Turning a profit on EUFA Euro 2016

Turning a profit on EUFA Euro 2016

Disclaimer: sports betting can be a negative proposition. This strategy does not guarantee a profit so please use at your own discretion.”

Diede van den OudenIt is with great pleasure that I get to introduce Diede van den Ouden. Diede is a profitable Dutch poker player who made a successful transition to the stock markets. His specialties are equities (or stocks) in the short and medium term. Besides investing, his interests include poker, football, darts and politics. He also manages to turn his experience in daytrading and love of sports into positive returns in the sports betting field. Before the start of the European Championships he wrote a piece, in Dutch, about how to turn a profit on this event. He updated his strategy to incorporate the most recent statistics and graciously allowed me to translate his work to English.

Back in 2014, Diede made a few bets during the FIFA World Cup. With almost zero risk he managed to return up to 43% by spreading his bets and without even having to pick the exact winner. How was he able to limit his downside so well while leaving room for almost uncapped winnings? Diede explains:
Continue reading “Turning a profit on EUFA Euro 2016”

Playing your first hand

Playing your first hand

I love watching poker on television! Seeing the hands unfold live in front of my eyes, knowing the holecards and hearing the commentary, it always gets me excited to play. As a poker veteran it is easy to jump into the action. I just start up one of my favourite poker rooms, load my account with some funds and fire up a cash table or tournament. As a beginning player, however, this can seem a little daunting. In this post I will help you get started competing in online poker.
Continue reading “Playing your first hand”

An evening of tournaments

An evening of tournaments

It is 4 PM on a Sunday. I am feeling happy and bored so I decide this would be a good time to play some tournament poker. Suddenly my phone rings. A friend with car trouble is on the other end of the line. We end up chatting for a bit until road services arrive. We part ways with the promise that I’ll drive her to work the next morning. I can tell by the way she says goodbye that she’s feeling better. While walking back to my computer I suddenly become aware of my breathing. I stand still and check my pulse to see how fast my heart is beating. My heart is racing at over a hundred beats per minute and I wasn’t even the one with car problems! Should I still be jumping into a session knowing my state of mind is compromised?

We all have experienced this in some form or another. In my case it was just a simple distress call from a friend which got my stress levels up. It could just as easily have been the girlfriend, the kids or the dogs. Our ability to deal with these external stress factors is one of the most overlooked keys to poker success. I found out that when I stick to a few simple rituals my mind will snap into poker mode and allows me to bring my A-game. Let’s go over them!

Continue reading “An evening of tournaments”

My journey through the world of Poker

My journey through the world of Poker

In February of 2012 I was living in Rotterdam, the Netherlands. I had just blown through most of my savings and was forced to return to my parental home with my tail between my legs. I am not sure whether or not I was depressed back then but I do know I was up watching reruns of the European Poker Tours on television at 2 in the morning. During the commercial break on one of these nights I grabbed my laptop and googled “How to play poker”. By a stroke of good fortune this turned out to be my financial salvation.

I ended up on a website called The Poker Bank which was an incredible resource for a new player back then. After reading most of the articles there, I moved on to the video section of the website. It was there that I learned about James “SplitSuit” Sweeney. He was a relatively unknown poker professional and coach but showed strong results and an even better understanding of poker theory. I reached out to him by e-mail and requested a coaching interview. A day later I received word from him and within 36 hours we agreed to a coaching program. To say I was impulsive back in the day is an understatement but fortunately James was legit.

Like most people I started out playing $0.05/$0.10 full ring no-limit texas hold’em. With James’ help I quickly advanced through the $0.25 and $0.50 cent limits and ended up playing $0.50/$1.00 on the PokerStars website. I did alright for a while but started to lose interest in the format. It was a bit slow for my taste and required playing a lot of tables to make a decent wage. After careful consideration, and encouraging words from James, I decided to give the 6-max tables a try. The action was fast paced and definitely more enjoyable than full ring, but, this too could not hold my interest for very long. I needed change.

Continue reading “My journey through the world of Poker”