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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.

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Old 08-06-2012, 11:50 AM   #2116
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Re: is this is a good idea...

seems like a fine idea, but just remember that youre splitting the profits so your bankroll is going to grow half the speed it would normally when you do have winning sessions

4k for 2/3 is ~13 BIs which isnt terrible, but obv not well protected

imo i would just grind it up by myself and take 100% profits/losses... set limits for yourself like stopping after you win/lose 2-3 buyins
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Old 08-06-2012, 11:56 AM   #2117
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Do not take the deal, things will go sour. It always does.

Grind it up yourself, feel good about accomplishing something on your own.

The rewards of that alone outweighs the problems with a stake.
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Old 08-06-2012, 11:56 AM   #2118
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Re: is this is a good idea...

i would mix it up play 1/2 and 2/3....

If you lost a couple BI on 2/3, move down to 1/2 and grind it up again...
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Old 08-06-2012, 11:58 AM   #2119
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Re: is this is a good idea...

wouldn't take the staking deal...
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Old 08-06-2012, 12:53 PM   #2120
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Re: is this is a good idea...

You have plenty to play 1/2 and mix in taking shots at the higher stakes when you are winning. Say you get up a BI @ 1/2 then move over to a 2/3 game using some of your profit to subsidize your play until you are comfortable with your bankroll at the larger stakes. I wouldn't go for the staking deal personally, you just aren't going to win that much @ 2/3 to be able to give away half of your profits. You're much better off playing at a lower stake and keeping all of your money.
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Old 08-06-2012, 12:56 PM   #2121
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In order to take this deal you.need a make up.
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Old 08-06-2012, 12:57 PM   #2122
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Re: is this is a good idea...

Quote:
Originally Posted by 1ns71nct View Post
In order to take this deal you.need a make up.
make up?
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Old 08-06-2012, 12:59 PM   #2123
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Re: *** Official Winrates, bankrolls, and finances ***

Quote:
Originally Posted by RobFarha View Post
I see so many people in my room just walking around talking/sweating friends.

I think a majority of them are broke though.
+1

Imo, don't trust anyone in the poker room about what their earn is, how much they've made etc. Unless they're someone you're close with and whose game you respect from watching them for a while they're very likely to be totally FOS.

I see so many people in the poker room that are there every day that are legends in their own minds that talk so much s- and all they do is make mistakes, complain about fish when they lose etc.

I'm sure this extends to the higher limits, because I see people at 2/5 that claim they play 5/10 that are bad but they are in the room every day playing.
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Old 08-06-2012, 01:04 PM   #2124
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Quote:
Originally Posted by lakerz4life7 View Post
make up?
this is by no means what % of make up I advise, I honestly am not an avid staker. But you need a make up for this to be worth your time.


For example your package is $8000 total.

You are selling 50% at 1.1 mark up.

50%=4400 (4000*1.1)


You would have to add in over "X" amount of hours, if online would be hands.
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Old 08-06-2012, 01:10 PM   #2125
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Re: is this is a good idea...

dude, i'd just play the 1/2 and built your roll up and move up and take shots when you are running good and beating the game consistently-shouldnt be hard, 1/2 live is filled with brain-transplant donors/mouth breathers. Sounds like you are rolled up enough for 1/2. Take shots at 2/5 if you run good(pretty easy game too). I wouldnt think about a staking deal unless you are playing horribly, running bad, and flaming your roll to under 8 buy-ins for live 1/2(if you are decent you be able to make this up with some time and leak/tilt adjustments). I've never played staked and the idea of splitting my profits unless absolute last case option makes me cringe.
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Old 08-06-2012, 01:53 PM   #2126
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Re: is this is a good idea...

Just play on your own, and pray you don't get doomswitched.
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Old 08-06-2012, 02:45 PM   #2127
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Re: is this is a good idea...

Quote:
Originally Posted by lakerz4life7 View Post
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...??
save up 6k, then only play on good times when youre happy and not upset. Like fri/sat night
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Old 08-06-2012, 02:47 PM   #2128
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Re: *** Official Winrates, bankrolls, and finances ***

+eleventy

I was able to take $300 and grind it up to $14K in two years of playing $1/2 and $1/3. And my winrate was terrible for the first 1.5 years. It has really picked up the last 6 months as I gained experience and confidence from learning from my mistakes and having a bigger BR.

If you are smart and emotionally stable, you can succeede at small stakes.
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Old 08-16-2012, 02:15 AM   #2129
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Playing 2-5 or 5-10 for a living

Hi Everyone, I have been playing poker for 7 years and just turned 22(not much significance there lol). I have been really profitable live but for some reason cant online. I think i get bored of playing online and rather do other things on my computer so i lose focus. Anyways, i have a bankroll of anywhere 5-10k and will strictly play cash ( because tournament variance is to high). The questions i have is,

1. How much on average does a 2-5 or 5-10 player make a month playing LIVE NLH?

2. Is it stressful playing these limits for a living?

3. Any advice or thoughts for a young kid like me with good results for the past few years and living at home with almost no commitments.

I WOULD LIKE TO HEAR FROM PLAYERS WHO DO THIS FOR A LIVING OR WHO HAVE LIVED THIS LIFESTYLE IN THE PAST.

Thanks to all,

BWEEZY90
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Old 08-16-2012, 02:21 AM   #2130
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Re: Playing 2-5 or 5-10 for a living

I think you need a larger bankroll as well as a solid number not anywhere between the former and double itself.

Are you currently beating 2/5 and 5/10 live at casinos or are you beating home games and 1/2 casino.

Your lack of winning online could be multiple reasons, lack of attention is something you will need to work on because grinding tables live can get monotonous if you're folding correctly.

Where do you live and where would you be playing 2/5 or 5/10? (this is important)

My advice, take your time, explore your options and live life the way you want to live it while you have no commitments because it gets much more difficult later on.
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