เมื่อต้นปีก่อนหน้านี้ข้างนิติบัญญัติในเวอร์จิเนียได้อนุมัติมาตรการอนุญาตให้เปิดคาสิโนใหม่ 5 ที่ทั่วทั้งยังเมือง ภายใต้แผนปัจจุบันหนึ่งในสถานที่เล่นเกมกลุ่มนี้จะตั้งอยู่ในเมืองบริสตอล อาทิตย์นี้ประธานท่าอากาศยานในเมืองได้เสวนากับสื่อเกี่ยวกับคุณประโยชน์ด้านการท่องเที่ยวที่อาจเกิดขึ้นเนื่องจากโครงงานคาสิโนบริสตอลซึ่งสามารถนำเมืองมาได้ป้ายเวอร์จิเนีย
ผู้คนจำนวนไม่ใช้น้อยมีความรู้สึกว่าคาสิโนของเวอร์จิเนียจะเติบโตกระทั่งแปลงเป็นหนึ่งในคาสิโนที่ใหญ่ที่สุดในริมฝั่งทิศตะวันออกท้ายที่สุด ถึงแม้การทำให้ถูกกฎหมายของอุตสาหกรรมนี้เกิดขึ้นตอนที่เหนื่อยยาก เดี๋ยวนี้ตรงเวลาที่เยี่ยมที่สุดสำหรับเพื่อการมองว่าเมื่อใดที่คาสิโนที่ใหม่ในบริสตอลบางทีอาจเปิดประตู
Long Road to Casino Legalization ของเวอร์จิเนีย
หลายปีล่วงมาแล้วพวกเราได้ครอบคลุมกฎข้อบังคับการเดิมพันที่เปลี่ยนอย่างช้าๆของเวอร์จิเนีย หลายปีก่อนหน้านี้การเดิมพันแทบทุกแบบอย่างถูกห้ามอย่างสิ้นเชิงตรงนี้ ข้าราชการของเมืองเริ่มตระหนักถึงสมรรถนะสำหรับในการสร้างรายได้ปริมาณมากมายก่ายกองที่คาสิโนถูกต้องตามกฎหมายสามารถประยุกต์ใช้เมื่อราวทศวรรษที่แล้ว
ในตอนต้นปี 2020 การเรียกเก็บเงินอย่างเป็นทางการเพื่อถูกกฎหมายของชนเผ่าแล้วก็คาสิโนเชิงการค้าได้ส่งผ่านที่ประชุมรวมทั้งวุฒิสภาของเวอร์จิเนีย ป๊อกเด้ง ได้รับการช่วยส่งเสริมผ่านและก็ได้รับการยินยอมจากผู้ว่าการ Northam ท้ายที่สุด เวลามันจะเปิดออกไม่เหมาะสม
อุตสาหกรรมคาสิโนบนบกของสหรัฐอเมริกาอยู่ในตำแหน่งที่ยากที่สุดเท่าที่เคยมีมา ย้อนกลับไปในมี.ค.คาสิโนทุกหย่อมหญ้าทั่วทั้งประเทศถูกบังคับให้ปิดตัวลง เมืองต่างๆได้เริ่มทยอยอนุญาตให้ท่านทรัพย์สินพวกนี้เปิดอีกที
ถึงแม้สิ่งต่างๆจะไกลห่างจากธรรมดา กฎเกณฑ์ด้านความปลอดภัยที่เข้มข้นกำหนดไว้ที่คาสิโนทุกหย่อมหญ้าทั่วสหรัฐฯ คาสิโนโดยมากยังคงมีรายได้ต่อเดือนต่ำลงอย่างยิ่งเมื่อเทียบกับเดือนเดียวกันในปี 2019
นี่ไม่ใช่สิ่งที่ข้างนิติบัญญัติของเวอร์จิเนียอยากได้มองเห็น เมืองได้ลงทุนเงินรวมทั้งเวลาจำนวนหลายชิ้นเพื่อทำให้อุตสาหกรรมนี้ไม่ผิดกฎหมาย นักวิเคราะห์บางบุคคลมีความคิดว่าบางทีอาจจะต้องใช้เวลานับเป็นเวลาหลายปีกว่าจะฟื้นสุดกำลังถ้าหากสามารถฟื้นได้เต็มกำลัง
ณ ขณะนี้สามเมืองได้รับอนุญาตอย่างเป็นทางการให้เป็นเจ้าภาพคาสิโนที่ใหม่ของเวอร์จิเนีย ซึ่งรวมทั้ง Norfolk, Portsmouth และก็ Bristol ข้างหลังนี้ยังคงสนับสนุนอย่างมากเพื่อยอดเยี่ยมในเมืองแรกๆในเมืองที่มีคาสิโน
ผู้อาศัยเจ้าของกิจการรวมทั้งข้าราชการผู้คนจำนวนไม่ใช้น้อยตรงนี้รู้สึกตื่นเต้นที่ได้มองเห็นสถานที่เล่นเกมที่ใหม่นี้เปิดให้บริการ อาทิตย์นี้ผู้ผลักดันและสนับสนุนผู้คนจำนวนมากของแผนการได้คุยกับสื่อเกี่ยวกับผลดีที่โครงงานคาสิโนบริสตอลใหม่นี้จะเอามาสู่เมืองนี้ ซึ่งรวมทั้งการเดินทางด้านอากาศรวมทั้งการท่องเที่ยวที่มากขึ้นอย่างยิ่ง
“ ฮาร์ดร็อคจะทำงานโฮเต็ลรวมทั้งคาสิโน จะมีการเชื่อมต่อกับอพาร์เม้นท์อื่นๆของพวกเขาตรงนี้ทั้งยังในประเทศสหรัฐอเมริกาแล้วก็เมืองนอกด้วยเหตุนี้พวกเราก็เลยสามารถเข้าถึงได้ในระดับสากล” เขากล่าว “ บริสตอลจะได้รับช่องทางสำหรับในการดึงดาราที่เป็นที่เรียกร้องตัวมาก …พวกเรามุ่งหวังว่าห้องอาหารและก็ประสบการณ์การช็อปปิ้ง ผู้คนจะมาตรงนี้รวมทั้งพักรวมทั้งเล่นแล้วก็มีส่วนร่วมในสถานที่เที่ยวจำนวนมากเช่นเดียวกัน”
คาสิโนเป็นสถานที่ที่บรรเจิดสำหรับเพื่อการกระตุ้นการท่องเที่ยวในเมือง หลายส่วนของประเทศพึ่งพิงคาสิโนเกือบ 100%เพื่อเย้ายวนใจผู้เข้าชม อย่างที่คุณมุ่งมาดการปิดตัวของคาสิโนในมี.ค.ได้รับการรับรองแล้วว่าสร้างความย่ำแย่ให้กับเมืองพวกนี้
สถานที่ที่นี้คาดว่าจะนำรายได้ภาษีระหว่าง 15 ถึง 20 ล้านดอลลาร์ ในเวลาที่เมืองแล้วก็เมืองต่างๆอยากได้เงินเป็นอย่างมากคุณสามารถรู้เรื่องได้ง่ายว่าเพราะอะไรข้าราชการก็เลยสนับสนุนอย่างมากเพื่อคาสิโน Bristol เปิดให้บริการ
ตั้งแต่พฤษภาคมปี 2018 ทุกเมืองทั่วทั้งประเทศได้รับอนุญาตให้ออกข้อบังคับและก็ควบคุมการเดิมพันกีฬา 18 เมืองได้เปิดตัวหนังสือกีฬาแล้ว อีกหกคนได้อนุมัติใบเสร็จรับเงินการเดิมพันกีฬารวมทั้งจะเปิดตัวเลือกการเดิมพันกีฬาในอนาคตอันใกล้
ตามที่พวกเราได้กล่าวไปแล้วเวอร์จิเนียได้ก้าวไปถึง 180 โดยบริบูรณ์เมื่อเอ่ยถึงจุดยืนของพวกเขาในอุตสาหกรรมการเดิมพัน ป๊อกเด้ง คาสิโนจะเปิดให้บริการทั่วทั้งยังเมืองเร็วนี้ๆ ในก.ค.ปี 2020 ผู้ว่าการ Northam ยังได้อนุมัติมาตรการอนุญาตให้พนันกีฬาอีกทั้งออนไลน์รวมทั้งบนบก
คนจำนวนไม่น้อยจะงงงวยตามความเป็นจริงที่ทำการพนันกีฬามิได้เปลี่ยนเป็นตรงนี้เลย ยิ่งเมืองรอนานเท่าไรก็ยิ่งใช้เวลาสร้างรายได้นานแค่นั้น อย่างไรก็แล้วแต่ในตอนท้ายผู้ร่างกฎหมายอยากที่จะให้มั่นใจว่าอุตสาหกรรมใหม่นี้เปิดตัวด้วยแนวทางที่ถูก
ถ้าหากทั้งหมดทุกอย่างเป็นไปตามกลยุทธ์ก่อสร้างโครงงานคาสิโนบริสตอลจะเริ่มในปีถัดไป นักวิเคราะห์หลายท่านดูเหมือนจะมีความรู้สึกว่าจะมีคุณประโยชน์อย่างยิ่งต่อเมือง พวกเราจะเสนอการอัปเดตเกี่ยวกับคาสิโนนี้รวมทั้งอื่นๆในเมืองถัดไปในอีกไม่กี่อาทิตย์ด้านหน้า…
เมื่อต้นปีก่อนหน้านี้ข้างนิติบัญญัติในเวอร์จิเนียได้อนุมัติมาตรการอนุญาตให้เปิดคาสิโนใหม่ 5 ที่ทั่วทั้งยังเมือง ภายใต้แผนปัจจุบันหนึ่งในสถานที่เล่นเกมกลุ่มนี้จะตั้งอยู่ในเมืองบริสตอล อาทิตย์นี้ประธานท่าอากาศยานในเมืองได้เสวนากับสื่อเกี่ยวกับคุณประโยชน์ด้านการท่องเที่ยวที่อาจเกิดขึ้นเนื่องจากโครงงานคาสิโนบริสตอลซึ่งสามารถนำเมืองมาได้ป้ายเวอร์จิเนีย
In this blog post, I am going to share 10 tips with you that will instantly make you a more profitable player, especially in tournaments. While most players think that playing a fundamentally sound strategy is the only thing that matters, through diligent study and common sense, you will find that the game extends far beyond the felt. I hope this blog post enlightens you to some of these concepts.
Prepare for uncomfortable temperatures
Most casinos keep the temperature quite cold. For this reason, you either need to dress for cold weather or make yourself somewhat accustomed to the cold. During the WSOP, where parts of the tournament venue are freezing, I constantly hear players complaining about how cold it is. They fail to realize that if they prepared ahead of time and brought a jacket, they would be fine. They could also simply order a hot beverage from the cocktail waitress.
I have recently taken this concept one step further. I have started taking freezing cold showers every morning and also long walks outside whenever it is cold. These practices have allowed me to build up immunity to the cold. Even in the coldest poker room, I feel perfectly fine in a t-shirt. That being said, if poker rooms start making the environment hot, I could be in trouble!
Look at your cards properly
If your opponents can see your hand, you are going to have a tough time winning. You must use two hands when looking at your cards. If you only use one, your hand is likely visible from some angle. Don’t think that a chip stack can block your neighbor’s view. You want to make a deep cave with your hands and lift up only the corners of your cards as far back in the cave as possible.
Here are a few images to help you know if you are looking at your cards correctly.
This is not correct:
This is not correct:
This IS correct.
Believe it or not, but I actually had an impossible time finding a picture online of someone holding their cards in an ideal manner! I decided to take this one myself but even then, it was tough to show a good angle because if your cards are concealed properly, the camera should have a tough time seeing the cards. If you are right handed, simply turn the cards 90 degrees before peeking at the corners. If your cards are clearly visible to you and you don’t have to bend over a bit to look at them, you probably aren’t looking at them correctly.
Arrive on time
While some well-known professionals make a point to show up a few hours late to every tournament, I think that if you are in good physical and mental shape, that you should show up on time. There is a ton of value in being able to play short-handed and deep-stacked versus amateur opponents. If you show up late, you miss out on these opportunities. If you start with 30,000 chips in $10,000 buy-in event and can increase your stack to 33,000 on average within the first two hours, which is not too uncommon for a strong player at a soft short-handed table, you have won 10% of a starting stack, which is $1,000 in equity. I am not rich enough to turn down $500 per hour, so I show up and play these levels. Of course, if you are bad at poker, you should not show up on time and instead register as late as possible so that you are effectively gambling, which is much better than you will do compared to playing deep-stacked against good players.
Let your opponents know that you cannot be messed with
Playing in a blatantly straightforward manner is almost always a mistake. There are many reasons for this that I have discussed in my books, but one of the main ones is that your aggressive opponents will assume that they can apply a lot of pressure on you and make you fold unless you have a strong holding. Assuming you want to slowly grind up your stack, the last thing you want to do is induce your aggressive opponents to play back at you, making it difficult for you to steal pots on a regular basis. If at all possible, you want to make your opponents play straightforward against you. In order to do this, you will occasionally have to get a bit out of line and let your opponents know that you are not someone they can pick on.
In a recent WPT event at the BestBet in Jacksonville, I had a fairly aggressive kid directly on my right who made it clear that he was trying to push everyone around. When he reraised me for the first time, I 4-bet, and he called. I continuation bet the flop, and he folded. A little while later, he 3-bet me again. I again 4-bet and he folded. After that, he didn’t mess with me for the remainder of the day. These aggressive actions also induced the rest of the players at the table to stay out of my way because in their minds, it was clear that I was someone who was not afraid to play a big pot. When my straightforward opponents finally showed aggression, I simply folded. I ended up getting seven walks throughout the day, where everyone simply folds around to me when I am in the big blind, whereas no one else got a single one. If players are afraid of you, they will play in a blatantly straightforward manner, allowing you to have your way with the table.
Realize that the “average stack size” is fairly irrelevant
People love irrelevant stats. Just watch ESPN for a few minutes to see what I mean. You will constantly hear the commentators spew irrelevant stats such as “Their quarterback has won 8 straight games in the first week of November.” In poker, there are also a bunch of irrelevant stats. Perhaps the one that amateurs pay the most attention to is the “average stack size”. You instead need to be concerned with the effective stack size at your table and how that should alter your strategy. If the average stack size is 100 big blinds and you have 50 big blinds, there is no need to panic or feel like you are in bad shape. If the average stack size is 10 big blinds and you have 15 big blinds, you should not feel as if you are in a great situation. My best advice is to simply ignore this stat.
I once played in a $1,500 WSOP event where a guy was clearly concerned with the average stack size. Eventually it became clear to me that whenever he turned around to look at the tournament clock, he was checking to see if he had more or less than average. When he had less than average, he would raise with almost any two cards, hoping to get back above average. Once I figured this out, I started reraising him with an overly wide range. He didn’t last too long.
Don’t be distracted
While live poker gives you the opportunity to take in a huge amount of information about your opponents, it also provides you with lots of down time where little is happening. This results in most players becoming bored. They then turn to various distractions, such as their phone, sports, books, talking to their peers, and many other activates to occupy their attention. While it probably isn’t too big of a deal to occupy your time when you are on a break or there is no hand in progress, if you are constantly engaged with activities besides poker, you will not focus well. If you do not focus well, you will miss loads of vital information that will help you adjust to your opponents’ specific tendencies, allowing you to win significantly more money. When playing poker, turn off the distractions and play poker.
Plan your bathroom breaks
If you are anything like me, playing poker when you have to go to the bathroom is not ideal. This should lead you to plan your consumption of food and drinks to line up with when you will have a break in a tournament. For example, I know that after drinking a liquid, I have to pee around an hour later. This means that if I get a break every two hours, I should not drink anything during the first hour. I should also make a point to order my drink around 45 minutes into the level, ensuring it arrives roughly an hour into the level.
I usually have to go to the bathroom around 30 minutes after dinner. This is a particularly interesting situation because if I finish eating at the end of a dinner break, I will have to use the bathroom 30 minutes into the level, meaning I will have to hold it for 90 minutes, assuming two hours between breaks. Since that is obviously not a good situation, I instead make a point to scarf down my food on dinner break such that I am finished eating with 30 minutes left in the break.
By figuring out your tendencies, you will be able to better prepare. Is this too much information for you?!?
Recognize that you don’t have to win every hand you enter
It is important to realize and accept that you will not win every hand you enter. This concept often gives tight players a problem. They assume that since they only enter a few pots, usually with the best hand, that they should win all of them. This leads to them to stick around with obviously beat hands way too long, such as with Q-Q on J-T-7-K or A-A on 8-7-6-3-4. When you are likely to beat, you should get out of the way. If you think you have to win every hand you play, you will almost certainly end up broke.
Do not pay off tight players
This perhaps goes without saying, but if someone only plays premium hands, you do not want to invest significant money without a hand that is better than their range. This means that if a super tight player raises, you should be folding hands that are easily dominated, such as A-J and K-Q. Assuming your stacks are deep, you can play drawing hands, such as 4-4 and 8s-7s, but if you have around 26 big blinds or less, even these should be folded.
I wrote a blog post about this topic in the past. You can check it out here:
Attack the blinds of the tight players
While you should rarely give a tight player action, when the tight players are in the blinds, you should be prone to stealing with an overly wide range, especially if the players between you and the tight blinds are not overly active. It is not uncommon to find spots where you should raise with almost any two cards from the button or cutoff. If you pay attention and actively look for these situations, you will be able to profit with a much wider range of hands than normal.
I hope you enjoyed this blog post. Did you find any of these concepts to be interesting? If so, let me know about it in the comment section below. If you found this blog post to be helpful, please share it with your friends on Twitter and Facebook. If you want more content about the aspects of poker that extend beyond the felt, I suggest you check out my book, Secrets of Professional Tournament Poker, Volume 2. Thanks for reading!
Verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day.One of the most popular promotions for low stakes players on GGPoker has been further expanded.
During the software update on February 10, the Daily Free Spin promotion changed to Daily Freebie. Furthermore, UK players can now also claim the daily gift for a chance to boost their bankrolls.
All players, both existing and new, just need to have verified accounts and log in each day to claim their gift, which lets plays play real money tournaments—and compete for real money cash prizes.
The update has expanded what is given away. Now, there are Daily Freebie tickets for Flip & Go, the super-successful new format introduced in January 2021. It has also undergone some changes since its launch, with GGPoker increasing the frequency and adjusting the buy-ins as well as the maximum number of stacks for purchase.
“GGPoker is happy to confirm that we’ve relaunched our Daily Free Spin offer as the Daily Freebie; verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day. All they need to do is log in and claim their daily reward!” said Paul Burke, Head of Public Relations at GGPoker.
“We hope to continue to change up the rewards on offer in the future, giving all players the opportunity to try out GGPoker’s most exciting games, no matter their bankroll.”
For existing players, Daily Freebie is available immediately—just log in and claim.
If you haven’t yet signed up, you can do so today and enjoy the promotion as soon as you have verified your account. You can also take advantage of all of GGPoker’s generous welcome bonuses.
How the GGPoker Daily Freebie Promotion Works
The operator has seen unprecedented growth in 2020 to become one of the leading online poker platforms for tournaments and cash games. GGPoker has achieved that with a plethora of promotions, innovations, and high-profile partnerships. Their continued success has led to a record $7.5 million in promotions given away in February 2021.
One of several promotions for players with smaller bankrolls is the Daily Freebie formerly the Daily Free Spin.
This was launched on September 7, 2020. It has given verified players the opportunity to claim one $0.25 Spin & Gold ticket every day ever since. The free ticket courtesy of GGPoker continues to be available under the new name three times per week—*but this rotates with other ticket types.*
Players can see the next six upcoming Daily Freebies listed under the “My Promo” tab. A new daily gift becomes available after each daily reset at midnight Pacific time. Each ticket will continue to feature an expiration date of 24 hours once the Daily Freebie has been awarded.
The current rotation of Daily Freebie is fixed for the time being. However, GGPoker hopes “to change the daily prizes on a semi-regular basis,” according to Burke. He also hinted at a strong possibility that the Daily Freebie will include the alternative currencies C$ or T$ sometime soon.
Newly included as a prize in the Daily Freebie is a $1 Spin & Gold ticket, which can be claimed once per week. Furthermore, five $0.05 Flip & Go tickets are up for grabs three times per week, giving players the chance at trying the new tournament format free of charge.
As a mixture between a Flipout and regular tournament, Flip & Go was launched on January 12, 2021. However, it only took a few days for the first tweaks to be made. Initially slated to take place once every hour, it was soon increased to once every 30 minutes.
The buy-ins were also adjusted and the lowest available stake was increased to $0.05 with a guarantee of $50. Players can now take a shot at their own leisure three times per week and enter this lowest tier with five stacks thanks to the Daily Freebie.
Upon launch, the Flip & Go featured a maximum of 10 entries for each of the four stakes. However, that number has been adjusted recently and the stacks for purchase are now capped at a maximum of eight. This makes the bonus stacks based on the holdings during the Flipout stage more valuable in comparison.
The overall feedback for the new tournament format has been very positive, as outlined by Burke.
“Players love it! We have been very pleasantly surprised by the positivity seen across almost all feedback, of course not all players are interested in a new game type but those who have tried it have mostly good things to say about Flip & Go. We’ve also received some constructive criticism, which is also valuable.”
Further tweaks to the Flip & Go format may very well possible, as GGPoker is constantly reviewing and optimizing its schedule. One such adjustment was made with the expansion of the popular Daily GGMasters earlier in February.
The changes to the Daily Freebie promotion went live on February 10. All verified GGPoker players in eligible countries can claim their daily gift under the “My Promo” tab after each daily reset.
We recap some stories you may have missed including a huge PKO event and how much of himself is Landon Tice playing for?
KidPoker vs the Poker Brat?
We hinted at it last week and now it seems confirmed that Daniel Negreanu and Phil Hellmuth will play heads-up.
Given both men are traditionally live players it seems inevitable that it will be face to face and streamed on PokerGO.
The early betting markets have suggested Hellmuth is the favourite, which seems ludicrous given how much Negreanu improved in his heads-up challenge against Doug Polk.
Happy to play anyone on @PokerGo App’s “High Stakes Duel.” Looks like they are bringing me the GREAT Daniel Negreanu @RealKidPoker, the guy that studied heads up for months w coaches I respect, so be it. It will be a great challenge for me! Hoping I don’t look like THIS photo!! pic.twitter.com/EpE1BqRMWP
— phil_hellmuth (@phil_hellmuth) February 13, 2021
Tice has skin in the game
The other big heads-up match in the works is Landon Tice vs Bill Perkins, and it has been the subject of a lot of debate this last week.
Namely, how much does the poker wunderkind Landon Tice have invested in himself? Rumours circulated that he is playing for just 10% of himself in this challenge where he is already paying Bill Perkins $720,000 to play.
Tice confirmed that he has sold a lot of action for this event but while his percentage is low, it still means he has a lot of his net worth on the line:
Let me make something clear that I’m sure everyone cares about regarding my challenge with @bp22 I’m selling a lot of action for it. A lot.I’m not rolled to battle at nosebleeds. However, I am putting a very large amount of my relative net worth on myself winning it.
— Landon (@LandonTice) February 11, 2021
MicroMillions the biggest PKO ever?
The MicroMillions Main Event was a PKO for the first time in its history and it (probably) automatically became the biggest field ever for a progressive knockout tournament.
49,487 entries for the $22 Main Event, which was not quite enough to hit the $1 million guarantee.
It did lead to one player bagging almost $60,000 for their troubles including $18,651.13 in bounties alone:
The final table
Table stakes only
OK, so this week’s meme classic from Reddit beats all those ‘toilet roll poker home game’ jokes from last year:
When Polaks Play Poker from r/poker
Will we see Hellmuth vs Negreanu heads-up? Let us know in the comments:
Barry Carter is the editor of PokerStrategy.com and the co-author of The Mental Game of Poker 1 & 2, Poker Satellite Strategy and PKO Poker Strategy
The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.
pros of becoming a professional poker player
Being a professional poker player is a daring as well as exciting decision. If you’re successful at the game and want to quit your day job to become a poker pro, it’s an enticing opportunity. However, be warned: Poker rules are difficult to work, that isn’t for everyone. If you consider taking a risk to become a professional poker player, you should please ensure that it is an educated choice.
Here are some pros of becoming a professional poker player that might encourage you to take the next step!
Professionally Pursuing What You Love
One of the most prevalent desires in the world is to do something that you love professionally. For anyone in the poker community saying that there’s profit in this, they’re certainly not doing it only for the money. They love the game and have passion for it. For those who don’t have that, must understand that it is a skill game and requires practice to get better. This is what encourages them to put in the research time required to excel and achieve success through the downtrends.
Self Determination And Versatility
Poker players set their own schedules which is a great thing for any professional in any field of work or sport. To stave off poker exhaustion and keep you going, getting this independence will go a long time away. Also, you’ll only be accessible to yourself. Versatility is something that is quite limited in a number of professions nowadays and there’s nothing quite like poker tournaments when it comes to versatility. That’s not to suggest, of course, that it’ll be straightforward. The assumption is that when you do so, no-one will be blowing down your neck.
Earning Big Money
There is still a lot of profit to be gained by playing online poker if you can achieve a high level of experience. In terms of rake and playing rewards, there have been a few improvements in the market in recent years that have limited online poker’s profitability, but it is still possible to obtain a decent income playing the game. Getting in and getting out of micro stakes is one of the greatest obstacles facing emerging online pros these days. In present-day games, the high rake and low rakeback eat away at the winnings of a micro stakes player, making it difficult for them to achieve a good score overall.
On the other hand, live poker has been and is likely still a highly lucrative enterprise for professional players. The live player average is much lower than the online player estimate. This may be because, in casinos, live poker is practiced and thus encourages individuals who play poker to bargain instead of because they are successful at it. Or it could be because of live poker’s social aspect. It’s a mix of both, perhaps.
For more interesting articles about poker or poker news, keep reading PokerShots!
2017 is here! It’s time to reflect on the past year and plan ahead for the future.What a roller coaster year 2016 has been! Ahhhh, the highs and lows of tournament poker life! From winning my first live tourney(no chop), to traveling all over the country to play tournaments, to getting my ass kicked at the World Series of Poker in Vegas, it has been one hell of a ride. I haven’t had any MAJOR scores this year but I would be crazy to be too bummed about it, as I’m so incredibly grateful for the opportunity to play this amazing game for a living. While I’m sure it’s not anything crazy for a lot of pros, I still have to recognize how lucky I truly am, I have been living the dream! I’ve traveled to more places, played in stakes both live in online that I never dreamed I would, I’ve sat at tables with some of my poker heroes and finally played my first World Series of Poker in Vegas. I’ve made my share of mistakes, blunders and missteps, but they have forced me to learn, and to continually better myself as a player. While all were not positive, every experience I’ve gotten this year will last a lifetime! I learned a lot last year, hopefully I can carry those lessons I’ve learned into the next year ahead and make 2017 the best year ever!I was unsure where to go with my plan for the future, but Intertops was supportive of all my ideas, and I think we have come up with a great plan! I could not be blessed with a better situation or working with a better company than Intertops Poker! I could not be more fortunate and grateful for the amazing opportunity they have given me and I plan to make 2017 great with them!I thought about following a few different tours, trying to decide what was the best value and at the same time, more entertainment for our followers. After a lot of back and forth, I decided I will attempt to hit at least one WSOP circuit a month, with it all leading back to what will be my second World Series of Poker in Vegas! Hopefully I’ll be able to play some other tournaments in between including going to Austria again this year with Intertops! I could not of had a better experience last year, going to both Seefeld and Velden, so I can’t wait for round two!! As far as the circuit goes, I’m going to go start off with the Choctaw in Durant, Oklahoma (nice and close to home), then hitting up the West Palm Beach Kennel club stop in Florida. Next, luckily enough for me, the WSOP is having a new stop this year, in Tulsa Oklahoma at the Hard Rock Cafe. It’s still going to require some more planning, being about five hours away, but overall much more practical for driving then some of the other stops. Then, in April, that much anticipated stop in Cherokee North Carolina, which is been the highlight of many of my friends WSOPs, including one who just final tabled the last stop for a huge score! I’ve heard many great things about this stop, so I’m very excited. After that, in May we will be at Harrah’s New Orleans stop which is also within driving distance or a quick flight for me from DFW. I’ve never been to the stop either but between friends that live out that way, and hearing other players talk about the juicy cash games that run there, I’m sure it will be a blast! So considering I’m not made of money and I want to be as smart as possible about bankroll management this year, my plan will be to play the kickout events for all the stops listed. They are $365 buy ins with most of them having very large guaranteed prize pools. I’ll try to get the most bang for my buck, and if I do well, consider playing the Main events the following weekend!So it will be Oklahoma, Florida, Oklahoma again, North Carolina, and then Louisiana before heading back out to the Mecca of Poker that is the WSOP in Vegas. On top of all this, I know I’ll be going to Seefeld Austria for the last week of February which will for sure be another amazing trip! Back to the place that started it all for me with Intertops and life as a full-time professional poker player! Hopefully, there will be other satellite wins again this year through Intertops as well. I’m sure everyone would love going back to one of their many exotic satellite destinations for more incredible experiences, as well as high-stakes poker tourneys! lolIf you want to get in on the fun, Intertops just started running satellites yesterday for as little as two bucks! It leads to a final, $109 buy in satellite tournament on January 22nd for a $4000 package! It’s a winner take all for a trip to Seefeld, Austria to play in this amazing spot with me in a $2200 main event! It also includes a five nights stay in an amazing bed-and-breakfast up the mountains of Austria and $500 in travel expenses! You can follow along with all the action at www.twitch.tv/2fit2fold or my fellow streamer and sponsored players at www.twitch.tv/chrisp200. The streams have been growing steadily and we have quite a few loyal followers so we just started a super fun free roll challenge! It’s Monday through Wednesday at 7:30 pm. You can check out the all the details at www.killedavariance.com.I hope you fall along on my action and shenanigans for the coming months, as Intertops Poker and myself have big things planned for the future! Be sure to stop in to the blog and to twitch to for all of the latest updates and promotions! PS: Read about Tim’s Aruba action or his previous article here!PPS: Want to know more about our current promotions?
สล็อต คาสิโน ออนไลน์
คาสิโน ฟรีเครดิต 2020
เกม คาสิโน ปอยเปต…
I was recently honored to host a live webinar with 13-time WSOP bracelet winner Phil Hellmuth Jr. While Phil is a bit of an enigma in the poker world because no one quite understands how he wins on a consistent basis in high stakes poker tournaments, I knew there were countless skills I could learn from him. When you have the opportunity to discuss poker strategy with one of the most successful poker players in the world, you listen!
Since the webinar, I have implemented numerous concepts we discussed, drastically increasing my profits at the table.
One of the most important concepts he discussed was the idea that if you have played poker for a long time and studied the game diligently, as I have, you should tend to trust your reads. Since our webinar, I have worked hard on my reading abilities and they seem to be paying off.
I recently played in a $13,000 high roller event in Barcelona. There was one player at the table who was obviously splashing around. Everyone was making a point to play pots with him. Even though he was clearly playing junky hands, he always had the nuts when his opponents decided to call his large postflop bets.
Eventually I raised with A-T from middle position, the splashy guy called in the small blind and the Big Blind also called. The flop came 4-4-3. The splashy guy made a bet and I decided to call. The turn was a J. He bet again and I called. The river was an 8 and he bet enough to put me all-in, which was around the size of the pot.
Seeing how he had only shown the nuts when he took overly aggressive lines in the past, this would normally be an easy fold. However, something did not feel right. I can’t quite quantify what it was, but he looked nervous. I thought he would play numerous busted draws in this manner. My main concern was that he could be bluffing with a hand such as 2-2 or A-Q, which would be a disaster for me.
However, I went with my read and called. He showed the 5-2 and I doubled up with my marginal A-high.
While this is certainly an extreme example, if I did not have the amazing learning experience with Phil, I would have folded. Instead, I won $13,000 in equity.
To get instant access to this enlightening learning experience with Phil Hellmuth Jr. where he discusses numerous other strategies he implements to constantly win poker tournaments, check out the webinar here: Learning from Phil Hellmuth Webinar