Monday, May 14, 2012

Winning at The Wynn in Macau-The Wealth Report

There's No Limit Like No Limit! in Money Heaven

Aircrafts (Metal) and Yachts are not the latest fad in Macau---Texas Hold'em is. China’s version of the Forbes list — the country now has 106 billionaires, second only to the U.S---were out throwing away their money on the house games this weekend, but poker is catching on.

There are some sick pots being taken down. Tonight, the Slumdog Chinese Millionaires of Hong Kong are playing deep stack poker 3 Mill. HK Behind them, a credit to conspicuous consumption and a What the F*ck attitude of the global financial crisis--- with a 7 Million Hong Kong Dollar pot just an hour ago, before I broke for the Hotel.

I'm staying across the street at the Grand Lisboa--the epitome of bling.In it's hey day, it was the greatest hotel Macau had to offer. Inspired by the lotus – Macau’s national flower, check out this photo, where I played a real Sunday night loose game and was up $600.

My hourly rate was $100 US an Hour.

Today I went to the Wynn, and played a $10 $20 no limit loose game and had a bluff fest. Got caught a few times, but I'm going back there now---It's Midnight!

I got a Wynn Poker Hat from the Floorman, and a great rate on a room., 1,750 HK Dollars. They usually charge -4, oo0. Might stay there tomorrow.

The Urban Monk On The Hong Kong Express

The Kowloon Report -Vintage Chaos 2/27/2009

Where's all that Feng shui in Sardine land's "concrete forest" ?

Greetings from the user-friendly universe of Bangkok, to the most densley populated piece of real estate on the planet; at least according to The Guinness World Records, three blocks from the Mong Kok subway station 旺角, Hong Kong.

Caffine Central,Bean and Nothingness

At some point, inevitably, the "off-the hook-off-the-chain"- extraordinary becomes the ordinary. The steady diet of fast food, the 24 hour news cycle aka the CNN effect of knowing everything, the napsterization of cutting out the middleman, the tivoization of on demand time-shifted-content. Here comes everywhere again---this time in Chinglish.
So it was with Bangkok; and so it is with Hong Kongness. Giant escalator take me "up" to get a cup of coffee from my favorite drug dealer, Starbucks. Coffee is the new tea in China. The Starbucks Effect--Everwhere and Forever has its gravitational pull even on the locals---exerting almost cosmic influence on their lives.

I really enjoy being inside a Hong Kong Starbucks, especially after managing to dodge food poisoning from all that street vendor padi thai food on Khao San Road. Drinking coffee from that paper coffee cup, there's nothing better to remind me of where I was, and where I'm going.

I consume, therefore I am

I get to show that "I voted" for Starbucks again, just like all those Obama stickers on Hybrid Prius' in la-la- land Los Angeles---overkill. I'm a long nose, a round eye in the Far East. So I'm not Chinese, huh?"

It's not about the coffee; it's about the lifestyle. The Urban Monk attitude, no strings attached, living in this world but not of this world, telecommuting at location neutral, Hotel @nyware from a wi fi hot spot. I am back to that place that I have never been before.
Hong Kong- From Nation to Notion

I sit in one of their epiphany chairs to self-reflect, write about Hotel @nyware , and give in to a mood swing here or there. Besides it takes the edge off all these cars driving on the left side of the road, not to mention the impecably dressed generation text, especially in knock-off/ kitsch ready wear, and lots of folks in knock out uniforms. It's all just part of the landscape, full of magical rides patiently waiting for my wits to test drive---a business class ticket to cool, with complimentary mojo on take off.
Macau certainly prepares you to pay way too much dough for very little. I wasn't disappointed... The Grand Lisboa suite, howvever was over-the-top. Hey, you put Portuguese in my Chinese. You put Chinese in my Portuguese. A little bit of both and not enough of each.

In Kowloon, however, I low keyed it---Stayed at The Champion Guest House, By the MTR--it's not called the subway here; it's the MTR, by the Jordan Stop--- for $500 I actually know the value of those chips I have been splashing the pot with. I got a shoe box room with AC and a 1/2 bath.
That black action ($100) chip can buy me two meals. Starbucks is $40 Bucks.

Man, as I have said before--too much respect for money makes you a bad NLH I guess I'm a bad player today---because I actually can buy things with this monopoly money besides chips at The Wynn and The Grand Lisboa.

The map is not the territory, the statue not the saint, but the menu is the meal; when the meals are in Chinglish. Reputed to be the Culinary Capital of Asia,Meet Your Meat with these Hong Kong Signature they get Lost in Translation.

We serve dead shrimp on vegetables with a smile
Pork with fresh garbage
Dreaded veal cutlet with potatoes in cream

Getting My Baht Outta Macau and Back To Bangkok

Spending Your Derelict You(th) at the Poker table-The Helium Report

It's been a real crazy week playing my own version of The Asian Poker Tour---Macau is where it's at. What happEND in Vegas now happens in Macau.

Poker is not a form of gambling---but Macau gambling is a form of poker; and the Chinese are just getting to know holdem and took huge gambles that rarely, but eventually, payed off---But anyone who gambles in poker can get lucky on one hand 100% of the time.

Sex And The Gambling Man In Macau-Denial is a river one outter.

A little past playing good is playing badly. I couldn't help myself. It was like potato chips---I couldn't just eat one....I eventually ended up like all the other JOES, played ATC, any two cards...but was hitting flops and winning not just pots but chips. I call that Card Lust.

My malignant optimism got to me when I switched games and went to Blackjack. afterall, In Blackjack, there is always a correct decision, a perfect strategy right?
The glass wasn't half full, it wasn't big or fast enough. I started drinking the koolaid---the cult of the amateur--- Chinese players were drinking gallons.

They played 53 a Bacarat hand like Aces and got lucky. I got dealt black jack hands 73 off suit, I figured I'd move over to Black Jack if these cards were running "good"...and they did!(Magical Thinking)

The Fish Out Of Water

NLH poker is a western game and new to most Chinese, they play it like a house game....and for a few hours I switched to Black John (Jack and I were on a first name basis) I did it---and got away with it because the poker police were eating donuts.

My brain is the most powerful computer, on tilt, My brain is the most powerful broken computer.

I saw guys call down with Ace high and win! You can't spell manslaughter without laughter--I was hysterical laughing as these guys put me on tilt; eating what they killed was so money.
I abandoned my small ball poker style and Get Rich Slowly attitude--because when you lose it quickly you want to get it back quickly...that's what separates the Joes from the Pros---being able to put the brakes on.
As Mickey Mantle said in his 1985 autobiography you keep aiming for the fences, you're bound to strike out a lot ." Small ball poker avoids the MIS (move in specialists) and let them have their hands. Black Jack, however, is a war of attrition. I passed the test and failed the class---Back to gambling school! Time to re-read my post on The Great Poker Lobotomy: Nothing is the hardest to do in Poker.

The Impatience of Patience kicked in. The House Money "Effect"

There was Mr. Right and Mr. Right NOW---Mr. Ed Reif very robustly wanted instant gratification right now, and wanted to be patient in the future.

Instead of inspiring caution, when I risked money, my brains' typical response to this uncertainty was to sharply reduce the importance of the future in my decision-making, an effect I know in Behavioral Finance as hyperbolic discounting.
School psychologists call this ADD, the boutique white male diagnosis of "Poor Executive Function!" Nevertheless: You can always tell a poker player, but you can't tell them much---about holdem being a game of position, about holdem being a game of (selective) aggression, about folding 60% of your starting hands, the invisible way to win.

Furthermore, I broke my rule of playing other games: Because risk of ruin is 100% sure over time with House Games like Black Jack.

Although I had a few disciplined BlackJack hit and runs up 11,000 at one time, putting chips on my front money deposit account at the Wynn, I gave "their" money back which was actually---The House Money Effect getting to me--- with chip overload of playing loose with their money--actually it is ALL my money once won!

The Sex of Macau Poker Reward Circuit Runs on Dopamine

Forget about the degeneracy that surrounds Macau poker---the addiction, drug and alcohol use, depression, and sleep deprivation. After all, Few things are harder to put up with than a good example--- If it wasn't for pimps, prostitutes, and hustlers there wouldn't be No Limit Poker as we know it today. What went on in Vegas now goes on in Macau...and in three months, they'll be a poker room in Cambodia!

Let There Be Flop-The Rise and Fall of John Delorean

There were a few crews--Finnish, Australian and American, plus the Rouge Traders, a Swede in particular, named Leo, who stayed at Augusters Backpack lodge like most grinders---just a bed to sleep, so you could play more poker!

Leo and I hung out a while--He was a great strong player who got paid off on 70% of his hands.
Ozzie Ozzie Ozzie, Oy Oy Oy---The Aussies were beasts--Poker rewards aggression and they were the 800 lb gorillas. I had to leave--- couldn't take all the Steve Irwin accents of "Heaps" of annoyance and "Cheers Mate" after taking down pots uncontested.

The Finns set me up at The Star Galaxy, probably the nicest poker room, right up there with The Wynn---
I have the button, and raise with Pocket Jacks. I get re-raised by the small blind and re-raised by a guy in middle position. I call...and the flop is AA Rag. He checks I bet they both Call. I Say Go to Helsinki and shove all in on the turn and get a call from Pocket 99 Nines! and I hit it and quit it, doubling up to $4000, and leaving. They were speaking Finnish during the hand!!! MY new found Finn friend Mike was laughing but I didn't find it funny. I never sat with them again.

Kept hearing stories about the legendary Sauna 18. After this Turkish Guy known as FY, pushed with AQ at The Grand Lisboa, I called with AK, and he sucked out...and said, "I'm going to Sauna 18" the way John DeLorean said "I'm going to Disneyland." as I remembered those fabulous 80's. They don't pay those chicks for the sex---they pay them to leave!

I had another crack at him at the Wynn, with top pair, and he hit his draw! and again he took chips from me again after telling me about Girl Number 245 in the fish bowl. Happy Thanksgiving Turkey! Glad I could finance your 60 minute "relationship". "Are you going back there to Sauna-Lounge 18? " I asked, but could care less. "You bet", he said. FY eventually gave all of his chips to an Indian guy, a local, who played Smashmouth Poker.

I had to re-frame the losses with Lift Ticket FY: It's not success or failure only outcomes. It's not about winning or losing, but excelling and making good decisions in spite of the outcome.. I know I had this Turkey beat pre flop with the Ak, and the draw, well that's poker.

The Kung Fu Book of Caine Says Be careful When you bluff bad players who only look at their cards and don't read the board.

Don't call us we'll call you

Poker without cards---bluffing didn't work that well---There were too many calling stations.
The cards are just there to confuse the bad players, the Helen Keller’s. It’s not what you look at that matters but what you see. You don’t need cards to win. You need cards to lose. Yet the Chinese only play their hand--they don't read the texture of the board. In this case,I needed cards to lose, firing three bullets into a pot and getting called with Ace high, and me with Air.

Money Is Poker's Report Card--Online University--Poker Stars, the Harvard of Holdem

I decided to stop playing bingo and see more flops: Most Macau players, after all are experience rich and technique poor. They most likely are gambling not betting---so I switched gears and saw more flop. Things don't even out over time, they even out with the number of hands you see.
Last year I did online course work at Full Tilt and PokerStars, I was 60,000 chips short of graduating before I dropped out of the online poker scene to be a cash game specialist.

I made some dough this week in Macau---but spent it on the cost of doing business---chips and the overhead---hotel food and that stupid house game called BlackJack., waiting for my table to open up at The Wynn!

Saying, "It's only a game" is the lesser known, I don't have a dream speech. Yet the aim of NLH is not just winning, but progress. Inspiration increases (to excel) when the left brain gets good at telling the right brain what to do--Ok brain, listen up--stick to poker! They call it Blackjack because the word f_ck was taken.

I flew out of Macau this morning and am back in Bangkok. I had some of the most magnificent luck in Macau ---QUAD nines twice in a night.

First, with pocket nines hitting the flop hard with Quads, later that same evening (actually 1am) morning ---NEXT, at a high stakes 25/50 table on my second hand.... I had $3000 behind me (short stacked) I am in position last to act. It's a family pot (everyone is in) for a bump of 150. the flop is Queen 9 9, and I am last to act with K9.

The raiser wants to pick up the dead money with the scare cards 9 9 (It usually works), so he throws in a $2000. everyone folds, I hesitate and call. on the turn it's a nine-- He has to figure I don't have a nine because there are only four in the deck! So he throws in a $5000 chip---I only have 1000 left! I say I call--I have the absoulute cold stone nuts! The best possible hand. He mucks (probably a Queen full house).
Americon-Can't Put Chinese Players On TILT

Press 1 for English! Couldn't push any buttons with my banter---Nobody understood me!

For the beginner, everything is even money, when you don't know any better. Replacing that with true odds is the goalmost of these guys are learning the game. Keeping the ick in Dick, the c#nt in country-- I played the ugly Americon poker player , speaking English loudly and slowly to get my ideas across---
Betting eventually had to do my talking. It's a slang that spit in the street, rolled up its sleeves and said "Let's Get To Work!" I got action...and the bad beats were amazing--- I had Kings cracked five or six times with random donks bluffing off their chips and hitting cards on the turn and river. It was hard to read most players because if they didn't know what they were doing, I didn't either.

Bad Beats Happen-we retrofit a narrative to tell ourselves that we should have seen it coming because we ourselves could not have been that stupid. And yet, we are no better prepared for the next one.

No Limit Hold ‘em or NLH is designed to have a high luck factor that can quite easily lead to a sort of pathological optimism. It’s a fast, easy to understand game that pulls down huge bucketfuls of short-term luck. In fact, playing because you are “feeling lucky” is (almost) the right way to play.

Going for broke, however, is more poetic than calculating the odds. And crunching numbers. We really don't have any Poker enemies. It's just that some of our best friends are trying to kill us. I had this Aussie Guy Hudson shove over the top of my raise with my pocket Aces verses his Ace 6 and hit trip 6's on the flop--He racked me on that one.

Neurons that wire together fire together---Making money and then making money again is our chemical romance. It produces a “desire to continue”. We are all wired to "invest". Being Digital. It’s not about atoms or how little people behave, it’s about the juice, The Card Lust, where people and bits of information meet.
Poker is a game of situations, like milk, with an expiration date stamped right on the carton. There are no perfect strategies. Poker history doesn't repeat itself, but it does rhyme! I had AK verses A5 with an ace on the flop, and the guy with the dry aces raises, and I re raise all in to prevent his draw and he calls! This is the kind of attitude here---I don't give a F$ck--He even said I know you have AK but I call....He had three outs! and he hit. yet this is precisely the kind of player you want at the table.

They say the Indian Rain dance works because the Indians never stop dancing. Therefore, I was bound to run into good hands---because I never stopped playing poker!

Here's the Wealth/Helium Report:

Don't go broke in an un-raised pot---

In addition to the above, I had QUAD Aces--I limped with a dry Ace A4, and the flop comes AA6. First position bets out a pot sized bet of $150 to steal the small pot. I Smooth call, everyone else gets out. The turn is another Ace--that makes Quads for me, and again he bets out, this time $200. I smooth call. The river is a deuce. Obviously he has a 6, and this time he makes a huge bet og $1000. I am short stacked and go all in-He has me covered,a nd I show him the bad news.

Another cool lightning- in - a -bottle moment---

I get seated at a full table of nine. They make an extra 10th I am the tenth person. I muck my first big blind.

The second hand I get 6 8 off suit and limp in. I flop the nut straight and check in first position. Everyone, and I mean everyone calls this guys 100, as do I, the turn is a 3, so the board shows3457. I am sure someone has a six now, because the betting gets crazy.

Again, in first position I check, and then seat 2 bets out his straight to the 6 with $200. This time the rest of the table gets the message except one guy, who calls, as do I. The river is a 2, with no flushes out ther the board reads 23457. I have the nuts and give them the bad news---"I'm all in", but they both call me.

And I get paid off...And this is the lesson I learned in Macau, against Chinese players---They will call you and pay you off every time, consequently bluff outs don't usually work. I had a guy call my bluff, with a flush, and a straight on the board, and he won with Ace high! He called my all in! and I was stacked. Bluff Outs--Additional "outs" you might have if the player reads the board and sees scare cards dididn';t work.

Bob, I got a bad feeling on this one, all right? Ship It Anyway.

When I first arrived , wheels down, I was up so much, it was ridiculous. I hit everything. No kidding. My first hand I get dealt pocket sevens, and get re-raised by AK. I go all-in, and it's an ace and a race. I win. The next hand, I get Ace King, but I am in early position and call.

The Button raises to $150. I call instead of going berserk---although the button begged me" Go all-in again". You got to be willing to die in order to live in NLH (No Limit Poker).
Even though most of the players didn't speak a bit of English, I quote from Platoon" Bob, I got a bad feeling on this one, all right?" I don't know if this guy has ever seen Platoon, at least not an un-pirated knock off version.

AND I did have a bad feeling ...that is, until the flop hit me hard with Ace King, but there were two clubs...This time I said to the guy I check. He threw in $200. I went all-in. Since he saw me shove all in with Pocket Sevens, he really couldn't put me on a hand, so he called and flipped pocket Queens. I won....and then Hit and ran. Hit it and Quit it. Tripled up and hit the road over to the Wynn to make a deposit...
Then I sat down at the Wynn, a 10-20 game, and my first hand in the big blind --I turn a wheel with ACE Five and felt this American Bryan, who quit school to play poker. he looks like John McEnroe, with the head band and the wild hair.
I called a raise out of position and I know the way he plays--he will make a continuation bet no matter what---The flop comes 23Jack Rainbow , and I have Ace 5 suited. he makes it 300 and I smooth call with four outs! and the miracle four comes on the turn and I check. He bets, I go all in-he insta calls, with Pocket Aces. he's still drawing live to a split pot if a five comes, but it doesn't and I double up---back to the Grand Lisboa after that.

We are born broke, and we die broke, everything in the middle is fluctuation.

Feel athletic, go to a sports bar; feel lucky, a casino

Poker Pros Chris Farrell and Ed Reif

Moneymaker Effect? What effect did it have on you?

Calling poker a sport is like calling bald a hair color. Yet this male pattern madness--- an 800 lb gorilla known as Texas No Limit Hold em (a.k.a. NLH)--- has replaced baseball not only as the national pastime, but also America’s bellybutton.

The real deal is that gambling is an addiction, and the Addictionary- is spelt with the letters WSOP, WPT, GSN and ESPN. The mess is the message---winjuries--- a cool revenue stream for the networks and promoters, OME, out of money experiences for everyone else connected to the "sport". Why? because NLH, no limit holdem is 100% skill and 100% luck, and luck lends but never gives.

ESPN’s WSOP (World Series of Poker) High Stakes Poker on GSN and the Travel Channel’s WPT (World Poker Tour) have done for poker what Jamba smoothies did for high fiber diets---it reinvented the often indigestible into an energizing and delicious (peak) experience that can no longer be ignored. This game has juice!

There's one guy to thank-Chris Moneymaker, and one event, the hockey strike!

The Hockey Strike was a negative sum event- NEGATIVE-SUM GAMES are games in which both sides lose. This represents the height of irrationality to positive-sum players, but it proves a surprisingly durable choice of game-players. Pull the grenade and blow us both up.

Smashmouth Poker is a less deadly version of combat, and therefore a good way to practice for it if you are out to have a good time and fully expect to lose all your money that you brought to the table that night.

While the Zambonis' sat idle, the strike created new programming slots for ESPN's niche "sports" like Poker-and fueled the Moneymaker Effect: and you know how that affected all our games---more AQ verses small pockets(races), more bad beats and suckouts by DONKS winning, not by what they knew, but what was absent from their game---like fear, experience and regret.Broke Back Poker-A Guaranteed income for life.Without the right game, however, the right people don't show up.

Raising with good hands, pairs. Calling with draws and throwing away junk. Yea, I wanna play with these guys because Karaoke Poker can solve any problem for which a solution is known to exist . Many still sing the patience, tight-is-right ABC by the book style of play--that's an even money scenerio-- You don’t play to break even, you play to break backs.

When weak players stay in the game, they use luck and because of the nature of NLH, can win buckets of money in the short run. Just remember they are only borrowing the chips from you.Feeling lucky and going into a casino is like feeling athletic and going to a sports bar---You can depend on the rabbit's foot for luck, but it didn't help the rabbit.

Whne playing people who feel lucky---Assume the worst, believe no one, and make your move when you are certain you have the stone cold nuts or at least, great odds. If you get drawn out on the river by this kind of player, be assured he will go broke chasing to the river the next few hands he plays. All players are equally good, it's their play that is bad: A little past playing good is playing badly. You beat bad players and bluff good ones. Bads call too often and rarely fold. The longer you have been playing, the "smarter" you get. Experience rich and technique poor players-smart players---are easier to bluff, because of this fact. They are usually paying attention to the action.

Losing Holdem ASAP-Karaoke Poker

The possibility of sudden significant change in your game.

The Secret is about the law of attraction and results—the secret of poker is the complete opposite!

The way to get better is to think about process not results—focus on better decision making and ignoring short term results. This is extremely hard to do because neurons that wire together fire together--- that's the sex of poker ---Having fun. In fact, it's not about winning or losing any one hand, but excelling and having an "experience"
There's a wonderful phrase in Gladwell's Blink--"the power of thin slicing"--which says that as human beings we are capable of making sense of situations based on the thinnest slice of experience. That's what I mean about the difference between having fun and "having an experience"---pure house games like black jack and slots, verses poker. NLH is not just a "sport", it's a concussion. The difference between lightning and a lightning bug.

Hello, My Name is--"I'm All In"-when bad things happen to good decisions.

Bad playing (Making the right mistake) can get "rewarded" 100% of the time on ANY one hand.This kind of poker---PUSH and PRAY-- is not a user friendly game, rather a user illusionaryone because : "Lucky" players will always have worse cards then you, and will draw out, even if there is one card in the deck they need, and they may very well get it.
Getting your money in good, only to get sucked out is a fact of NLH. Chips are overhead, bad beats the cost of doing business against random reDONKulous decisions.
For these types of absolute novice, everything is even money. The idea is to defeat that concept, making, for instance, balanced decisions---correlating the size of the pot to the strength of your hand.
Nevertheless, when you treat No Limit Holdem as a game of chance instead of skill, it is not a law of probability, it's a fact for games with the "F" fun factor-- you may have great expectations , but you will get negative ones. Risk of ruin is 100%! That's the difference between gambling and betting.

Losing holdem ASAP is about that default lottery- Ka-ching- DONKey mentality of wish fulfillment.It is a portable magic---you rent but never own. Take it to your game and you will leave through the revolving door of poker on the old gambling world of luck's PUSH, verses the New wor(l)d order of NLH's PULL. It's rolling the DICE verses Inviting CHOICE.

Teach Yourself Poker in 10 Years ---Why is everybody in such a rush!

Learn to play poker like the Pros….and go broke. If you play like Gus (Hansen), you will..TVEPP TV Educated Poker Players-see:The MoneyMaker Effect.

It's closing time for the karaoke crowd, the old dogs of kitsch. Who actually cares that you can belt out,after three martini's , the loudest My Way: AK all in pre flop is still drawing hand! --It's still the S.O.S. Same ole ___ bland copies of the original AKA Doyle's by/buy-the-book, Super System; or Sklansky's Theory Of Poker --Don’t bring math to the game, bring strategy.

NLH is too random to be left up to chance. NLH is senseless, common sense and it’s not so common. It’s crazy delicious! The fixed is replaced by an obsession with the here and now, The Power Of New. It's less about how do I play 3 3 in early position and more about how should I think about it. There is no there there! in the distilled experience of the veterans.

Old wine in a new bottle is when you play ABC "I bought the book" holdem. "Money runs counterclockwise...You always lose money from the guy on your left and win chips from the guy on your right" or " Seat 9 only value bets here and only bluffs there."

The quest is not in these Either/or questions:---Am I gonna win this hand or lose it? Is my hand better or worse than my opponents single hand? Will I play it as a stealing hand or a hitting hand? Either/OR even in terms of thinking Pre/Post flop. .This duality of up and down, playing optimally verses exploitively -- There is no right and wrong, good and bad. odds and even. Zero Sum Minus Some, is too pedestrian, too run-of-the-mill. It's more than mixing it up and shifting gears---the mess is the message.

You can't predict the flop, but you can invent it--Plan around commitment.

It’s hard to think probability. Info is Lost In Translation when we simplify yet the simpliest concepts in NLH are the most powerful. There are no best starting hands, only situations. Things should be made as simple as possible, but not any simpler. Think of it as a continuum, "AND". An infinite number of third options. This concept needs to be in your game.

Doing two things at the same time that apparently negate each other. NLH is 100% skill and 100% luck. The language of "and" is the language of NLH. The language of "and" is the language of passive and active, optimystical and materialistic, hard and soft. There’s a yang for every yin. It’s Fuzzy logic, and everything is a matter of degree and the player is fuzzy wuzzy to the nth degree. Get a clear, sharp view of the fuzzy.

E= MC2 Equity= More Chips Squared.

Equity—think in terms of what is my hypothetical share in this pot, not just “Am I ahead or behind”.

Commitment- Plan around it. Where is your equity coming from: Making the best hand by hitting or stealing it post flop.—to win the pot, but every hand has the potential for both. Most battles are won before they are fought. Consider the range of hands as well as the playah's temperament.

NLH revolves around the threat of an all in bet. It should be considered around ever decision. This may come at you. Play differently in big pots...Isolate hands that have a high showdown value, and overlimp in hands that have a positive and implied odds to invite more people into the pot. If practice makes perfect, and nobody's perfect, then why practice? There is absolutely no substitute in NLH than for a genuine lack of preparation.

A NLH session is one long conversation run by C students, and Cash is their report card. NLH is like high school with money. This is a world beyond the classroom besides getting the correct answer. The important thing, nevertheless, is not to be in the know, but to be in the Power of NEW . The glass ain’t half empty, it ain’t half full, the glass is not big enough.

What everyone knows about poker is not worth knowing. Challenge the Myths of One-Liner NLH Formulas-Think long think wrong. Dump it or pump it. Suited and booted. Tight is right. All in to Win. No set, no bet. Go big or go home. Raise more than call and fold more than raise.

I wrote The Power Of Paradoxical Thinking in High Stakes Poker This draws water from that wellspring-- Procrastinate now! Infinite patience does brings immediate results to your game. When was the last time you said "I think I'll go to the casino and fold 80% of my hands!"

In Poker the future is already here. It’s just not yet evenly distributed yet. You see, Poker is really a game of mistakes. The rules of Americon Poker are designed to achieve an important balance: an unskilled player(usually the guy with the three c’s condo, cash and cars) must be able to win just enough hands to keep him at the table losing his money. The Americon just look for opportunities, not guarantees. He is ready to make the right mistakes.

Come sideways at an issue instead of head on -It's Not the Big that Eat the Small...It's the Fast that Eat the Slow . Slowplaying fast...

Don’t ca-cheng unless you ca-ch’i--Physical energy capacity is measured in terms of quantity---low to high; and emotional capacity in quality ---negative to positive.. It’s energy, not time, that's your street cred, your table image.

Managing energy, not time, is the fundamental currency of NLH. You can be motivated to play holdem that's good. You can be inspired to play holdem, that's great. Good, however, is the enemy of great.

Remember what Michael said in Godfather 1, "Keep your friends close and your enemies closer"---Stay motivated, but recognize those moments of inspiration.

Everyone is a genius, it’s just that some of us are too stupid to realize it. It is easy to get de-geniused rapidly with a attitude of " I just want to have fun". Walking into a game because you "feel" lucky is like walking into a sports bar because you "feel" athletic.

Denial just ain’t a river in Vegas. If you want to plug some of the leaks in your game, as Einstein said, "You can't alter a condition with the same mind set that created it in the first place" ---The power of NEW is the power of thinking without thinking, and knowing without knowing.

You don't get a second chance to make a first impression--Logic should yield to instinct. Rebuys are just rearranging the deck chairs of the titanic. The iceberg image, unless you realize something else is keeping the guy afloat who just took all your money , you are destined to become a human hangover, obscene and heard scareaming "I'm king of the world! The Emperor's new t-shirt says" But they were suited"...Check please.

Nothing is the hardest thing to do in Poker

Poker And Investing- Two Games of Incomplete Information

On any given hand, poker is about 85% luck and 15% skill, but over the course of thousands of hands, it is the reverse - 15% luck and 85% skill. See Poker's Pattern's Are Not Our Own

Mo' money is pissed away by players who know the right thing to do , but don't do it anyway. See My Brain Made Me Rebuy!

The Poker Universe always has the first move. There’s uncertainty with every hand? Yes, it’s always a coin flip, not always 50/50, sometimes 60/40. This is not rocket science. It's brain surgery. Give yourself a poker lobotomy with Behavioral Finance. see What you think is right is wrong with your game.

Behavioral finance can inform poker. Superlative performance is not just the ability to eliminate chance, but also to recognize opportunity, and, more importantly, when your LEFT brain gets good at telling your RIGHT brain what to do.

Holdem is too random to be left up to chance.When you treat No Limit Hold em as only a game of chance instead of skill, it is not a law of probability, it's a fact for games with negative expectations: Risk of ruin is 100%.---Have the best hand, the best draw, or get out.

In other words, know the 60/40 end of a proposition--- when to hold em and when to fold em--- when you have some competitive advantage over somebody else. Know when the odds are in your favor and bet, or know when the odds are not in your favor and get out of the way. You don't "invest", unless you have some competitive advantage.

Making the wrong mistake---playing too many hands. "Why? do we do it. Because we didn't come to play poker just to fold. We want action and we want to take down pots. The average Joe thinks they have to get into more pots to win more hands. What you need to do is play fewer, better hands. Win Chips, not pots.

Folding, is the "invisable" way to win. Try telling that to a Friday night action player: "Let's go to the casino and fold 60% of our hands!" Yet there is no cure for the common cold-of getting EVENitius---aka Chasing, staying in a pot to make an unlikely hand, usually (but not always) with poor odds.

Making the right mistake-Many irrational poker-player behaviors actually “make sense” when viewed from a Behavioral Finance point of view. Spotting someone the nuts and sucking out can take you from Zero to Hero.

Poker is a game of maximizing wins (when you have the best hand) and minimizing loss (when you don't have the best hand). In the last hundred hours of play I have had pocket aces 25+ times, and they held up about 80% of the time. This is really a rare incredible run. Although against a random hand, they do tend to hold up more. Still, if you know your opponent has them, and you're in a multi-way pot, suited connectors looks real good, because Pocket Aces is gonna push all-in with a continuation bet on the flop. So: DON'T BET DANGEROUS FLOPS IN MULTIWAY POTS. AA demands isolation.

GREAT players experience more bad beats than GOOD players. Great players get their money into the pot with the best hand and the suckers are forced to draw out. As a corollary, great players rarely deliver a bad beat: they almost never get their money into the pot drawing slim.

Raise or fold," is another maxim used in poker. If you have a hand that's worth being in, then the hand is worth raising. If it's not
worth raising, then it's probably not worth being in. You can save a lot of money in poker and in investing if you know when to say bye bye.

Note to self: A new investment trend: backing poker (players) . My “traders” are all poker players; in a nutshell, Hotel Anyware will provides the entire bankroll for a player and covers the player’s losses while keeping 50% of their winnings. Of course there is more to it: players have daily loss limits, minimum table-hour requirements and an exclusivity agreement.

The Demographics Of Overconfidence

Poker is considered the purest of games; and No Limit Holdem (NLH) is surely the purest of the "sacred" illnesses, also known as, addictions, because it is behavioral rather than chemical. see Grey Matters- In search of The All-In Molecule

Gambling isn’t as scandalous as writing about it.You can’t be a poker blogger and not think about addiction. It’s like not thinking about death because it lasts too long. More than that, there is very little difference biologically between what is going inside the head of a drug addict and a poker "pro". There is no shame, however, in being a Poker Pro, only in still being one, once you realize your brain made you re-buy.

Furthermore, as the selfish
brain fears death and looks for predictable experiences, poker is a great placebo that hijacks the brain with a predictable surprise: card players are surprised if they win and surprised if they lose. see: Poker= f(dopamine flow); Money= happiness in the United States of Unconsciousness

It's not winning that makes a winner, but losing. The excitement is not from the winning, it's avoiding the disaster, because you're flirting with it every day. It's not like every game you play is the Super Bowl, but every game is the Playoffs.

Let's drill down and go even further: Poker is not unique from Crack. It is crack. The way the system works is if we get rewarded in a surprising way, dopamine is released and that kind of alerts the brain how that is going to happen again.

There really is no way for your brain to differentiate, between a
love affair, or the behavior of gambling, ie.the pursuit of a fast buck or for that matter, pursuing a drug. When run amok, drugs, alcohol (Substances) and sex and poker (behavior) are not unique "moral" challenges, but brain diseases.

The disease of poker is especially destructive because it affects the very brain areas that people need to play good poker---thinking straight, applying good judgment, and making good decisions for their lives (It messes with Executive Function, seeking a short-term gain at the expense of a large long-term lose). Gambling thinking is magical thinking, the selfish brain competing for your finite resources and instead of mindfulness, you get mindlessness.

Just as in "diseases" like diabetes or asthma, The Poker affliction can be managed through proper treatments and individual responsibility.It's a brain disease,and a consumer choice. It doesn't show a lack of will power, for even the mantra "Everything In Moderation" provide an excuse for (the) bad behavior.

What is a habit but self-discipline? Yet, consider you are not playing because you like to; you are doing it because you have to, especially if your playing poker usurps all other "normal" activities, like sleeping,eating and drinking.

and now:

The Demographics of Overconfidence--- Beating America's 92 Million Irrational Poker Players

Men Behaving Badly or My Brain Made Me Re-buy

You gotta be willing to die, however, in order to live, to be a great player: to Go All In with the best or bluff with the worst. Consequently, T
here's no such thing as good and bad math in holdem: 1+1=infinity, but they are empty infinities of bliss and death, an abyss of divine enjoyment. This is the Sex of Poker, your bargain with chaos. Are your ready to shuffle up and deal with it?

You see,
Poker Doesn't think. It is an infinite game;the overall phenomenon of NLH has no end. It is always a frontier, always on the edge .The rules are simple but the dynamics of the game are ruthless: it is designed to F with you. For instance: If playing against 5 other opponents there are more than 9.7 trillion possible hand combinations that could come up.

Once in a while there's a night when you get exactly where you're trying to go. Magic. Then you chase that memory for a while. (Nostalgia) But precisely because you so want to get there it becomes harder and harder
. If you think long, you think wrong, it make your game weaker because Poker doesn't think.

Like you(th), poker is best understood in retrospect: from within the experience, you cannot see it for what it is. see: Feel Athletic, go to a sports bar; feel lucky, a casino.

Denial is a River in Vegas
The future is not what it used to be---neither is taking risks --thanks to Wall Street's Viagra up and down math and after math, even number atheists and non "investors" get the picture. The market cannot be controlled and neither can a deck of cards.

Poker is not a form of gambling---but gambling is a form of poker
Most market theories and models assume “investors” are rational decision makers who act in their own best interests. But, in reality, our investment brain often drives us to do things that are quite illogical, but make perfect emotional sense.

Ipod Shuffle Mode-Delusions of Reference
Poker’s patterns are not our own. There is no order to this chaos. Less an illusion of control, more a delusion of reference, magical thinking, however, may lead you to believe you have found a Super System.
Poker is more reflective of real-life "wild" randomness because No-Limit has major strategic and tactical components to it that is mashed up with the quasi-dealer element of a shuffled deck.

Think of the ipod shuffle mode----the shuffle mode has an algorithm that randomizes the selection of songs that your IPod can select. Any 'pattern' you discern from what songs your IPod selects is illusory. Just because you los
t five times in a row, doesn’t mean you are “due” to win one. Yet, Motion Creates Emotion...not progress.

I’ll talk about Discounting The Future in this post; a mental bias that affects all sorts of risky behavior---from the paradox of smoking cigarettes in the healthy conscious USA to the fact that more people in America die from over eating rather than starvation, fast food for a fast world. But let's move from th
e United States of Unconscious eating,Your brain on French Fries to Unconscious Gambling, your brain on Poker and Decision

The quicker you go, the longer it takes---That's why Instant Gratification Takes Too Long. Perform the Psychological Judo and
Procrastinate NOW! because Infinite Patience brings immediate results to your game.

The Impatience of Patience

There is Mr. Right and Mr Right NOW---Players very robustly want instant gratification right now, and want to be patient in the future.
Instead of inspiring caution, when we risk money, our brains' typical response to this uncertainty is to sharply reduce the importance of the future in our decision-making, an effect known in Behavioral Finance as hyperbolic discounting.

Most Rounders know hand values and preflop strategy, but post flop is where a bit of hyperbole comes in. This irrational affliction is ubiquitous in the DNA of grinders; a mind over money problem,er, I mean challange, valuing imminent hands over future ones.

Poker's outward simplicity-The ability to affect the outcome is present, unlike roulette. If no one sees any cards, the cards did not play a role in the outcome. Thus, the outcome was determined by the betting of the players, clearly a process of skill or strategy. If he checks bet. If he bets raise. If he re-raises, go All -In. Put the commitment on him; last in money creates the edge instead of First Money Vigorish. see First in Money is so pre 9 Eleven

There is no YES in Yesterday, because of the luck factor and the fact that poker is situational, you don't learn from you mistakes, you un-learn from them.

Consequently, The future isn't what it used to be because it is perfectly reasonable to "think" you will suck out and get lucky. (That makes it a thinking problem, not a gambling one). In fact, those who think about the past (scared money) have no future. You see, Too much respect for money, therefore, makes you a bad no limit holdem player. This game is sick, isn't it? Check please.

Spending Your Derelict You(th) at the Poker table
A little past playing good is playing badly.

"There is no shame in being a poker pro, only in staying one" Ed Reif Wise and Otherwise 2007

In order to open the Black Box up after your game crashes, there shouldn’t be any disconnect between what I’m doing and what I want to be the future...But on some level, there always is.

Forget about the degeneracy that surrounds poker. the addiction, drug and alcohol use, depression, and sleep deprivation. After all, Few things are harder to put up with than a good example--- If it wasn't for pimps, prostitutes, hustlers, gangsters there wouldn't be any No Limit Poker as we know it today.

There was a time when one could almost be afraid to call himself a poker player because it meant so much, now it means so little. You are not keeping up with the Joneses. You’re dragging them down to your level on the green felt jungle.

It's like using Visa or MasterCard--- You(th)buy(s) things they can’t afford on a credit card, and as a result you get to buy less over the course of your lifetimes.

After all, Who thinks of saving for retirement when the urge to merge and spend is always on and ever present. Who thinks of Insurance? I am in the business of creating risk. Insurance protects me from risk, you're betting you're gonna lose, you're gonna get sick, you're gonna get in an accident. Nah, I'll bet on me, and fund the risk myself.

Putting some quo in your status or “But there’s Still A Chance”

If you ask people, ‘Which do you want right now, Vegetables or Pizza ?’ they say, ‘Pizza !’

But if you ask, ‘Which one a week from now?’ they will say, ‘Vegetables .’ Now we want Pizza , beer and cigarettes. In the future, we want to eat Vegetables , Vitamins, and drink Evian bottled water.

Likewise, you can always tell a poker player, but you can't tell them much---about holdem being a game of position, about holdem being a game of (selective) aggression, about folding 60% of your starting hands.

Ah, but you are going to need a compelling reason to fold more starting hands. As long as you remember your choices as better than they actually were (Using the past to predict the future), there's more pain for sale. (Your brain made you re- buy).

There is never a certain prescribed way to play a hand, just a way to think about them. I've had racks of chips only to be felted 14 hours later because instead of an attitude of gratitude, I personally have the Mick Jaggar Tumbling Dice "Anything worth doing is worth overdoing"soundtrack playing. There is no limit like no limit!

Holdem is too random to be left up to chance so you want to play against people who say, “But there’s still a chance” or better yet, “But they were suited!” Most players will gravitate towards low probability high payoff bets. Most players experience risk in the short-term thinking that money doesn’t grow on trees but trees grow to the sky.

To short circuit this kind of thinking, simply ask yourself, If they weren’t suited , would you still play them---Of Course not. Making decisions by accepting the default option-But they were suitedand There’s always Bob (Hope) is hopeless. Yet something that everyone knows isn’t worth knowing.

Choosing Preferences over Outcomes

It's not success or failure only outcomes.It's not about winning or losing, but exceling and making good decisions in spite of the outcome! ER

Poker is, first and foremost, a game of managing resources, or if non are available, being resourceful. You can explain anything with preferences- For example “I always play 7 deuce unsuited”. It’s The Hammer. 7-2 off suit is considered the worst hand in Texas Hold'em. ... Because it is the worst, some players will play it for fun, and will continue to keep betting, even if they expect to lose This .Belief perseverance-that you can spike that one out, and get lucky is every where in Poker, the seductive NOW moment in the the game. It's becoming a routine observation.

This malignant optimism can create the happy accident-- you can get lucky 100% of the time....on any one hand.

This is a predictable surprise in holdem, the cost of doing "Business" are chips, and BAD BEATS are the overhead!

Playing holdem without a helmet

This is one of the secrets to Beating America's 92 Million Irrational Poker Players:Most players are experience rich and technique poor. They most likely are gambling not betting. This is your demographic of"overconfidence", of magical thinking,Every Americon Gambler is only a hand away from a very humbling wake-up call.

Most people will choose preferences over outcomes. like playing Russian roulette and saying to yourself "You have a 5/6 chance of surviving. People sometimes select the choice they put less monetary value on. That is why calling to the river is a way of folding. The Cult of the amateur has drunk the kool-aid. The close choice of say, a heavy metal fan of Metalica verses Mozart Effect. The glass is not half full, it’s not big enough for gamblers. If you swim in the river, you drown in the river. Things don't even out with time, they even out with the number of hands you play against "fish" PS Don't tap the Aquarium, you'll scare the fish.

Every hand of poker is a series of risk/reward decisions. America's 92 Million Irrational Poker Players cannot always figure out what is in their best interest.

Money and risk are abstract, complex things. We act less rationally, less logically, and more emotionally when playing cards. When your left brain gets good at telling your right brain what to do, you even the score, and gain a competitive advantage.

Free will or free won't- Texas Holdem Cowboy Card Junkies

In the United States Of Unconscious gambling, poker without mon
ey is an opinion; and opinions about poker are just shovels we use to dig our own graves: because if you are not playing poker but thinking about playing poker you are already dead.

24 Hour Casinos-I Don't Have Time For That "Get Rich Click"

Everyone wants to go to heaven but nobody wants to die.
Poker Zombies who are playing
24/7 just don’t like being here in the USA all the time. Now you're gambling from home and can lose the house! while thinking you're more "in control", it becomes part of everyday living.

The original name of this blog---Hotel @nyware is about location neutral internet gambling. Playing online poker insinuates its way in into our daily lives deeply and invisibly, whether by laptop, desktop or phone. Something incredible happens with poker which is never put down or can always be picked up. Gambling is always on, always reliably available. Always at the edge of "creative" impulse(s), Poker is as bad as any drug.

In this case, poker has nothing to do with money, and everything to do with a state of mind, a sensation of "beating the system", of feeling a winner, a way to find out if life is "gonna go the way I
want" because I don't want to fail.

In fact, it's not the money you go back for, it's the feeling that you are a winner, not the state of Nevada but the consistent state of mind that, "Yes, I can now beat life...and finally do the things I want to do." The funny thing is life is alway on our side, is always interested in our personal development. We never beat life, we participate in it....and the system helps us grow.

Paper or Plastic-America's scariest addiction just gets scarier

Played with buttons, clicks and phony chips, many people naturally underestimate the amount of money they're actually playing with.

Online Poker
Rooms(Oasis of the Zombies) are the in to your sane, a kind of voluntary madness. The surest way of getting nothing from something. The road less traveled-the psycho path! It's pain for sale, self punishment. Yet everythime you turn your computer on, this could be the day you win a big tournament.

"I'm doing online course work at Full Tilt and Poker Stars. I'm $80,000 credits short of graduating. You see, Money is life's report card"...Anything that isn't poker is a waste of your time. You skip classes and call in sick to work. Get the picture.

White Angry Holdem-The Cure

Growing old isn't optional, growing up is. You(th) can outgrow poker and not slip up--just by avoiding slippery places--- casinos, online and live ones.

Playing Holdem without a "license"...Look Mom, no trusted third party. Home isn't where your heart is, it's where your compute is.

Yet, what are the odds that poker will go away forever---You might have a better chance to do well after many types of cancer than you have of recovering from Texas Holdem addiction, or as I like to call it, "Cardlust"--- an all consuming default mode of thinking about poker and uncontrollable craving, like Lay's Potato Chips...I bet you can't eat (play) just one (Hand).

Hooked or Hooked Up

Behavior has consequences, but Poker "Pros" (addicts) don't care about consequences. Biology is biography (see my other post My brain made me re-buy) and if you are addicted to anything you are addicted to everything. More than that, the way you do anything is the way you do everything. With time, with money, with opportunity, the planets lineup with availability (live and online Full Tilt, Poker Stars, games) and exposure (ESPN WSOP, GSN High Stakes, WPT World Poker Tour). You're hooked up.

When you say "I messed up", no big deal. When you say " I messed up again" the behavior speaks louder than the words: continually gambling in the face of negative consequences and the desire to continue (something you know is bad for you)---takes it from a habit, a want, to a need. You're hooked.

What's the engine, and who's doing the steering?Our brain likes to dupe us into believing we are thinking when actually we are just rearranging our bad habits, a mind over money logic verses emotion farce. One thing for sure, dopamine receptors are the gas, your brain's own inhibitory systems act as the brakes.

You gotta be a somebody before you can be a nobody.

Calling poker a sport is like calling bald a hair color. I am done with this male pattern madness---It's lame, all about lose, lose of money, lose of health, lose of relationships, lose of things.

Go within or go without...more pain for sale. You can only quit once--I am quitting, among other things, second-hand smoking once and for all.

Check Please

Time to consider writing the only kind of book that makes sense, one I want to read: The Sex Of Poker-How to turn your bargain with chaos into a gambling lobotomy. Why stop at 12 steps.