Thread: Online Poker
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Old 02-05-2006, 12:39 PM   #1 (permalink)
Eida
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Join Date: Jan 2003
Location: Monterey, CA
Posts: 327
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Online Poker

*Mods, feel free to move/delete this post as its not exactly an MMO... however this forum gets the most activity and I feel there are many people here who may have an interest in this.

For those of you not aware, online poker is booming and many people are making a lot of money off this. The money is steadily moving from the dumb to the smart, and now would be a great time for anyone with an interest in making $$$ from home by crushing others at a game grounded in math.

I'm going to start an affiliate business (my online casino pays me to get people to play). The most common affiliate tactic is to spam mercilessly everywhere and accept payments from the casino on a per-member signup, typically $50-$75 for every player they recruit that plays a set number of raked hands.

I'm planning to do something a little different. Instead of taking a payment in the form of signups, I will be paid based on how much rake the players that I sign up contribute per month (MGR). Fish that signup and go bust immediately are not going to be my target audience... it will be in my interest (and those that sign up through me) to find people with a desire to get a lot of hands in and have a desire to improve their game.

A little background on myself:

A year ago I was a broke college student:

March 2005: Heard about online poker from a friend on the east coast. I have been a lifelong gamer so the concept of making money playing a game aroused my interest immediately. Deposited $50 into some random site and immediately lost it playing $1/$2 6-max limit. Tried again, same results.

April 2005: Took another shot, deposited $100 and played NL25-50. Ran it up to $300 before once again losing it all. This was demoralizing. A week later, after pouring through strategy forums and really trying to get a grasp of the fundamentals, I tried again. This time using a $20 bankroll playing .05-.1 limit. During this time period I was working two jobs and playing approximately 2-3 hours after midnight. I was doing something right, however, because after 10k hands I was in the green and beating the nanolimits. Hooray. Bought pokertracker (www.pokertracker.com). It told me that my hourly rate was $2/hr. Yay.

May 2005: Progress brought me from .05-.1 to .5-1. As I grew more confident, I began to play more than one table, and I added more (ended up at 8, the max my current casino would allow).

June 2005: Switched casinos (moved to the Crypto network). My main game was .25-.5 (pounds) and 10 tabling that game gave me a steady hourly rate of $25/hr. Quit both my jobs after saving enough for 3 months of bills.

September 2005: Made the switch to my current casino after 100k hands at .25-.5 (pounds). My win rate for the 100k hands was ~8.0bb/100, which is excellent and I wish I had moved up earlier.

October 2005: Felt confident enough in my limit game to tackle $2/$4. I began playing only four tables at once, but quickly became acclimated to the different table texture and began 10-tabling again. After my first week, my hourly rate was $50/hr. I thought I was invincible. A few days later, I suffered my biggest downswing to date ($1100). My bankroll was fine (my bankroll management is uber-conservative), but my ego hurt and I decided to play through it (after setting a stop-loss of $2k). Downswing lasted 3 days and weathering the storm, I grew more confident and resolved some of the minor leaks in my game. My winrate grew steadily throughout the next few months.

February 2005: My main game is still 2/4 -- yet 50 percent of my hands are also at 3/6 and 5/10. Hourly rate is stable at $70 (win rate = 2.5bb/100 @ 500+hands/hour), and I'm enormously overrolled for the games I play currently. Everyone I know is telling me to move up, yet I'm still content with my current stress-free table selection and have pushed back tackling the mid-stakes limit until March. The skill differential between 2/4 - 5/10 and higher is large.

Anyway -- I'm passionate about poker and enjoy discussing strategy and reviewing hand histories. I think reviewing hand histories with others is educational for both parties.

I won't try to confuse the issue -- what I'm looking for are people who have an interest in capitalizing on the enormous opportunity that is online poker. In exchange for my coaching services via email and AIM, I will get paid based on how many hands you play. Its 100 percent in my interest to turn anyone under me into a winning poker player, and those people with a drive to learn are who I'm looking for. If you like to kick back a beer and gamble it up with $100 in tournaments on a weekend, you'd be better off with other affiliates who would offer you a free chip set or something else flashy.

Any questions: contact me at eidal12345@yahoo.com or Eidal12345 on AIM. I have no problem sharing charts/graphs from Pokertracker to establish my proficiency, and look forward to hearing from some of you.

Last clarification: I want to turn other people into winning players. Poker changed my life and is building my portfolio at a thrilling rate. I want to share this with other people along with some mutual profit.
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