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Tabs stop wasting your time gambling. Granny sex is where its at ;)
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When I deem to drop a dollar in a Slot machine I kiss it goodbye before I drop it in...as I consider it to be gone. |
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The old adage is that the casinos want to keep you playing for as long as they can, because the longer you play the more chance you have of losing your money.
The idea when playing Poker is to play what I would call the hit and run. which means you set a target goal of what one can expect to win that is within reason in the limit game you are playing in. Of course if your random distribution of the cards is a winning distribution one certainly should continue to play until that is no longer occurring. The rational behind this is if you only play till you hit your targeted goal , you avoid the increased risk involved with the continuation of further play and you avoid the cost of that play in the form of the Blinds. |
Its gambling when you place a wage that could pay back a devidend. Thats a could, not a would. Not really that different from the NYSE.
Vegas is a very amazing city with some incredible buildings...all built from loosers. While I am sure you can win, the chance that you will win more than lose is a big nope. They are very good at figuering out how to take your money while providing you a thin vail of entertainment. The gamblers hope is that the next throw will turn things around. Ultimately it won't. The food is great though... |
Poker not gambling...right. 10 years ago you could not find a poker table in Vegas......let alone texas hold'em. The internet and tv exposer made it what it is today....thing is the same percentage of players are loser as before, about 95% plus, just the numbers are greater, so you think thousands are making money WRONG...,,,, back in the day you had a few pros.....you could count them on one hand.......the rest were fish.... dead money degenerate gamblers.
Now with all the tournies and money, people think they all can become a poker genius....for every tourney you have a winner and another qoute "pro"....most you never hear from again. Just watch the last few years WSOP final tables and tell me about all the skill required. |
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As stated casinos work off a percentage of every dollar wagered. Therefore they are not gambling but are collecting a percentage of the cash flow. The object of every good gambler is to minimize the House advantage in the odds by as much as they can. This is where skill in the manipulation of what, where and when you bet comes in. I have won a lot of money over the years playing Poker if you do not deduct the cost of the blinds as being a seat rental charge. The casinos have figured out exactly what the rental charge should be so as to keep the profitability margin down for the players. On a year over year basis I have played at a slight profit margin or break even. When I don't I stop. The House as an incentive or promotion can offer a Bad Beat Jackpot and a share to the players either at the table or playing in the Poker room. This Jackpot can amount to many thousands of dollars. For instance my friend s wife hit it for 60K and since she is not only a good player but also plays lucky it just added to her profit margin. What one can consider this promotion to be is a rebate on the seat rental charge as a bit of every hands Blind goes to pay for this promotion. |
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Tabby, this is also a game of skill played for money. But not as easy to become proficient in as poker. But like poker, all you have to do is be a bit better than those you play with. http://forums.pelicanparts.com/uploa...1302029788.jpg |
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There is an old saying in Poker, "If you can't tell who the Fish is at the table, then you are the Fish." I can figure out who the Fish is and it is I! I am glad there are more Fish out there...who think they are good. As for thousands winning nope...I would say the old geezers who play everyday do it as much for something to do as making a buck at it. If it does cost them some money, it sure doesn't cost em much. Not if you play everyday for 7 years. All you have to do is watch em and see how tight they are. They probably shyte diamonds...and they do have the patience of Job. All they need is a few guyz who think they are Good. Back in the day I played a 5/10 Stud game at the Mirage and all I could do was $150 for the hours invested. The next day I gave some if not all of it back and it was one hand that I got rolled on by a Flush, that was 12 years ago. But since I came up for the Beinfield spoon show it was a mute point. The reason why the Locals feed on the tourists is that the Tourists come up to play, they don't have the time to sit and wait for the cards to come. except for the good ones.. I am talking strictly about cash games....in a Tourney such as the WSOP your only playing with a maximum cash amount of the $10,000 buy in. Chris Moneymaker started with a $40 Internet Tourney buy. BTW he id not a good player Because time is a major factor in Tourneys you have to be on or lucky for a week to get through the 10,000 people who are competing. In other words you can control time in a cash game in a Tourney time constaints control your actions. U can be the bestest player in the world and get knocked out in the first day. Tourneys are a whole differenct skill set than a cash game. |
I was playing with one old 80 year old geezer in a 4/8 Hodem game at the Red Rock when it first opened. He had AK and the betting was capped at $16 before the Flop. He folded. as it turned out he would have had a pair of A's and won the hand. I told him if he couldn't play the AK before the Flop he should stay at home. AK suited before the Flop in Holdem has more outs than a pair of pocket A's and is considered to be a marginally stronger hand.
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I know the locals you are talking about.....but playing tight poker is like watching paint dry. I have always done pretty well playing seven card. Can't even remember when I started playing. The young guys I play don't even want to learn it.
Twenty years ago most fish didn't even know what position was let alone now to play it.......today everybody has read all the same books....even Brunson says you can't play his original strategy. Played a WSOP last year.....the young kids play two gears, raising or folding. spend the rest of the week playing cash at the Venetian, the action was great, especially the guys trying to play the super system, some just keep firing. Great stuff. But poker is gambling, because no matter how well you play a given hand, you can still get beat by someone playing it very bad. |
Played last night in a sit and go. I was short stacked and in the big blind. The big blind was 1600 and I only had 4000. I knew I was pushing when three others went in as there was good money on the table. I pushed with a 2-7 and two called and one folded
One guy had suited 10-J and the other A-9 I paired the 2's and won the pot. Thats why they call it gambling |
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Sunday I have pocket 9's, called the Flop. 9 junk junk comes so I have Trips. I check everybody checks but a Chinese gal who is playing lucky and fairly loose. I call and a couple of others call. Junk comes I check again as well as everybody except the Chinese gal..I raise and everybody folds including the Chinese gal who had to think about it for about 45 seconds...Oh and as I said everybody at the table was playing down except for one player..who wasn't playing No Foldem Holdem. And oh yes I suppose you don't stand in front of a freight train either, in any session you are going to get beaten, but with time and patience you can pick your spots. With no limit you can make the cowboys pay and dearly to see that next card when you pick your fight. |
Also if you recall the quip, "Not the way I play it" to the question is this considered to be gambling is a WC Fields line...
BTW the only strategy I play is, I WANT YOUR MONEY.. |
Strangelove...
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BTW,
Above my avatar is the word "Merkwurdigliebe" which is German for "Strangelove", one of my all-time favorite movies! |
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rjp |
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Also I prominently mentioned a Major (ret) Bartholomew Guano as taking a position with the Coke Cola company as VP of Vending machines on military bases after retiring from the military. That little Thread went on for about 10 pages... |
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