hey

I've been reading around etc and i think im being swayed to specialize in no limit holdem rather than limit and was lookinjg for your opinions.

I read that no limit has less variance and can produce greater gains, giving you more tools with which to exploit poorer players.

What are your thought on the matter?

Cheers

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Wealthymarketer, the latest and greatest way to earn online.
wealthymarketer

WRONG! No limit has much GREATER variance... Yes you can win more, but you an also lose it much much faster...

er well... variance is a little bigger in limit. It depends how you define variance but most take variance to mean the variance after you've played 50k hands or so. In which case NL has a lower variance.On a hand by hand basis (short term) clearly NL has greater "variance" - but statistically this isnt as meaningful.

However its this short term "non-statistically" significant variance that hurts ...

Mathematically variance in NL (as expressed in terms of standard deviation) is not rigorous over small (<100k hands) . This is because the distribution is not Normal (bell shaped) for this degree of sampling. This is because there is a tendancy in NL to bounce between "+/- stack size" where as in limit you make loads of "random " +/- Blind sized bets about a mean and the central limit theorem drives it towards the Gaussian more rapidly.

have I bored you enough???

No-limit is a great poker game. BUT you must be a No-limit player. Try them both for 20k hands and see which one you can live with. Learning two games will also improve your final choice...

There is very little shame in being a limit player ..well not much shame anyway....

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See me playing $10/$20NL like it was play money

http://video.google.co.uk/videoplay?...405&q=xxdemexx

Doberman: "but Sarge, isn't poker gambling and just luck?"
Sgt. Bilko:" not the way I play it"

Understand that NL is a whole different mindset than Limit. You have to learn to play in a totally different way. When going to NL you have to be able to play the person and not just the cards. In Limit your cards and the board tend to dictate how and when you bet way more often than in NL. In NL you dont even have to have good cards to win a hand. Its a lot more about using your stack for leverage and things that relate to that.

I started playing Limit first and began to excel at it. I read SSH (which if you have not read yet hunter you are a moron, whether you are going to play NL or not). This book helped me to send my game into the green zone. I took a break from poker after a stupid situation of playing way outside my BR and then when I came back I decided to give small stakes NL a try. I loved it. I will now probably never go back to Limit.

I agree with Deme, you should definitely give each form a few thousand hands and see how you fare, as well as how you like each one. To be honest, the reason I love NL so much now is not that I make way more money, but that I have so much more fun.

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Lots of good rakeback options at http://www.raketherake.com/?refer=RTR25126

KRE8R probably has about seventy college funds in his NL5 roll.

hey

it just seems most of the holdem poker world is no limit crazy... tournerments etc i think specialising in limit would come back to bite me in the ass should i do so.

Cheers for your help anyhow

__________________
Wealthymarketer, the latest and greatest way to earn online.
wealthymarketer

Have a look at your own personality and bankroll ...

Personally limit bores me to tears .. NL is what gets the heart pumping.

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http://gthejester.blogspot.com

A closed mind is like a closed book ... its just a piece of wood.

hi

ive also seen tons of stuff saying no limit favours the pro and the guy who does his homework more..and that you can actually apparantly make more at no limit being a better player than you could at limit being a better player.


Cheers

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wealthymarketer

I know must people tend to only play 1 or 2 different games, I personally believe that by playing all or at least most of the different poker games you will become a much better player overall and probably better in the individual games aswell.

That being said if I could specialize in only one game it would definately be Pot Limit Omaha, based on greater edges over the average players and your earn rate is potentially alot higher.

ah interesting cheers,


i thing though how much does the lack of reading material for no limit make it harder to learn?

and how big is the difference of the use of mathmatics between no limit and limit holdem?

1 more

How does not being able to see and therefore read you opponents cards when playing online affect the strategy of online nl to live nl?

Thanks

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Wealthymarketer, the latest and greatest way to earn online.
wealthymarketer

More people play see the flop at low stakes limit than in NL, by quite a long way usually, i.e you get up to %80 seeing it. Where as when i have played NL, i don't often see more than %40. So in theory i suppose there should be more dead money lying around in low limit games than in NL games. You also need a bigger bank roll for NL.

I think you should try both and see which one you're best at.

I'm a bit like you actually. Still can't decide what is my best game. I was about to give up limit, but am reading SSH, and that has changed my view on limit, so now i play limit ring games and NL sngs.

Good luck.