Lessons from poker

[MiguelCryptoss]

Have been on gambling and gambling investment but have not seen poker easy as most of those gamblers said. Poker is the hardest of all gambling casinos games.

[1713886471]

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[1713886471]

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[sufferer123]

Most of people can see poker as a chance game. But in my opinion, poker is a strategy game in which only experienced wolves win. If you have watched Poker for many years, have taken lessons from the masters and have examined your competitors in detail, you can easily beat the average players.

[swogerino]

Those are some good points on poker but as you said unless your opponents don't have that knowledge too. I have seen pokerstars in Tv and I have seen fortune to favour the bolds, I have seen some guy bluffing in texas holdem with two letters of 3-s and the opponent which would have won if he had call did fold.

[ralle14]

I've played poker (promo tournaments) a few times since then I haven't played it again but I have been betting on sports for more than a year now. Well said on the three things that you've used from your poker days. I can relate since i've experienced winning bets that shouldn't have won due to a huge disadvantage.

What? I don't see any thing on that quote which supports your statement. OP mentioned that he became successful on sports betting and not on poker. Nah, nevermind.

It could mean one of the two or both. On the first part OP did say that he was gaining success on poker but eventually moved to sports betting.

[maydna]

How can I say that you are a pro gambler? You are stating by yourself on this:

For a couple of years, I had a lot of success betting on football from very obscure leagues. I had an algorithm which was great at spotting games where bookmakers had not priced up correctly.

What? I don't see any thing on that quote which supports your statement. OP mentioned that he became successful on sports betting and not on poker. Nah, nevermind.

He said:

For a couple of years, I had a lot of success betting on football from very obscure leagues

By saying that, I only think that he is a pro gambler because not many of us can get a lot of success betting on football

Perhaps, if he still stays with the betting on football and doesn't move to a poker game, he could get more money because he has much experience in that game. I only think that he wants to try with a new game and he choose a poker game.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.

[shoreno]

How can I say that you are a pro gambler? You are stating by yourself on this:

For a couple of years, I had a lot of success betting on football from very obscure leagues. I had an algorithm which was great at spotting games where bookmakers had not priced up correctly.

What? I don't see any thing on that quote which supports your statement. OP mentioned that he became successful on sports betting and not on poker. Nah, nevermind.

He said:

For a couple of years, I had a lot of success betting on football from very obscure leagues

By saying that, I only think that he is a pro gambler because not many of us can get a lot of success betting on football

Perhaps, if he still stays with the betting on football and doesn't move to a poker game, he could get more money because he has much experience in that game. I only think that he wants to try with a new game and he choose a poker game.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.

football betting or sports gambling in general is more easier and more predictabe than a poker or card based game  .  so how can you say that no all gamblers became succesful in betting on football matches ? yes poker game is more difficult but it is also verry rewarding once you already grasp it .  you can earn more fast and huge income but its also enjoyable at the same time when compare to football betting or sports gambling .

[Tytanowy Janusz]

When we do talk about probabilities then these card games do really have it and comparing it to other games like luck-based ones isnt really right at all.
Experience and skills is needed with this kind of game but overall these factors wont work out if luck wont be on your side.Therefore, all these 3 things will needed along the way.

Thats why Poker is similar to trading. You never know when big player will come and push price untechnical or when bad/good news will appear. You may have bad luck 9 times out of 10 and still earn if you know how to do money mangement well. Same with poker. You can have bad cards 9 out of 10 times and pass lossing small portion of money and then with one good set put yourself into profit.

Poker need experience, skill, big balls and on the fourth position luck.

[izanagi narukami]

But if you can gamble strategicaly, you can win just like Dan Bilzerian and live like him.
The matter only how far your guts and hope the luck meet you at your decision making.

Yes, it's complex thing but it's possible !

[ralle14]

football betting or sports gambling in general is more easier and more predictabe than a poker or card based game  .  so how can you say that no all gamblers became succesful in betting on football matches ?

I disagree sports betting can be predictable but it's not easy to win. I think maydna's confused or just misread the first post, OP didn't move from sports betting to poker.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.

For starters it can be difficult but once you memorize the combinations it's not that complicated to play and win.

[btc_angela]

Yep you're right, I remember back in the mid 2000's, I have a lot of friends who did play poker like you do and earn a lot of money. Some of the started to play really good because I see some of their names in the poker list as well. Again, basically what you have said is true, specially the ups and downs, poker players needs to learn that not everyday is a winning day. You need to learn how to play if you had bad days and take advantage if you're really on a streak.

[crzy]

Have been on gambling and gambling investment but have not seen poker easy as most of those gamblers said. Poker is the hardest of all gambling casinos games.

That’s why you skills is important in this game, its not easy to play agains old gamblers they know better for sure and if they see you as a newbie for sure they will play their best to beat you. Poker is a good game, its more on skills and just a small luck.

[davis196]

Not to be result oriented is the most difficult part.
For me,the 2 most important tips about playing poker are:
1.Be unpredictable.Don't follow a strategy.If you follow a pattern,other players will "read" your game.
2.Be patient as f*ck.The lack of patience will break your game.

[Johnzky]

Good for you to have been able to play full time and earn some money.
There are many aspiring full time players around here that wish they were in your shoes.
I only like to play poker for fun with friends because I cant trust online poker.
With sports it is very different since the chances are 50% to 50%.

Agreed on this because we can only use our skills in Actual plaing i mean physical poker playing as we can read the emotions and body language of our opponents not like in Online when we only dealing with computers.i love playing poker also with friends that ee do mostly in wakes if family members died or on some special occasions when we have time meeting each other’s with longer amount of time

[meliquiades]

Maybe he was trying to say that the op is not a pro gambler because he is depending on his algorithms or methods/strategies  .  pro gamblers are already aware that there are no working strategies because gambling only based on luck   .   if they lucky they win and they save thier winnings  , they use their winnings on other profitable and less riskier activities but they play still gambling on other times  .

Poker is more like trading. You need to cut losses and know when to pass even if you already put tones of money on table. Here strategy might work because you don't play against casino where you have 47% probability of winning where casino has 53% (roulette example). In poker, you play against another player. Before looking into cards you and your opponents has exact the same probability of winning and this probability changes after each card you see. With bad cards you have low probability of winning that's why you should cut losses. And that's strategy that would work in poker.

This raises a bigger philosophical question of what exactly is gambling.

It could be argued that when I was playing poker full-time, I wasn't really gambling. Sure, luck impacted whether or not I won on any particular day, but I played several million hands over a few years, and I had enough data to predict very accurately how much money I would make over, say, a period of 100,000 hands.

Equally, if you play slots, are you really gambling when you know the payout is 94% (or whatever). Is it gambling when in the long-run you will lose all your money (if you were to gamble into infinity).

Once you introduce certainty into a game (which you do the more you play it) does it cease to become gambling?

[semobo]

I used to play poker and what you have said about the being not a results oriented is true. You just can't predict what other hands will have and what exactly it will be on your hand. Hearing such stories from veterans like you is very interesting.

Don't forget about bluffing on poker is one of the great strategy to make the game to turn our side but it is not going to work always.I don't really like poker because it needs time to play and lot of patience we need to keep while the players are winning.

It is also a risky strategy but if you get used to it, you're aware that chances would be higher if the other hand is scared of your moves. You shouldn't let other hands be familiar of your moves, you must be unpredictable in front of the table.

Of course bluffing too much on a poker table will make that strategy useless so we need to only use that blessing method very less often and at the right time to scare opponents on that table. But there is no strategy we can practice to give us win.

[eternalgloom]

That's basically why I've quit playing poker, it's hard to keep up with all the latest 'trends' in the game if you're not consistently playing.
The last time I seriously played poker was about 5 years ago and I'd gotten pretty good at playing tournaments.

I'd end up at the final table pretty frequently, because I was very much interested into researching and improving on strategies that other players used.
The thing is that you really have to keep your knowledge up-to-date, I'd spend several hours per day watching other people play and improve on my own strategy.

This just became too much of a hassle in the end and I didn't enjoy playing anymore.

I'm not into sports betting for the same reason, I know what a time-sink it would be...

[bering]

Lately i was watching the video through youtube about luxury life from professional poker player and he live in Malta but he was come from France but i forgot his name that he was able to make living from it but i think not all players have the same fate such as him that most of the poker players which his know already go bankrupt because lost but indeed poker is game full of strategy and you cannot always counting on your luck during play this game

[adaseb]

Poker actually does help some gamblers and traders with certain strategies.

For example, one thing I learned with Poker was to never go "Full Tilt". What does tilt mean? It usually means that after you experience a few losses you start and make bad decisions which causes you to lose even more money due to being emotional.

This applies both to gambling and trading in general. Usually when a gambler is losing money, they just "want to play till break-even", and the more money they lose in the process they begin to take larger and larger bets and this usually results in them losing their entire balance in a short while.

Poker, Gambling, Trading is basically all done using money and its very easy to become attached to it too much and it leads to bad decisions this is why its important to always have a clear head and a good risk/reward and know when to stop.

[FontSeli]

In my student years, I sometimes played poker online, but I never did it for the purpose of earning money. It was just a pleasant evening out.
Now, sometimes my friends and I are going to drink beer and can also play poker, but we never play for money to remain friends.

I love football and sometimes I bet on this sport, I like to try my hand not only to guess who will win, but to make a complex bet with several results.

I try not to abuse the game on money so that I do not have an addiction and I can control my emotions.

[maydna]

How can I say that you are a pro gambler? You are stating by yourself on this:

For a couple of years, I had a lot of success betting on football from very obscure leagues. I had an algorithm which was great at spotting games where bookmakers had not priced up correctly.

What? I don't see any thing on that quote which supports your statement. OP mentioned that he became successful on sports betting and not on poker. Nah, nevermind.

He said:

For a couple of years, I had a lot of success betting on football from very obscure leagues

By saying that, I only think that he is a pro gambler because not many of us can get a lot of success betting on football

Perhaps, if he still stays with the betting on football and doesn't move to a poker game, he could get more money because he has much experience in that game. I only think that he wants to try with a new game and he choose a poker game.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.

football betting or sports gambling in general is more easier and more predictabe than a poker or card based game  .  so how can you say that no all gamblers became succesful in betting on football matches ? yes poker game is more difficult but it is also verry rewarding once you already grasp it .  you can earn more fast and huge income but its also enjoyable at the same time when compare to football betting or sports gambling .

I can say that is because not all of the gamblers can get valid information related to the match. Besides that, gamblers can miss one or two things with the news so they cannot win.

That is true that football betting or sports gambling is easier to predict and all things depend on how we can get the information. But in a poker game, not all gamblers can understand about the game, and even they cannot win easier than in the sports betting.

I don't think that you can earn fast in poker games because when someone can win in the poker, he should have high skills and experience besides that, his opposite will also have high skills, so it depends on the luck.

Yes, I agree that both poker game and sports betting are enjoyable for the gamblers. But if you feel difficult to learn poker game, then you can go with football betting or sports betting because you only need to search valid information related to the game.

But to be honest, the poker game is too difficult to learn as I try to learn, but I failed over and over, maybe it because I don't have interest in the poker game or maybe a poker game was really difficult.

For starters it can be difficult but once you memorize the combinations it's not that complicated to play and win.

So at least, we should have a good memory to remember the combinations which not all gamblers can have.