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Poker Discussion
General Poker
Is NL hold em, the biggest luck involved poker game ?
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[QUOTE="Rumme1, post: 2974609, member: 182441"] Yes, you are correct, it was Annette...and stories like hers, are just hype to try and get more suckers involved in poker...furthermore if her story is true, then even that is more evidence of how much luck is involved in NL hold em. I do not think your analogy of poker and investing in stock markets is very accurate or real. You claim less then 5% of people who invest longterm in the stock market, come out ahead . I disagree and this can be proven by the millions of people who invest in 401ks / IRAS..over the longterm and build a nice nestegg. Poker is not a skill game only...it is a game of huge variance, good luck and bad luck swings, and randomness. At any point in time, the luck factor can equalize all other components in the game of poker, for any length of time, especially NL hold em. There is no set time limit on how long a bad luck swing or good luck swing shall last. Many pros claim that bad luck can only last a few months at most, before the bad luck has to dissapear. They are liars because I have personally been involved in good luck swings that lasted years and bad luck swings that lasted years . Phil Ivey is often considred the best poker player on earth , and yet last year he ran bad for 2015..and lost millions in poker. If he runs bad again in 2016 and 2017, he will lose millions more, because the bad luck in those time stretches will overcome his poker skills . Perhaps the best poker skill to have during a bad luck run, is the ability to quit the game for many months, then come back and try it for a few sessions to see if the tide has changed. If it hasnt, then take off some more time and only jump back in the game once you feel you once again have average luck or above average luck. My anaology of poker is, ITS MUCH EASIER TO START WITH THE BEST HAND, THEN END WITH THE BEST HAND, BECAUSE THE LUCK FACTOR CAN OFTEN PUNISH A PLAYER FOR MAKING ALL THE CORRECT MOVES AT THE RIGHT TIME, AND REWARD A PLAYER FOR MAKING THE WRONG MOVES AT THAT RIGHT TIME. [/QUOTE]
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Is NL hold em, the biggest luck involved poker game ?
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