
Originally Posted by Rzitup
Haha, he is a real gem.

The old PartyPoker.com days were fun, a movie about what we did from 2001-2006 would be super entertaining.
As long as it’s anonymous. Lol. To protect the “innocent” of course.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 03:42 PM
Quote:
Originally Posted by dude45
So why is he such a massive loser at poker ?
For a while he was winning so much in stream the peanut gallery was accusing him of cheating/superusing. Not sure how he’s doing now but the cheating accusations are gone so he must be regressing to the mean.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 03:45 PM
Limon, thanks for doing this!

I quit my full time job over 3 years ago because the 9-5 grind made me depressed. I quit and have been playing poker full time being a 10bb/hr winner and has made all the difference for me personally…All this being said I recognize that this is not what I want to do full time forever with a low income ceiling and becoming progressively less fulfilling over time. In your opinion what industries/businesses/side incomes are the most natural fit for a full time poker pro to progress into?
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 03:56 PM
Quote:
Originally Posted by Dan GK
FWIW he is up huge on HCL overall. Plays like a whale on stream and gives a lot of action, but easy to still win in the line-ups he curates.

https://highrollpoker.com/tracker/players/1451
So the lesson is if you can handpick the lineup you too can be a winning poker player
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 04:10 PM
Hi Limon
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 04:15 PM
Quote:
Originally Posted by dude45
So the lesson is if you can handpick the lineup you too can be a winning poker player
This is literally Limon's whole philosophy. The real winners in poker curate their spots and opportunities which is 10x more important than actually getting better at poker, as long as you aren't a complete moron who hasn't figured out that being tight and betting big with the nuts will beat almost any casual game.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 05:28 PM
Quote:
Originally Posted by mapletreeway
This is literally Limon's whole philosophy. The real winners in poker curate their spots and opportunities which is 10x more important than actually getting better at poker, as long as you aren't a complete moron who hasn't figured out that being tight and betting big with the nuts will beat almost any casual game.
well the problem is most of us have no such Luxury.
I am a literal legend of gambling, ask me anything. Quote
11-01-2023 , 05:34 PM
IDK if you skipped my Q intentionally or not.

Any thoughts/advice on paying taxes as a gambler?

It makes me nervous that everything is just based on what I wrote in a notebook. And that most people think pro gambling is impossible, while, say, dealing drugs is very possible.

I COULD write off everything under the sun. I discuss business over meals all the time. I drive thousands of miles. I involve a lot of friends and family and could write off stuff linked to that. But I worry this raises red flags, and then if you ever do get audited, you have like 4,000 expenditures you have to go through.

I'm sure a lot of people here could like, take a trip to Boston, Tahoe or Thailand and play some poker, do sports promos, whatever and write off much of the trip cost. Is this sort of thing wise or is it better to just try to stay off the radar?

People I know are all over the map. Some don't even file. Some udnerreport by a ton. Some under report but don't take all the write offs. Some report everything and write off tons of stuff. I assume you've known 50x as many people in this situation over the years and seen what goes right and wrong.

If you've seen people run into IRS problems, what caused it?
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