...fan blog dedicated to the noted poker authority, Ed Miller, author of fantastic poker books...

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15.6.07

Ed Miller in Las Vegas

Ed Miller is in Las Vegas. Will he play in the World Series of Poker or will he play in the cash games?

This fan bets Ed Miller will play the cash games. Why? A few reasons:

  1. Cash games are profitable. Cash games during tournaments are filled with the people who busted out of the tournament. They are bigger, fatter fish than normal. They've just played for hours and hours so their concentration isn't as good. And they're beating themselves up for getting knocked out or they're trying to prove something. Either way, they're not playing as well as they should.
  2. Cash games offer more flexibility. Miller has said he prefers cash games because he likes the flexibility. He's on vacation in Las Vegas. He probably doesn't want to work 10-14 hour days playing a tournament. He'd probably rather chill out and rake in the dough at the cash games playing 2-4 hours at a time. Maybe he'll spend the rest of the time enjoying Las Vegas.
  3. Ed Miller is modest. He doesn't have anything to prove. He doesn't need to tell the world he's a poker superstar. Smart people figure out Ed Miller's a strong poker player without needing a TV show or magazine to tell them.
  4. Tournaments are more risky than cash games. The way tournaments are played is very different from how cash games are played. The result is that an entry fee into a tournament has a low shot of making a lot of money while the same entry fee amount has a high chance at doubling or tripling in a cash game (when played by a skilled player). In general, tournaments involve more luck than cash games do.
  5. Ed Miller is a poker pro, not a gambler. In fact, he tends to shy away from high risk. He's not the guy who will win big at the poker tables and then take that money over play roulettes. Here's the analogy: Poker tournament players are day traders while poker cash game players are Warren Buffet type of investors. Ed Miller and Warren Buffet have some things in common.