Interesting article on prop players
 

Mostly about the Commerce, but could likely apply to some other B&M rooms....

LA City Beat

Re: Interesting article on prop players
 

What the hell is he talking about here?

"For prop players, who are by-and-large “grinders” (patient players) and “rocks” (conservative players), the Hold ’Em surge is, surprisingly, bad news. Milo, 53, who propped at Hollywood Park Casino for three years, explains. “There are too many loose, wealthy wannabes now, and it’s very hard to beat too many bad players. Give me one or two loose cannons at the table, I’ll take that. But four or five and it’s very hard for the player who knows how to value hands, position, and odds to get through those people. It devalues his cards.” "

Re: Interesting article on prop players
 

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"For prop players, who are by-and-large “grinders” (patient players) and “rocks” (conservative players), the Hold ’Em surge is, surprisingly, bad news. Milo, 53, who propped at Hollywood Park Casino for three years, explains. “There are too many loose, wealthy wannabes now, and it’s very hard to beat too many bad players. Give me one or two loose cannons at the table, I’ll take that. But four or five and it’s very hard for the player who knows how to value hands, position, and odds to get through those people. It devalues his cards.”

[/ QUOTE ]

He is saying he doesn't adjust well to the modern game conditions.

Re: Interesting article on prop players
 

when you're 53 years old, I'd presume you aren't as willing to accept higher volatility with ultra-loose games even when there is a higher overall return (in theory). this prop wants a "municipal bond" type of poker game and not "biotech stock".

Re: Interesting article on prop players
 

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when you're 53 years old, I'd presume you aren't as willing to accept higher volatility with ultra-loose games even when there is a higher overall return (in theory). this prop wants a "municipal bond" type of poker game and not "biotech stock".

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I agree that it's now perhaps more volatile than he might prefer. However, he said that the game is "hard to beat" because it has "too many bad players", which makes no sense (although you could probably find dozens of "good players" in any cardroom who would make similar comments).

Re: Interesting article on prop players
 

[ QUOTE ]
What the hell is he talking about here?

"For prop players, who are by-and-large “grinders” (patient players) and “rocks” (conservative players), the Hold ’Em surge is, surprisingly, bad news. Milo, 53, who propped at Hollywood Park Casino for three years, explains. “There are too many loose, wealthy wannabes now, and it’s very hard to beat too many bad players. Give me one or two loose cannons at the table, I’ll take that. But four or five and it’s very hard for the player who knows how to value hands, position, and odds to get through those people. It devalues his cards.” "

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This section jumped out at me too, looks like he should pick up a copy of SSH.

Re: Interesting article on prop players
 

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[ QUOTE ]
What the hell is he talking about here?

"For prop players, who are by-and-large “grinders” (patient players) and “rocks” (conservative players), the Hold ’Em surge is, surprisingly, bad news. Milo, 53, who propped at Hollywood Park Casino for three years, explains. “There are too many loose, wealthy wannabes now, and it’s very hard to beat too many bad players. Give me one or two loose cannons at the table, I’ll take that. But four or five and it’s very hard for the player who knows how to value hands, position, and odds to get through those people. It devalues his cards.” "

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This section jumped out at me too, looks like he should pick up a copy of SSH.

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Uh, no. I think you missed something. He's actually playing poker to make money.

Re: Interesting article on prop players
 

</font><blockquote><font class="small">In Antwort auf:</font><hr />
Uh, no. I think you missed something. He's actually playing poker to make money.

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Don't ever change.

Re: Interesting article on prop players
 

[ QUOTE ]
What the hell is he talking about here?

"For prop players, who are by-and-large “grinders” (patient players) and “rocks” (conservative players), the Hold ’Em surge is, surprisingly, bad news. Milo, 53, who propped at Hollywood Park Casino for three years, explains. “There are too many loose, wealthy wannabes now, and it’s very hard to beat too many bad players. Give me one or two loose cannons at the table, I’ll take that. But four or five and it’s very hard for the player who knows how to value hands, position, and odds to get through those people. It devalues his cards.” "

[/ QUOTE ]

He needs to pick up a copy of SSH.

Re: Interesting article on prop players
 

[ QUOTE ]
when you're 53 years old, I'd presume you aren't as willing to accept higher volatility with ultra-loose games even when there is a higher overall return (in theory). this prop wants a "municipal bond" type of poker game and not "biotech stock".

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Good analogy but I suspect that the reason this guy has propped and not moved up and played bigger games on his own is that he's not good at hold'em.

Tight preflop and fit-or-fold postflop will only get you so far, and not recognizing loose games as the goldmines they are is idiotic. Note that this guy didn't articulate that he was uncomfortable with the increased variance loose games create; he appears to think that they're impossible for him to beat. Given his likely skillset I suspect this is true.

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it’s very hard to beat too many bad players...it’s very hard for the player who knows how to value hands, position, and odds to get through those people. It devalues his cards.

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Pathetic.