Sunday, June 25, 2017

is paying 2/3rds of your monthly income in rent a wise investment?

i slept much longer than i anticipated yesterday evening, so if Dan and Alysia (no i doubt they know each other) were looking for me in the Nugget poker room yesterday, sorry i didnt arrive til about 2am.

once i did, i played a very short session, of not even 5 hours. when i left i was still up over $250, which continued my string of 14+ winning sessions in the Nugget. 14 sessions isnt 14 days. i was up over $200 more earlier, but i called a bet with AK high all the way, because i felt a guy might be bluffing due to the flop structure of JT2 5 2 busted flush draw from the flop, but no, he had aa. he called my preflop raise, then bet into me on 3 streets from the SB.

I'm not going to say where i rented. looked all over the hotels reservation websites, looked on airbnb, looked on craigslist, etc, then finally found a place where id be by myself behind a locked door, and where i would feel safe since id have it to myself. Everything was provided for me to use, and includes washer/dryer without cost. just let it be known im paid up thru the end of July and im out over $2000 plus. one of the nicest places ive ever been in, and as long as no one discovers where, im safe here. close to 90% of rentals id be constant fear over home invasion in the middle of the night and being killed for my atm card pin. same way i constantly fear my entire bank account balance disappearing while im sleeping. i'm not going to tell anyone if its a hotel, a high rise near the strip or southpoint, or if its a condo in another part of vegas, but lets just say i will try to find lower priced but still safe accomodations once my time ends. i only make close to $3000 per month, sometimes more often less. when u add in over $500 monthly in Uber costs, plus food, phone, etc, im going to be spending $3000 month too, so i dont see how the roll can grow unless i can find a way to increase my income from $100 day to $200 day.

i dont even think Annie Duke (the best poker player i know) could win $200 per day in $2-5 NL against 8 first time players. good $2-5 NL players make only $45-70k per year. But maybe, just maybe $150 per day is $4500 per month, which still works out. this is why the number #1 priority of the federal govt is to stop inflation, which is best done by ending voting for demoncrats. inflation is one of the biggest causes of homelessness and poverty (increasing rental prices to where no one can get housing). almost as much as alcohol is the cause.

So yesterday i went to walmart and spent $61 for about half a months supply of food. loaded up the freezer and filled the kitchen cubboards.

when the time ends, if i cannot renew, or negotiate a lower price, i think ill return to either Toledo (really Detroit) or shreveport. for i need to be where i get the highest hourly rate, so if not there, would need to go to south florida. for if i returned to getting over $20 per hour, these expenses would be far easier. my hourly in the golden nugget went back to over $13 per hour from when it dropped to $4 per hour, when early in june i was down over $1300. now im up over $3200 in june. this is not the hourly for this month, but since jan 2017 in the nugget. i won so much in shreveport in 2016 ($33,000 in 5 months, and only $13,000 for the other 7 months elsewhere) id returned there long ago if i felt i had at least 25% chance of it continuing. But yes, increasing the income is the goal. not sure if increasing my standard initial buyin of $100 would help in this, or put me more on tilt if i lost it early, meaning id then be rebuying even much bigger, which means too big of swings. and in detroit i won $2500 plus in 3 nights of the final weekend.

controlling yourself from getting angry in the poker room so u can win easier and play your best is quite difficult with all the BS u need to put up with from the other players. primarily, watching them put empty water bottles and even worse, racks, on the floor. Unless they were to watch their mother trip over it, it will never stop. Then u get all the european guys or first timers in this casino who dont even know where the bathroom is, yet know exactly what the nuggets rules would be in certain situations, (mostly theyre wrong). and yet when u complain about improper behavior by others (for instance the guys in the Oaks club continually asking for setups) who gets banned for the game breaking up? you do, not the ones who instigated the problem.

or dealing with the bathroom attendent in the nugget on the night shift, who continously locks all the stalls except those in the further distance in the back, and having to walk thru the entire bathroom to get to it. his supervisor said once they do this when cleaning, guess its due to chemicals. so instead of those chemicals being far away in the back, when they wont endanger no one, because u wont be walking back there, they put them upfront so everyone must walk near and be around them longer while passing both ways by them?

or the guy on my table who insisted the 2 players turn their hand over (u see he blamed them both equally) which is wrong, u blame ONLY the player whose turn it is (who wont act). the guy whose not his turn should NOT turn them over, when he finally does first, and the guy who shouldve showed first folds ITS SIMPLY ENCOURAGING THE SAME GUY TO SLOW IT UP AGAIN THE NEXT TIME. only by making him turn over first and the 2nd guy not showing, will this behavior be resolved. so i got mad at the guy and tried to explain this to him (not the 2 in the hand but the one insisting both show and blaming both).

i blame Rob and the other bloggers for all the spam too, for unlike me, they just ignore it which is why it continues. for example i get the same spam comments from multiple madeup bloggers ids for certain asian gambling sites, which of course ill never post their links to. the comment is made to sound legit, but cannot be posted without being posted in its entirely which includes the spam link. now those guys they just delete it but me im more active. if possible i write the spammer or post on his profile cursing him out telling him off. if all the bloggers did this, the problem would stop.

truth is i shouldve left and went to rays house to save this $2000. but im sick of flying and lazy, not wishing to bother with it no more. $3000 in expenses when only earning $3000 (and i dont know if i truly even average $36k per year because my sample size is too small.) but its too stressful. let me reiterate, when u play poker for a living, nothing is fun about it. life is actually hell on earth when u must win to survive. people only do it because they cant get other work except for work paying even less.


Monday, June 19, 2017

Must find new housing soon

i've pretty much forgotten about this blog. used to be people would remind me to post when ive not been online in a while, but no, not this time. Theres not so much to talk about when im not on a road trip either. Good news is im doing what i should be doing (as far as regaining the money i lost since leaving Detroit). for the first night in ages, im finally over $17,000 once more. i only wish more of it wouldve came from poker, and not BJ.

that being said, im out of the hole for June now, up a little more than $1000 in poker for June. cash that is, ive never tracked tourney wins or losses. im not going to play no more either, for if i do i should probably track them too.

another reason to not play them is if they took 10 hours or more to finish (if u get to the final table). u would need to average 10x your hourly rate in winnings to make it preferable to just playing cash those 10 hours. This is why no serious poker players make thier living by playing tourneys.

the big problem is im losing my housing this Friday. u see, Vinces ex girlfriend from NJ who dealt in the Trop will be moving in with him, arriving on a plane fri night. and he couldnt convince her to let me live there too. so ill either need to leave town or find other accomodations. ive got over $300 in comps in the nugget to carry me for 4 days, and i might just move out early on tues and maybe fly out of here. there's nothing cheap in vegas thats safe, and i dont wish to spend close to $1300 and commit to 60 days for extended stay america.

i need stable housing so i can get ID in whichever state i wish instead of just louisiana and a passport too, for when 2018 comes ill no longer be allowed to fly. plus i need a long term MD too. u see, to order the documents for the big fee from the govt, i wont be doing no traveling til the documents would arrive, or id be out the fee for nothing.

never seen the nugget so busy except during the WSOP. theres like all 13 tables full with lists most of the time in here now, except for the slow part of the early mornings. but no PLO today or yesterday. for like 3 days, it went everyday.




Saturday, June 10, 2017

bankroll management in live poker

Poor bankroll management is the biggest downfall of any professional gambler. 10-20 yrs ago i stayed near broke most of the time due to leaks on video poker, playing the wrong forms of poker, and giving women money. i dont ever give women money no more, i dont play near as much video poker as i used to when Josie still read the blog, and i know better now than to waste time in $1-5 stud (it no longer even exists in most cities) and in $2-6 spread limit or even worse, low stakes fixed limit. no more of this wasting $500-600 of $3000-4000 rolls on even money or 6-5 video BJ in the same day either. im sick when i think of how much i wasted in the past 10 yrs or so, and how my skill level in NL poker would easily allow me a bankroll of well over $200,000 if i were to have been managing money properly all these yrs. wish i werent so lazy.

i think theres 2 good bankroll rules to follow. one, dont put over 5% of your roll on the table or lose over 5% in one day. ($750 in other words). next rule is, quit the table (not neccessaliry for the entire day) when u drop back 1% or more. (which is $150). the goal for $1-2 NL is to keep 100 buyins if u dont have other income, investments, govt checks or assets coming in or credit. if u do have these other sources 30-40 buyins should be enough. Bankroll management is more important than most people give it credit for, indeed much more important than ur skill level. bankroll management failures is why i dropped from a high in Reno of over $45,000 to the $13k or so i was down to last week before i had a slight comeback. good money management wouldnt let me bet 3 spots of $1250 each on BJ. 3 spots of $100 to $150 each wouldve been the correct bet on the count of plus 18. then i wouldnt dropped over $20,000 in the 3 weeks i was in Reno.

so this afternoon im in a game in the Nugget which keeps flip-flopping from tight to loose as players go broke or get up. when i left, it was loose, some new players sat down, most were quite loose or bad, including the guy in seat 9 on my immediate right. im in seat 8, since its 9 handed. theres some bluffers on the other side of my table in 3 or 5 and some bigger pots are starting to develop. im much older than many of the players and theres a good looking woman who i think lives in vegas in the seat next to me. not nearly as good looking as the black girl from ellis island who works in the restaraunt who sat by me and Vince in the BJ table at the longhorn last night, who i was shocked to find out was gay being she sure wasnt ugly like most women are who turn gay. i was curious how she knew me til she told me it was from the VBJ machine ellis isle got rid of. i thought she was a boulder street hooker sitting there as good looking as she was. another hooker who vince and i had just seen walking thru az charlies earlier was in there getting thrown out by longhorn security.

i got dealt 10-10 and made it $6 in early position, one of the loose newer guys raised from out of the  blinds to $30, and so did i and one other guy fearing i was up against a big pair. flop comes 2,3,7 and 2 hearts. so when he bets $45 on the flop, not knowing if he has one or not, or if he might have the flush draw or something else which dont beat 10-10 i call. turn comes J offsuit and he bets once more, other guy is out, i call. on the river i plan to fold if the flush comes and he bets or an overcard comes. river comes offsuit 8, he bets $130 what would u do?

i called, thinking he must surely put me on the flush draw (which i dont got) and think if he had an overpair, he would check, hoping ill bluff since in his mind, i couldnt call. so i thought if he bets, he must either have a set or be bluffing since ive showed strength staying in. turns out hes got KK and is good. i left while i still had $190 of the original $100 buyin that was once up to $467.

i will probably regret the rest of the year not trying todays $200,000 guarantee with only $200 buyin but proper bankroll management wont let me spend over $150 on any one tourney. tired of not cashing, then working 2 days to get back the buyin, but this is standard for tourneys. u need either staked to play tournies or be extremely well rolled to financially and emotionally, to not cash 15 in a row and when u do cash to min cash.

Thursday, June 8, 2017

is Uber corporate deceiving their drivers/riders?

This is not going to be the usual blog entry, but i never have enough material for my poker blog no way, and besides it should be updated more than once per week, im sure most would agree.

Yesterday i got an email from Uber offering me what seemed like the greatest deal ever. (at least for the riders, not the drivers). For $10, a line pass meaning i get unlimited rides anywhere in vegas for $5.99 (up to $25 worth otherwise priced). amounts over $25, id still pay the difference. i would get these much lower priced rides for the whole month. so i thought it would be a wonderful deal. i thought it would even include hoover dam lodge outside boulder city, because it appeared to be in the map coverage area. in fact i thought they mightve even sent it because they seen i sometimes like to take the $30-35 rides out there.

the map showed henderson, summerlin, and im sorry i cant find a link to the map to post here. (can only view in the app) but it does include boulder city. and it looks 2-3 miles outside. guess hoover dam lodge is 2-3 miles too far. but they made the map to look like it was in the coverage area. it wasnt when i tried to book it so i didnt go. of course, i didnt discover this til after id bought the pass. also my $5.99 rides have some weird 18c fee so im being charged $6.17 per ride. (took 3 so far).

used the first one to go to redrock, which would normally be like $25, so i never go of course. its really good action in redrock, and before went last night, my win rate at the redrock was over $100 per hour in the $1-2. (8 hours in Jan where i won over $900, $500 for flopping quads). i did turn my $184 in buyins ($100 plus $44 plus $40) into $500 even at the time the game broke. the bad news is when leaving the poker room, found a 5c 10c 25c 50c $1 bigsplitpoker machine where i proceeded to lose close to $200. then used uber 2 more times, buying food walmart on charleston/arville then to home.

good thing the previous night i won $1100+ mostly in the nugget then in P-ho, to recover most of the loss for June. over $225 of it was won in the $1-2 PLO in the nugget which rarely goes.

i prefer Uber to Lyft for one reason the nonstop social justice warrior BS lyft sends. (so does Ok cupid) promoting homosexuality. lyft sends it out asking people to opt in if they wish $1 of their ride to go towards one of 2 causes one of which is gay PRIDE.

but dont the drivers get paid based on the fares received, and get a portion of this? so if the guy spent 30 minutes driving me to redrock for $6 instead of $25, does this mean his share was only like $3 for 30 minutes work? if so theyre going to hate these line passes, and they wont know im getting the much lower fare and i for one would be afraid to tell them this. it just feels like theyre ripping off the drivers somehow, not letting them know this til long after the rides over how little theyll be paid for their time. would love feedback from uber drivers who see this blog. the drivers really hate uber pool and i dont use it thought its a little cheaper due to fear of a group of people getting in the back seat with me who might rob me or otherwise put me very ill at ease.

these type of fears cost me money my whole life, id be thousands richer in my roll today were i not to have spent extra on hotels 100s of times out of fear of sleeping in cheaper priced rooms. constant fear my room would be forcibly broken into while i sleep. i wish i could handle this fear like the trooper did, when he lived in desert manor.






Monday, June 5, 2017

i played a tourney, (second one this week) usually i do 2-4 every wsop but the smaller ones downtown

well i dont feel like i should be playing any more tournies on my own dime, because i dont have the bankroll to make it thru the variance before i start cashing in them, and when u do cash, its likely for a small amount than a big one. the problem with tournies is they just DO NOT PAY ENOUGH SPOTS. u see, the tournies i played in the old days online pokerstars, (not counting PLO8 tournies) were the double or nothing, 1 table, half the field gets paid. i always wished they had them with fields of 100 people instead of 10 people. and any other tournies i didnt feel were worth playing because it was too hard to reach the final table. then of course i discovered triple up sngs on ignition which pay 33% of a 9 player field, but id still prefer large fields instead of 1 table. i think somewhere i heard a live casino paid 25% of their players in an event or several events once, but i dont know where it was or if it was in vegas.

people who strictly play satellites which could pay out like 20% or more of the field, (with no intention to play the tourney itself, but to sell it) make money similar to this. so there are at least some people who agree that more people should be paid.

at least 120 of the 159 entries busted out before me in the mixed stud8 omaha8 event in the nugget. so its hard to feel i did poorly, yet i didnt get the money. after running it up from 15,000 starting stack to still being only 18,000 on level 12 break, to 54,000 by level 14 dinner break, to then 73,000 right after sitting down, within the next 45 minutes it quickly went to nothing and bustout when some powerful draws missed. blinds were 3000-6000 in omaha and bets were 3000-6000 in stud8 so its not that many chips. then it went to 4000-8000 before i went broke.

so this is why i said practically everyone but the ones with enough chips to make the final table (last prize money of $436 for 16th, etc) up to i think over $7,000 for first, would been better off chopping 40 ways of over $750 each. now i know this would never happen, but its idiotic for people who should know better to say on twitter that it wouldnt have benefitted the vast majority of the 40 who were still in. $500 profit is very good, considering only about 5% of the working class earns this on their jobs. nor do most poker players, less than 5% of the people who play for a living average $500 a day. even good $2-5 NL players only earn $35-50 per hour. as proof im right, if flush draws tourney wouldve had a flat prize pool of $750 each of the final 40 people, think how much better off he would be now. he too came within striking distance of the money, too bad we missed.

so i dont see why so many thought my statements incorrect on twitter. ive got too many rich guys with money and jobs reading it who dont play for a living and not enough grinders who depend on it to live. u always need to do whats best for ur bankroll, not to go for first only. otherwise why not just buy lottery tickets where only 1 guy wins it all?