bless the bad players and may they keep on coming
ah, did i say oklahoma? must have meant florida, no wait, texas, west virginia? what a saturday of college football, the dogs ran wild! now it looks like usc and lsu but both of them struggled and did not cover the spread, should be a great season of ncaa football.
leave again this coming week for huntsville and chattanooga but then i am off until thanksgiving week. cannot tell you how good it is to be home and eat home cooking and sleep in my own bed. while the 9 weeks on the road went exceptionally well, it wore me out and to tell the truth am not looking forward to getting on a plane again but will go rock and roll and trot out my new stuff.
have played the last two days and won over a hundred both days. i am convinced that the fools come to the 1-2 no limit games, i watch people make some of the most incredibly bad plays and literally give their money away. their biggest mistake is not raising enough with the big pairs and letting mulitple people get in the pot. when you have more than 3 opponents with your pair of aces and if an ace does not come on the flop you are a underdog most of the time and end up getting the aces cracked. (and that always hurts) today i was at a table where 5-7 callers was the norm; i was on the bb and 6 people had called when the button raised to 20 dollars. i look down and lo and behold two red aces. there is now 34 dollars in the pot. i raise another 40 dollars on top of the 20 button raise. everyone folds and i take the money. in my book that is much better than letting any one other than the button call and as it turns out, he folded as well. my theory is "that is my money out there in the pot and i want it right now!" i know that there are many good players who would disagree with me and i understand their point of going for the huge pot instead of taking the money right now but my way is my way and is the way i will continue to play. i am in it for the long run, the game goes on forever and when i am home i am at the tables most every day; i look to win 3-800 dollars per week and am quite glad to get 30 or 40 dollars at a time because at the end of the year it adds up to thousands upon thousands and that is a nice little supplement to my and my wife's income.
home prices keep going down and all the people who bought early in the cycle and thought they were going to make a small fortune on their house are now unable to sell. i have said this before, but i believe you buy a house to live in and not as something you plan on selling anytime in the near future. any property of any value at all will go up over the long run but if you are looking to make a quick killing you can get burned badly. once again, it is the last fool in line theory.
another result of the rapid rise in home prices is that many people are now priced out of the market and will be forced to rent even longer than they had planned. when home prices double or triple in a few years but incomes don't then we run the risk of becoming even more of a nation of the haves and the have-nots. when you have just average 3 bedroom homes going for 400,000 dollars who in the middle class can afford that? greed is coming back to bite us in the ass.
well, i am just ranting and repeating things i have said before so i will now say good-bye.
leave again this coming week for huntsville and chattanooga but then i am off until thanksgiving week. cannot tell you how good it is to be home and eat home cooking and sleep in my own bed. while the 9 weeks on the road went exceptionally well, it wore me out and to tell the truth am not looking forward to getting on a plane again but will go rock and roll and trot out my new stuff.
have played the last two days and won over a hundred both days. i am convinced that the fools come to the 1-2 no limit games, i watch people make some of the most incredibly bad plays and literally give their money away. their biggest mistake is not raising enough with the big pairs and letting mulitple people get in the pot. when you have more than 3 opponents with your pair of aces and if an ace does not come on the flop you are a underdog most of the time and end up getting the aces cracked. (and that always hurts) today i was at a table where 5-7 callers was the norm; i was on the bb and 6 people had called when the button raised to 20 dollars. i look down and lo and behold two red aces. there is now 34 dollars in the pot. i raise another 40 dollars on top of the 20 button raise. everyone folds and i take the money. in my book that is much better than letting any one other than the button call and as it turns out, he folded as well. my theory is "that is my money out there in the pot and i want it right now!" i know that there are many good players who would disagree with me and i understand their point of going for the huge pot instead of taking the money right now but my way is my way and is the way i will continue to play. i am in it for the long run, the game goes on forever and when i am home i am at the tables most every day; i look to win 3-800 dollars per week and am quite glad to get 30 or 40 dollars at a time because at the end of the year it adds up to thousands upon thousands and that is a nice little supplement to my and my wife's income.
home prices keep going down and all the people who bought early in the cycle and thought they were going to make a small fortune on their house are now unable to sell. i have said this before, but i believe you buy a house to live in and not as something you plan on selling anytime in the near future. any property of any value at all will go up over the long run but if you are looking to make a quick killing you can get burned badly. once again, it is the last fool in line theory.
another result of the rapid rise in home prices is that many people are now priced out of the market and will be forced to rent even longer than they had planned. when home prices double or triple in a few years but incomes don't then we run the risk of becoming even more of a nation of the haves and the have-nots. when you have just average 3 bedroom homes going for 400,000 dollars who in the middle class can afford that? greed is coming back to bite us in the ass.
well, i am just ranting and repeating things i have said before so i will now say good-bye.
posted by Ron Shock | 8:34 PM
2 Comments:
It'a not so much that many good players prefer to go for the big pots, but rather that they are trying to get the most favorable pot odds they can. Sometimes this means not trying to chase out all the other players. In poker, a bird in the hand is often worth less than two in the bush.
For instance, given a choice, would you rather win a $100 pot right away or have a 50 percent chance to win a $250 pot by keeping another player in who is willing to try to draw out on you? Your average win in the latter case is $125. By routinely taking the pot as soon as possible, you are denying yourself opportunities to pick up these extra profits. You are not maximizing your "expected value", as the statisticians like to say.
son of s,
you have a very valid point and one that i have to give more consideration to. as i have said before, no limit is new to me and i consider myself a novice. a winning novice but i may not be winning as much as i could. i will bear this in mind next time a similar situation arises. thanks for the post.
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