A Geek Speaks on Texas Hold'em Poker
on
Geeks and Poker?
·
· Score: 5, Informative
Disclaimer -- the only form of Poker I play is Texas Hold'em, Low-Mid Limit and occasionally No Limit tournaments. I can't speak on the other variations of the game and, no, I don't work for or with any of the sources that I am citing.
For starters, Hold'em, like any form of Gambling for real money, isn't for everyone. Gambling is called Gambling for a reason, otherwise they'd call it Savings. But if you're looking at getting into it, here is some food for thought:
From a geek standpoint, I think one of the appeals that Hold'em Poker has is that it isn't so much a game a chance as it is more of a game of incomplete information. The very essence of living a geeked out existance is marinated in the ability to thrive in environments of incomplete information, whether solving problems or creating solutions. Out of those who consider themselves geeks, I'd have to say that those who are Hackers (whether in the genuine sense or cracking into computer/network/phone systems) would probably tend to have a little more of an edge than most. Aside from the logic and reasoning involved in playing the game, there's a certain instinct that develops, very similar to that certain "something" that enables some people the uncanny ability to take a look at a system, see what isn't obvious and find ways to make that system do things it wasn't originally designed to do. Anyone applying the Hacker Mentality to learning and playing the game will probably find that it won't take long for them to become formidable opponents.
Another way to look at the game is that essentially you're putting together a puzzle, racing to put yours together first, and betting that you can put together a better puzzle than everyone else -- all done by assembling the information between the hole cards that you're dealt, the cards that are flopped, the final cards that hit the table, and the patterns of betting/raising/folding around the table. You're not only competing with others at the table but you're also competing with yourself since there are times when you'll have to fold on seemingly great hands because playing them through to the end of a round will only mean getting beat and throwing your money away. Outside of just plain old bad luck, when it comes to most people losing big at Hold'em, generally you can boil it down to either (1) the know the basic rules but being clueless about the game's dynamics, (2) playing with a lack of discipline, and/or (3) letting their egos dictate the way they play their cards instead of doing what the cards and the dynamics of the table during that particular round says they should do. I'm no expert but this is something I've observed way too often. I've competed in some small stakes Hold'em tournaments locally and walked away with the top prize several times. In each case the people that were easiest to knock out of the game succumbed to any one of those three, usually all of them by the time I was scooping up the last of their chips.
The two foremost authors I've read on the subject are Sklansky and Malmuth. Between these three books -- The Theory of Poker by David Sklansky (ISBN: 1-880685-00-0), Hold'em Poker by David Sklansky (ISBN: 1-880685-08-6), and Hold'em for Advanced Players by David Sklansky and Mason Malmuth (ISBN: 1-880685-22-9) -- alot of patience, and alot of practice with both online poker play (start with play money) and stand-alone versions of the game, it doesn't take long to advance beyond being one of the novices throwing their money away at a table and getting beat like a baby seal. The rest comes with time and experience.
Aside from those books, there are tons of sites out there on the subject. Here are a few that I found to be helpful during the learning processs:
There have been alot of interesting comments on self-publishing in this thread. Some are pretty good, some are bitter, and more than a few seem to be coming from people who haven't really followed the publishing industry since the early to mid 90's. I've been studying the publishing industry for about 5 years now, started my own publishing company, produced 1 of my own books, 1 almost finished, and 2 other author manuscripts in the chamber for production. I've got alot to share about the publishing thing - good, bad, and ugly. Mostly through word of mouth, I've sold several hundred copies of my first book, a collection of poetry and short stories. It's been my guinnea pig to build from.
For starters, if you're going to self-publish your book, you'll want to do so with the knowledge that, at worst, the endeavor serves as a huge time and money sinkhole. At best, you'll set out on what will become a great success story. And if you're smart early on, you'll be able to break even. I've got alot to share and I've been writing on this post off and on for several hours now in and around last minute work stuff, so if it seems a bit jumpy in parts, forgive me.
The publishing industry as a whole has been undergoing a slow, steady shift as a result of current technologies and changing trends in information distribution. According to a study done by the Publisher's Marketing Association, while large publishing companies have barely held their own over the past five years, the 80,000-plus independent publishers in the U.S.A. have grown at a rate of 22 percent per year. Their combined revenue now amounts to approximately $30 billion per year. The numbers aren't earthshattering, but they're enough to have the majors already nervous about what the future holds.
When it comes to self-publishing your book, before you embark on this endeavor, do alot of homework.
Go download this PDF; it contains what many startup independents would consider the quinessential reading list for how to crack into publishing, whether just for your 1 title or as a small press: http://www.wexfordpress.com/tex/pub.pdf
Investing in all or even at least half those titles can save you literally tens of thousands of dollars in the long run.
Although, by default, when you pay for the production of a book, even though you are the publisher, it does NOT make you *A* publisher. There's a huge difference. I'm going to hit on some key points and do so in real broad strokes, so forgive me for any details I may gloss over.
FORM A CORPORATION - cheapest alternative would be to set up an LLC in your state... roughly $50 for your local biz license, $100 or so for the State Corp Commission registration. Get your EIN number from the IRS as well. Set up as a company and you'll have a legitimate means of using all of your invested monies as a tax writeoff against what you're earning with your day job. The profits and losses within an LLC flow back to the owner(s) in the form of K1-statements from when you file the company's taxes. These K1s are then used when filing one's own taxes. In the early days, you're almost always going to take significant losses, thus significant gains on income tax refunds.
CONTENT EDITING - I don't care if you've spent half your life as an editor for your local newspaper, it's a bad idea to act as the editor of your own work. Do as much editing as you can on your end then contract an outside editor to go through the whole manuscript. Be sure it's someone that is accustomed to real content editing and not just proofing/spell checking. The editor will ultimately help turn your book into a streamlined readable work. Not working with an editor foreshadows failure.
ISBN Numbers - can be purchased in blocks from RR Bowkers.. sorta like IP addresses. Anyway, if you're going to self-publish, you're going to want your own ISBN numbers. Some of these all encompassing services will offer to put an ISBN number on your work; avoi
Slashdot Mirror
Disclaimer -- the only form of Poker I play is Texas Hold'em, Low-Mid Limit and occasionally No Limit tournaments. I can't speak on the other variations of the game and, no, I don't work for or with any of the sources that I am citing.
For starters, Hold'em, like any form of Gambling for real money, isn't for everyone. Gambling is called Gambling for a reason, otherwise they'd call it Savings. But if you're looking at getting into it, here is some food for thought:
From a geek standpoint, I think one of the appeals that Hold'em Poker has is that it isn't so much a game a chance as it is more of a game of incomplete information. The very essence of living a geeked out existance is marinated in the ability to thrive in environments of incomplete information, whether solving problems or creating solutions. Out of those who consider themselves geeks, I'd have to say that those who are Hackers (whether in the genuine sense or cracking into computer/network/phone systems) would probably tend to have a little more of an edge than most. Aside from the logic and reasoning involved in playing the game, there's a certain instinct that develops, very similar to that certain "something" that enables some people the uncanny ability to take a look at a system, see what isn't obvious and find ways to make that system do things it wasn't originally designed to do. Anyone applying the Hacker Mentality to learning and playing the game will probably find that it won't take long for them to become formidable opponents.
Another way to look at the game is that essentially you're putting together a puzzle, racing to put yours together first, and betting that you can put together a better puzzle than everyone else -- all done by assembling the information between the hole cards that you're dealt, the cards that are flopped, the final cards that hit the table, and the patterns of betting/raising/folding around the table. You're not only competing with others at the table but you're also competing with yourself since there are times when you'll have to fold on seemingly great hands because playing them through to the end of a round will only mean getting beat and throwing your money away. Outside of just plain old bad luck, when it comes to most people losing big at Hold'em, generally you can boil it down to either (1) the know the basic rules but being clueless about the game's dynamics, (2) playing with a lack of discipline, and/or (3) letting their egos dictate the way they play their cards instead of doing what the cards and the dynamics of the table during that particular round says they should do. I'm no expert but this is something I've observed way too often. I've competed in some small stakes Hold'em tournaments locally and walked away with the top prize several times. In each case the people that were easiest to knock out of the game succumbed to any one of those three, usually all of them by the time I was scooping up the last of their chips.
The two foremost authors I've read on the subject are Sklansky and Malmuth. Between these three books -- The Theory of Poker by David Sklansky (ISBN: 1-880685-00-0), Hold'em Poker by David Sklansky (ISBN: 1-880685-08-6), and Hold'em for Advanced Players by David Sklansky and Mason Malmuth (ISBN: 1-880685-22-9) -- alot of patience, and alot of practice with both online poker play (start with play money) and stand-alone versions of the game, it doesn't take long to advance beyond being one of the novices throwing their money away at a table and getting beat like a baby seal. The rest comes with time and experience.
Aside from those books, there are tons of sites out there on the subject. Here are a few that I found to be helpful during the learning processs:
http://www.twoplustwo.com/
http://www.learn-texas-holdem.com/
http://www.holdemsecrets.com/
Als
There have been alot of interesting comments on self-publishing in this thread. Some are pretty good, some are bitter, and more than a few seem to be coming from people who haven't really followed the publishing industry since the early to mid 90's. I've been studying the publishing industry for about 5 years now, started my own publishing company, produced 1 of my own books, 1 almost finished, and 2 other author manuscripts in the chamber for production. I've got alot to share about the publishing thing - good, bad, and ugly. Mostly through word of mouth, I've sold several hundred copies of my first book, a collection of poetry and short stories. It's been my guinnea pig to build from.
For starters, if you're going to self-publish your book, you'll want to do so with the knowledge that, at worst, the endeavor serves as a huge time and money sinkhole. At best, you'll set out on what will become a great success story. And if you're smart early on, you'll be able to break even. I've got alot to share and I've been writing on this post off and on for several hours now in and around last minute work stuff, so if it seems a bit jumpy in parts, forgive me.
The publishing industry as a whole has been undergoing a slow, steady shift as a result of current technologies and changing trends in information distribution. According to a study done by the Publisher's Marketing Association, while large publishing companies have barely held their own over the past five years, the 80,000-plus independent publishers in the U.S.A. have grown at a rate of 22 percent per year. Their combined revenue now amounts to approximately $30 billion per year. The numbers aren't earthshattering, but they're enough to have the majors already nervous about what the future holds.
When it comes to self-publishing your book, before you embark on this endeavor, do alot of homework.
Go download this PDF; it contains what many startup independents would consider the quinessential reading list for how to crack into publishing, whether just for your 1 title or as a small press: http://www.wexfordpress.com/tex/pub.pdf
Investing in all or even at least half those titles can save you literally tens of thousands of dollars in the long run.
Although, by default, when you pay for the production of a book, even though you are the publisher, it does NOT make you *A* publisher. There's a huge difference. I'm going to hit on some key points and do so in real broad strokes, so forgive me for any details I may gloss over.
FORM A CORPORATION - cheapest alternative would be to set up an LLC in your state... roughly $50 for your local biz license, $100 or so for the State Corp Commission registration. Get your EIN number from the IRS as well. Set up as a company and you'll have a legitimate means of using all of your invested monies as a tax writeoff against what you're earning with your day job. The profits and losses within an LLC flow back to the owner(s) in the form of K1-statements from when you file the company's taxes. These K1s are then used when filing one's own taxes. In the early days, you're almost always going to take significant losses, thus significant gains on income tax refunds.
CONTENT EDITING - I don't care if you've spent half your life as an editor for your local newspaper, it's a bad idea to act as the editor of your own work. Do as much editing as you can on your end then contract an outside editor to go through the whole manuscript. Be sure it's someone that is accustomed to real content editing and not just proofing/spell checking. The editor will ultimately help turn your book into a streamlined readable work. Not working with an editor foreshadows failure.
ISBN Numbers - can be purchased in blocks from RR Bowkers.. sorta like IP addresses. Anyway, if you're going to self-publish, you're going to want your own ISBN numbers. Some of these all encompassing services will offer to put an ISBN number on your work; avoi