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CLP Podcast No.77: Identifying and plugging leaks

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Comments

  • Reece Posts: 90Subscriber
    You mentioned something about the amount of hours you played at $5-$5 is that lifetime or just that particular casino? And how many hours was it?
  • KingLotus Posts: 7Member
    Great Podcast Dave. I'm in a similar situation, I play pro/semi-pro and I have a fiance with 2 boys. My fiance is very supportive of me playing poker and actually prefers it because of the freedom. She is however a huge nit and stresses easily when it comes to money. She is very good with managing money though which is one of the many things I love about her. Basically, I dont think she can handle the swings in poker so what I do is I try to soften the blow when I book a losing session and also limit the highs when I book a winning session. What I do is, for example, I lose 300, I would tell her I lost 100, and vice versa when I win. I kinda feel bad that I have to lie to her. Should I just tell her the real results? I'm afraid the stress would have a negative impact on our relationship. And also, do you get to spend quality time with your fiance? We find it hard to find time since she works during the day and I go play when she gets home.. Any tips/advice? Thanks in advance!
  • CalgaryPokerGuy Posts: 342Subscriber
    Great podcast Dave. I've listened to Bart for years, and he has offered plenty of great information. You give a fresh point of view and I really enjoy the different angles you look at as you logically break down a hand. Hopefully you can do more frequent podcasts.

    Maybe one on PLO? I've just been breaking into live $5/5 PLO and I'm starting to feel comfortable, but I know there is a LOT to learn. Maybe leaks that you've plugged in that transition would be useful. Thanks again for great info!

    Pete.
  • DavidTuchman Posts: 789Pro
    Hey CalgaryPokerGuy,

    Thanks for the kind words...While Bart and I talk a ton of poker and share many of the samE ideas, we do have different ways of looking at things. I think it helps us both.

    as for PLO, i'm not there yet...I've only been playing since Limon started hosting the game at the BIke and as I'm sure he can attest to, I'm not very good yet.

    - Tuck
  • DavidTuchman Posts: 789Pro
    Hey KingLotus,

    I'm not a fan of lying....it's not something that works for me.

    The best I can advise is what I said on the podcast. Treat your poker playing like a business...explain this to your fiance. Also, explain to her that it's taken you years to be able to understand and deal with the variance that is the reality of poker and that to expect her to deal with it in a rational manner would be naive of you.

    To me, honesty is always the better way to deal with someone you love and want to spend the rest of your life with.

    I'd imagine if you sat her down and explained how poker works to her, she'd be appreciative. Tell her you make .....xxxxx per hour and that the daily ups and downs are irrelevant. Tell her that even thinking about them distracts you from the bigger picture. That it isn't about individual sessions...it's all "one long session" ... It'll be hard for her to understand. Remember, she's not a poker player. I do think it'll help you poker game and your relationship if you're honest.

    Just my 2 cents.

    - Tuck
  • DavidTuchman Posts: 789Pro
    Hey Reece,

    Over the last 3 years, I've put in about 2200 live hours at 5/5 (up to $1000 buy-in)
  • DavidTuchman Posts: 789Pro
    Terp,

    so true!!!!

    Giving away $300 or not getting $200 of value when you win $1500 is just as bad a leak as doing it when you lose $1000.
  • DavidTuchman Posts: 789Pro
    Hyena89,

    Keeping the amateurs happy, doing things to get action, keeping the game light....all extremely important.

    Nothing is ever in a vacuum. Are there spots where I'd take the worst of it? sure...

    I think that part of the game is often overlooked by the new young internet grinders and it's a mistake. I think keeping the game fun, giving the fish action, being conversational are all important attributes to having a long successful career at the felt.

    I'm happy to take neutral EV spots that make me look like a gambling fool or neutral EV spots that make me look like an action guy. It gets me so much action going forward. I'm less inclined to take action in negative EV spots unless I think I'll benefit from it.

    Now, adjusting and adapting based on my image is a completely different subject. Frankly, if you're not doing that, you're losing value.

    - Tuck

  • DavidTuchman Posts: 789Pro
    Hey Reece,

    As always, the answer to your question is it depends...

    Generally speaking, I'm not a fan of limping in from upfront and then calling raises...I'm playing a less than premium hand from out of position and I don't have the betting lead. It's just going to be very hard for me to make a lot of money with those kinds of hands from out of position.

    I'm fine with limping in if the game is passive and you're likely to see a flop for the limped in price. I'm also fine with raising depending on the game and your image.

    Small pairs are easy to play from upfront...ATs not so much.

    Hope that helps...

    - Tuck
  • DavidTuchman Posts: 789Pro
    JamesSuh,

    Brian Rast article on Poker/relationships is in American Poker Player.

    You can sign up for a free subscription here and get it instantly:

    If you want a free 3 month subscription then we have set up the following system:

    Click here: http://pocketmags.com/offers/poker/
    Use voucher code: APPFREE1

    Then follow the instructions

    Once registered, this free issue will automatically work on your smart phone or tablet as long as you've downloaded the free American PokerPlayer app beforehand
  • DavidTuchman Posts: 789Pro
    AGB,

    Well said! So true.

    The second you think you're done learning, you get knocked on your ass...

    Jason Koon said this to me and it's so true..."If you didn't think you sucked 6 months ago, you're not working hard enough"

  • fishcake Posts: 1,002Subscriber
    Thanks for taking the time to do these podcasts, videos and even answering questions on here, David. Your poker perspective is very interesting and informative.
  • DavidTuchman Posts: 789Pro
    Hyena89,

    I will say...

    If I'm being forced to make a decision and it's close...I'll always choose to gamble. Long term, image-wise, it's a huge + EV play
  • CalgaryPokerGuy Posts: 342Subscriber
    DavidTuchman said:
    as for PLO, i'm not there yet...I've only been playing since Limon started hosting the game at the BIke and as I'm sure he can attest to, I'm not very good yet.
    If you could post some interesting hands in the Omaha Strategy forum for discussion, that would be fantastic as that section is currently on life-support and I think people can benefit SO much from PLO in terms of a much higher earning potential. The game plays bigger, the swings are bigger, but many more players make critical mistakes in big pots giving us a higher hourly.

    And if you can think of any leaks that you've plugged during your recent PLO transition, feel free to post them too. Thanks again for doing all of this guys!

    Pete.
  • Buckner86 Posts: 5Member
    edited June 2014
    KingLotus said:
    Great Podcast Dave. I'm in a similar situation, I play pro/semi-pro and I have a fiance with 2 boys. My fiance is very supportive of me playing poker and actually prefers it because of the freedom. She is however a huge nit and stresses easily when it comes to money. She is very good with managing money though which is one of the many things I love about her. Basically, I dont think she can handle the swings in poker so what I do is I try to soften the blow when I book a losing session and also limit the highs when I book a winning session. What I do is, for example, I lose 300, I would tell her I lost 100, and vice versa when I win. I kinda feel bad that I have to lie to her. Should I just tell her the real results? I'm afraid the stress would have a negative impact on our relationship. And also, do you get to spend quality time with your fiance? We find it hard to find time since she works during the day and I go play when she gets home.. Any tips/advice? Thanks in advance!
    I heard an interview with Doyle one time where he said he always told his wife he either won a little or lost a little after each session. I do the same thing with my wife & it seems to work. Just one idea you can try out.
  • LVH Posts: 171Member
    edited June 2014
    Late, but one thing I know for sure is to keep your partner pretty much in the dark on daily swings. I go the Doyle route and just say I won or lost a little (Actually, I first heard of this approach from Daniel N, but it was with his mom). It's not really a lie, that's just how life works. On some level she understands what you are doing and it's fine because it spares both of you a lot of negativity. My wife is very intelligent, so I doubt she really believes that my big winning and losing sessions just magically stopped one day.

    The additional point I'd make is that it's hard enough to process these swings yourself. For most of us this takes work on a general mental approach, but also on a daily basis at times. You need to be able to go home and let it go. It's just too much to have to needlessly walk someone else through that difficult process when they are prone to overreaction and worry. In other words, you're going to have to hear someone express all of the thoughts you work so hard to keep out of your head. From "oh my god, we're going to be rich!" to "if this keeps up, you're going to lose everything." At the exact time when what you should be thinking is "well, that's over. I'm going to immerse myself in something dumb like fantasy football for a while and start fresh tomorrow." This can only be negative for your game. Say, even two our three times a year, you prolong a bad session because you don't want to deal with negativity and drama when you get home. That's a significant problem that hurts you both.
  • floppedawheel Posts: 1,063Subscriber
    very good point.
  • Chester Drafman Posts: 36Subscriber
    edited December 2014
    There is an aspect of playing poker for a living regarding security I think is often overlooked. Just because someone has a nine to five job doesn't mean they have job security. You can't get fired or laid off as a poker player and you can from a regular job. As long as you maintain an adequate bankroll you can continue to play poker. And as an aside, I think many people would be better off with a part time job as well as a poker career.
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