Or as an alternative title: “How to Start a Rumor that You’ve Gone Busto in Poker.” But the real answer to why I lowered my poker coaching rate goes back to a horse who actually was busto. Let’s call him Dwight. Dwight was a good, low-stakes 9-man SNG player, who was always strapped for money and asking for loans to keep him afloat until his next chop. I usually advanced him the small amounts he asked for, until one day suggesting he get another job outside of poker to add in a more consistent income. Soon after, he told me he was starting a part-time job at a coffee house. Later that same day, I saw he tweeted that he was taking on new poker coaching students for $100 an hour. Now don't get me wrong, he is welcome to charge any amount he wants for his services. But this was a guy who had just begged for $50, and was about to get a job that in his country would probably pay about $4-$5 an … [Read More...]
Collin Moshman graduated from Caltech in 2003 with a degree in theoretical math prior to becoming a professional online sit 'n go player. He is the author of best-selling poker strategy books Sit 'n Go Strategy,
Heads-Up No-Limit Hold 'em, and The Math of Hold'em. Collin is also the lead SNG coach for Cardrunners and Pokerstrategy. He lives in Mexico with his wife Katie and dog Wilbur, playing on Pokerstars as tfnc314.