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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. |
08-31-2010, 01:22 PM
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#226
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old hand
Join Date: Jul 2007
Posts: 1,562
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Re: *** Official Winrates, bankrolls, and finances ***
Its nice to lose 5 buyins in two days and only have it knock your hourly from $39 to $32. Volume ftw
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08-31-2010, 02:01 PM
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#227
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centurion
Join Date: Mar 2010
Posts: 101
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by sushiparlour
Have a question regarding bankroll.
Currently my bankroll is ~$1000 which is basically a result of my winnings at $1/2 and I've been buying in for $100 per game i.e. playing small stack. I've seen a lot on this forum advocating playing with a larger stack (so I can play some 'proper poker') but with my current bank roll is this too much of a stretch?
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Quote:
Originally Posted by mercuryPoison
You are underrolled for 1/2, no doubt about it.
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I understand that I am under rolled even if I play short stack ($100). But just wondering if it is more advisable, with my bankroll, to try to buy in for $200 and play a more proper game of poker or just simply buy in at the min. which at my casino is $100.
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08-31-2010, 02:15 PM
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#228
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old hand
Join Date: Jul 2009
Posts: 1,438
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Re: *** Official Winrates, bankrolls, and finances ***
I have a question regarding playing with 1-2 buyins in my roll at a time. Is it possible for me to lose 6 buyins at 2/3 $100 cap and still be a winning player? Instead of building a roll I just kept playing with my leftover paycheck at the end of the week for 1 maybe 2 buyins and I lose it everytime.
It seems like I always get my money in good except for coolers like TPTK vs set 33bb deep, so at first I thought it was variance, then I actually calculated the EV of my all in hands and I'm only like 2 buyins below EV. This doesn't make any sense to me how can I be down 6 buyins but only 2 buyins below EV? Usually I'll double up against a flush draw, then lose a flip or something and I'll be at close to neutral EV but down money.
I feel like I'm playing good too, I pretty much gave up bluffing because you can't bluff a 30bb stack and I always get my money in good or flipping but I just can't build a roll because at some point I'll be all in for $300 with my whole roll on the table and lose. The way you guys describe the game though I should have broken out and been able to build up a roll by now.
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08-31-2010, 02:17 PM
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#229
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Cant Cflat Aint My Tone
Join Date: Apr 2009
Location: Team Blue Shark Optics @friscochris
Posts: 9,839
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by sushiparlour
I understand that I am under rolled even if I play short stack ($100). But just wondering if it is more advisable, with my bankroll, to try to buy in for $200 and play a more proper game of poker or just simply buy in at the min. which at my casino is $100.
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If it is easily replenshiable (by a job or w/e) then buy in max. If it is not, then short buy until ~2500. If its the last of your bankroll go find a .25/.50 or .50/1home game. In fact with your bankroll, playing in any stake home game with no rake is probably the best solution as no money is leaving the table.
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08-31-2010, 02:32 PM
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#230
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The Situation
Join Date: Jun 2009
Location: Van down by the river
Posts: 3,547
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by s.boxer
I have a question regarding playing with 1-2 buyins in my roll at a time. Is it possible for me to lose 6 buyins at 2/3 $100 cap and still be a winning player? Instead of building a roll I just kept playing with my leftover paycheck at the end of the week for 1 maybe 2 buyins and I lose it everytime.
It seems like I always get my money in good except for coolers like TPTK vs set 33bb deep, so at first I thought it was variance, then I actually calculated the EV of my all in hands and I'm only like 2 buyins below EV. This doesn't make any sense to me how can I be down 6 buyins but only 2 buyins below EV? Usually I'll double up against a flush draw, then lose a flip or something and I'll be at close to neutral EV but down money.
I feel like I'm playing good too, I pretty much gave up bluffing because you can't bluff a 30bb stack and I always get my money in good or flipping but I just can't build a roll because at some point I'll be all in for $300 with my whole roll on the table and lose. The way you guys describe the game though I should have broken out and been able to build up a roll by now.
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The structure you have described sounds like it would be tough to beat playing short. Too much money is leaving the table relative to the average stack.
If you are trying to build a roll for long term, then if you buy in for $100 and triple to $300, leave. The game will be there again, and you are risking too much at one time. That structure seems to eliminate some of the edge you would otherwise have, although to be honest, I think you are overestimating your edge somewhat and trying to play a short stack live game like it is online.
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08-31-2010, 07:11 PM
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#231
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old hand
Join Date: Jul 2009
Posts: 1,438
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by AcePlayerDeluxe
If it is easily replenshiable (by a job or w/e) then buy in max. If it is not, then short buy until ~2500. If its the last of your bankroll go find a .25/.50 or .50/1home game. In fact with your bankroll, playing in any stake home game with no rake is probably the best solution as no money is leaving the table.
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I am buying in max.
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09-02-2010, 02:03 PM
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#232
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The Situation
Join Date: Nov 2008
Location: Philly
Posts: 1,084
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Re: *** Official Winrates, bankrolls, and finances ***
I wasn't sure if this belonged in the bankroll/finances thread or not as my question is more about playing style and whether playing style should be influenced by being underrolled.
I have been a recreational player for a long time and mostly did not play with a roll. Only recently did I make a decision to track wins/losses and make a conscious decision to separate my poker finances. I found I was often (not always) playing a more conservative and presumably lower variance style since beginning this.
Over the course of a month I ground up about a $1600 roll playing $1/2. My goal was to get it to $3K before opening my game up a little more and ultimately figure on maintaining a $4kish roll and then start dabbling in $2/5.
Anyway, week 5 of my mission didn't go so well. I ran pretty bad for 4 straight sessions and bustoe'd my meager roll. So I am back at it but my question is this:
Those of you who built a roll from scratch, did you just play your same game always or did you tighten up while you didn't have enough to cover the swings?
Is it correct to take a more conservative playing style approach (not entirely - but a lot of fit or fold etc.) while building up a roll from nothing?
I know that during the last month there were spots where I likely left profits on the table in favor of taking the lower variance line. Obviously being under rolled I am not actively seeking 52/48 preflop coinflips but I noticed in raise or fold spots I was leaning toward the fold and consequently tending to avoid those spots by only seeking fairly fat value on the river etc.
I took a week off of poker and plan to get back at it this weekend. I am thinking that I am going to try and just take my old recreational approach and just throw my winnings in my little cash box and not count it for a while.
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09-06-2010, 08:23 AM
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#233
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journeyman
Join Date: May 2010
Posts: 254
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Re: *** Official Winrates, bankrolls, and finances ***
Quick question about varience... What sort of sample (hours) would you say is reliable to figure out if you are beating a game?
I have 200 hours recorded and in the first 100 made 1700bb and the second 100 breaking even. The second 100 hours are in a new club - I moved areas, the game feels even softer than before though, I feel I still have an edge and the rake is lower than my old place!
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09-06-2010, 11:32 AM
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#234
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veteran
Join Date: Nov 2009
Posts: 2,501
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Re: *** Official Winrates, bankrolls, and finances ***
Quote:
Originally Posted by shiddy_chicken
Quick question about varience... What sort of sample (hours) would you say is reliable to figure out if you are beating a game?
I have 200 hours recorded and in the first 100 made 1700bb and the second 100 breaking even. The second 100 hours are in a new club - I moved areas, the game feels even softer than before though, I feel I still have an edge and the rake is lower than my old place!
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i'd give it at least a few hundred more. ~1k hours is probably a good sample size to really assess anything
your feeling about the game is also a strong indicator though. if you perceive a big edge and have just been running bad, definitely keep playing!
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09-17-2010, 04:31 PM
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#235
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veteran
Join Date: Sep 2009
Location: BtGB
Posts: 3,368
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Re: *** Official Winrates, bankrolls, and finances ***
Curious, what's a typical BR of live 2/5 grinders?? Those who play 2/5 for a living, and nothing else... Is 20K/40-buy-ins on aggressive side?
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09-17-2010, 04:46 PM
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#236
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grinder
Join Date: Apr 2010
Posts: 462
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Re: *** Official Winrates, bankrolls, and finances ***
Depends on how good you are, and what you count as your roll (online roll counts?) FWIW I started with an insanely small br when transitioning to live.
Honestly I don't think you need a thousand hours to tell whether you're a winning player. If you're a winning player online you're a winning player live. To accurately gauge your winrate, it's impossible also as it depends so much on the quality of the game you play in. I think using your own knowledge to assess is better.
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09-24-2010, 12:43 PM
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#237
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Pooh-Bah
Join Date: Oct 2008
Location: They see my trollin', they hatin'
Posts: 3,655
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The best hourly rate for low stakes NL live cash
I am not thinking about becoming a live LS pro or anything, but since I wandered into the casino for the first time since Vegas I was wondering for anyone who has played a ton of 1/2, 1/3, 2/4, or 2/5 live cash, what your hourly rate is. I know I sound like a newb because I don't play much live cash, but the people in the Pittsburgh casino were epicly terrible. I am not interested in some random's hot streak over a 10 hour period, I am curious about people who actually grind consistently for supplemental income.
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09-24-2010, 01:46 PM
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#238
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newbie
Join Date: Sep 2010
Posts: 34
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Re: The best hourly rate for low stakes NL live cash
over 3 years and 8 months overall average is 31.12$ playing 1/2.
2/5 is just under 80 at 79.64$
not big enough sample size imo for 5/10 so not gunna bother posting it.
EDIT: this data is mixed home games/casino
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09-24-2010, 01:47 PM
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#239
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Cant Cflat Aint My Tone
Join Date: Apr 2009
Location: Team Blue Shark Optics @friscochris
Posts: 9,839
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Re: The best hourly rate for low stakes NL live cash
This needs to be moved to the Bankroll thread.
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09-24-2010, 02:30 PM
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#240
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veteran
Join Date: Jun 2008
Location: Niagara Falls @KneedUrDough
Posts: 3,031
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Re: The best hourly rate for low stakes NL live cash
Quote:
Originally Posted by Slimdog11
over 3 years and 8 months overall average is 31.12$ playing 1/2.
2/5 is just under 80 at 79.64$
not big enough sample size imo for 5/10 so not gunna bother posting it.
EDIT: this data is mixed home games/casino
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this needs to be moved to fantasy land lol
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