Pot Odds In Internet Marketing

Many of you know how much I love going to play poker. I get a lot of enjoyment out of it because I love the camaraderie that eventually is created by spending just a few hours with a bunch of people you’ve never met before, commiserating with everyone else who’s either won a big hand or gotten beaten in a big hand. We’ve all been there, and we all have stories to share.

One thing I like to believe I’m good at is figuring out what the odds are that my hand is good or not. Of course, having a good hand doesn’t always mean it’s a winning hand, but more often than not it works out just fine. What I’m not good at is figuring out the numbers, as in what the actual percentage is that favors my hand.

I was reading a blog post called Easiest Way To Understand Math In Poker, where the writer, named Mitchell Cogart (knew I liked him for some reason) was giving some formulas for how to calculate it fairly quickly. It’s still somewhat beyond me, mainly because it takes time to do those calculations, and unless I was playing in a tournament, I don’t like taking that kind of time figuring out anything.

However, it’s the other thing he was talking about that starts to get me into the point of this post. There’s something called pot odds that, to poker players, is very important and very intriguing. In essence, it’s figuring out how much the pot is worth to you in odds versus the odds of you having a winning hand. Just to throw out numbers, if you only have a 30% chance of winning a hand, but the dollars in the pot come out to you having a 55% chance of winning the pot, many poker players will take a chance on the money rather than their hand because they perceive the dollars are so high that you can’t afford NOT to play the hand.

I hear this on poker commentary sometimes on TV. The guy will say “there’s so much money in the pot that so-and-so absolutely has to call the hand, even though he’s going to lose.” On TV, you always know what the players hands are, so you know who’s going to win or lose. But the players don’t know that, so you see them taking time, running through all the calculations in their minds, and then they’ll pull the trigger on hands that most of us would say we know better than to play because we have no idea on how to calculate pot odds.

In a way, you can relate that to trying to learn more about internet marketing. There are a lot of products out there that will teach you something about it. Some are very good and some aren’t all that good. However, what most of us believe is that the more expensive something is, the more we should be getting out of it. Truthfully, that may or may not be true. The “pot odds” are in your favor; after all, why would someone put a $500 product out there that wasn’t going to deliver on what’s been promised, right?

Here’s the thing. Just like everything else in life, nothing works for everyone. It’s possible that the $500 product might tell you everything you need to know to make money, or it may not. It may tell you things to do that your morality won’t allow you to do. For instance, if it said that in order to make lots of money you have to kill a lot of puppies, would you do it? If it said that you had to do what’s known as black hat principles, would you do it?

While I was at my mother’s house on Friday, she was watching this network that was advertising a program called Kell On Earth, about this fashion designer who’s very successful. However, she’s a terror; there’s no way I’d ever want to deal with that type of person on a yearly basis, let alone a daily basis. She berates her employees and other people around her, but justifies it by saying she has to do what she has to do to stay at the top. I’m sorry, but if you have to treat people as if they’re inferior to you then I don’t want to be successful. It’s not my style, and I couldn’t live with myself. Yet there are thousands of people who subscribe to that and believe it’s the way to go. Notice how some are successful, but others aren’t? Once again, no one size fits all.

Some folks thought I was being too lenient when I reviewed Six Figure Blogger Blueprint. The thing is, the book wasn’t really for those of you who have been doing this for awhile. It was also free, not a full course on internet marketing. It got me thinking about things, and any book that does that for me works for me. We all judge things differently. We have to know ourselves, and what we might respond to. Like that book to the right side there, 20 Ways To Make $100 A Day Online. I bought that book, and I think it was perfect for me because I was able to take just one of its principles and turn it into a way to make money. It wasn’t overly expensive, but turned out to be just what I needed. I calculated my odds for finding something I thought I could use, and I turned out to be right.

How do you determine whether something might work well for you or not? Do you even try anymore? I say that at the risk of jumping into Sire’s response, because I know he’s said more than once that he won’t pay for anything anymore, after being burned many times early on. Has that happened to some of you as well? I’d really like to know.

14K Yellow Gold Diamond Heart Bracelet

14K Yellow Gold Diamond Heart Bracelet

Price – $404.08


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Are You Regular?

Maybe I’m writing this post because I’m now 50, because I certainly can’t see me writing something like this even when I was 40. We’re about to talk bowel movements, folks; serious stuff here, but if you’re uncomfortable reading about it, move on to something else now. Great Sunday fare, this will be.

Here’s the thing. I’ve had problems going, as in #2, since I was a kid. I don’t really know why, I just did. But I never mentioned it to anyone. I just went about my business whenever my body said “it’s time”, and that was that. Sometimes I’d go daily, but most of the time I went every 3 to 4 days. Talk about being uncomfortable, and dealing with pain.

As I’ve gotten older, I started to find that I couldn’t deal with the pain as well anymore. Man, stuff starts to beat your body up as you get older. Not only that, but sometimes it wasn’t just the pain, it was everything else. Many times it was worse than spending 30 minutes working out on the treadmill. Legs would actually get quivery, if that’s a real word, and I was finding myself having to rest upwards of a half hour before I could get my heart to stop beating heavily. Talk about workouts!

Yeah, there were some other problems as well, but I knew it was time to do something. What many people don’t know is that one of the major places where people have heart attacks is on the toilet; how about that for a stat? Where I live, shoveling snow is number two, but worldwide, number one is sitting on the toilet. I know I’m not the only one who’s ever experienced this issue, obviously. But I finally did something about it.

I went to a proctologist, although it turns out they don’t necessarily like going by that term anymore. Instead, they want to be called colorectal surgeons. Hey, whatever right? Trust me, it was an embarrassing thing for me to do, but I had to decide pain versus embarrassment, and pain won out. No one likes being in pain, and I had to get this issue under control.

I was really worried that I might also have hemorrhoids, and that’s no laughing matter either. I know a few people who’ve had that operation; it’s not a day in the park. Like I needed anyone cutting on me again; I’ve already had both a hernia operation and an operation on my breast to remove a lump. A hemorrhoids operation sounded like no fun at all.

So the guy checks me out and says I “only” have fissures. That’s still painful, but it could be helped. However, it was the other issue I was having that he said was the thing to address. And he recommended something called Miralax. He said it wasn’t necessarily a laxative; in other words, it might not necessarily make you go. What it would do, though, is break down whatever it is that makes things not want to come out when it’s time so that there would be no more pain, and my body could heal.

Just so you know, in my life I’d tried a lot of things. I’d even gone the Metamucil route, thinking that might fix things; nope. But this Miralax thing is something else. It did end up making me go more regular, as long as I remember to take it. It makes things much easier across the board. I get that stuff out of my system, it doesn’t hurt anymore, my body has healed, and man, life is just better.

I’m here to tell you that embarrassing or not, pain and suffering isn’t worth it. To me, this issue is more important than the Viagra thing any day of the year (okay, I don’t have that as an issue, but that’s certainly never been a painful thing for anyone as far as I know). And it affects both men and women. I’m reminded of it a few times here and there when I forget to take it for a few days; call me a moron at those times, but I’m not giving up on it ever again.

By the way, it’s not inexpensive really. It costs around $20 for a 17.9 oz bottle. But it’s worth it, and it certainly lasts longer than a pizza will (and it’ll help you get that pizza back out of you if you’ve asked fro extra cheese, which is how I usually get my pizza).

Look at that; another adult conversation for a Sunday. Any comments?

Christie Martin Jewelry Candy Heart Charm Bracelet

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New Facebook Changes; This Is Better?

Yesterday evening I signed onto Facebook to notice that there have been changes to the format once again. Please, someone tell me why they keep changing things there that don’t need changing.

The most immediate change I noticed was moving the options for doing things at the top of the site to the right rather than keeping them to the left. Since we here in America read left to right, I can’t say I was happy with that.

Next I noticed that the little image thing we used to see at the bottom left that took us to applications we wanted is now gone. It hasn’t been replaced, which is irritating as well. Now, to get into any applications, you always have to go back to the home page, where you have a menu to the left that I haven’t quite figured out yet how to modify so I can see the apps that I go to the most often.

Also, I tried to tag a couple of photos last night, which used to be a very easy process, and had problems doing that as well. First it wanted me to add a new application, which I turned down. Then when I was finally in the images section, I would select the tag tool, but whenever I clicked on the picture it would leave. Man, stuff just didn’t want to work with me last night.

All in all, I’m drastically not impressed with any of the new changes, and can’t wait until someone figures out how to change things through UserScripts.org, which allows you to change things up on the Firefox browser, which I’ve talked about before. I’m never against change, but one hopes it makes things easier and better, not more convoluted.

What are your thoughts about it? By the way, you’re probably going to see Valentines Day products up until the day before Valentines Day, unless I write about something that has a specific product. I hope no one forgets about it; next Sunday folks!

Rose de France and Diamond Heart Ring

Price – $399.00






January Income Report – Changing For 2010

I want to preface this report by saying that, for now, it’s going to be my last report. I have to admit that the numbers are disappointing to me these days, and they don’t seem worth reporting until they start getting much better. So, after this report, you won’t see this type of thing again until I have my first $500 month. And since I don’t see anything to indicate that could be coming up any time soon, it could be awhile before we get another one of these.

So, without further ado, here’s how things looked this month:

Adsense – $64.75
Infolinks – $22.50
Commission Junction – $20.50
Google Affiliate Network – $.90
Grand Total – $108.65

Once again, most of my money was earned via my medical billing site, but the money has gone down, somewhat being replaced by Infolinks. The CJ sale was another one time fluke, and the GAN sale was someone buying a DVD from Barnes & Noble through one of my links, that’s a pretty low percentage, isn’t it?

Here’s the thing. I’ve been giving more and more thought to income lately. Though I’ve said I don’t expect to make a lot of income from this blog because of its nature, it wouldn’t depress me to make something more than once a millenia. The same goes for my other sites as well. The basic ideas are twofold; one, you work on selling your own product, where you get to retain all proceeds from the sale, or two, you work on selling the products of others and accept your percentage from that.

Those are really the only two ways of making any real money online, though some folks will make big money off Adsense by having multiple websites. Frankly, I don’t see myself as a guy who will ever own more than 10 to 15 websites, period, and that could be pushing it. Hundreds of websites; no way! So, since I don’t see myself as a web mogul in that fashion, trying to earn more money through Adsense seems to be illogical. I’ll be happy with what I’m getting now and try to move onto other things.

For instance, the CJ products. That money above was for one lousy sale; if I could get more of those, life wouldn’t be all that depressing. Some of my advertisers market some fairly technical and pricey stuff. For instance, imaging the commission I would earn if someone decided to buy this HJ Namdar Diamond Ring; I’d be living large for a month. I’d be a happy camper if someone decided to purchase one of these World Imports chandeliers also; stunning stuff.

But to get people to buy things like that, I really have to push the sale, market it well, and say some pretty good stuff about it. I’d also have to know it, and truthfully, I only know what I like to look at when it comes to jewelry, and my tastes in chandeliers only goes so far since many times I don’t even notice them (though I’d notice that one for sure). At least I’d feel like I’d have to know them if I were going to talk about them on a blog; if I set up product pages, I might not have to know as much.

Kind of like my sales page over there; I don’t have tons of products on it, as most of the deals are via banner links, but I easily could select products to push and, if there’s a code, indicate that there’s a timed sale of some sort. By the way, I’ve never gotten any feedback really on what people think of that type of sales page, the one next to me holding the parrot, which is always changing because the sales end and new sales come up. What do you think of something like that in general?

Anyway, onward and upward, as the saying goes. Let’s see what the financial future holds in store for me.

12-Compartment Organizer – 38"W Radius Front Desk Top Organizer-Mahogany (9411MH)

Price – $158.95


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