Recently at the Blog
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| Thursday, 31 July 2008 - 295 Views Apparently, yes, I am running badly this month and my recent poker run proves it! I am $12,000 below expectation and this has also an effect to my poker game. I did not play poker that much in July, but I expected my good run to continue. June was my best month ever (... |
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Random Trading Sports Video
Random Poker Video
$2,500 at 400NL tables, 10BB/100
Video - 486 Views
As I said yesterday, I was going to try my luck at 400NL. I started pretty well but had 30 frightening minutes at one point losing many BBs but managed to make it all back. I was getting played back a lot during that period and my AA-JJ/AK/AQ were facing a lot of aggression on the worst ever flops and finally decided to make a play with TT only to be called by KK and that was one of my biggest losses for the day. Other than that, when you check the video I include in this post, you'll see at the beginning 2 big winning pots for me against the same player. He was the type of player that always goes to showdown!
Click here to Continue Reading |
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Professional Gambling -
Articles
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Wednesday, 04 April 2007 06:31 |
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All these gambling investments are taken place in an environment, which provides some services. And what do I mean by that...
Let's say that someone has found an edge in poker. He finds 3-4 other players who also think that they have found an edge over other players (usually in poker terms, edge has the meaning of skill) and all together want to sit and play. They have, however, many problems to confront such as, who will keep the money until the end of the game, who brings the chips, who will guarantee for the decks, who provides the house, etc.
So, they have another friend who doesn't play poker, but is offering a room in his house, a poker table, chips and he is the one keeping the money, so that the team can play their game totally concentrated. Well, this friend is providing these services and is charging them some money, which is his commission.
Respectively, stock brokers charge commissions for their orders (since
without them, traders couldn't work), online poker rooms charge
commission (rake) for the games the gamblers can play there, betting
exchanges charge their commission for the trading platforms they
provide to bettors/traders, etc.
Does that commission affect the investment's performance? But of
course! And greatly as a matter of fact. However, commission's
influence depends on the field of gambling, the strategy , the money
management and the way the commission is implied (per order, per bet,
per time frame, etc.).
Therefore, the pro gambler needs to find his field of action, his edge,
to take into account the commission and... Is he then ready for the
long run profit ?
If only it was that simple (although for some it already sounds complicated!).
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My name is Jimmakos and I am a full time Gambler. I started playing blackjack in 2003 in the local casino until I wasn't allowed to enter. During the following 2.5 years I traded the UK Horse Racing markets in Betfair.com. Nowadays I'm playing poker online mainly at 