Prop Player?

[lehighguy]

I'm wondering about the advantages of being a prop player. It seems you get paid quite a bit and the 100% rakeback would sure be a lot of money. Is the disadvantage of being shorthanded that unprofitable. I'm just wondering what the pros and cons are. Especially if you are currently a poker prop. I'm wondering if I might do it myself.
http://www.premierpokerprops.com/

[AncientPC]

Advantages:
1) Getting paid to play poker.
2) Killing people in HU games.

[deacsoft]

[ QUOTE ]
Advantages:
1) Getting paid to play poker.
2) Killing people in HU games.

[/ QUOTE ]

Disadvantages?

[B1GF1SHY]

1) Getting killed in HU games.
2) Losing more money than you're making from the rakeback.

[deacsoft]

[ QUOTE ]
1) Getting killed in HU games.
2) Losing more money than you're making from the rakeback.

[/ QUOTE ]

Call me curious, but are there any less obvious disadvantages?

[BusterStacks]

1) being forced to play poker at certain times you may not want to

2) you have to leave when the games get full or close to it

being a prop only sounds good in theory, if it were worth it, there would people people lining up to get paid to play poker. As it is, getting a prop gig is super easy. Let that be an indication.

[lehighguy]

I take it you have experience proping?

[deacsoft]

[ QUOTE ]
1) being forced to play poker at certain times you may not want to

2) you have to leave when the games get full or close to it

being a prop only sounds good in theory, if it were worth it, there would people people lining up to get paid to play poker. As it is, getting a prop gig is super easy. Let that be an indication.

[/ QUOTE ]

Good points. That's what I was looking for.

[Ronald White]

[ QUOTE ]
[ QUOTE ]
1) being forced to play poker at certain times you may not want to

2) you have to leave when the games get full or close to it

being a prop only sounds good in theory, if it were worth it, there would people people lining up to get paid to play poker. As it is, getting a prop gig is super easy. Let that be an indication.

[/ QUOTE ]

Good points. That's what I was looking for.

[/ QUOTE ]

How can this be? I thought the banker gives you money to play and no matter what you get paid by the hour. The money won/lost stays with the house?

If this is an available job, can someone let me know? I have played a small amount of play money NL hold em, but I watch tv poker almost everyday. In my opinion, if you can master no-limit, you can play the limited bets poker no problem.

[Randy_Refeld]

I have been propping full time since May. If you are able to play short or heads up it is a good deal. If you are always looking to play in full games it isn't for you. Getting a prop job is really easy right now, but I think the main reason is people don't understand what a really good deal it is.

RR

[deacsoft]

[ QUOTE ]
If this is an available job, can someone let me know? I have played a small amount of play money NL hold em, but I watch tv poker almost everyday. In my opinion, if you can master no-limit, you can play the limited bets poker no problem.

[/ QUOTE ]

You have much to learn.

[deacsoft]

[ QUOTE ]
I think the main reason is people don't understand what a really good deal it is.

[/ QUOTE ]

How so?

[Randy_Refeld]

The pay is significant. On some sites you can get 28 cetns a hand. On other sites you can get 110% rake back, these both add up really fast. If you woule like specific details send me a message and I will share them.

RR

[moondogg]

Props play with their own money.

"Shills" play with house money.

[lehighguy]

I sent you a private RR. Anyone else who has done this before I would be glad to hear from.

[Randy_Refeld]

[ QUOTE ]
I sent you a private RR.

[/ QUOTE ]

I got quite few privates. I think I asnwered them all, if I missed anyoen go ahead and send me another one.

RR

[Rudbaeck]

[ QUOTE ]
How can this be? I thought the banker gives you money to play and no matter what you get paid by the hour. The money won/lost stays with the house?

[/ QUOTE ]

No, props play with their own money.

[ QUOTE ]
If this is an available job, can someone let me know? I have played a small amount of play money NL hold em, but I watch tv poker almost everyday. In my opinion, if you can master no-limit, you can play the limited bets poker no problem.

[/ QUOTE ]

Post of the week?

[crockett]

Hi Ronald and welcome to forums.

[ QUOTE ]
If this is an available job, can someone let me know? I have played a small amount of play money NL hold em, but I watch tv poker almost everyday. In my opinion, if you can master no-limit, you can play the limited bets poker no problem.

[/ QUOTE ]

Before you jump into the world of "real money" internet poker I think you should spend a lot of time reading these forums. You made 2 VERY dangerous statements.

Watching TV poker does absolutely nothing for a beginning player. You have to realize that your seeing a very chopped up and manipulated video. They are "telling" a story to you. It really is very close to "make believe". In fact, in some cases hands are unintentionally or intentionally fabricated.

Many "beginners" see a pro like Gus Hansen make a big bet with two crappy cards and think this is something they can do to. They don't realize he has been playing at this same table with the same people for five hours and some of them he has had played against for dozens of hours and is considering many things like their chip stacks versus his chip stacks, number of hands they have been playing, blinds in comparison to chip stacks, how many people are left to act and even more. TV tells you none of this. You also don't get to see that he has folded the last 47 hands in a row. They just string together 3 times where he played loose and people think "man, this guy is a manic and gets away with it.”

Your second point. Most serious players would disagree with you. They feel No-limit poker to be an easier game than limit poker. You have your logic somewhat backwards. I don’t think anyone here would say “If you master limit then no-limt should be easy” but to say the opposite I think would be further off .

I believe most feel that they are just two TOTALLY different games and for the most part the only close things are pre-flop decisions and even this can be quite different on such things as small pocket pairs.

Anyways, why did I take the time to type all this. Because I hope you haven’t taken the plunge into real money yet. If you have, I hope your playing at limit that seems “low” to you because my guess is you need to learn a lot. I say all this because my brother went through a lot of money the hard way. I didn’t even know he was playing poker for real money until we got together one day this summer (we live many miles apart) and we played some hold’em for fun with a group. I quickly realized he was an “any A, any suited and I’ll throw some crap hands in once in awhile to mix my game up” type player. He was also a chaser. He played pretty good post flop but was doing a lot of chasing. After the game ended I brought up what I thought of his play and found out he was a regular donater at the party games and over the last year had dropped quite a bit. To him it was no big deal and it was “kind of like going to the casino”.

Since you’ve managed to discover these forums I think you should spend a lot of time reading them. If you want to play poker for fun or entertainment that is fine, I personally have nothing against it. In fact, I will on occasion just stop thinking about the game and play totally on instinct in “home” low limit games just because I like “goofing” around with people I’m playing with. Going home up 40 or down 40 doesn’t make a difference, it was just entertainment. On the other hand, if you want to play poker serious I think you really need to start changing your thinking.

[Ronald White]

Thanks for the information, all. I really didn't know there was so much to it. I don't have allot of money, so I guess I really need to practice at something small like 2-dollar, 4-dollar poker before I get into it bigger.

Yes, I guess I started posting out of enthusiasm, and THEN I started to read the forums. Wow, there is allot if information here and allot to learn!

[apd138]

Ron I hope to god you are talking about $2 and $4 buy in games and not $2 $4 small and big bet games.

[Ronald White]

Sorry, I mean where there is a big blind of $2 and a small blind of $1 with a $2 bet on flop, then a $4 bet on the turn and river cards. Now, that I think about it, this is allot of bets for only having $50. I will play lower than this, thanks.

[ghostface]

Ronald,

If you are going to start playing for real money, please play .05/.10 at pacific or some other really low limit. Buy and read Winning Low Limit Holdem and Small Stakes Holdem (later when you have more experience). Win 300 big bets($30) at that limit and then move up to .10/.20. This may sound like dumb advice but its the best way to go if all you have done is play some play money NL. My girlfriends 10-year old brother currently has over 5 million in play chips at party. That was how I started a year and a half ago and I'm doing just fine now. Like you said you dont have that much money and to be properly bankrolled for 2/4 you need 1200 available. Doesnt sound like you have that.

So try starting at .05/.10 with $50 and getting to $80 or better before moving up. Post hands here and get help with your game. Limit is not to learn and its not comparable to NL play money at all.

[Terrapin88]

Ronald, why don't you just send me your money now. Save yourself the hassle of actually losing it at the 2/4 table.

[ghostface]

Instead of that post how about something helpful?

With $50 the only limit you can really play is .05/.10. Yes thats nickel/dime. Its sounds like a waste of time but you HAVE to start low unless you are a prodigy with a lot of money to (possibly) lose. You have $50 so be smart.

[scott1]

[ QUOTE ]
If this is an available job, can someone let me know? I have played a small amount of play money NL hold em, but I watch tv poker almost everyday. In my opinion, if you can master no-limit, you can play the limited bets poker no problem.

[/ QUOTE ]

All these sincere responses......no one else read this and immediately thought Ronald = troll?

[deacsoft]

I gave him the benifit of the doubt.

[Ronald White]

If I said something wrong, I am sorry.

I am new to poker, so I am going to make mistakes. I watch poker with my folks almost everyday. Because I played lots of other games, I thought poker would not be too hard. Since last night, I have been reading more on this site, and I now see a lot of wrong ideas I had. For example, a game that seems small like two-dollar and four, is not really that small in respect to the right amount of bankroll.

I see that I need hundreds of dollars to correctly fund for that game.

I will play at much lower limits to begin. I am only doing this for fun, and I don't want to lose too much.

Most of you don't need to worry, because I will not be posting very much. I was just interested in the topic of house money players.

[AngryCola]

[ QUOTE ]
All these sincere responses......no one else read this and immediately thought Ronald = troll?

[/ QUOTE ]

Most of his posts indicate he is.

[deacsoft]

[ QUOTE ]
[ QUOTE ]
All these sincere responses......no one else read this and immediately thought Ronald = troll?

[/ QUOTE ]

Most of his posts indicate he is.

[/ QUOTE ]

Extremely judging aren't you guys?

[pshreck]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
All these sincere responses......no one else read this and immediately thought Ronald = troll?

[/ QUOTE ]

Most of his posts indicate he is.

[/ QUOTE ]

Extremely judging aren't you guys?

[/ QUOTE ]

It's not really judging. Nearly all his posts are very trollish and are bothering people. They can respond as they wish.

[deacsoft]

Okay.

[Boltsfan1992]

Hiya Randy -

Curious to learn about the prop player programs that you are a part of.

What are some of the difficulties you have encountered and which programs are more reputable? I'm curious to know anything you can tell me. I have always wondered if this was a good option or not...something tells me that it is too good to be true, but it sounds like it's working for you.

Any information that you can provide would be helpful.

Thanks -

PB

[Randy_Refeld]

Well it is a good deal. I think people's natural reluctance to get involved with something they are unfamiliar with leaves some money on the table. It is a lot like dealing poker in that if people working at McDonald's knew what poker dealers made they would become poker dealers. There are a lot of programs out there and a lot of them are junk. I had someone from this board recently IM me with an offer to make a little less than half what I do now; needless to say I told him no thanks. If you can play short handed propping is for you; if you can't play short propping is not for you becasue you still need to beat the game. The sites I prop at have a lot of really bad players (a lot of the props are really bad). I will drop you an IM with some specifics.

RR

[GrannyMae]

nice post

http://smilies.sofrayt.com/%5E/w/thumbs.gif

[donthue]

Plz drop that IM to me aswell