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Can't believe pitr came back and Sheldon Adelson instantly dies, we should have done this a long time ago
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Jan 12, 2021 21:12
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Baddog posted:For the longest time I believed there was no edge at all unless you had inside info. Starting to think that options markets are slow to fully react, especially in less liquid equities. And people overvalue risk reduction. We know that's human nature from playing so much poker, seems like it might be relevant in derivatives as well. My sample size is way too small of course. The biggest problem for small-time trading imo is that you need massive amounts of capital to make it worth your time. If you were able to consistently make 20% a year you'd be the best trader to ever live, and you'd only make 100k/yr with a 500k bankroll. Also, for what it's worth I trade commodities and I think a big part of the reason there's an edge is that there are market participants like utilities who have to make -EV trades for size because of regulatory requirements. If you're trading options I think you're mostly banking on retail traders getting themselves worked up enough to distort the market.
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Jan 12, 2021 21:14
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Leperflesh posted:Since this is the old forum re-opened, anyone with archives can review those old threads from when this forum was closed. Just set the date at the bottom right of your screen to 2012. A few of those threads were moved to TG (and died there) but most of them remain in place. Hey there, I'm one of the admins that was part of all that and kinda grabbed poo poo by the tail once we decided to repopen it (as Leper is well aware of, this is addressed to all of you in general not him obviously) and this is pretty much spot on. Also all of you who are happy this place is back again should give Leperfish a big thanks and a slap on the back because he's 100% the reason this ball got rolling and was your biggest advocate from day one once he gave it that push. I kind of took over on the admin side but this was his project from jump and forumID 139 would still be a sad, empty, abandoned ghost town along with all the forgotten RSFs if it wasn't for him.
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Jan 12, 2021 21:55
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shame on an IGA posted:The CSPAM Predictit thread should be moved here immediately That sounds like a very quick way to make this a lot less fun.
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Jan 12, 2021 22:17
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Cyrano4747 posted:Hey there, I'm one of the admins that was part of all that and kinda grabbed poo poo by the tail once we decided to repopen it (as Leper is well aware of, this is addressed to all of you in general not him obviously) and this is pretty much spot on. Absolutely, I'm honestly stunned anyone gave enough of a poo poo about us to reach out to be honest
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Jan 12, 2021 23:30
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Acerbatus posted:That sounds like a very quick way to make this a lot less fun. i think a new one just for pitr is a nicer fit for all.
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Jan 13, 2021 01:54
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Holy poo poo this forum's back. I haven't played poker in probably at least 5 years and then it was just jumping through hoops to put a little bit of money on some random site for old times' sake. I got pretty into video game randomizers because by their nature they let me scratch that gambling itch even though no money is on the line. While I feel like I could probably do a really in-depth write up about decision making processes and competitive metas I don't personally feel that it would be a good fit for this forum. Just thought it was cool to see this here, wanted to say hi.
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Jan 13, 2021 03:00
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Scotsman posted:I like the idea of re-introductions. Good to see you still hanging around buddy! I'd be interested in a general sports betting FAQ type post, still a bit of a mystery to me (ie what data are you using, how much weight do you give certain data points, is it more about arbitrages between different books etc...)
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Jan 13, 2021 03:06
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Thank you, leperfish!
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Jan 13, 2021 03:10
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Where does Fatasy Sports fall with this subforum? Will that still live in the Armchair Quarterback subforum or here?
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Jan 13, 2021 07:21
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I miss SASS Goofing around in small stakes tournaments with weird sidebets and especially the $1 rebuy. Looked through archives, and it`s been 12 years since I played in that, jesus, time flies.
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Jan 13, 2021 07:27
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Cyrano4747 posted:Hey there, I'm one of the admins that was part of all that and kinda grabbed poo poo by the tail once we decided to repopen it (as Leper is well aware of, this is addressed to all of you in general not him obviously) and this is pretty much spot on. Aww. Thanks, Cy.  I was never a hardcore PitR regular and I've never played for money outside a couple of home games; but I was really interested, read some books, watched poker on TV, and I thought the folks in PitR back in the day were very cool people to hang out with and chat about poker and poo poo. I'm glad I got to be part of restoring it. I don't wanna let you overstate it though; as soon as I posted "hey can we re-open PitR maybe?" in the mod forum, there was an immediate and positive response. This is a really good admin and mod crew and I don't recall anyone being against it really. From Jefferey, yourself & the other admins, positive notes and suggestions from other mods, and the willingness of several PitR people to step up and be IKs and mods of a new forum, this was a team effort and I'm proud of all of us for making it happen.
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Jan 13, 2021 07:55
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Thank you, leapingfishsticks! Nice to see the place back. I never got good at poker but I sure spent a lot of time reading the resources you guys created, enough to beat micro SnGs fairly consistently. Maugrim fucked around with this message at 09:33 on Jan 13, 2021 |
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Jan 13, 2021 09:31
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Leperflesh posted:Aww. Thanks, Cy. Yeah that's awesome, a certain domestic abuser started a thread called "What do you guys want from the forums" after that big donation drive and I asked about bringing this forum back and was completely ignored 
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Jan 13, 2021 09:52
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I miss the poker sweats with jcarver and the other monsters from SA. Any good poker streams nowadays?
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Jan 13, 2021 17:52
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Looten Plunder posted:Where does Fatasy Sports fall with this subforum? Will that still live in the Armchair Quarterback subforum or here? I don’t want to speak for either forum but my guess would be both. Different communities end up with different focuses on the same topic end it’s possible to have two threads. For example: both TGR and TGO have hunting threads. One skews a little more “gun people who use some of their guns to hunt” and the other skews a little more “outdoorsy types who do some hunting while they’re out and about.”
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Jan 13, 2021 20:31
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Fozzy The Bear posted:I miss the poker sweats with jcarver and the other monsters from SA. Any good poker streams nowadays? Tonkaaaa was runner up for best streams, but he no longer does, unfortunately. Steamers I watch now are Lex https://www.twitch.tv/lexveldhuis and Matt Staples https://www.twitch.tv/mattstaples
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Jan 13, 2021 21:04
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Fozzy The Bear posted:I miss the poker sweats with jcarver and the other monsters from SA. Any good poker streams nowadays? jcarver has his youtube channel, Run it up TV, some of which is just mirrored from his twitch channel, Run it Up. Worth a watch. Or rather, a marathon, there's a shitload on there. It's been 5 months since he put any new vids up on youtube though and longer for twitch so I don't know what's going on there. It'd be cool if he decided to drop by and say hi, anyone in touch?
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Jan 13, 2021 21:18
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Harminoff posted:
I like both of these guys, and they both have large amounts of videos on youtube. I also like Matt's brother, Jamie Staples (don't have the link as I am posting on my phone). He's not nearly as good a player as his brother (or lex), but I do like his streams. Also, sorry leperflesh, I read your name wrong earlier. Thanks again for getting the ball rolling on bringing back pitr.
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Jan 13, 2021 21:35
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I answer to Leperfish too. Look at that guy on my av's shoulder, isn't he a fella? Just figure all my posts are composed by either or both of those cheerful dudes.
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Jan 13, 2021 21:42
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Leperflesh posted:jcarver has his youtube channel, Run it up TV, some of which is just mirrored from his twitch channel, Run it Up. Worth a watch. Or rather, a marathon, there's a shitload on there. It's been 5 months since he put any new vids up on youtube though and longer for twitch so I don't know what's going on there. It'd be cool if he decided to drop by and say hi, anyone in touch? yeah I'm on his riu discord and mentioned it, he said cool but hasn't touched a forum of any kind in a decade so I would probably not be too optimistic.
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Jan 14, 2021 00:48
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Xyven posted:The biggest problem for small-time trading imo is that you need massive amounts of capital to make it worth your time. If you were able to consistently make 20% a year you'd be the best trader to ever live, and you'd only make 100k/yr with a 500k bankroll. I actively trade equities and there is potential to make money consistently, the chatter that you can't day/swing trade profitably is not true at all even if you only have the pattern day trade amount minimum in the US for intraday trading. It's just crazy loving hard. The learning curve and emotional/dollar swings make poker look like tee ball vs the majors, at least in my experience. I'm new to the game and have been profitable and found what works (I didnt buy the March dip and hold, I would be better off or more delusional about my skills if I did) but still get my rear end kicked learning new timeframes/strategies/etc. Whatever you do START SMALL. There's no way to know what's coming for you trading until you're in the churn having the market eat your lunch. Also after months of day trading poker will move at a glacial pace, which is kind of nice for decision making Xyven is right on the retail side working themselves up, you're doing a lot of watching for trends and inflection points for, often times, the stupidest possible chain of events to occur (see KODK last summer on gov loan news or UONE/UONEK during black business week). The moment you get sucked in to the crowd versus operating independent to move in and out you're in a bad way maffew buildings fucked around with this message at 17:48 on Jan 14, 2021 |
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Jan 14, 2021 17:14
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So why did this forum get shut down in the first place? If that's not stirring up old drama.
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Jan 14, 2021 20:20
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Maxwell Lord posted:So why did this forum get shut down in the first place? If that's not stirring up old drama. it started to die after black friday and eventually they decided it was Very Important for there to be more room in the forums or some poo poo
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Jan 14, 2021 22:21
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Maxwell Lord posted:So why did this forum get shut down in the first place? If that's not stirring up old drama. Leperflesh posted:Since this is the old forum re-opened, anyone with archives can review those old threads from when this forum was closed. Just set the date at the bottom right of your screen to 2012. A few of those threads were moved to TG (and died there) but most of them remain in place.
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Jan 14, 2021 22:33
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someone apparently posted death threats against the river
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Jan 15, 2021 03:04
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whatever happened to psyduck
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Jan 15, 2021 03:14
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JOHN CENA posted:whatever happened to psyduck no joke, he won so much money that he became like a VC and scrubbed all mention of poker from his wikipedia entry lol i don't know how much exactly he won but it's a shitload he also stakes a ton of people at tournaments, or did, I dunno if he still does. I used to joke with people that he put so many people in the WSOP that you have to ask his permission before you knock anyone out. he is pretty much a poker tall tale at this point
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Jan 15, 2021 03:16
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Lol at the bans handed out in the archived closure thread. Banned for saying gently caress da mods
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Jan 15, 2021 03:32
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Stefan Prodan posted:no joke, he won so much money that he became like a VC and scrubbed all mention of poker from his wikipedia entry lol If I remember right, he once got so poo poo faced at the WSOP or a WPT stop that he blurted out "am I going to die?" There were photos and everything on 2+2 and he had them all magically erased.
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Jan 15, 2021 04:58
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Holy gently caress, I can't believe this place is back. My life was changed once I read "Jared Castellaw's Treatise on No Limit Texas Hold 'Em". I honestly miss the old GSOP, Spicebox, MIRC, and the online sweats.
atarirob fucked around with this message at 05:05 on Jan 15, 2021 |
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Jan 15, 2021 05:00
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Leperflesh posted:jcarver has his youtube channel, Run it up TV, some of which is just mirrored from his twitch channel, Run it Up. Worth a watch. Or rather, a marathon, there's a shitload on there. It's been 5 months since he put any new vids up on youtube though and longer for twitch so I don't know what's going on there. It'd be cool if he decided to drop by and say hi, anyone in touch? If I remember right he pretty much left poker in the last year or two and became a sports betting guru, which is funny because I remember him hating sports. What ever became of Pumpy Tudors?
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Jan 15, 2021 05:10
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atarirob posted:If I remember right he pretty much left poker in the last year or two and became a sports betting guru, which is funny because I remember him hating sports. What ever became of Pumpy Tudors? he streams geoguessr and board games on twitch.tv/pumpytudors
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Jan 15, 2021 05:14
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atarirob posted:Holy gently caress, I can't believe this place is back. My life was changed once I read "Jared Castellaw's Treatise on No Limit Texas Hold 'Em". I honestly miss the old GSOP, Spicebox, MIRC, and the online sweats. yeah I hope people are actually interested enough in poker to still want to learn, I will help as many people as I can in the NL cash thread, but I dunno how many takers we're gonna get
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Jan 15, 2021 05:18
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I can't say I don't miss being able to play poker and donate money to random GSOPs. After black friday it became ridiculously difficult to put money in any sites and once you did the competition wasn't nearly as soft since the only people willing to put in the effort were the people who had half a clue on how to play. I'd imagine overall the competition's probably alot tougher nowadays since the poker boom's died out. Probably good for my wallet since I was really only good enough to beat absolutely clueless people. Does anyone play from any of the states that have legalized online poker, but quarantined from the rest of the world? How active/soft is the online poker there when compared to the rest of the world?
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Jan 15, 2021 17:47
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Global was almost pre black friday soft when they took paypal and advertised all over facebook. Lot's of terrible players. They stopped using Paypal though a couple of years ago and it's been downhill since.
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Jan 15, 2021 18:05
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Hello PITR. I essentially stopped playing to become a professional computer toucher. I suspect I'm not the only one.
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Jan 15, 2021 18:10
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What up friendos.
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Jan 15, 2021 20:30
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The admin thread at the top of all the forums announcing the return of PITR still shows the old name. You think that would have been the first thing changed since it was causing so much concern to people who weren't actually offended by the name. (USER WAS PUT ON PROBATION FOR THIS POST)
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Jan 15, 2021 22:46
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Eratik posted:Hello PITR. I essentially stopped playing to become a professional computer toucher. I suspect I'm not the only one. I'm a professional computer toucher toucher now
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