How To Bet On Sports: Spread, Money Line And Game Totals

General Election Polling Discussion Thread (July 19, 2020)

Introduction

Welcome to the /politics polling discussion thread for the general election. As the election nears, polling of both the national presidential popular vote and important swing states is ramping up, and with both parties effectively deciding on nominees, pollsters can get in the field to start assessing the state of the presidential race.
Please use this thread to discuss polling and the general state of the presidential or congressional election. Below, you'll find some of the most recent polls, but this is by no means exhaustive, as well as some links to prognosticators sharing election models.
As always though, polls don't vote, people do. Regardless of whether your candidate is doing well or poorly, democracy only works when people vote, and there are always at least a couple polling misses every cycle, some of which are pretty high profile. If you haven't yet done so, please take some time to register to vote or check your registration status.

Polls

Below is a collection of recent polling of the US Presidential election. Where the same poll applied different screening methodologies (All Adults, Registered Voters, Likely Voters), the result is shown as the most restrictive (Likely Voters > Registered Voters > All Adults). This is likely incomplete and also omits the generic congressional ballot as well as Senate/House/Gubernatorial numbers that may accompany these polls. Please use the discussion space below to discuss any additional polls not covered. Additionally, not all polls are created equal. If this is your first time looking at polls, the FiveThirtyEight pollster ratings page is a helpful tool to assess historic partisan lean in certain pollsters, as well as their past performance.
Poll Date Type Biden Trump
Fox News 7-19 National 49 41
ABC News/The Washington Post 7-19 National 54 44
Gravis Marketing 7-18 South Carolina 46 50
Public Policy Polling 7-18 Michigan 51 44
Garin-Hart-Yang Research Group 7-16 Kentucky 41 53
OH Predictive Insights 7-16 Arizona 49 44
Democracy Fund + UCLA Nationscape 7-17 National 49 41
Alaska Survey Research 7-17 Alaska 48 49
Monmouth University 7-15 Pennsylvania 51 44
NBC News 7-15 National 51 40
Ipsos 7-15 National 47 37
Quinnipiac University 7-15 National 52 37
YouGov 7-15 National 47 39
Rasmussen Reports 7-15 National 47 44
Monmouth University 7-15 Pennsylvania 52 42
YouGov 7-15 National 49 40
Morning Consult 7-15 National 47 39
Change Research 7-15 Michigan 48 42
Change Research 7-15 Wisconsin 48 42
Change Research 7-15 Pennsylvania 50 42
Change Research 7-15 North Carolina 47 46
Change Research 7-15 Florida 50 43
Change Research 7-15 Arizona 51 45
Change Research 7-15 National 51 41
Gravis Marketing 7-14 Texas 44 46
Gravis Marketing 7-14 Florida 53 43
Civiqs 7-14 Montana 45 49
Redfield & Wilton Strategies 7-13 National 48 39
RMG Research 7-13 National 46 39
YouGov 7-13 Missouri 42 49
Public Policy Polling 7-13 Montana 42 51
GQR Research (GQRR) 7-13 Nebraska CD-2 51 44
John Zogby Strategies 7-12 National 49 42
Gravis Marketing 7-12 Georgia 45 48
YouGov 7-12 Arizona 46 46
YouGov 7-12 Florida 48 42
YouGov 7-12 Texas 45 46
University of Texas at Tyler 7-12 Texas 48 43
GBAO 7-10 North Carolina 48 46
GBAO 7-10 Arizona 47 46
GBAO 7-10 Iowa 45 48
Morning Consult 7-10 National 48 39
Auburn University at Montgomery 7-10 Alabama 40 55
Data for Progress 7-10 National 51 41
Public Policy Polling 7-9 North Carolina 50 46
Public Policy Polling 7-9 Alaska 45 48
Harris Insights & Analytics 7-8 National 43 39
Rasmussen Reports 7-8 National 50 40
Ipsos 7-8 National 43 37
Opinium 7-8 National 52 40
Research Co. 7-8 National 49 40
YouGov 7-8 National 49 40
PureSpectrum 7-8 National 47 37
Public Policy Polling 7-7 National 53 42
Trafalgar Group 7-6 Pennsylvania 48 42
Public Policy Polling 7-6 Maine 53 42
Trafalgar Group 7-3 Florida 45 45
YouGov 7-2 National 45 40
Monmouth University 7-2 National 53 41
YouGov 7-2 Texas 44 48
Public Policy Polling 7-2 Texas 48 46
University of Montana 7-1 Montana 37 52
Garin-Hart-Yang Research Group 7-1 National 55 41
Gravis Marketing 7-1 Arizona 45 49
Public Policy Polling 7-1 Michigan 50 44
Ipsos 7-1 National 46 38
Harris Insights & Analytics 7-1 National 56 44
Public Policy Polling 7-1 Colorado 56 39
IBD 7-1 National 48 40
Data Orbital 7-1 Arizona 47 45
YouGov 7-1 National 49 40
Morning Consult 7-1 National 47 40
Change Research 7-1 National 49 41
Change Research 7-1 Arizona 51 44
Change Research 7-1 Florida 50 45
Change Research 7-1 Michigan 48 43
Change Research 7-1 North Carolina 51 44
Change Research 7-1 Pennsylvania 50 44
Change Research 7-1 Wisconsin 51 43
East Carolina University 6-30 North Carolina 45 43
Suffolk University 6-30 National 53 41
Pew Research Center 6-30 National 54 44
Garin-Hart-Yang Research Group 6-30 Missouri 48 46
Siena College 6-30 New York 57 32

Election Predictions

Prognosticators

Prognosticators are folks who make projected electoral maps, often on the strength of educated guesses as well as inside information in some cases from campaigns sharing internals with the teams involved. Below are a few of these prognosticators and their assessment of the state of the race:

Polling Models

Polling models are similar to prognosticators (and often the model authors will act like pundits as well), but tend to be about making "educated guesses" on the state of the election. Generally, the models are structured to take in data such as polls and electoral fundamentals, and make a guess based on research on prior elections as to the state of the race in each state. Below are a few of the more prominent models that are online or expected to be online soon:

Prediction Markets

Prediction markets are betting markets where people put money on the line to estimate the likelihood of one party winning a seat or state. Most of these markets will also tend to move depending on polling and other socioeconomic factors in the same way that prognosticators and models will work. Predictit and Election Betting Odds are prominent in this space, although RealClearPolitics has an aggregate of other betting sites as well.
submitted by Isentrope to politics [link] [comments]

General Election Polling Discussion Thread (July 26, 2020)

Introduction

Welcome to the /politics polling discussion thread for the general election. As the election nears, polling of both the national presidential popular vote and important swing states is ramping up, and with both parties effectively deciding on nominees, pollsters can get in the field to start assessing the state of the presidential race.
Please use this thread to discuss polling and the general state of the presidential or congressional election. Below, you'll find some of the most recent polls, but this is by no means exhaustive, as well as some links to prognosticators sharing election models.
As always though, polls don't vote, people do. Regardless of whether your candidate is doing well or poorly, democracy only works when people vote, and there are always at least a couple polling misses every cycle, some of which are pretty high profile. If you haven't yet done so, please take some time to register to vote or check your registration status.

Polls

Below is a collection of recent polling of the US Presidential election. This is likely incomplete and also omits the generic congressional ballot as well as Senate/House/Gubernatorial numbers that may accompany these polls. Please use the discussion space below to discuss any additional polls not covered. Additionally, not all polls are created equal. If this is your first time looking at polls, the FiveThirtyEight pollster ratings page is a helpful tool to assess historic partisan lean in certain pollsters, as well as their past performance.
Poll Date Type Biden Trump
YouGov 7-26 National 51 41
YouGov 7-26 Michigan 48 42
YouGov 7-26 Ohio 45 46
Marist College 7-26 Arizona 50 45
SSRS/CNN 7-26 Michigan 52 40
SSRS/CNN 7-26 Florida 51 46
SSRS/CNN 7-26 Arizona 49 45
Gravis Marketing 7-25 Pennsylvania 48 45
Echelon Insights 7-24 National 50 37
Echelon Insights 7-24 National 49 40
Echelon Insights 7-24 National 51 41
Echelon Insights 7-24 National 52 43
Echelon Insights 7-24 National 53 38
Gravis Marketing 7-24 Michigan 51 42
Gravis Marketing 7-24 Wisconsin 50 42
Data for Progress 7-24 National 49 43
Data for Progress 7-24 National 49 43
Fox News 7-23 Minnesota 51 38
Fox News 7-23 Pennsylvania 50 39
Fox News 7-23 Michigan 49 40
Global Strategy Group 7-23 National 50 39
Garin-Hart-Yang Research Group 7-23 National 51 43
GQR Research (GQRR) 7-23 National 55 44
Quinnipiac University 7-23 Florida 51 38
St. Pete Polls 7-23 Florida 50 44
Spry Strategies 7-22 Wisconsin 46 45
Spry Strategies 7-22 Texas 44 49
Spry Strategies 7-22 Iowa 47 45
Spry Strategies 7-22 Arizona 49 44
Spry Strategies 7-22 Georgia 45 48
Spry Strategies 7-22 Michigan 45 49
Spry Strategies 7-22 Kentucky 33 60
Spry Strategies 7-22 North Carolina 45 48
Spry Strategies 7-22 Montana 41 51
Spry Strategies 7-22 Pennsylvania 47 47
Harris Insights & Analytics 7-22 National 45 38
Quinnipiac University 7-22 Texas 45 44
Ipsos 7-22 National 43 34
Garin-Hart-Yang Research Group 7-22 Georgia 47 43
Rasmussen Reports 7-22 National 47 45
Public Policy Polling 7-22 Arizona 49 45
YouGov 7-22 National 48 41
Morning Consult 7-22 National 47 40
Ipsos 7-22 National 46 38
Rasmussen Reports 7-21 Pennsylvania 51 46
Rasmussen Reports 7-21 Ohio 50 46
Trafalgar Group 7-20 Georgia 43 49
Cardinal Point Analytics (CardinalGPS) 7-20 North Carolina 47 48
Fox News 7-19 National 49 41

Election Predictions

Prognosticators

Prognosticators are folks who make projected electoral maps, often on the strength of educated guesses as well as inside information in some cases from campaigns sharing internals with the teams involved. Below are a few of these prognosticators and their assessment of the state of the race:

Polling Models

Polling models are similar to prognosticators (and often the model authors will act like pundits as well), but tend to be about making "educated guesses" on the state of the election. Generally, the models are structured to take in data such as polls and electoral fundamentals, and make a guess based on research on prior elections as to the state of the race in each state. Below are a few of the more prominent models that are online or expected to be online soon:

Prediction Markets

Prediction markets are betting markets where people put money on the line to estimate the likelihood of one party winning a seat or state. Most of these markets will also tend to move depending on polling and other socioeconomic factors in the same way that prognosticators and models will work. Predictit and Election Betting Odds are prominent in this space, although RealClearPolitics has an aggregate of other betting sites as well.
submitted by Isentrope to politics [link] [comments]

Tales from 2+2: The Biggest Loser at Microstakes of All Time, A Story of Struggle

Link to Previous Tales From 2+2: Poker player steals $1m+ chips and tries to sell it on 2+2 poker forums
More Tales From 2+2: A Very Controversial $70k prop bet
Tales from 2+2: Homelessness, Grinding and the Biggest Shot of a Grinder’s Life: The Jared Huggins Story

The Blossoming of TV Poker

The Year is 2006. Online poker is thriving. Partypoker has the highest traffic of any poker site but Pokerstars are gaining new players quickly with aggressive marketing strategies. Lots of poker sites are investing heavily into marketing and one key place to channel their advertising budget is TV. New innovations, improved graphics and increasing funding meant that poker TV is at an all-time peak of popularity.
40% of the the 2006 WSOP Main Event’s attendance is from online sites and poker sites are offering large amounts of cash for players on TV to wear an advertising patch. According to Dan Goldman’s blog, Pokerstars spent over $730,000 on WSOP players’ gift bags. The WSOP is seeing more TV time and this year the $50k HORSE event is added to the TV schedule alongside the WSOP main event. This year’s $50k WSOP HORSE final table saw some huge names including Chip Reese, Phil Ivey, Patrik Antonius and Doyle Brunson.

The Path of a New Player

In Finland, Mikael Paisting is watching the 2006 WSOP on TV. He enjoys watching poker broadcasts and is fascinated by the game. It’s a very common story for players to catch an interest by watching poker TV and sign up with to one of the many poker sites available. He chooses to deposit on Partypoker. Mikael is a committed learner and player. He reads several poker books from well-known authors such as Dan Harrington and David Sklansky. He also watches many training videos. Like many players starting in online poker he begins at the microstakes cash tables.
Microstakes are a rite of passage for many online poker players. The limits range from 2nl to 10nl, so the standard buy in is $2-10. Some will play microstakes for weeks, months or even years improving their game and increasing their bankroll so they can move up to small stakes, 25nl and above. Some players see the microstakes as a job and play as many tables as they can to eke out a living wage. Some players have never played microstakes and skip it entirely for higher stakes. Mikael starts to play and doesn’t do well, this is normal for many beginners, even those who study. However, over the next few weeks Mikael continues to lose. Months go by and Mikael still hasn’t turned a profit. He discovers problems with tilt and often takes his frustration out in the chat box. An example of his rage:
Paisting:THAT IS NOT NORMAL OMG!! JUST UNBELIEVABLE
Mikael doesn’t play 10nl very often and spends the majority of him time playing 2nl and 5nl. He continues to multitable cash games on Partypoker but he just can’t win. He starts to lose big, thousands of dollars, mostly at 2nl which is known as the softest cash game on the internet.

Getting Noticed

Mikael continues to play long sessions over the next five years, he claims to play 5-7 days a week for 4-8 hours a day. By 2011 he had played 2 and a half million hands while playing 6 to 9 cash tables at one time. Mikael is still mostly playing 2nl and is down a colossal amount: $7000. Mikael has been suffering from major tilt problems and has a very wild and noticeable style of playing microstakes. He starts to get noticed on 2+2, a very popular poker forum. A player posts a link to his PTR graph, a site which tracks online cash games. They are shocked at his losses over so many hands:
yegor: wow such a massive fail
he played 2.5m hands at 2nl and 5nl and he's losing
Donkey111: I remember him from my 2NL days.
often goes on some massive tilt sessions and spews like 20 BI in 500 hands by shoving any 2 cards preflop.
He even gets hate from his PTR account where he is ridiculed on his profile comments, he also replies:
VELAir26: Spend your time with family, friends or other hobbies instead
Paisting: im fine with this you stupid idiot
Mikael continues to play his reckless and tilting style over the years. By 2014, he has been playing for 8 years and is down five figures at microstakes; he starts to look for excuses for how much he has lost. He posts a thread on 2+2 detailing how he feels that he wins at the start of the month and then inevitably starts to lose. He asks how he can take legal action against Partypoker. His fellow posters tease him:
5thStreethog: Did the thought ever cross your mind that it might be possible that the reason you cant beat NL2 in over a million hands might be because you arent very good at poker?

An Attempt at Redemption

2019 comes and Mikael Paisting has been playing microstakes for 13 years, and steadily losing a lot of money. He got a new computer in late 2018 and has been grinding away on it. Mikael is getting mentioned more on 2+2 and he is well known on the tables of Partypoker as he drops stack after stack. Many players on Partypoker furiously try to get on his tables to call his tilt shoves; when Mikael is present other player’s stacks can get as high as $100 at 2nl as he shoves buy in after buy in to button steals. Some were said to be using seating scripts to instantly be placed on a table with Paisting. At this point he is feeling very low. But despite years of losing money and insane tilting he is determined to improve. Mikael is aware of his losses and has a fierce desire to make back the money he has lost since he’s started tracking on his new PC.
He decides get help and he looks to 2+2, the very same forum that had mocked him over the last decade. He logs in as Paisting, his last name. He starts a new thread, types out a post and chooses a title: 'Biggest loser in online poker history wants to grind $16k'. He posts this thread in the sub-forum Poker Goals & Challenges, a place where players post their goals and try to update their thread with their progress. He posts graphs of his losses from his database on his PC. He starts the thread by posting some shocking graphs of $8700 lost at 2nl, $6000 lost at 5nl and $800 lost at 10nl. At 2nl he had an incredible rate of -170BB each 100 hands. The final graph of his microstakes losses posted show $15,000 lost over 365,000 hands. An average loss of $75 a day.
The 2+2 poker community are stunned by the graphs:
HorseofHell: I'm actually shocked it's possible to lose this much at 2nl
Mahsjdj: This can't be real can it?
Mikael posts about the hard work he’s put into poker and mentions that has watched videos, read many instructional books and is honest with his astounding losses:
Paisting: I've lost literally all my money including all my life savings to online poker. I want to try one last time to win those money back and little bit of extra. That's why $16k. What I need is support and guiding.
The community react to his plan to grind all the money back at microstakes:
Fodersneso: This is really disturbing.
Why on earth would you try to grind this all back? Losing at this rate is traumatizing. You're going to grind out 3000 BIs @nl5 now or what's the plan? Really curious how you think you can turn this pile of insanity around...
The community show disbelief and doubt that his story is real but several posters claim that what he says is true. He has been active in Finnish forums for more than 10 years and players starts to share hand histories and stories about his playstyle. He posts about his regret of picking the game up:
Paisting: Never had a winning week in 13 years.
If it were possible to go back ten years I would say to myself "Do not never play single one hand!"
He then goes on to tell 2+2 posters a disturbing source of his funds for his staggering 2nl losses:
Paisting: I've taken huge amount of fast loans.
He sheds a little light into his personal life:
Paisting: My age and relationships has nothing to do with this. But not working, no kids or wife and middle aged. What I have is time to play.
I get a little unemployment benefit that goes straight to the rent. My eating costs are very little because I'm only eating one meal per day. There are times when I must take more fast loans if need of clothes, unexpected bills, sickness etc. That's why getting back those $16k is so important to me.
No disability, never played anything else than poker or lottery when pots are bigger, maybe 5 times in year. Playing poker does not give me any excitement or I'm not cheering won pots.
Posters try to give him strategy advice, they try to persuade him time and time again that shoving 100+ blinds to a minsteal isn’t a good idea. Some others question his sanity and tell him to quit:
FazendeiroBH: Not trolling, I´m actually serious here. You lost an absurd amount of money playing the easiest stake in the world (nl2). You keep losing doing the same faulty strategy. No book ever said you should jam 100 bb preflop rfi. It´s quite obvious there is something wrong with you and your brain, and the more you delay seeking professional care for your mental problems, the worst it´s gonna be for you.
Paitsing updates his thread with highlight hands from his cash sessions. He seems to cherry pick hands to post and will only post hands where he loses all ins as a 70-95% favourite. He delusion leads him to blame the site, his luck and the other micro grinders. He often writes about specific players and gives his opinion on how badly they play. He often quotes their HUD stats and wide calling ranges while ignoring that they are probably adjusting heavily to his own playstyle. Some time passes and he discloses that he has lost almost $500 at 2nl since starting the thread three weeks ago.
He updates his followers with the first monthly graph of the thread from his 2nl play in April 2019. He plays for 90 hours in April and his average daily loss is $50, 25 buy ins each day. 2+2 players start to analyse the graph. They notice that there are several breakeven spots where he may be playing reasonable poker but also huge 150 buy in downswings, some drops in the graph are so steep that he is losing about a buy in every 5 hands for periods of hundreds of hands. He says:
Paitsing: Only trying to get my money back from guys who are playing nl2 forever and never moving up. When I started poker long time ago I tought it's exciting to read watch videos if it gives me more money. After 2 years figured out it's just sitting on computer like in work and if I'm someday +-0 never ever playing this stupid game. This is like war.
The thread goes on like this for almost a year. The thread repeats itself over and over. He will post a few selective bad beats, ignore good advice and berate his microstakes tablemates. A fellow microstakes grinder makes his first appearance in the thread: 6betpot. 6Betpot would play at Paisting's tables and often win many buy ins, 6Betpot would go on to post highly contrasting hand histories to the bad beats that Paisting posts, he would also reveal Paisting’s preflop 3 bet is around 30%. Some players would criticize 6Betpot for predatory behavior but 6Betpot would maintain that he would try to persuade Paisting to stop playing in a spewy manner. Someone asks to see the hands and 6Betpot posts some, here is one:
888 Poker - $0.02 NL (6 max) - Holdem - 6 players
BTN: 250.5 BB
SB (Paisting): 425.5 BB
BB: 101.5 BB
UTG: 100 BB
MP: 106.5 BB
CO: 84.5 BB
Pre Flop: (pot: 1.5 BB) BTN has AdQs
fold, fold, fold, BTN raises to 2 BB, Paisting raises to 425.5 BB and is all-in, fold, BTN calls 248.5 BB and is all-in
Flop: (502 BB, 2 players) Kh4s4c
Turn: (502 BB, 2 players) 3h
River: (502 BB, 2 players) Jc
BTN shows AdQs (One Pair, Fours)
Paisting shows 5s Js (Two Pair, Jacks and Fours)
Paisting wins 471 BB<
Later in the thread Paisting would reveal his line of thinking during hands like these; a poster asked why he though 3 betting hands like J5 was a good idea. Paisting replies:
Paisting: If you don't want them to run over you, you must do something. Blind play is very important and you can't let them run over you. When 80+ habit stealer gets shoves straight to his face he must learn at some point that I'm not giving blinds.
Many tried to reason with him and show him clearly why this was wrong, he not only refuted their strategy but would argue against them, often citing his opponent’s HUD stats.
Later on in the thread Mikael posts horrifying news. He explains that he didn’t transfer hands from his old computer to his new computer. The graphs he posted at the start of the thread only showed the tip of the iceberg. He reveals that $16k loss from the graphs was from just 7 months of play!:
Paisting: That 16k is in 209 days and in about 1 year as you can see from the first post. Big part of my losings has left to hard drive of my old crashed computer. That's past and I don't wanna think about it anymore. Main goal is this database I have here in my computer. But yes what I have been repeating many times, moving to 888 poker has sky rocketed my losses although I can play only 6 tables compared to party's 9 tables.
Posters speculate that his lifetime microstakes losses probably amount to six figures:
SpinMeRightRound: I mean if he's lost $20k in the last year, and he's been doing this for more than 10 years, he may have lost $200k or more.
In late 2019, Paisting claims that there was a ring of players were colluding against him. He goes on to say that the new site he plays on, 888, were asking for hand histories from certain players. He showed emails of his communications and posted that 8 players had had their account frozen. He also shows screenshots that his account is temporarily frozen during the investigation. Posters speculated:
CrunchyBlack: Pretty sure they think you're chip dumping lmao
.isolated: They think you're chip dumping to him. Funniest. Thing. Ever. The irony here is nearly palpable.

2020: The Struggle Continues

At the end of the year Paisting posts his 2019 graphs. He says that he hasn’t had a winning week yet and he’s still committed to making back 2019’s losses. His graphs show down 12k from 320k hands of 2nl in 2019.
In January 2020 he continues to post regularly and makes comments about him hunting down players worse than him:
Paisting: When you hunt really bad player (yes enzet there are plenty of worst player than me on 888 look those hand histories really carefully) hours and hours and wait good hand just to site let them to suck out it is affecting your game really badly.
He posts about his continuing struggle to win back the $16k:
Paisting: I have years dedicated for this project and anything back from that amount is winning to me. At this point it’s impossible to make any profit because of horrible suckouts.
He also posts about the high interest loans he’s taken out:
Paisting: I have huge amounts of loans that are basically all taken for poker. I don't eat much and all my other costs are very low.
And because of those loans I must get back so much money that is possible and these suck outs must stop.
February 2020 arrives and he posts his January chart, the worst posted yet. He takes a gigantic loss of $1,550 at an eye-watering rate of 210bb/100 hands. Often when he posts monthly graphs he would highlight that he ran a few buy ins below EV when he would be down hundreds of buy ins for the month.
The months pass and the cycle continues. Paisting posts the usual bad beats, posters berate him and try to give him advice and Paisting resists their efforts. Here is one of many similar hands posted in February:
888Poker, Hold'em No Limit - $0.01/$0.02 - 6 players
UTG: $1.46 (73 bb) Paisting (MP): $7.45 (373 bb) CO: $15.44 (772 bb) BU: $2.00 (100 bb) SB: $3.47 (174 bb) BB: $2.00 (100 bb)
Pre-Flop: ($0.03) 1 fold, Paisting(MP) raises to $7.45 (all-in), CO calls $7.45, 3 players fold
Flop: ($14.93) 6c7c4d (2 players, 1 all-in)
Turn: ($14.93) Ts (2 players, 1 all-in)
River: ($14.93) 8h (2 players, 1 all-in)
Total pot: $14.93 (Rake: $0.93)
Showdown: Paisting (MP) shows 7dTc (two pair, Tens and Sevens) (CO) shows JsJc (a pair of Jacks) Paisting (MP) wins $14
March comes and the regular monthly graph is posted. The uploaded graph shows is he down $1900 or 950 buy ins for last month. Mikael refutes that he is a gambling addict:
Paisting: 888 has given many 10 dollar bonuses to me play slots. I have never played them and in fact my account has 20 dollars freeplay bonus to play their slots. I will not use those money now or in future. So that's gambling addict to you.
April and May roll by and the monthly graphs are posted. He played fewer hands than normal, 43,000. But is down $1,250, all at 2nl.
In June he posts the usual monthly graph with -$1900 and it’s the lowest win rate he’s posted before, a colossal -335b/100hands, the graph has some alarmingly steep downswings with one section where he loses $500 in 1000 hands. That’s a loss of one buy in every 4 hands. Getting these monthly updates shows how quickly he loses money at 2nl and collaborates with earlier estimations that he is likely down more than $100k at microstakes over the past 14 years. Approximations indicate that Mikael has paid over $20k in rake to poker sites over the years.

The End, for Now

Mikael is still playing microstakes to this day. His poker story isn’t over yet but so far it is a sad one. My previous two Tales from 2+2 stories had mostly happy endings but not this one. This story is like a car falling down a cliff and it hasn’t hit the bottom yet.
Let this story be a lesson that poker isn’t for everyone. Players with addiction or mental issues should reconsider if the game is best for their lives. Serious poker players should consider bankroll management and how tilt affects their winrate if they do choose to play.
Seek help if you think you or others need it.
Original thread (Still active)
submitted by GiantHorse to poker [link] [comments]

This game's sleazy monetization is trying to toy with your brain. Don't fall prey to it.

I get the game is F2P, and I understand they have to make money. At first, I was pretty disappointed about bundle prices because I believed (and still do) that they were too high. I get their tactic here, it's to target the wealthy, and hopefully, down the line, small fries like the major player base will get a fair deal. It isn't only the bundles which target the wealthy, however. To preface this, I will say also that no western, successful F2P game has pay-to-win.
This game has the sleaziest monetization of any F2P I've ever played. I thought it would get better over time, but my hope has dwindled after Joe Lee's (RiotSWAGGERNAU7) statement regarding the battle-pass in Ask VALORANT #1. I would also like to say that managing monetization is this man's job. If you're going to get mad at anyone, get mad at the greedy guys at the top, not at him or the revenue team.
No VP in the battle-pass. Interesting strategy. Here is what he had to say.
Our goal is that when you buy a battle pass, you buy it for the total value of it rather than buying it as a way of getting enough currency to buy the next one. We want the battle pass to be the highest value product we offer as well as a compelling experience...
This statement seems pretty genuine, but when you actually view the battle-pass beyond its face value, what they have done is pretty manipulative, and such manipulation is further demonstrated in the second half of his statement (which I'll cover after).
Here is an image of VP and RP prices (I am in Australia, so prices will be different and the VP in each may be different, but the manipulation is a constant).
Radianite points (RP) is the second of two paid currencies, I'll call it semi-premium because of their absolutely insulting prices, but I would also like to say you can earn a considerable amount in-game (that however, does not detract from its egregiousness). You have to buy VP first, and of course, they made it so you can't buy exact amounts, you've gotta use the packs. They also put these little "-x%" next to each tier of RP because oh boy, if it wasn't a steal already it's gotta be a steal now. /s It is insulting. 10 RP goes from around $10AUD to $15AUD, so you're pretty much best case scenario paying 10 bucks for an upgrade for a skin you've already bought (the upgradeable skins on their own btw, are $30AUD). Explained succinctly and pretty much perfectly by u/schemeKC, "Radianite is priced astronomically high to artificially inflate its perceived value". That's where Mr. Lee's statement comes in.
Mr. Lee wants you to buy the battle-pass for "its total value". And jeez, the battle-pass must be good because of all that juicy Radianite which boosts its perceived value a fuckton. So after you finish the BP, you've got a nice amount of skins (none of which can be upgraded with RP). You've got this pile of RP leftover and it is just staring at you. The only way to use that RP though, is to spend even more money. Other F2P games give you premium currency for BPs months on end for free, and this game strips that away so you could be spending $10 every act, then coerces you to spend even more because of the RP you've been given. The way this statement was delivered to try and convince you that you were getting a good deal, now shows that this isn't something under the rug (to be felt not seen), it has been said by a real person. Any goodwill has been thrown out the window, and the player's intellect has been insulted. I hope that wasn't his intention, but that is exactly how it came across imo.
VP can only be bought in really inconveniencing amounts, a tactic mostly used in mobile games but hey, it's 2020. Small indie dev needs to survive right? /s It is annoying for every player, and these tiers are worse than any F2P game I've ever played.
If I wanted to buy 20 RP, I'd need to buy the 2175 VP pack and that would roughly equate to $15AUD per 10 RP. You can only use RP on paid skins (there are barely any free skins anyway). But let's say I want to buy the big boy 80 RP pack, ooh what value and it's 40% off! I would need to buy the 5800 VP pack for $80AUD and that would be around $10AUD per 10 RP if I were only buying RP. I need to buy another bundle to get an upgradeable skin, that sucks! I'll get the 1025 VP pack for $15 so I can buy a prime classic. That's $95AUD you've paid to get and upgrade a single skin (I'm not counting the RP you get for free for the purposes of demonstrating the confusion they have imbued within this model).
This is a small demonstration of obfuscation. The system is designed to make you pay more and more and more until... oh. I still have some VP left, and I can get another skin! Let me pay just this little bit more. I think my bank balance might be negative. A single prime skin without any of its variants is at least $30AUD unless you buy the big boy bundles, but then you've obviously spent more than 30 bucks. It is designed to confuse the player into purchasing the highest value pack so they don't have to think, and if I'm being honest I haven't seen mobile games this cunning. This is malicious, and kind of impressive in a super fucked up way.
The second half of his statement talks about the future of Radianite, and again, further attempts to display that "it's a great deal!" The revenue team wants RP to be "the evolving currency of VALORANT". They want this overpriced, huge pile of inflated pixels to be the next big thing. The RP you got for free can't be used for free, and honestly with the way this monetization is panning out I don't expect it ever to be used as such (despite what's said in the next few sentences, we've seen in the past a number of popular suggestions being thrown to the wind).
An auto-renewable battle-pass in any game is designed to respect the player's time. If I see a game I love with an auto-renewable pass, actively rewarding me for spending time with the game after a one time purchase, you'd better bet your top dollar I will spend more. This system does not respect your time, it constantly probes you to spend more and more. Riot obviously didn't design this system with morals in mind, and there are certainly way more subtle additions that I didn't catch.
So pretty much, this package has overpriced bundles and skins, psychologically manipulative RP, layers of obfuscation for all monetization - but hey, it's F2P! People who pay, they're suckers. Let their wealth be sapped for trying to support the devs. obligatory /s
For a developer that has such strong ties to its community, these sort of manipulative business practices sour our perception. Even EA, after the Battlefront 2 fiasco completely removed loot-boxes and to a further extent, even microtransactions from everything but their sports games and AL. They tried to improve their reputation by investing in more indie devs and actually supporting them. Riot has done nothing.
I know this post won't make them change their system. We have seen that they closed the door to the battle-pass changing after huge community outcry, and haven't at all changed the scummy Radianite, in fact, they've stated they are going to double down. But if we double down on our critique of the system we can be sure they will at least discuss it down the line. Your voice matters, probably not as much as your wallet though haha. Safeguard that shit from exploitation.
If and when you decide to purchase something here, a good question would probably be whether this company actually respects your purchasing decision. As it stands, my feet are firmly glued to the "no" side of the fence.
tl;dr - the game uses shady microtransaction design to confuse and fool players, then asks them to spend more money after stripping away common features of an established battle-pass model, completely failing to respect/reward their consumers' money/time.
submitted by IllumiMahdi to VALORANT [link] [comments]

My Experience with Lorin in the Early days

I have some perspective about Lorin from the early days I’d like to share. I don’t know if this will be helpful to anyone, but I’d like to share what I saw and felt during the arc of Lorin’s career from my vantage. These are insights I’ve had over the years from being somewhat around him, and watching his rise, and now fall. I won’t be writing directly about his actions and the women he hurt, that’s not my place, but I have total empathy for them and support for them in their quest for healing. I’m more writing this for those who were fans, and who might be trying to figure out what the fuck just happened, reconcile this whole traumatizing experience, and get a better understanding of who this man that had such a strong effect on them actually was. None of us really know, but we can try together to learn and get a clearer picture.
I first got into the west coast electronic music scene through Burning Man in the late 90’s/early 00’s. The first time I heard of Lorin was from friends who had been out on the playa in 98 and caught some of his sets, particularly at El Circo’s camp, and came back raving about him. A lot of the aesthetic and attitude and energy of the west coast electronic music/burner scene was really shaped and defined by the El Circo camp, and Lorin was their shamanic musical spiritual leader, and eventually the entire playa’s. El Circo was from Ashland and Lorin from South Bay, but they seemed somehow destined to meet. I don’t know when that happened exactly, but it was a powerful fusion. In 99/00/01, if Lorin was spinning at the El Circo tent, everyone was going. And by everyone, I mean like 4-500 people. Which at that point, even though Burning Man was pretty big, it felt like “everyone” on the playa, because it was the 4-500 people who deeply cared about being at the greatest electronic music party there could ever be (at that time), and knew they were in for something special. Whatever magic he channeled was there from the very beginning. And after two decades of watching it and seeing it and thinking about it I still have no idea what it was. I just know that everyone felt it viscerally and immediately.
My first experience with Lorin personally was talking with him after a gig in LA around the same time. There were maybe 20 people in the room, but I remember this powerful primal energy radiating from him as he spun. There was this sense of abandon in the people dancing. It was a vibe, an energy, that was unlike what emanated from any other DJ at the time, or since really. I talked with him outside afterwards just him and I for about 10 minutes as he was waiting for a ride. He made a strong impression on me that has stayed with me. He was extremely principled and motivated. He had just chosen the name Bassnectar instead of Lorin and was laughing about how it was ironic cause he felt his first track he had just put out had shitty bass cause he was still learning Reason. He was grounded and self effacing. He also clearly had an obsessive work ethic. He said he tried to spin an hour of new music every time he dj’d. I was like, what the fuck? This was during the era of vinyl. NOBODY spun an hour of new music every gig. I had no idea where he was even getting a new hour of music he was spinning each gig, which was super early dubstep/bass music and sounded incredible and totally exotic and foreign. I assumed later he was on very early message boards getting mp3’s directly from producers or something. There was no Beatport back then that’s for sure. He also spun on CDJ’s and was the first DJ I ever saw who was magically getting tracks from the net and burning cds to spin them. This was super alien at the time. Nearly everyone else was vinyl. Before Lorin, at least in California, anyone on CDJ’s was looked at like a wedding DJ.
He was extremely driven. When he talked he would look me in the eyes, but then look away when talking about how he wanted to be so much bigger than he was, and he stated that underlying that desire to be that big was to affect the kind of change he wanted to affect. No DJ I had met talked like this, and no DJ I knew of at this time was politically aware and motivated like this. Being a DJ was about rocking a party and that was it. There was very little if any social or status gain at this time to be talking like he was, if anything I’d say it was the opposite.
There have been several distinct generations of die hard fans of Lorin as far as I can tell. The first generation was I believe the earliest crews from the Santa Cruz beach parties and such. The second generation, which I witnessed, were semi-affectionately nicknamed the “beautiful people from the future”. These were the best dressed hottest wildest most creative rebellious entrancing people you’d ever seen, and they all seemed to show up at Lorin’s sets and they were by equal measure amazing and kind of pretentiously annoying, but undoubtedly were at the best parties, which Lorin was invariably DJing. Most of them have since retired to Nevada City. The third generation was I believe the “rave kids” as I heard them referred to as, who started showing up in droves at festivals, and no one knew where they came from. The beautiful people from the future started to drift off, there was a sort of handoff, and It was at that point that I remember thinking that his charisma and power is not scene specific, it jumps across generation lines, which blew my mind. Its been ongoing since then, until the end.
Lorin’s arc was obviously tragic, on many levels. He was set up as the chosen one from very early on. And its not like anyone was “looking” for a chosen one when he showed up. He really was just that dude no one could have known was coming, but everyone responded to instantly and accordingly. People who came back from Burning Man 98 who had caught his sets talked like they’d seen Jesus Christ himself, and these were dancefloors of maybe 200 people. My feeling, from occasional conversations with him over the years, what I heard from others, and observed in how he carried himself, was that he was aware of and did not want to fall into the egoic traps that come with a position like that, and fought very hard to resist them. I think the passion he had for social activism was his way of trying to redirect that adoration, and in fact in his mind really was the primary underlying reason behind managing and navigating the level of adoration that he anticipated he would need to deal with in the first place.
But the thing is, and here is where I believe he fell, you cannot consciously redirect or sublimate or override the ego traps that come with receiving that degree of adoration and reverence. You MUST have checks. But you can’t hire checks, or control them. You have to develop internal checks alongside inviting ruthless and brutal outside perspective, and that is going to look different for everyone, and it is going to be an extremely labor intensive task to develop and maintain - if you even can at that level. Lorin apparently could not. Absolute power corrupts absolutely. I believe that Lorin’s social activism originated from a very genuine place. I heard it in his voice when he had no reason to virtue signal, that was just not part of the landscape then. But I think it became compartmentalized, and became a smokescreen internally, as well as inevitably externally. From the outside we can’t reconcile this seeming hypocrisy, so we see it as deceptive and intentional and masterminded. But I will bet you a million fucking dollars Lorin didn’t see this hypocrisy himself until everything fell apart three weeks ago, if he even even saw it then, or will see it in 5 years, or ever. How much do normal people delude themselves and rationalize and compartmentalize? A LOT. Well imagine that you, a normal person, are also extremely driven, a borderline control freak with an overpowering vision, massively worshipped for two decades, and have literally no checks or balances on your power, and watch where your natural tendencies to compartmentalize and rationalize turbo-boosted by the force of fame lead: madness, cognitive dissonance, and the inevitable exploitation of others. You won’t mean harm. You won’t even be able to conceive of how your actions might cause harm. You will be so entitled and protected by money, fame, and adoration that you will be literally unable to see it. Until that is you are made to see it. And then its too late for everyone involved.
Lorin is 100% responsible for his actions. The warping effects of power and the path to unhealthy levels of narcissism are not an excuse. They create anti-social behavior, and a functioning society must regulate anti-social behavior. Many people have justifiably lost faith in the patriarchal justice system to regulate the anti-social and harmful actions of men in power. Cancel culture introduces forced accountability and immediate consequences for those who the hive mind deem in violation of standards of decency. There is value in this, for sure. But I can tell you, fwiw, as it appears to my generation, cancel culture offers something that aspires to look like a complete solution, but functions much more like punitive justice.
Punitive justice is the right of those who have the power to exercise it. But true healing comes from a far more nuanced and complex process. And it takes time, time that extends beyond the initial catharsis of justice. And you need to work to find the empathy that you were not shown. Not necessarily compassion, but empathy. If you see the person who hurt you as a one dimensional object, you are trapped in the same mindset that led them to hurt you. This cycle will not end. It is not “resolved” with the cancellation.
If there is no complexity to understand in the offender, no nuance to grasp, no motivation to understand, and nothing that is worthy of anyone’s time to examine because the nature of the offender’s offenses deem them irredeemable, they are no longer human. They become an archetype, an object, a cog in a machine. A faceless soulless monster that must be be destroyed, and upon being destroyed, the problem will have been solved. There is no growth, there is no insight, there is no actual learning. There is only “justice”, punitive and correctional. It is our modern prison system. This power is addictive. It is an endorphin rush. And it is its own ego trap. It sustains itself on an indefinite cycle of suffering.
I certainly have no horse in the race of what happens to Lorin. He made his bed and now has to lie in it. He is a human, who was exceptional, basically by definition, and failed to carry that weight in a moral way. Who knows what happens to him from here, if anything besides banishment.
Just know that, at least from my perspective, as someone who spoke with him and witnessed his idealism in its rawest form one to one and watched the magical effect he had on dance floors from pretty close to the beginning, he was in fact at one point the idealistic empathetic music channeling leader he later appeared to be. I have known and still know sociopaths, I have known and been deeply affected by people with hardcore narcissistic personality disorder. He may have eventually become what we tend to associate with these diagnoses, I don’t actually know, but I do NOT believe that he started out that way. It is my belief and it was my impression that he started out as a very real and very principled person, very genuine, and very empathetic. And I don't believe this because he charmed me, but because he didn’t charm me. He seemed to believe in something greater than pleasing others. I think he believed in trying his best to lead others to somewhere they couldn’t see themselves.
What I think is that a deep need to control, which was either born of a defensive mechanism from trauma, or the raw desire to lead, or both, became malignant over time, as his environment and position enabled these desires to become neuroses. At a certain point keeping a world view coherent with the needs and wishes of others became secondary to the needs of his ego. And at that point, rationalizations and compartmentalization raged uncontested. And that set the stage for abusive dynamics to follow.
As soon as he started saying that Bassnectar was a project not a person, in my opinion he began to disassociate, and to leave personal accountability behind. His need for control and to define what he was and what he meant to others became all powerful. His acknowledging the nature of collaboration, while simultaneously exhibiting unfair and exploitative business practices behind the scenes, was a symptom of a duality that had grown unchecked in his mind. The need and love for people (be with me), and what was probably a growing paranoia (get away from me), could not be reconciled. I think he was motivated by power and control and realizing a vision at all costs, initially to provide experiences for others, but eventually as a protective mechanism and a place to hide fears from himself. I would bet that the shitty terms he offered his collaborators were born of a misplaced desire for love. Love is a practice of releasing attachment, but in him it became twisted into the desire to exclusively possess.
I knew someone who toured with a major pop star, like one of the biggest stars ever. She said this person wanted everyone to do everything for free, because it was her way of trying to get love. She had become so paranoid and isolated, and everything was so transactional, she longed to just collaborate with people creatively and remove money from the process. And since she had absolute power, she could enforce this wish on those around her, and those who balked could then be identified as disloyal. It sounds batshit crazy to a normal person. But life as a normal person is a very different life from that of someone with absolute power. Absolute power, which is a product of absolute success, which is the thing this society programs us to desire at all costs, as the path to love and acceptance and greatness, will fuck your head up so quick you will have no idea what happened, what your name is, where you came from, what you stood for, or why you ever wanted any of those things in the first place. It will destroy you. And if you don’t have it you should thank your lucky stars. Because before you know it you will refuse to pay those who deserve it in order to convince yourself they love you, and pay those you think you love in order to control them.
Everything I am saying is addressed to those who are struggling with the pain of seeing someone who they believed in, who inspired them, and who led them, hurt those who also trusted him, and thereby betray everyone’s trust - but despite this betrayal, you can’t actually “cancel” him within yourself. For better of for worse, someone who means that much to you and has affected you as much as he has affected so many can’t just be eliminated internally. If you do that, you are punishing yourself and furthering the cycle of pain, and the attempt to do this will create a microcosm of the same unresolvable duality within you that destroyed Lorin.
You can do whatever you want with the music he made and the memory of the experiences he created. This is because you were a co-creator. How you feel about the music is unique, and how you feel about the experience is unique. Whatever “it” is isn’t real until its perceived, and you perceived it to make it uniquely real within yourself. So its yours to do what you want. The world is filled with enough projection and pain. Don’t absorb more than necessary.
Some people can never hear his music ever again, and need to purge him from their life. And some proudly listen to it still, and will always. These are both completely valid. Interestingly, how come there is not more discussion about coming to consensus on whether to cancel his music? How come there is not righteous indignation at the reposting of his sets here on this subreddit? I think it is because we know that music itself is mystical, and beyond any human moral projection or value system, and is as immensely personal as it is immensely social. Its the universe vibrating sympathetically with the way we feel, and vice versa, in a feedback loop of emotion.
You can choose to cancel Bassnectar and purge your library of his music and embrace the absolute and banish him from your life. Or you can choose to celebrate the importance he and his music had on your life, while making an effort to understand where the darkness within him that led to him creating such a betrayal actually came from. Both are valid ways of coping with loss.
But another thing you can do is to be grateful you were not born him. Because if you were in his shoes, maybe your corruption would not have manifested in the way his did, but I have yet to meet anyone in my life who I can honestly say could have walked the path Lorin did and not fallen prey to corruption manifesting in some way. Because it wasn’t a path he walked. It was a path he made. That kind of drive is a fire. And taken to the extreme level his fire took him, eventually it explodes. Sometimes we are sheltered from these explosions and hear about them after the person dies. In this case, it was in our face, and everyone got burned.
I can pretty much guarantee you Lorin is not taking his millions and happily going his own way wishing everyone “the brightest future”. He is very likely in an existential hell of his own making as the construct of fame and power comes crashing down around him and he is left facing the person he was 20 years ago before this all started, and realizing the horrific impact his actions have had on the ones he thought he loved. He is branded an outcast, but recognizable by all. Nowhere to hide, but alone in a room in a mansion his millions bought him, obsessively reading every word written about him on the net, realizing the absolute scale of the impact he had on so many people, for so good and then for so bad. Nowhere to go, nowhere to run, no redemption to be had.
And since he created pain in others that has led them to feel the same way, trapped in a cycle of shame and disempowerment and confusion that they cannot any more easily wave off and exit than he can, one could say justice has been served.
But maybe, in time, there can also be healing. And even understanding.
Breaking the cycle is not enough. You must also restore and strengthen the circle. This takes all parties.
Cancel culture has no roadmap for this. But maybe it can develop one.
With great power comes great responsibility. This goes both ways.
Beware the temptation of power. Its like the ring. We would all use it to do good.
Let us all find the grace to work together to find justice, healing, and growth.

submitted by lacontessavswhale to bassnectar [link] [comments]

A PC-User's Purchase "Guide" (it's not...just the ramblings of an idiot) to High Quality Audio on your system.

Hello friends, today I'd like to talk about an aspect of our glorious systems that get overlooked a lot: our audio experience on our battlestations. Thanks to paoper for formatting. Again disclaimer that I am an idiot, so take this post with a grain of salt. Better info and more accurate info from people way more knowledgeable than I am is readily available from /audiophile /budgetaudiophile and /headphones, this is just a start-up guide for the beginner.
NOTE: The monster I gave birth to has become too long. I felt that instead of a short list of things to order, I needed to give context as high fidelity is really all about what sound is like in your experience. Also a fun read if you are interested. Feel free to skip to the actual list (ctrl+f active speakers, passive speakers, headphones, subwoofer, amplifier)!
I have limited the price range of the products, because this is after all just food for thought and not even a proper guide; real audio purchases will require elbow-grease and research from your end to see if the product's sound signature will match your preferences in music and sound. If your product is not here, do not worry. I have put in products that I have had experience with and those that were recommended by multiple reviewers I hold in high regard (with the exception of a 2.1 system you will see later), and I had to consider the endless number of headphones/speakers vs the ones that are worth your hard-earned cash (and products vs how they compare to my current setup which includes both "high-end" and budget options).

Introduction

I've been building systems for myself and others since I randomly took a buildapc course in middle school (currently 28) and enjoy music very much (I grew up on linkin park, dre, biggie smalls, 3 6 mafia, tupac, ac/dc, red hot chilli peppers am fond of electro and dubstep and various genres of music). I have 2 decades of experience playing saxophone, clarinet, and the electric guitar, and have performed in jazz bands, rock bands, and an orchestra. My ear is highly trained from raw musical performance and not just listening to speakers from home, as well as having the nuance to differentiate between good speakers. I have owned many many forms of audio gear (instruments, speakers, headphones, studio monitors).

So wtf is this?

So occasionally while answering questions on this subreddit (mainly on why new builder's systems aren't posting, or what components they should get, or just mourning with fellow builders for systems that have passed on as well as celebrating the birth of new systems and fellow pc builders who take their rite of passage of building their own system with their own two hands) I would come across the occasional "what speakers/headphones are best under $xx" and with the state of pc products being "gaming rgb ultimate series XLR" or w/e, it's hard to discern what audio products are actually worth your money. Note that if you are using just "good enough" cheap speakers, any of the speakers/headphones on this list will blow your mind away. Get ready to enter a new world of audio.

Why should I bother getting better speakers/headphones?

I have owned $20 logitech speakers, I currently own $1500 speakers. I have owned varying levels of headphones. The first half-decent (to my standards) speakers I had was a hand me down stereo set from an uncle. This thing was massive, but this thing was good. It's difficult to explain to you the sensation of music enveloping you with great speakers. Speakers are meant to reproduce sound, as in the sound of the instruments in the song. So great speakers and headphones can literally make you FEEL the music like at a rave or a concert or performance in the comfort of your home. This is why Home Theaters were so popular in the 80s/90s.
Upgrading will GREATLY enhance your music, netflix and gaming experience. In fact with passive bookshelf speakers, you can not only use them for your desktop setup, but also chuck them together with a tv and you've got a fine starter home theater system in your hands. You can even upgrade down the line incrementally, one speaker at a time, to a 2.1, 3.1, 5.1, 5.2, 7.2 Dolby Atmos Home Theater Setup where your movies make you feel like your in SPARTAAAAAAAAAAAAAAAAAAAAAA.
I currently live in a small apartment with my TV right next to my battlestation, and when i want to sit down on my couch and watch TV, I simply move 1 speaker from my desk to next to my TV, turn my AVR on and I have an easy 5.1 home theater in my tiny apartment. Move the speaker, revert back to 2.1 (or 5.1 if i choose to but i dont because of badspeaker placement when I'm sitting at my desk) amazingness at my battlestation. Consider this an investment into massively improving your experience of playing video games, watching netflix, or listening to music. You think those 4k graphics and ULTRAWIDE monitor is giving you more immersion in your game? Shit...having great speakers or headphones can make you feel like you're IN NORMANDY BEACH DURING THE FUCKING LANDINGS

General considerations (or feel free to just skip ahead to the list)

Now, I totally understand using simple logitech speakers due to budget/space/easy-access from best buy or not knowing about the wider audio world. So I am here today to give you a perspective on what audio components are TRULY worth your hard-earned cash. I have owned $20 logitech speakers in college, I have owned guitar amps as well as studio monitors/other speakers ranging from $100-$1500. Do know that all of this information is readily available in /BudgetAudiophile /audiophile and /headphones . I am merely condensing all of it into a single list, and attempt to sort of explain it to the pc builders, or just an idiot rambling.
If you would like more information on specific speakers, I would check out reviewers on youtube like zerofidelity, steve guttenberg, nextbigthing (nbt) studios, and thomas and stereo. For headphones, metal751, innerfidelity, Ishca's written reviews, DMS.
Z reviews is okay and he reviews everything from amps and dacs to speakers and headphones, but he gives 90% of his products good reviews, and has affiliate links to every single product he reviews....so you see where my dislike of him as a reviewer comes from. He is still an expert audiophile , he just chooses to not use his knowledge and ramble on in his videos, plus the shilling. Great place to start for audiophiles, as he is still a professional. I just think many move on to other reviewers.
Also with speakers, speaker placement is extremely important. Get those speakers off your desk and the woofers/tweeters to your ear level NO MATTER THE COST. Stack boxes/books, buy speaker stands/isolation pads from amazon, at worst buy yoga blocks from amazon. Put your speakers on them, get ready for even better audio.
General rule of thumb: dont buy HiFi at msrp. There are ALWAYS deals on speakers/headphones to take advantage of at any given time (massdrop for headphones, parts-express, accessories4less, crutchfield, adorama, Sweetwater, guitar center, etc). Speakers will get cheaper over time as manufacturers have to make room for new products/refreshes of the same models just as with headphones. If theres a particular headphone model you want, check to see if massdrop has it (website where users of the website decide what niche products the website will mass order, and both the website and you the users get reduced pricing).
Now this list is just simple guide. Obviously for $150 budget, theres probably like 10 different speakers to choose from. You will catch me repeat this many many times but sound is subjective, I don't know what genres of music you enjoy and what sound signatures in headphones/speakers you would prefer (warm sounds? bright? aggressively forward? laid back sound signature? importance of clarity vs bass?) So consider this list with a grain of salt, as this is after all, the ramblings of an idiot on reddit.

Categories

So I will be splitting this list into 4 categories:
And before I start, bass depth and low end does not fucking equal bad boomy bass. I absolutely detest low quality boomy bass like in Beats headphones and general "gaming speakers" or w/e. Also the budetaudiophile starter package is the dayton audio b652 + mini amp combo from parts-express. All the speakers that were considered were basically compared to the b652 before making it on here (and whether they justified the price bump over the b652)

Active vs. Passive (crude explanation)

So when a speaker plays music from your pc, the audio is processed by the audio card on your motherboard, which is then sent to the amplifier where the signal is amplified, and then finally is sent to be played on your speakers. Active speakers like logitech speakers that have a power cable running from the speakers directly to the wall socket have built-in amplifiers to power the speakers, whereas passive speakers require a separate amplifier to amplify the audio signal and feed the speakers power. Active vs passive, no real difference as both types of speakers will have good audio quality depending on how they are made and which ones you buy, but in the ultra budget section of speakers (under $300) actives tend to be cheaper than their passive counter parts. This is due to the manufacturer cutting corners elsewhere.
Take for instance the Micca MB42X passive speakers($90) which also have a brother, the Micca PB42X ($120) powered speakers. Same exact speaker, but built in amp vs the amp you buy. Obviously the mb42x will sound marginally better purely from the virtue that the amplifier is not inside the goddamn box. But the mb42x + amp + speaker wire will probably cost you anywhere from basic $130 to $200 with difference in amplifier and whether you use bare speaker wire or banana plugs/cables. Cabling aesthetics and management will be greatly affected, with sound quality affected to a lesser degree, or more (but at what cost?). Amp choice to be explained later.
Now generally speakers should be recommended based on your music/audio preferences and tastes as speakers and in a larger part, speaker brands will have their own unique sound signatures that some will love and others will hate as sound is such a subjective experience. But since this is meant to cater to a wide audience, note that my list is not the ALL inclusive, and again is only the ramblings of an idiot.

BLUETOOTH SPEAKERS

If you want to add bluetooth capabilities to your wires active or passive speakers, simply buy the esinkin W29 wireless bluetooth module, plug your speakers in, connect to your bluetooth on pc/phone/w/e, enjoy.

ACTIVE SPEAKERS

Simply connect to your PC or TV via 3.5mm (or the occasional usb).
Note: you may experience a hissing with active speakers that may annoy you to no end even up to the $400 mark. This is a result of the amplifier being built in to the speaker in close proximity, as well as sometimes the manufacturer cutting corners elsewhere. Passive speakers do not have this unless you buy a really shitty amp. Note that while bigger woofer size does not necessarily indicate better quality/bass, this does more often than not seem to be the case as manufacturers put bigger woofers on the higher stepup model.
Note that while I have included 2.1 systems here, I would always recommend you get good bookshelves first, save up money and buy a subwoofer separate.

Example options

PASSIVE SPEAKERS

These speakers will require you to buy a separate amplifier, as well as separate cables. But the passive route allows you to have a modular audio system that allows you to upgrade parts as you go along in your life (yes I said life for once you dip your toes into high fidelity, you will get hooked onto a great lifelong journey searching for the perfect setup), or even just add parts in altogether (like having a miniamp on your desk for your passive speakers, having a separate dac or bluetooth module for your speakers so you can connect the passive speakers via USB or bluetooth wirelessly, stacked on top of a headphone dac/amp combo, stacked on top of a preamp, etc). Amplifier list to follow later.
Passive speaker specs to pay attention to will be their impedance (measured in ohms) and their sensitivity (measured in xx db/1w/1m). Speaker ratings in wattage are measurements of how much power can be driven to them (higher watts, higher volume...once again crude explanation). A 20 watt x 2 channel amp (measured in 4 ohms) is enough to power 4 and 6 ohm speakers rated at 100 watts to moderate/decently loud listening levels on your desktop. Now the sensitivity thing. A speaker with a rating of 85db/1m/1w means it will produce 85 decibels of noise at 1 meter with 1 watt of power. Now this not linear....to make the same speaker go up to 90 decibels may require 10 or 15 watts of power depending on other variables. Depending on how loudly you play your music and what impedance/sensitivity your speakers have will result in your choice of amplifiers. More on this later.
The thing about passive bookshelf speakers are that you can use them in your desktop setup, AND with your TV as a legitimate starter 2.1 home theater setup (which you can upgrade to 3.1, and then 5.1/5.2, just buy a used receiver from craigslist for 50 bucks, ez)

What you will need for passive setup:

Note that passive speakers and amp require you to purchase speaker wire separately (fairly cheap) and strip them (youtube video will guide you, very easy). Or if you like clean cable management and easy setups, banana plug cables from amazon will set you straight, and while these banana plugs and cable are nice and PURELY OPTIONAL, they will add up in cost as your buy more of them for frankenstein 2.1 cabling. Also a 3.5mm to rca cable will be required. The connection will be your pc -> 3.5mm->rca->amp->speaker wire-> speaker wire->speaker. (replace speaker wire with banana plug if going that route). Subwoofer connection will be explained in subwoofer section.

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AMPLIFIERS

Okay here is where we need to get into specific numbers. Active speakers have built-in amplifiers so they are exempt. But passive speakers will require separate amps and so you will need to pay attention to certain specs. In speakers you will need to pay attention to their impedance (measured in ohms) and their sensitivity (measured in xx db/1m/1w). The typical mini amplifier will be class D (small form factor amps for desktop use) and their wattage per channel will be usually expressed in 4ohms. Take for instance the popular SMSL SA50. This is an amp that delivers 50 watts to its 2 channels, rated at 4 ohms. Speakers will have impedance of 4, 6, or 8 ohms usually. 50 watts at 4 ohms can be 25 watts at 8 ohms, but is probably more like 20 watts at 8 ohms, refer to product specs for specific wattage ratings at specific ohms. Speakers with high sensitivity (85-95 db/1w/1m) that have 6 ohm impedance are easier to drive with lower wattage.
But here's the thing, an the smsl sa50 will not deliver 50 CLEAN watts. Somewhere in the 30-40w range distortion will start to appear. But for reference, 30 clean watts is enough to drive sony cs5s to uncomfortably loud levels in an apartment (the whole apt, not just your room) so listening on your desktop, you only really need 10-15 clean watts (only after turning up your preamp input to maximum volume, which in this case is your youtube/windows10 volume level). Do note that if you have the space, a used $60 AV Receiver that will just shit out watts and have 5.1 surround will be the best, but these things are massive.

Example options

If you need more watts than the AD18, you're gonna need to get a class a/b amp that just shits out watts for cheap, or get a used av receiver. If you want a new one, the best budget option is the DENON AVR-S540BT 5.2 channel AVR from accessories4less.

SUBWOOFERS

Good subwoofers are expensive, and cheap subwoofers will hurt your listening experience rather than improve it (muddy boomy shitty bass). Your best bet may be to simply find a used subwoofer from craigslist or offerup, just dont get the polk audio PSW10, this is a very common sub you see on the 2nd hand market, because it is a shitty sub and so people get rid of it. Now as to whether you need a subwoofer. If you are in a dorm, don't get a subwoofer. Because.... if you live in a dorm, do not get a fucking subwoofer. Now if you live in a small apartment, fear not, proper subwoofer management will save you noise complaints. A good subwoofer will produce good quality low end you can hear and feel without having to turn up the volume. You want to look at the subwoofer's lowest frequency it can go to. That will show you how "tight" the bass will be. Now, low volume levels on a good sub will produce that bass for you without vibrating your walls (though subwoofer and speaker isolation as well as PLACEMENT (refer to the sub-crawl) will do more for getting the most sound out of your speakers without having to turn up the volume....and just turn off the sub after a reasonable time)
Now as to how to add a subwoofer to your system will depend on what setup you have and the available connections. If your speakers or amplifier has a subwoofer output, simply connect that to your subwoofer, set the crossover freuency (the frequency at which the subwoofer will start making sound) to 80hz, or lower depending on how low of a frequency our bookshelves can go down to.
If your speakers/amp do not have a subwoofer out, you will need to find a subwoofer that has high level speaker inputs. You will need to connect your bookshelves to the speaker outputs on the subwoofer via speaker wire/banana plugs, and then run speaker wire/banana plugs from the subwoofer input to your amplifier, ending with rca to 3.5mm connection to your pc.

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HEADPHONES

Okay, I keep saying headphones and not headsets right. But you ask, Kilroy, you're an idiot. You're posting on buildapc for PC gamers and builders but you're talking headphones and not headsets. How idiotic are you? Pretty big, but friends hear me out. Now I used to live in South Korea, where PC Bangs (internet cafes) set the nation's standards for computers. All the places had to get the best bang for the buck pc gear to stay in business and remain competitive (all 100 computers at these places had like i5-6600k and gtx 1080 in 2015 or something I don't remember, along with mechanical BLUE SWITCH FUCCCCCCKKKKKKKK (imagine 100 blue switch keyboards being smashed on in a small underground area in Seoul) keyboards and decent headsets.
So I have tried MANY MANY different headsets, here is my conclusion. Just get proper headphones and get either get an antlion modmic, or V-MODA Boompro mic both available on amazon. (short list of mics later) or get proper headphones and usb mic. Okay, I have seen the headphone recommendation list, and the only one I would give any (if at all) weight to in the usual pc websites that our subreddit goes to, is the list from rtings. These guys mainly measure monitors and tvs (very well might i add) but the writer for their audio section is lacking it seems.
Please dont get Astro AXX headphones or corsair rgb xxxxxx w/e. Please for the love of god, take your good hard earned cash and get yourself a NICE pair of cans my fellow PC users. The mic part is secondary as GOOD headphones will forever change your PC using and music listening experience FOREVER
The TWO EXCEPTIONS that I have observed to this rule are the Hyperx Clouds and Cooler Master mh751/752.

Example options

Now obviously, there's other choices. A metric fuck load of them. But I had to account for how much you should be paying (price range) for upgrades in sound quality and performance.

Example options (Wireless headsets)

Okay. Wireless headsets, now let's think why do you need a wireless headset? Do you want to walk around your house while on discord? Maybe you want to keep the headset on while having to afk real quick for a smoke break or whatnot.

HEADPHONE AMP/DAC (digital to analogue converter)

My knowledge/experience with headphone amps and dacs are...extremely lacking, I'm more of a speaker guy. But, here is a list for you guys.

MICS

Other mics? Yes, but are they worth the extra $$ for marginally better audio recording? You decide.

Concluding remarks

Cool. Stay safe in these dark times brothers. Have a glorious day.
submitted by Kilroy1311 to buildapc [link] [comments]

FIRE and Kids – The cost of raising children in Australia

This post has been inspired by this recent podcast featuring three of the biggest names in the Aussie FIRE blogging community, and the follow on discussions in the Aussie Firebug Facebook group about how much it costs to raise kids in Australia. As all three acknowledge they don’t have kids so it’s not something they really have any experience with.
As someone who has two young kids I thought it would be useful to write about it from my perspective. Obviously my situation isn’t the same as everyone else’s, there are plenty of people who would be horrified with how much we’ve spent, and others who would wonder how we manage to spend so little. Everyone’s situation is different, so what works for my family wouldn’t necessarily work or others.
My oldest child has only just started school this year so I can’t really speak from experience beyond the 0-5yo age range, but I’ll talk through some of the typical costs, what we have and haven’t spent money on so far, and what we’re anticipating in the future.
The costs people actually talk about The first two things that almost always come up when people start talking about the cost of babies are prams and carseats. Yes, you can spend a lot of money on these things if you want to, prams in particular. From a quick look at Baby Bunting the most expensive pram there is nearly 3 thousand dollars, and I’m betting that with a few accessories you can easily get over that mark.
No, you do not need to spend that much on a pram. Yes you can probably pick one up on the cheap from Kmart or Target etc for well under a hundred bucks, but it’s probably not going to be as sturdy or hold much of the gear you take with you. Happily a pram is also the sort of thing where you can pretty easily and safely pick one up secondhand or get a hand me down from someone else.
We bought a Babyzen Yoyo, which is basically a small sized pram although it still has enough storage room for us. It folds up so that you can take it on a plane as carry on luggage, is quite light, extremely maneuverable and very sturdy. I’ve taken it running plenty of times, it’s even got a Parkrun PB of 22:06!
This thing is absolutely gold. Unfortunately it’s priced as though it’s made of it as well. There wasn’t an option to get one second hand because it had only just been released so we had to pay full whack. I think we spent over a thousand dollars on it including all the accessories and the lie flat and sit up seats etc.
It was worth every cent. It’s been going for 5 years and 2 kids and is still in great shape, we’ve never had a problem with it at all. My wife tells me it is one of the best things I have ever bought her, although we both use it obviously.
And at the end of the day a one off cost of $1,000 for us as a family is going to have basically zero impact on when we hit FIRE. Plugging the numbers into a compound interest calculator and using 7% annual return over 30 years I miss out on $8,000, which is about a month worth of returns on my target portfolio. I can live with delaying retirement one month for about 5 cumulative years of having a really good pram that works great for us.
Similarly you can spend a fair chunk of money on car seats. This is one of those things that I wouldn’t want to get second hand because you can’t see if they’ve been broken or not and safety is a huge priority for us and presumably everyone else.
Happily car seats don’t tend to cost that much, you can pick one up for a couple hundred bucks or less pretty easily. If you do that it tends to be one for a much shorter age range, say 0-2yrs whereas I think you can get ones which will take your kid from 0-8 but they cost a lot more. In any case per kid you’re probably looking at a thousand bucks total, and this could easily be a lot less.
Again it’s not going to make any appreciable different to us reaching FIRE. So as easy as it is to point at this sort of stuff as being ridiculously expensive and over priced etc, it’s really not going to make much of a difference to most people. Sure you don’t want to spend any more money than you have to, but you also want to make sure you’re getting something that works for you.
The other one off costs There are also a bunch of one off costs for babies and young kids like cots, beds, mattresses, baby carriers etc. From what I’ve been told you want to buy a baby mattress new, but that’s only about a hundred bucks at Target, potentially cheaper elsewhere. We have an Ikea cot which cost about the same, you could easily get one second hand or likely for free just by asking around your friends who will probably be delighted to get it out of their house.
Some people do co-sleeping in which case you don’t need the cot and mattress although you may like to kid yourself that your baby will actually sleep in their own bed, maybe even through the night. It’s nice to pretend sometimes!
As kids get older you’ll need a proper bed for them, again you can probably pick this up second hand pretty cheap and a mattress can be easily had for a couple hundred bucks. So none of these things are really going to have much of an impact so long as you’re a decent saver already.
The big costs you see When you don’t have kids it can be great to live in a studio flat or one bedroom apartment in the inner city close to all the bars and restaurants and all the rest of it. You can stay in your local area and have plenty to keep you entertained, there is probably a supermarket nearby and plenty of public transport so you may not need a car either.
Once you have kids, it’s likely going to be a different story as your priorities change. It may be that you’re happy renting with kids, but lots of people tend to prioritise stability and security when they have kids and that means owning your own home in most cases. I’m not saying everyone will want this, but a lot of people will.
So now that you have kids you almost certainly want a second bedroom and if you’re planning on having more kids maybe a third or fourth etc. Obviously kids can share bedrooms for a while at least but sooner or later they will probably want their own space, as will you.
You’ll also be wanting parks with playgrounds nearby and somewhere you can easily take your kids for a walk or kick a football around, ideally in a good school district which can add a couple hundred thousand dollars to the cost all by itself if you’re in Sydney or Melbourne. And if you want to live somewhere cheaper but send the kids to a good private school, well that can cost anywhere from the low thousands to multiple tens of thousands per year.
Similarly if you didn’t have a car before, you will very likely want one now. I’ve mentioned before that we drive a base model Corolla which works just fine for us so far, but you’re still probably looking at $20k plus if you buy one new, mid teens if you want one used. If you want an SUV or a luxury model car, be prepared to fork out a lot more.
In the same vein if you were previously going on lots of holidays and plan to keep doing so, well you now have at least one more plane ticket to buy, might need a bigger hotel room etc. As I talked about in this post about big ticket items, that all comes at a real cost. We bought land and built a house, so I can say that we spent roughly $100,000 more on that than we would have otherwise.
The ongoing costs There are also a bunch of ongoing costs for kids as well. They need to be fed, they need clothes and shoes, they need medicine, and a bunch of other stuff that costs money. I wrote here about a bunch of things that we do to keep costs down, but the reality is that you still have to fork over a decent chunk of change.
On top of all that contrary to what you might have been told public school is not free, there are a bunch of things that you have to chip in for here as well. We’re not at the stage that we’re forking out a fortune in extra utility bills etc but we certainly use the washing machine a lot more than we would if we didn’t have kids, there are extra lights and tvs etc on so there are extra costs there as well.
There are also a bunch of extra items that you don’t really need to spend, but probably will. For us this includes stuff like swimming lessons, some sports like AusKick (AFL) and Junior Blasters (cricket), occasionally taking them to a theme park or zoo etc. They also get birthday and Christmas presents, and if they get invited to other kids parties they take a store bought gift with them.
The above is about what I think our 5yo costs us at the moment based on our spending, our 2yo is probably about two thirds of that due mostly to her not eating as much and not getting swimming lessons yet, as well as not being in school or doing sports.
I’ve left the holiday line blank because this is hugely variable. Last year we did a trip to the UK and it probably cost us about $3,000 extra between the two of them, next time it will be another couple thousand dollars more because the youngest one will need her own seat rather being on someone’s lap for the flights.
So our spending for our eldest is about two thirds of the costs quoted in this article for a 6yo girl, I would assume that apart from a boy maybe eating a bit more the costs should be fairly similar. The main difference compared to our costs seem to be education and transport.
Also, it was somewhat shocking to me just how expensive swimming lessons are! This is actually at our local council aquatic centre and is the cheapest in town. We do get to use the pool whenever we want, but that only tends to be once or twice a week at most. At least the lessons will hopefully only be for a few years for each child, although after that we may be forking out for something else instead.
The hidden cost of kids The biggest cost is often actually one that doesn’t show up as an expense, the opportunity cost of one parent giving up paid employment entirely for a while or doing part time hours (I’ve used the phrase giving up paid employment here because looking after kids and a house is definitely work!).
If we say that you’re giving up a full time paid job that’s at minimum wage of roughly $20 an hour for 40 hours a week, 48 weeks a year, then that’s $38,400 a year ($33,605 after tax and medicare levy) that the family is giving up for however long this goes on for. If you’d otherwise be earning more than that, then the opportunity cost each year is even higher. On top of that there is the hit to your career and future earnings, because those are definitely going to be impacted as well.
If you’ve got two kids that are separated by two or three years and you as a family want a parent at home until they go to school, well that’s 7 or 8 years of missing out on that money which works out as around $250k based on a full time minimum wage job. I’m pretty hopeful that my wife would be earning more than minimum wage as well so for us it’s even more than that. On the plus side, she gets to spend more time with the kids although that probably feels like a mixed blessing some of the time!
Alternatively if both parents want to keep working then there will likely be childcare costs for the first 4 or 5 years and then before and after school care, as well as missing out on spending time with their kids. Because we haven’t gone down this route I don’t know exactly how much it costs, I do hear plenty of stories about it being $100 a day minimum around where I live and it’s a lot more in capital cities. There are subsidies available for this, but you can pretty easily be spending tens of thousands each year on childcare while they’re young and then once they’re old enough before and after school care.
You may be lucky enough to have grandparents or other family nearby that are happy to help out with this if they live nearby, but that won’t apply to everyone and it’s unlikely to reduce the cost entirely.
The costs that are yet to come At the moment our kids are still young and fairly inexpensive. Between the two of them they tend to eat roughly what a grown adult eats, but from what I’ve been told that will change fairly dramatically as they get older. They’ll need new clothes more frequently, more shoes, potentially play more sports, go on more school excursions, you get the idea.
Education could be another factor. There is a public high school that will be built in the next few years quite close by, and assuming that it’s decent our kids will likely be going there. But if it’s not, then we’ll have to look into private schools which can cost anywhere from a few thousand dollars to tens of thousands.
There will be extra curricular stuff as well. Given my wife and I are both horrible at music it seems unlikely that our kids will be doing extra lessons there, but there are plenty of other areas like sport or extra educational activities that we’d be considering. I know a few parents who have kids who are in elite sports programs (as in regional or state teams) and the costs here can very quickly add up, likewise if extra education is needed or wanted then that’ll be an extra expense.
Government and other assistance I know that depending on your circumstances that there can be government assistance in the form of Family Tax Benefit, childcare subsidy and possibly other programs as well. We don’t get any of these which is fine, we don’t need them and they are presumably meant to be for those who do. If you’re not sure if you should be getting any of these then Centrelink does have this payment finder.
We did get the one day a week Kinder program for 3yos and 3 days a week Kinder program for 4yos, although these both also came with costs of roughly $1,500 a year so it actually cost us money, again this is fine, just a reminder that it isn’t actually free.
Depending on your employer you may also be able to get parental leave for a while, and there is a minimum payment which they have to make so long as you’ve met some requirements. Some employers may also have some continuing support with subsidised childcare and the like. None of this was applicable to our situation but at least some of it will likely be available for others.
So what’s the bottom line? For us the biggest actual one off cost so far has been the bigger house and land that we purchased because we wanted our kids to be able to have plenty of space inside and outside the house. That cost about a hundred thousand dollars more than we would have paid if it were just the two of us. All the other stuff like a pram, car seats, cots/beds, mattresses and all the rest of it have been maybe $5,000 total, which is tiny by comparison.
The opportunity cost has been bigger than this though. When we had our first child when we were in Hong Kong my wife wasn’t working much anyway as there just weren’t that many jobs she could do and my wage easily supported both of us so she was doing some very casual part time work and so not doing that work afterwards didn’t impact us much.
In Australia though she probably would have been earning at least $40,000 a year after tax, so we’ve foregone almost $200,000 on an after tax basis there. Which as I’m sure you can imagine has a pretty big impact on when we will hit FIRE, particularly given we’ve got another few years or her not being in paid employment at all and then likely only working part time after that. So I would guess we’ll be looking at forgone earnings of at least $500,000 by the time all is said and done, and it could quite easily be a lot more.
The actual ongoing costs of the kids so far haven’t been too bad. Between the two of them it’s about $8,000 a year at the moment, although we would anticipate that this will go up a fair bit over time as they start eating more and getting into more extra curricular activities. I get that this is spending that isn’t a necessity, but do I really want my kids to miss out on a bunch of fun stuff so that I can retire a year or two earlier? No, no I do not.
So far the total costs look something like this. You can see that by far the biggest cost has been the earnings that we’ve missed out on because my wife has been at home looking after the kids and doing the household stuff (yes I do some of it because I think it’s important that we share the jobs and to role model stuff for the kids, but the reality is that she is at home a lot more than I am and does more of it). Buying a bigger house and land is next, and the actual costs of feeding and clothing and all the other one off stuff for the kids is a tiny proportion of the actual cost.
All up I’m hopeful that we can keep the ongoing costs to somewhere between $125k and $150k per child from birth through to age 18, although if private school is necessary then that will push up the costs a fair bit. This is less than half of what this article suggests, so although it sounds like a lot of money it’s actually fairly frugal by comparison.
To put it in perspective, it’s basically spending about 7 or 8 grand a year on each child. There are plenty of people out there who spend more than that on food alone, let alone the rest of their living expenses.
As I said earlier travel costs are on top of this, and this can increase the costs quite a lot! Travel is a huge part of the reason we’re pursuing HIFIRE, and we want to be taking the kids on plenty of holidays while they’re growing up.
That’s obviously discretionary spending to a large extent, but we do have close family living overseas who we want to see every couple of years or so, and it’s not fair to expect them to always be the ones travelling. I would guess that we’ll be looking at about $50k per kid in travel costs by the time they turn 18. That’s about 3 grand a year, which doesn’t sound wrong based on the cost of international travel. It may be less than that which would be great, but could also be a fair bit more.
So all up for the two kids we’re looking at about a million dollars from birth to age 18. About half of that is the foregone wages from not working, which is by far the biggest impact. The actual cost of the kids is about another 30%, then travel is 10%, another 10% for the bigger house and land. And then right at the end is less than 1% for the one off stuff like prams and baby seats and cots etc.
How could we spend less? Obviously there are other things we could be doing instead to keep the cost down. The biggest expense is the wages that aren’t being earned because my wife is looking after the kids and the household stuff. We could have chosen to have her work and instead pay for childcare and after school care etc.
If we did though then she wouldn’t get to spend as much time with the kids (which she tells would be welcome some of the time!) and there would be a lot more house work and shopping that would need to be done after work or on weekends for both of us, we’d potentially eat out more often as it’d be more of a hassle cooking meals each night, as well as a bunch of other tradeoffs.
So having her stay at home was our preferred method, and thankfully we’re in the financial position where we can afford to do it that way. Other people make different choices, or they’re unfortunately not in a position to make a choice, they need both partners working or if they’re a single parent have to do it this way.
We could have also gone with a smaller house and less of a backyard. I shared a bedroom with my brother for part of our childhood and we both managed fine. It’s not ideal, but it’s certainly doable, and we could have saved a lot of money by having a smaller house. Again we chose not to because we wanted a bigger house and a decent sized backyard for them to be able to run around in and we can afford it.
We don’t have to travel, although it’d be a bit rough expecting family to travel overseas to see us every year or two and then not reciprocating. Still, that would save a fair amount of money.
It’s pretty hard to say how things will work out with the actual costs of raising the kids. I know roughly what we’ve spent so far, but it’s pretty difficult to know what we’ll be spending in future as they get older. They’re likely to be eating a fair bit more food, s they grow they’ll need new clothes and shoes, they’ll presumably be playing sport and doing other extra curricular stuff which will all cost money.
$150k per kid from 0 to 18 seems like it’s a lot less than what it costs most people, but then we already live a fair bit more cheaply than most others so maybe it’s about right.
At the end of the day we’re happy with the choices that we’ve made so far, but there has certainly been some room to have spent less money than what we have, or to have had more money coming in through both of us being in paid employment. Obviously it has an impact on when we will hit our FIRE number, but I’d rather take a little bit longer to get there than to make different tradeoffs along the way.
Have you got kids or are thinking about having them? How do you think it will impact on your FIRE journey?
Original post with pretty charts, pictures, tables etc is here.
submitted by AussieHIFIRE to fiaustralia [link] [comments]

MLB Run Line Betting How to Become a Bookie 1 Sports Betting, Money Line, Spread, Total Point Spread Betting Explained: Sports Betting 101 What is Over/Under - Totals Betting. How to Bet the Total: Over/Under Betting Explained

The over 44 and under 44 are the total points which are used in the total bet. The minus sign (-) always indicates the favorite. The plus sign (+) always indicates the underdog. Moneyline betting. Money line bets are on the winner of the event. In the example the -170 for the Patriots means that you have to risk $170 to win $100. In the world of sports betting, a moneyline bet is simply betting on which team you expect to win. It doesn’t have anything to do with a spread. You may also see a moneyline bet listed as “Money Line” or “ML” in different spaces. Money lines are represented in negative and positive values. Negative moneyline: -145, -220, or anything In point-spread betting, the bookie hopes to have an equal amount of money wagered on each team, which guarantees a profit. In moneyline betting, the bookie assumes most people are going to wager on the favorite and sets the line on the underdog so as to cover any potential losses on the favorite. One of the most popular ways to bet on sports is the moneyline. This common betting option is used by new, recreational and experienced bettors and it’s one of the simplest ways to make a sports bet because you’re wagering only on which team will win or lose. The easiest way to understand moneyline wagers is by using a $100 bet. Using an example from Super Bowl 54, the moneyline on the underdog San Francisco 49ers opened +108 at DraftKings Sportsbook.A $100 wager would pay $108 profit if the 49ers won the game (for a total payout of $208).

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MLB Run Line Betting

Joey Shadeck of https://www.bettingbuck.com/ defines moneyline bets, spread bets, and total bets. BettingBuck reviews online sportsbooks and provides sports ... Betting against the spread is most common in football and basketball, but understanding it will also help you understand run line and puck line betting in baseball and hockey too. How to Bet the Total: Over/Under Betting Explained ... Run line Explained - Duration: 4:37. Odds Coach 6,114 views. 4:37. Can You Make Money Sports Betting? - Duration: 6:03. Odds Coach ... The Typical Betting Lines The Money Line: This is a bet to either win or lose, and it is based on a ten-cent line. This means that for every one hundred and ten dollars a player bets, he gets an... Learn what it means to bet the Total and how to read the odds when it comes to picking the Over or Under. This Sports Betting 101 video will have you cashing tickets in no time.