Comments on: All-in with my Poker Expectancy http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Trading Goddess http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/comment-page-1/#comment-13 Trading Goddess Thu, 14 Dec 2006 21:59:07 +0000 http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/#comment-13 Sorry about the misspelling...without a name tag on, I get all confused. LOL! Sorry about the misspelling…without a name tag on, I get all confused. LOL!

]]> By: Trading Goddess http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/comment-page-1/#comment-12 Trading Goddess Thu, 14 Dec 2006 21:12:30 +0000 http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/#comment-12 Chirs, Thanks for entering the contest. I thought I'd let you know the <a href="http://tradinggoddess.blogspot.com/2006/12/vsea-sf-49er-contest-winner.html" rel="nofollow">results</a>. Happy trading! Chirs,

Thanks for entering the contest. I thought I’d let you know the results. Happy trading!

]]> By: piranha http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/comment-page-1/#comment-11 piranha Thu, 14 Dec 2006 01:27:58 +0000 http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/#comment-11 Rodney, Yes, a sit-and-go game takes anywhere from 40 minutes to one hour and ten minutes (rare games can take 90 minutes). It does look like a waste of time when you look at $6.57 per hour but this is a hobby of mine. Most hobbies take money out of people’s pocket. I don’t do it for money. I do it for enjoyment – to relax at the end of a long day or to kill time on a slow rainy weekend. Golf is another hobby of mine but I don’t make $6 per hour (expensive courses can cost me up to 10x’s my poker winnings per hour). The idea of the post was to calculate a true expectancy using poker as the example. Rodney,
Yes, a sit-and-go game takes anywhere from 40 minutes to one hour and ten minutes (rare games can take 90 minutes). It does look like a waste of time when you look at $6.57 per hour but this is a hobby of mine. Most hobbies take money out of people’s pocket. I don’t do it for money. I do it for enjoyment – to relax at the end of a long day or to kill time on a slow rainy weekend. Golf is another hobby of mine but I don’t make $6 per hour (expensive courses can cost me up to 10x’s my poker winnings per hour).

The idea of the post was to calculate a true expectancy using poker as the example.

]]> By: Rodney http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/comment-page-1/#comment-10 Rodney Wed, 13 Dec 2006 21:00:39 +0000 http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/#comment-10 How long are these tournaments? Most that I have played in take a few hours. Assuming 1 hour tournament length, you are making $6/hour. Personally, I can think of better things to do with my time. But if it's just for fun... How long are these tournaments? Most that I have played in take a few hours. Assuming 1 hour tournament length, you are making $6/hour. Personally, I can think of better things to do with my time. But if it’s just for fun…

]]> By: piranha http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/comment-page-1/#comment-9 piranha Wed, 13 Dec 2006 16:01:46 +0000 http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/#comment-9 Mike, You may be misunderstanding me. I play sit and go games (9 people per table per game). Not tournaments – I rarely ever play in tournaments because of the low odds of winning. I have a 33% chance of placing “in the money” in sit and go games because 3 of every nine people make the money. Don’t believe it if you don’t want – why would I lie about such small $10 games with a total profit of about $1,000 in 12 months. That’s about $85 per month. Now that would be stupid of me to kill my credibility! Mike,
You may be misunderstanding me. I play sit and go games (9 people per table per game). Not tournaments – I rarely ever play in tournaments because of the low odds of winning.

I have a 33% chance of placing “in the money” in sit and go games because 3 of every nine people make the money. Don’t believe it if you don’t want – why would I lie about such small $10 games with a total profit of about $1,000 in 12 months. That’s about $85 per month. Now that would be stupid of me to kill my credibility!

]]> By: Mike http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/comment-page-1/#comment-8 Mike Wed, 13 Dec 2006 05:33:43 +0000 http://www.chrisperruna.com/2006/12/12/all-in-with-my-poker-expectancy/#comment-8 Hello - are you telling us that you finished 3rd or higher in 124 out of 174 $10 buy-in tournaments? I'm sorry - I am either misunderstanding or finding it very hard to believe that. Thanks ... Hello – are you telling us that you finished 3rd or higher in 124 out of 174 $10 buy-in tournaments?

I’m sorry – I am either misunderstanding or finding it very hard to believe that. Thanks …

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