DTXCF's 4-year anniversay post: Getting started at poker - Page 2 - Beginning Poker Questions

Two Plus Two Forums Poker Strategy Beginners and General Questions

DTXCF's 4-year anniversay post: Getting started at poker

Post Reply Subscribe

...

Page 2 of 2

1 2

Page 2 of 2

1 2

04-25-2016 , 11:40 AM

#26

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

Quote:

Originally Posted by FishyFitzy

How can you forget everything you know about poker and start again without having a frontal lobotomy?

Read this thread

Quote

$25m Guaranteed WPM on CoinPoker

Join the action now

Daily Rewards • Splash Pots • CoinRaces

04-27-2016 , 07:22 AM

#27

Jabba021

veteran

Join Date: Jul 2009 Posts: 3,075

This is a very good thread for beginners to read.

Many people lack a fundamental understanding of probability and statistics.

Quote

06-09-2016 , 09:34 PM

#28

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

If I shamelessly bump my own thread do I need to post a postsaver or threadsaver?

Sent from my SAMSUNG-SM-G900A using 2+2 Forums

Quote

07-20-2016 , 09:18 AM

#29

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

Quote:

Originally Posted by Jabba021

This is a very good thread for beginners to read.

Many people lack a fundamental understanding of probability and statistics.

DiamondDog's threads are an excellent source for that:

http://forumserver.twoplustwo.com/32...poker-1175186/

Quote

11-28-2016 , 01:10 PM

#30

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

My five-year anniversary is coming up and sadly 2016 was not a good poker year for me so I have nothing new to meaningfully contribute to the forum. I still believe there is a lot of value in these posts for beginners so for my 5-year anniversary I'm just bumping my 4-year anniversary post.

Happy reading to those who haven't read it yet.

Quote

11-28-2016 , 04:37 PM

#31

denks

Carpal \'Tunnel

Join Date: Nov 2007 Posts: 7,028

Quote:

Originally Posted by DalTXColtsFan

Threadsaver?

Quote

11-28-2016 , 08:12 PM

#32

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

Quote:

Originally Posted by denks

Threadsaver?

If you are able to discipline yourself to never play at limits you can't afford for your entire first 100,000 hands, this girl will give you a free "dance". How's that?

Quote

11-28-2016 , 08:50 PM

#33

denks

Carpal \'Tunnel

Join Date: Nov 2007 Posts: 7,028

Define "can't afford". Is this like a sliding scale?

Quote

11-28-2016 , 09:12 PM

#34

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

Quote:

Originally Posted by denks

Define "can't afford". Is this like a sliding scale?

Keep in mind I can't hear your tone of voice or see your facial expressions. I assumed that when you said "threadsaver?" you were implying I should post one to accompany my shameless bump. I did so and came up with a silly justification for it just as a joke.

I honestly can't tell whether or not the quoted is a serious question.

Quote

11-28-2016 , 09:16 PM

#35

denks

Carpal \'Tunnel

Join Date: Nov 2007 Posts: 7,028

Quote:

Originally Posted by DalTXColtsFan

No, serious question. I want a full risk of ruin formula for each steak and how alcohol consumption might influence said formula.

Quote

11-28-2016 , 09:26 PM

#36

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

Quote:

Originally Posted by denks

No, serious question. I want a full risk of ruin formula for each steak and how alcohol consumption might influence said formula.

Quote

11-30-2016 , 07:21 AM

#37

Bob148

Carpal \'Tunnel

Join Date: May 2012 Posts: 12,135

Dal, you should know by now that it's ok to be wrong here. You might think that you're doing the right thing by abstaining from posting. I'm inclined to disagree. Inaction leads to complacency and falling behind the learning curve. If you're not proactive, you're not learning. Post more imo. You don't have to be correct all the time to contribute. I go out on limbs often, sometimes with ridiculous theories that make me look crazy. 😄 I don't give a **** though. I almost always learn stuff by putting ideas out there for others to pick apart.

Congrats on the anniversary. 🙂

Quote

11-30-2016 , 02:48 PM

#38

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

Quote:

Originally Posted by Bob148

Thanks for the encouraging words bob and I hope you enjoyed my threadsavers as much as I did

.

It's all good man. I believed a year ago and still believe now that my 4-year post should be required reading for anyone first getting into poker and even for anyone who has been playing for awhile and is not yet a winner. Heck, just looking at the first page of posts on BQ I can see 7 different posters whose questions would be answered if they'd read my post.

Having said that, I'm glad there are people who DON'T read it because the poker economy would dwindle to nothing otherwise

Quote

11-28-2025 , 04:45 PM

#39

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

I missed the 10 year anniversary of my writing this thread. I was always proud of it. I believe every word is as relevant to beginners in 2025 as it was in 2015.

Quote

12-01-2025 , 04:44 PM

#40

statmanhal

Pooh-Bah

Join Date: Jan 2009 Posts: 5,093

Quote:

Originally Posted by DalTXColtsFan

Poker is about decisions, not results

Forget poker for a minute and let's just talk about general gambling:
1. Suppose you can make a bet that gives you a 40% chance of doubling your money. Is it a good bet?
2. Suppose you can make a thousand such bets. Should you do it?

Clearly #1 and #2 are bad bets. You'd have to get lucky to win bet #1. For bet #2 you're all but guaranteed to lose unless you go on a disgustingly sick improbable run of good luck.

I may be misinterpreting, but if you can double your money 40% of the time, that’s a +EV action.

EV = Pr(win) * $Win - Pr(lose)*$Lose

Suppose you have to bet $100 to win $200 and you win 40% of the time.

EV = 0.40*200 - 0.60*100 = 80 - 60 = 20 (> 0)

Quote

12-03-2025 , 11:11 AM

#41

DalTXColtsFan

Pooh-Bah

Join Date: Dec 2011 Posts: 3,661

Indeed it is a question of interpretation and I maybe could have clarified.

In *my* mind, if I sit down with $100 and get up with $200, I doubled my money. So I only "won" $100, not $200.

Does that help?

Quote

12-03-2025 , 07:17 PM

#42

statmanhal

Pooh-Bah

Join Date: Jan 2009 Posts: 5,093

ASSUME Hero has $100: Villain bets $100 into a $100 pot. Hero calls $100
My EV equation shows a win gives you $20 expected profit.

An alternative equation is to use the total return with a win which is $200 +$100 = $300
Then EV = 0.40 * $300 – $100 = $20. If hero does win, he now has $300 but had to risk $100 to get it. The amount won, $200, is twice hero’s stack of $100

Your interpretation is that hero ends up with $200 after the bet if he wins. This might occur if the pot is 50 and villain bets 150. Then

EV = 0.4*200 -0.6*150 = -10, a bad bet

So, yes, we are using different interpretations.

By the way, nice thread

Quote

12-17-2025 , 07:19 PM

#43

TheDefiniteArticle

Indecisive

Join Date: Feb 2012 Posts: 14,122

Quote:

Originally Posted by DalTXColtsFan

I missed the 10 year anniversary of my writing this thread. I was always proud of it. I believe every word is as relevant to beginners in 2025 as it was in 2015.

You should be!