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All games set up and leg 1 is open for registration, starts at 8.10pm tonight
-
The Punters Lounge £150 added Poker League starts up tonight for MAY and will run for the next 4 weeks on Wednesday nights.
The £150 added by Punters Lounge is shared between the top 3 in the league at the end of the month. Games start at 8.10pm, with a 20min late registration period on top of this. All games are played in the PokerStars Home Games PL Poker Club.
The format is a NLHE 3000 chip tourney in Legs 1 & 2 and a 5000 chip NLHE for final leg. Leg 3 is our PLO Leg with 5000 chips.
> Leg 1 : Wednesday 8th May at 20.10 BST in the PL Poker Club Home Game - NLHE 3000 chips
> Leg 2 : Wednesday 15th May - NLHE 3000 chips
> Leg 3 : Wednesday 22nd May - PLO 5000 chips
> Leg 4 : Wednesday 29th May - NLHE 5000 chips - (double entrants in points formula)**
Buy in is $5.50 per leg.
Your top 3 scores of the 4 legs will count towards your league total. We will be using the usual PL poker league format, which will be updated in this thread. (The PokerStars own league scores will not be used.) Formula is -Log(position/Entrants)x100
To help boost numbers overall and in particular in the final leg we are continuing the system of doubling the number of entries used in the calculation in leg 4 (**so if 10 entries the formula will use 20 entrants). This will increase the number of points available in the final leg to make it more competitive.
All members are welcome, however you must post in this thread if asked to let us know your forum username, otherwise your placings and scores cannot be included in the league. New players are always welcome to join in, so please spread the word and invite your friends to the forum so we can keep the weekly numbers up and remain viable.
£150 Added Value & Punters Lounge Merchandise
The £150 added will be split between the top 3 players of the league end, with £75 to the league champion, £45 to 2nd and £30 to 3rd. This will be payable via PayPal at the end of the league. Big thank you to Punters Lounge for the added funds.The league winner will also get Punters Lounge merchandise, which consists of our logo mug and pack of 10 pens. Unfortunately due to supplier shipping restrictions we may be unable to provide these to members who live outside of the UK.
To join the PokerStars PL Home Games Club:
club id = 744199
password = PLPokerClub
We also have a PL Poker Club Facebook group where regular reminders are also posted.
Please request to join. https://www.facebook.com/groups/524375907722928/
Good luck!
League Table
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On 5/1/2024 at 9:58 AM, tonythepaint said:
Quick question.
How long have you regulars been posting your tips and have you been successful.
I'm going to give it a year to see if I'm profitable. If not I'll drop it.
Cheers Tony
Hi Tony - I've been betting golf tournaments (mainly PGA) for about 18 months. Across 2023 I was up 64% but in 2024 I was down 26%. Overall that leaves me up around 26% on my initial balance.
As a rule golf betting is quite high variance - you can go many tournaments without a win, but when the win comes in it'll often cover your losses and fatten up your bank to cover you stakes in the next few tournaments.
A good recent article to illustrate this variance - https://www.bookiebashing.net/2024/05/07/you-only-swing-when-youre-winning-2024/
IMHO a 1 year timeframe is too short to form a view on whether you are a profitable golf better.
Take this year so far - most tournaments have either been won by Scottie Scheffler (at a short price) or won by relative outsiders. Unusually, very few if any quality PGA events have been won by guys in the 20/1 to 40/1 bracket (...which is usually the sweet spot).
Very few golf betters who haven't bet heavily on Scheffler will be in profit in 2024. That doesn't mean their strategies aren't profitable in the long run.
What I'd recommend, to help with variance...
- Back a few different golfers per tournament (...and analyse their odds so you know what % of the market you are backing with your choices)
- Back each-way (...so you get rewarded for near misses)
- Don't blindly bet with the same bookie every time. Look at the place terms and compare them using a tool like the one below to see which is best value
https://www.golfforecast.co.uk/blog/Each-Way-Golf-Bet-Value-Comparison
- Look for value in alternative markets (e.g. Hovland for Top European, Jaeger to finish in Top 10)
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I've had an e/w bet on Homa for FRL at 28/1 and played the resulting freebie on Jaeger e/w at 55/1
Here's the top of the market for the spreads on finishing positions this week. Essentially you sell where you fancy a player to do better than his quote or buy if you think he'll do worse (which feels contrary to many spread betting markets in terms of being the opposite way round).
#
You could use this as a yardstick to compare how a player is priced in the fixed odds markets, e.g. if you're trying to decide between two 100/1 shots see if one of them is rated much better to the other on the spreads. For this week let's go with a 1 point paper trade of 5 players mentioned in this thread and see what the return would have been.
Sell Clark at 21
Sell Homa at 24
Sell Hovland at 28
Sell Jaeger at 31
Sell Tway at 42
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16.45 Chester Remarkable Force 10/1 b.vic
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.thumb.JPG.8c5a15b710f7a4188ce438df64354c1e.JPG)
#
