Poker Discussion
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Poker players who have had tournament success never look more like financial idiots than when they say something as stupid as Greg Raymer did in Poker After Dark. He revealed to the table that he played a golf match vs. Gavin Smith for 1 million dollars per hole. Whether this is true or not doesn't matter as much as the fact that he claimed to have done this and is owed 1 million by Gavin. Playing poker for big money is one thing, as over the long term, better players will win more, but playing a million per hole in golf is out of Raymer's net worth by a factor or at least 1000. Even Tiger Woods couldn't afford to play golf for a million a hole. I think perhaps Bill Gates and Warren Buffett could, but unless you have at least $10 billion in net worth, you just come across looking like a financial buffoon.
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Jaxon, if one agrees with your analysis, that you need 100 big bets to be comfortable with your 10k gambling roll, then you can play golf at 100 dollars a hole.
So if you are Tiger Woods, to play a million per hole, you need to have $100 million that you are willing to lose in your "gambling roll", which if we go by the 10% theory that you have come up with, means Tiger needs a net worth of over $1 Billion to safely play this game. According to the Forbes 400, Tiger doesnt yet have a billion, so he cannot play in this league. Again we are ignoring the fact in this example that Tiger's edge in golf may be huge, that is not at all the point of my original post, it was simply in regard to the math of % of net worth one would safely risk in gambling.
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Are you still trying to apply poker BR concepts to gambling on golf?
Do you do that in the grocery store too?
How much $$$ do you need to "safely" purchase a box of Cap'n Crunch?
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what if there is a golden ticket to visit the cap'n crunch factory? ;)
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Tiger Woods is currently listed as having a net worth of approximately 500 million, ftr.
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fuck you all for making me want to golf
fuck ohio
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i would play ne1 at PRO EVOLUTION SOCCER HU for rollllllllllllllllllllllllllllllllzzzzzzzzzzzzzzzzzz
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You still have not even mentioned STANDARD DEVIATION for a skill game like golf versus a game like poker that does have a large element of luck. If the VARIANCE in golf was ZERO, then you would only need a bankroll that was 1 big bet in size, since you win every time.
What is the likelyhood of a poor player beating a more skilled player 100 holes in a row in golf? A 100 bet bankroll for golf is probably way over-rolled. In some more high variance forms of poker a 100 bet bankroll is probably way under-rolled.
Speculation about Bankroll requirements cannot be determined without knowing a games variance. Trying to equate the STANDARD DEVIATION of Texas Hold 'Em on Golf is silly.
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50% of my roll at least on a 1 in a million shot at the golden ticket I suppose.
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I assumed almost everyone had a seperate bankroll from total net worth..
hmmmm, guess I am offbase..
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anyone catch what joe hatchem was sayin about the same time something about bustin a player and the player asked to take a picture or somethin and hatchem made a joke maybe about the guy or something.not sure butt curious about what happen
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"you're"
just sayin meatwad
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