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View Full Version : Thoughts on my Oppurtunity Cost of playing cash games


Maulik
07-13-2005, 10:59 AM
A few things fore mostly; I am a winning SNG player at the $30+3, my ROI after my first 600 tournaments was 15%. I began a move to cash games this summer, as I didn’t have the time to log set after set as I used to since I work FT during the day. This was the sole reason for not playing SNGs as I like to continuously open set after set if I bust out.

I would like to say cash games lets you understand and better deal with variance than SNGs do, IMO.

Great, so cash games seems like a perfect fit for me now, get up as I please, etc. Today, I was thinking in terms of opportunity cost, which given the time I’ve been playing has cost me $3500. Furthermore, I would with great certainty be able to say I’d be playing the $50+5 with a large bankroll and would be a small winning player at this point. With that said by the end of August, in all likelihood I’d be playing the $100+9 if not sooner.

Before you drill me for not taking the easy money, my other considerations as I’ve discussed with some SNG players & some cash game players are here:

When the fish dry out (not that they will anytime soon, we won’t discuss that here); I’ll be better suited to beating better players. The room for growth in my opinion is larger for a cash game player (discuss).

With that said, I’m not really sure where I want to go as far as poker goes, I want to become proficient poker player over the course of my lifetime, I like the challenge; I like making great plays and a result of being a good player happens to be the money (which was my driving factor earlier in my career).

Ask any questions, which may help you further answer my questions or rip me. Thanks guys and let variance be good.

Phill S
07-13-2005, 11:28 AM
Ive been thinking about the fish. My hypothesis is they will always play multi table tourneys (hours of fun for set entry, with luck a big score).

I think TV poker will peak pretty soon, but the lasting effect will be a lot of tourney specialists (by which i mean a lot of tourney fish). If you go to pokerpulse.com and look up the stats, most players play tourneys.

Now with tourney players moving away from cash games, when they dont want to set aside a lot of time for a full MTT, what do they play?

Single table tourneys.

Theory: When poker dies down a little (it wont ever go back to how it was even a year ago, it will stay quite big) it will die down in cash games to a higher degree than tourneys (both STT and MTT).

Response according to theory: Learn how to multitable STTs, 54 tabling the 20s is about right /images/graemlins/grin.gif . There is no doubt in my mind that the games will get very tough at the top tier of the most popular sites; but thats all relative of course.

Oh, and i think party is doomed long term (either stars takes over massively or its legalised in the US and one of the big Vegas gambling corps starts up a new site), so learn to play flops, so NL cash isnt all bad.

Of course, this is as much opinion as anything, so take it with a side salad and a good portion of salt.

Phill

Maulik
07-13-2005, 06:48 PM
a bump for what I thought was a good post/question about player development.

The Don
07-13-2005, 07:42 PM
Agreed, I built my original roll in 6max NL and I am definitely better off for it. SNGs are more fun though and I think that alone will keep the fish plentiful. Also, people that beat 25NL/50NL do horribly in SNGs because they are so used to nut-peddling. These players (and of course the maniacs) will keep the lower level games very beatable.