Where are we all headed?

5/5 nice blog . Don't have any insight tbh but interested in seeing responses from others.

5/5 for the pictures.

5/5 last pic is priceless

fun post to read. No matter how you look at it, in your case, when you decide to stop, you've made more than most people on the planet doing something fun. You can go do a million different things.

xD

And for the prophecy, I might be way off. But it seems poker is kinda, in a way getting a little easier now. Most people aren't that workhard as they pretend to be. Most people don't want to force themself to work mentally, most people want to just sit and the table, talk about poker, and look at hands. A few vods here and there.

Not many people take the time to really get into it, spend hundreds of hours analyzing in hem, looking for small inches etc.

When you look at the Asian market, maybe something awesome will happen, 2nd boom xD. Also a lot of interesting poker things happening when it comes to facebook, that skypoker thingy.

On December 20 2012 18:03 Tensai176 wrote: 5/5 last pic is priceless

+1 LOLZ

A lot of you winning players are very smart individuals and underestimate how much fun you'd have in the real world.

I wasn't a large winning player by any means, but I saw what was happening back in 2006 and realize I don't want to wake up 10 years from now firing up tables or sitting down at a 10 ring live table at the casino so I jumped ship.

If you don't want to wake up 5 or 10 years and still be playing cards, pull all your money, get out, go back to university if you have to. You're all still in your 20s.

What's Rekrul up to these days?

Grinding live games?

he's nedlying hard

If was making any excess of money at poker I would keep hammering it. Having an excess on cash which you can use to invest is the best way to make a living I think. Compound interest is the shit, early retirement goal is what I think most people should be after. No need to retire, but just having the option to

Its just about not being lazy. I find that poker and weightlifting correlate a lot in what takes to be sucessful, namely, consitency and hard work.
At least most people here on liquidpoker seem quite smart, and give me the impression they are not making money because they are flat out lazy. In the weightroom, despite how you feel, you are ALWAYS able to lift 90% of your 1 rep max for a single, baring and injury. Grinding should be the same. Just put in the damn hard work. If you wait till you "feel" like lifting, you never do; same poker. Establish ur workload, and just god damn do it.

The other side of the work is improving your knowledge on poker. That is EXACTLY the same as reading on program design, ways to improve ur lifting technique, etc.

Basically:
Studying poker = Studying lifting
Grinding = Time in the gym

Almost everyone sucks at the gym, and so do most poker regs, at least in low stakes (and dare I say mid stakes, but can't talk from experience)
I've re started poker and will post a blog entry soon, but all I can say is that nl10 is SUPER EASY and all that rake makes low stakes unbeatable is non sense.

For people that start threads/posts like this (and these days, there are a few); is your desire for independence/autonomy outweighed by a lack of desire to put the work in to maintain it, do you just not enjoy the game anymore, or have you just not realised/capitalised on the comparative freedom/opportunities that profitable poker playing has over a salaried desk job?

I'm surprised that so many smart, profitable poker players who are armed with a measure of risk-taking ability and desire for independence/autonomy think of their choice of whether or not to continue in poker largely as a function of whether they will be able to beat the games in x years or 'omg how hard will it be to transition to y when poker as a source of income (for hero) is gone'. Even if this happens, do you not back yourself to replicate your success in another field?

imo the primary driver of whether you decide to continue to play poker is whether you still enjoy it enough to keep putting the work in to beat the game. Not specifically aiming this at JohnnyCosmo but I feel like a lot of people rationalise their own lack of desire to put work in to improve by making the blanket statement that the games are getting unbeatable, when really they're just too lazy or don't love it enough now that there's less 'free money' in it. As an extension some of them probably blew too much of their 'free money' without realising how much harder it is to come by so much free cashflow in other endeavours. There are guys playing highstakes HU hyperturbo SNGs that still make absurd amounts of money despite thin winrates, plenty of people that win loads live, still a good chunk of people beating midstakes+ at a great clip and almost all of them have work ethic (and an ability to keep working hard) in common rather than some super sick intellect.

If you don't love the game, be honest about it. If you don't want to put the work in to get better, be honest about it. But don't delude yourself into thinking that a) it's impossible to make great money in it, or b) you won't be able to take your talents and the money you bank from the game and transition into something else that is lucrative and enjoyable if the circumstances necessitating that arise in the future.

ps. I love Joe Rogan podcasts too - don't you think it's interesting that he makes great money doing something that for many could be considered a 'dead' profession from an earnings perspective?

ever tried playing as a "prop" player? where they pay you like 30$/hr just to sit at live tables and play

thing about poker is that while you do make a lot of money doing it, you better commit fully to it because in the real world you just turn out to be a huge fish with a lot of money and no idea what to do with it. for me it becomes a huge waste of time because it makes you dumb in all other areas in life. e.g. relationships, investing,business, social skills etc.

if you decide to keep playing now make sure you're ok with doing it for years and years just so that you dont half ass it and lose money in the process. all good things come to an end and to think this will get any better is just fooling oneself. lots of more profitable industries have failed within the same 10 year timetable so thinking online poker will have a resurgence just because stars wont allow it to fail is just silly.

I have just set my sights on a shorter time table to ensure that I achieve financial independence through poker sooner than 10 years. That way if the games become too difficult to beat the rake or w/e I will already have enough passive income from other investments to sustain myself. Also my wife has a career going now too so I've got that going for me.

To me it doesn't seem that unlikely that I'll still play poker regularly in 10 years...It's been 7 years already since I started playing professionally; 5 years in Vegas. Time flies.

to each there own

mtts til death baby

jlost88 and i were talking about this in 2008-2009.

this has been how poker has been heading from the start, if you didn't look forward thats your fault

which is when i switched to mtts cuz they soft for long long time~

ne ways, happy you're having a realization.

gl

@neilly I'm not sure MTTs are softer than cash from a theoretical standpoint. There's only so much innovation/adjustments you can do with 10-40bb. Not saying either is dead or dying any time soon but edges are smaller in MTTs and rake eats a lot of profits.

Don't winning MTTers go months without making profits, even the sick grinders? Seems like a great format to exercise any edge you have at poker.....

On December 20 2012 22:22 thewh00sel wrote: @neilly I'm not sure MTTs are softer than cash from a theoretical standpoint. There's only so much innovation/adjustments you can do with 10-40bb. Not saying either is dead or dying any time soon but edges are smaller in MTTs and rake eats a lot of profits.

if 10-40bb is not as complex as deeper poker, shouldn't it become tougher quicker than cash.