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Winrates, bankrolls, and finances Winrates, bankrolls, and finances
View Poll Results: What is your Win Rate in terms of BB per Housr
Less than 0 (losing)
5 6.41%
0-2.5
0 0%
2.5-5
6 7.69%
5-7.5
8 10.26%
7.5-10
15 19.23%
10+
26 33.33%
Not enough sample size/I don't know
18 23.08%

05-21-2013 , 03:57 PM
Quote:
Originally Posted by Walter1
Sorry im sure this comes up a lot.... how do u figure out std deviation, if someone could point me to a place to figure out how to calculate it, or just explain in PM or something or here, thatd be greatly appreciated
Ill try to post a sample spreadsheet in here tonight. Feel free to pm me if I forget. But yea steps for calc sd:

1). Find the mean of your sample
2). For each number in your sample, subtract the mean.
3). For each result, square the number.
4). Find the mean of these squared differences
5). Take the square root of that mean.

And you have standard deviation. In very simple terms it is simply "the square root of the variance".

I'm sure google has some simple examples out there if this seems confusing.
Winrates, bankrolls, and finances Quote
05-21-2013 , 04:05 PM
Quote:
Originally Posted by kb coolman
I'm really just getting back to regular live play. It's a part time thing for me (1-2 times/wk). I have an excellent paying full time job, and poker will only ever be a side income.

Regarding BRM, I've always felt 20-30BI was more of an online recommendation, given how much quicker the game plays and multi-tabling, etc. For a live part time player, isn't 10BI sufficient? I know personal tolerance factors in, but am I really over exposing myself if I start taking shots at 2/5 when I've built up to $5k?
From someone also taking 2/5 shots (and likely going to be permanent soon) I would say $5k is pretty thin, but ok with disciplined shot takes. Do not chase losses at the 2/5 if you downswing 2 buyins, you must go back to 1/2.

From a Math standpoint, you can look at your stats (if you track) and calculate a "risk of ruin", which can be googled.
Winrates, bankrolls, and finances Quote
05-21-2013 , 04:16 PM
Quote:
Originally Posted by kb coolman
^^ Very nice, man. Even with a **** rake.

I just downloaded Poker Manager for Android, and entered in my sessions for the past month. Luckily, I've been keeping basic records (time played, win/loss). I'm curious to know what my stats will look like in 5-6 months.
Hi, kb. Long time.

10 buy ins isn't enough, IMO, unless you're going to move down with every downswing.

Since moving to Vegas I have had one or two -10 bi d'swings at 1/2, where my edge is pretty huge.
Winrates, bankrolls, and finances Quote
05-21-2013 , 05:48 PM
Quote:
Originally Posted by serio562
Foldstein,

I can't/won't play $100 max games in LA anymore. The rake makes the game practically unbeatable no matter how bad the players are.
Just curious Serio which games do you play in LA?
Winrates, bankrolls, and finances Quote
05-21-2013 , 05:55 PM
Quote:
Originally Posted by kb coolman
I'm really just getting back to regular live play. It's a part time thing for me (1-2 times/wk). I have an excellent paying full time job, and poker will only ever be a side income.

Regarding BRM, I've always felt 20-30BI was more of an online recommendation, given how much quicker the game plays and multi-tabling, etc. For a live part time player, isn't 10BI sufficient? I know personal tolerance factors in, but am I really over exposing myself if I start taking shots at 2/5 when I've built up to $5k?
When you are a rec player don't worry about your bankroll. Your job future earnings is your bankroll. Moveup to 2/5 as quick as possible. Especially since you only play once a week.
Winrates, bankrolls, and finances Quote
05-21-2013 , 06:02 PM
Quote:
Originally Posted by Avaritia
From someone also taking 2/5 shots (and likely going to be permanent soon) I would say $5k is pretty thin, but ok with disciplined shot takes. Do not chase losses at the 2/5 if you downswing 2 buyins, you must go back to 1/2.

From a Math standpoint, you can look at your stats (if you track) and calculate a "risk of ruin", which can be googled.
Since BF, I haven't played much outside an occasional run up to Winstar and my buddy's $20 home tourney game. Still, I've always kept $500-600 that is strictly poker money in a cigar box. I decided to start part time grinding again, and have it up to $2k now, and I'm just now feeling a little bit comfortable. It will be a while before I take a shot, and even then it will only be 1BI at a good table.

Quote:
Originally Posted by mpethybridge
Hi, kb. Long time.

10 buy ins isn't enough, IMO, unless you're going to move down with every downswing.

Since moving to Vegas I have had one or two -10 bi d'swings at 1/2, where my edge is pretty huge.
Hey man! Has been a long time.

Like I said earlier, it would only be a one BI shot when I hit $5k. BR is the only thing keeping me out of the games now at Winstar...I know I'd have an edge, but they can play very aggressive, so I'd be willing to take the 1BI shot with a decent chance of leaving up 1-3BI in a session. I don't see it becoming my 'regular' game until I'm up to $12.5k.

I've got a regular 1/2 game where I have a huge edge, so I'm building quickly. I also know that the edge I have in this game won't translate to other games, so I just have to be aware.

One other thing is that I have much better discipline with BRM when I'm playing live. I take 2-3BI with me, $40 for misc, and leave my debit cards at home so I can't talk myself into hitting the ATM for more $$ when I go past my stop-loss.
Winrates, bankrolls, and finances Quote
05-21-2013 , 06:04 PM
Quote:
Originally Posted by mpethybridge
Hi, kb. Long time.

10 buy ins isn't enough, IMO, unless you're going to move down with every downswing.

Since moving to Vegas I have had one or two -10 bi d'swings at 1/2, where my edge is pretty huge.
To be fair if he can replenish his roll from his income (and he's willing to do so) he can shot take before then.
Winrates, bankrolls, and finances Quote
05-21-2013 , 06:13 PM
Quote:
Originally Posted by iLikeCaliDonks
When you are a rec player don't worry about your bankroll. Your job future earnings is your bankroll. Moveup to 2/5 as quick as possible. Especially since you only play once a week.
I don't really have that kind of flex with my job earnings. I'm a family man, sole provider, and a budget nazi. The only way it works on a personal level is to keep it completely separated. Therefore, bankroll.

I do have some side consulting that I can throw at my BR. I'll also be doing some adjunct work at a JC which is extra income and could go towards BR, if needed. However, that money isn't consistent and not guaranteed, so I don't count on it being available.
Winrates, bankrolls, and finances Quote
05-21-2013 , 06:18 PM
Quote:
Originally Posted by fogodchao
Would definitely be interested in a cotm on table selection. Can't believe how much I overlooked its effect on wr when I started out.

Tbh, for me at least, for some reason I feel uncomfortable scoping tables out since I feel like it marks you as a thinking player. I know this doesn't matter and I just need to accept it since the juice is definitely worth the squeeze.

My new goal is going to be to become the best table selector in my casino. Shouldn't be any different, and is probably more important, than when I made my first goal in live poker to become the best pre flop player in the room.
I'm in the same boat as you on this one. I never like people to know that I have "selected" their table. A little trick for this (as silly as it sounds) is to hold your phone up to your ear while looking around. It's a minor detail but it will make it look like youre trying to find a friend or something. For the full "sell", you can mutter nonsense to your self like "yeah, I'm in the poker room, where are you?"

Another fun trick is to buy $25 chips from the cage so ppl think you just came from the table games.
Winrates, bankrolls, and finances Quote
05-21-2013 , 08:47 PM
Quote:
Originally Posted by kb coolman
I do have some side consulting that I can throw at my BR. I'll also be doing some adjunct work at a JC which is extra income and could go towards BR, if needed. However, that money isn't consistent and not guaranteed, so I don't count on it being available.
I have a consulting business myself. I have one customer that I can't stand, but that pays very well. Every cent I make from that one customer only, goes into my shot taking fund.

That way, it makes it much easier and enjoyable to do work for those SOBs .

Also, regarding shot taking, I may be a nit but I hate the "1 BI shot". Personally, I like to have 3BIs I'm willing to risk. That way if I really do have an edge, I give myself more of a fighting chance. 1 BI can be too risky. Probably better off taking it and putting it on one hand of BJ. If u win, then at least u have a bit of a cushion.
Winrates, bankrolls, and finances Quote
05-21-2013 , 09:36 PM
Quote:
Originally Posted by ProFeSSa D
Just curious Serio which games do you play in LA?
Mostly the Bike 2/3 or 3/5 NLH game. I do pop in at Garden, Commerce, or Hustler from time to time.
Winrates, bankrolls, and finances Quote
05-22-2013 , 12:44 AM
Just started playing live again. Have been playing 1-2 and 2-3 at local cardrooms where no rake is taken and you are encouraged to tip the dealers, which is usually between $1-$3 per pot, and about $5-$8 on the big pots if you choose.

My winrate for the past 2 1/2 months is between $28-$30/hr. I'm sure the fact that no rake is taken plays largely into this winrate.
Winrates, bankrolls, and finances Quote
05-22-2013 , 06:53 AM
No rake is a huge factor, and that tip structure is pretty standard even in a raked game. Anything that keeps chips on the table is to your advantage.

Last edited by kb coolman; 05-22-2013 at 06:58 AM.
Winrates, bankrolls, and finances Quote
05-22-2013 , 10:32 AM
Quote:
Originally Posted by Fraggle
Just started playing live again. Have been playing 1-2 and 2-3 at local cardrooms where no rake is taken and you are encouraged to tip the dealers, which is usually between $1-$3 per pot, and about $5-$8 on the big pots if you choose.

My winrate for the past 2 1/2 months is between $28-$30/hr. I'm sure the fact that no rake is taken plays largely into this winrate.
Dafuq!? How does the room make money? I could tip $3 a hand and be paying half of what I pay now.

Sounds awesome.
Winrates, bankrolls, and finances Quote
05-22-2013 , 04:13 PM
Quote:
Originally Posted by mpethybridge
Hi, kb. Long time.

10 buy ins isn't enough, IMO, unless you're going to move down with every downswing.

Since moving to Vegas I have had one or two -10 bi d'swings at 1/2, where my edge is pretty huge.
I'm curious, how many months have you played since moving to vegas? Hours/month? Hourly?
Winrates, bankrolls, and finances Quote
05-22-2013 , 07:51 PM
making $31.40/hour over 131h42m of play at 1/2. this is with a $8 rake. they also rake preflop too.(not sure if most places rake preflop?). so if its a 3b pot, they still take rake. small sample, but how am i doing?
Winrates, bankrolls, and finances Quote
05-22-2013 , 08:10 PM
Quote:
Originally Posted by kb12345
OFC he will never say games are really juicy, but if anyone can make 200k in a year games are obviously very good. I can guarantee they are much much better than australia, as he could not get out of here fast enough. And the games here are very very beatable.

Also congrats on the win.
I can neither confirm nor deny this!

Really though the Australian games were soft, but I think it has a middling ceiling for winrate. It's not hard to make 40~ an hour (imo), but tough to get much higher because the game plays so small due to buyin caps and how tight the game runs. Does this mean the games in the UK are MUCH MUCH softer? Not exactly. I think the games in the UK play much softer, and it's much easier, if you're decent, to win more money, which is similar to softer, but not exactly the same. It's more profitable for a good player to play in the UK or EPT circuits though; having uncapped or high capped games is really important when you start to play well postflop and put pressure (both pre and post), something that's tough to do in Australian games. At the same time, it's tougher to have a huge downswing in those games, and the bankroll requirement is considerably less. I've had multiple 2k+ downswings at 1/2 in the UK despite my high winrate.

Quote:
Originally Posted by BackBlood
siiiickkk graph sol!

What limits are these and where do you play.
V V nice
London, mostly Vic, Empire. some 10/25, mostly 5/10, some 2/5 and 1/2. Spread depends a lot on game availability, the season, etc. I travel to play some tournament series too (mostly for the cash games though I'd recently cashed in a tournament again for peanuts.

Recently did a 20 day challenge! (only 16 days played though).

http://forumserver.twoplustwo.com/sh...&postcount=211

Quote:
Originally Posted by Sol Reader
Forgot to post my results for the challenge! Ended up playing only 16 days due to sickness and other concerns. Here are stats and graph:





Definitely ran good during this period. Going to have a more sustained and volume oriented volume challenge after June or July.
Winrates, bankrolls, and finances Quote
05-22-2013 , 09:57 PM
Quote:
Originally Posted by ProFeSSa D
I'm in the same boat as you on this one. I never like people to know that I have "selected" their table. A little trick for this (as silly as it sounds) is to hold your phone up to your ear while looking around. It's a minor detail but it will make it look like youre trying to find a friend or something. For the full "sell", you can mutter nonsense to your self like "yeah, I'm in the poker room, where are you?"

Another fun trick is to buy $25 chips from the cage so ppl think you just came from the table games.
That's really funny you mention the phone trick bc that was literally the only thing I could come up with when I was thinking about it.

It will be awkward when other regs start noticing me walking around the room with my phone screaming "Johnny! Where are you!" every day. Gonna think there is no Johnny and I'm crazy.
Winrates, bankrolls, and finances Quote
05-23-2013 , 04:55 AM
Quote:
Originally Posted by fogodchao
That's really funny you mention the phone trick bc that was literally the only thing I could come up with when I was thinking about it.

It will be awkward when other regs start noticing me walking around the room with my phone screaming "Johnny! Where are you!" every day. Gonna think there is no Johnny and I'm crazy.
If they're regs enough to recognize that you're there every day, they'll also be able to figure out that you're a good player.
Winrates, bankrolls, and finances Quote
05-23-2013 , 12:48 PM
Don't want to derail this thread, but yea.

Quote:
Originally Posted by King Fish
I think I disagree with the rationale behind each and every one if those points above.
Lol, most do.

Quote:
Originally Posted by King Fish
I like a table with a lot of chips on the table because I have a huge edge in DS play. And, umm, they have a lot of chips and chips are good. More chips are more good.
I said "besides the obvious math based reasons to sit at a deep table." Thought that disclaimer covered my point but I guess it didn't.

But yes, our edge is amplified the deeper the stacks. It just so happens that deep stacked tables (deep stacked beyond a max buy in factor I mean) are typically actiony tables.

Quote:
Originally Posted by King Fish
Don't assume a straddle is a fish or even that a straddle at the right table is -EV. Many times there are other dynamics at play.
It has nothing to do with the skill level of the straddler (though the assumption they are a poor/gambly player is a safe one), it has to do with the fact that you are effectively putting in a blind min raise out of position. Straddling is aids. There are no dynamics that call for it other than a mandatory table straddle.

Quote:
Originally Posted by King Fish
Can loosen up a tight table or help meta game on a loose table. Straddle a few times and u can not it up and some players (like Avarita, for example) will be quick to label you as more of an action player than perhaps you really are.
Lol. I suggest you give FlatTireSuited's post on live poker play a read. There is no need to build an image in llsnl...unless your game is just horrid. Villains only care how pretty their two cards are, and if they're in for $5 they're in for $40.

I didn't play a pot for an hour the other day. Raised to $35 UTG and we went 5 ways to the flop. People don't pay attention to image, again, they only care about the two cards in front of them.

Finally, if you still care about building an image, straddling is still aids. I'll cold 4! in the right dynamic (a wide 3 bettor taking advantage of a situation) with an ace blocker. So like A4s. Show the 4 and your image is destroyed. Also you win money. As opposed to blindly donating to a pot. Actually I still usually don't show in these situations, bc image doesn't matter. The reason why I made the play was bc of the opportunity presented, not to show everyone how gambly I am.

As for stereotypes/assumptions, I immediately build information when I sit down. So it's not like I'm thinking "he's Asian he doesn't have it", that's stupid. But making assumptions with limited information and building/adjusting from there is how you crush this game.

If you're not requesting tables with drunks/Asians/gangsters (preferably drunk Asian gangsters), you're doing it wrong imo.

Last edited by Avaritia; 05-23-2013 at 12:55 PM. Reason: tl;dr
Winrates, bankrolls, and finances Quote
05-23-2013 , 01:03 PM
Straddling can cause (read: guilt) other players into straddling. Additionally, straddling can be intrinsically in super deep games where there is ONE spot in the game and he has position on you. In those games with very aggro regs, players will squeeze very wide in position and also flat very wide, meaning that common raises can be huge (I've talked about 10bbs raises with 50bbs 3bets, and in a game where the pots are so much bigger than the blind and straddle, having last action is actually worth more than the 2 bbs you "throw away". When 10xing gets 4 callers (and squeezers), you become tempted to 20x, but that is too big without knowing how many players have playable hands, and yes, you do glean a lot of information because due to existence of whale all these players including you are forced to play somewhat faceup. Open limping is also a valid strat in those games, but because sometimes the pots actually become limped and you have no option, that option can be worth it.

Also in many games button straddling is +EV, especially if they do not tighten enough and flat your straddle too much.
Winrates, bankrolls, and finances Quote
05-23-2013 , 02:53 PM
yep, mississippi straddle is the nuts
Winrates, bankrolls, and finances Quote
05-23-2013 , 04:17 PM
Sol you are talking about a WAY different game dynamic that I can't even comment on for lack of experience.

And yes I wasn't referring to btn straddle, that is entirely different. Again I am not familiar with it as none of my rooms allow the btn straddle.
Winrates, bankrolls, and finances Quote
05-23-2013 , 07:20 PM
My normal game has a button straddle, with UTG re-straddle option. Yes, it is used more than 50% of hands. Yes, I love this game.
Winrates, bankrolls, and finances Quote
05-24-2013 , 08:57 AM
Hi all!
In my area (germany) run only 2/2, 2/4 And 5/5 Games. What do you think a Good Player can average per Hour at the 5/5 tables? Can he Play it for a living? And what about bankroll Management? Is 25k ok?
Winrates, bankrolls, and finances Quote

      
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