October 13, 2007

Hi….my name is Larry!

Read an interesting article this week by Daniel Negreanu in Cardplayer about different types of players. The ones that stay at certain levels and earn an easy $2000 a week and the ones of a similar skill level who are always busting out because they are forever trying to move up.

He says that the latter player will eventually do it and end up earning many times more than his mate who is happy to stay at the same level year after year. He calls them "Larry" and "Johnny".

Well I dont know if Dan is trying to promote some fish into trying their luck in his nose bleed games or what but there were loads of flaws in his article. The first flaw is one of probability, firstly the chances of earning $100,000 to $200,000 a year in poker are far greater than earning $2,000,000.

The poker world is littered by "big shots" who wanted to be even bigger shots and kept moving up. I could fill an entire book about what goes off in some of these high limit games both live and online and many are best kept away from.

But even with all things being equal, what do you think your chances are of winning a WSOP bracelet or a WPT or earning $1,000,000 a year every year……somewhere between slim and none and slim just rode out of town.

YEAH BUT SOME OF EM DO IT….I can hear you cry….what you mean like win the lottery for instance because your chances are about the same. I am technically good enough to play these games and have been for some time but being technically good enough is not enough.

I knew that I could succeed in poker if I did not have silly goals. Because one thing is certain my friends, the poker world out there aint quite what it appears to be to the outsider. But even if you are technically good enough and mentally good enough, you have to be of a certain disposition anyway to play for stakes as high as that.

Because take it from me, many of the players who play for high stakes are not strong players and they are playing too high for their skills and Dan knows this. Much of it is to do with ego, idleness and craving.

Ego because people think they have made it when they sit in these games and everyone will respect them.

Idleness because many cannot be bothered to work their way up and learn their trade.

Craving because some of them just get off on risking big chunks of money.

You can jump straight into these game both live or online if you have the money and there are plenty of rich people out there. As for me then quite simply……my name must be Larry.

On a further note, been up most of the night with the 100K challenge and won $99 so the bankroll now stands at $715…now I am going to get some sleep before the football and Rugby…..come on ENGLAND!!!

See ya next week

The Dean

 


Filed under My Diary by

Permalink Print Comment

Leave a Comment

Subscribe without commenting