[OFFICIAL] Winrates, bankrolls, and finances - Page 482 - Live Low-stakes No Limit Poker Forum

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[OFFICIAL] 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%

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12-06-2015 , 07:02 PM

#12026

Lapidator

LLSNL Frequent Flyer

Join Date: Apr 2012 Posts: 13,762

Dfish...

If in your world you really truly honestly didn't know when you might have the opportunity to eat again, you'd think differently about pancakes.

Just say'n.

Quote

12-06-2015 , 07:02 PM

#12027

de4df1sh

Carpal \'Tunnel

Join Date: Feb 2014 Posts: 6,893

Quote:

Originally Posted by Sneaky Pete

Correct me if I am wrong. Poker is good for someone:

-Has freedom
-Makes reasonable amount of money
-Can pursue other interest or spend time with family and friends

Why can't you do all that with a conventional job that provides stable paycheck, vacation time, insurance, and 401k?

Clearly you painted a picture of poker as a career from one side of the spectrum (after all, you said that "most" people have bottom less needs), so why does having a stable career must be on the opposite side of the spectrum?

Doesn't that describe almost the least likely person who would actually venture into a casino in the first place?

I'm agree with everything your saying.

My argument is that poker is not always a "bad" career choice

Quote

12-06-2015 , 07:06 PM

#12028

de4df1sh

Carpal \'Tunnel

Join Date: Feb 2014 Posts: 6,893

Quote:

Originally Posted by de4df1sh

Feely,

I agree with everything you said.

But I would say that if you only need to make 30-40k a year to be happy in the financial aspect of your life you have a TON of options and a radical job change can be less traumatic

I would also add that with lower income needs one could retire early

Quote

12-06-2015 , 07:12 PM

#12029

Lapidator

LLSNL Frequent Flyer

Join Date: Apr 2012 Posts: 13,762

Quote:

Originally Posted by de4df1sh

I would also add that with lower income needs one could retire early

Retirement cashflow requirements have always exceeded expectations.

Quote

12-06-2015 , 07:15 PM

#12030

de4df1sh

Carpal \'Tunnel

Join Date: Feb 2014 Posts: 6,893

Quote:

Originally Posted by Lapidator

Retirement cashflow requirements have always exceeded expectations.

If you are saying that you need less to retire then is generally advised I would agree

Quote

12-06-2015 , 07:24 PM

#12031

Lapidator

LLSNL Frequent Flyer

Join Date: Apr 2012 Posts: 13,762

Quote:

Originally Posted by de4df1sh

If you are saying that you need less to retire then is generally advised I would agree

The opposite.

I'm saying advice re: how much income you'll need in retirement is based on how much you're likely to be able to save now, not how much you'll actually need in the (semi)distant future.

Quote

12-06-2015 , 07:31 PM

#12032

de4df1sh

Carpal \'Tunnel

Join Date: Feb 2014 Posts: 6,893

Im not going to get into the whole, "how much do you need to retire" mental masturbation but I would say two things

1) I think financial pundits usually recommend an amount that is unnecessary

2) most people under-save for their own retirement

Quote

12-06-2015 , 07:58 PM

#12033

bwslim69

I'm a Diva, Bruh

Join Date: Oct 2009 Posts: 24,927

Quote:

Originally Posted by de4df1sh

I tend to disagree with point 1 but agree with point 2.

Quote

12-06-2015 , 08:20 PM

#12034

zoltan

Carpal \'Tunnel

Join Date: Jul 2007 Posts: 21,490

Quote:

Originally Posted by Aleksei

I think people who think the bolded either have no idea how much a solid winning player can make at 1/2, or how difficult getting and keeping a good job is these days.

At 10bb/hour you're making more than most jobs with less than an
And that's all without a boss, a dress code, or a schedule.

Obviously if you do have a job you should keep it as long as possible (zero-variance income) until your bankroll and play level surpass your regular earnings, but stating that one shouldn't under any circumstances go pro at 1/2 is silly. It handily beats the sh*t out of retail hell, or being a janitor or working at a warehouse.

http://www.usnews.com/news/articles/...ectations-away

http://www.wsj.com/articles/u-s-empl...ber-1449236053

for realz yo jobs market is awful

Quote:

Originally Posted by Aleksei

The employment gap is also potentially not really a problem. If you actually socialize at the table (as opposed to sitting quietly with headphones on), you will likely meet some reasonably successful people (presumably most people who have $200-1000 to dump at a poker game in a night, and aren't doing it professionally or semi-professionally, will be doing well in life). Which means at least some will be in a position to employ you, or recommend you to someone that will just because you're friends with so-and-so.

I personally have hired a few dozen former poker pros.

Last edited by zoltan; 12-06-2015 at 08:21 PM. Reason: wanna here more about these failed liberal states. thinking of moving to MD, hear the schools are pretty good and beaches.

Quote

12-06-2015 , 09:44 PM

#12035

BigSkip

The Situation

Join Date: Jun 2009 Posts: 19,987

Quote:

Originally Posted by bwslim69

I tend to disagree with point 1 but agree with point 2.

I plan on being over rolled for lol retirement.

And probably dying on day ****ing one. I need to pick an heir.

Quote

12-06-2015 , 09:52 PM

#12036

bwslim69

I'm a Diva, Bruh

Join Date: Oct 2009 Posts: 24,927

Quote:

Originally Posted by BigSkip

I plan on being over rolled for lol retirement.

And probably dying on day ****ing one. I need to pick an heir.

Post Mortem Skiprus for the roll?

Quote

12-06-2015 , 09:56 PM

#12037

BigSkip

The Situation

Join Date: Jun 2009 Posts: 19,987

Quote:

Originally Posted by bwslim69

Post Mortem Skiprus for the roll?

Solid.

Fly in the ointment would be if I let some chippy marry me for my money.

Quote

12-06-2015 , 10:00 PM

#12038

bip!

Slow Pony

Join Date: Oct 2012 Posts: 14,204

Quote:

Originally Posted by BigSkip

Solid.

Fly in the ointment would be if I let some chippy marry me for my money.

It is legal in most states now

Quote

12-07-2015 , 01:59 PM

#12039

gobbledygeek

Poet Laureate of LLSNL

Join Date: Jul 2006 Posts: 36,128

Quote:

Originally Posted by BigSkip

I plan on being over rolled for lol retirement.

And probably dying on day ****ing one. I need to pick an heir.

Lolz.

GcanIhasapplicationformplease?G

Quote

12-07-2015 , 08:21 PM

#12040

kookiemonster

old hand

Join Date: Sep 2014 Posts: 1,652

Cashed out for ~$8200 @ $5/10. In for $2K. My biggest session win by a wide margin. Downswing forgotten.

Quote

12-07-2015 , 08:47 PM

#12041

Ragequit99

veteran

Join Date: Apr 2015 Posts: 2,575

^ nice work sir.

Quote

12-08-2015 , 12:47 AM

#12042

ATsai

veteran

Join Date: Aug 2012 Posts: 2,409

Quote:

Originally Posted by kookiemonster

Cashed out for ~$8200 @ $5/10. In for $2K. My biggest session win by a wide margin. Downswing forgotten.

Nice job. I remember the first time that I had a big win at 5/10 NL.. It was a pretty awesome feeling. Hope you have many more big wins at 5/10 NL+ in the future.

Are you moving up permanently to 5/10 NL now?

Quote

12-08-2015 , 12:53 AM

#12043

mikko

veteran

Join Date: Dec 2012 Posts: 2,863

Quote:

Originally Posted by kookiemonster

Cashed out for ~$8200 @ $5/10. In for $2K. My biggest session win by a wide margin. Downswing forgotten.

Congrats!!!!!!

Quote

12-08-2015 , 08:38 AM

#12044

DeathCabForTootie

Pooh-Bah

Join Date: Nov 2014 Posts: 5,722

Quote:

Originally Posted by kookiemonster

Cashed out for ~$8200 @ $5/10. In for $2K. My biggest session win by a wide margin. Downswing forgotten.

BOOM! Couldn't have happened to a better poster!

Quote

12-08-2015 , 09:37 AM

#12045

greedisgood1

grinder

Join Date: Mar 2015 Posts: 448

Quote:

Originally Posted by de4df1sh

Maybe Financial pundits know people under-save, and have it allready calculated in?

And still , most people manage to to go broke before they die. Maybe oversaving a little isn't that bad, knowing when you're old you are atleast leaving something for your children or charity. Maybe you'll meet a hot grandma who undersaved her entire life, now you aren't in rough shape to pay for 2

Quote

12-08-2015 , 09:42 AM

#12046

bstillmatic

journeyman

Join Date: Jan 2011 Posts: 292

Is the only downside to proper shottaking is that it slightly increases your variance? tks

Quote

12-08-2015 , 11:30 AM

#12047

ZuneIt

veteran

Join Date: Mar 2009 Posts: 2,160

Quote:

Originally Posted by kookiemonster

Cashed out for ~$8200 @ $5/10. In for $2K. My biggest session win by a wide margin. Downswing forgotten.

Sweetness is livin' the dream!😎

Quote

12-08-2015 , 01:05 PM

#12048

gobbledygeek

Poet Laureate of LLSNL

Join Date: Jul 2006 Posts: 36,128

Quote:

Originally Posted by kookiemonster

Cashed out for ~$8200 @ $5/10. In for $2K. My biggest session win by a wide margin. Downswing forgotten.

Congrats kookie!

Not to be a downer, but I'm assuming if you can win $6K in a session that you can also possibly lose $6K in a session. Are you able to handle that BR-wise, and perhaps even more importantly, mentally?

Gmakesureyou'replayingatthecorrectstakes,imoG

Quote

12-08-2015 , 01:17 PM

#12049

BenzY

journeyman

Join Date: Jul 2013 Posts: 353

Quote:

Originally Posted by bstillmatic

Is the only downside to proper shottaking is that it slightly increases your variance? tks

Bart Hansen said that he prefers 5/T NL over T/20 at commerce

While his winrate would increase by 25% IIRC, his variance would also increase 3-4x. Since more variance = more stress he plays lower.

heres the link: https://www.youtube.com/watch?v=R6dANoJvEys