the poker hierarchy and the doom switch, or the iceman farteth
"Iceman" <oneofcold@yahoo.com> wrote in message news:1156879533.378194.313130@p79g2000cwp.googlegroups.com...
Russ -- This is as close to the truth as you can get. (Russ, responding to some ignorant idiot who claims that mathematics is not very important in poker.)
Ramashiva -- Please Russ, don't show your ignorance by jumping into a discussion about which you know nothing.
Iceman -- Russ has never done THAT before.
Ramashiva -- You may be the master of poker strategy,
Iceman -- If the survey group consisted of Susan "Fluffer" Johnson and Paul "Brownshirt" G.
Ramashiva -- You know, I thought you were smart, up until that remark. You have never posted anything to my knowledge which shows even rudimentary understanding of correct poker strategy. Russ is without question a real authority on poker strategy for virtually every form of poker. Yet you, in your total ignorance, think you can dismiss Russ's clearly superior knowledge of poker strategy with a smartass remark. Now I understand that everything Paul Popinjay has said about you is exactly correct.
Ramashiva -- but you have repeatedly made posts showing your complete ignorance of the mathematics of poker.
Iceman -- Just the mathematics?
Ramashiva -- Yes, just the mathematics, numbnuts. When it comes to actual strategy and how to beat big money poker games, Russ is clearly my superior. Again, with the one exception of limit holdem. In that area, I am quite confident I am the teacher and Russ is the student.
Ramashiva -- Your nonsense about losing bots is just that, nonsense.
Iceman -- Give the man a break. He needs some ridiculous excuse to justify why: he loses.
Ramashiva -- You are a pathetic joke. You have no knowledge of Russ's poker results. Therefore, why do you think your ignorant smartass remarks have any credibility at all???
Ramashiva -- In another analysis, you tried to show that low limit holdem games on the internet could not be beaten. You then proceeded to analyze $2/$4 holdem assuming a $3 rake per hand.
Iceman -- That shows how familiar he is with online poker.
Ramashiva -- Yes, I specifically criticized Russ for claiming he was an expert on online poker, then proceeding to claim $2/$4 holdem online is unbeatable because every pot is raked $3.
Ramashiva -- Get a clue, Russ. Thousands of people, including me, beat $2/$4 holdem on Poker Stars and Party Poker for two or more big bets per hundred hands. Play four simultaneous games, and you are making more per hour than the world's best $20/$40 player in a B&M casino.
Iceman -- Make 1 BB/hr in .50/1, and you are making more per hour from poker than Russ Georgiev.
Ramashiva -- Oh please. You have already convinced everyone that you are a complete idiot. No further proof is necessary. Numerous big money players have testified that Russ was a very successful and very feared big money player for years. You really think your ignorant, uninformed comments do anything but further show what an idiot you are?
Seriously, man, if Russ's hourly rate is $1/hour, please explain how Russ managed to back a bunch of people, many of them total strangers, for a total of about $50,000 in the 2005 WSOP. Please do not claim this never happened, because he backed me personally for $2500. He backed Razzo for one event. He backed Carson for several events. He backed people he did not know at all, just because he liked the humble, respectful way in which they asked for backing. He did not ask anyone, as far as I know, to send him tournament receipts or other proof that they actually entered the tournament. He got exactly zero return on his $50,000 investment.
Do you understand that the only possible explanation for Russ's behavior is that $50,000 is pocket change for him??? Let me give you another example of Russ's generosity. He called me one time for some computer help over the phone. Specifically, he wanted to set up www.pokermafia.com with a webhosting service. He had the domain name registered, but he didn't have a clue how to set up an account with a webhosting service, then point the registrar's database to the DNS servers of the webhosting service. If you know how to do this, it is trivial. If you are a computer illiterate, as Russ still is, then this is a great mystery. I actually did all this for him, right up to paying the webhosting service. I told him --
Here is your username and password. Just log onto the webhosting service and pay for a year in advance, and you are done.
Russ insisted that he send me something for my time. I told him that wouldn't be necessary, that I was glad to help him as a friend. Then, about two weeks later, Russ calls me and says that he always pays people who provide him with a valuable service, and that he wanted to compensate me for the hour I spent helping him. I told him that it really wasn't necessary, but that if he felt compelled to send me money, I would not object too strenuously. I told him to send me what he thought an hour of my time was worth. A few days later, an envelope arrived from Russ. Inside were two crisp, new $100 bills.
All you idiots who think Russ is a busted out losing poker player need to get a clue. Russ makes more in a month playing poker than most of you will ever win in a lifetime, and more than the annual salary of most of you working stiffs.
Russ has always been extremely generous with me. I have no doubt that if I ever needed money, WHICH I MOST EMPHATICALLY DO NOT, I could call Russ and say --
Hey Russ, I am a little short. Could you send me ten grand, and I promise to pay it back within six months? I am also quite confident that Russ would say --
Of course, Bill. I will send you ten grand right away. But don't worry about paying it back. If you pay me back, that's cool. If things don't work out and you can't pay me, don't worry about it.
I know for a fact that Russ is, in fact, this generous, because, even though I have never asked Russ for money, he occasionally gets concerned that I am flat busted and have no money to play. He thinks this because I deliberately poor mouth my financial condition so my enemies, like Treeboy, will not report me to the IRS for tax evasion.
Of course, all this poor mouthing makes Russ concerned for my financial condition, so he calls me or emails me and offers to send me a few thousand so I can step up from $2/$4 to $10/$20. His terms are always the same --
If I win and want to send him a share of my winnings, that is cool. If I lose it all, I shouldn't worry about repaying him. Do you understand that Russ knows quite well that I could just pocket what he sent me, then tell him I lost it all? Once Russ decides he can trust you, he trusts you completely.
You fucking working stiffs who are such poor players that you have to work to get money to play poker need to get a clue. First of all, you need to understand that there is a vast difference between people like yourselves, who have to work to get money to play poker, on the one hand, and people like Russ and me who win enough money playing poker that we don't have to work, on the other hand. As Russ told Eric "Treeboy" LIEbeler --
You are a lawyer who plays poker. I am a professional high-stakes poker player.
You moronic anonymous trolls who post nonsense about Russ being a busted out losing poker player who sleeps in his car also need to get a clue. Newsflash!!! Russ walks around with more money in his pocket than your annual salary. If you were ever stupid enough to sit down in a poker game with Russ, he would quickly win all your money, even if he were playing completely honestly.
You need to learn your place in the poker hierarchy. Russ is at or close to the top in terms of ability to play and win money in tough, big money games. I am way below Russ in the hierarchy, but 98% of you are not qualified to sit at the same table with me.
Of course, I would never ask Russ for money, even if I were broke. I do not ask people for money, except an occasional short term loan if I can't conveniently get my hands on cash for which I have an immediate need, such as buying cannabis. I always pay such loans back promptly. The only occasion that I have ever asked anyone to back me in a tournament was when I jokingly asked Eric "Treeboy" LIEbeler to back me in last year's WSOP. I have to tell you that I was completely flabbergasted that Treeboy was immediately quite interested, and wound up backing me in the $3000 limit holdem tournament in 2005.
People like Greg Raymer, who is a wealthy attorney, yet begged and begged on both RGP and 2+2 for people to back him in the WSOP, are beneath contempt.
If you are broke, for God's sake get a job. Don't be a busted out railbird like Raymer or T.J. "loan me $200 so I can get into action" Cloutier and beg people to put you into action.
Ramashiva -- I laughed my ass off when you proclaimed, after playing internet poker for a few weeks, that you were now the world's leading expert on internet poker. LMFAO!!! The only thing you know about internet poker is how to cheat it.
Iceman -- Which he doesn't even seem to know. Losing bots?
His analysis of losing bots is completely erroneous, as I have explained to him more than once, both on RGP and privately. This is one of Russ's weaknesses. He thinks he knows more about every aspect of poker than anyone else. He most certainly does not. He just dismisses me as a know nothing because I am a low limit player. I can be a low limit player and still be an expert on the mathematics of poker, which is exactly what I am.
Iceman -- Action flops?
Ramashiva -- I don't know about that, but it does make economic sense from the point of view of the cardroom. What makes perfect sense, and what is an indisputable reality, regardless of what those of you in the peanut gallery think, is that at least some online poker rooms, and most certainly Poker Stars, have a doom switch, which they turn on to keep extremely tough players from draining too much money from the fish. Poker Stars does not want tough players like Russ and Ramashiva looting large sums of money from the fish, who include probably at least 90% of those of you reading this right now. So they handicap the strong players. In some cases, this is just a regulator, like people making more draws against you than expected, or your draws don't come in with the frequency expected. They still let you make a profit, just way below your EV. The more extreme example of the doom switch is when you just run into a total brick wall, and a specific player beats you every hand, no matter what. I and many others have experienced exactly this type of scenario --
You raise the pot with AA. Your nemesis behind you reraises, so you cap, assuming 3 raises max. The flop comes AK2. Again, the action is capped headsup. The turn is a 5 and the action is capped one more time. Now you are a little bit worried, because you don't have the nuts. Surely he wouldn't have capped every round with 34??? The river card is a 3, so now you definitely slow down. You check and call. The lunatic shows you J4 offsuit. I am not bullshitting. I have seen this scenario repeatedly. Once the extreme doom switch is thrown, the same player shows up in everyone of your games, and he lays beat after beat on you of this type, capping the action on every round. Please do not give me some patronizing bullshit about how I am just trying to explain away the fact that I am a losing player. I am a very strong winning player, even when the mild doom switch is thrown. I have the Poker Tracker databases to prove it.
Russ and his cheating pack have had similar experiences. Invariably, when they open a new account with a new ID, the new ID wins heavily for a while. Then, suddenly, the new ID cannot win a single hand, no matter what. The extreme doom switch has been thrown. They have exerienced this over and over, at several online poker rooms. But Russ and his cheating pack are not dumb. As soon as it becomes obvious the extreme doom switch has been thrown, they just lock up 80% of the net win, cash out, and abandon the account.
Of course this post will be greeted by hoots and hollers of scorn, as is every post which suggests that any internet poker room has a random number generator which is less than perfect. According to the wisdom of the shills and sycophants of internet poker, the internet poker rooms have no motivation or reason to handicap tough players, or to try to prevent the draining of large sums of money from the suckers (which would be 90% of you who think you know how to play). What the internet poker rooms want as an ideal is for the pool of money represented by the deposits of its customers to swirl around like water draining from a bathtub, with the house slowly draining off all money through the rake.
Everytime a tough player like Russ or Ramashiva comes along, the bathtub springs a leak, and the money gets permanently drained off into the bank accounts of the tough players. Capitalists maximize profits. Capitalists operating internet poker rooms maximize profits by preventing tough players from draining the bathtub.
Please do not show your ignorance by claiming that internet poker rooms have no economic interest in preventing tough players from draining funds permanently from the pool of their customer deposits. Of course they do. Do you know anything at all???
Please do not embarrass yourself by claiming you are a huge winner and have never experienced the doom switch. There are two possibilities --
Either you are a shill for online poker rooms and are simply lying,
Or you are a losing player who has experienced a hot streak and thinks he is the second coming of Ted Forrest.
There is no third possibility. You think large internet poker rooms do not already have sophisticated software which can analyze a player's play to determine if that player is a tough player and a threat to drain the bathtub, or whether that player is just another sucker on a hot streak?
Again, if you really are a heavy winner at internet poker and have never experienced the doom switch, you are simply another clueless sucker on a hot streak. Remember my recounting of my experience of being barred at 21 at Caesars Tahoe when I was stuck $700 at the blackjack table?
Why did they bar me? Very simple. An eye in the sky who was also a proficient card counter was monitoring my play and seeing that I was playing perfect blackjack according to the count, and could thus easily turn a winning shift in the 21 pit into a losing shift with great regularity. Although I represented no serious threat betting three hands, $25/hand, what would happen if I suddenly "found" some serious money and started playing three hands, $10,000/hand? If I played 100 rounds of three hands per hour, which I can easily do since I can play faster than the fastest dealer can deal, then my total betting volume per hour would be $3 million dollars. If my total edge flat betting is 1%, which is very conservative with the favorable rules Caesars Tahoe offered me, then my hourly rate would be $30,000/hour. You think any casino will book action from a player like me who will beat them for $30,000/hour???
I don't think so. The casinos are in business to make money, not to let proficient card counters like me bankrupt them. This is why the casinos routinely bar expert card counters, or take other countermeasures to prevent them from doing serious damage.
Go ahead. Book a challenge match between me and all the casinos in Las Vegas. Give me Caesar's Tahoe rules, including dealing deep into a single deck. Give me a $100 million starting bankroll. Let me flat bet three hands $300,000/hand to start. As my bankroll grows, give me the option of pressing my bets during the shuffle. When my bankroll has grown to $1 billion, I am now playing three hands, $3,000,000 hand. For those of you who do not understand how I am sizing my bets, I am using the Kelly Criterion to size my bets proportional to the product of my edge and total bankroll.
With such a scenario, I will eventually own Las Vegas, lock, stock, and barrel. This is why the casinos are scared to death of me and players like me. All proficient card counters collectively represent exactly the same threat as I would in the above hypothetical scenario.
This makes blackjack a unique game. The world's greatest 21 players lead a furtive, hounded existence, trying to keep the casinos from figuring out how well they play blackjack. The casinos have no interest in playing the world's greatest blackjack players. The casinos are scared to death of the world's greatest blackjack players.
Just as the casinos can determine whether you are a winning 21 player, regardless of your short term results, the internet poker rooms can determine whether you are a strong winning player, regardless of your short term results. If you really have won a lot of money playing online poker and have never experienced the doom switch, there is a very simple explanation --
You are a sucker on a hot streak. You can't play a lick.
Ramashiva -- A man must know his limitations. You obviously do not know yours.
Iceman -- He does, that's why he weasels out of every challenge.
Please tell me how much Chip and Doyle are paying you to post this nonsense??? Russ has never backed out of any challenge. Take Barry Greenstein. Barry backed out of the challenge, not Russ. Barry told Russ he would be at a big tournament, in Australia I believe, and that Barry would play Russ there. Yeah. Right. Sure. Barry knows perfectly well that if Russ ever showed up at a big tournament, he would be whacked for sure. Barry offered to play Russ under conditions he knew Russ would never accept. That is because Barry knows for sure that Russ would eat him alive in a headsup match. Barry MIGHT win. In Las Vegas, when the lamb goes to slaughter, the lamb MIGHT kill the butcher, but the smart money is on the butcher killing the lamb.
Ramashiva -- With regard to the mathematics of poker, especially the Mathematical Theory of Optimum Poker Strategy, you would have to spend six years of full time study earning a bachelor's and master's in mathematics before you would even be qualified to be my student in these areas.
Iceman -- Carson looks like Einstein compared to Russ.
Again, you must be joking. Carson's ignorance of the mathematics of poker is very close to total, as I have shown time after time.
Russ -- This is as close to the truth as you can get. (Russ, responding to some ignorant idiot who claims that mathematics is not very important in poker.)
Ramashiva -- Please Russ, don't show your ignorance by jumping into a discussion about which you know nothing.
Iceman -- Russ has never done THAT before.
Ramashiva -- You may be the master of poker strategy,
Iceman -- If the survey group consisted of Susan "Fluffer" Johnson and Paul "Brownshirt" G.
Ramashiva -- You know, I thought you were smart, up until that remark. You have never posted anything to my knowledge which shows even rudimentary understanding of correct poker strategy. Russ is without question a real authority on poker strategy for virtually every form of poker. Yet you, in your total ignorance, think you can dismiss Russ's clearly superior knowledge of poker strategy with a smartass remark. Now I understand that everything Paul Popinjay has said about you is exactly correct.
Ramashiva -- but you have repeatedly made posts showing your complete ignorance of the mathematics of poker.
Iceman -- Just the mathematics?
Ramashiva -- Yes, just the mathematics, numbnuts. When it comes to actual strategy and how to beat big money poker games, Russ is clearly my superior. Again, with the one exception of limit holdem. In that area, I am quite confident I am the teacher and Russ is the student.
Ramashiva -- Your nonsense about losing bots is just that, nonsense.
Iceman -- Give the man a break. He needs some ridiculous excuse to justify why: he loses.
Ramashiva -- You are a pathetic joke. You have no knowledge of Russ's poker results. Therefore, why do you think your ignorant smartass remarks have any credibility at all???
Ramashiva -- In another analysis, you tried to show that low limit holdem games on the internet could not be beaten. You then proceeded to analyze $2/$4 holdem assuming a $3 rake per hand.
Iceman -- That shows how familiar he is with online poker.
Ramashiva -- Yes, I specifically criticized Russ for claiming he was an expert on online poker, then proceeding to claim $2/$4 holdem online is unbeatable because every pot is raked $3.
Ramashiva -- Get a clue, Russ. Thousands of people, including me, beat $2/$4 holdem on Poker Stars and Party Poker for two or more big bets per hundred hands. Play four simultaneous games, and you are making more per hour than the world's best $20/$40 player in a B&M casino.
Iceman -- Make 1 BB/hr in .50/1, and you are making more per hour from poker than Russ Georgiev.
Ramashiva -- Oh please. You have already convinced everyone that you are a complete idiot. No further proof is necessary. Numerous big money players have testified that Russ was a very successful and very feared big money player for years. You really think your ignorant, uninformed comments do anything but further show what an idiot you are?
Seriously, man, if Russ's hourly rate is $1/hour, please explain how Russ managed to back a bunch of people, many of them total strangers, for a total of about $50,000 in the 2005 WSOP. Please do not claim this never happened, because he backed me personally for $2500. He backed Razzo for one event. He backed Carson for several events. He backed people he did not know at all, just because he liked the humble, respectful way in which they asked for backing. He did not ask anyone, as far as I know, to send him tournament receipts or other proof that they actually entered the tournament. He got exactly zero return on his $50,000 investment.
Do you understand that the only possible explanation for Russ's behavior is that $50,000 is pocket change for him??? Let me give you another example of Russ's generosity. He called me one time for some computer help over the phone. Specifically, he wanted to set up www.pokermafia.com with a webhosting service. He had the domain name registered, but he didn't have a clue how to set up an account with a webhosting service, then point the registrar's database to the DNS servers of the webhosting service. If you know how to do this, it is trivial. If you are a computer illiterate, as Russ still is, then this is a great mystery. I actually did all this for him, right up to paying the webhosting service. I told him --
Here is your username and password. Just log onto the webhosting service and pay for a year in advance, and you are done.
Russ insisted that he send me something for my time. I told him that wouldn't be necessary, that I was glad to help him as a friend. Then, about two weeks later, Russ calls me and says that he always pays people who provide him with a valuable service, and that he wanted to compensate me for the hour I spent helping him. I told him that it really wasn't necessary, but that if he felt compelled to send me money, I would not object too strenuously. I told him to send me what he thought an hour of my time was worth. A few days later, an envelope arrived from Russ. Inside were two crisp, new $100 bills.
All you idiots who think Russ is a busted out losing poker player need to get a clue. Russ makes more in a month playing poker than most of you will ever win in a lifetime, and more than the annual salary of most of you working stiffs.
Russ has always been extremely generous with me. I have no doubt that if I ever needed money, WHICH I MOST EMPHATICALLY DO NOT, I could call Russ and say --
Hey Russ, I am a little short. Could you send me ten grand, and I promise to pay it back within six months? I am also quite confident that Russ would say --
Of course, Bill. I will send you ten grand right away. But don't worry about paying it back. If you pay me back, that's cool. If things don't work out and you can't pay me, don't worry about it.
I know for a fact that Russ is, in fact, this generous, because, even though I have never asked Russ for money, he occasionally gets concerned that I am flat busted and have no money to play. He thinks this because I deliberately poor mouth my financial condition so my enemies, like Treeboy, will not report me to the IRS for tax evasion.
Of course, all this poor mouthing makes Russ concerned for my financial condition, so he calls me or emails me and offers to send me a few thousand so I can step up from $2/$4 to $10/$20. His terms are always the same --
If I win and want to send him a share of my winnings, that is cool. If I lose it all, I shouldn't worry about repaying him. Do you understand that Russ knows quite well that I could just pocket what he sent me, then tell him I lost it all? Once Russ decides he can trust you, he trusts you completely.
You fucking working stiffs who are such poor players that you have to work to get money to play poker need to get a clue. First of all, you need to understand that there is a vast difference between people like yourselves, who have to work to get money to play poker, on the one hand, and people like Russ and me who win enough money playing poker that we don't have to work, on the other hand. As Russ told Eric "Treeboy" LIEbeler --
You are a lawyer who plays poker. I am a professional high-stakes poker player.
You moronic anonymous trolls who post nonsense about Russ being a busted out losing poker player who sleeps in his car also need to get a clue. Newsflash!!! Russ walks around with more money in his pocket than your annual salary. If you were ever stupid enough to sit down in a poker game with Russ, he would quickly win all your money, even if he were playing completely honestly.
You need to learn your place in the poker hierarchy. Russ is at or close to the top in terms of ability to play and win money in tough, big money games. I am way below Russ in the hierarchy, but 98% of you are not qualified to sit at the same table with me.
Of course, I would never ask Russ for money, even if I were broke. I do not ask people for money, except an occasional short term loan if I can't conveniently get my hands on cash for which I have an immediate need, such as buying cannabis. I always pay such loans back promptly. The only occasion that I have ever asked anyone to back me in a tournament was when I jokingly asked Eric "Treeboy" LIEbeler to back me in last year's WSOP. I have to tell you that I was completely flabbergasted that Treeboy was immediately quite interested, and wound up backing me in the $3000 limit holdem tournament in 2005.
People like Greg Raymer, who is a wealthy attorney, yet begged and begged on both RGP and 2+2 for people to back him in the WSOP, are beneath contempt.
If you are broke, for God's sake get a job. Don't be a busted out railbird like Raymer or T.J. "loan me $200 so I can get into action" Cloutier and beg people to put you into action.
Ramashiva -- I laughed my ass off when you proclaimed, after playing internet poker for a few weeks, that you were now the world's leading expert on internet poker. LMFAO!!! The only thing you know about internet poker is how to cheat it.
Iceman -- Which he doesn't even seem to know. Losing bots?
His analysis of losing bots is completely erroneous, as I have explained to him more than once, both on RGP and privately. This is one of Russ's weaknesses. He thinks he knows more about every aspect of poker than anyone else. He most certainly does not. He just dismisses me as a know nothing because I am a low limit player. I can be a low limit player and still be an expert on the mathematics of poker, which is exactly what I am.
Iceman -- Action flops?
Ramashiva -- I don't know about that, but it does make economic sense from the point of view of the cardroom. What makes perfect sense, and what is an indisputable reality, regardless of what those of you in the peanut gallery think, is that at least some online poker rooms, and most certainly Poker Stars, have a doom switch, which they turn on to keep extremely tough players from draining too much money from the fish. Poker Stars does not want tough players like Russ and Ramashiva looting large sums of money from the fish, who include probably at least 90% of those of you reading this right now. So they handicap the strong players. In some cases, this is just a regulator, like people making more draws against you than expected, or your draws don't come in with the frequency expected. They still let you make a profit, just way below your EV. The more extreme example of the doom switch is when you just run into a total brick wall, and a specific player beats you every hand, no matter what. I and many others have experienced exactly this type of scenario --
You raise the pot with AA. Your nemesis behind you reraises, so you cap, assuming 3 raises max. The flop comes AK2. Again, the action is capped headsup. The turn is a 5 and the action is capped one more time. Now you are a little bit worried, because you don't have the nuts. Surely he wouldn't have capped every round with 34??? The river card is a 3, so now you definitely slow down. You check and call. The lunatic shows you J4 offsuit. I am not bullshitting. I have seen this scenario repeatedly. Once the extreme doom switch is thrown, the same player shows up in everyone of your games, and he lays beat after beat on you of this type, capping the action on every round. Please do not give me some patronizing bullshit about how I am just trying to explain away the fact that I am a losing player. I am a very strong winning player, even when the mild doom switch is thrown. I have the Poker Tracker databases to prove it.
Russ and his cheating pack have had similar experiences. Invariably, when they open a new account with a new ID, the new ID wins heavily for a while. Then, suddenly, the new ID cannot win a single hand, no matter what. The extreme doom switch has been thrown. They have exerienced this over and over, at several online poker rooms. But Russ and his cheating pack are not dumb. As soon as it becomes obvious the extreme doom switch has been thrown, they just lock up 80% of the net win, cash out, and abandon the account.
Of course this post will be greeted by hoots and hollers of scorn, as is every post which suggests that any internet poker room has a random number generator which is less than perfect. According to the wisdom of the shills and sycophants of internet poker, the internet poker rooms have no motivation or reason to handicap tough players, or to try to prevent the draining of large sums of money from the suckers (which would be 90% of you who think you know how to play). What the internet poker rooms want as an ideal is for the pool of money represented by the deposits of its customers to swirl around like water draining from a bathtub, with the house slowly draining off all money through the rake.
Everytime a tough player like Russ or Ramashiva comes along, the bathtub springs a leak, and the money gets permanently drained off into the bank accounts of the tough players. Capitalists maximize profits. Capitalists operating internet poker rooms maximize profits by preventing tough players from draining the bathtub.
Please do not show your ignorance by claiming that internet poker rooms have no economic interest in preventing tough players from draining funds permanently from the pool of their customer deposits. Of course they do. Do you know anything at all???
Please do not embarrass yourself by claiming you are a huge winner and have never experienced the doom switch. There are two possibilities --
Either you are a shill for online poker rooms and are simply lying,
Or you are a losing player who has experienced a hot streak and thinks he is the second coming of Ted Forrest.
There is no third possibility. You think large internet poker rooms do not already have sophisticated software which can analyze a player's play to determine if that player is a tough player and a threat to drain the bathtub, or whether that player is just another sucker on a hot streak?
Again, if you really are a heavy winner at internet poker and have never experienced the doom switch, you are simply another clueless sucker on a hot streak. Remember my recounting of my experience of being barred at 21 at Caesars Tahoe when I was stuck $700 at the blackjack table?
Why did they bar me? Very simple. An eye in the sky who was also a proficient card counter was monitoring my play and seeing that I was playing perfect blackjack according to the count, and could thus easily turn a winning shift in the 21 pit into a losing shift with great regularity. Although I represented no serious threat betting three hands, $25/hand, what would happen if I suddenly "found" some serious money and started playing three hands, $10,000/hand? If I played 100 rounds of three hands per hour, which I can easily do since I can play faster than the fastest dealer can deal, then my total betting volume per hour would be $3 million dollars. If my total edge flat betting is 1%, which is very conservative with the favorable rules Caesars Tahoe offered me, then my hourly rate would be $30,000/hour. You think any casino will book action from a player like me who will beat them for $30,000/hour???
I don't think so. The casinos are in business to make money, not to let proficient card counters like me bankrupt them. This is why the casinos routinely bar expert card counters, or take other countermeasures to prevent them from doing serious damage.
Go ahead. Book a challenge match between me and all the casinos in Las Vegas. Give me Caesar's Tahoe rules, including dealing deep into a single deck. Give me a $100 million starting bankroll. Let me flat bet three hands $300,000/hand to start. As my bankroll grows, give me the option of pressing my bets during the shuffle. When my bankroll has grown to $1 billion, I am now playing three hands, $3,000,000 hand. For those of you who do not understand how I am sizing my bets, I am using the Kelly Criterion to size my bets proportional to the product of my edge and total bankroll.
With such a scenario, I will eventually own Las Vegas, lock, stock, and barrel. This is why the casinos are scared to death of me and players like me. All proficient card counters collectively represent exactly the same threat as I would in the above hypothetical scenario.
This makes blackjack a unique game. The world's greatest 21 players lead a furtive, hounded existence, trying to keep the casinos from figuring out how well they play blackjack. The casinos have no interest in playing the world's greatest blackjack players. The casinos are scared to death of the world's greatest blackjack players.
Just as the casinos can determine whether you are a winning 21 player, regardless of your short term results, the internet poker rooms can determine whether you are a strong winning player, regardless of your short term results. If you really have won a lot of money playing online poker and have never experienced the doom switch, there is a very simple explanation --
You are a sucker on a hot streak. You can't play a lick.
Ramashiva -- A man must know his limitations. You obviously do not know yours.
Iceman -- He does, that's why he weasels out of every challenge.
Please tell me how much Chip and Doyle are paying you to post this nonsense??? Russ has never backed out of any challenge. Take Barry Greenstein. Barry backed out of the challenge, not Russ. Barry told Russ he would be at a big tournament, in Australia I believe, and that Barry would play Russ there. Yeah. Right. Sure. Barry knows perfectly well that if Russ ever showed up at a big tournament, he would be whacked for sure. Barry offered to play Russ under conditions he knew Russ would never accept. That is because Barry knows for sure that Russ would eat him alive in a headsup match. Barry MIGHT win. In Las Vegas, when the lamb goes to slaughter, the lamb MIGHT kill the butcher, but the smart money is on the butcher killing the lamb.
Ramashiva -- With regard to the mathematics of poker, especially the Mathematical Theory of Optimum Poker Strategy, you would have to spend six years of full time study earning a bachelor's and master's in mathematics before you would even be qualified to be my student in these areas.
Iceman -- Carson looks like Einstein compared to Russ.
Again, you must be joking. Carson's ignorance of the mathematics of poker is very close to total, as I have shown time after time.
posted by William Coleman at 7:28 AM
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