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re: Mike Postle "Cheating Allegations" in Poker

Posted on 10/9/19 at 4:44 pm to
Posted by Splackavellie
Bayou
Member since Oct 2017
11441 posts
Posted on 10/9/19 at 4:44 pm to
Yeah, was an interesting listen. I haven’t followed the story too close but was aware of it.
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5604 posts
Posted on 10/9/19 at 4:47 pm to
quote:

How much has he won?



About $250K over the course of a year and a half, I believe.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452011 posts
Posted on 10/9/19 at 5:11 pm to
Standard 1-3 winnings
Posted by rolltide32
Fort Payne, AL
Member since Nov 2013
6569 posts
Posted on 10/9/19 at 5:22 pm to
quote:

About $250K over the course of a year and a half, I believe.


When they included mix game streams including Pot Limit Omaha and Pot Limit Omaha Hi Lo and a couple of missed Holdem streams it was up to +$326,000 with 77 of 87 winning session in 2018 and 2019

Playing $1-$3 and $5-$5

Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5604 posts
Posted on 10/9/19 at 5:35 pm to
quote:

77 of 87 winning session in 2018 and 2019


That's not even close to possible.

This guy is a greedy fricking moron for thinking he could make this win rate look legit.
Posted by rolltide32
Fort Payne, AL
Member since Nov 2013
6569 posts
Posted on 10/9/19 at 5:41 pm to
quote:

This guy is a greedy fricking moron for thinking he could make this win rate look legit.


Probably has 1 or 2 guys he's splitting it with helping on the inside to feed him the cards so he just kept pushing the envelope.
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5604 posts
Posted on 10/9/19 at 5:44 pm to
Oh there are definitely announcers and/or other casino employees involved in this scam.

There is no other way that he could have justified this kind of win rate without the help of other people making him out to be poker Jesus.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
17511 posts
Posted on 10/9/19 at 5:46 pm to
quote:

people making him out to be poker Jesus.


I hear that may of been part of a PR stunt so players can come and play against a poker god.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452011 posts
Posted on 10/9/19 at 5:51 pm to
That's 100% what it was. Why the casino looks so bad and may end up in serious trouble (lawsuits and regulators don't like fraud)
Posted by Scruffy
Kansas City
Member since Jul 2011
75097 posts
Posted on 10/9/19 at 5:53 pm to
quote:

That's not even close to possible.
Wait, are you saying a win percentage of 89% isn’t possible in poker?
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5604 posts
Posted on 10/9/19 at 6:20 pm to
The win rate combined with the way in which he wins the hands. He makes nearly flawless moves over these sessions, especially on the river. Go watch some of the hands on YouTube; it's insane!

LINK

quote:

But Duncan Palamourdas, a math professor and UCLA extension instructor with specialization in poker education and author of the forthcoming book, Why Alex beats Bobbie?“, told Casino.org that, according to reports from analyst Doug Polk, Postle “never lost a game in something like 11 sessions, booking around $60k. From a purely mathematical standpoint, this is already unlikely.”

Palamourdas explained that “a very winning poker player has, at best, a 70 percent chance of booking a win in these kind of games. Even then, a player of that caliber would only have less than a 2 percent chance of booking 11 wins in a row. Much less, if we take into account that all [of] Postle’s wins were pretty significant for the stakes he was playing.”

The allegations have charged Postle somehow knew “the hole-cards of his opponents,” Palamourdas said. “Apparently, there has been no formal proof, but only substantial circumstantial evidence.”

Palamourdas noted, too, how analyst Joey Ingram claimed Postle “pretty much played each river nearly perfectly, and only lost when he failed to bluff a weak hand out of the pot.”

“There are way more rivers than there are sessions, so even a player who can play, say, 90 percent of those rivers correctly — already a huge stretch, but let’s pretend it is the case, for the sake of the argument — has less than a 0.003 percent chance of playing perfectly over 100 different rivers. That’s 33,333 to 1 against,” Palamourdas said.

“Let’s also not forget that this calculation assumes a player who can make the right river decision 9/10 times,” he added. “If Mike’s skill is more pragmatic, these odds drop substantially.”





VPIP tracks the percentage of hands in which a particular player voluntarily puts money into the pot preflop. VPIP increases when a player could fold but instead commits money to the pot preflop. This includes limping (merely calling the big blind), calling, and raising.

Posting the small and big blinds does not influence the VPIP statistic. These actions are involuntary and therefore give no useful information on player tendencies.

BB/100 = The number of big blinds you win per 100 hands.

The higher your VPIP is the lower your BB/100 should be...generally. But wouldn't you play more hands if you knew what everyone was holding?
Posted by JG77056
Vegas baby, Vegas
Member since Sep 2010
12071 posts
Posted on 10/9/19 at 6:22 pm to
The most damning evidence to me are the numerous times a player’s cards weren’t read by the RFID reader and it’s Postle telling the players instead of the dealer. I don’t know why none of the players caught that and were like ‘how the frick do you know my cards didn’t get read?’
Posted by Walking the Earth
Member since Feb 2013
17318 posts
Posted on 10/9/19 at 6:22 pm to
Yeah but it looks like what really screwed him and finally flipped the switch for everybody else were the hands where he had the clear advantage but always knew to fold because his opponent pulled a rabbit out of their arse.
This post was edited on 10/9/19 at 6:23 pm
Posted by Ed Osteen
Member since Oct 2007
58379 posts
Posted on 10/9/19 at 6:31 pm to
Some give different tests for different groups but most just change up the order if it’s all scantron
Posted by Ric Flair
Charlotte
Member since Oct 2005
13828 posts
Posted on 10/9/19 at 7:21 pm to
Saw a video by gumpenstein or something like that, who pinpointed the transition from phone on the rail to phone in the lap on July 18, 2018 at the 2:01 mark. His win rate exponentially increased after that time.
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5604 posts
Posted on 10/9/19 at 7:57 pm to
Yep! I linked that on page 3. It’s so obvious he’s cheating. Who puts their phone under their crotch like that? Come’on man!
Posted by lsu xman
Member since Oct 2006
16417 posts
Posted on 10/10/19 at 10:52 am to
quote:

Mike Postle, Stones Parties Hit With $10M Lawsuit




quote:

Stones Gambling Hall, Stones Tournament Director Justin Kuraitis (lead photo right) and a number of other unnamed defendants have been hit with a $10 million lawsuit, according to a publicly posted court document from Mac VerStandig, attorney for the plaintiffs.



LINK
Posted by lsu xman
Member since Oct 2006
16417 posts
Posted on 10/10/19 at 11:23 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452011 posts
Posted on 10/10/19 at 11:29 am to
i posted teh complaint on the previous page

poker player Kelly Minkin is one of the attorneys
Posted by FightnBobLafollette
Member since Oct 2017
12204 posts
Posted on 10/10/19 at 12:02 pm to
quote:

poker player Kelly Minkin is one of the attorneys


Lol
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