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Archive for August, 2006

PreNup

The Prenup Question

Unfortunately, only about 5 percent of couples heading into marriage actually sign prenuptial agreements. You should consider one:


If you’re bringing significant assets into a marriage.
If you have your own business.
If you have family money.
If you have kids from a prior marriage.
If you are expecting a major inheritance.

If you go this route, make sure your agreement covers in the case of divorce or death: how to divide the property each of you brought to the marriage, how to divide property you acquire after the marriage, how your assets will be divided, how your debts will be handled, and whether each spouse has any financial responsibility for the other’s children from previous marriages.

Most importantly, in order to hold up in court, a prenup needs to be fair. That means each of you needs to have his or her own attorney involved when the agreement is being drawn up, and all assets and liabilities need to be disclosed.
Oh, and don’t wait until the day before you head to the altar to talk about this.
You don’t want a court to later say you “pressured” your spouse into signing.

Enjoy the love, and remember.. it IS a business relationship in the eyes of the State.

Hand Odds #101

HAND ODDS relates to the percentage chance you have of
“making” or strengthening your hand.

For example, if you’ve got a straight draw after the flop,
you want to know your odds of MAKING YOUR STRAIGHT on the
turn.

If you’ve got top pair after the flop, you want to know your
odds of catching TWO PAIR or TRIPS.

And so on.

The fastest and easiest way to calculate these percentages
is to start with the number of “OUTS” you have.

“Outs are the number of cards in the deck
that you think
will give you the winning hand.”

So if you have 5-6-7-9, and you think you’ll only win if you
catch the straight, then the four 8’s in the deck are your
OUTS.

If, in the same scenario, you believe that a pair of 9’s
would also give you the winning hand, then you’d have seven
outs (the four 8’s plus the three 9’s).

Now here’s the shortcut for taking your OUTS and turning it
into the PERCENTAGE chance you have of catching the winning
hand on the next card.

*DOUBLE YOUR OUTS AND ADD 1.*

In numeric form, it looks like this:

(OUTS X 2) + 1 = YOUR % CHANCE

So in the example above, you had 7 outs.
All you gotta do is
multiply 7 by 2, which equals 14,
and then add 1, which
equals 15.

So you have a 15% chance of catching either a straight or
top pair on the next card.

It’s that easy!

Now, if you want to know your percentage chance of catching
your hand by the RIVER– instead of the turn card– here’s
the formula (it’s just as simple):

*QUADRUPLE YOUR OUTS.*

In numeric form, it looks like this:

OUTS X 4 = YOUR % CHANCE [@River]

With 7 outs, you’d have a 28% chance of making your straight
or top pair by the river card.

Presto, you’re done.

Until next post~
Be good, Be WISE.

Ratchet and Roy

Pot Odds #101

“Pot odds is the SIZE OF THE POT compared to
the NUMBER OF CHIPS REQUIRED TO CALL A BET.”

That’s it.

So if the size of the pot is 100, and you have to call 20 to
stay in the hand, the “pot odds” are 100:20– or 5:1.

If the pot size is 40 and you have to call 20, the pot odds
are 2:1.

Simple. Straight forwad.

the life, loves and adventures of Jaesen Rapinan

At present?
For those of you keeping track of me?

I am having a most wonderful time!

thank you for the love and laughter that you have brought into my life.

Namaste’

Wealth #101

My current definition of “Wealth” is:

“Getting what U want~
while passionately enjoying what U have right now!”

PowerMoves!

I just completed a week of some IntEnse cardio~
courtesy of: TrainerDan

One of the Most Powerful Lessons?

Re-integrating POWER MOVES into my daily routine as:
I WILL THE ‘TIRED” OUT OF MY BODY.

Power Moves! are the Quickest way to utilize Ur physiology
to Master Ur emotions and access Ur RESOURCEFULNESS in a hurry!

Q. What does Ur Power Move LOOK LIKE?
Q. How many Power Moves do U have ready access to?
Q. When was YOUR last Power Move?!?~

FEEL

THE

BANG!!!!

“perfect” poker play and what constitutes a “Wise Decision”

Game Theory demonstrates that the most profitable way to perfom at the Green Felt
is not to play so “squeaky tight” as to muck any card combination that does not total up to 20 or 21~

Being able to congruently Bet, Raise, Re-Raise or even Check Raise
with ANY hand with the intention of capturing a pot is a required skill.

The goal in poker is making WISE DECISIONs.
Sometimes a well calculated bluff with a less~than~premium hand-
[whether U get caught or not/ whether U profit on that particular hand or not]
may very well be, considering the circumstances in that moment~
be a WISE DECISION.

We all make many bad decisions,
but the best players win by making fewer bad decisions than others.

~ Barry Greenstien / High Stakes Poker Pro

“We are all equal~
some of Us are just “More Equal” than others.”

~ George Orwell [Animal Farm]

Game Theory

Game Theory [GT] in a Nutshell:

GT is a branch of mathmatics used to analyze competitive situations that depends not only on one’s own choices~
but on those of Others.

The ability to compute game theory and probability calculations assist pros make Wise Decisions.

Qualitative concepts of GT provide a framework for analyzing expert play and ideas.

GT types:

#1 Cooperative GT
In essence~ cooperative GT includes:
a) not quitting when it hurts the game
b) no “hit and runs”
c) no antagonizing of the Phish
d) not disturbing a good game
e) not antagonizing the Table
f) focusing on not beating a catalyst for as much money as possible every session
g) focus on “shearing sheep” ~ not slaughtering them
h) not insulting other players nor encouraging them not to return by ones behavior.

#2 Non-cooperative GT
At the heart of NC/GT as it applies to poker is the concept that if u occasionally bluff~ u can maxamize profits in any given session.

Game theoretical analysis focuses on determining the correct bluffing frequecy for optimal profitability.

In Game Theory Models, when 2 actions have the same EV some randoizing method is often used to determine which one to choose.
While this is a reasonable theory for a Mathamatical Model…. in reality no two situations are ever the same due to sensory acuity fluxuations.

Said another way by an early 1900’s pioneer in Game Theory:

“There is no sense in being precise when u don’t even know what U’re talking about.”

~ John Von Neumann [1903-1957]
Hungarian-Borne American Mathematician and pioneer
in Computers and Game Theory

CHAOS

The job of the successful poker player is to kreate and to profitably exploit CHAOS.

The Kaos Ratchet

What MOTIVATES u? What passions DRIVE u?

Time4aChange~

Financial Change~
Just Like Body [Weight+ Lean Muscle Mass + Body Fat % ] Modification..
requires BEHAVIOUR MODIFICATION.

Stimulus One (A1) Produces Result One (B1)
A1——->B1
A2——->B2

New Stimulus (A2) Produces New Result (B2)

New Results require New ACTIONS~

If U want diffrent result$~
U must DO something(s) diFFereNt!!!

Stregthen Me!

“I can do Everything through God who strengthens Me.”


~Philippians 4:12

E=Mc2 game theory

“Problems cannot be solved at the same level of awareness that created them.”

~ Albert Einstein

Ponderous~

“U are WHERE u eat.”

~unknown

Arise!

“I am not concerned that U have fallen~
I am concerned that U
arise.”

~ Abraham Lincoln

“There is in this world
no such force
as a man
determined to Rise!”

~ W.E.B. Du Bois

2 forgive

She “Got Even” in a way that was almost Cruel…..
…she
forgave them.”

ralph mcgill on: Eleanor Roosevelt

Broke’o Meter

i remember back in July 2006 a bud told me:

“Dude…you’re Broke!”~


I WISH!!!!
~ I’ve still got $8,474 to go before I get to be “broke”!!!! :)

And, btw~ in order to make it~ i gotta get there by 12.18.06 to boot!

“Broke” [per diem]

My Chosen Debt Repayment + Monthly Nut = $8552.00
17 weeks left in 2006.

$8552.00 divided by 17 weeks= 503.05@ week or about $100 per day
[w/ a 5 day work week].

Accelerated Program is 7 Earning Days per week for 17 weeks or 119 days left in the year averaging: $71.88 per day to:

“Get Pleasureably “BROKE” by EOY” :)


[I say "broke" with a smile~ for many live in debt so consistently paying the slave wage to: credit card bills, car payments, mortgage payments~ mindle$$ly spending their way to just stay afloat... halfway under the waters of debt... barely keeping their financial selves from drowing.

I have defined "ZERO" debt owed~ [car, mortgage, credit cards....ALL of my debt.. and will CELEBRATE Financial "BROKE" [free o' debt] Day!!!]

Estimated time of completion of said task: DECEMBER 18th, 2006 at 6pm
I will be (financially) Free at last, Free at last~ thank God Almightly… I’ll be (financially) free (of all of my chosen debts) at last!

So, what do YOUR finances look like currently? Ur not “afraid” to discuss them openly to a close friend

…. ARE YOU?

Poker Physicist

Physics (from the Greek, φυσικός (phusikos), “natural”, and φÏ?σις (phusis), “nature”) is the science of Nature in the broadest sense.
Physicists study the behavior and properties of matter in a wide variety of contexts, ranging from the sub-nuclear particles from which all ordinary matter is made (particle physics) to the behavior of the material Universe as a whole (cosmology).

The most important thing in [Poker] Science
is not so much obtaining new facts~
but discovering new ways of ThInKing about them
.”

~ Sire William Bragg [1862-1942]
Australian Physicist
1915 Nobel Prize laureate in Physics

It’s not that I am so smart…
it’s just that I stay with the problems
[and solutions] longer.”

Albert Einstein [1879-1955]
Physicist

Tread Water Money

k, ~ ever wonder how much it would take to be at “$0″?

well, for the Kid it’s gonna take $8,654.32 to be a Break Even by the End of the Year.
[this includes "non-purchases" such as ongoing Rent, Utilities, etc.]

I am committed to having this widdled down to Zip’ola by EOY.
~will keep U all posted on my progress though my Year of Pro$perity ;)

3%

Suited hole cards vs Unsuited hole cards:

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