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| Live Low-stakes NL Discussion of up to 3/5 live no-limit, pot-limit and spread-limit Texas Hold'em poker games, situations and strategies. |
07-30-2012, 08:31 PM
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#2101
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newbie
Join Date: Jun 2012
Location: The Vale
Posts: 33
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Re: *** Official Winrates, bankrolls, and finances ***
Note to mods: I have a question here and I think this is where I'm supposed to post it, if this should be moved elsewhere, please move it.
It was referenced a few pages ago that most "pro" players don't put in enough hours at the table. Are there reasons why the players arn't putting in 30-40 hours a week? I'm thinking that it might have something to do with the unstructured nature of the "job", and the crazy hours on the weekends.
And no, answering this question will not suddenly inspire me to tell my boss to go to hades, cast the die, cross the rubicon, or take the red pill. I am just curious. I actually like my job.
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07-30-2012, 09:15 PM
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#2102
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Carpal \'Tunnel
Join Date: Jan 2005
Location: Enlightenment
Posts: 14,245
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Re: *** Official Winrates, bankrolls, and finances ***
because people don't play poker to be miserable
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07-30-2012, 09:15 PM
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#2103
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veteran
Join Date: Jun 2012
Posts: 2,180
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That's a good question actually. I'll start off by tossing in a few possibilities:
1. Few can sustain the long hours in an environment such as the casino and deal with all of the bullcrap.
2. Most people aren't choosing poker so they can do the same thing as a 9-5 job.
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07-31-2012, 03:09 AM
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#2104
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adept
Join Date: May 2012
Posts: 778
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Re: *** Official Winrates, bankrolls, and finances ***
I do have hm but my sample size is lolbad and my game is changing too much to say something about winrates. But tnx for the advice guys, guess i am not going to do it in that case and stick to online.
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07-31-2012, 07:22 AM
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#2105
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enthusiast
Join Date: May 2012
Posts: 90
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Re: *** Official Winrates, bankrolls, and finances ***
here is another what is possible at live poker request.
I'm playing online NL50 (partially NL100) with a winrate of ~5bb over 100k Hands this year. I have a real job and play not that much per month (15 -20k). Therefore its more a hobby instead of a part time job and I'm at the point that without putting more time in it and the toughness of the games I'm not improving anymore.
In addition I put some money from online to play my local live games. Unfortunatelly, the lowest limits to play (legally) is 2/4 (Europe). Because of Bankroll reasons my Buy-In for the game is 300 and I move the location when getting really deep (>250-300bb). The good thing is the outstanding low rake - its ~2% capped by 6 Bucks. The level of the players is compared to online very low. Lot's of fish and regs who wouldn't beat NL10 online. Unfortunatelly in the beginning it's often short stacked. Min buy-in is 25bb.
Now my question to you more experienced guys. What is possible in a game like this? I do have a very high win rate on a tiny sample size and therefore I know this isn't sustainable.
Another negative aspect is that I have only a few games running 1-3 tables (only a few hours in the evening) and lots of regulary (bad) players who might adapt to me. For example, I saw a fishy player tigthen up his game against me because he had some bad/expensive experience.
What are your points of figuring out your egde at the table live to gain a good win rate. Is it enough to have only two fishs and 7 weak to medium regs at a table? Online would it be a dream scenario but is it enough live?
I'm really thinking of reducing my hours in my current job (that would be possible) and start putting some more hours in live poker play.
Thanks for replies
SB
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07-31-2012, 10:35 AM
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#2106
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centurion
Join Date: Aug 2010
Posts: 100
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Re: *** Official Winrates, bankrolls, and finances ***
I have a pretty small sample size in Europe but in the casino outside Madrid I was playing 1/2E and it was the craziest game ive ever played in.
10 to the flop some hands on limps, open raises to 50 with QJ and only 50 behind, people calling all in on the river with one pair. People check/calling flushes...
I can't imagine how to even estimate what win rate is possible in a game like that. I won 600E which was around $900 in ~3-4 hours. I ran alright, but nothing spectacular. Just stuff like shoving my AK, AQ, 88+ hands over the top of a 10E raise with 6 callers behind was ridiculously profitable. Half the time i was flipping, half the time i had them dominated. I got to limp a ton of hands in late position, it was just bizarre.
I'd imagine in a 2/4E game there you could easily win 10BB/hr and I wouldn't be shocked if you could win 15-20.
Does your game play crazy like this also?
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07-31-2012, 11:04 AM
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#2107
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enthusiast
Join Date: May 2012
Posts: 90
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by rallydurham
I have a pretty small sample size in Europe but in the casino outside Madrid I was playing 1/2E and it was the craziest game ive ever played in.
10 to the flop some hands on limps, open raises to 50 with QJ and only 50 behind, people calling all in on the river with one pair. People check/calling flushes...
I can't imagine how to even estimate what win rate is possible in a game like that. I won 600E which was around $900 in ~3-4 hours. I ran alright, but nothing spectacular. Just stuff like shoving my AK, AQ, 88+ hands over the top of a 10E raise with 6 callers behind was ridiculously profitable. Half the time i was flipping, half the time i had them dominated. I got to limp a ton of hands in late position, it was just bizarre.
I'd imagine in a 2/4E game there you could easily win 10BB/hr and I wouldn't be shocked if you could win 15-20.
Does your game play crazy like this also?
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Total differently. I had an evening where I got a preflop all-in call with j3s for 120bb (he obviously flopped a flush) and a blind 3bet to 50 and 3 callers before cards where dealt. But there are also days where you have some nitty shortstackers and medium regs and you have no alternative to move.
the question is also how important is my life inexperience. I'm sure to be above most of the players in strategic points of view but I might be not that good in reading/giving tells etc. How would you factor that into a winrate?
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07-31-2012, 01:40 PM
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#2108
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centurion
Join Date: Aug 2010
Posts: 100
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Re: *** Official Winrates, bankrolls, and finances ***
I wouldnt worry too much about the tells. My suggestion would be to figure out when the games are good and cut back work hours around those times and avoid the nitty reg games altogether.
Set a goal, say I want to make 5,000E or 10,000E playing these types of games. If you can do that then proceed from there. If you can't beat the horrible players for a lot, why even bother learning how to play when the games are tough and you have to grind and deal with variance?
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07-31-2012, 03:01 PM
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#2109
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old hand
Join Date: Dec 2009
Location: doin teh gamboool
Posts: 1,330
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by Lord Baelish
It was referenced a few pages ago that most "pro" players don't put in enough hours at the table. Are there reasons why the players arn't putting in 30-40 hours a week? I'm thinking that it might have something to do with the unstructured nature of the "job", and the crazy hours on the weekends.
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I play full time. Most "pros" that I see on the scene are not particularly skilled and are mostly posing (when they are at the casino they are not playing but walking aound and being seen. Obviously there are a handful that are highly skilled and logging serious hours - but sooo many just want to play the part of the rock star and not do the work.
That being said I know that I am not a rockstar - I'm a bar band...I cant write a hit song but I can play most tunes. And to make it as a bar band you have to go out and WORK your ass off.
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08-01-2012, 01:29 AM
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#2110
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veteran
Join Date: Jun 2012
Posts: 2,180
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You're confusing pro, someone that plays poker for a living, with poker celebrity.
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08-05-2012, 11:10 AM
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#2111
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newbie
Join Date: Jun 2012
Location: The Vale
Posts: 33
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Re: *** Official Winrates, bankrolls, and finances ***
I should have been more specific in my earlier post. By "pro" I meant someone that finances a majority of their lifestyle of off playing poker.
We don't get celebrities where I play. We make do with trust fund kids and grocery store owners.
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08-05-2012, 02:19 PM
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#2112
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Pooh-Bah
Join Date: Feb 2010
Location: 3betting your face off
Posts: 4,109
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Re: *** Official Winrates, bankrolls, and finances ***
I see so many people in my room just walking around talking/sweating friends.
I think a majority of them are broke though.
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08-05-2012, 05:07 PM
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#2113
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grinder
Join Date: Jan 2009
Location: pinch hitting for Pedro Borbon
Posts: 480
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by 11t
because people don't play poker to be miserable
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This. If I'm able to play 25-30 hrs/wk and still pay the bills (and live in the style that I'm accustomed to), then I see no reason to play more. I would bet the farm that the majority of people working 40+ hrs/week for someone else would work less if given the option.
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08-06-2012, 11:42 AM
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#2114
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newbie
Join Date: Oct 2011
Posts: 28
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is this is a good idea...
so i tried to set aside a poker bankroll for poker... which is around 4K...
and the ideal game i would like to play is 2-3 NL 100-300$ BI
so realistically my bankroll is pretty small to buy in for max... which is 100 BB.. but i wouldnt feel comfortable for buying in with anything but max...
but my question is.. one of my buddies decieded to stake half the max bi with me.. in exchange for half the profits... i understand hes getting teh same amount of cash for no work... but its lets me play a better game for a cheaper price.. and ill just take this as an oppurtunity to gain some knowledge and slowbly build my bankroll so i can play on my own... 8k would be cool.. maybe 10k...
any ideas...??
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08-06-2012, 11:46 AM
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#2115
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veteran
Join Date: May 2012
Location: Soul Read Blvd
Posts: 2,158
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Re: is this is a good idea...
With a little over 13 BIs I'd just play on my own. You can build your roll off that.
Cash game staking usually doesn't work out. But if it makes you feel more comfortable go for it. It's a good deal for you. He's the one really taking all the risk anyways.
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