It really depends on the tournament at the casino(s). Many are as high as 10%, like $500+$50 ...gotta watch it, hard to overcome.
Don
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Good poker player = good trader?
- Thread starter a529612
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It really depends on the tournament at the casino(s). Many are as high as 10%, like $500+$50 ...gotta watch it, hard to overcome.
Don
Quote from thecalip:
There are so truth to his opinions. As an online poker site, it's on their best interest to keep as many players happy as possible. Therefore, they want to distribute the people as equal as possbile, while they take their 5% cut. If you play online poker, you know what I mean.
I suspect I have played 100x as much online poker as you have, and I "don't know what you mean." (as in, you're talking nosense). What's in their best interests is a fair deal, which is what all the major sites verifiably have.
If they host decided you win too much, they will give you a sting of can't fold hands and make you go all in. In most case, you will lose all.
Nonsense. Show me the statistically significant hard data that show systematic deviations from a fair deal. Funny how the room always goes silent when you limit discussion to the relevant facts.
5% is a deep fee, while casino only collect a fix amount. I only play 1/2 nl in casino, and they collected $4 max. [/B]
Live casinos rake much more than online in general.
Fletch
this Jamie Gold guy is kicking ass. looks like he's gonna be $12 million richer come thursday.
http://www.pokerwire.com/results.php?title=seating--chip-counts&uid=22729
http://www.pokerwire.com/results.php?title=seating--chip-counts&uid=22729
Quote from SammySOESa:
this Jamie Gold guy is kicking ass. looks like he's gonna be $12 million richer come thursday.
But wait !
Who is Jamie Gold and where are all these "so called" top skilled players?
Poker is a big JOKE filled with half truths .... it's pure GAMBLING with an element of skill but still just GAMBLING!!!
judging from his known lifetime tournament winnings ($92,000), Jamie came outta nowhere. he's probably hyperventilating on every flop. i mighta spoke too soon about his winning, tho. a couple other guys are on his tail. the final table is set.Quote from Joab:
But wait !
Who is Jamie Gold and where are all these "so called" top skilled players?
Poker is a big JOKE filled with half truths .... it's pure GAMBLING with an element of skill but still just GAMBLING!!!
http://www.cardplayer.com/players/results/Jamie_Gold/12283
i saw a recent interview with Chris Ferguson. he said winning one tournament takes 90% luck and 10% skill.. but having a successful, consistent career takes 10% luck and 90% skill. personally, i think there's truth to that.
Good show gunslinger, I enjoyed your Main Event updates! Congrats for placing in the money.Quote from gunslinger:
My WSOP ride ended this afternoon on day 4. I finished 360 something good for $35k. Though my initial goal was to get past the first day, I am still disappointed. It is not so much that I thought I would go far or wanted to move a couple of payouts, it just sux realizing that you are no longer in the game.
My bust out hand:
Everyone started the day at a new table. I was on the shortstack with 70k (average 200k), and there were 2 monster 400k+ stacks to the right of me. Anyway I was able to get a few chips, then double up through bigstack1 when he raised my blind and I pushed allin with KK vs AQ. Bigstack1 then lost another pot bringing him down to under 300k. A few hands later it gets folded around to bigstack1 who rasies to 15k (blinds are 2-4k) who is one off the button. I am in the small blind with JJ. I just call, thinking that he is somewhat on tilt, I plan to check/raise a low flop.
The flop comes 6-8-9 rainbow, I check, he bets 25k, I reraise to 75k, he thinks a min, then pushes allin. At that point I am somewhat committed, and believe my read to be accurate. I call, he makes a face and turns over 6-7 for low pair/str8 draw. Needless to say he hits his 10 on the turn; game over.
Jamie Gold won the $12 million this morning. he went from $10,000 in chips to $88 million.
http://www.cardplayer.com/tournaments/results/3229
http://www.cardplayer.com/tournaments/results/3229
Quote from SammySOESa:
Jamie Gold won the $12 million this morning. he went from $10,000 in chips to $88 million.
http://www.cardplayer.com/tournaments/results/3229
Jaime Gold rocked. He ran over the final table, in a dominating fashion. Sure he got ucky on occasion, but even when he didnt have "cards" he was able to take down the majority of the pots. It helped that Johnny Chan coached him.
There you go, if you're a succesfull trader ... [I mean 7+ figures per year] hire Johnny Chan as your poker instructor...Quote from gunslinger:
Jaime Gold rocked. He ran over the final table, in a dominating fashion. Sure he got ucky on occasion, but even when he didnt have "cards" he was able to take down the majority of the pots. It helped that Johnny Chan coached him.