confession

[Stealthy]

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Everyone in the thread seemed to be against neutral ev gambling in general. If you have a million dollars, what's wrong to flip a coin for $10? If that is fun for you who cares?

fish2plus2, adanthar
can you explain why you disagree?

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the former isn't even gambling at that point I think, it's more of an entertainment expense.

really, what I have problems with is just the blatant disregard for money. I'm not surprised that a 19 year old who went from 0 to > half a mil in under a year has that kind of disregard, but in some way, it's disrespectful of your family and the people around you to do this. there is something very off about wasting half your net worth, mid six figures, in one night flipping virtual coins when your parents are no doubt working for a living for much much less.

I can't verbalize exactly why this is, and if you think I suck, fine. I'll just say that things like this are why online gambling is being banned.

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I agree with this 100%, this was an obscene waste of money.

[ClevelandWasp]

Coin Flips for Advanced Players (FFFAP)
Harrington on Flipaments
The Theory of um...Coin Flips

[ESKiMO-SiCKNE5S]

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Every time you feel like flipping for 4k, find a small charity. Go to them, give them the 4k, ask to walk around with them for a day. I can guarantee you you'll derive a whole lot more happiness from this than the 5-second rush of flipping.

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but if he flips and wins and THEN goes to the charity he can give them $8k!!

[ESKiMO-SiCKNE5S]

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what kills me about all you supposed "math wizzes", it's the fact that everyone here keeps saying it's neutral ev to flip against 3 opponents. That's not neutral ev. He's only got a 25% shot at winning in the long-term. So yes this was gambling and way worse than craps which you're only a 3 or 4% dog in the long run.

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haha yeah i fell for it for about 5 seconds

[fish2plus2]

Adanthar and Diablo nailed it.

Besides those two points, the very fact that someone gains pleasure from the variance of gambling is sickening to me.

[RandomUser]

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Full Tilt Poker Game #1760560937: Table Kennedy (6 max) - $50/$100 - No Limit Hold'em - 3:38:31 ET - 2007/02/09
Seat 1: Roland de Wolfe ($45,912)
Seat 2: Grimstarr ($13,205)
Seat 3: Mike Matusow ($17,106), is sitting out
Seat 4: 007DUMAZZ ($18,759.50)
Seat 5: pareshjain ($13,959)
Seat 6: johny001 ($10,947)
007DUMAZZ posts the small blind of $50
pareshjain posts the big blind of $100
The button is in seat #2
*** HOLE CARDS ***
Dealt to Grimstarr [Ad As]
johny001 raises to $350
Roland de Wolfe calls $350
Grimstarr raises to $1,550
007DUMAZZ calls $1,500
pareshjain folds
johny001 calls $1,200
Roland de Wolfe folds
*** FLOP *** [4s 8h Qd]
007DUMAZZ checks
johny001 checks
Grimstarr has 15 seconds left to act
Grimstarr bets $2,200
007DUMAZZ raises to $4,400
johny001 folds
Grimstarr has 15 seconds left to act
Grimstarr calls $2,200
*** TURN *** [4s 8h Qd] [2h]
007DUMAZZ checks
Grimstarr bets $7,255, and is all in
007DUMAZZ calls $7,255
Grimstarr shows [Ad As]
007DUMAZZ shows [Qh Qc]
*** RIVER *** [4s 8h Qd 2h] [4c]
Grimstarr shows two pair, Aces and Fours
007DUMAZZ shows a full house, Queens full of Fours
007DUMAZZ wins the pot ($28,407) with a full house, Queens full of Fours
Grimstarr is sitting out
*** SUMMARY ***
Total pot $28,410 | Rake $3
Board: [4s 8h Qd 2h 4c]
Seat 1: Roland de Wolfe folded before the Flop
Seat 2: Grimstarr (button) showed [Ad As] and lost with two pair, Aces and Fours
Seat 3: Mike Matusow is sitting out
Seat 4: 007DUMAZZ (small blind) showed [Qh Qc] and won ($28,407) with a full house, Queens full of Fours
Seat 5: pareshjain (big blind) folded before the Flop
Seat 6: johny001 folded on the Flop

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Grimm, how often does this happen to you on overpairs?

Have you ever gone back and looked specifically at overpairs where you were check-raised on the flop to see how much you won or lost longterm?