The Best Poker Strategy Advice From The Art of War

This article was written by blackrain79.com contributor Fran Ferlan.

“Poker is war. People pretend it is a game.” – Doyle Brunson

With more than half a century of poker experience, Texas Dolly sure knows what
he is talking about. Poker is war, albeit of a more civilized sort.

And war, war never changes. So why not learn the lessons from the most famous
war manual that has stood the test of time and apply them on the felt?

The Art of War
is an ancient Chinese military tractate written close to two and a half
millennia ago, and is traditionally credited to a military strategist known as
Sun Tzu. 

It has been studied to this day not just by the military, but by many
businessmen, athletes, politicians and so on.

 

Its timeless lessons are useful and applicable wherever there is conflict. And
if you’re dealing with people in any endeavour, there will always be conflict.

So let’s look at those lessons and see if we can take them to the felt to
crush any and all opposition, be it external or internal.

1. Know Your Edge

“If you know the enemy and know yourself, you need not fear the result of a
hundred battles. If you know yourself but not the enemy, for every victory
gained you will also suffer a defeat. If you know neither the enemy nor
yourself, you will succumb in every battle.” – Sun Tzu

What makes poker profitable? The fact that everyone thinks they know how to
play. And it’s true. Poker is an incredibly simple game to learn, but
incredibly difficult to master. 

Most people never go past the surface level understanding of the game. In
fact, most people don’t really understand it’s a skill game in the first
place. It’s a card game after all, so how could it possibly be about anything
other than luck?

So those that know that it’s all about skill in the long run are the only ones
that are actually able to make money. That’s why there are professional poker
players, yet there are no professional blackjack or bingo players. 

Poker is all about awareness. To quote the great
Daniel Negreanu, you have to understand that everything you do at the poker table conveys
information. 

If you are aware of your own strengths and weaknesses, you have a huge leg up
on the competition, but that’s only one piece of the puzzle. Knowing the rules
and the winning strategy in theory will only get you so far.

This is something that Nathan “BlackRain79″ Williams actually specifically discusses in his latest video:

The key point here though is, if you’ve mastered the fundamentals, the next
step is understanding the opponents you’re up against. 

Are they a fish or a regular? Are they too loose/tight, too
passive/aggressive? What are their weaknesses, and how can I exploit
them? 

What is the best strategy to use against them individually, as well as against
the table as a whole? How do they perceive me, and how can I use it to my
advantage? 

One wonderful thing about poker is that the more you immerse yourself in it,
the more you recognize how deeply complex the game is. 

The more you learn, the more you realize how much you actually don’t know.
This is the paradox of knowledge. 

Think about the time you only started playing poker. How did you make your
decisions? How many factors did you take into consideration? I’m guessing very
few.

Then you started learning about playing in position, pot odds and implied
odds, outs and equity, board textures, stack-to-pot ratio, bet sizing, hand
ranges and so on and so forth. And these are just the basics. 

Today you’re taking all of this information in account and then some, often
not even realizing it consciously. 

Now consider your average fish. How many variables do they take into account
when making their decisions? Hopefully, far less than you. And this is where
your edge lies.

Your winnings are the sum total of all your edges played out over a huge
sample size. 

So if you know yourself and you know your opponents, and can recognize your
skill edge over them, you need not fear the result of a hundred
coinflips. 

2. Adapt to Your Surroundings to Stay Ahead

“Water shapes its course according to the nature of the ground over which
it flows; the soldier works out his victory in relation to the foe whom he
is facing.” – Sun Tzu

What is the best poker winning strategy? Tight and aggressive? Loose and
aggressive? Something else entirely?

It’s none of those things, and all of those things at the same time. 

There are simply way too many variables to consider at any given hand, so
there is no one-size-fits all strategy for every situation.

The best strategy is therefore one of adaptability. You will never play the
same poker hand twice. What works on one table, won’t work on another.

So in order to stay ahead, you need to constantly adapt to your surroundings.
And if you adapt successfully, your more cognizant opponents might adapt to
your adaptation and so on. 

There’s no such thing as standing still. 

That’s what makes poker such an incredibly dynamic game, so it’s your job to
always stay one step ahead of the competition. 

The biggest winners in the game aren’t those who play perfectly balanced
ranges at all times and are utterly unexploitable, but the ones that are
perfectly adaptable in relation to their opponents. 

They recognize their individual strengths and weaknesses, and use them to
maximize their profit. 

Now, that’s not to say that there will be situations where the best tactic
will in fact be to have perfectly balanced ranges at all times, but that’s
also being adaptable in relation to your opponents. 

You have to remember, however, that you are in fact playing against living,
breathing humans. Nobody plays perfectly 100% of the time, and everybody has
leaks in their game. 

Some less than others, but they still have them. You just have to dig a bit
deeper to find them. 

Improvise, adapt, overcome.
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3. Make No Mistakes And You Will Win

“He wins the battle by making no mistakes. Making no mistakes is what
establishes the certainty of victory, for it means conquering an enemy that
is already defeated.” – Sun Tzu 

Here is a thought to have at the forefront of your mind every time you sit
down at the table: Most of the money you win won’t be the direct result of
your superior skills, but of the inadequacies of your opponents. 

When playing poker, your goal should not be to outplay your opponents. That’s
fighting a losing battle. You should let them try to outplay you.

The secret to winning in poker is actually very simple: don’t make any
mistakes. It’s easier said than done, of course, but there really is nothing
more to it. 

But how can you get to the point of not making any mistakes? Well, that’s
simple, too. By making a lot of mistakes. 

I think the great Danish physicist Niels Bohr put it best: “An expert is a person who has made all the
mistakes that can be made in a very narrow field.”

The trick is to actually learn from your mistakes. Let’s face it, we all make
all kinds of asinine plays from time to time. Some more than others. 

And we’re often flabbergasted with our own idiocy. 

How many times have you said to yourself something along the lines of: How the
hell could I have been so stupid? Or: I knew he had it, why the f!@# did I
call him down? 

It’s normal to be critical of yourself in those kinds of situations. 

You have a feeling that you should have known better by now. But it’s all a
part of the learning process. If you know you made a mistake, that’s a lot
better than not knowing you’ve made one.

It takes a great deal of repetition and deliberate practice to get to the
point of just knowing what to do effortlessly. It takes a lot longer than many
people realize. 

Knowledge is difficult. And the learning curve is not a straight line. It’s
more of a zig-zaggy, one step forward, two steps back kind of line. 

So if you make a mistake, it simply means that your skill is not so far ahead
on the learning curve you assumed, and you haven’t really mastered it yet, but
that’s ok. You are getting closer one mistake at a time. 

As long as you learn from the experience, it’s not really a mistake, but a
learning opportunity. 

If you never ever make any mistakes, it doesn’t necessarily mean you’ve
mastered something. It’s more likely that you’re just not improving and
challenging yourself. And that’s a mistake in and of itself. 

4. Pick Your Battles

“The wise warrior avoids the battle.” – Sun Tzu

This one may seem counterintuitive at a first glance, but if you think about
it, it makes a lot of sense. Winning poker is not only about winning huge
pots, but also about losing as little as necessary.

The sum total of the two determine your long term profitability, and both are
equally important.

Beginner poker players often don’t realize this, and that’s why they play way
more hands than they should. After all, how could you hope to win if you don’t
play? 

They think that folding is weak, so they play too many hands, and stay in the
hand longer than they should. Just play all the hands, you can’t miss them
all, right? 

Of course, as any decent player knows, playing too many hands in poker is just
about one of the worst things you can do. 

In fact, as
Pareto principle
would suggest, about 80% of all your winnings will come from only the top 20%
of hands. 

Winning poker is about picking your spots, not just hoping to smash the flop,
because mathematically speaking, you’ll miss far more often than not. And you
can’t outrun math.

When the odds are against you, you should do everything you can to hedge your
bets, instead of throwing your money in with a mathematical disadvantage. If
you do that, you might as well go play the lottery. 

You should also consider the opponents you’re up against, as mentioned
previously. If you’re up against decent, thinking players, sometimes the best
play is not to play at all. 

If you don’t expect them to make a lot of mistakes, and you don’t make any
mistakes, you’re basically just trading the money back and forth, while the
house takes their cut. 

You should always get involved with some kind of edge, be it better cards,
position, or superior skill (hopefully all three). If none of the factors are
working in your favour, wait for a better spot.

So next time you are dealt a marginal hand out of position in a multiway pot,
for example, stop and consider is it profitable to get involved, and do the
potential benefits outweigh the risks. 

Are you putting yourself in a profitable situation, or will you just throw
money away most of the time? 

Pick your spots, pick your battles, and the rest will take care of itself.

5. Don’t Be Afraid to Mix it Up

“In battle, there are not more than two methods of attack – the direct and
the indirect; yet these two in combination give rise to an endless series of
maneuvers.” – Sun Tzu

There are two lines you can take in every spot you play, aggressive lines like
betting, raising, and reraising, and passive lines like checking, calling and
folding. 

But the number of combinations you can take throughout the hand are
immeasurable. You should be aware of them at all times, and try to take the
most profitable line in every spot. 

This can only be done if you look at the bigger picture. You shouldn’t just
choose what to do on one street, but consider the future streets as well.
Then, and only then can you make the most +EV decisions. 

The players that consider more options give themselves more ways to win. If
you are only calling or folding, you can’t expect to be a winning player.
Think of it this way, would you rather have two bullets in a gunfight, or
six? 

The more lines you can think of and pull off, the harder you’ll be to play
against. If you’re doing the same things over and over, you’re going to become
predictable very soon. 

Even if your strategy is winning you money for some time, your opponents might
adjust and start exploiting you. You have to be willing to mix it up here and
there.

If you are mostly c-betting the flop for value, for example, you might want to
try an occasional check-raise, or a delayed c-bet instead. 

If you fold a lot from the big blind, you can 3-bet light against steal
attempts from time to time. There’s no such thing as a standard play. Playing ABC poker can only get you
so far as BlackRain79 discusses in this video:Keep expanding your knowledge, and don’t be afraid to try something
unconventional every so often. 

Give yourself the permission to try something creative. When you get the
fundamentals down you have to keep pushing the envelope. There is room for
creativity in poker. 

There are possibilities for those who are willing to search for them. You
probably won’t discover some groundbreaking new strategy, but that’s not the
goal. 

The goal is to start seeing the opportunities you might have missed before. If
nothing else, you’ll make yourself a more difficult adversary, and that’s not
to be underestimated. 

6. Be the One to Dictate the Tempo

“The clever combatant imposes his will on the enemy, but does not allow the
enemy’s will to be imposed on him.” – Sun Tzu

This one is all about thinking proactively instead of reactively. 

When you play reactively, you’re not really in control of the outcome. And
since we can’t always control the outcome when playing poker, it doesn’t
really make sense to relinquish the control we do have.

Players who play passively are at the mercy of the pace their opponents
dictate. If you just check or call most of the time, you let your opponents
dictate the price of the hand. 

They basically say: if you want to get involved, this is how much it will cost
you. You become their customer, instead of the other way around.

Now, that’s not to say that you should be betting and raising every chance you
get and try to bulldoze your way to victory. While it may work in the short
term, it’s hardly an optimal strategy. 

It’s antithetical to the previous tips about biding your time and picking your
battles. 

If you respond to aggression to mindless aggression of your own, you are still
reacting to your opponents and let them set the pace.

So how do you play proactively? By not merely playing every spot in a vacuum
and responding to your opponent’s action street by street, but by looking
ahead and considering all the possible outcomes.

For example, you call a flop c-bet just because and then fold to a double
barrel on the turn. 

The proactive approach would be to first consider all the previous action and
available info, try to estimate their range, ask what would happen if I call
or raise, what kind of action do I expect on future streets, which turn cards
would help me and which would favour their range and so on. 

7. Preparation is Half the Battle

“Victorious warriors win first and then go to war, while defeated warriors
go to war first and then seek to win.” – Sun Tzu

Consistently winning poker players set themselves up to succeed even before
they even sit down to play. This is going to be a little long-winded, but bear
with me on this one. 

Consider an elite athlete for a second. What do they do prior to the big
game? 

Are they partying non-stop, living it up, and then just show up and sweep the
competition thanks to their godlike abilities and innate talent? 

Or are they working their ass off in the gym, practicing rigorously, watching
what they eat, and getting sufficient amounts of sleep every single day? 

On top of that, they are intensely focused on their craft, watch game tapes,
devise strategies with their coaches and teammates, maybe even meditate and
overall look for every tiny edge they can in order to get a leg up on their
competition. 

When you are competing at a world class level, every little thing counts and
adds up. 

Those that are willing to go the extra mile are the ones that eventually rise
to the top, propped up by the right amount of fortune at the right time. 

Poker is no different in that regard, except the fortune factor is far more
pronounced in the short term. But over a long enough timeframe, all those
little edges will add up, and the best will rise to the top. 

But being the best isn’t all about being exceptionally talented or
exceptionally fortunate. It certainly doesn’t hurt, but it’s not the whole
recipe.

There’s always going to be someone more talented, and fortunes won’t always
favour you. When those things inevitably happen and you hit a brick wall, grit
is what will keep you moving forward. 

And when it comes to actual game time, make sure you are the best poker player
at the table before even sitting down to play. 

Know that you’ve worked harder on your game off the felt than anyone else, and
there is nothing you are not prepared for, including a gruelling string of
never ending bad beats and suck-outs. 

Practice proper game selection and seat selection, make sure you are properly
bankrolled for the stakes you play (the bigger bankroll, the better), and
study off the felt to fix your leaks.

It also goes without saying that you shouldn’t play drunk, high, tired, tilted
or otherwise emotionally compromised in any way, shape or form.
In short, approach the game like a poker pro does, and you will get world class results.

8. No Guts, No Glory

“If you fight with all your might,  there is a chance of life; whereas
death is certain if you cling to your corner.” – Sun Tzu

One final tip for all you tournament players out there. Sometimes you just
have to roll the dice. 

Tournament poker is about survival. And the only way to survive is to
constantly fight to stay ahead of shallower and shallower stacks. So you can’t
just wait out your way to the final table.

In fact, this is exactly the key to winning poker tournaments: to play
aggressively around the bubble. This is where most of the players will clam
up, and here you should attack relentlessly. 

You should try to steal the blinds frequently, and recognize the players who
don’t defend and are too tight. If you are shortstacked, you should play
fold-shove strategy. 

If you’re deep-stacked, you should exert maximum pressure to medium-to short
stacked weak opponents. 

The goal is to set yourself as the chip leader going into the final table,
instead of barely making it with a few blinds behind. The top three finishes
have disproportionately big rewards, as opposed to eighth or ninth place, for
example. BlackRain79 discusses this final table ICM strategy in much more detail in this article.

So if you actually want to win a tournament instead of just making it to the
money, you’ll have to be willing to risk your tournament life at any
time. 

Sure, there will be times when laying low and biding your time is the correct
approach, but it can’t be the only approach. 

Remember you’re playing no-limit poker, so your whole stack is on the line all
the time, and with it your tournament life. Guard it carefully, but also be
willing to lose it any second. And you might just win it all.

Summary

Poker is war, except the battles are fought with chips instead of tanks and
cannon fodder. 

It’s a civilized form of warfare, and it’s absolutely beautiful. If played
responsibly, only your feelings and your wallet can get hurt, so it’s hardly
the end of the world. 

But in order not to get our feelings or our wallets hurt, we need to win, and
in order to win, we might want to heed the lessons of poker pros who played quite
higher stakes than most of us will (hopefully) ever need to.

It all starts with our awareness. Poker is profitable to the select group of
people who not only know the game inside out, but know how their opponents
think, feel and act. 

Your average fish on the other hand, doesn’t even know how little they
actually know. 

So if you’re aware of your own skill edge, as well as the inadequacies of your
opponents, there is nothing to fear, not even the never ending swings of
fortunes.

When you can read your opponents, you can adapt to their play style
effortlessly and always stay up one step ahead of them. 

There is no such thing as standing still. You have to keep moving and keep
adapting, otherwise you will get left behind.

You should also keep trying to improve and work on fixing your leaks off the
felt. 

The elite world class professionals didn’t get to the top by having a sixth
sense or some godlike innate talent, but by studying the game reverently and
practicing deliberately for an insane number of hours over many years. 

And they made way more mistakes on the way than most of us ever will. That’s
what made them experts.

Speaking of mistakes, one of the best ways to avoid them is to not put
yourself in the position to make them in the first place. 

This means being selective about spots we decide to get involved in. A lot of
beginner poker players simply play too many hands, stay in them too long, and
donate way too much money. 

Sometimes the only winning play is not to play at all. 

However, you also miss 100% of the shots you don’t take. So you will have to
go out of your comfort zone from time to time. 

This means experimenting with different lines, and letting go of the notions
of “standard play”. 

If you make a standard play every time, you will have standard results. And a
standard result for an average poker player is actually losing money. 

If you don’t tilt and make huge costly mistakes, you can expect to be a
breakeven or a slightly winning player.

So don’t be afraid to get creative here and there. You might end up with the
conclusion that the “standard play” was the correct one all along, but that’s
also part of the learning process. 

If you don’t ever mix it up, you’re stultifying your progress as a player, and
might get …

Cleveland Cavaliers 98-129 Golden State Warriors: Twitter erupts as Stephen Curry and Draymond Green showcase their supremacy


The Golden State Warriors made the most of a second-quarter burst to eventually down the Cleveland Cavaliers 129-98. Stephen Curry and Draymond Green made several highlight plays to get the job done for the home side at the Chase Center.The duo didn’t even have to feature in the fourth quarter with six Golden State Warriors scoring in double digits to close out the game with ease. They even restricted the Cleveland Cavaliers well who shot less than 40% from the field.Cleveland Cavaliers get going early but Golden State Warriors eventually take controlIt was a fairly close affair in the first quarter. Stephen Curry stepped up for the Golden State Warriors and scored a quickfire 16 points but the Cleveland Cavaliers responded well. The likes of Collin Sexton and Jarrett Allen kept them in the running.Things changed towards the end of the second quarter where the Golden State Warriors went on a 23-8 lead to finish the first half with a 10-point advantage. The Cleveland Cavaliers couldn’t recover from there as the Dubs extended their advantage in the third quarter thanks to the playmaking of Draymond Green.The Warriors have held their opponent to 105 points or less, and 40.6% FG shooting or less, in 4 of the last 5 games— Grant Liffmann (@GrantLiffmann) February 16, 202128 games into the season, the Warriors are the 8th seed in the West with a 15-13 record.Not too bad for the projected 14th seed ahead of the season. pic.twitter.com/GYc8ifhLdt— r/Warriors (@GSWReddit) February 16, 2021I’d say it’s not the Cavs night. But not their month might be more accurate— 𝙅𝙪𝙨𝙩𝙞𝙣 𝙍𝙤𝙬𝙖𝙣 🇨🇦 (@Cavsanada) February 16, 2021

Weird to see the Cavs down 20 against the Warriors. Usually doesn’t happen until June— Rashad (@rashadalaiyan) February 16, 2021Whispers* the nets showed how to stop a lot of the warriors plays….. (continues to whisper) but hopefully the rest of the league didn’t watch— IN THE LAB (@DevInTheLab) February 16, 2021Stephen Curry and Draymond Green too hot to handle for Cleveland Cavaliers The two veterans rose to the occasion again

Stephen Curry continued his tremendous campaign with another outstanding performance. He had 36 points for the Golden State Warriors tonight on 13-of-19 shooting including seven made threes. He’s on course to become only the third player in NBA history to record a 5-40-90 clip in multiple seasons alongside Larry Bird and Steve Nash.Curry was aided in his efforts by Draymond Green who’s been flawless as the primary playmaker for the Golden State Warriors. He’s averaged 11.6 assists per game since the start of February and had 16 dimes against the Cleveland Cavaliers.Steph Curry is averaging 30/6/5 on 50/44/94 splits.He’s carrying a team missing Klay Thompson and ALL 3 big men to a playoff spot in the West. Stop saying he’s in the MVP conversation…he IS the MVP. pic.twitter.com/sXHbJSB6mA— Guru (@DrGuru_) February 16, 2021

Steph Curry and Draymond Green, it turns out, are good basketballers.— Golden State of Mind (@unstoppablebaby) February 16, 2021Curry is very nearly doing 50 40 90 on 30ppg while teams main goal is to harass him as much as possible since his star teammates are goneThis is going to be funny forever— Dom2K☘🤦🏾‍♂️ (@Dom_2k) February 16, 202110 straight games with 27+ points for Steph Curry is the longest such streak of his career— Grant Liffmann (@GrantLiffmann) February 16, 2021Draymond’s passing x Steph’s gravity is the most lethal offensive combo in basketball— Antonin (@antonin_org) February 16, 2021

Draymond is avg’ing more assists (8apg) than points (5.2ppg). Who is the last qualified starter to do that?— sam esfandiari (@samesfandiari) February 16, 2021The Golden State Warriors will now take on the Miami Heat on Wednesday. Meanwhile, the Cleveland Cavaliers will look to end their eight-game losing streak against the San Antonio Spurs.Also read: “Do you not think that affects someone mentally?” Draymond Green blasts the NBA for differential treatment of teams and players in trade situations
Published 16 Feb 2021, 12:08 IST

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Daniil Medvedev Finds Another Way of Playing Professional Tennis


At 23, Rublev is two years younger than Medvedev and grew up playing junior tournaments against him in Russia. For a long time Rublev, seeded No. 8, and Karen Khachanov, 24, the third member of Russia’s latest golden generation, were better than Medvedev. The rise for Medvedev came in 2018 and 2019, when he nearly beat Rafael Nadal in the 2019 United States Open final.“He reads the game really well,” Rublev said of Medvedev. “It’s amazing, the patience he has to stay so long in the rallies, to not rush, to take the time, because in the end these little details, they make him who he is.”Russia is the only country with two players in the top 10. Khachanov gives it three in the top 20. Aslan Karatsev, 27, another Russian ranked No. 114, came out of nowhere to make the quarterfinals here in his first Grand Slam tournament.Medvedev comes into the quarterfinal on perhaps the best roll of his career. He has won 18 consecutive singles matches. He won the ATP Tour finals in London in November, pulling off the nifty trick of beating the world’s top three players — Novak Djokovic, Nadal and Dominic Thiem — in a single tournament. For Russia at the ATP Cup, he beat Alexander Zverev of Germany, a 2020 U.S. Open finalist, in a tight, three-set match in the semifinal round.Medvedev spent his early childhood in Moscow and played few sports other than tennis growing up. He worshiped Russia’s last golden generation, which included Marat Safin and Yevgeny Kafelnikov, who were in their prime when he was a young child. He moved to France to train as a teenager and became fluent in English and French.Medvedev could be heard screaming at his coach, Gilles Cervara of France, in French during his third-round match against Filip Krajinovic of Serbia, as he frittered away a two-set lead before recovering to win the final set, 6-0.

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Plans for fans to attend FA Cup and Carabao Cup finals


The FA and EFL are working with Government in an attempt to get fans back inside Wembley for the two season showpieces – the FA Cup final and the Carabao Cup final.Ultimately, it will be a Government decision based on whether the coronavirus pandemic is sufficiently under control to allow a staged return of fans to football stadia.
But the hope is to have one third of Wembley full of spectators by the time the finals are played, in late April and mid-May, providing it is safe to do so.That would mean 30,000 fans in attendance for each of the finals.

Which clubs will be at Wembley?
Tottenham face Manchester City in the 2021 Carabao Cup final on April 25
Eight teams are left in the FA Cup. The quarter-finals will see Leicester vs Manchester United, Chelsea vs Sheffield United, Bournemouth vs Southampton and Everton vs Manchester City.

There has been no official comment from the FA or EFL on the matter, but it is clear both are keen to get fans back as soon as possible.
The two finals have been identified as key milestones which could act as test events for the wider game, and – crucially – ahead of this summer’s Euros.
Last month, the EFL moved the Carabao Cup final from February 28 to April 25 to give it the best chance of having supporters inside Wembley.
The FA is very keen to have fans inside the stadium for the FA Cup final on May 15, with the Euros starting just four weeks later.Wembley is due to host seven matches at the tournament – all three of England’s group games, a last-16 clash, both semi-finals and the final.Having supporters inside Wembley for the FA Cup final is seen as a key indicator of whether empty stadiums can be avoided for the upcoming tournament matches.UEFA is due to make a decision next month on how and where the Euros will be staged.

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Did the next Macau bubble just start two weeks ago?


The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.

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อินเดียชนะ 3 ครั้งในอาหารกลางวันในวันที่ 4 ของการทดลอง 2 กับสหราชอาณาจักร


อินเดียเข้าใกล้ซีรีส์เพื่อชัยชนะที่ Chepauk โดยเก็บได้ 4 นัดในเซสชั่นแรกของวันที่ 4 ของการทดสอบครั้งที่สองกับอังกฤษเมื่อลอว์เรนซ์และโจรูตออกมาพร้อมกับอังกฤษที่ต้องการมากกว่า 400 รันเพื่อชนะการแข่งขันทดสอบ การแข่งขันครั้งก่อนไม่นานเมื่อการแสดงที่เป็นตัวเอกของ Rishabh Pant ในการแข่งขันโบว์ลิ่งของ Ravichandran Ashwin ทำให้เขาผิดหวัง หลังจากนั้นรูทก็มีเบ็นสโตกส์ให้กับ บริษัท นักหวดชาวอังกฤษผู้มีพลังทั้งหมดถูกทุบตีหลายต่อหลายครั้งและการตีครั้งเดียวของเขา – การกวาด – ไม่ทำให้เขาเป็นเส้นใน 51 ลูกที่เขาเผชิญ ในท้ายที่สุดเขาถูกไล่ออกโดย Ashwin เพียงแปดครั้งทำให้แขกจ้องมองไปที่กล่อง โอกาสง่ายๆที่จุดกลับตัว อย่างไรก็ตาม Kuldeep พบความก้าวหน้าในการเยี่ยมครั้งต่อไปของเขา นาฬิกาข้อมือทางด้านซ้ายมือทำให้ Ben Foakes ติดขาของเขาหลังรับประทานอาหารกลางวันและเห็นหนังศีรษะของเขาโล่งใจอย่างเห็นได้ชัด เขาถูกวางไว้ที่ 116/7 ในมื้อกลางวันในวันที่ 4 โดยรูทขับเคี่ยวในการต่อสู้คนเดียวโดยมี 33 ลูกจาก 90 ลูก อินเดียน่าจะจบสิ่งต่างๆได้ในเซสชั่นที่สอง Ashwin จะจับตาดูการแข่งขัน 10 ลูก สนามที่สร้างขึ้นและความแม่นยำที่น่าทึ่งของพิชเชอร์อินเดียการทดสอบนี้ไม่น่าจะถูกลากเข้าสู่เซสชั่นสุดท้ายในวันที่ 4 Moeen Ali, Olly Stone และ Stuart Broad เป็นสามมือนักแร็กเกตอังกฤษคนเดียวที่เหลืออยู่ จนถึงตอนนี้ประตูจะพิจารณาตีหัวที่สองอีกครั้งและบันทึกการแข่งขันครั้งที่ 8 ด้วย 10 ประตูในการทดสอบคริกเก็ต ถ้าเขาทำเขาจะกลายเป็นนักคริกเก็ตชาวอินเดียคนแรกและคนที่ห้า (รองจาก Shakib Al Hasan, Imran Khan, Ian Botham และ Alan Davidson) ที่จะบรรลุความสำเร็จนี้ เผยแพร่เมื่อ 16 กุมภาพันธ์ 2021, 11:43 IST.

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เมื่อมองย้อนกลับไปสิ่งนั้นน่าจะชัดเจน ลิเวอร์พูลได้รับ 196 คะแนนในสองฤดูกาลที่ใกล้จะสมบูรณ์แบบคว้าแชมป์แรกในรอบ 30 ปีและเป็นแชมป์ยุโรปและแชมป์โลกตลอดเส้นทาง นั่นจะเป็นไปไม่ได้ถ้าทุก ๆ ด้านของทีมทำงานได้อย่างสมบูรณ์แบบ ความตื่นเต้นที่มาพร้อมกับการที่ธิอาโก้อัลคันทารามาที่แอนฟิลด์นั้นมุ่งเน้นไปที่สิ่งที่เขาสามารถเพิ่มให้กับทีมได้ หวังเป็นอย่างยิ่งว่านกกระสาตัวนี้จะสามารถเพิ่มมิติใหม่ให้กับการเล่นเกมรุกของ Jurgen Klopp แต่บางทีอาจจำเป็นต้องตระหนักให้มากขึ้นว่าลิเวอร์พูลจะเสียอะไรเช่นกัน กองกลางไม่เคยมีปัญหา แต่เป็นเครื่องยนต์ การทำงานอย่างไม่หยุดยั้งของฟาบินโญ่, จอร์แดนเฮนเดอร์สันและจอร์จินิโอไวจ์นัลดุมกลับมาเป็นเจ้าของสำหรับฟูลแบ็คที่โจมตีต่อเนื่อง เมื่อเทรนต์อเล็กซานเดอร์ – อาร์โนลด์และแอนดรูว์โรเบิร์ตสันพูดต่อ ความคิดสร้างสรรค์ได้รับการว่าจ้างจากภายนอก แต่ก็ไม่เคยขาด ตั้งแต่นั้นเป็นต้นมา Shiago ไม่ควรกลายเป็นแพะรับบาปสำหรับความพยายามของทีม มีตัวแปรอื่น ๆ อีกมากมายชิ้นส่วนที่เคลื่อนไหวมากเกินไปในเครื่องจักรที่เคยหล่อลื่นนี้เพื่อระบุเหตุผลเดียวของการลดลงที่ทำให้ลิเวอร์พูลกังวลมากขึ้นเกี่ยวกับการอยู่ในอันดับ 4 คือการป้องกันตำแหน่งแชมป์พรีเมียร์ลีกได้สำเร็จ สถิติหัวล้านบอกเล่าเรื่องราว ผ่านไปเกือบ 4 ปีโดยไม่แพ้แม้แต่เกมเดียวที่แอนฟิลด์พวกเขาพ่ายแพ้ 3 ครั้งติดต่อกัน ธิอาโก้เริ่มเยอะ ลิเวอร์พูลชนะเพียงสองในเก้าเกมที่เขาเริ่มต้นและนั่นยังไม่รวมถึงความพ่ายแพ้ต่อเลสเตอร์ 3-1 เมื่อวันเสาร์ที่เขาเข้ามาในนาทีที่ 17 2:55 ดูฟรี: โดดเด่นในการชนะเลสเตอร์กับลิเวอร์พูลในพรีเมียร์ League, Thiago ดิ้นรนอย่างหนักโดยไม่มีบอลถูกเจมี่คาร์ราเกอร์ตราหน้าว่าเป็น “ฝ่ายรับ” ทีมลิเวอร์พูลที่มีธิอาโก้ในตำแหน่งกองกลางไม่ได้ใช้งาน คุณภาพที่คุ้นเคยยังคงแสดงให้เห็นอย่างชัดเจน การจ่ายบอลตาบอดเหล่านั้นซึ่งมักจะวางลงเท้าของกองหน้ากระตุ้นให้ลิเวอร์พูลบุกทะลวงการป้องกันและทำให้เขาถูกกล่าวหาอย่างไม่เป็นธรรมว่าชะลอการโจมตี เขาเก็บบอลเคลื่อนที่เล่นกว้างและมองหาการจ่ายบอลที่ถูกต้องอยู่เสมอ แต่มีการรับรู้ว่าการปรากฏตัวของเขายังทำลายการป้องกันของลิเวอร์พูล โค้ชหมายเลข 30 เขาดูเหมือนผู้เล่นที่ต่อสู้กับจังหวะของเกมรอบตัวเขาในขณะที่คู่ต่อสู้กำลังเปลี่ยนไป เขากลายเป็นผู้เล่นฟาล์วต่อเนื่องการสกัดกั้นการตอบโต้ไม่ใช่เรื่องใหม่สำหรับธิอาโก้ คาดว่าเขาจะทำหน้าที่นั้นที่บาเยิร์นมิวนิกด้วย แต่ทีมของเขาสามารถควบคุมสิ่งนั้นได้ดีกว่าในบุนเดสลีกา ที่ลิเวอร์พูลเขาถูกทิ้งบ่อยเกินไปแสดงให้เห็นในตัวเลขว่าธิอาโก้ทำผิดพลาดมากกว่าที่เคยทำผิดเกือบสองเท่าในช่วงสี่ปีที่ผ่านมาในบาเยิร์น นิสัยที่ไม่เป็นมิตรนี้เกือบทำให้ลิเวอร์พูลได้รับการลงโทษจากเลสเตอร์ในขณะที่เขาเหยียดขาออกไปที่ขอบกรอบโดยไม่จำเป็น การตัดสินใจถูกพลิกกลับในการพิจารณาใหม่ แต่ฟรีคิกยังส่งผ่าน Alisson และเข้าไปในตาข่ายทำให้เกมพลิก ความประทับใจของ Thiago คือผู้ชายที่มีความสามารถในตัวเองเล่นได้ถึงขีด จำกัด ของความฟิตเพื่อพยายามยับยั้งชั่งใจ คู่ต่อสู้คล่องแคล่วกว่าเขาอย่างเห็นได้ชัด เขาเป็นคนจัดการเสมอ เขาพยายามมากกว่าสามครั้งในทุกๆ 90 นาทีในแต่ละห้าฤดูกาลที่ผ่านมาที่บาเยิร์นโดยพยายาม 4.7 ต่อ 90 นาทีในศึกบุนเดสลีกา 2015/16 – มากกว่า 4.5 นัดการโหม่งบอลทุกๆ 90 นาทีเมื่อเขาเป็น นักเตะลิเวอร์พูล. ความแตกต่างที่สำคัญซ่อนอยู่ในตัวเลขเหล่านี้ อัตราความสำเร็จในการโหม่งของธิอาโกในลิเวอร์พูลนั้นต่ำกว่าที่บาเยิร์นมิวนิคมาก บางทีอาจเป็นเรื่องน่ากังวลที่ความสำเร็จในการจัดการของเขาลดลงทุกปี มีกี่เปอร์เซ็นต์ที่สามารถอธิบายได้ว่าระบบของลิเวอร์พูลไม่ทำงานเหมือนที่เคยเป็นมาและผลที่ตามมาของการขาดความฟิตของธิอาโก้ที่ทำให้สูญเสียการควบคุม? ไม่ต้องสงสัยเลยว่าการปรากฏตัวของ Virgil van Dijk ซึ่ง Thiago มีเวลาเล่นเพียง 56 นาที สนามซึ่งจะช่วยให้ลิเวอร์พูลรักษาเส้นบนได้หากไม่มีอันตรายมากเกินไป ด้วยเหตุนี้ธิอาโก้จะไม่ถูกโดดเดี่ยวในตำแหน่งกองกลาง 56 นาทีรวมถึงครึ่งหลังกับเชลซีที่สแตมฟอร์ดบริดจ์เนื่องจากลิเวอร์พูลทำประตูได้สองครั้งโดยไม่มีการตอบสนองและ 11 นาทีแรกของเมอร์ซีย์ไซด์ดาร์บี้ที่กูดิสันพาร์คเมื่อพวกเขาขึ้นนำก่อน ขึ้นนำก่อนที่ฟานไดจ์คจะออกมาด้วยอาการบาดเจ็บ วันเสาร์ที่ 20 กุมภาพันธ์ 17:00 น. อุ่นเครื่อง 17:30 น. ด้วยความสามารถในการมุ่งเน้นไปที่ความแข็งแกร่งของเขาด้วยบอลที่เท้าของเขาธิอาโก้ยังคงเพิ่มบางอย่างให้กับทีมลิเวอร์พูลชุดนี้อย่างชัดเจนและใช่เป็นที่คาดหมายได้ว่าเมื่อกลับมาเสิร์ฟตามปกติ เขาจะได้รับประโยชน์ แต่ในตอนนี้ความชื่นชมที่เพิ่มมากขึ้นที่แม้แต่กองหลังอย่างธิอาโก้ผู้คุมตำแหน่งกองกลางก็เปลี่ยนระบบนิเวศที่ละเอียดอ่อนในลิเวอร์พูล 0:27 จอร์แดนเฮนเดอร์สันออกข่าวลือเรื่องการต่อสู้ในห้องแต่งตัวอย่างรวดเร็วมันยังคงเป็นหน้าที่ของกองกลางลิเวอร์พูลที่ต้องปกปิดบางส่วนในขณะที่เขากวาดตามหลัง Alexander-Arnold และ Robertson แต่ในขณะที่เกิดขึ้นกับเฮนเดอร์สันโดยธรรมชาติมันก็น่าอึดอัดสำหรับธิอาโก้ เขาไม่มีชุดทักษะที่จำเป็นสำหรับบทบาทนั้น กองกลางของลิเวอร์พูลในขณะที่ไม่เป็นที่รู้จักกันดีในฐานะผู้รักษาประตูและกองหลังหรือกองหลังหรือกองหน้าเป็นเหตุผลพื้นฐานที่ทำให้ทีมประสบความสำเร็จ มันควรจะชัดเจน

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“ ปาฏิหาริย์!” – แฟน ๆ ต่างชื่นชมยินดีหลังจากที่กุลเดชยาดาฟได้ประตูในที่สุด


Kuldeep Yadav มีช่วงเวลาไม่กี่ปีที่ผ่านมา ครั้งหนึ่งเคยเป็นอัญมณีแห่งการโจมตีด้วยโบว์ลิ่งของอินเดียนักกีฬาโบว์ลิ่งแขนซ้ายคนนี้ต้องเดินทางไปอินเดียเป็นระยะเวลาหนึ่ง เขาถูกตัดสิทธิ์จากแฟรนไชส์ ​​IPL ของเขาด้วยซ้ำโดยที่ Kolkata Knight Riders เลือกให้ Varun Chakravarthy ใน IPL 2020 ในที่สุดแม้ว่า Kuldeep Yadav จะมีโอกาสสร้างความประทับใจในการทดสอบครั้งที่ 2 กับสหราชอาณาจักร แต่เขาก็พยายามยืนยันตัวเอง เขาลงสนามเพียง 6 รอบในครึ่งแรกไม่ชนะประตู ผู้เล่นโบว์ลิ่งไม่มีโอกาสได้กินมากนักซึ่ง Virat Kohli ให้ความสำคัญกับ Axar Patel และ Ravichandran Ashwin โชคร้ายของเขายังคงดำเนินต่อไปในครึ่งหลัง Kuldeep Yadav เพิ่งเข้ามาในครึ่งที่ 43 และเห็นว่า Mohammed Siraj รับเลี้ยงเด็กจากเกมโบว์ลิ่งของเขา เพื่อเพิ่มการดูถูกการบาดเจ็บ Joe Root เป็นผู้ที่ได้รับชูชีพ แต่ในที่สุดโชคก็พลิกสถานการณ์ของ Kuldeep ขณะที่กะลาหยิบกระบองของ Ben Foakes ขึ้นมาในเวลาต่อมา ผู้คุมไม่สามารถหยุดต่อไปได้และพบ Axar Patel ซึ่งไม่มีข้อผิดพลาด แฟน ๆ บน Twitter ไม่สามารถสงบสติอารมณ์ได้หลังจากที่ Kuldeep Yadav คว้าประตูได้ในที่สุด ตั้งแต่ภาพฮา ๆ ไปจนถึงการถอนหายใจด้วยความโล่งใจทวิตเตรติดีใจที่ในที่สุดกะลาก็มีอะไรให้ยิ้มได้ สนุกไม่แพ้กันหลังประตู Kuldeep Yadav ผู้คนต่างพากันเฉลิมฉลองบนโลกออนไลน์หลังจากที่กุลเดชยาดาฟได้ไม้ทดสอบครั้งแรกในรอบปีกว่า หลายคนแชร์รูปแสดงความโล่งใจของเขาในขณะที่คนอื่น ๆ ชี้ให้เห็นว่า Team India เฉลิมฉลองข้อต่อหนังศีรษะของ Kuldeep Yadav ได้อย่างไร ฉันรู้สึกโล่งใจสำหรับกุลดีปยาดาฟมากกว่ากุลเดชยาดาฟเอง – สรภกางเกง (@hankypanty) 16 กุมภาพันธ์ 2564 ยินดีที่ได้พบกุลดีปเขาลงเล่นนัดทดสอบครั้งสุดท้ายในเดือนมกราคมปี 2562 รอมา 2 ปีเนื่องจากมีคนหันมามากขึ้น เขาเปิดตัวที่อินเดียและเขานั่งอยู่บนม้านั่งและทำงานอย่างหนักในตาข่ายโดยเฉพาะหลังจากทำ 5 สนามในการทดสอบซิดนีย์ pic.twitter.com/vPNgNdITqL— จอห์น. (@CricCrazyJohns) 16 กุมภาพันธ์ 2021 เขาต้องรู้สึกมีความสุขขนาดไหน? หลังจากเล่นโบว์ลิ่งในตาข่ายและรอปีกอยู่ตลอดเวลาในที่สุดเขาก็ได้รับรางวัลและการกอดที่แท้จริงจากเพื่อนร่วมทีม #INDvENG https://t.co/uTaTmEYb2r— Melinda Farrell (@melindafarrell) 16 กุมภาพันธ์ 2021 มีมเฮฮาเกิดขึ้นหลังจากที่โชคดีมาถึง KuldeepM ในที่สุดหลายคนก็ถอนหายใจโล่งอกเมื่อกะลาทำได้สำเร็จในวันที่ 4 มีการโพสต์ระเบิด มีมตลก ๆ ที่แสดงด้านตลกขบขันในขณะนั้น เผยแพร่เมื่อ 16 กุมภาพันธ์ 2021, 12:03 IST

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The Pros and Cons of Making a Living From Poker


If you enjoy poker, making a living from playing this game seems like living the dream.

Do something you love, and it will never feel like work.

But, before you go all in, you should be aware of all of the pros and cons that come with playing poker for a living.
If you’re considering getting more serious about your potential poker career, here are some of the most prominent advantages and disadvantages that come with being a professional poker player.
The Advantages of Playing Poker for a Living
You Own Your Own Time
If you’re playing poker for a living, you’re effectively choosing your work hours. Being your own boss, especially in a career path such as this, means that you’re entirely free to tailor your own time and make the best of every day.
The hassle of working night shifts or waking up early every morning to drive to work won’t be a problem if you gown down this road.

Your “offices” are the online poker tables and live poker tournaments you choose to participate in.

Just keep in mind that you must maintain great discipline in such a job, as not to lose yourself in the flexibility and freedom of your own time.
No Salary Ceiling
The biggest reason most poker players want to go professional is the unlimited profit available for those who dare to claim it.
Although money shouldn’t be your primary motivator, it’s hard not to think about the multi-million prizes at the biggest poker tournaments in the world.
Even if you are just starting out playing online on real money poker sites, there are still countless options with prizes significantly more extensive than what most working people can earn in their day jobs.

Plus, the best part about this is that there’s no salary ceiling on how much you can bring home each month.
Living and Traveling Anywhere in the World
Another great advantage of playing poker for a living is that you can experience the feeling of always being on vacation while traveling for work and making money in the process.
If you plan on becoming a full-time poker player, you can look forward to frequently traveling to some of the biggest and most exciting cities in the world.

From Las Vegas and London to Barcelona and Monaco, you make your own schedule as packed or free as you wish.

Moreover, as a professional poker player, you have unlimited freedom in choosing a location where you want to settle down.
If you want to make your home in a sunny and warm place, you can select a popular poker destination such as the Caribbean.
This will allow you to enjoy endless summers while still being very close to some of the most popular and rewarding poker tournaments.
The Disadvantages of Playing Poker for a Living
No Guaranteed Income
The most significant benefit of a day job is that you know exactly how much money you’re earning every month.

When you switch up your day job for a professional poker career, this safety net disappears.

While it’s true that you’ll be able to win massive amounts of money potentially, there’s no telling when or even if this will come.
Instability of income is a typical tradeoff in many careers that offer a higher profit ceiling.
If you like playing it safe and can’t risk running a negative balance for a few weeks or months, pursuing a career in Texas Hold’em probably isn’t the best way to go.

That said, if you’re ready to accept the swings and have the mindset to handle the pressure of unstable earnings, you can turn this disadvantage into your advantage.
The Road to Success Can be Arduous
Watching Daniel Negreanu toy with his opponents makes it seem almost effortless. But, most of us forget that we’re watching the end result of years of studying the game and the psychology of their competitors.

All professional poker players have experienced great highs and lows throughout their long journey.

Don’t go into it thinking that it’s going a smooth ride all of the time. Confidence is a must-have, but you should continuously work on your skills to back this up.
Of course, some players have achieved great success in their first few years of playing the game, but these are outliers.
If you’re aiming to make poker your lifetime career, you need to arm yourself with patience and always remember that you’re in it for the long run, and variance will catch up with you eventually.
Stable Budget Needed to Start
Although poker offers you the opportunity to win a lot of money, you also need to have adequate starting capital before you even consider devoting all of your attention to the game.
The lack of money is one of the more significant reasons why most players don’t commit to playing poker professionally.
For many players, it can take years before they can get to a consistent level of winning in poker. If you don’t have the capital to start or a stable day job to cover your poker losses, you can quickly grow tired of the stress and grind.
It’s crucial to remember that success isn’t guaranteed and that you should never risk the money you can’t afford to lose. Learning good bankroll management is a must!

Are you Ready to Become a Professional Poker Player?
The hard truth is that not everyone is cut out to be a world-class poker player. But, with enough patience and work, you can make a great living from playing poker.
This is because, ultimately, the pros heavily outweigh the cons, and most players who truly commit to studying and learning the game can succeed in it.

If you’re passionate about poker and ready to put your energy into it, nothing is stopping you from making a career out of it.

To get some help on your path, check out the best poker training sites out there, as you’ll find plenty of great resources here.

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