dcpokerplayer.com

Online Poker’s Biggest Winners and Losers So Far This Year

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Excellent 2+2 thread with the summary.  

 

Pretty interesting…

  •  Bttech is playing nosebleeds these days?
  • I thought David Bennefield quit forever. Now he’s back?
  • Sauce must’ve done really well last year if he can take a 1.8 million dollar loss so far this year…. either that, or he’s being heavily staked…
  • Scout not showing up on any loser lists?

 

Written by DCPP

May 2nd, 2013 at 7:43 am

Posted in Uncategorized

Ultimate Poker Rake Structure

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A bit more expensive than Pokerstars.

The big difference is that Pokerstars has indirect rakeback.  As Supernova/SNE, one can get 40-60% of the rake back as bonuses.

We will see what Ultimate Poker can do on this front to attract players.

No Limit Rake: 4.5%

Stakes % Rake 2 Player Cap 3-4 Player Cap 5+ Player Cap
$0.01/$0.02 4.50% $0.30 $0.30 $0.30
$0.05/$0.10 4.50% $0.50 $1.00 $1.50
$0.10/$0.25 4.50% $0.50 $1.00 $2.00
$0.25/$0.50 4.50% $0.50 $1.50 $3.00
$0.50/$1 to $3/$6 4.50% $0.50 $1.50 $3.00
$5/$10 4.50% $0.50 $1.50 $3.00
5BB Games 2.00% $0.25 $0.50 $3.00

Fixed Limit Rake: 4%

Stakes 2 Player Cap 3-4 Player Cap 5+ Player Cap
$0.05/$0.10 $0.04 $0.04 $0.05
$0.10./$0.20 $0.10 $0.10 $0.10
$0.25/$0.50 $0.15 $0.15 $0.15
$0.50/$1 $0.40 $0.40 $0.40
$1/$2 $0.50 $0.70 $0.80
$2/$4 $0.50 $0.70 $1.20
$5/$10 $0.50 $2.00 $3.00
$10/$20 $0.50 $2.00 $3.00

Written by DCPP

May 1st, 2013 at 2:04 am

Posted in Uncategorized

There is a cheaper way to get a WSOP bracelet

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If you are willing to settle for Jerry Yang’s 2007 Main Event bracelet, IRS has a deal for you.

It looks like Yang’s property was seized for nonpayment of taxes.

Yang won $8,250,000 for his WSOP ME win.

Here is the link to the IRS auction.

 

wsop_bracelet_for_sale

Written by DCPP

March 13th, 2013 at 4:21 am

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The Biggest Problem for Online Poker in 2 Graphics

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online_poker2

online_poker

The ecosystem is slowly dying.  The same amount of good players are chasing fewer and fewer weaker players.

If this doesn’t turn around, expect to hear more bad news similar to what Party Poker is doing.

Written by DCPP

March 7th, 2013 at 6:26 am

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Party Poker: you can win, but don’t win too much.

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party poker sucks Many online poker players don’t seem to recognize why poker sites exist, what their objective is, and who is the big winner in online poker. (Hint: it’s not the players.)

Here is the latest blow to online poker, this time from Party Poker: isolating players according to their winrates.

Essentially, they don’t want anyone to have a big edge on their competitors. They want everyone to keep flipping small edges so that they can rake as much as possible in the meantime. This system further minimizes possibility of being a substantial winner in online poker.

Horrible.

But what is really scummy about all of this is that they didn’t disclose this to anyone until players started to get suspicious and noticed something was wrong. Party Poker just implemented this and players were treated as guinea pigs in new ecosystem as they played with their real money.

Welcome to 2013. It’s only going to get worse as the ecosystem gets worse and worse. This reminds me of how “good’ casino bonuses started dying out.

Thread on 2+2.

Written by DCPP

March 7th, 2013 at 1:22 am

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Georgetown U student gets 60 YEARS for robbing the College Park, MD game.

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Sergio Hernandez was convicted last September of 52 counts, including robbery with a deadly weapon, first- and second-degree assault, and the use of a handgun in the commission of a crime of violence.

I never had the pleasure of checking out this game. Supposedly, it’s the highest stakes game in the region.

At least it used to be in 2011. I don’t even know if it’s still going on.

Written by DCPP

January 11th, 2013 at 9:33 am

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Who makes the most money in poker?

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If you guessed Tom Dwan or Daniel Negreanu, you are wrong.

The big winners in poker are people running the tables.

Poker Table Ratings has been tracking hands played for a very long time now and they have a proven record of accuracy.

They also publish Winning/Losing countries rankings that one can interpret from a different perspective.  Let’s take a look.

We have 31 countries collectively winning $10,886,081.  On the other side, we have 217 countries losing a massive $1,049,068,264.

In a zero-rake game, for every 1 dollar loser, we would see a 1 dollar winner.  Instead, we see that a massive $1,038,182,183 – or 98.9% of the money – ultimately disappear to the people running the tables as the players splash chips back and fourth.

And things are only going to get worse:

  • As player skill disparity narrows, so do player win rates.  This means more money goes back and fourth, creating even more rake.
  • New game structures have been introduced that narrow the skill aspect of the game.  Both CAP and Rush concepts lower player edges and maximize rake.
Some of this rake is given back in the form of various incentives like rakeback and bonuses, but is this what we want online poker to become?  Are we all going to strive to become rakeback pros instead of actual winning players?

 

I hope not.

 

***

The chart includes hands tracked at Full Tilt Poker and Party Poker only.  But because of similar game and rake structures, one can comfortably extrapolate the conclusion to online poker in general.  Here is the ranking, as of 9/26/2012:

 

 

Net $/100 Hands Players
1 Monaco $2,307,330 $51.09 4,516,607 329
2 Republic Of Belarus $2,217,734 $0.89 250,327,413 18,756
3 Malta $2,066,561 $15.10 13,686,358 835
4 Gibraltar $1,910,326 $41.60 4,592,310 240
5 Thailand $762,142 $3.49 21,849,946 709
6 Estonia $405,473 $0.44 92,243,796 5,651
7 Argentina $284,879 $0.28 101,339,899 10,493
8 Papua New Guinea $126,192 $77.70 162,406 26
9 Honduras $105,266 $2.10 5,005,379 257
10 Belize $101,201 $59.20 170,961 46
11 Ghana $86,467 $9.39 920,387 37
12 Republic Of Moldova $85,365 $1.02 8,357,189 1,472
13 Bouvet Island $82,294 $46.79 175,873 23
14 Algeria $58,715 $10.24 573,621 81
15 British Indian Ocean Territory $46,864 $25.72 182,215 23
16 Guinea $41,654 $17.98 231,689 10
17 Somalia $39,813 $4.93 807,059 25
18 Christmas Island $37,870 $4.29 882,240 68
19 Heard Island And Mcdonald Islands $36,004 $8.51 423,202 38
20 Afghanistan $26,286 $1.44 1,820,529 313
21 Syrian Arab Republic $20,490 $20.93 97,906 33
22 Cameroon $12,273 $18.72 65,569 18
23 Botswana $10,427 $4.53 230,334 45
24 Bhutan $7,455 $1.82 408,982 13
25 Seychelles $2,903 $0.54 533,622 27
26 Pakistan $1,394 $0.17 800,709 166
27 Equatorial Guinea $1,292 $4.19 30,831 8
28 St Pierre Et Miquelon $725 $1.63 44,415 11
29 Marshall Islands $554 $2.56 21,607 4
30 Samoa $81 $0.02 441,767 12
31 Mauritania $51 $4.81 1,052 5
32 East Timor ($64) ($11.81) 538 2
33 Wallis And Futuna Islands ($210) ($2.37) 8,870 8
34 Benin ($285) ($4.17) 6,838 6
35 Congo (democratic Republic Of) ($502) ($139.04) 361 2
36 Niger ($552) ($1.03) 53,628 14
37 Mayotte Island ($554) ($0.90) 61,850 8
38 Falkland Islands (malvinas) ($572) ($2.71) 21,136 10
39 Micronesia ($583) ($0.66) 88,654 10
40 Central African Republic ($630) ($15.03) 4,188 6
41 Norfolk Island ($755) ($12.36) 6,109 5
42 Libyan Arab Jamahiriya ($763) ($3.19) 23,942 11
43 Liberia ($773) ($21.48) 3,601 3
44 Svalbard And Jan Mayen ($954) ($0.66) 143,842 28
45 Niue ($1,016) ($7.85) 12,944 6
46 Saint Helena ($1,083) ($1.06) 102,558 10
47 Gabon ($1,110) ($1.90) 58,428 14
48 Solomon Islands ($1,145) ($4.12) 27,791 9
49 Palau ($1,316) ($7.19) 18,295 4
50 Myanmar ($1,352) ($33.74) 4,006 3
51 Saint Lucia ($1,504) ($3.65) 41,223 15
52 Sao Tome And Principe ($1,811) ($32.86) 5,512 4
53 Comoros ($1,835) ($2.70) 67,901 9
54 Sudan ($1,988) ($3.68) 54,004 4
55 Guyana ($2,151) ($4.04) 53,285 19
56 Montserrat ($2,585) ($11.14) 23,202 6
57 Suriname ($2,712) ($9.30) 29,173 14
58 Virgin Islands (british) ($2,752) ($40.43) 6,807 21
59 Grenada ($2,798) ($36.88) 7,587 10
60 Pitcairn ($2,844) ($7.68) 37,030 25
61 Nauru ($2,913) ($17.39) 16,751 7
62 Lao Peoples Democratic Republic ($3,014) ($27.23) 11,069 2
63 Chad ($3,092) ($8.96) 34,524 10
64 Others ($3,195) ($17.74) 18,011 17
65 Malawi ($3,253) ($1.19) 272,813 5
66 Guinea-bissau ($3,289) ($3.55) 92,584 6
67 Tajikistan ($3,778) ($0.94) 400,073 40
68 Eritrea ($3,801) ($2.58) 147,195 10
69 Vatican City State (holy See) ($3,857) ($0.78) 492,766 45
70 Cook Islands ($4,787) ($13.22) 36,207 8
71 Tonga ($4,852) ($13.36) 36,327 15
72 Togo ($5,055) ($6.95) 72,772 22
73 Dominica ($5,195) ($23.24) 22,359 19
74 Martinique ($5,223) ($0.94) 556,855 66
75 American Samoa ($5,712) ($8.10) 70,543 22
76 Mozambique ($5,919) ($0.90) 660,367 14
77 Gambia ($5,939) ($40.85) 14,539 9
78 Ethiopia ($5,957) ($13.31) 44,761 13
79 Cape Verde Islands ($6,047) ($6.23) 97,137 17
80 Korea, Democratic People’s Republic Of ($6,189) ($2.83) 218,332 11
81 Northern Mariana Islands ($6,554) ($25.89) 25,317 11
82 San Marino ($7,177) ($6.14) 116,928 34
83 Cocos Islands ($7,464) ($9.27) 80,491 16
84 South Georgia And The South Sandwich Islands ($7,576) ($12.11) 62,561 24
85 Zaire ($7,641) ($57.05) 13,393 6
86 Iraq ($8,694) ($1.25) 696,812 57
87 Saint Vincent And The Grenadin ($9,301) ($2.33) 398,567 25
88 Burundi ($9,361) ($0.88) 1,062,760 15
89 Swaziland ($9,709) ($17.41) 55,765 24
90 Rwanda ($9,985) ($7.14) 139,858 24
91 Palestine ($10,316) ($7.52) 137,138 26
92 Tanzania ($10,972) ($13.73) 79,925 14
93 Maldives ($12,356) ($3.96) 312,309 27
94 Jamaica ($13,429) ($0.65) 2,077,783 229
95 Nicaragua ($14,103) ($1.72) 819,318 90
96 Kenya ($15,010) ($19.08) 78,653 26
97 Peru ($15,085) ($0.06) 25,386,320 2,770
98 Yugoslavia ($15,569) ($29.70) 52,425 10
99 Zambia ($16,092) ($4.03) 399,050 27
100 Uganda ($16,783) ($8.55) 196,229 31
101 Nepal ($16,888) ($10.48) 161,201 29
102 Haiti ($17,434) ($2.84) 613,198 37
103 Aland Islands ($18,074) ($3.91) 462,365 83
104 Sri Lanka ($18,494) ($6.23) 296,785 49
105 Western Sahara ($18,851) ($2.37) 793,781 46
106 Egypt ($19,080) ($0.91) 2,102,342 186
107 Côte D’ivoire ($19,337) ($66.23) 29,199 27
108 Cuba ($19,431) ($2.37) 820,029 42
109 Nigeria ($19,552) ($2.46) 793,300 40
110 Yemen ($19,928) ($9.61) 207,332 32
111 Cambodia ($20,639) ($5.03) 409,978 42
112 French Southern Territories ($21,931) ($23.38) 93,797 29
113 Kiribati ($22,089) ($16.96) 130,224 5
114 Mali ($23,127) ($136.30) 16,968 15
115 Antigua And Barbuda ($23,427) ($8.94) 262,085 54
116 Namibia ($24,257) ($35.49) 68,349 33
117 Sultanate Of Oman ($24,871) ($9.17) 271,148 25
118 Tokelau ($25,825) ($36.35) 71,052 7
119 Bahrain ($27,179) ($29.31) 92,725 53
120 Not Available ($27,503) ($120.06) 22,907 117
121 Sierra Leone ($27,730) ($13.22) 209,779 19
122 Angola ($28,579) ($9.77) 292,595 49
123 Bangladesh ($29,561) ($9.16) 322,717 132
124 Turks And Caicos Islands ($29,694) ($24.40) 121,679 36
125 Turkmenistan ($31,409) ($7.49) 419,203 44
126 Tuvalu ($32,922) ($52.86) 62,284 14
127 Macau ($35,933) ($2.42) 1,484,835 160
128 Vanuatu ($36,490) ($7.66) 476,366 46
129 Bolivia ($36,814) ($1.51) 2,443,862 244
130 Kyrgyzstan ($40,423) ($4.39) 920,449 100
131 U.s. Minor Outlying Islands ($42,489) ($24.67) 172,215 52
132 Congo ($43,460) ($16.41) 264,890 22
133 Guernsey ($43,532) ($35.29) 123,357 59
134 French Guiana ($44,432) ($31.94) 139,100 66
135 Burkina Faso ($46,412) ($38.43) 120,777 17
136 ($46,673) ($39.11) 119,326 13
137 Anguilla ($47,202) ($29.77) 158,550 15
138 French Polynesia ($53,000) ($9.30) 570,185 84
139 Senegal ($55,543) ($16.54) 335,857 48
140 Jersey ($56,181) ($11.58) 485,119 108
141 Saint Kitts And Nevis ($60,943) ($45.12) 135,055 25
142 Guam ($62,401) ($19.79) 315,294 109
143 Aruba ($63,225) ($5.76) 1,098,004 85
144 Guatemala ($63,536) ($18.69) 340,028 132
145 Fiji ($63,781) ($10.28) 620,490 61
146 Republic Of El Salvador ($63,810) ($5.13) 1,242,854 218
147 Albania ($65,878) ($3.70) 1,781,375 198
148 Qatar ($66,059) ($36.60) 180,479 76
149 Ecuador ($67,073) ($5.02) 1,335,609 367
150 Tunisia ($68,253) ($8.89) 767,625 192
151 Jordan ($68,614) ($26.20) 261,847 123
152 Cayman Islands ($68,761) ($15.78) 435,854 115
153 Isle Of Man ($70,358) ($5.57) 1,262,054 165
154 New Caledonia ($73,473) ($16.71) 439,704 137
155 Madagascar ($76,004) ($15.08) 504,016 42
156 Commonwealth Of The Bahamas ($79,075) ($7.07) 1,117,909 140
157 Iceland ($79,835) ($0.53) 14,952,596 2,160
158 Saudi Arabia ($88,481) ($17.08) 517,950 45
159 Greenland ($89,836) ($9.48) 947,434 154
160 Bermuda ($90,180) ($16.96) 531,754 123
161 Guadeloupe ($106,944) ($16.85) 634,773 156
162 Zimbabwe ($110,202) ($7.12) 1,548,483 191
163 Reunion Island ($110,375) ($15.30) 721,432 272
164 Andorra ($112,609) ($24.76) 454,762 166
165 Barbados ($120,751) ($35.68) 338,452 72
166 Mongolia ($124,816) ($16.58) 752,598 383
167 Uzbekistan ($130,057) ($3.57) 3,645,886 682
168 Liechtenstein ($131,538) ($11.03) 1,192,196 145
169 Republic Of Korea ($132,282) ($0.95) 13,894,508 1,144
170 Serbia And Montenegro ($141,827) ($7.26) 1,953,734 220
171 Dominican Republic ($143,502) ($5.99) 2,396,704 383
172 Taiwan ($157,160) ($0.74) 21,328,919 959
173 Republic Of Armenia ($160,709) ($13.90) 1,156,367 436
174 Antarctica ($161,175) ($7.20) 2,239,257 166
175 Montenegro ($163,452) ($10.80) 1,513,294 345
176 Djibouti ($164,329) ($170.11) 96,603 12
177 Macedonia ($171,402) ($5.93) 2,891,965 980
178 Kuwait ($181,312) ($23.62) 767,781 105
179 Socialist Republic Of Vietnam ($191,225) ($3.62) 5,283,926 1,358
180 Puerto Rico ($199,748) ($6.46) 3,091,459 532
181 Iran, Islamic Republic Of ($207,401) ($14.87) 1,394,339 219
182 Morocco ($212,555) ($6.44) 3,298,552 437
183 Paraguay ($228,586) ($1.76) 12,963,836 1,280
184 Republic Of Georgia ($231,692) ($3.97) 5,838,688 1,209
185 Costa Rica ($233,657) ($3.51) 6,651,912 1,030
186 Uruguay ($243,590) ($2.68) 9,078,291 1,091
187 Bosnia Herzegovina ($253,142) ($5.16) 4,901,672 1,142
188 Republic Of Trinidad Tobago ($253,258) ($20.56) 1,231,855 167
189 Netherlands Antilles ($258,642) ($41.03) 630,308 146
190 Republic Of The Philippines ($271,063) ($1.97) 13,763,234 1,926
191 Panama ($271,848) ($8.63) 3,150,650 424
192 Indonesia ($299,132) ($11.96) 2,500,244 452
193 Faroe Islands ($323,630) ($9.88) 3,276,692 511
194 Serbia ($324,126) ($1.65) 19,626,762 4,099
195 Venezuela ($327,069) ($3.93) 8,316,494 1,995
196 Malaysia ($399,787) ($5.77) 6,933,351 1,321
197 India ($433,117) ($12.14) 3,567,941 1,009
198 Null ($442,825) ($21.84) 2,027,767 7,040
199 Hong Kong ($444,156) ($8.15) 5,452,343 713
200 Singapore ($446,217) ($1.77) 25,178,253 2,558
201 Colombia ($466,267) ($2.49) 18,756,859 4,167
202 Lebanon ($469,984) ($27.27) 1,723,705 542
203 Latvia ($537,376) ($0.92) 58,273,198 6,937
204 Ukraine ($560,033) ($0.18) 309,403,838 29,461
205 Croatia ($588,695) ($1.34) 43,820,514 6,056
206 Mauritius ($692,476) ($69.55) 995,582 234
207 Bulgaria ($797,380) ($2.29) 34,874,684 5,718
208 Kazakhstan ($890,757) ($3.64) 24,440,330 2,675
209 United Arab Emirates ($942,711) ($69.28) 1,360,711 454
210 Turkey ($1,135,923) ($13.12) 8,658,262 2,033
211 Chile ($1,312,535) ($2.98) 43,995,797 4,651
212 Japan ($1,357,670) ($6.31) 21,501,695 2,187
213 Slovenia ($1,390,440) ($1.70) 81,917,254 7,373
214 Azerbaijan ($1,457,689) ($44.08) 3,306,911 1,115
215 Czech Republic ($1,468,316) ($2.09) 70,158,539 10,123
216 Slovakia ($1,602,909) ($5.01) 32,009,682 5,360
217 Israel ($1,627,480) ($3.82) 42,572,299 7,078
218 Lithuania ($1,638,843) ($2.21) 74,321,056 8,116
219 New Zealand ($1,674,162) ($2.99) 55,911,244 7,330
220 South Africa ($1,790,710) ($15.20) 11,784,409 3,043
221 Luxembourg ($2,164,328) ($22.25) 9,725,270 1,824
222 Cyprus ($2,196,034) ($37.17) 5,907,892 1,918
223 Portugal ($2,273,118) ($2.28) 99,660,500 15,179
224 Mexico ($2,563,713) ($5.97) 42,928,526 5,576
225 Peoples Republic Of China ($3,111,908) ($1.97) 158,285,346 10,380
226 Poland ($3,114,009) ($1.12) 278,257,981 30,040
227 Finland ($5,595,588) ($1.97) 284,615,893 27,979
228 Romania ($5,780,053) ($3.28) 176,404,085 33,338
229 Republic Of Hungary ($6,165,042) ($2.67) 230,823,064 32,932
230 Republic Of Ireland ($6,441,151) ($7.48) 86,055,957 18,509
231 Greece ($7,927,914) ($15.38) 51,533,199 11,632
232 Spain ($11,436,687) ($2.54) 450,126,726 46,799
233 Brazil ($14,793,498) ($6.61) 223,701,412 36,415
234 Austria ($15,464,572) ($8.23) 187,867,798 24,802
235 Belgium ($17,090,106) ($11.30) 151,213,701 28,826
236 Norway ($18,078,716) ($10.60) 170,623,957 27,588
237 Italy ($19,524,862) ($13.12) 148,793,152 34,952
238 Switzerland ($21,184,205) ($15.47) 136,936,653 24,726
239 Denmark ($28,508,869) ($12.36) 230,600,302 49,072
240 Russian Federation ($28,978,377) ($1.71) 1,693,379,024 158,372
241 Sweden ($32,524,348) ($9.16) 355,106,680 46,027
242 France ($40,309,197) ($12.13) 332,178,513 78,773
243 Australia ($41,041,568) ($12.34) 332,494,529 69,273
244 Netherlands ($41,667,492) ($8.87) 469,496,685 73,417
245 United Kingdom ($60,160,749) ($7.88) 763,530,140 149,826
246 Germany ($92,025,264) ($4.60) 2,001,116,465 217,390
247 Canada ($116,559,182) ($10.51) 1,109,116,840 191,539
248 United States Of America ($367,947,035) ($8.03) 4,584,521,766 865,843

Written by DCPP

September 26th, 2012 at 5:28 am

Posted in Uncategorized

Howard Lederer Interview

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It took a while, but the man behind Full Tilt finally speaks. Long, insightful interview that covers not just Full Tilt, but also business and poker business specifically.

One of the things he mentions is that about 130,000 people took advantage of Full Tilt phantom deposits. (where people would be credited money on their FT accounts, even though FT was unable to debit their bank account.)

Part1:

Part2:

Embedding disabled for Part 3. Click link below.
Howard Lederer Interview – Part 3

Part 4:

Part 5:

Part 6:

Part 7:

 

 

Summary:

 

 

In response, a former FT employee started his own ‘Ask Me Anything’ thread on Reddit.

 

 

… and also did an anonymous podcast interview.

 

 

Written by DCPP

September 20th, 2012 at 5:31 am

Posted in Uncategorized

Economics of Poker

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The recent announcement that Party Poker is discontinuing all higher stakes games came as a shock to many people.

This is because many people don’t understand that poker sites exist to make money, not to help you make money.

During the boom, this wasn’t a problem because new money was pouring in much faster than money was flowing out. But this is no longer the case. Online poker is shrinking and all sites are hurting. Poker sites want people to play games with smaller edges and keep flipping those stacks as they rake more pots. This is the true reason behind CAP poker, Zoom Poker, and discontinuing higher stakes.

This is all you need to know:

What does this mean to you as a poker player? The games are going to get increasingly harder not only because everyone is getting better and narrowing the skill advantage, but also because poker sites are thinking of various structural changes that narrow the gap between skill and gambling.

***

 
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Written by DCPP

July 20th, 2012 at 12:46 pm

Posted in Uncategorized

4 Reasons Why Online Pros Fail to Transition to Live Poker

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After Black Friday many online pros gave live poker a try.  One year later, it looks like most failed this transition.  The result is unexpected since most online regs tend to have excellent fundamentals and would consider themselves to be superior poker players.

Why have so few online pros successfully transitioned to live play?

Having attempted to make money playing live poker myself, I can think of at least 4 good reasons:

1.  You can get better reads online – This might be counterintuitive to new players, but poker is not about the twitch in the eye or nervous tics.  To me, a poker read is knowing how often someone tends to c-bet, how often they will double barrel, whether someone is capable of triple barreling, what sort of 3-bet/4-bet/AI range people have, and other similar tendencies.  Playing higher stakes online, we spend many hours and thousands of hands playing the same opponents and taking notes when we pick up on something.  Playing live is playing blind in comparison – it’s hard to adjust one’s strategy to specific opponents because we see so few hands and so few showdowns.  We end up taking standard lines.

2.  Playing deep – Exasperating the first problem is the fact that live games tend to play a lot deeper.  Last I checked, Pokerstars “deep” tables rarely run and they are only 250BB max.  We are much more used to dealing with shortstackers. This is in contrast to live poker where it is not unusual for people to have 500BB stacks.  At my local casino, it is common to see $10,000 stacks at 5/5 Omaha.  Vast majority of online pros have very little experience playing deep.  It is a different game and it is not a game we have experience in.

3.  Concentration – I ran the stats on myself and realized that there is little to no benefit playing long sessions.  I lose focus, I lose concentration, and I become a break-even and eventually a losing player.  As such, I generally tried to play 2 hour sessions online.  At home, I have a pleasant and quiet environment where I can focus on the game.  I can walk away anytime and come back anytime.

But casino games are different.  You start off by waiting to be seated and then you feel pressured to play.  You can’t just log-off and play some Halo or shoot some hoops outside if you are not in the optimal frame of mind.  You feel forced to play when you are not playing your best.

4.  Lifestyle – The worst part of live poker is being surrounded by degenerates all day.  When you think about your future, take a look at that fat, unkempt, middle-aged poker pro at the table.  That is going to be you in 20 years and it is  scary sight.  Time to make some changes when you are still young and have some options.

What it comes down to is that playing live is a whole different beast.  The skillset for playing live is substantially different and only a small subset of online pros have these skills.

I never realized it would be this way. 

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Written by DCPP

July 20th, 2012 at 4:09 am

Posted in Uncategorized