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shazbox
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01-06-2008, 01:28 AM
Post subject: Where does the money come from in high stakes?
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#1 (permalink)
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Straight
Join Date: Jan 2006
Location: Ottawa, Ontario
Posts: 170
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Seriously, I always check out the tables and see the same people are up a ridiculous amount of money. Where is it all coming from? Are there a bunch of rich people who like to blow 20k a night to the same people?
I just can't see how there are people that are constantly losing that much money. At the lower limits it makes sense, nobody is worried about losing 10 dollars...but 100k is a whoooole lot different.
Then again, maybe it is just coincidence and the same people I see every time are losing any time I'm not looking.
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badgers
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4-of-a-Kind
Join Date: Feb 2007
Location: Spewing
Posts: 3,372
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It's a combination of rich people and the money coming up through the stakes. Such as, a 600NL reg struggles to adapt to 1kNL, who in turn donates at 2KNL etc. etc. etc.
Guy Laliberte has apparently lost 6 million at Full Tilt last year.
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3k post - Return of the blog!
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shazbox
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Straight
Join Date: Jan 2006
Location: Ottawa, Ontario
Posts: 170
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Ya I forgot about people who are struggling to make there way back up.
I suppose the 'take-a-shot-at-glory' people who think they can make the millions contribute a bit as well.
I know there is one high roller, the guy who programmed Word originally for Microsoft. I've seen him throwing big bucks around the 10NL tables lol
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pankfish
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Flush
Join Date: Sep 2007
Location: On Tony Romo's nuts
Posts: 385
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marginal winners over marginal losers. When you see someone on a 5/10 table with $10k in chips, that is just someone on a heater. nobody can beat those stakes for a high win %. But if you you can beat it for about 1.5-2 ptbb then you are making serious bank.
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<Staxalax> I want everyone to put my quote in their sigs
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Fnord
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Moderator
Join Date: Dec 2003
Location: I'll Do You Like A Truck
Posts: 19,333
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NLHE has a pretty steady skill curve also some interesting match-up dynamics.
o People with lots of money who would be bored by smaller stakes
o Otherwise good plaers on tilt
o Predictable, readable players
o Reasonable players with leaks that don't get exploited at lower levels
o Players taking shots on scared money
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Miffed22001
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Straight Flush
Join Date: Jun 2005
Location: Marry Me Cheryl!!!
Posts: 8,181
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me recently
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jmontis
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Full House
Join Date: Dec 2004
Posts: 1,296
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Quote:
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Originally Posted by badgers
It's a combination of rich people and the money coming up through the stakes. Such as, a 600NL reg struggles to adapt to 1kNL, who in turn donates at 2KNL etc. etc. etc.
Guy Laliberte has apparently lost 6 million at Full Tilt last year. |
there was a 5-10 reg on VCpoker a long time ago who was pretty good, but then when they made 10-20 he started losing heavily. It got so bad to the point where people in game were like "hey... maybe you should just quit bro.. for good".
a lot of it comes from tournament donators. Guys final tabling the sunday million or luckboxing a rebuy/109 freezeout and getting ambitious.
people taking shots at games and not realizing the nosebleed skill jumps between limits like 3-6, 5-10, 10-20, 10-25, 25-50
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take your ego out of the equation and judge the situation dispassionately
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