Poker pro Daniel Cates shares advice on how to stay mentally tough even when you're losing, why reading people is the biggest skill you need in poker, and the mindset he used to become great at poker.
The 32-year-old millionaire poker champ got featured on the series "Top of the Game" by CNBC Make It. The series takes a deeper look into the habits, mindsets and routines that top athletes use to[...] Read more » Dan "Jungleman" Cates on Reading People and how to stay Mentally Tough
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2118
Man , I see these high rollers and super high rollers , it's so crazy to play these events , so much money at stake . A normal guy would play 100-1500 dollars tourney , the bigger bankroll guys can play the $10.000 tourneys , but then you see these crazy high rollers , playing even 50.000 or 100.000 dollars , in one tourney , it's crazy . Just imagine a downswing for these guys , it would mean many millions of $$$ down , wow , you really need to be very good player , have good mentality , big bankroll and , why not , also have a good sponsor . Normal guys if they win $1M would mean life changing money , a miracle , but for these high rollers , $1 M more or less would not mean too much , lol
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13302
there are large sums of money that take the players' minds and they risk a lot because adrenaline is something very beautiful for many of them. Even we would do the same because money is also made through many risks....
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5370
every year there are new high level poker players and that is very good, I also want to say that we all have opportunities to achieve to become professionals in poker, it depends a lot on ourselves, it is not easy, but it is not impossible, this player is a clear example of perseverance.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5370
this is a great player, I always see him playing at high levels all over the world, you always learn something new when I see him play, we know that these players started from the bottom and he is a clear example of overcoming.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13302
it is normal for him to play at a high level since he is a professional and cannot waste time on small stakes. There are professional players who play online at lower stakes to win nice money, but the big sharks play for nice amounts.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5370
That's right my friend, big players like him always play in big events, they are used to play with big money, they are very confident and their hands don't tremble when playing these high stakes games.
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2118
He is very young , although I thought he was a little older than he actually is . He will be playing for a long time , although you can never be sure for this . Some events in someone's life , or if they win enough money so as to withdraw from the game once and for all , yeah , these can happen . Also game evolves all the time , tougher and tougher , very hard to keep up with the antagonists , especially online that's even more true imo . Of course Dan Cates has solutions for all these ,he is a great player
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5370
Most high level players have already secured their future, they have worked from a very young age to achieve their goals, this player has a beautiful story of overcoming, where we all have the opportunity to achieve many things with poker, but always with hard work and discipline.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5370
With the money he accumulates from long years of playing, he will have enough money to play all his life. It is not easy to keep at the highest level for many years, but this player has shown that with hard work you can achieve your goals.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13302
he knows how to play much better than other professional players who have ruined themselves many times and then always recovered from the bottom. Others players have ruined themselves and disappeared from professional poker for longer periods or permanently.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5370
I think the players who have been ruined playing poker after being at a high level is because they have not had discipline, I have seen cases of players who have not known how to take care of their bankroll and ended up in ruin, it is very important to have a lot of discipline and play at levels that you always feel better and winning of course.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13302
Gus Hansen is one of these players, but he had the discipline, also had a lot of bad luck. He once lost over 20 million dollars. He was ruined few times, but now he is trying to come back and maybe he will succeed. I don't know his results from the last two years.
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5370
Discipline in poker is very important, Gus Hansen in his time was competing with the greats of the moment in omaha online, and so far accumulated losses of more than 20 million dollars in the Full Tilt Poker room, his mistake was to play in levels and with better opponents in the field, we must know what level we are and play the level that best dominate and not skip.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13302
I suppose that he has a lot of experience and will be able to keep money from his earnings for his personal life as well. Dan Cates is also an excellent player, much more serious. with his head on his shoulders and he knows how to play, so as not to ruin.
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2118
I do not know or understand stand why Gus Hansen kept on playing online poker , despite the great losses that he had , I wonder was all his money or maybe much of this was money from his sponsors ?? I do not get it , if you cannot win somewhere , you have to stop , play sth different, these pros are serious players , going for max value and profit , not like some loose whales who play fun or friendly poker
