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Date: 22 Dec 2008 13:02:30
From: Lute
Subject: What are the Highest Stakes You Play for?
I've seen posters here on RGP who indicate that they play ten cent-
twenty cent poker online, or play in $2.20 cent tournaments.

Now I'm far from being wealthy, far from it. I'm an hourly wage slave
in an accounting office. Mortgage paid off, cars paid off, credit
cards paid off. (Maybe I'm the reason the banks failed?) Still pay
for food, grandchildren, utilities and insurance. Need my job.

But still. If I were to play twenty-cent poker, I think I'd see about
ten mediocre hands, and then just go all in, to mess with player's
minds. In other words, it would ruin my game.

At the other end of the spectrum, I once got into a game that was over
my head. I had won $6,000 in a Party Poker trny (way back when), and
was feeling rich. So I bought $200 into a NLHE ring game, thinking
that I could tumble with the big guns and maybe score $2,000 in a
session.

I quickly lost $100, and was really rattled to see how fast it could
disappear. Down to my last $50, I finally won a $200 pot, excused
myself, and cashed out, grateful to have broken even. $6,000 is,
after all, only 30 buy-ins of $200. That's not much in the world of
poker finance.

Lesson learned, stay in your comfort zone, just enough stress to keep
you focused and disciplined, but not enough to make you fearful of
going all in with a probable winner.

If for you that's twenty cents, please keep it there.

If it's $10,000, good for you.

Just curious. What stakes do you (or have you) played, and what are
your thoughts?




 
Date: 23 Dec 2008 16:14:09
From: Wayne Vinson
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22 2008 3:02 PM, Lute wrote:

> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> in an accounting office. Mortgage paid off, cars paid off, credit
> cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> for food, grandchildren, utilities and insurance. Need my job.
>
> But still. If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. $6,000 is,
> after all, only 30 buy-ins of $200. That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?

The biggest games I've played live are $10/20 NL and $100/200 limit. I
only play online for entertainment, and I won't deposit money to play at
meaningful stakes there as I don't consider the probability of being able
to cash out to be nearly good enough. That means all I've got is $5 stars
gave me for no explicable reason which I've ground up to $70 or so. It's
a fun way to pass the time while surfing the web.

I find I play much better at higher stakes - it's occasionally hard to
focus on the online micros although the players there are so shitty that
even my C- game is more than enough to make me a winner.

Wayne Vinson
http://cardsharp.org/
Wayne (dot) Vinson (at) gmail (dot) com

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Date: 23 Dec 2008 06:23:02
From: La Cosa Nostradamus
Subject: Re: What are the Highest Stakes You Play for?
souls

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Date: 23 Dec 2008 08:25:55
From: MMelia
Subject: Re: What are the Highest Stakes You Play for?
On Dec 23 2008 9:23 AM, La Cosa Nostradamus wrote:

> souls

Nice. :)

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Date: 23 Dec 2008 05:44:35
From:
Subject: Re: What are the Highest Stakes You Play for?
On Dec 23, 8:28=A0am, "Irish Mike" <mjos...@ameritech.net > wrote:
> "A Man Beaten by Jacks" <nob...@fool.foo> wrote in messagenews:6l91l41q0e=
srg5g8cqiirkts1vladp0k2l@4ax.com...
Assuming you consider bloody sevens,
> murder-match, pimp doo-doo, six card roll your own, spit in the ocean, bl=
ack
> Mariah, boo-ray, seven-twenty-seven, pass the trash, jacks are wild five
> card draw, three card guts and night baseball "poker". =A0


lol. Flashback time to my early twenties! One of the funniest things
I ever saw was in a game of 7-27 where my friend must have had 15
cards and had counted incorrectly and had 27 1/2 and was raising
everything. Hysterical. We actually got a shirt for him with "27
1/2" on it. And of course, from then on the game was 7-27 1/2.

No hi-lo? (aka acey-deucy)? Lost $4600 in one game of that. Potted a
$600 pot with A-3 wth and hit the 3. Potted a $1500 pot with A-2 and
hit an Ace.


No Cinnamon (great game)? Low Chicago (with the Queen killing it, 4
gets you another card)?



 
Date: 23 Dec 2008 05:42:05
From: CincinnatiKid
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22 2008 4:02 PM, Lute wrote:

> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> in an accounting office. Mortgage paid off, cars paid off, credit
> cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> for food, grandchildren, utilities and insurance. Need my job.
>
> But still. If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. $6,000 is,
> after all, only 30 buy-ins of $200. That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?

Nothing ventured, nothing gained. Online ring games are for suckers (and
I've been victimized on numerous occasions). Game selection is key. Why in
the hell anyone would want to play a 1/2 or 2/4 nl game online when they
can play the same game at a casino with a bunch of retards is beyond me.

If you play just as a hobby then it really doesn't matter. If you're
playing for more than that and you're not a 20 table multitabler then you
need to be playing tournaments. Period.

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Date: 23 Dec 2008 05:34:23
From: number6
Subject: Re: What are the Highest Stakes You Play for?
On Dec 23, 4:18=A0am, Pepe Papon <hitmeis...@mindspring.dot.com.invalid >
wrote:
> On Mon, 22 Dec 2008 13:02:30 -0800 (PST), Lute <lutelat...@msn.com>
> wrote:
>
> >I've seen posters here on RGP who indicate that they play ten cent-
> >twenty cent poker online, or play in $2.20 cent tournaments.
>
> I'm one of the 20 centers (NLHE). =A0 I stepped up to 50 cents at one
> point. =A0Initially, I did well, then sufferd a couple of bad sessions
> and allowed myself to go on tilt, so I went back down for the time
> being.
>
> I'm playing a lot of $6 tourneys these days and some $5 SnGs. =A0
>
> Right now, however, I'm playing a 2 cent game on Absolute. =A0I';m only
> playing at AP because they gave me $10 for free a few months after I
> cashed out of my account completely. =A0 I want to see if I can turn the
> $10 into a substantial amount like I've done on Cake Poker. =A0
>
> For some reason, I'm doing horribly in this 2 cent game.

That's where they beta test the new super user accounts ...



 
Date: 23 Dec 2008 01:18:56
From: Pepe Papon
Subject: Re: What are the Highest Stakes You Play for?
On Mon, 22 Dec 2008 13:02:30 -0800 (PST), Lute <lutelatner@msn.com >
wrote:

>I've seen posters here on RGP who indicate that they play ten cent-
>twenty cent poker online, or play in $2.20 cent tournaments.

I'm one of the 20 centers (NLHE). I stepped up to 50 cents at one
point. Initially, I did well, then sufferd a couple of bad sessions
and allowed myself to go on tilt, so I went back down for the time
being.

I'm playing a lot of $6 tourneys these days and some $5 SnGs.

Right now, however, I'm playing a 2 cent game on Absolute. I';m only
playing at AP because they gave me $10 for free a few months after I
cashed out of my account completely. I want to see if I can turn the
$10 into a substantial amount like I've done on Cake Poker.

For some reason, I'm doing horribly in this 2 cent game.


 
Date: 23 Dec 2008 07:31:19
From: Patti Beadles
Subject: Re: What are the Highest Stakes You Play for?
In article <b8641d11-3ff0-4d71-9172-988b9787da9f@w1g2000prm.googlegroups.com >,
Lute <lutelatner@msn.com > wrote:

>But still. If I were to play twenty-cent poker, I think I'd see about
>ten mediocre hands, and then just go all in, to mess with player's
>minds. In other words, it would ruin my game.

From time to time I get invited to low-stakes homegames. I
almost always decline to play but offer to deal. I learned
a long time ago that if I'm playing for meaningless stakes,
I don't take it seriously. I screw around, try to put people
on tilt, make horrible draws, etc. That's fine in context...
if I drop $20 or $100 in a social game, it's no different from
buying a theatre ticket.

The problem is that the screwing around has a tendency to
carry over into my real games, and that gets expensive.


To answer the question directly, the biggest I've played
is a 10K buyin tournament, but I satellited in for $50.
The biggest I've put my own money on the line for is either
a $2000 or $2500 tournament... I'm not sure.

I doubt I've played ring games higher than 30-60 limit.
I almost never play ring games, though.

-Patti
--
Patti Beadles, Oakland, CA


  
Date: 23 Dec 2008 04:05:18
From: A Man Beaten by Jacks
Subject: Re: What are the Highest Stakes You Play for?
On Tue, 23 Dec 2008 07:31:19 +0000 (UTC), pattib@green.rahul.net
(Patti Beadles) wrote:

>In article <b8641d11-3ff0-4d71-9172-988b9787da9f@w1g2000prm.googlegroups.com>,
>Lute <lutelatner@msn.com> wrote:

>>But still. If I were to play twenty-cent poker, I think I'd see about
>>ten mediocre hands, and then just go all in, to mess with player's
>>minds. In other words, it would ruin my game.

>From time to time I get invited to low-stakes homegames. I
>almost always decline to play but offer to deal. I learned
>a long time ago that if I'm playing for meaningless stakes,
>I don't take it seriously. I screw around, try to put people
>on tilt, make horrible draws, etc. That's fine in context...
>if I drop $20 or $100 in a social game, it's no different from
>buying a theatre ticket.

>The problem is that the screwing around has a tendency to
>carry over into my real games, and that gets expensive.

This is a very good point, and it's why I decided fairly recently to
forego microstakes. The screwing around for fun at these stakes is
very bad for your regular game. There's probably a neurological basis
of some sort for this. I.e. it's "fun" to make a deliberately bad
play in this kind of game and get paid off anyway, and the amusement
value is higher than the negative value of the bad choice. "Fun"
choices generally have a diminishing rate of return as repeated. This
seems to be the basis of addiction.

Taking an addictive behavior to a higher level where the money
actually matters is a recipe for disaster.

Hence, I might play social games like these in the future with friends
and family and people I actually care about for the fun, in such a way
that I can compartmentalize it off from real games, but I can't see
doing it in the future. In the last couple years, since I've been in
law school and had to convert what was previously my bankroll into
living expenses, I've dicked around with microstakes for recreation
and not done well, despite having consistently done well when playing
systematically with a bankroll, intending to turn out a specific
hourly rate by doing it.

It's not like it's a big deal, but it's annoying to have spent
probably a few hundred hours of leisure time in order to lose $200-300
over the course of two years. Poker is simply not fun enough to do
without an expected profit, though (given a reasonable bankroll) it's
more fun than other things I could do for a comparable profit.


   
Date: 23 Dec 2008 22:52:45
From: Travel
Subject: Re: What are the Highest Stakes You Play for?
To answer the original question, the highest I play for is 15/30. A
10/20 game is better if it's spread. The highest I've "played for" is
20/40.

A 20/40 game, however, seems to be a better game than most 10/20 games
in my experience. It's been said many times before, and I agree that
there are usually a few "gamblers" in a 20/40 game, relative to the
usually tighter 10/20 games.

The problem with playing 20/40 regularly is that it's not where you
want to be when you have that really bad run of cards; which of course
can flood into multiple sessions.

I also play 4/8 quite a bit. If you define "comfort zone" as being
confident that you will be playing endlessly with not much more risk
than a nominal loss, then 4/8 is it.
Of course, you can always have a bad run of cards at any limit; where
you never hit your draw and your opponents always hit their draws, etc.


This is the reason I never even consider cash NL games. It's bad enough
if you play well for hours and have your entire stack at risk on one
hand, but those sessions where you're consistently losing with sets to
straights and straights to flushes, etc., must be intolerable.

I never play tournaments because it would just be time taken away from
ring games. Plus, you have to sign-up and be at a certain place at a
certain time. I don't like the odds of winning money in tournaments
either. However, a $1500 or $2500 buy-in at a big event like the WSOP
or WPT preliminary event is interesting and seems worth taking a shot
at now and then.

_________________________________________________________
Posted via the -Web to Usenet- forums at http://www.pokermagazine.com
Visit www.pokermagazine.com


    
Date: 23 Dec 2008 22:52:45
From: Travel
Subject: Re: What are the Highest Stakes You Play for?
Oh, this is for casino games only. I've never even been on an on-line
poker site.

_________________________________________________________
Posted via the -Web to Usenet- forums at http://www.pokermagazine.com
Visit www.pokermagazine.com


   
Date: 23 Dec 2008 05:49:27
From: CincinnatiKid
Subject: Re: What are the Highest Stakes You Play for?
On Dec 23 2008 4:05 AM, A Man Beaten by Jacks wrote:

> On Tue, 23 Dec 2008 07:31:19 +0000 (UTC), pattib@green.rahul.net
> (Patti Beadles) wrote:
>
> >In article
<b8641d11-3ff0-4d71-9172-988b9787da9f@w1g2000prm.googlegroups.com >,
> >Lute <lutelatner@msn.com> wrote:
>
> >>But still. If I were to play twenty-cent poker, I think I'd see about
> >>ten mediocre hands, and then just go all in, to mess with player's
> >>minds. In other words, it would ruin my game.
>
> >From time to time I get invited to low-stakes homegames. I
> >almost always decline to play but offer to deal. I learned
> >a long time ago that if I'm playing for meaningless stakes,
> >I don't take it seriously. I screw around, try to put people
> >on tilt, make horrible draws, etc. That's fine in context...
> >if I drop $20 or $100 in a social game, it's no different from
> >buying a theatre ticket.
>
> >The problem is that the screwing around has a tendency to
> >carry over into my real games, and that gets expensive.
>
> This is a very good point, and it's why I decided fairly recently to
> forego microstakes. The screwing around for fun at these stakes is
> very bad for your regular game. There's probably a neurological basis
> of some sort for this. I.e. it's "fun" to make a deliberately bad
> play in this kind of game and get paid off anyway, and the amusement
> value is higher than the negative value of the bad choice. "Fun"
> choices generally have a diminishing rate of return as repeated. This
> seems to be the basis of addiction.
>
> Taking an addictive behavior to a higher level where the money
> actually matters is a recipe for disaster.
>
> Hence, I might play social games like these in the future with friends
> and family and people I actually care about for the fun, in such a way
> that I can compartmentalize it off from real games, but I can't see
> doing it in the future. In the last couple years, since I've been in
> law school and had to convert what was previously my bankroll into
> living expenses, I've dicked around with microstakes for recreation
> and not done well, despite having consistently done well when playing
> systematically with a bankroll, intending to turn out a specific
> hourly rate by doing it.
>
> It's not like it's a big deal, but it's annoying to have spent
> probably a few hundred hours of leisure time in order to lose $200-300
> over the course of two years. Poker is simply not fun enough to do
> without an expected profit, though (given a reasonable bankroll) it's
> more fun than other things I could do for a comparable profit.

It's a very good point. One that applies to most folks.

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Date: 23 Dec 2008 08:28:00
From: Irish Mike
Subject: Re: What are the Highest Stakes You Play for?

"A Man Beaten by Jacks" <nobody@fool.foo > wrote in message
news:6l91l41q0esrg5g8cqiirkts1vladp0k2l@4ax.com...
> On Tue, 23 Dec 2008 07:31:19 +0000 (UTC), pattib@green.rahul.net
> (Patti Beadles) wrote:
>
>>In article
>><b8641d11-3ff0-4d71-9172-988b9787da9f@w1g2000prm.googlegroups.com>,
>>Lute <lutelatner@msn.com> wrote:
>
>>>But still. If I were to play twenty-cent poker, I think I'd see about
>>>ten mediocre hands, and then just go all in, to mess with player's
>>>minds. In other words, it would ruin my game.
>
>>From time to time I get invited to low-stakes homegames. I
>>almost always decline to play but offer to deal. I learned
>>a long time ago that if I'm playing for meaningless stakes,
>>I don't take it seriously. I screw around, try to put people
>>on tilt, make horrible draws, etc. That's fine in context...
>>if I drop $20 or $100 in a social game, it's no different from
>>buying a theatre ticket.
>
>>The problem is that the screwing around has a tendency to
>>carry over into my real games, and that gets expensive.
>
> This is a very good point, and it's why I decided fairly recently to
> forego microstakes. The screwing around for fun at these stakes is
> very bad for your regular game. There's probably a neurological basis
> of some sort for this. I.e. it's "fun" to make a deliberately bad
> play in this kind of game and get paid off anyway, and the amusement
> value is higher than the negative value of the bad choice. "Fun"
> choices generally have a diminishing rate of return as repeated. This
> seems to be the basis of addiction.
>
> Taking an addictive behavior to a higher level where the money
> actually matters is a recipe for disaster.
>
> Hence, I might play social games like these in the future with friends
> and family and people I actually care about for the fun, in such a way
> that I can compartmentalize it off from real games, but I can't see
> doing it in the future. In the last couple years, since I've been in
> law school and had to convert what was previously my bankroll into
> living expenses, I've dicked around with microstakes for recreation
> and not done well, despite having consistently done well when playing
> systematically with a bankroll, intending to turn out a specific
> hourly rate by doing it.
>
> It's not like it's a big deal, but it's annoying to have spent
> probably a few hundred hours of leisure time in order to lose $200-300
> over the course of two years. Poker is simply not fun enough to do
> without an expected profit, though (given a reasonable bankroll) it's
> more fun than other things I could do for a comparable profit.

I play serious poker 99% of the time. But I do make one exception, which is
the annual Grand St. Patrick's Day Drunken Bash & Poker Party, that is
actually held the Saturday before the Holy Day. (No way we could get up,
paint the shamrocks, march in the parade and go to Mass after a night of
that kind of drinking!). It's a gathering of close friends, relatives and
all my nephews and great nephews - usually around 35 to 40 guys, no women
allowed. We all eat, drink, get shit faced drunk, listen to great Irish
music and play low stakes poker. Assuming you consider bloody sevens,
murder-match, pimp doo-doo, six card roll your own, spit in the ocean, black
Mariah, boo-ray, seven-twenty-seven, pass the trash, jacks are wild five
card draw, three card guts and night baseball "poker". Although we do
occasionally slip in a round of LHE and straight seven card stud. People
sleep where they fall and no one is allowed to drive home. Next morning
(and afternoon) is a huge breakfast served when ever you can sober up enough
to make it to the kitchen. Biggest loss on record - and we've been tracking
this for a couple of decades - is $50. My nephews consider me one of the
premier fish in the game given that I've yet to finish one of these a
winner. Which is kind of academic any way given that I usually spend around
$800+ to put on the party. The only requirement is that you be at least 20
years old and bring a six pack. I've currently got four more nephews and
great nephews who are counting down until their 20th birthday so they can
attend.

Slainte,

Irish Mike




    
Date: 23 Dec 2008 06:11:52
From: La Cosa Nostradamus
Subject: Re: What are the Highest Stakes You Play for?
sounds nice, Mike
On Dec 23 2008 8:28 AM, Irish Mike wrote:

> "A Man Beaten by Jacks" <nobody@fool.foo> wrote in message
> news:6l91l41q0esrg5g8cqiirkts1vladp0k2l@4ax.com...
> > On Tue, 23 Dec 2008 07:31:19 +0000 (UTC), pattib@green.rahul.net
> > (Patti Beadles) wrote:
> >
> >>In article
> >><b8641d11-3ff0-4d71-9172-988b9787da9f@w1g2000prm.googlegroups.com>,
> >>Lute <lutelatner@msn.com> wrote:
> >
> >>>But still. If I were to play twenty-cent poker, I think I'd see about
> >>>ten mediocre hands, and then just go all in, to mess with player's
> >>>minds. In other words, it would ruin my game.
> >
> >>From time to time I get invited to low-stakes homegames. I
> >>almost always decline to play but offer to deal. I learned
> >>a long time ago that if I'm playing for meaningless stakes,
> >>I don't take it seriously. I screw around, try to put people
> >>on tilt, make horrible draws, etc. That's fine in context...
> >>if I drop $20 or $100 in a social game, it's no different from
> >>buying a theatre ticket.
> >
> >>The problem is that the screwing around has a tendency to
> >>carry over into my real games, and that gets expensive.
> >
> > This is a very good point, and it's why I decided fairly recently to
> > forego microstakes. The screwing around for fun at these stakes is
> > very bad for your regular game. There's probably a neurological basis
> > of some sort for this. I.e. it's "fun" to make a deliberately bad
> > play in this kind of game and get paid off anyway, and the amusement
> > value is higher than the negative value of the bad choice. "Fun"
> > choices generally have a diminishing rate of return as repeated. This
> > seems to be the basis of addiction.
> >
> > Taking an addictive behavior to a higher level where the money
> > actually matters is a recipe for disaster.
> >
> > Hence, I might play social games like these in the future with friends
> > and family and people I actually care about for the fun, in such a way
> > that I can compartmentalize it off from real games, but I can't see
> > doing it in the future. In the last couple years, since I've been in
> > law school and had to convert what was previously my bankroll into
> > living expenses, I've dicked around with microstakes for recreation
> > and not done well, despite having consistently done well when playing
> > systematically with a bankroll, intending to turn out a specific
> > hourly rate by doing it.
> >
> > It's not like it's a big deal, but it's annoying to have spent
> > probably a few hundred hours of leisure time in order to lose $200-300
> > over the course of two years. Poker is simply not fun enough to do
> > without an expected profit, though (given a reasonable bankroll) it's
> > more fun than other things I could do for a comparable profit.
>
> I play serious poker 99% of the time. But I do make one exception, which is
> the annual Grand St. Patrick's Day Drunken Bash & Poker Party, that is
> actually held the Saturday before the Holy Day. (No way we could get up,
> paint the shamrocks, march in the parade and go to Mass after a night of
> that kind of drinking!). It's a gathering of close friends, relatives and
> all my nephews and great nephews - usually around 35 to 40 guys, no women
> allowed. We all eat, drink, get shit faced drunk, listen to great Irish
> music and play low stakes poker. Assuming you consider bloody sevens,
> murder-match, pimp doo-doo, six card roll your own, spit in the ocean, black
> Mariah, boo-ray, seven-twenty-seven, pass the trash, jacks are wild five
> card draw, three card guts and night baseball "poker". Although we do
> occasionally slip in a round of LHE and straight seven card stud. People
> sleep where they fall and no one is allowed to drive home. Next morning
> (and afternoon) is a huge breakfast served when ever you can sober up enough
> to make it to the kitchen. Biggest loss on record - and we've been tracking
> this for a couple of decades - is $50. My nephews consider me one of the
> premier fish in the game given that I've yet to finish one of these a
> winner. Which is kind of academic any way given that I usually spend around
> $800+ to put on the party. The only requirement is that you be at least 20
> years old and bring a six pack. I've currently got four more nephews and
> great nephews who are counting down until their 20th birthday so they can
> attend.
>
> Slainte,
>
> Irish Mike

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Date: 23 Dec 2008 01:08:24
From: Stephen Jacobs
Subject: Re: What are the Highest Stakes You Play for?

"Lute" <lutelatner@msn.com > wrote in message
news:b8641d11-3ff0-4d71-9172-988b9787da9f@w1g2000prm.googlegroups.com...
..............
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?

I don't play much NLHE. Biggest I've played was $15/30/45 mixed O8-stud8.
I was comfortable while I was playing, but I kind of got the shakes
afterward thinking about how casually I was throwing money around.

The economic mess has affected my attitude toward money. I get nervous
playing over $5/10, even though there's no logical reason for it.

Before October, I usually played $10/20, with occasional shots at $20/40.




 
Date: 22 Dec 2008 21:33:39
From:
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22, 4:40=A0pm, "RussGeorg...@aol.com" <RussGeorg...@aol.com >
wrote:
> Believe what you want, but I played Pot Limit for decades with stacks
> of at least 50K decades ago. IN the 90's at Commerce, I'd sit in PL
> games with more than 100K and in Europe I would sit with more than
> anyone at the table. Daniel Negreanu even stated I sat down with 50K
> in a $15-$25 PLH game. I like a lot of money as it's like bait to keep
> players there. Plus, I know I'm the best at every table I play and
> thus always had more in play than anyone else at the table in PL
> games. Limit is different.

I can't verify if this is true, but from what I was told that during
day 4 of the WSOP main event they held the "biggest cash game on
record".
It was 2 whales looking for huge action? 1000-2000 NLHE, $1 million
minimum buy in. Apparently Daniel Negreanu and Patrick Antonius were
in the game...no Doyle or Phil Ivey.





  
Date: 23 Dec 2008 00:52:50
From: Irish Mike
Subject: Re: What are the Highest Stakes You Play for?

<sstheg@yahoo.com > wrote in message
news:4ff86337-6599-46ff-ab90-f520b55cd1a5@g3g2000pre.googlegroups.com...
On Dec 22, 4:40 pm, "RussGeorg...@aol.com" <RussGeorg...@aol.com >
wrote:
> Believe what you want, but I played Pot Limit for decades with stacks
> of at least 50K decades ago. IN the 90's at Commerce, I'd sit in PL
> games with more than 100K and in Europe I would sit with more than
> anyone at the table. Daniel Negreanu even stated I sat down with 50K
> in a $15-$25 PLH game. I like a lot of money as it's like bait to keep
> players there. Plus, I know I'm the best at every table I play and
> thus always had more in play than anyone else at the table in PL
> games. Limit is different.

Wow! Russ G. telling a poker story from the 1990s! That's like a current
event for him. Usually Russ' poker stories are at least 30 years old. So
Russ claims he sat in poker games with $100K in front of him in the 1990s
yet today the guy is broke and living in a trailer park. If Russ G. ever
did sit in a game with $100K in front of him you can bet one of three
things. It was some one else's money. It was stolen. Or, if it was his,
it represented his entire net worth.
The thing you need to understand about Russ is that he'll mention every big
name, high stakes poker player in AC, LA and Las Vegas. But you'll never
hear one of them mention his name.

Irish Mike





 
Date: 22 Dec 2008 22:35:19
From: Irish Mike
Subject: Re: What are the Highest Stakes You Play for?

"Lute" <lutelatner@msn.com > wrote in message
news:b8641d11-3ff0-4d71-9172-988b9787da9f@w1g2000prm.googlegroups.com...
> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> in an accounting office. Mortgage paid off, cars paid off, credit
> cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> for food, grandchildren, utilities and insurance. Need my job.
>
> But still. If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. $6,000 is,
> after all, only 30 buy-ins of $200. That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?


I play live $10/$20 to $20/$40 LHE every week and $30/$60 when I can find a
good game. I'll play $40/$80 but only if I like the like the line-up.
Highest limit I've played was $100/$200 7 card stud in Atlantic City - a
long time ago. One misconception people have is thinking that a player's
"comfort zone" is always related to how much money he has. It isn't. I
know wealthy people who won't play higher than $3/$6 and people living pay
check to pay check, who will jump in the highest limit game they can find.

I play online nearly every day but prefer live games. I like no limit
tournaments but limit ring games. I'll only play no limit cash games if I
can't find a limit game. Most money I've won in a tournament is $30K. Most
money I've ever lost in a live cash game was $5K - on one hand.

I've played poker in 134 casinos and poker rooms in nine countries. There
are a lot of skills required to be a winning poker player but I believe the
most important is discipline - in three areas. Discipline in how you
prepare, discipline in how you play and discipline in how you manage your
money.

The most important thing I've learned in playing poker is that it doesn't
matter how well a person can play. It only matters how well they do play.

Irish Mike




 
Date: 22 Dec 2008 19:13:34
From: gtech1
Subject: Re: What are the Highest Stakes You Play for?
Good question! Surprised you don't have more responses. Highest I've
played is a live game at the Venetian, NL 2/5 blinds with $1000 cap buy
in.
On Dec 22 2008 4:02 PM, Lute wrote:

> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> in an accounting office. Mortgage paid off, cars paid off, credit
> cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> for food, grandchildren, utilities and insurance. Need my job.
>
> But still. If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. $6,000 is,
> after all, only 30 buy-ins of $200. That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?

-------- 
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Date: 22 Dec 2008 18:08:15
From: FangBanger
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22 2008 3:02 PM, Lute wrote:

> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> in an accounting office. Mortgage paid off, cars paid off, credit
> cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> for food, grandchildren, utilities and insurance. Need my job.
>
> But still. If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. $6,000 is,
> after all, only 30 buy-ins of $200. That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?

EASY ANSWER.. everyone plays in their own 'comfort zone" .. and sooner or
later everyone tries "stepping up"

always been that way .. always will be that way !!


Those who can make you believe absurdities can make you commit atrocities.
Voltaire

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Date: 22 Dec 2008 19:10:21
From: brewmaster
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22 2008 6:08 PM, FangBanger wrote:

> On Dec 22 2008 3:02 PM, Lute wrote:
>
> > I've seen posters here on RGP who indicate that they play ten cent-
> > twenty cent poker online, or play in $2.20 cent tournaments.
> >
> > Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> > in an accounting office. Mortgage paid off, cars paid off, credit
> > cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> > for food, grandchildren, utilities and insurance. Need my job.
> >
> > But still. If I were to play twenty-cent poker, I think I'd see about
> > ten mediocre hands, and then just go all in, to mess with player's
> > minds. In other words, it would ruin my game.
> >
> > At the other end of the spectrum, I once got into a game that was over
> > my head. I had won $6,000 in a Party Poker trny (way back when), and
> > was feeling rich. So I bought $200 into a NLHE ring game, thinking
> > that I could tumble with the big guns and maybe score $2,000 in a
> > session.
> >
> > I quickly lost $100, and was really rattled to see how fast it could
> > disappear. Down to my last $50, I finally won a $200 pot, excused
> > myself, and cashed out, grateful to have broken even. $6,000 is,
> > after all, only 30 buy-ins of $200. That's not much in the world of
> > poker finance.
> >
> > Lesson learned, stay in your comfort zone, just enough stress to keep
> > you focused and disciplined, but not enough to make you fearful of
> > going all in with a probable winner.
> >
> > If for you that's twenty cents, please keep it there.
> >
> > If it's $10,000, good for you.
> >
> > Just curious. What stakes do you (or have you) played, and what are
> > your thoughts?
>
> EASY ANSWER.. everyone plays in their own 'comfort zone" .. and sooner or
> later everyone tries "stepping up"
>
> always been that way .. always will be that way !!

My personal experience (even if you think it should be embarrassing) ...
once you step up, you feel really really self-conscious stepping back down
when you get taken to the cleaners at the higher level. You feel like
everyone in the casino is looking at you and laughing (going to the ATM
feels the same way).

>
>
> Those who can make you believe absurdities can make you commit atrocities.
> Voltaire


Brew
--
Email me here: http://tinymail.me/k4r2nk

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Date: 22 Dec 2008 16:36:08
From: NFLed
Subject: Re: What are the Highest Stakes You Play for?
My decision on what limit to play is based upon how well (or not well)
I would be able to handle losing, if losing (whether a tourney or cash
game) would bum me out for the rest of the day then that's too high
stakes for me.


 
Date: 22 Dec 2008 14:40:04
From: RussGeorgiev@aol.com
Subject: Re: What are the Highest Stakes You Play for?
Believe what you want, but I played Pot Limit for decades with stacks
of at least 50K decades ago. IN the 90's at Commerce, I'd sit in PL
games with more than 100K and in Europe I would sit with more than
anyone at the table. Daniel Negreanu even stated I sat down with 50K
in a $15-$25 PLH game. I like a lot of money as it's like bait to keep
players there. Plus, I know I'm the best at every table I play and
thus always had more in play than anyone else at the table in PL
games. Limit is different.






On Dec 22, 1:02=EF=BF=BDpm, Lute <lutelat...@msn.com > wrote:
> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. =EF=BF=BDI'm an hourly wage =
slave
> in an accounting office. =EF=BF=BDMortgage paid off, cars paid off, credi=
t
> cards paid off. =EF=BF=BD(Maybe I'm the reason the banks failed?) =EF=BF=
=BDStill pay
> for food, grandchildren, utilities and insurance. =EF=BF=BDNeed my job.
>
> But still. =EF=BF=BDIf I were to play twenty-cent poker, I think I'd see =
about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. =EF=BF=BDIn other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. =EF=BF=BDI had won $6,000 in a Party Poker trny (way back when),=
and
> was feeling rich. =EF=BF=BDSo I bought $200 into a NLHE ring game, thinki=
ng
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. =EF=BF=BDDown to my last $50, I finally won a $200 pot, excuse=
d
> myself, and cashed out, grateful to have broken even. =EF=BF=BD$6,000 is,
> after all, only 30 buy-ins of $200. =EF=BF=BDThat's not much in the world=
of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. =EF=BF=BDWhat stakes do you (or have you) played, and what =
are
> your thoughts?



 
Date: 22 Dec 2008 13:48:46
From: brewmaster
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22 2008 1:02 PM, Lute wrote:

> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> in an accounting office. Mortgage paid off, cars paid off, credit
> cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> for food, grandchildren, utilities and insurance. Need my job.
>
> But still. If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. $6,000 is,
> after all, only 30 buy-ins of $200. That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?

I play $2/$3 NLHE up to $5/$10 NLHE live (and sometimes $20/$40 LHE if
they get it going). I play $.50/$1.00 up to $3/$6 online, and tourneys up
to $100 if I'm having a good week.

I can't play penny, dime, or quarter games. If the average pot is less
than a cup of coffee at Starbucks, I can't maintain interest (and yes,
that really is my criteria).

Brew
--
Email me here: http://tinymail.me/k4r2nk

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Date: 22 Dec 2008 13:25:32
From: Will in New Haven
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22, 4:02=A0pm, Lute <lutelat...@msn.com > wrote:
> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. =A0I'm an hourly wage slave
> in an accounting office. =A0Mortgage paid off, cars paid off, credit
> cards paid off. =A0(Maybe I'm the reason the banks failed?) =A0Still pay
> for food, grandchildren, utilities and insurance. =A0Need my job.
>
> But still. =A0If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. =A0In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. =A0I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. =A0So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. =A0Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. =A0$6,000 is,
> after all, only 30 buy-ins of $200. =A0That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. =A0What stakes do you (or have you) played, and what are
> your thoughts?

Fairly recently, I was playing five/ten no-limit fairly regularly and
ten/twenty-five once in awhile. Then I bought half of the condo I live
in with my bankroll. I find one/two and sometimes two/five no-limit
much less stressful, even though I was doing well higher.

At the other end of the scale, when the family and neighbors get
together at my niece's place, we play five cent ten cent blinds with a
buy-in of thirty dollars. That keeps my interest and it's lots of fun.
When my brother flopped the "nut flush" and lost a buy-in to my
niece's straight-flush, it was more fun than anything I have seen on
the WSoP or WPT. The stack depth makes it fairly interesting. There is
a game occasionally within walking distance of my place with five
dollar blinds and everyone buys in for fifty bucks. Talk about dull.

--
Will in New Haven


 
Date: 22 Dec 2008 13:25:17
From: richlp
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22, 1:02=A0pm, Lute <lutelat...@msn.com > wrote:
> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. =A0I'm an hourly wage slave
> in an accounting office. =A0Mortgage paid off, cars paid off, credit
> cards paid off. =A0(Maybe I'm the reason the banks failed?) =A0Still pay
> for food, grandchildren, utilities and insurance. =A0Need my job.
>
> But still. =A0If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. =A0In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. =A0I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. =A0So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. =A0Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. =A0$6,000 is,
> after all, only 30 buy-ins of $200. =A0That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. =A0What stakes do you (or have you) played, and what are
> your thoughts?

I play for the enjoyment of the game rather than to win the money. In
essence, money is only the means of keeping score and I rarely play
differently in a freeroll than for real money.

So...........online I play "Play money SNG." Once the inevitable 1st/
2nd hand all-ins are over, people are usually playing (what they
conceive as - your opinion may vary) serious poker.

The few times I've played "live" I've found my fear of losing money
outweighs my delight in winning it. I've found my anal pucker factor
makes 3/6 limit too high so all I'll play is 2/4 limit. I buy in for
60 bucks and leave when that's gone (I never rebuy). In the past 5
years I've probably played about 10 sessions. I'm a net loser - not
sure how much, but not so much that I don't feel as if I haven't
gotten my entertainment value.


 
Date: 22 Dec 2008 13:20:14
From: charrison100
Subject: Re: What are the Highest Stakes You Play for?
On Dec 22 2008 4:02 PM, Lute wrote:

> I've seen posters here on RGP who indicate that they play ten cent-
> twenty cent poker online, or play in $2.20 cent tournaments.
>
> Now I'm far from being wealthy, far from it. I'm an hourly wage slave
> in an accounting office. Mortgage paid off, cars paid off, credit
> cards paid off. (Maybe I'm the reason the banks failed?) Still pay
> for food, grandchildren, utilities and insurance. Need my job.
>
> But still. If I were to play twenty-cent poker, I think I'd see about
> ten mediocre hands, and then just go all in, to mess with player's
> minds. In other words, it would ruin my game.
>
> At the other end of the spectrum, I once got into a game that was over
> my head. I had won $6,000 in a Party Poker trny (way back when), and
> was feeling rich. So I bought $200 into a NLHE ring game, thinking
> that I could tumble with the big guns and maybe score $2,000 in a
> session.
>
> I quickly lost $100, and was really rattled to see how fast it could
> disappear. Down to my last $50, I finally won a $200 pot, excused
> myself, and cashed out, grateful to have broken even. $6,000 is,
> after all, only 30 buy-ins of $200. That's not much in the world of
> poker finance.
>
> Lesson learned, stay in your comfort zone, just enough stress to keep
> you focused and disciplined, but not enough to make you fearful of
> going all in with a probable winner.
>
> If for you that's twenty cents, please keep it there.
>
> If it's $10,000, good for you.
>
> Just curious. What stakes do you (or have you) played, and what are
> your thoughts?

Online I play the 0.01/0.02 up to .25/.50 and SnG from 1.10 to 5.50

Live I'll play 1/2 or 2/5 in the casino, .25/.50 regularly and $20 SnG

I agree playing out of your range can rattle you. If I was every playing
in a game where a mortgage payment could be a single pot that's all I
would think about.
Chris

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