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As a former poker pro: I hated gambling, I just was willing to do it when I had an edge and at poker I had an edge. I almost never gambled at anything else unle
by mattmaroon 1y ago
As a former poker pro: I hated gambling, I just was willing to do it when I had an edge and at poker I had an edge. I almost never gambled at anything else unless I was getting an edge from promotions. Still don’t.
There’s a approximately a 45% chance of losing money on any given day, even for the best players, but it decreases over a big sample. It’s definitely a marathon, not a sprint. That’s true of most things worth doing though.
It’s not lying when it’s part of the game, and kinda silly to view it that way. Is it lying by omission to not tell your chess opponent your strategy?
You are stuck sitting at a table, that’s true. But you choose when you’re there and the only rules really are basic civility so I never found that part difficult.
Money is the scoreboard. Everyone who sits down knows that. I’d argue it’s a lot less bad than how most tech companies make money these days. I’m not selling anyone’s data without them knowing about or understanding it. I’m just taking money from a guy who is trying to take my money. We both voluntarily put the money up to be taken and can stop doing so at any point.
- CGMthrowaway 1y agoThis tracks. Not a pro here, but if you have a 5% edge at a $20 8-seat home game your EV is BEST CASE maybe $20/hour. Which is good for entertainment but not much else
- deleted 1y ago[deleted]
- mattmaroon 1y agoWell, if you’re paying NL against people who don’t know what they’re doing, your win rate should be much higher. But yeah you can only take however much money is on the table so nobody makes a living playing the really low stakes. Back in my day most cash games were limit hold’em (it’s been awhile) and you could pretty easily get to making $50 an hour beating up an amateurs. That was equivalent to about $90/hr today which is pretty great if you’re a young kid playing a game you enjoy.