Title: According to Paradise 8% of their poker players are winners Post by: TightEnd on October 18, 2005, 02:33:04 PM I've just met the people from Sportingbet, the owners of Paradise Poker
In the course of the meeting they made the following statement "8% of our poker players are winners" This got me to thinking...how does this compare to the Blonde membership? I've put a poll up and I want honest responses....are you a winner in online poker over the last twelve months? It's anonymous, so please answer honestly. I would expect us to beat 8% (if you want to spend time on forums like this or read books etc and try an improve I would say we would have an above average standard for whatever level or type of game we play in) Title: Re: According to Paradise 8% of their poker players are winners Post by: Robert HM on October 18, 2005, 02:37:10 PM Only just seeing a profit recently I have to say I am behind over the year
Title: Re: According to Paradise 8% of their poker players are winners Post by: AdamM on October 18, 2005, 02:42:02 PM my first profitable year online. always done much better live before.
Title: Re: According to Paradise 8% of their poker players are winners Post by: M3boy on October 18, 2005, 02:50:20 PM My worst year online, and until 2 months ago was behind quite alot! (Not counting the WPT and Heads up seats won)
Now turning a profit on the year, and still 2.5 months to go :) Title: Re: According to Paradise 8% of their poker players are winners Post by: winkie on October 18, 2005, 02:52:21 PM Doing much better online than live...
Started the year only really playing on Ladbrokes, but during the year I've also played regularly on Blue Square and more recently on Full Tilt. I'm winning online, but losing in live games. My live tourney play at the moment is horrible (just going through a bad patch of form). Title: Re: According to Paradise 8% of their poker players are winners Post by: Kaibobble on October 18, 2005, 02:56:48 PM Hmm i have noticed with paradise you seem to go on a terrible losing spree when ever you cash money out
Title: Re: According to Paradise 8% of their poker players are winners Post by: TightEnd on October 18, 2005, 02:57:34 PM I can never get both working at the same time...I made money online Jan-June and lost live, the reverse July-September and now October I'm up online and losing live
I cannot for the life of me figure out why I can't get both working together Title: Re: According to Paradise 8% of their poker players are winners Post by: owner on October 18, 2005, 03:01:58 PM M3boy raises an interesting point there about winning seats. I play a lot of online sats. to both live games and bigger tourneys, but how do you factor those into any P/L ? If I win a seat into the stars $500 biggy for $70 and then don't cash in the tourney am I $430 in profit ? Account still says I am $70 down.
Title: Re: According to Paradise 8% of their poker players are winners Post by: TightEnd on October 18, 2005, 03:03:52 PM Paradise would account for this as loss. Actually more accurately they would not add it to people's profit figures. In fact I would say it is profit.
Title: Re: According to Paradise 8% of their poker players are winners Post by: Pokerron on October 18, 2005, 03:05:16 PM Unless you were planning to buy in for full amount if you didnt win sat' I'd say it doesnt count.
Title: Re: According to Paradise 8% of their poker players are winners Post by: Nakor on October 18, 2005, 03:07:20 PM My best year online, and the last 12 months has seen me up even though I had a six week hole in which I never found a hand.
And like some of you to mirror this my Live results have been poor, and sees me down for the same period. Why does it work that way? Title: Re: According to Paradise 8% of their poker players are winners Post by: luckyblind on October 18, 2005, 03:11:40 PM I count seats as a profit then subtract them when I play the event. Either way it is only a profit if you cash in the main event.
My results have been static for the last 6 months. I started well and then have barely cleared a profit over rest of the year. Mostly due to taking a few shots at bigger events and trying new games / cash game levels. The other reason is I never seem to find the time for a consistent bash at any of the grinding in cash or STT's. The majority of play is now when I am working in the shop and I cant risk multi tabling or higher stakes as customers have to come first. However if you count everthing I do that is poker related then I am a winner through selling poker gear in the shops and running tournaments :)up Title: Re: According to Paradise 8% of their poker players are winners Post by: dan on October 18, 2005, 03:14:11 PM ive ticked that im a winner mainly because my 2 biggest wins have been big satellites. 1 was a 12k package to the wsop and the other a 10k package to st kitts. ive also won cash multis and have a good return in stt (6paks). i didnt cash at the wsop but i dont see that as a loss of the money i put into it
Title: Re: According to Paradise 8% of their poker players are winners Post by: Jeff D on October 18, 2005, 03:15:38 PM Haven't had a losing year live for quite a while, however, I'm doing my b*****ks online. Can't explain it, but there could be a correlation with the amount of red wine consumed! ~: ~: ~:
Title: Re: According to Paradise 8% of their poker players are winners Post by: Pokerron on October 18, 2005, 03:15:55 PM I count seats as a profit then subtract them when I play the event. Either way it is only a profit if you cash in the main event. If I win a $500 seat through a $25 sng I would class the main event as a $25 event for my records. if I dont win a seat, I record the sng as the $25 loss it is. Title: Re: According to Paradise 8% of their poker players are winners Post by: dan on October 18, 2005, 03:17:41 PM if i win a seat into another online tournament for example the 35k on crypto if it cost me £15 to win my seat i count that as a loss if i dont cash
Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 03:23:57 PM Even though i prefer to play "live" rather than online i find it so much more easy to make a decent profit online that its very rare i play live nowadays. Its much more convenient, there's no travelling involved and i can shout to my hearts content at the "donk" who's just bust my AA with J-6 o/s and no-one is any the wiser.
i agree with pokerron about how to record winning satellites to bigger events. I won my wsop seat thru a $25r rebuy, i didnt cash in the main event so i recorded it as a $77 loss but i got 9 days in vegas for free!!! Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 03:30:32 PM Recording sats really is a problem for me.
people who say "it only cost me £10" drive me insane. If it's a $500 seat, then thats how much its cost you! Whether you won your $500 in a $50 Sat or if you paid it up out of your original bankroll. If i win a seat to a $500 event then its a $50 STT win for $500. Then if i dont place its a $500 MTT loss. Title: Re: According to Paradise 8% of their poker players are winners Post by: Pokerron on October 18, 2005, 03:34:01 PM If that's the case a lot of sponsored players are in trouble RF!
Title: Re: According to Paradise 8% of their poker players are winners Post by: luckyblind on October 18, 2005, 03:48:31 PM If i win a seat to a $500 event then its a $50 STT win for $500. Then if i dont place its a $500 MTT loss. So overall it is a $50 loss if you don't cash so it did cost you $50! :)up Title: Re: According to Paradise 8% of their poker players are winners Post by: owner on October 18, 2005, 03:49:48 PM But if it's a trip to WSOP / WPT etc.. you need to add on "life experience profit" (I just made that up) O0
Title: Re: According to Paradise 8% of their poker players are winners Post by: jezza777 on October 18, 2005, 03:55:44 PM overall i am a winner in the last 12 months but only due to some tournament cashes. My cash game stinks at then moment
Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:05:26 PM Recording sats really is a problem for me. people who say "it only cost me £10" drive me insane. If it's a $500 seat, then thats how much its cost you! Whether you won your $500 in a $50 Sat or if you paid it up out of your original bankroll. If i win a seat to a $500 event then its a $50 STT win for $500. Then if i dont place its a $500 MTT loss. the net result is still the same though - a $50 loss, however you record it........ Title: Re: According to Paradise 8% of their poker players are winners Post by: luckyblind on October 18, 2005, 04:06:21 PM But if it's a trip to WSOP / WPT etc.. you need to add on "life experience profit" (I just made that up) O0 Actually that is true. Especially for the ones in Aruba/Bahamas. I priced the cost of the hotel I stayed in at The caribbean adventure and it was about $5000 for the week I was there (I believe I met Matt674 there briefly). Add in the brownie points for a luxury holiday supllied to girlfriend who gets to sunbathe in peace while I play poker and it must be worth something in the balance sheet :)up Title: Re: According to Paradise 8% of their poker players are winners Post by: Graham C on October 18, 2005, 04:07:08 PM its probably close to a profit or just a small loss. Ive not been playing long and generally do ok but then I only play the cheap tourneys anyway so my losses are small
I didnt vote cos Im not sure Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:07:39 PM overall i am a winner in the last 12 months but only due to some tournament cashes. My cash game stinks at then moment so why play cash games then? If your most profitable form of poker is MTT's then just stick to MTT's...... i know my most profitable form of poker is MTT's as they best suit my style of play, you'll never find me at a cash table or STT at pokerstars. Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:12:28 PM But if it's a trip to WSOP / WPT etc.. you need to add on "life experience profit" (I just made that up) O0 Actually that is true. Especially for the ones in Aruba/Bahamas. I priced the cost of the hotel I stayed in at The caribbean adventure and it was about $5000 for the week I was there (I believe I met Matt674 there briefly). Add in the brownie points for a luxury holiday supllied to girlfriend who gets to sunbathe in peace while I play poker and it must be worth something in the balance sheet :)up Yes, i was at the Pokerstars caribbean adventure as well in January, where did our paths cross? (sorry cant reckognize you from your picture its too small!) is your PS name luckyblind as well? Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 04:13:04 PM yes matt it's 50 loss either way, but 1 shows you making a profit in STT's and a loss in MTT's other shows just a loss in STT's so it messes with your stats. Makes your MTT's look better and your STT's worse.
As someone who takes record keeping very seriously this is not very helpful!! Of course these packages are like a holiday. Its the same as paying for anything else out of your bankroll though. I dont know what you mean Pokerron Title: Re: According to Paradise 8% of their poker players are winners Post by: RED-DOG on October 18, 2005, 04:13:15 PM I add onlin/live wins and losses to my annual running total, ie I win a £1000 seat for $100, that counts as $100 down, then I cash in the game I won the seat for say £500, then I'm £450 up
Does that make sense? Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:21:56 PM yes matt it's 50 loss either way, but 1 shows you making a profit in STT's and a loss in MTT's other shows just a loss in STT's so it messes with your stats. Makes your MTT's look better and your STT's worse. As someone who takes record keeping very seriously this is not very helpful!! Ahh sorry, i only play MTT's so my record keeping is a lot simpler!!! :) Title: Re: According to Paradise 8% of their poker players are winners Post by: luckyblind on October 18, 2005, 04:23:03 PM But if it's a trip to WSOP / WPT etc.. you need to add on "life experience profit" (I just made that up) O0 Actually that is true. Especially for the ones in Aruba/Bahamas. I priced the cost of the hotel I stayed in at The caribbean adventure and it was about $5000 for the week I was there (I believe I met Matt674 there briefly). Add in the brownie points for a luxury holiday supllied to girlfriend who gets to sunbathe in peace while I play poker and it must be worth something in the balance sheet :)up Yes, i was at the Pokerstars caribbean adventure as well in January, where did our paths cross? (sorry cant reckognize you from your picture its too small!) is your PS name luckyblind as well? A brief chat in the card room. I think it was during one of the smaller tournaments or a STT maybe. If I remember rightly Purr of Aces was at the table too. Loads of blondes must try and qualify for the 'Blonde Carribean adventure' this year. Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 04:25:39 PM Ahh sorry, i ....... is a lot simpler!!! :) Sorry felt like some fun!! :D :D :D Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:26:14 PM A brief chat in the card room. I think it was during one of the smaller tournaments or a STT maybe. If I remember rightly Purr of Aces was at the table too. Loads of blondes must try and qualify for the 'Blonde Carribean adventure' this year. Ahh yes i remember now :) i think there were two americans sat at the table and they were feeling insecure because we were all talking with accents they couldnt understand!! ;) Title: Re: According to Paradise 8% of their poker players are winners Post by: M3boy on October 18, 2005, 04:27:25 PM Interesting point made about live and online play - people cant get them going well in both at the same time
I made a post about this no so long back. As for counting winning seats (ie WPT etc...) I feel that you CAN count PART of the win as a win. ie $54 to buy in and you win a $4500 package. Of the package, $1400 is for "expenses" - This part I fell you CAN count as profit, but not the value of the seat won. Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:28:09 PM Ahh sorry, i ....... is a lot simpler!!! :) Sorry felt like some fun!! :D :D :D being a simple monkey i've suffered a lot worse from the likes of BigArmo of an evening at the cybertables!! its not my fault i'm a dumb primate :'( Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 04:29:25 PM Paul most of those expenses go on your costs though. Although you will clearly come out 'ahead' given you only need $54!!
Although when do you start to consider loss of earnings???? Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:31:20 PM Interesting point made about live and online play - people cant get them going well in both at the same time I made a post about this no so long back. I found this out a few years back when i started playing on pokerstars when my "live" strategy didnt seem to work as well onlline. After a few months of watching some of the other players i realized the changes i'd have to make to make playing online profitable. My live game and my online game i find need to be slightly different in certain areas to both be profitable. Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 04:33:08 PM Interesting point made about live and online play - people cant get them going well in both at the same time I think thats true for some players, i now dont really have to much of a problem with both, i did to start with but now i have found the happy medium. Title: Re: According to Paradise 8% of their poker players are winners Post by: M3boy on October 18, 2005, 04:39:21 PM Interesting point made about live and online play - people cant get them going well in both at the same time I made a post about this no so long back. I found this out a few years back when i started playing on pokerstars when my "live" strategy didnt seem to work as well onlline. After a few months of watching some of the other players i realized the changes i'd have to make to make playing online profitable. My live game and my online game i find need to be slightly different in certain areas to both be profitable. Yes, I think we all know that the style of play needs to be different, my live tourneys are at least 30 min clock, where as online it is 15 min clock. Also people cannot be pushed off hands online like they can live. Its just putting it into practice. James, out of the £750 for expenses, flights were £50 return, hotel £250. Therefore £450 is profit (less the $54 buy in). Now i know you will say you need to drink and eat, but these things you need to do where ever you are! lol Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 04:43:05 PM Oh yeah you can get good profit just from the extra expenses.
How on earth did you get a £50 flight!?!?!? Title: Re: According to Paradise 8% of their poker players are winners Post by: matt674 on October 18, 2005, 04:45:24 PM Yes, I think we all know that the style of play needs to be different, my live tourneys are at least 30 min clock, where as online it is 15 min clock. Also people cannot be pushed off hands online like they can live. But by the same token you see about 5 times more hands in an hour online than you do in a live tourney - and you'll be surprised at the number of people who dont realize there is a difference between the two and like you say - there are some that do but then dont put what they know into practice...... Title: Re: According to Paradise 8% of their poker players are winners Post by: M3boy on October 18, 2005, 04:53:32 PM Oh yeah you can get good profit just from the extra expenses. How on earth did you get a £50 flight!?!?!? Took a bit of searching, but what made it worse is that AFTER booking it, I saw ryan air doing a similar return flight for £39 (Inc taxes etc..) FFS Not that I'm tight or anything!!!!!!! lol Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 04:57:29 PM lol i was thinking Reno, never mind.
Title: Re: According to Paradise 8% of their poker players are winners Post by: M3boy on October 18, 2005, 05:03:16 PM lol i was thinking Reno, never mind. Reno?!?!?! WISHES!!!!!!!!!!!!!!!!!!!!!! lol Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 05:06:34 PM lol i just booked a flight to Vegas and though FFS if he got to Reno for £50 and i spent £470!
Title: Re: According to Paradise 8% of their poker players are winners Post by: M3boy on October 18, 2005, 05:14:35 PM lol i just booked a flight to Vegas and though FFS if he got to Reno for £50 and i spent £470! £470?????????????????????????????? I wont tell you what my flights to Reno cost then ;D Title: Re: According to Paradise 8% of their poker players are winners Post by: Royal Flush on October 18, 2005, 05:24:09 PM Yeah but i am travelign with people who booked Virgin Direct so decided to join em.
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