The New Brian

[Talking Poker]

Explain to me why the $300 sitting in your bank account is worth any more or less than:

$300 in your wallet.
$300 in your car.
$300 in your hand.
$300 under your mattress.
$300 in you Neteller account.

Please.

[2Tone]

But I suspect this is how the regulars at 30/60 make their money. If you sit with $300, what are the chances that your big blind won't be three bet?

[Gordogg]

Materially there's no difference. Psychologically it's different because it's money that was won, not earned from your regular job. Fwalg has built his curent roll from fifty bucks, up to 1k now right? And the money he started with was a handout from Empire in the first place. Fwalg has a good job so realistically this money doesn't mean a whole lot one way or the other if he loses it or keeps it. But, if he can score a nice chunk it would mean something. I don't agree with this logic, but I can see where he's coming from.

Edit: GL btw Fwalg. Interested to see how it pans out.

[eddo31]

do you have to sit at 30/60 for this to work?

couldnt you take the same 300 and sit at 5/10, where you will actually have some wiggle room and take a shot? obviously this isnt even close to a bankroll for that level, but at least you wouldnt be playing with 5 big bets.

if you are going to sit ridiculously short for a level, you might as well play no limit where you can push and guarantee that you will see all five board cards.

not that i would ever do something like this, but good luck anyways.

[Aequitas58]

Nevermind.

[SirFWALGMan]

DAAAMN AEQ Man you gotta post, or else TP will need to change your forum name. Bring it resident asshole.

Gordon has it right. Let me ask you this. If you sit at a table of 5/10, and you put $250 down and you lose it. Do you think, "Man, I just lost a car payment?". No you think oh well, my bankroll dipped a little. If I thought of my money as "money" I would never want to play anything. All having fun aside, I do not think it is healthy to see your bankroll as a mortgage payment or a car payment. (Even though $300 covers neither of those things in Boston). I think it leads to playing scared. Just my opinion. Now, I am not saying my way is totally right either, seeing it as nothing at all. I can compartmentalize things though. If I take $5 from my bankroll, run it up to $300, and try and run it up to $1K I can deal with that. It only effects my bankroll -5$ and possibly effects it +1K which allows me to play games that mean more to me on a consistant and more bankroll safe way.

The update for the night. Cash Games Good / MTTs Bad. I played in 3 of them tonight. The closest I came for the night was 45th place. I flopped 2 pair, J6 and pushed. A8 calls. Turns and ace for the trips. Ouch. Oh well. I played it the best way I could. The very next hand my pair of tens ran up against aces.

On the good side I made over $50 in cash games, so it paid for all the MTTs and then some. I got on a nice .25/.50 NL table and scored $30 quickly. I also scored another few bucks at another table. I then played a heads up match with a blogger and smoked him for a nice $20 profit.

Will update you all tomorrow night.

[BlibbityBlabbity]

Car payment ...OK....MORTGAGE in Boston = $300 dollars??? That a really nice cardboard box?

Are you in Boston? I live out in Marlboro...

[SirFWALGMan]

I am just outside of Boston, right by RT90, and yes, $300 buys you a SMALL cardboard box in this state! You ever go to Foxwoods and play Poker? I really need to play live!

[eddo31]

marlboro is the red headed stepchild of the boroughs.

just had to get that in, as a former resident of both southboro and northboro.

[SirFWALGMan]

With 300 I can see 3 rounds of blinds and see a flop or two, play out a hand or two. No great odds, but it has worked twice before. I could play on the 5/10 table with the 300. However I am not going to get the same bang for the buck. If I win at the 30/60 I am easily trippling or quadruppling my money. It is not even a question. If I win at 5/10 I will possibly double it. The experiment is to try and take a HUGE leap and see what happens.

[Zybomb]

Unlike everyone else I dont see this *experiment* as that bad as long as

-- You realize what exactly this is - an experiment

-- The money lost is money that you can simply lose and not be affected by

-- You realize are here straight GAMBLING and not playing a skill game while tilting the odds in your favor

Personally, Id be in favor of stickin it on Red (or black if you prefer) and seeing how long it rides.... but either way

[Gordogg]

Well put Zybomb. I agree 100%.

[Tony Cheval]

The funny thing about this is, I already beat him to the first part of his 'experiment' (see my 2 UB Railbird Me threads from last week).

I have no interest in playing 30/60 myself, though I did pretty much throw away $44 in two SNGs this morning, think I'll stick to tournies where I have the time to catch a good hand before the donkeys elect a leader to coinflip me to death.

[johnp158]

Good point. It would be different if you were proposing this as a surefire money-making scheme. It's definitely your choice. Good luck.

[Talking Poker]

For the record, I have no problem at all with the plan or the gamble or whatever you want to call it.

My problem with this is losing $300 and then saying to yourself "Well, I only lost $5." No....... you lost $300. As soon as you HAD that $300 (which you currently do not, but let's assume you do get it), then it is your money. And when you lose it, it doesn't matter where it came from - it was still worth $300.

No, I don't think of car and house payments when I am playing poker, but when I lose, I don't pretend that it was money I didn't have.

If I won $1 million in Aruba and then lost $900,000 of it playing craps, while my net win for the trip was still $100,000, the fact remains that I lost $900,000 playing craps.

The betting on red thing is a good example. Let's just say you make a $25 bet on red, and you win. Now you've got $50. And you have 2 choices: Bet it or don't bet it. If you bet it an win, you now have $100. Same decision. So you let it ride and double up again to $200. You win a few more times too and the stack in front of you keeps growing:
$400
$800
$1600
$3200
$6400
$12,800
$25,600

At this point, you are feeling pretty good... in fact, you feel like you are on top of the world. You decide to cash out and go home and have your wife coat herself in honey and roll around in a pile of $100 bills.

Halfway to the cage, you decide, "Oh, what the heck - one more time" and you go bet it all again and lose it.

So.... how much did you lose? Yes, you lose a net total of $10 for the night. But you had over $25k in your hand. So IMO, it's stupid to pretend you only lost one $10 bet.

Yes, this was money you had won, but it doesn't matter. You bet $25,600 on red and it came up black. That's a fact. This is no different at all than if you withdrew $25,600 from your bank account and went and bet it on red.

If you can afford to lose that money and don't care, then that's fine... go for it. But don't fool yourself and pretend you only lost $10.

[SirFWALGMan]

Well after two nights of no money, I hit a 9th place finish in the 1K. It did not pay much but it felt good. Still looking for the big one. I also scored $100 playing 1/2 limit so that was nice.

Still waiting for TPs scouting report. I expect him to say "WEAK! WEAK! WEAK! I love it!" but we will see.

[Tony Cheval]

You too huh? I've turned $50 into $115.75 so far at Titan, good hands + soft players = dance all night.