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Leatherass Book: Chapter 9 on Margins Leatherass Book: Chapter 9 on Margins

12-31-2009 , 01:27 AM
In Chapter 9, Dusty talks about his 'margins' and how he 'advances the nuances'. This is how he accounts for his million dollar years.

'Look in the margins,' he says.

I've read this short chapter twice, and I'm not sure what he's referring to. It seems like he forgot to mention what exactly is in 'his margins.'

Can someone fill me in here as to what he is referring to?

For what it's worth I'm enjoying the book, I just feel like I'm missing the point of this chapter.

Thanks.
Leatherass Book: Chapter 9 on Margins Quote
12-31-2009 , 05:31 AM
I'm sure my inability to appreciate this book says far more about my failings than those of Leatherass but I'm surprised it seems to have been so well received.

To me, it was pretty waffly, frankly. I have enormous respect for Leatherass, and for what he's achieved in poker, and always felt like I learned a lot from his vids, but this book, meh, pretty thin imo.

I suspect the problem you're having with this particular chapter is just another nasty case of waffle syndrome. Nothing you can point to and say, 'That's incorrect' but at the same time, precious little you can take away and actually use.

Like I say, the fault is mine, I'm sure.

Good Luck.
Leatherass Book: Chapter 9 on Margins Quote
12-31-2009 , 01:50 PM
He uses complicated, vague language to convey the message that what is takes to have a million $+ year, is a leather ass, a small smedge, turn huge volume and avoid long bad runs. /thread
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12-31-2009 , 02:26 PM
His book sucks

/thread
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12-31-2009 , 04:07 PM
Just got the actual book in the mail and man what a mess. First off Dusty said he would sign every book. Instead he signed a mailing label and had it stuck to the inside cover. Second the book is all out of order. Mine goes from page 1 to page 121 then the next page is 171 thru the end of the book and then it goes back to somewhere in the middle.

Anyone else have this problem or is it just a one-off.
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01-02-2010 , 07:15 PM
damn should of read this before I ordered it, i will be getting it any day now.
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01-02-2010 , 11:51 PM
Quote:
Originally Posted by JWB885
First off Dusty said he would sign every book. Instead he signed a mailing label and had it stuck to the inside cover. Second the book is all out of order. Mine goes from page 1 to page 121 then the next page is 171 thru the end of the book and then it goes back to somewhere in the middle.

Anyone else have this problem or is it just a one-off.
I don't have any of those problems.
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01-03-2010 , 10:40 PM
Quote:
Originally Posted by JWB885
Just got the actual book in the mail and man what a mess. First off Dusty said he would sign every book. Instead he signed a mailing label and had it stuck to the inside cover. Second the book is all out of order. Mine goes from page 1 to page 121 then the next page is 171 thru the end of the book and then it goes back to somewhere in the middle.

Anyone else have this problem or is it just a one-off.
My book arrived in perfect condition without any of the issues you describe.

There was an issue with the download version being corrupt but it was address by their support in less than an hour.
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01-04-2010 , 12:00 AM
...was considering ordering this sometime this week with my FTP rakeback. Yikes.
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01-04-2010 , 12:26 AM
The publisher was quick to reply and is sending another book. For those that haven't read it, you will find it will make you look at poker differently if you are trying to make something of this game. It actually is a good read no matter what business you are in.

Just wanted to give a quick update!!
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01-04-2010 , 04:18 AM
Agreed, if the book does anything it seriously makes you question your work ethic; Dusty may not be "the best" player, but his work ethic is pretty sick and something to aspire to.
Leatherass Book: Chapter 9 on Margins Quote
01-04-2010 , 04:25 AM
Quote:
Originally Posted by DiamondDog
I have enormous respect for Leatherass, and for what he's achieved in poker, and always felt like I learned a lot from his vids, but this book, meh, pretty thin imo.
I don't think anyone plays poker as well as this guy thinks he is. He was one of many kid golfers who was told he was the "next Tiger Woods" and it went to his head. The book has that annoying "Lookit me! I'm an alpha male!" vibe about it.

From what I've seen, the first section consists of info that most experienced players already know. (i.e., Get rakeback!) The strategy part is another example of Fancy Play Syndrome that infects many recent underground books.

That said, it is fairly well-written.
Leatherass Book: Chapter 9 on Margins Quote
01-04-2010 , 07:50 PM
Quote:
Originally Posted by runhot
In Chapter 9, Dusty talks about his 'margins' and how he 'advances the nuances'. This is how he accounts for his million dollar years.

'Look in the margins,' he says.

I've read this short chapter twice, and I'm not sure what he's referring to. It seems like he forgot to mention what exactly is in 'his margins.'

Can someone fill me in here as to what he is referring to?

For what it's worth I'm enjoying the book, I just feel like I'm missing the point of this chapter.

Thanks.
I think the essential sentence in the chapter is, "If you focus on finding small edges here and there, pretty soon you're looking at big profits." These small edges will be different for each player.
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01-04-2010 , 11:19 PM
My interpretation was that the margins basically means if you look after all the little things, then the money will take care of itself
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01-04-2010 , 11:31 PM
Quote:
Originally Posted by Praetor
My interpretation was that the margins basically means if you look after all the little things, then the money will take care of itself
I think it's the biggest loss of profits come from the smallest, most repeated mistakes instead of the one or two times you make a serious mistake. There's a lot of over emphasis on the HHs where you lost the most, with out realizing the holes in your fundamentals are what's really bleeding you dry.
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01-05-2010 , 09:56 PM
Quote:
Originally Posted by breathweapon
Agreed, if the book does anything it seriously makes you question your work ethic; Dusty may not be "the best" player, but his work ethic is pretty sick and something to aspire to.

I think we can do that without buying the book.
Leatherass Book: Chapter 9 on Margins Quote
01-05-2010 , 10:21 PM
Quote:
Originally Posted by Cwocwoc
I think we can do that without buying the book.
Yeah, except 90% of players aren't doing it, the book is a good read for a good value; it's non-specific, which is why people don't seem to like it, but it points at a lot of issues and let's you sort of do the work for yourself. But whatever, some people are going to get more out of it than others - honestly, I'm starting to think that was the point.
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01-06-2010 , 12:08 AM
Did you guys know Dustin was a PGA bound golf player and that he was the best online grinder in 2007? It's true, read the book.
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01-06-2010 , 08:38 PM

This book can teach u to pwn the competition
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01-07-2010 , 08:15 PM
Quote:
Originally Posted by Stake Monster
Did you guys know Dustin was a PGA bound golf player and that he was the best online grinder in 2007?.
If he was the best in 2007, why wouldn't he be the best now? While I'm not saying he's a bad player, I'm not sure that sort of ranking matters too much.
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01-08-2010 , 06:11 AM
The fact that his blog at the end of the year does not contain his 2009 graph but instead rehashes a lifetime graph mainly displaying results of years gone by is a large tell
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01-10-2010 , 12:54 PM
Quote:
Originally Posted by Gelford
The fact that his blog at the end of the year does not contain his 2009 graph but instead rehashes a lifetime graph mainly displaying results of years gone by is a large tell
Rough estimate from his ptr's on stars and ftp look like he made about 400-500k in 09 not sure if he plays elsewhere.

I just finished the book and thought it was pretty good definitely worth 40 bucks.
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01-11-2010 , 08:02 PM
The margins are those small things that add up, I just read that chap today.
I was listening to episode 1 of Tommy Angelo's 8 fold path on DC and he is saying something similar.
Margins =
1.Lopping off your c game
2. Not Tilting
3.Table selection
4. Getting sleep
He does not tell u because he thinks u are smart enough to figure it out.
Im taking this book and running w/ it. Anyway guys if u dont like this book the book that contains all the magic silver bullets of poker info that will automatically make u a winner is ...... Phil Hellmuth's Play Poker Like the Pros. Oh he has a DVD called Million Dollar poker system too maybe that will get u rich quick. Ill stick w/ these hard work principles.
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01-29-2010 , 09:06 PM
I read in a local paper here in Portland Oregon (the Portland Tribune) yesterday that Dusty has not had a losing month playing online poker since the summer of 2005. That would be about 55 straight months without a losing month.
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02-02-2010 , 09:35 AM
I never had a losing month myself (before starting to play poker)

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