Wednesday, 25 April 2012

Variance

Well this month has gone ok so far I guess. Poker players always feel they should be making more than they are but I guess that's part of the territory. Well in money terms all is well playing low stakes and crushing those graduate scheme pay checks . What is difficult is the realisation that I can win/lose in a day what it takes a qualified doctor a week to earn. Perspective is key in dealing with this reality- being around poker for so long it is easy to lose sight of the value of real world money and what it actually takes to earn these amounts.

Thinking about poker it is the only job bar day trading, that you can finish a hard days work and come back with less than you started with. I'm of course used to this but improving your game is just as important as playing and stay ahead of the mean skill level curve.

Anyway heres to running good at the end of the month as I kind of expect to spend a lot next month on random things.

Take care.

Tuesday, 10 April 2012

Poker seems to be a good option

Hey guys,

Well this month is going ok money wise i'm up 700 sterling. I have run pretty bad but what's new?? I have also invested in Tiltbreaker this month as this software will prevent that moment of madness that can crush souls and lose lots of money. I figured it can't hurt having this safety net and that the analysis made in terms of session optimum session length and statistically significant win/loss limits will enable me to be more efficient and ultimately play better. Just been fiddling around with this software and its all set up, so that good news.

Building up a bit of a collection of software and I guess I have achieved my goal in obtaining all of it and learning how to use them.

1) obviously HM2.
2) Leakbuster
3) Tiltbreaker
4) Table Scanner
5) Range Master

With all these tools I have come across the problem of time. Obviously all this analysis, watching training videos and playing is time consuming, but I am happy with the balance at the moment.

The more I hear about employment and what its like working the more I don't like the sound of it. It seems ridiculous that so many people seem to work in jobs/careers they don't really like, with people they don't like, long commutes and expensive work clothes/ suits(that are paid for themselves), hours they don't choose, the commitment to the company that is expected as standard and all this for what seems like meagre pay that is then taxed. It seems to me all this bossing around is akin to a new age debt bondage/ paid slave system, whereby participants are coerced into working in unreasonable conditions for low pay for fear of homelessness, hunger stemming from inability to pay financial commitments such as debts and mortgages.

I think it is this system and poker players lack of participation in it, that makes people suspicious of poker players. Poker players cannot enter into this system or indeed be coerced by it, think about it the extension of bank credit to poker players is non existent. The poker player is outside this system which is so deep rooted it is conventional and by extension encapsulates the masses, the question is who does this serve???? Does is serve the people??? Is it the people who are profiting from it???? I would say the answer is no. However the clever thing about this this system is promises concerning the future and how meritocracy will prevail and how the system once one is older and wiser will serve you and you will get your just rewards for slogging it out when you where younger.

If this is so it would appear that there are alot of old people out there judging from the attire/ personal belongings (e.g. watches/ cars) that got what they deserved as they lacked ambition, drive and capability to succeed and as a consequence failed to be masters of the system.

I think these false promises of a better future will be most acutely felt by my generation and can see it now that people will be out raged when they realise how little pensions they get (if they do exist at all). The notion of immigration being free is widely opposed in the UK but given the population demographic and the economy to go along with all the under 25 year olds with holes in their CV's who is going to pay for them????

I think that playing poker and being on the periphery of the system of coercion is not a bad place to be. I do think that people doing standard careers/ jobs are being very hopeful and unrealistic with their future prospects. The simple fact is that most will be disappointed. So how does someone succeed in this system??? With good degrees being common place, coupled with work experience etc. the capability edge of your top quartile of a cohort is undeniably shrinking. As capability edge shrinks luck or the manifestation of random events occurring will be a evermore important determiner of who ultimately succeeds in life.

People don't understand how much luck there is in life and don't want to. This is because it is human nature to want to rationalise everything in life and have been trained to think in a certain way. This has its roots in the notion of the protestant work ethic. Ultimately I believe what drives people to work is "hope"- hope for a better life in the future. The question is: is this hope justified and realistic????


Sunday, 1 April 2012

HM2 seems to work- a new month and new prospects

Hi Guys,

Well HM2 seems to work now (touch wood). Last month was a write off pretty much- hardly played and only won £600/ $1000. So basically just enough to cover rent, council tax and a bit more, obviously this means I was a net loser last month. I guess thing like this happen from time to time its just really bad timing.

All I can do is look forward to April and work hard. I figure that the standard strata of the working population is working 8 hours a day plus commuting time so this is obviously a good starting point, of course this work commitment rises for those studying professional qualifications in graduate positions which I figure is another 2 hours minimum. The point is that I should not lose sight of the effort people put in at work and I should do the same.

I'm trying to broker a deal today with SunPoker to evaluate if I can commit to their skin on the Ipoker network. I've already discussed the outline of expectations etc but I guess today is the nitty gritty. It has to be sorted today that's all I know, as the Cash Point promotion (network-wide) starts today and basically gives away 750k in 3 months starting today. Regardless of where I am playing I have to be playing for this promotion- far to good to pass up. Negotiations start at noon- starting to feel a bit nervous and can't really sleep- hopefully I can put this MA in Diplomacy to good use today, otherwise I have Poker770 and Expekt Poker lined up as a contingency. Regardless today is going to be a big day- oh I forgot I also have to play a lot of poker as well lol.

Take care.