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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%

02-25-2016 , 09:00 PM
I've dropped 5BIs in a hand.

Last edited by t_roy; 02-25-2016 at 09:01 PM. Reason: might be a fish though
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:03 PM
Quote:
Originally Posted by spikeraw22
It's worth it for the freedom and being my own boss. And I love the game so much etc.
Plus there is a multitude of success stories of people making a living for decades playing poker. If I had it to do over again I wouldn't bother putting in 20 years in the Air Force. Sure, the retirement check is nice & paying only $24 a month for health insurance is sweet, however I'm sure I'd be playing high stakes with Ivey now if I had gone into poker fulltime right out of high school. Oh well.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:09 PM
Quote:
Originally Posted by Randal_Graves
Seven. Hundred. Hours. Is. Nothing.
While I understand why you say that, I disagree. I could break even for the next 1300 hours for 2000 total, and my hourly would still be a 'crushing' $21.50/hour.

I don't deny that I could just be running hot, but it seems even less likely based on my results that I'm a marginal or b/e player.

There was an analysis posted earlier in this thread (I think by bip!) on how many hours it takes to have a 95% confidence in a certain normal distribution spread of actual win rate. If I remember correctly, after 700 hours you should have a pretty good idea of actual winrate.

Whoever remembers the specifics of that analysis or has that post can correct me if I'm wrong.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:17 PM
are there any doctors itt?

Spoiler:
just wondering if it's possible to catch AIDS from an internet forum
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:21 PM
Quote:
Originally Posted by ZuneIt
Plus there is a multitude of success stories of people making a living for decades playing poker. If I had it to do over again I wouldn't bother putting in 20 years in the Air Force. Sure, the retirement check is nice & paying only $24 a month for health insurance is sweet, however I'm sure I'd be playing high stakes with Ivey now if I had gone into poker fulltime right out of high school. Oh well.
I get your point, but this doesn't make sense since poker didn't exist in any capacity when you were 18 the way it does for an 18 year old today. Having a career in the U.S. Air Force is probably one of the most safe and + EV things someone could do with their life. But.....that doesn't mean there aren't other +EV choices.

Also, most people fail at picking stocks. So does this mean nobody should try? Same thing with starting a business....

People who think young guys like Johnny Buzz are trying to be full time grinders for the rest of their life are kind of missing the point. Poker allows you to play at higher stakes and make more money, while most jobs put a ceiling on how much you can make. The free time allotted by not having a 9-5 allows more time to pursue different ventures. You can use your capital to make more money at a faster rate of return.

When you factor in the commutes and time spent getting up for work, time spent checking emails voicemails and all of the other corporate drone factors, people are spending more like 60 hours a week for their job rather than "40". Not to mention the necessary unproductive hours spent unwinding from the misery, people are pretty much spending all of their waking time devoted to their jobs and the rest devoted to distractions like getting drunk, watching tv, and getting off. This isn't a bad thing per se but it leads people to think negatively about their life and they stop having any confidence or feeling of motivation to accomplish more. People need time to focus their thoughts to plan and strategize. Constantly having to run around doing petty tasks (i.e. a "job") completely taxes the brain and limits you from changing your life direction in swift and prompt ways. You basically get "stuck" and 'dependent" on your job.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:29 PM
"I make $20/hr at Burger King."

"No you don't."

"Yes I do!"

"No you don't!"
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:30 PM
Quote:
Originally Posted by ZuneIt
Need more info of dynamics of your games. I've never had a downswing over 1k since I took a 1.3k down in February 2015. I buyin for $300 but the avg stack is only $200 though & U can only straddle utg. I think I play about 80% of my hands OTB CO HJ or steal seat.
So how many hours is that? What's your definition of "downswing"? It's pretty easy to lose 2-3 flips in a row or otherwise punt $1-2k from ahead over the course of a couple of sessions.

I was playing a lot in a local casino in Detroit, along with a bunch of trips to Vegas/AC for various other things where I put in nice chunks of hours. Now it's more weighted toward the local charity poker rooms. So it's a variety.

Most of the games I sit in have $300 max buys, with most stacks in the $150-250 range, although there's often 1 or 2 bigger stacks on each table.

Typical LLSNL stuff, lots of limpers and multi-way raised pots, players are bad in extreme ways. Calling stations mostly, with the occasional aggrotard and smattering of OMCs. The games in and around Detroit are pretty good, but from my experience playing other places they're not that far out of the ordinary for most markets.

Quote:
Originally Posted by feel wrath
are there any doctors itt?

Spoiler:
just wondering if it's possible to catch AIDS from an internet forum
Yes I am a Doctor.

You can't catch AIDS from a forum, but stupid does appear to be contagious.

Spoiler:
Not a Medical doctor, that's only a hobby.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:34 PM
Quote:
Originally Posted by DonkeyCopter
While I understand why you say that, I disagree. I could break even for the next 1300 hours for 2000 total, and my hourly would still be a 'crushing' $21.50/hour.

I don't deny that I could just be running hot, but it seems even less likely based on my results that I'm a marginal or b/e player.

There was an analysis posted earlier in this thread (I think by bip!) on how many hours it takes to have a 95% confidence in a certain normal distribution spread of actual win rate. If I remember correctly, after 700 hours you should have a pretty good idea of actual winrate.

Whoever remembers the specifics of that analysis or has that post can correct me if I'm wrong.
That means you've make 40k over 700 hours or about $58. Now I'm not saying that's impossible because I'm doing it in the weekly home game but it's only over 40 hrs.
Still, as entertaining as this thread has become, it's probably time to lock it down before someone has a brain aneurysm trying to come up with something more outrageous than what's already been said.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:37 PM
Quote:
Originally Posted by gobbledygeek
Thread surpassing lol/hr rate of chat thread, imo.

Gnicejobeveryone!G

Last edited by zoltan; 02-25-2016 at 09:38 PM. Reason: god help me for posting itt
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:39 PM
Quote:
Originally Posted by spikeraw22
I'm making $60/hr at 2/5 over 4x that sample. Crushing. It.



Quits pharmacy job.
itt, stealing bottles of oxycontin and reselling them on the street is a "pharmacy job"
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:41 PM
Quote:
Originally Posted by t_roy
I've dropped 5BIs in a hand.

so you coach? pm me your rates plz
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:45 PM
Ok so question team I've only gone on 5+bi downswings a a handful of times. So my question is in hindsight how much of it was run bad and how much was playbad. The reason I ask is most of my downswings have been from play bad. I haven't hit a cooler train ever.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:46 PM
Quote:
Originally Posted by bodybuilder32
I get your point, but this doesn't make sense since poker didn't exist in any capacity when you were 18 the way it does for an 18 year old today. Having a career in the U.S. Air Force is probably one of the most safe and + EV things someone could do with their life. But.....that doesn't mean there aren't other +EV choices.

Also, most people fail at picking stocks. So does this mean nobody should try? Same thing with starting a business....

People who think young guys like Johnny Buzz are trying to be full time grinders for the rest of their life are kind of missing the point. Poker allows you to play at higher stakes and make more money, while most jobs put a ceiling on how much you can make. The free time allotted by not having a 9-5 allows more time to pursue different ventures. You can use your capital to make more money at a faster rate of return.

When you factor in the commutes and time spent getting up for work, time spent checking emails voicemails and all of the other corporate drone factors, people are spending more like 60 hours a week for their job rather than "40". Not to mention the necessary unproductive hours spent unwinding from the misery, people are pretty much spending all of their waking time devoted to their jobs and the rest devoted to distractions like getting drunk, watching tv, and getting off. This isn't a bad thing per se but it leads people to think negatively about their life and they stop having any confidence or feeling of motivation to accomplish more. People need time to focus their thoughts to plan and strategize. Constantly having to run around doing petty tasks (i.e. a "job") completely taxes the brain and limits you from changing your life direction in swift and prompt ways. You basically get "stuck" and 'dependent" on your job.
I had been sufficiently infected with HIV, but the additional ebola and zika never hurt i suppose.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:55 PM
Quote:
Originally Posted by Angrist
Fair enough. That's why I don't have an industry job yet. I like being able to wear flip-flops and hoodies to work.
Become a computer engineer. I wear a hoodie to work almost everyday, and I'm pretty sure flip flops are ok too, although I prefer sneakers.


Glad to read in the last few pages I'm not the only one who cracks up at the people saying it is impossible to be a good player and go on big downswings. I've lost 4 full stacks in a round before, getting it in as 2-1 favorite or better each time.
Winrates, bankrolls, and finances Quote
02-25-2016 , 09:58 PM
Quote:
Originally Posted by ZuneIt
Plus there is a multitude of success stories of people making a living for decades playing poker. If I had it to do over again I wouldn't bother putting in 20 years in the Air Force. Sure, the retirement check is nice & paying only $24 a month for health insurance is sweet, however I'm sure I'd be playing high stakes with Ivey now if I had gone into poker fulltime right out of high school. Oh well.
Haha sarcasmants.
Winrates, bankrolls, and finances Quote
02-25-2016 , 10:00 PM
Quote:
Originally Posted by zoltan
so you coach? pm me your rates plz
I don't have a solid rate. I want to make sure that I only get paid if my client get's what they're looking for. Once you lose 5 BIs thanks to me, just send me another 5 BIs and we'll call it even.
Winrates, bankrolls, and finances Quote
02-25-2016 , 10:05 PM
Quote:
Originally Posted by DonkeyCopter
While I understand why you say that, I disagree. I could break even for the next 1300 hours for 2000 total, and my hourly would still be a 'crushing' $21.50/hour.

I don't deny that I could just be running hot, but it seems even less likely based on my results that I'm a marginal or b/e player.

There was an analysis posted earlier in this thread (I think by bip!) on how many hours it takes to have a 95% confidence in a certain normal distribution spread of actual win rate. If I remember correctly, after 700 hours you should have a pretty good idea of actual winrate.

Whoever remembers the specifics of that analysis or has that post can correct me if I'm wrong.
No one said that you are a losing player. They said your win rate is unsustainable, which it is.
Winrates, bankrolls, and finances Quote
02-25-2016 , 10:07 PM
Quote:
Originally Posted by spikeraw22
Haha sarcasmants.
yes, his post confused me.

Yours was clearly ironic and bodybuilder's one in response to Zuneit's was clearly lol-serious but I still can't be sure whether Zuneit was doubling down on the irony or taking your words at face value
Winrates, bankrolls, and finances Quote
02-25-2016 , 10:10 PM
ITT we try to teach blind men what colors are like.

Last edited by t_roy; 02-25-2016 at 10:11 PM. Reason: Maybe we are the dumb ones...
Winrates, bankrolls, and finances Quote
02-25-2016 , 10:15 PM
Damn! I'm good at being mysterious. Women should love me.
Winrates, bankrolls, and finances Quote
02-25-2016 , 10:22 PM
Quote:
Originally Posted by Angrist


Yes I am a Doctor.

You can't catch AIDS from a forum, but stupid does appear to be contagious.

Spoiler:
Not a Medical doctor, that's only a hobby.
What he said, on all counts.
Winrates, bankrolls, and finances Quote
02-26-2016 , 07:06 AM
Quote:
Originally Posted by Zuneit
Need more info of dynamics of your games. I've never had a downswing over 1k since I took a 1.3k down in February 2015. I buyin for $300 but the avg stack is only $200 though & U can only straddle utg. I think I play about 80% of my hands OTB CO HJ or steal seat.
Quote:
Originally Posted by Angrist
So how many hours is that? What's your definition of "downswing"? It's pretty easy to lose 2-3 flips in a row or otherwise punt $1-2k from ahead over the course of a couple of sessions.
I believe it took close to 2 weeks. I was playing about 25 hrs a week, so 40-50 hours or so.

Quote:
Originally Posted by Angrist
I was playing a lot in a local casino in Detroit, along with a bunch of trips to Vegas/AC for various other things where I put in nice chunks of hours. Now it's more weighted toward the local charity poker rooms. So it's a variety.

Most of the games I sit in have $300 max buys, with most stacks in the $150-250 range, although there's often 1 or 2 bigger stacks on each table.
This is the same dynamic I find myself in & it is rare that I find myself in a situation where my whole stack is in the middle OTF.

The biggest pot I was ever involved in was in July 2014, when it was 3-way. I had AA, one player was all-in otf with a str8 draw to Broadway & the other guy had AK with TPTK & bdfd. Turned flush draw, bet $200, I put him all-in for his last $200 & won the pot. $1160.00. I have never encountered that since, although I've witnessed it. However, it is a rare event.

About a month ago I was in the game for $825 on a Friday night, with only $275 in front of me, but managed to go home a <$100 winner. Happens when someone calls your all-in OTT as a 3.5:1 dog getting 2:1 pot odds. Still, that doesn't even happen that often, except now.........tax refund time.

Quote:
Originally Posted by Angrist
Typical LLSNL stuff, lots of limpers and multi-way raised pots, players are bad in extreme ways. Calling stations mostly, with the occasional aggrotard and smattering of OMCs. The games in and around Detroit are pretty good, but from my experience playing other places they're not that far out of the ordinary for most markets.
Sounds about the same as what I see in MD area.
Winrates, bankrolls, and finances Quote
02-27-2016 , 03:30 PM
The ponies run,
The girls are young,
The odds are there to beat..


Winrates, bankrolls, and finances Quote
02-27-2016 , 07:26 PM
So anyone with those big downswings want to tell me how much they attribute to bad play and how much was runbad?


#ForScience
Winrates, bankrolls, and finances Quote
02-27-2016 , 08:26 PM
Is there a consensus on what's considered CRUSHING at 1/2?
Winrates, bankrolls, and finances Quote

      
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