Charlie you are really good at speaking man. Some of the things you say is so true and it relates to what I’m feeling and going through. Poker at one point made me have suicidal thoughts when I was on a huge downswing, complaining about bad luck, variance was never on my side, etc. It took me awhile to accept the loss and realize it’s not just bad luck but my bad play style. Thanks for keeping the game alive
I quit playing seriously after a few very good years and a really hard one somewhere around 2012/13, because I figured that the game doesn't provide any freedom at all (at least not for me playing 99.9% online), I'd always be a slave to a random number generator and I'd have to put in sooo many hours. It was only a side hustle for me besides starting a company in 2008, and it f*cked up my sleep cycles and my health so bad at the time. Putting the same energy into building a business für 5-7 years can provide much more freedom in the long run. Still love the game though (for fun)
I just may have needed to hear this... Im JUST getting into poker for real (played house games always for yearrrrs with buddies, etc.) but I own a pretty decently sucessful landscaping company. That said- I have already seen my sleep scheudle get worse and my energy for my business go down. I like to fancy myself as a decent poker player, but after some losses, it makes me really think negative thoughts since its my HARD earned money and time being spent.
@@JoshxKoz I just want to add a few more thoughts: 1.) The game is, and will always be addictive. No matter if you win or lose. 2.) Even if one is a winning player: What value does he provide? To family, society, the world? Does it give a life purpose to be running after the money by clicking buttons day and night? 3.) I came in late at the end of the online poker boom, but the years 09, 10, 11 were still like printing money. You only needed to be educated a little and could take huge profits . These times are clearly over. Back then you could play against the whole world online, which brought huge player pools into the games. Today these markets are separated, and you already need to be an expert to even beat the small stakes 4.) If you consider playing live poker (casino) for a living, you need to have a huge bankroll and even invest more time in the beginning. 5.) You need to be able to take huge downswings mentally 6.) A poker lifestyle will more often than not be a real killer to a happy relationship and it will always be unhealthy. 7.) If you're sick you don't make money, if you need a break you don't make money and if you ever stop, the cashflow is over aswell. But if you put your energy, time and effort into growing your business and keep up providing value to your customers, you could one day be financially free and independent, while doing what you love (unlike poker your landscaping business can never be an addiction :D ) But if you think you are the next poker prodigy and have an extraordinary understanding of the game, belong to the top 0.001% and are able to consistently beat the tables, turning hundreds in to millions, and still are able to live a healthy live, I'd say go for it. The great thing about poker, when it's only a minor hobby, is: There's no pressure, because you don't need to win to survive in real life. All the best!
@@redsprite81 Dude, I NEEDED this. Last night I lost a BAD hand in an all in on the river. $1200 hand. Realllllly hurt and I couldnt even sleep.. Kept thinking about it. Now I genuinely see the bad side of poker... impacting my sleep (which obviously effects my daily life and business) It just sucks because I do think Im a 'decent' poker player... I hate getting river'd. I hate loosing 1200 (a decent landscape job.. waste of a half week) Thanks man. Those 7 extra insights help me see it the way youre painting it.
Thank you Charlie Carrel for this video. It was nice to see LSE opening a spot for you to talk with people who are, by the questions, very much into playing poker. I loved your views, incorporating your personal growth journey alongside your - very unique - career, and seeing how you've grown in the process. It was also inspiring to hear from yourself - one who is at the top of their game - that others who are also making a lot of money through this game, are not always perfectly clued up on optimum strategy / mindset etc. Interesting to hear your views on other careers, in the context of freedom and what it means to be able to choose what to do with your day. I am a medical doctor working in the UK. I turn up to work most days loving what I do, whether that be the 'stuff that hospital people do' and, in those cases where I have to undertake CPR, it is a privilege to be part of the process of saving lives. In that sense, freedom is loving what you do; and the opportunities that certain careers give, including the meaning it can provide to ones' life. I loved your commentary on what freedom means to you and I fully agree with the importance of freedom. I also love playing poker, but I play mid-stakes tournaments, and love it. I wonder how, then, you incorporate the final statement of the talk, i.e. finding a bigger purpose, with the specific mention of being able to help a stadium full of people, with what you said earlier about personal freedom. I would love to hear how you tie these things together, from your point of view. Thank you.
Great video Charlie. Some great facts about spirituality & Intuition with poker . I found poker after a spiritual awakening, now its helping me grow in both area's. This is why your my favourite poker star 🌟
I love this lecture. I love that you touch on your level of spirituality and interconnectedness to the world and how it relates to poker for you. I definitely connected to and benefited from this. Thank you for sharing.
@@mcpartridgeboy everyone is different and takes a part of them in to game. That is a part of him. How they think how they destress, etc. I'm sure you have your things mentally you take in to the game.
Charlie I've known you are great at poker but that's it. Hearing this talk I have new respect for you. I can see why the London School of Economics invited you to give this talk.
un tip compañero, para que seas mejor profesional de poker, deja de tiltearte por un mano que te gano un fish, es mas agradece que existen esos jugadores por que gracias a ellos los profesionales ganan. cuando me empece a focusear en mi juego y no en el de ellos ..subi rapiddimo y ahora juego nl 300 tranquilo.
Ask them if there is a still a 25/50p game in the sheik Zayed theatre on a Saturday. Never learnt how to play properly, but I’ve had a great career as a dealmaker/ negotiator off the lessons I learnt in that game
Great talk. Did not have time to watch it all yet but I think the biggest takeway on GTO vs Human play is that bluffs/value are always balanced in GTO land and in reality they are so unbelievably unbalanced that it is foolish to play GTO and you can hugely exploit those that are, for example: Btn opens and you 3b in SB holding AKo, btn calls and flop is AKT rainbow, you cbet small and V must continue with his JJ and he cannot raise as you also want to keep in bluffs when you are repping a straight, turn blank you bet, river blank you shove. Now JJ should call here at some frequency as you are blocking the nuts and should even raise turn but in reality for villian it is completely retarded as you will just never find the 65,87,98 etc bluffs you should triple barrell as the aggressor as some frequency. Let me know if I'm wrong on this Charlie and community :)
Holy shit Charlie you just gave me a huge epiphany. Thank you so much for the gateway to introspection about how I feel about money. Growing up we never had much. When I think about getting rich, I get so excited. But when I get so excited, I feel like a loser. Because it's not happened. And I feel like being rich is for other people, and not me. This is clearly - EV. LOL. Now I know I have this problem, I need to go fix it =) Thank you so much senpai. P.s. what a well delivered lecture. You should be super proud of yourself.
This video made me quit my job and go all in on poker. If it doesn't work out, it wasn't meant to be. But that won't happen. I will not give up. I am ready to change my life for the better. I am ready for the swings.
@@DLindstad1913 Go for it! What I did, I kept my job and still did it and I paid off my entire house with the winnings. I loved the stability of a job plus the income of poker. Mathematically you can risk way way more and play way higher if you have a stable 2nd flow of income. If you have a fixed bankroll and need to live off the profits the pressure is so much higher than when you have a bankroll PLUS a stable fixed income of a job. The combination was gold for me.
@@DLindstad1913 incredibly naive to quit your job before establishing yourself and grinding out a significant winrate. I am a pro of 6 years and when you say 'I am ready for the swings', you don't have any idea what you're about to get yourself into. You need to be able to run 30 buy ins below ev and not even bat an eyelid.
@@travisbickle0526 Thank you for your concern! I have saved up over 700k $ the last 8 years. When I say I am quitting my job, im talking about a job im working 12hours a day for 5 days a week. When I say I am ready for the swings, I mean that I am ready to face it. It might break me, but how will I ever know, if I never try? I won't play tournaments I cant buy into 150+ times. I am aware of what risks i'm taking. But again, thank you!
It doesn’t matter how good of a poker player you are. Variance is very real. You can run bad, (unlucky). For months or years. It’s still a game of luck. The edge is very close in winning players. The discipline and money management is extremely difficult. And even if you exceed all of that. You better keep studying as the game constantly evolves. And I’m speaking from the experience of a person who played semi professionally for years. Don’t quit your day job.
that's funny you saying that spent my whole life as trans and I totally expect to be bullied and yes it is an advantage because i am always ready for it and poker I love to capitalize off the bullies
Philosopher Charlie. I play a lot and use your techniques but I have not been able to put it into words like you did. It is a beautiful game. I've had FBI training in interview interrogation, statement analysis, body language under stress and have used it pretty well. Human tendencies and betting cadence is what I look for. I think the perfect poker players are men with less ego and women who lean forward towards a target. Spiritual, emotional, physical and financial are my self checks everyday....striving for balance in these four metaphorical food groups. If I see you at the lodge I will introduce myself. You are well on your way to humble GURU status. v/r D.Vines
He said sometimes. His example of the bookshop makes it clear what he thinks of. Obviously there is a uppper limit how many bookshops are needed/sustainable in an economy (and for everything else). When that limit is exceeded it becomes zero-sum.
@@MrSitemaster2think it’s that there are annoying things about Charlie’s personality. I have to stop myself from writing trolling comments because of it 😅
@@BoRnMuSh These two things aren’t mutually exclusive. He won some relatively small field high roller events back in the 2010s. This has no bearing on whether he can beat midstakes cash in 2024. Please point to evidence of this if it exists.
Agree Mr C did well were most of us will fail yes Charlie thinks outside the box alot and raises eyebrows but one thing you cant deny is his honesty and realism 😊
Being an excellent poker player requires awareness seeing where your opponent coming from and constantly breaking your playing pattern. This requires dedication and focus to stay in the flow If you find a job easily bored and staying out of the track, maybe you should really question whats your motivation of being on this earth
