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Homelessness, 1/2 NL Live grind, here we go. Homelessness, 1/2 NL Live grind, here we go.

10-19-2014 , 05:51 PM
loledmiller
Homelessness, 1/2 NL Live grind, here we go. Quote
10-19-2014 , 05:58 PM
Yeah, no body respects his opinions on LLSNL!
Homelessness, 1/2 NL Live grind, here we go. Quote
10-19-2014 , 10:31 PM
Much appreciated advice I am absorbing everything here. Love criticism as I only want to improve my game and I know you guys are much more experienced than I am. In the middle of a session now.. looking decent so far
Homelessness, 1/2 NL Live grind, here we go. Quote
10-19-2014 , 10:51 PM
Nice thread. So meny judgers i see. Just belive in urself.
And it will work out in The end.
Some day when u make it dont forget ur friends that helped u. So meny leachers out there that forgets once they make it.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-19-2014 , 11:00 PM
Thanks dude! I'm dedicated
Homelessness, 1/2 NL Live grind, here we go. Quote
10-20-2014 , 01:41 AM
Tough session. Lost 304.


Roll: 4100
Homelessness, 1/2 NL Live grind, here we go. Quote
10-20-2014 , 02:58 AM
Decided to buy back in before heading home.. recovered 250...

Roll: 4350
Homelessness, 1/2 NL Live grind, here we go. Quote
10-20-2014 , 10:23 PM
My last session was at perhaps one of the wildest 1/2 NL tables I've ever played. It's a private 1/2 game with mostly 2/5 players and the average pot size preflop was 80 dollars. I believe it went $25-30 preflop 5 ways every other hand. Stacks were 1800, 1000, 800, 500, 600, 300, 500, and I had about 600 at my highest when I was in for only 150. I got into a spot where I picked up KK when the biggest maniac who was opening 30 pre with a range of 4h5h to AA picked up AA. It was difficult for me to play in this dynamic even though I was getting in many +EV situations because they were playing for stacks every hand. Flop bets were usually $80+. It is tough when it's always 5 to a flop. I limp re raised QQ one hand when villain went 25 pre flop, 2 callers I went 110.. and it went 4 way to an A high flop and I had to surrender.. one player flopped a set with 44 and another player had AJ. Really plus EV spots just bad flops. It was pretty simple to play 100 BB or less but it was just ridiculous at 300bb deep.. I watched one player re raise a 30 pre bet to 100 with Q9o, get flatted by two red jacks.. Flop comes 9c6c3c.. Q9 check shoves a $150 flop bet and villain called an extra 650 being covered with JJ no clubs and held up.. neither player had a club.. 1600 pot.. just ridiculous.. I don't think I would have been able to make that call.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-20-2014 , 10:55 PM
As tempting as it seems playing those kind of tables is a very bad idea with a small roll. As you said, the stacks are more 2/5 stacks and they're more 2/5 players, so you shouldn't be playing until you have a 2/5 roll and can afford to buyin full. If you had a 15k bankroll and bought in for 500 at a time you wouldn't have found yourself in the spots you describe.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 12:19 AM
I agree. Very +EV but the variance is too high
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 12:32 AM
Quote:
Originally Posted by DontMentionTime28
You shouldn't be losing more than 400 dollars in one day given your current situation. My advice if you are really going to make this work is to limit your losses by only playing with 3BI a day...
Why would you bring more than 3 BI under any circumstances? I brought $800-$900 to 1/2 $300 max, one time I had only like $550, and never lost it all. One time I had the last of it on the table.



And that Ed Miller thing: don't limp (unless you're in the SB).

The SB is the worse place to limp, not the best.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 02:16 PM
Quote:
Originally Posted by eldiesel
Why would you bring more than 3 BI under any circumstances? I brought $800-$900 to 1/2 $300 max, one time I had only like $550, and never lost it all. One time I had the last of it on the table.
Because you never lost 3-buyins, nobody can?

Quote:
Originally Posted by eldiesel
The SB is the worse place to limp, not the best.
I'd be willing to bet that paying $1 with A8 from the SB is profitable and that paying $2 with it UTG is not profitable.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 03:48 PM
Losing 3 buyins in a day is definitely possible even if you are really good. Shouldn't happen that often because of the small number of hands you are going to be able to see at live poker in a day but it's still going to happen sometimes if you don't have a stop loss. In general having a stop loss is only going to hurt you unless you play -ev poker when you get stuck on the day though. No one plays their best when they are getting crushed but plenty of people play +ev winning poker even when things are going poorly. Unless you play really badly when stuck then the best thing for you is to play as many +ev hours of poker as you can. If you don't make it out of 1/2 ASAP the rake and your life expenses are going to crush you. The attainable hourly at 1/2 just isn't high enough for anyone to live on unless you live at home and have almost no major expenses.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 10:43 PM
I need 600 a month excluding food/gas to get by. Not a glamorous lifestyle, though. Couch > car in this recent cold. I'm happy with my current progress and I believe if I remain patient and disciplined I will have my own room/apt by christmas.. oh a Christmas present to me lol.


Did a session at foxwoods for 6 hours today. Made +373. I managed to lose a 400 pot with 22 on A29r flop.. stubborn old man shoved all in with AK on flop to my check raise and managed to peel a K turn and A river

Roll: 4700
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 11:08 PM
Umm, how can exclude your two most vital expenses from your budget?
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 11:50 PM
I just didnt calculate them because they vary.. budget really doesn't need to be calculated because I'm being extremely conservative as it is to preserve the roll. Just pointing out that living off of 15-20/hr (which is an attainable 1/2 winrate) is sooo much better than making 10-13/hr which was my backup.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 11:54 PM
Any suggestions as to when to start shot taking 2/5? When bankroll is over 8k? 10k?
Homelessness, 1/2 NL Live grind, here we go. Quote
10-21-2014 , 11:59 PM
Quote:
Originally Posted by mixedminh
Any suggestions as to when to start shot taking 2/5? When bankroll is over 8k? 10k?
60bb buying 1 time shot gogogogogo
Homelessness, 1/2 NL Live grind, here we go. Quote
10-22-2014 , 12:00 AM
Quote:
Originally Posted by mixedminh
Any suggestions as to when to start shot taking 2/5? When bankroll is over 8k? 10k?
This is impossible to answer definitively but if I were in your shoes. I would sparingly shot take at 10K and stop if you fall to 8k until you build back up to 10k.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-22-2014 , 12:10 AM
Quote:
Originally Posted by mixedminh
Any suggestions as to when to start shot taking 2/5? When bankroll is over 8k? 10k?


As someone who started out playing $1 SNGs with a $100 roll and built that into a healthy mid 5 digit roll, my advice is....

Dont rush. Dont shot take. Your roll is growing and your dream is slowly coming true. Dont *** it up by being impatient.

15k minimum to shot take at 2/5, and when you do, if you lose even a single buy in, make sure you play 1/2 again until that buy in has been MORE than replenished.

Good luck.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-22-2014 , 12:21 AM
Quote:
Originally Posted by Carnivore
As someone who started out playing $1 SNGs with a $100 roll and built that into a healthy mid 5 digit roll, my advice is....

Dont rush. Dont shot take. Your roll is growing and your dream is slowly coming true. Dont *** it up by being impatient.

15k minimum to shot take at 2/5, and when you do, if you lose even a single buy in, make sure you play 1/2 again until that buy in has been MORE than replenished.

Good luck.
Nothing ever wrong with conservative bankroll management but if the goal is to emulate the success of those rare PG&C threads and find the freedom every person with this dream desires you must take some risks imo. 5 figures dont cut it you have to reach for the mid 7 range.

"You see, I learned how to win a little at a time. But finally I've learned this: if you're too careful, your whole life can become a ****in' grind"
Homelessness, 1/2 NL Live grind, here we go. Quote
10-22-2014 , 01:01 AM
Love this thread... Gl OP! Really hope you succeed

My advice is similar to others, I think u get nowhere in life if you don't shot take now and again but at the same time it's knowing when to quit and decrease stakes.

Once you master that, it's pretty easy to move up and down the stakes - bankroll dependant...

Love the whole sleeping in the car, seems like a real journey you are experiencing and at the end of the day, if you never try, you will never know.

Better to have gambled and lost than to never have gambled at all.

Imo ofc. glglgl
Homelessness, 1/2 NL Live grind, here we go. Quote
10-22-2014 , 01:19 AM
Quote:
Originally Posted by Carnivore
As someone who started out playing $1 SNGs with a $100 roll and built that into a healthy mid 5 digit roll, my advice is....

Dont rush. Dont shot take. Your roll is growing and your dream is slowly coming true. Dont *** it up by being impatient.

15k minimum to shot take at 2/5, and when you do, if you lose even a single buy in, make sure you play 1/2 again until that buy in has been MORE than replenished.

Good luck.
Way too conservative. The competition at 2/5 is not very tough and it is important to reach that level as quick as possible so rake is less of a factor. How aggressive you want to be is up to you but something around 8-10k and moving down if you drop a couple buyins should be fine.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-22-2014 , 01:39 AM
First, find your monthly overhead and map your projected win/loss margins for each month. Also, table selecting is key for short bankrolls. If you know you're having a 5+ hour session, make it a goal to double your buy in on the initial starting table, then get onto another table for the profit you've won so you're essentially free rolling. It's not difficult to make $150 a day. That equates to $54,750 per year. That is completely possible. You should set a number that you want to reach daily and quit once you hit that number. GL OP.

Last edited by Snatch Adams; 10-22-2014 at 01:48 AM.
Homelessness, 1/2 NL Live grind, here we go. Quote
10-22-2014 , 02:08 AM
Quote:
Originally Posted by Snatch Adams
First, find your monthly overhead and map your projected win/loss margins for each month. Also, table selecting is key for short bankrolls. If you know you're having a 5+ hour session, make it a goal to double your buy in on the initial starting table, then get onto another table for the profit you've won so you're essentially free rolling. It's not difficult to make $150 a day. That equates to $54,750 per year. That is completely possible. You should set a number that you want to reach daily and quit once you hit that number. GL OP.
No real nice way to phrase this but most of this is really bad advice. The main parts that are incorrect are the 55k a year at 1/2 and the last part about setting a daily profit number to reach and quitting when you hit it. The 55k a year at 1/2 assumes a bit over a $27/hr winrate if you are playing full time hours. You also based it on him playing every single day of the year which obviously isn't going to happen. Quitting when you reach a certain amt of profit is the worst advice though. It will kill the amount of hours you end up getting in over the year and it will make you play more of your playing hours when you aren't playing well and are trying to get unstuck and hit that profit on the day and less hours when you are running well and likely playing at your best.
Homelessness, 1/2 NL Live grind, here we go. Quote

      
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