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Lying About Poker

5: When you start steaming give up for the day and save your bankroll.
this is super bad advice if you’re trying to make money (rather than looking at it as paying money for fun). which i think is most of the audience (some of the other tips look clearly oriented to people trying to make money, e.g. 2 and 4).

if you’re trying to make money at poker, you cannot be a player who steams. if you’re a steamer, you should expect to be a losing player.

the article tip implies it’s OK to be a steamer and try to make money at poker. this is a dirty and nasty lie, encouraging losing players to lose more money (in the disguise of tips to help them win money).
The edges are really small in all the fixed limit games. For an example you can rarely expect to earn more than 5Big bets/100 hands on average even in the good games
and this is lying about what people can reasonably expect to win. 5 big bets per 100 hands is not “really small”. it sounds pretty great.

• 1 – 4 bb/100 = Great. A solid winrate if you can sustain it.
• 5 – 9 bb/100 = Amazing. This is a very high winrate at any level. Consider moving up.
• 10+ bb/100 = Immense. Very, very few have a winrate like this. You probably have a small sample size though.
i don’t know fixed limit holdem that well, but a big bet in it (they were talking 5 big bets/100 hands) is (always?) double the big blind. so they might have just called 10big blinds/100 as a “really small” edge!?!?

let’s check more info by searching fixed limit info in particular:

I think 3.5 big bets per 100 hands (after rake, but before rakeback and bonuses?) is not even close to attainable online right now. I'm not sure what is, but more HU and shorthanded targeting weaker players would obviously boost your winrate. But the best I seem to hear of is around 1.5 BB/100 if avg players at table was like 4 or something. I'm not even 100% on those figures bc it's all pretty much anecdotal.
People that won 3 BB/100 were massive bumhunters and/or constantly buttoning people which is basically cheating. They were not playing regularly and winning 3 BB/100.
In Fixed Limit Holdem we know that good player will have average income 1-2 BB (Big Bets) per 100 hands.
so the article was super fucking lying about 5 big bets per 100 hands being “really small”. completely and utterly lying to people about what sort of income poker might offer. to lure in suckers, i guess.

btw who are the suckers who are fooled? they must be dumb. i don't play poker. maybe it'd help if they were better philosophers. i catch lies like this because i have good thinking methods.

Elliot Temple on December 28, 2014


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