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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%

03-05-2016 , 04:35 PM
Quote:
Originally Posted by spikeraw22
No need. Everyone's solid.









I do have an interesting conundrum right now.



As most of you know I blew my entire roll on my wedding last summer and now can't justify taking $2k out of my life roll (wife not ok with that). So, I've been slowly saving on my own. I have ~2BI for 1/2 in a drawer. I also am steadily grinding up a roll online. Currently ~$350 on a site with decent cash out history.



Do I:

A) cash out online and combine rolls for a $750 shot to play live right now and risk not being able to play at all



B) wait another two months when I can have ~$8-900 without touching the online roll all while grinding that up as well.



C) Some combo of the two.

The only reason not to cash it all out online is just because it's so great to be able to get a load more hands in playing online. I stopped online as part of a 'playing time deal' with wifey, given how many life and work commitments I have, but I really miss it and think my game would benefit from it still

So maybe take most of the money out but drop down in stakes and keep say 100 online to keep grinding hands?
Winrates, bankrolls, and finances Quote
03-05-2016 , 04:44 PM
Spike,

I don't see how one can play at the smallest stakes available with only a 5BI roll, and not be scared $$$, or otherwise fail to make the best decisions possible.

If I were you, without knowing any more, I would continue what you're doing and grind up a proper roll off the live cash tables.

I would also start a conversation with wifey so that she sees you save and delay gratification now, so that when you are properly rolled to return to the live cash games, she is ready (for the incoming variance). This also keeps open the communication for when you return to live and hit a down swing and you need to talk about it with her.

I would start playing live small stakes tournies too, on a semi regular basis for multiple reasons:

1) keep your live skills sharp/developing

2) keep wifey up to date on your chosen hobby in a physical sense

3) have an opportunity to bink a roll
Winrates, bankrolls, and finances Quote
03-05-2016 , 04:48 PM
Poker is going to cause a problem in the marriage regardless of where the money originates from imo
Winrates, bankrolls, and finances Quote
03-05-2016 , 04:50 PM
My only other pov is to ring fence physically one night a week now within your relationship structure as your poker night (or whatever else it is you want to do with some time for yourself) and obv also encourage her to have the same time away.

When kids come along and life gets way busier and more complicated, time alone/away often becomes the biggest metric of disagreement and pressure in the relationship and you have to be really strong to keep it in (and it helps by also insisting that she gets the same time for herself and to help make that happen for her). Important for the marriage longer term but imho, it's critical to set the precedent for it now
Winrates, bankrolls, and finances Quote
03-05-2016 , 04:53 PM
Keep it the way you have it imo. Online gives you more flexibility and less risk. At risk of starting another 5 pages of nonsense, anyone would be at significant risk of busting a 5BI roll.

Avoid tournies like the plague.
Winrates, bankrolls, and finances Quote
03-05-2016 , 05:07 PM
At my historical winrate, a 3BI roll would represent ~25% ROR. Significant but not a death sentence. I'll continue to ponder it.
Winrates, bankrolls, and finances Quote
03-05-2016 , 05:07 PM
Have there been any large tournament sample sizes posted?
Winrates, bankrolls, and finances Quote
03-05-2016 , 06:06 PM
Read a study of someone who followed all the big names and their ITM % in WSOP.

ITM in the teens % wise is considered very very good.

In short, cashing in tourney is a lot like winning the lottery, only the big prizes matter.
Winrates, bankrolls, and finances Quote
03-05-2016 , 06:06 PM
Playing with a short roll was one of the most miserable time in my life.
Winrates, bankrolls, and finances Quote
03-05-2016 , 06:13 PM
Quote:
Originally Posted by feel wrath
My only other pov is to ring fence physically one night a week now within your relationship structure as your poker night (or whatever else it is you want to do with some time for yourself) and obv also encourage her to have the same time away.

When kids come along and life gets way busier and more complicated, time alone/away often becomes the biggest metric of disagreement and pressure in the relationship and you have to be really strong to keep it in (and it helps by also insisting that she gets the same time for herself and to help make that happen for her). Important for the marriage longer term but imho, it's critical to set the precedent for it now
+1

i'd go with keeping some of the roll online. being able to play online, especially if you/her dont want to go out for the night. just be patient, you'll get it back

it seems like a bunch of the people ITT either
a) dont have a wife, so they have no clue (girlfriends/fiances aren't the same, no matter how much you think they are, trust me)
b) if they do have a wife, they seem to be extremely understanding of poker, which is very uncommon

trying to explain poker to someone who doesnt get it - and most people dont - and trying to explain it to someone who doesnt want to get it - and most people dont - is just a battle in futility. you'd have a better chance of convincing most people that the world is flat
Winrates, bankrolls, and finances Quote
03-05-2016 , 06:17 PM
I literally ONLY play poker when my wife is working or out of town.

Won a ridiculous amount of money playing busy hours last time my wife was out of town, and I still choose not to play those hours.
Winrates, bankrolls, and finances Quote
03-05-2016 , 10:13 PM
Quote:
Originally Posted by homerdash
Poker is going to cause a problem in the marriage regardless of where the money originates from imo

This is correct in my experience
Winrates, bankrolls, and finances Quote
03-05-2016 , 10:15 PM
Quote:
Originally Posted by spikeraw22
Solution: 100% my money which I'm perfectly willing to share once I climb out of the danger zone (queue Sterling Archer).
ft
Winrates, bankrolls, and finances Quote
03-05-2016 , 10:17 PM
Quote:
Originally Posted by spikeraw22
This is a pretty big consideration for me. I can't just disappear to the card room for 6 hrs like I used to. I can however fire up 6 tables on the lap top while the wife vainly subjects me to a Bones marathon.
wait, who's subjecting whom to a marathon of bones????
Winrates, bankrolls, and finances Quote
03-05-2016 , 10:21 PM
Quote:
Originally Posted by zoltan
wait, who's subjecting whom to a marathon of bones????
horrible show
Winrates, bankrolls, and finances Quote
03-05-2016 , 10:22 PM
I'll sequester my quality trolling inside chat thread I suppose. :/
Winrates, bankrolls, and finances Quote
03-05-2016 , 10:23 PM
Quote:
Originally Posted by spikeraw22
horrible show
Temperance tho
Winrates, bankrolls, and finances Quote
03-06-2016 , 01:18 AM
Look at it from your wifes perspective: She has the weekend off or she just got off of a long miserable day at work... and you want to run off and waste your time and lose money like 99.9% of all the other casino people instead of spending time with her
Winrates, bankrolls, and finances Quote
03-06-2016 , 05:50 AM
Quote:
Do I:
A) cash out online and combine rolls for a $750 shot to play live right now and risk not being able to play at all

B) wait another two months when I can have ~$8-900 without touching the online roll all while grinding that up as well.

C) Some combo of the two.
Depends on how much you enjoy live play vs. how well you play online.

From a pure 'responsible bankroll maintenance' perspective, you should probably take the cash and deposit it online. You'll be properly rolled for the micros and can easily move up for shot taking, and move down for downswings.

You also have more options--like playing SNGs along with cash games.

Problem with live is you can't downshift from 1-2 . And it's not hard to go busto with that size roll no matter your skill level.
Winrates, bankrolls, and finances Quote
03-06-2016 , 06:19 AM
Quote:
Originally Posted by Siculamente
Look at it from your wifes perspective: She has the weekend off or she just got off of a long miserable day at work... and you want to run off and waste your time and lose money like 99.9% of all the other casino people instead of spending time with her
just gained a new perspective on being able to call casino time work w two gfs in a row. god damnit i need to be more thankful
Winrates, bankrolls, and finances Quote
03-06-2016 , 11:35 AM
The wife/poker is under control guys. She really won't have a problem with it as long as it's my personal money. Just have to keep the time commitment under control.

She actually just asked me why I don't play 1/2 with our house money and I told her why. That's a lot of good will creation.


The main consideration currently is how best to utilize my limited resources. Live is where the money is and it's where I'll be able to make meaningful money in the future, plus it's just more enjoyable socially. I also want to keep at least some money online so I can grind when the opportunity arises plus I am a winner there too and can certainly build a little on the side that way to supplement until my live roll is in better standing.

I'm leaning toward grinding online a little longer. Within a month or two I'll have about double my current live roll to work with and while risky won't be a suicide mission when I hit it again. I've waited this long. I think a little extra time will be worth being able to recount wins and losses to wife without any ensuing money debates.
Winrates, bankrolls, and finances Quote
03-06-2016 , 12:34 PM
cliffs: women are the rake
Winrates, bankrolls, and finances Quote
03-06-2016 , 12:43 PM
Quote:
Originally Posted by johnny_on_the_spot

it seems like a bunch of the people ITT either
a) dont have a wife, so they have no clue (girlfriends/fiances aren't the same, no matter how much you think they are, trust me)
b) if they do have a wife, they seem to be extremely understanding of poker, which is very uncommon

trying to explain poker to someone who doesnt get it - and most people dont - and trying to explain it to someone who doesnt want to get it - and most people dont - is just a battle in futility. you'd have a better chance of convincing most people that the world is flat
Absolutely

Quote:
Originally Posted by Richard Parker
I literally ONLY play poker when my wife is working or out of town.

Won a ridiculous amount of money playing busy hours last time my wife was out of town, and I still choose not to play those hours.
didnt know you were married but admire your principles

Quote:
Originally Posted by homerdash
Poker is going to cause a problem in the marriage regardless of where the money originates from imo
Possible but not a certainty if approached correctly with patience

Quote:
Originally Posted by suited fours
Temperance tho
Ya but I could just look at Bones themes porn and save several hours.

Quote:
Originally Posted by sungar78
just gained a new perspective on being able to call casino time work w two gfs in a row. god damnit i need to be more thankful
Certainly although I wonder how much they understood if we're discussing exes

Quote:
Originally Posted by andees10
cliffs: women are the rake
Thread/
Winrates, bankrolls, and finances Quote
03-06-2016 , 01:29 PM
Quote:
Originally Posted by Siculamente
Look at it from your wifes perspective: She has the weekend off or she just got off of a long miserable day at work... and you want to run off and waste your time and lose money like 99.9% of all the other casino people instead of spending time with her
6-hour marathon of a show only she wants to watch while her husband plays 6 tables on his laptop can hardly be considered "quality time."
Winrates, bankrolls, and finances Quote
03-06-2016 , 01:50 PM
If spouse doesn't speak Variance, here's a different approach.

Honey, $X is initial investment / job training / uniform / initial batch of Amway soap, whatever makes sense to spouse. (X is initial bankroll obv) The first Y hours are unpaid training hours. And Z per hour is what I'm getting paid.

Pick X, Y, and Z as optimally as possible to provide cushion and manage expectations. Don't forget Warren Buffet's advice: the secret to success in business and marriage is the same, manage expectations.

Then, at the end of each month, leave a pile of 100s on the counter with a note on how many hours you worked. Or, cover your bed with fives, if you're into that sort of thing.

Because you picked x, y and z so well, you eventually run out of places to hide your growing roll. At that point, start giving yourself small raises to keep the good news flowing.

What could go wrong??
Winrates, bankrolls, and finances Quote

      
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