Re: [AMA] The Life of a Professional Gambler

Quote from: tyKiwanuka on February 03, 2020, 12:26:40 PM

Quote from: Betwrong on February 03, 2020, 10:56:07 AM

But if you do have such experience, can you please confirm or deny my theory regarding the high stakes poker players' aggressiveness, which helps them to win in many cases.
I think it's not so much their skills as their wealth is what helps them to play aggressively, and win as a result. If you can easily afford to lose a $10k buy-in, it gives you an advantage over those for whom it's a big money. Imo, they wouldn't look so skillful under equal conditions.
What are your thoughts on this theory?

Just wealth will get you nowhere in poker though. There have been quite a few celebrities and/or rich businessman that played with the pros and I don't remember any of them being successful with it. A millionaire playing a 0.01 BTC tourney like you mentioned surely has some mental advantage since he isn't bothered about losing that money and is less pressured with it, but you can't beat skill in poker.

If you are playing a $10k buy-in tourney and it's big money for you and you are scared of losing that money, you shouldn't play such a tourney in first place.
~snip~
The poker boom some decade ago has brought up a young generation of loose-aggressive players. They very much changed the whole game, which up until then was more of an old mens game, who were playing more tight-ish. These young people were pretty successful and gave the oldies a good run for their money, because they couldn't adapt. But there are also tight players, that are successful.

I'm studying up from a lot of what the boom brought out. It became a game of solvers and pure math for many of them, also online made it possible to rack up a lot of hands combined with HUD's for reads. The materials I see mostly point out to playing x hands this way pre-flop because over 10 000 hands it's +ev, or making this re-reaise or bluff here for the same reason. Tournaments get trickier as they talk about all the moving pieces as the levels progress and stack sizes change, not to mention Itm pressure. When it comes to cash they say it's more straight forwards and it's about getting stacks in when the numbers say you are +ev. They don't deny that there are still moments where you can exploit a player, but that overall you should have a range and play it the same way each time thinking of the long term.

I found that with the wealth = aggressive play is more prevalent making your way through a micro stakes tournament. I used to only play those as they were fun and I could get a lot of time out of the 1$ or less buy-in. It lost it's fun factor though when re-buys became more prevalent as so many people would spew off or jam all-in and say chill out it's only an 1$ tournament. I have always assumed that higher stakes don't really run the same, as most are there trying to play a higher level... unless you watch the Triton cash games Tongue

Watching some cash game vlogs you definitely see some though that are willing to bluff jam for 100's if not 1000's just because, all you can hope for is to have them beat I guess.