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  #1  
Old 11-10-2007, 01:22 PM
mocky mocky is offline
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Join Date: Mar 2007
Location: Take off,eh
Posts: 341
Default Re: The house takes all the money.

[ QUOTE ]
that was star city in sydney btw. not much better at crown. austalia is a goldmine of awful poker players.

[/ QUOTE ]


Good old Star city the first casino i was ever in when i lived down under back in 2000.
OP if it sucks so much why even bother to play? Take up golf or something.
  #2  
Old 11-10-2007, 12:26 PM
jman220 jman220 is offline
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Join Date: May 2005
Posts: 7,160
Default Re: The house takes all the money.

[ QUOTE ]
There is no doubt 8 out of 10 players lose in the long run.

[/ QUOTE ]

Its actually closer to 9.3/10 players lose in the long run.
  #3  
Old 11-10-2007, 12:52 PM
Luzyfer Luzyfer is offline
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Join Date: Nov 2006
Posts: 63
Default Re: The house takes all the money.

The thing with poker is that is just not exact science. For example, how do you calculate your edge against the rest of the players at your level? It will probably be an estimate. In blackjack, you know the house has 0.5% on you and you can calculate your edge over it if you come up with a strong strategy. How do you calculate your edge in poker?

In order to make decent money you need to play the midstakes where in today´s online environment is full of strong players who are probably using the same strategy that you are (unless you are the next Phil Ivey or Stu Ungar and have your own original way of playing)which transaltes into have 0% edge over the rest and only the house makes money with its rake (even with rakeback).
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