The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.
Verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day.One of the most popular promotions for low stakes players on GGPoker has been further expanded.
During the software update on February 10, the Daily Free Spin promotion changed to Daily Freebie. Furthermore, UK players can now also claim the daily gift for a chance to boost their bankrolls.
All players, both existing and new, just need to have verified accounts and log in each day to claim their gift, which lets plays play real money tournaments—and compete for real money cash prizes.
The update has expanded what is given away. Now, there are Daily Freebie tickets for Flip & Go, the super-successful new format introduced in January 2021. It has also undergone some changes since its launch, with GGPoker increasing the frequency and adjusting the buy-ins as well as the maximum number of stacks for purchase.
“GGPoker is happy to confirm that we’ve relaunched our Daily Free Spin offer as the Daily Freebie; verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day. All they need to do is log in and claim their daily reward!” said Paul Burke, Head of Public Relations at GGPoker.
“We hope to continue to change up the rewards on offer in the future, giving all players the opportunity to try out GGPoker’s most exciting games, no matter their bankroll.”
For existing players, Daily Freebie is available immediately—just log in and claim.
If you haven’t yet signed up, you can do so today and enjoy the promotion as soon as you have verified your account. You can also take advantage of all of GGPoker’s generous welcome bonuses.
How the GGPoker Daily Freebie Promotion Works
The operator has seen unprecedented growth in 2020 to become one of the leading online poker platforms for tournaments and cash games. GGPoker has achieved that with a plethora of promotions, innovations, and high-profile partnerships. Their continued success has led to a record $7.5 million in promotions given away in February 2021.
One of several promotions for players with smaller bankrolls is the Daily Freebie formerly the Daily Free Spin.
This was launched on September 7, 2020. It has given verified players the opportunity to claim one $0.25 Spin & Gold ticket every day ever since. The free ticket courtesy of GGPoker continues to be available under the new name three times per week—*but this rotates with other ticket types.*
Players can see the next six upcoming Daily Freebies listed under the “My Promo” tab. A new daily gift becomes available after each daily reset at midnight Pacific time. Each ticket will continue to feature an expiration date of 24 hours once the Daily Freebie has been awarded.
The current rotation of Daily Freebie is fixed for the time being. However, GGPoker hopes “to change the daily prizes on a semi-regular basis,” according to Burke. He also hinted at a strong possibility that the Daily Freebie will include the alternative currencies C$ or T$ sometime soon.
Newly included as a prize in the Daily Freebie is a $1 Spin & Gold ticket, which can be claimed once per week. Furthermore, five $0.05 Flip & Go tickets are up for grabs three times per week, giving players the chance at trying the new tournament format free of charge.
As a mixture between a Flipout and regular tournament, Flip & Go was launched on January 12, 2021. However, it only took a few days for the first tweaks to be made. Initially slated to take place once every hour, it was soon increased to once every 30 minutes.
The buy-ins were also adjusted and the lowest available stake was increased to $0.05 with a guarantee of $50. Players can now take a shot at their own leisure three times per week and enter this lowest tier with five stacks thanks to the Daily Freebie.
Upon launch, the Flip & Go featured a maximum of 10 entries for each of the four stakes. However, that number has been adjusted recently and the stacks for purchase are now capped at a maximum of eight. This makes the bonus stacks based on the holdings during the Flipout stage more valuable in comparison.
The overall feedback for the new tournament format has been very positive, as outlined by Burke.
“Players love it! We have been very pleasantly surprised by the positivity seen across almost all feedback, of course not all players are interested in a new game type but those who have tried it have mostly good things to say about Flip & Go. We’ve also received some constructive criticism, which is also valuable.”
Further tweaks to the Flip & Go format may very well possible, as GGPoker is constantly reviewing and optimizing its schedule. One such adjustment was made with the expansion of the popular Daily GGMasters earlier in February.
The changes to the Daily Freebie promotion went live on February 10. All verified GGPoker players in eligible countries can claim their daily gift under the “My Promo” tab after each daily reset.
Starting from 16th February to 28th February, PokerBaazi will be hosting the Daily Cash Smash! 13 Days, daily leaderboards and prize pool of INR 21.45 Lakhs! The players can grind any of the three (NLHE/PLO-4/PLO-5) cash tables and all the chips won from the leaderboards will be withdrawable (separate for all three variants)!
All players will have a chance to win from a daily prize pool of INR 1.65 Lakhs! All you have to do is play the cash tables between 10:00 AM – 4:00 AM!
The Daily Leaderboard prize pool
5/10 & 10/25 (Texas Hold’Em): Daily 8k Leaderboard
1/2 & 2/5 (Texas Hold’Em): Daily 4k Leaderboard
25/50 & 50/100 (Texas Hold’Em): Daily 12k Leaderboard
5/10 & 10/25 (PLO-5): Daily 6k Leaderboard
25/50 & 50/100 (PLO-5): Daily 15k Leaderboard
1/2 & 2/5 (PLO-4): Daily 2k Leaderboard
10/25 & 25/50 (PLO-4): Daily 8k Leaderboard
It’s time to grind again on PokerBaazi, but this time, it’s going to have to be on the cash felts! Head over to the link below for more information about the Daily Cash Smash 2.0 and Leaderboards
For more information about the latest poker promotions and poker news, keep reading PokerShots!
It may not have originated in Ireland, but the phrase “the luck of the Irish” rings loudly in the country. According to The Irish Post, more money is spent, per capita, on gambling in Ireland than in almost all other countries around the world. Only in two countries – Australia and Singapore – is more spent hitting the slots and the tables than in Ireland.The media outlet doesn’t source its data, but indicates that the Irish love online gambling more than any other form. Online gambling spend is 60%, greatly superior to other forms gambling and sports gambling, which only accounts for 15% of the money. The lottery receives a 10% cut, the same amount given to gambling machines and slots. Casinos, of which Ireland has around 20, pick up 5% of the action.While Australia and Singapore may see more gambling spend per capita, Ireland is the hands-down winner in online gaming spend, with The Irish Post asserting, “Ireland takes the lead globally when it comes to online gambling.” It adds, “With almost 3 billion American dollars spent on gambling and betting every year, that means that each man, woman, and child in Ireland are spending roughly 500 [euros] ($607) annually on this type of entertainment.”The media outlet further indicates that online gambling is most popular in Ireland because the segment is more regulated. It cites “outdated laws” that some casinos are exploiting to attract attention, but the transparency and accountability afforded gamblers by online operators give them an edge. The Irish Post explains that, according to reports, many Irish would prefer to gamble in a British casino than in a domestic one, possibly as a result of the outdated laws.Even before the COVID-19 pandemic, the Irish loved to gamble online and the segment increased about 15% each year. Last year, with the coronavirus in full swing, the numbers jumped substantially and, with the introduction of live online casino games and live sports gambling, the online segment has skyrocketed in popularity. Online gambling is inarguably the future, looking down the road 20 to 30 years, but it’s never too early for casino operators to start preparing.Surprisingly, the U.S. ranks fifth in terms of per-capita gambling spend, even less than Finland. However, with a population of over 330 million, it’s the largest market available. $120 billion was spent on gambling in the country in 2019, while the Irish spent $2.7 billion through its population of less than five million.
By Ken Adams:
How do you prepare for playing in the WSOP Main Event? Everyone has their own ideas about what you can do to increase your chances of making a deep run. If you think you can’t learn anything useful by studying Jamie Gold’s successful championship run in 2006, you are mistaken. Whatever your opinion of Jamie’s poker skills, you would do well to copy his habit of snacking on blueberries throughout the long tournament days.
Your brain requires an enormous amount of energy. And the fuel it consumes is glucose. When it gets low on glucose, mental fatigue sets in. When that happens, the speed and accuracy of your decision-making decreases. So does your patience and self-control.
If you want to see some amazing proof of how mental fatigue reduces self discipline and decision-making ability, check out “Will Power; Rediscovering the Greatest Human Strength” by Roy Baumeister, a research psychologist. The book describes dozens of research projects like the classic marshmallow test, first done 50 years ago at Stanford University. A child was seated at a table. A marshmallow was placed on the table. The child was told (s)he could eat the marshmallow any time (s)he wanted. But if (s)he waited three minutes until the timer went off, (s)he could have two marshmallows. Some children ate the marshmallow almost immediately. Others struggled for a while but ended up eating it before the alarm went off. Some succeeded in waiting the entire three minutes and were rewarded. The latter group were then given a series of increasingly difficult puzzles to do, designed to create mental fatigue and frustration. Then they were given the marshmallow test again. Almost none had the patience and self control to wait three minutes again before eating the marshmallow.
As time progressed, brain scanning technology gave neuroscientists the ability to observe changes within the brain during experiments like these. They found that both physical and mental exertion reduce blood sugar, causing physical and mental fatigue including reduced patience, self discipline and decision-making ability.
Lest you think that playing in the WSOP Main Event does not cause mental fatigue, read the chapter in Baumeister’s book on “decision fatigue”. He describes research experiments involving common consumer purchases like buying a car (which color do you want? Which engine? Which interior package? Etc. etc. etc.) or ordering a custom-made suit (which fabric? Solid, striped or plaid? Cuffs or plain? Pleated or not? Break or no break? Single vent, double or none? Three button or two? Etc.) Consistently, as the number of decisions and choices multiplies, the consumer’s patience declines and in the end, (s)he ends up deferring to whatever the salesman recommends. That is why skilled car salesmen leave the most expensive options to last. Experiments have shown that having to make a large number of decisions under time pressure consumes energy (glucose) and increases brain fatigue.
During the Main Event you will play five two-hour levels per day. Assuming an average of four orbits per hour, you will be dealt about 400 hands. Assuming you fold 300 of them before the flop, another 40 after the flop, and 40 after the turn, (with multiple betting decisions on some rounds), each day you will have to make at least 750 decisions whether to fold, call or raise (and if raise, how much), each in less than 60 seconds. What can you do to reduce the extent to which fatigue (a) impairs the quality of your decision-making toward the end of the tournament day, and (b) reduces your self-discipline (making you more vulnerable to tilt)?
As documented in the research summarized in Baumeister’s book, the two most effective ways to counteract those effects are with sleep and glucose. Since there is not much opportunity to sleep during the tournament day, the only option is to pay attention to your glucose (blood sugar) level. You might think that the thing to do is eat candy, or swallow glucose tablets. But quick hits of glucose to the brain produce short-lasting spikes of energy, followed by crashes, which is NOT what you need. Instead, you want to maintain a steady intake of slower metabolizing sources of glucose, of which fruit and nuts are among the best examples. Blueberries happen to be one of the best, according to Baumeister. Which brings us back to Jamie Gold.
So if you want to emulate Jamie Gold’s 2006 results, get plenty of sleep each night and snack on blueberries during the day. If you don’t win the tournament, at least it won’t be because your brain didn’t have enough energy to make good decisions.
If you’ve never seen Dara O’Kearney and David Lappin hosting The Lock-In before, then you’ve already missed out on some of the best poker content that has been out there during your country’s version of lockdown. If that’s the case, then head here for a more general look at The Lock-In and enjoy the whole canon. If you’re already a confirmed fan, however (guilty as charged), then this week’s detailed look at the action between Doug Polk and Daniel Negreanu by the challenge’s winner – Polk if you’ve been living under a soundproofed rock at least a continent away from Las Vegas – is just for you. In it, Doug Polk answers a range of questions from the Irish poker legends as he goes deep in terms of analysing his win and talking the boys and viewers through how he did it. Crib notes – it was a lot of hard work. In this episode of the Lock-In, it would be easy for Lappin and O’Kearney to simply gloat at Negreanu, especially as the Canadian six-time WSOP bracelet winner was both ignorant and disparaging in equal measure to their award-winning podcast when The Chip Race (presented by the Irish duo) was given due credit by their peers at The Global Poker Awards of 2019. That they don’t is to their credit and the very reason why both The Chip Race and The Lock-In have become essential viewing over the last few years, with the questions both detailed and knowledgeable and the pace of the interview perfect for their subject, the eponymous Polk – to eulogise on exactly what went right and wrong. There’s not a sausage in sight and Polk is refreshingly honest and open about how he structured his attack on Negreanu and in breaking down the closing half of the challenge, we learn a lot about how even the best heads-up online players stay at the level they’re at – hours and hours (and more hours) of work. Polk’s success, of course, came to the tune of $1.2 million eventually, but that took a huge winning session in the last yards to mean a seven-figure win was confirmed and was done so with a modicum of humility by Polk. He was the player many saw as the aggressor early on, but opinions have rightly changed on that. Negreanu frequently believed that he played ‘perfect poker’, but Polk laughs at the very idea, admitting to making hundreds of errors as anyone would do in a massive heads-up challenge, even the best in the world. Polk is honest enough to admit that should the heads-up game have been live, then he may have been a marginal dog in the fight, but between the three men, they go into some great detail around exactly why this kind of game would not have been totally to Negreanu’s advantage had it gone ahead. Of course, had the pair arranged to play 25,000 live hands of heads-up poker, it’s likely we would be covering it by the time Donald Trump runs for U.S. President again in 2024. Don’t shake your head; it could happen. Polk is called ‘hyper aware of his weaknesses’ by David Lappin and in a complimentary fashion, which Polk responds to very well, taking the time to talk about ‘knowing what he doesn’t know’, and as he describes, he has always been perfectly prepared to look at solvers, analyse his play and be open enough to look at where he has been wrong. The more you watch of the episode, you more that you realise Polk’s strength in the challenge was actually to appreciate that every session is full of mistakes by both players and being ‘hyper-aware’ of that was the edge. If you haven’t seen the hour-long special, then it’s essential viewing and can be viewed right here: Doug Polk is pure gold throughout, but he’s helped more than adequately by two of the best presenters in poker. If only they weren’t so successful at the felt, we might be treated to O’Kearney and Lappin presenting the game on a more regular basis whenever live poker returns, because apart from high-beef content sausage proprietors, who wouldn’t watch them?
Lessons I’ve Learned at the World Championship
by Jennifer Shahade
The two-time US women’s chess champion, and PokerStars Mind Sports Ambassador Jennifer Shahade admits that her biggest highlight of this poker season was winning the TonyBet Open Face Chinese World Championship High Roller event. Not only was it the biggest live buy-in she ever played, it was also the biggest cash prize of her career.
Since the event was streamed live, the recorded video footage allowed Jennifer to analyze her own game and use it to teach others about OFC poker. In this piece Jennifer shares her thoughts on two hands she played during the tournament and looks at them in more detail.
At this point of the tournament I had Jason Mercier and Marek Kolk as my opponents. Jason is a really good player under pressure, he has a lot of experience. In Open Face Chinese I think he plays a bit more conservatively than average. Jason is also extremely dangerous under new formats and new situations, as he can adjust very quickly, being used to that from high stakes mixed games.
So considering many of the players were not as used to tournament format that could give Jason an edge. I didn’t know as much about Marek Kolk though from the few hands I played with him, he seemed more on the aggressive side and willing to take risks when it’s close, so he and Jason were presenting two very different aspects of the game here.
Just like in other forms of poker, sometimes a more conservative line and a more aggressive line can have similar equity, so in Open Face it’s about trying to figure out when your style is interfering with the correct mathematical choice. I’m not sure where I lie on the spectrum – I think I’m pretty good, of course. Though if I had to identify a leak in this respect, I’d say I am probably a bit too conservative/straightforward when my hand is bad.
When talking about this particular hand, I definitely would have played Queen on top, 2, 3 in the middle and 7, 4 in the back first to act, as Marek did. I can’t see another way to set my hand: 2, 4 in the middle and J, 5, 5 at the bottom seems totally standard, the jack is the perfect kicker for the back.
As for Jason’s hand, anyone who watches my Run It Once videos knows how partial I am to pairs over three-flushes. With all of the kings, tens and sixes live, I’d consider K, K, 6 in the back, ten in the middle and ace up top. Believe it or not we are over 50% to make a boat or quads in this spot, which sounds outrageous, but makes sense when you consider how it’s rather unusual that all of our kings and kickers are live.
It’s also very nice that our other kicker is so live too so we’ll make two pair in the middle quite comfortably. Of course his set is very well designed for fantasyland, though I think my way gets there quite often as well.
I think Marek’s hand was shaping up poorly compared to our hands. Presumably, he did not get a diamond, and Jason was very likely to complete his flush. Meanwhile, all my jacks and fives were live too, and there were still three aces live at the time, so he decided it was time to gamble.
I think I’d play it the same way though I don’t know his discard on the crucial pull where he decided to gamble for Fantasy Land.
I think the value of Fantasy Land is slightly less in three-handed play. As I discuss in my Run It Once videos, however, I think that in three-handed it’s also a little easier to get to it because we will have more information about which kickers will be live and which will be dead.
Whether or not to go for Fantasy late in the game is often a pure math problem! It became a bit more complex in the tournament format with short stacks though I normally believed that if I had a relatively short stack, it was even more profitable to gamble for Fantasy.
It’s also very relevant as to which position we’ll be in when we come out of Fantasy Land. It’s not that important to see our opponent’s first five cards when we set a Fantasy hand, it will only occasionally change our set. However, it’s quite important if we can find ourselves on the button after getting out of Fantasy, rather than “wasting” our button while we are in Fantasy.
A very important factor to consider before playing a live Open Face Chinese poker event is one’s physical and mental preparation. Because you have to play each and every hand, it is very different from Hold’em tournaments.
I had an event in London the day before the OFC High Roller, and I wasn’t confident that I’d be rested enough to play the 10K High Roller. I ended up changing my seat from an aisle to a window the night before, and slept the entire flight. If not for that, maybe I wouldn’t have ended up playing and taking home the biggest cash of my career and the belt!
I was so energized to be in beautiful Prague, and just before sundown, I texted my friend Warren Lush to see what he was up to and how the High Roller was going. He encouraged me to come out and play and I rushed to the tournament. All in all, a great example of the butterfly effect for me.
I also had a wonderful time at the tournament – I’d never played a so-called “High Roller” before, though I’d played 10Ks in Main Events, this was quite different. I noticed that ironically, the atmosphere was more informal and relaxed. I also thought the staff did an exceptional job, especially considering how late the tournament ran. And the food was amazing at Kings Casino, I’ll always remember the steak and champagne I had after winning. I’m missing Prague already!
“You have to have ZERO respect for a dollar when you play tournament poker!”This was the advice I received after busting a recent tourney. I was venting/reviewing with a friend, who is a much better player with A LOT more experience, and he was quick to hit me with this line. We were going over a particular series of hands from the 300k GTD at the Winstar river series in which I went from nursing a short stack for hours, to a sudden heater that propelled me up to almost chip leader at the table. It was a 4-5 hands blitz that had me feeling pretty amazing, but then on the 6th hand a found myself in a gross spot that could have( and probably should have) resulted in getting those new found chips all in! As I discussed the hand history, I mentioned to him that I felt the urge to “save” the chips I had just finally acquired after so patiently waiting all day! He immediately was no longer concerned with the hand history and went right into questioning my mindset and bankroll. “If you want to be a great poker player, you have to have ZERO respect for a dollar when you play poker…as bad as it sounds, it’s true and unfortunately, that’s why so many people become degenerates!” Yikes, straight to the point and brutally honest, but exactly I needed to hear! Suddenly, this seemingly basic hand history review had turned into an explosion of questions about the inner workings of my game! Why was I fearful to lose those chips? Had I been playing scared?“Different kind of playing scared!”The hand history itself was past around and I received several different viewpoints on it, but to this day, I’m still unsure what the correct play was lol So I think I’ll save that for another post, as the more important point was made, maybe THE most important point of my whole poker career!?Have I been letting the “money” effect my decisions?I think we’ve all heard that phrase about being numb to the money in poker. Win or lose, you can’t let the thought of what that money means to you in the real world influence your decisions at the table. All that should matter in the moment is making the correct play. If you bust, you bust. If it’s a tourney you just re-buy or play the next flight. In a cash game you simply reload at the table and move on the the next hand. It’s just standard practice for almost every player I know, myself included. Hell a few times I’ve witnessed friends fire over 10 bullets at a single tournament, with buy-ins ranging from $150 to $1650! I’ve also watched as they reach into their backpacks for another brick of hundreds after getting stacked for the 5th or 6th time. While I’m sure it seems absurd to most normal people,(and it should be) unfortunately for us poker players, that’s kinda just the way it goes sometimes. We chalked it up to variance, running bad, or being unlucky. We just call it a “standard” part of the game and move on. We aren’t being degens, the run bad is REAL, right?! lol“Nah, it’s definitely about the money…”Seriously who burns all that money!? lol Don’t listen to the Joker up there, its always about the money! Well of course, being the best poker player you can be should be the ultimate goal for any seriously player (Sending a message? lol). Hmmm, so I guess for poker players, this quote should say something like “Send them the message; It IS about the money! ” So by showing your skills as a player, you plan on beating them and taking their money!? lol;) All joking aside, at the end of the day, it’s about making money. It’s what makes the poker economy go round! If you play professionally, you need to be earning and saving money to support yourself and possibly your family. You can’t be blowing through 10 buy-ins every weekend, when that money could have been your mortgage payment! It may not be as serious for you if you’re a recreational player, but not making money still means you’re not WINNING and what’s the point of competing if you can’t WIN? So no matter Pro or Rec player, the question becomes; What separates a typical “poker player” and from being a true Gambler. Where do we draw the line? Are we being financially irresponsible or making sound poker decisions?!“Every beginning has an end…”After continuing to hear my friends advice repeat in my head every time I’ve sat down to play since that day lol I realized I had to take a l hard look in the mirror and ask myself; Am I a poker player or am I a DEGEN? I mean I like to think I’m still pretty tame compared to a lot of players out there. Never being THAT out of control, but I’ve clearly made my share of mistakes. I’ve re-bought when I knew I shouldn’t, I’ve played above my means, played in bad games, played too many games at once, etc. You name it, I’m sure I’ve done it at some point, but at least I’m finally here asking, why did I do it? Have I been making the correct plays every time and just getting unlucky or have I been blind to my errors and just convinced myself what i was doing was “standard” !? Why it has taken me this long to really stop and think about it!? To realize something needs to change?So many questions and only one answer comes to my mind…Bankroll Management. The problem and the solution are the same. For me, sound decision making in poker starts with sound Bank Roll Management. Also it’s the only real thing I can control to prove to myself that I’m a winning player. So in the next post I’ll discuss general bankroll management strategies, outline my plan, and officially kick off my Intertops Bankroll Challenge.Run GoodTimPS: use promo code TOK2017 with the link to help build you’re Roll!
เกม คาสิโน ได้เงินจริง
เกม คาสิโน ออนไลน์
คาสิโน ใหม่ ล่าสุด
คาสิโน ออนไลน์ สล็อต
เฮง เฮง คาสิโน…
เกม คาสิโน ได้เงินจริง
เกม คาสิโน ออนไลน์
คาสิโน ใหม่ ล่าสุด
คาสิโน ออนไลน์ สล็อต
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วิดีโอ YouTube ส่วนใหญ่ที่มีผู้เล่นโป๊กเกอร์จะคล้ายกัน พวกเขามีปัญหาเมื่อผู้เล่นโป๊กเกอร์เริ่มต้นด้วยเงินจำนวนเล็กน้อยเพื่อเขียนพูดว่า $ 50 และต้องการให้มันกลายเป็นแบ๊งค์ 5 คนเช่น 10,000 ดอลลาร์ นั่นคือสิ่งที่แสดงให้เห็นซีรีส์วิดีโอล่าสุดของ Charlie Carrel บน YouTube เหตุใดการดู Charlie Carrel จึงแตกต่างจากการดูผู้เล่นอื่น ๆ ทั้งแบบออนไลน์หรือแบบสด เป็นเวลานานที่ Charlie Carrel อาศัยอยู่ในโลกของผู้เล่นโป๊กเกอร์ที่ฉันไม่รู้จัก – มีประสบการณ์มาก มันแซงหน้าฉันไปแล้วสำหรับโอกาสที่สมบูรณ์แบบจริงๆ ในช่วงต้นอาชีพการรายงานของฉันฉันได้รับการทดสอบอย่างเหมาะสมกับเหตุการณ์เล็ก ๆ น้อย ๆ ที่ไม่มีใครสังเกตเห็น แต่บางครั้งมีเพียงดวงตาของฉัน แต่นั่นเป็นวิธีที่ถูกต้องและในไม่ช้าฉันก็พบว่าตัวเองอยู่ที่ปรากต่อหน้า Charlie และ Ben Heath เพื่อนสนิทของเขา Carrel และ Heath ใช้เวลาที่เหลือทั้งวันเรียนรู้แบบฝึกหัดเดียวกันและผลัดกันบ่อยๆดังนั้นจึงมีเหตุผลที่จะตรวจสอบสิ่งที่พวกเขาทำ พวกเขาทุกคนอายุน้อยกว่ามีความก้าวหน้าและก้าวหน้ามากกว่าผู้เล่นในวัยเดียวกันซึ่งทำให้ผมประทับใจมากโดยเฉพาะในหมู่ผู้เล่นชาวอังกฤษ ภาพลักษณ์เก่า ๆ ของนักแสดงชาวอังกฤษเป็นชายผิวสีเข้มขี้ระแวง Carrel และ Heath ไม่ได้เป็นเช่นนั้นซึ่งเป็นอากาศบริสุทธิ์จริงๆ เมื่อเผชิญหน้ากับตำแหน่งที่โดดเด่นบนโต๊ะทุกคนในโต๊ะจะพูดถึงหัวข้อที่น่าสนใจเช่นปัญญาประดิษฐ์ มันจะมาเมื่อไหร่มันจะเป็นอย่างไรตลอดชีวิตของเรามันจะเป็นส่วนถาวรของเผ่าพันธุ์มนุษย์? Carrel นำความเป็นไปได้ในการรื้อฟื้นการสนทนาใด ๆ บน YouTube บนสถานีวิทยุยอดนิยม (ที่มีสมาชิก 47,000 คน) และในขณะที่เป้าหมายของการตั้งแบ๊งค์ยังไม่ชัดเจนเท่าที่ Carrel เกี่ยวข้อง ในช่วงไม่กี่ปีที่ผ่านมาเขากลายเป็นคนที่มีความหวังในการฟื้นฟูชีวิต Charlie Carrel เป็นคนที่สนุกสนานในการฟังและดูการเล่นโป๊กเกอร์ มันไม่สมเหตุสมผลเลยที่จะชนะมากกว่า $ 50 ถึง $ 10,000 มันขึ้นอยู่กับว่าโครงการจะใช้เวลานานแค่ไหน แต่ก็เหมือนกับสิ่งต่างๆส่วนใหญ่ในชีวิตการเดินทางที่พิสูจน์แล้วว่าสนุกกว่าปลายทางที่คุณกำลังจะไป ความตื่นเต้นในการดู Charlie Carrel พูดคุยเกี่ยวกับโป๊กเกอร์และชีวิตเป็นสิ่งที่แปลกและน่าตื่นเต้นในความตั้งใจของพวกเขาไม่ใช่ผลที่ตามมา คุณสามารถดูตอนล่าสุดของการเสนอราคาของ Charlie Carrel เพื่อเปลี่ยน $ 50 เป็น $ 10,000 ด้านล่างและเราขอแนะนำอย่างยิ่ง