Monday, May 14, 2012

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.

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