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| Powderhead |
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Powderhead
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| RhynoCZ |
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RhynoCZ
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 Posted: 13:00 - 14 Mar 2018  Post subject: |
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| chris-red wrote: | A friend of mine was telling me about his mate at Uni who used to play online poker, in the end he quit Uni. I asked him "Were his parents mad?" "They were until he bought them a car" turns out he ended up earning 100 and something k the first year and 250k the second.
It wasn't through winning big tournaments but rather through grinding away playing ~8 hands at once playing safe. He played for minimum 12 hours a day though, doesn't sound as glamorous as you'd think  |
That is exactly how my mate started. He heard the exact same story and thought, he could also do that. So he started and was doing quite well at first, it was pretty much his second job, playing several tables at once, low stakes. But then he made a few bad decisions while playing (thought he could do higher blinds) and he never got back up and only dug the hole deeper and deeper. He even started with sporting bets to get quick cash. I once saw him make a bet for the half time of a football match and put down about £500, lost so he tried even higher odds and bet £500 again. Nope, no luck.
A sad story, actually as he still kept claiming he's going to win the money back. As he was in the crapper, no banks would ever lend him money (he already owed some banks), so he started to take money loans from his work colleagues, who then threatened/blackmailed him when he lost it, then he asked around, several mates ''gave'' him the money and the last try to fix things, he loaned money from his parents.
Before he went for the personal bankruptcy, he was so stressed, that he couldn't stop eating, drinking and couldn't crap. He was a mess. Right now he's quite happy how things turned out and works abroad to avoid people. Plus, he now knows exactly what went wrong the first several times he lost a lot of money, the poker is to blame he says, so he now avoids poker, but he still does sporting bets and claims he has a £50 limit per month, which I saw him broke several times. He says he needs to keep betting, as he would go mental otherwise.
He also became a pathological liar. He owed me some money and the stories I heard were just amusingly sad, but I was lucky, he got the money elsewhere and paid me back.
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| Powderhead |
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Powderhead
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| RhynoCZ |
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RhynoCZ
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| Posted: 13:47 - 14 Mar 2018 Post subject: |
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| Powderhead wrote: | | RhynoCZ wrote: | he now avoids poker, but he still does sporting bets |
If he's bad enough at mathematics to think this is a good solution then it's no wonder he was a losing poker player |
He's a gambler, an addict. He keeps betting to stay sane, so he says. Many people told him to seek help, but he claims he's alright ''now''. 
If the court didn't let him do the personal bankrupcy, he'd probably killed himself. He talked about this several times, before he went to the court. He is one of those people that just can't walk away. Even when he won a lot of money, he managed to lose it all in a matter of minutes, + more.
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| Polarbear |
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Polarbear
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| Posted: 13:59 - 14 Mar 2018 Post subject: |
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| RhynoCZ wrote: | | chris-red wrote: | A friend of mine was telling me about his mate at Uni who used to play online poker, in the end he quit Uni. I asked him "Were his parents mad?" "They were until he bought them a car" turns out he ended up earning 100 and something k the first year and 250k the second.
It wasn't through winning big tournaments but rather through grinding away playing ~8 hands at once playing safe. He played for minimum 12 hours a day though, doesn't sound as glamorous as you'd think |
That is exactly how my mate started. He heard the exact same story and thought, he could also do that. So he started and was doing quite well at first, it was pretty much his second job, playing several tables at once, low stakes. But then he made a few bad decisions while playing (thought he could do higher blinds) and he never got back up and only dug the hole deeper and deeper. He even started with sporting bets to get quick cash. I once saw him make a bet for the half time of a football match and put down about £500, lost so he tried even higher odds and bet £500 again. Nope, no luck.
A sad story, actually as he still kept claiming he's going to win the money back. As he was in the crapper, no banks would ever lend him money (he already owed some banks), so he started to take money loans from his work colleagues, who then threatened/blackmailed him when he lost it, then he asked around, several mates ''gave'' him the money and the last try to fix things, he loaned money from his parents.
Before he went for the personal bankruptcy, he was so stressed, that he couldn't stop eating, drinking and couldn't crap. He was a mess. Right now he's quite happy how things turned out and works abroad to avoid people. Plus, he now knows exactly what went wrong the first several times he lost a lot of money, the poker is to blame he says, so he now avoids poker, but he still does sporting bets and claims he has a £50 limit per month, which I saw him broke several times. He says he needs to keep betting, as he would go mental otherwise.
He also became a pathological liar. He owed me some money and the stories I heard were just amusingly sad, but I was lucky, he got the money elsewhere and paid me back. |
Really terrible stories. I know it isn't the responsibility of the state to nanny people, and rightly some will get annoyed by state interference but the boom of online gambling from the blacked out corner bookies from my younger days must fuel a lot of heart breaking for many people and families.
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| Powderhead |
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Powderhead
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| RhynoCZ |
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RhynoCZ
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| Posted: 14:58 - 14 Mar 2018 Post subject: |
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| Polarbear wrote: | Really terrible stories. I know it isn't the responsibility of the state to nanny people, and rightly some will get annoyed by state interference but the boom of online gambling from the blacked out corner bookies from my younger days must fuel a lot of heart breaking for many people and families. |
I do agree with that, but at the same time I say every adult should be responsible for his own behaviour.
I also remember the time before online bets/poker and I must say, fewer people were involved in gambling. Sporting bets were mostly a past time for middle aged men, who actually studied all the team statistics and player rosters etc., they didn't do it to earn money. My father still does that. Gambling was something associated with fruit machines, casino games and illegal games of all sorts. Not many did that though, or at least I can't tell anyone I knew ever did. I only knew stories such as, a mate's mate who had a mate lost this much playing fruit machines/roulette/cards... Many people played and still do the national lottery.
Today, all you need to start losing money is a smartphone and internet connection. You could say that, you wouldn't end up like my mate did, but then many people do and even worse. We as a society can not protect everyone from his own stupidity, that'd be fiddling with human rights and freedoms.
| Powderhead wrote: | | RhynoCZ wrote: | If the court didn't let him do the personal bankrupcy, he'd probably killed himself. He talked about this several times, before he went to the court. He is one of those people that just can't walk away. Even when he won a lot of money, he managed to lose it all in a matter of minutes, + more. |
Grim stuff. Hopefully he turns the corner one day. |
I am rather sceptical. This has been going on for 10+ years, but it was only about 2 years back, that he fecked up so bad, he had to beg the court for the personal bankruptcy. He's got 3 years to go, to fulfil the court's order and then will see what he will do. He's going to have a clean credit record, like nothing of the above ever happened.
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M.C
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Ste
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| Posted: 21:00 - 14 Mar 2018 Post subject: |
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People are very disapproving of gambling but that's up to them.
Just follow the way of the secret squirrel.  |
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sickpup
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Ste
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| Posted: 22:18 - 14 Mar 2018 Post subject: |
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That all ended up in a private forum as the matched betting website people got unhappy about the casino offers being discussed on BCF. :lol
That forum has mostly ground to a halt and I think some people are still going with the offers on matched betting. |
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| Jewlio Rides Again LLB |
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Jewlio Rides Again LLB
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| Posted: 22:55 - 14 Mar 2018 Post subject: |
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Do the secret knock, and ye shall once more see it.
PM G, in other words.
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Omega
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Posted: 20:34 - 18 Mar 2018  Post subject: |
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AshWebster
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Jewlio Rides Again LLB
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| Posted: 18:21 - 19 Mar 2018 Post subject: |
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| AshWebster wrote: | As someone who has managed areas of bookmakers and also someone who has played poker as a sole source of income for a year or two i can shed some insight.
Bookies prey on the weak minded. Whether you are low income and gamblig away your dole money (seen this thousamds of times) or high income and chasing losses (again seen this countless times). They will always try to get you back through the door (or to log in online again)
On the face they feign'responsible gambling' but one of the reasons I quit/stopped going up that ladder was because i refused to badger people into betting extra. Only as an absolute last resort would the LARGE BETTING COMPANY let anyone self exclude. They would actively give them free bets and chilli sauce just to get the urge going again.
My advice to anyone gambling/betting on sports/horses is to just keep it small and fun. Have a little dabble once a week to satisfy the urge, but limit it to an affordable amount (for me i think hmm i could have a Dominos or i could lose this bet..) NEVER pre-spend winnings or gamble to afford/pay off debts... NEVER. I cannot stress that enough.
---
Now poker wise it is ever so slightly different than conventional gambling.. As there is an element of skill (60% skill 40% luck are the somewhat agreed figures). To play properly you need to realise where your edge is at (live, online, tournament, cash etc) and Bankroll accordingly. You will need x amount of buyins for tournaments (and x in the bank for cash) to cope with downswings (which there will be) and variance.
eg i had a roll of £5k. Iam 10x better live than online so i played thurs/fri/sat/saun nights at the local. I'd buy in to cash for £100, and possibly ebuy for another £100 if i got unlucky. (if i played poor i wouldnt rebuy). I would use my live reads and also table talk to get information , as well as buying drinks/rounds for the table (ethically bad but it was my job i know)..
You cant just rock up and expect to make money. yuo have to take time to study, read, prepare before each session, as well as have the mental capacity to cope with the downswings... (AA vs KK will lose 18% of the time) And know that if you play percentage poker then over time the percentages should even out..(if youre winning 65% of your all ins then there could be a downswign for a small while but should even out to 65% winning over time).
Anyway im rambling a bit... If anyone wants any more depth info im happy to help... |
I wish Sky & PaddyPower would throw the offers at me again. 
Sky excluded me from offers when I had a particularly good Chelt festival, when they were doing the 'money back as a free bet' in '16, backing Yorkhill, Diamond King & Black Hercules to win. £537.50 from those 3.
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Hetzer
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Old Thread Alert!
The last post was made 6 years, 27 days ago. Instead of replying here, would creating a new thread be more useful? |
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