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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%

08-06-2018 , 02:28 PM
Quote:
Originally Posted by Katman
Don't forget about the huge elephant...that nobody is talking about....PENSIONS. https://www.google.com/url?sa=t&sour...vYkCSV&ampcf=1
A lot of people in my business are talking about it FWIW. It's a real issue that needs to be factored into any retiree's planning process.

Though the writer's presumed solution is to stock up on precious metals to which I offer a hearty LOL
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08-06-2018 , 02:39 PM
Quote:
Originally Posted by samo
Imho, the millennium offers information at one’s fingertips, getting lunch without getting out of your home or car, and not waiting in-line for coffee among other things. A millennial can easily fall into a trap that a career(s) path is the same. Unfortunately, that is not the case.

Companies have diversity incentives in hiring. There are loads of accounting/finance positions across all sectors in the economy. Sometimes you may have to begin with a temp agency, but that could lead to being hired permanently by the client. There are also shortages in the health/medical sector.

When I was a kid, we dreamed of athlete and rock star $. Today there are also YouTube stars and Instagram models. Few of us fall into those categories (income), a reality one learns with time. Earning $100k year takes time, effort, dedication, and usually some risk-taking. Totally the opposite of getting a morning coffee.

GL!
My opinion and I could be completely incorrect: there have often been difficulties breaking into the job market and being a contributor to the economy. I know there certainly was amongst my friends and I in the early/mid 90's, there was to some extent in the early 2000s and there unquestionably was in post 2008.

However, this is the first generation with the ability to complain about it ubiquitously via social media. So there is a sort of reinforcement/confirmation bias in play here.

I also believe there are more students with worthless degrees from suspect institutions that aren't nearly as valuable as the students expected.

I have seen some statistics that at least tangentially support my thesis but I can't put my finger on them ATM
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08-06-2018 , 02:43 PM
Quote:
Originally Posted by jc315
apparently johnnyvibes said he wins at 15 bb/hr at $5/10. that sounds pretty unreasonable. anyone here have significant sample at $5/10? i have <200 hours at $5/10.
I am not a 5/10 player either, but still common sense and my instincts tells me that this seems running over reasonable expectation over a good samplesize that he have played.

Dont get me wrong, i love his vlogs+ i think he is a strong player based on what ive seen from him in his vlogs, but 15 BB hour doesent seems sustainable over a big samplesize or longterm in 5/10 unless youre running hot. Pretty sure his 5/10 results hides a solid heater over a big sample in there.
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08-06-2018 , 02:44 PM
Quote:
Originally Posted by jc315
apparently johnnyvibes said he wins at 15 bb/hr at $5/10. that sounds pretty unreasonable. anyone here have significant sample at $5/10? i have <200 hours at $5/10.
There's no way. It's 5/10. Maybe San Diego was different but pretty sure the best 5/10 player in Vegas is nowhere close to 15 bb/hr. I have friend who played 5/10 Bellagio for a living for years. He's a very good player and he thinks 10 bb/hr is crushing and also that anything about 5 bb/hr is good.
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08-06-2018 , 03:07 PM
I have a pal who is a 5/10 player in lv and he is a highly skilled perfessional with a big bag o tricks. He plays mostly games that are deep and has a very nice sample size. He wins at exactly 11 bigs per hr over this sample.
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08-06-2018 , 03:47 PM
yeah 15 bb/hr at almost any stakes just seems ridiculous. either running insanely hot in a relatively small sample or something.

i mightve misunderstood what he said - maybe he meant he wins at $150/hr with a mix of $5/10 and $10/20 but from what i can tell he plays mostly $5/10 (vlogs are all $5/10 and he also said "my regular $5/10 game has died and so i have to switch to PLO or find other games).

i didnt watch the full vlog but it seems like hes offering coaching for $150/hr based on this information? can anyone correct me if im off? not that i would want coaching from him but it just seems a bit out there to advertise a 15bb/hr winrate to justify coaching price.
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08-06-2018 , 03:52 PM
I watched the vlog and understood it exactly same way.

Personally i would never pay $150 pr hour for coaching these days to anybody, unless it is Garrett Adelstein or some other world class livecrusher/legend who decides to be available for coaching smaller stakes players.

That being said, Vibes is of course free to offer his services for the price he wants, i am sure many players are gonna hop onto it just because of his name and being fan of his vlogs.

Edit: regarding coaching i could see myself pay a solid hourly if some of the legends on this forum like SABR or Squid somehow would be interested in coaching me, but still its very few that i would pay $150+ pr hour for coaching in todays poker climate.

Last edited by Petrucci; 08-06-2018 at 04:22 PM.
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08-06-2018 , 03:57 PM
when you say you understood it the exact same way, do you mean that he is saying he is winning at $150/hr in a mix of $5/10 + $10/20? it seems like he plays way more more $5/10 though and very little $10/20 (obviously just based off his vlogs which isnt much).

and yeah, definitely cannot blame someone for marketing themselves (vogs) and trying to make some money. im sure hell get plenty of rec players who have some decent money/jobs.

i think there is some value in paying for coaching ($100-150/hr) if the coach/player is a crusher in your local rooms at higher stakes. play style/exploits are more valuable if they are proven to crush at the same player pool you are at IMO. but even so .... i probably would never do it as well.
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08-06-2018 , 04:06 PM
I understood it the way that the 15 BB hour winrate was from strictly the sample he have tracked in 5/10 games. Wich i think have to be influenced by a big heater, even playing in deeper stacked juicy games. Basically i dont believe that kind of winrate is sustainable over a very large samplesize at those stakes.
Winrates, bankrolls, and finances Quote
08-06-2018 , 04:33 PM
Jesus. Have been thinking about getting back into poker full time and the last few pages of this thread have been downright depressing. Is it really that hard to make a decent hourly at the low levels? I used to crush all over (vegas, asia, bit of europe) for about 10 years and quit in 2010/2011 due to business picking up.
Winrates, bankrolls, and finances Quote
08-06-2018 , 04:38 PM
Quote:
Originally Posted by bwslim69
A lot of people in my business are talking about it FWIW. It's a real issue that needs to be factored into any retiree's planning process.
I only bring this up because, when I go to Parx on any weekday morning, the 1-2, 1-3 and even the 2-5 games are made up of mostly older men, and I would assume that a good portion of them are receiving a pension. They can lose every month, but a check will be in their mailbox on the 1st. If and when this thing collapses, or changes (pensions gets cut, or everything becomes a 401k) the poker economy loses a ton of players....new and old.
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08-06-2018 , 05:03 PM
Quote:
Originally Posted by stackz07
Jesus. Have been thinking about getting back into poker full time and the last few pages of this thread have been downright depressing. Is it really that hard to make a decent hourly at the low levels? I used to crush all over (vegas, asia, bit of europe) for about 10 years and quit in 2010/2011 due to business picking up.
If you haven't played for seven or eight years, yes it gonna be hard and take some work to crush again even at low stakes. Black Friday alone made the games harder. Recently training sites like Upswing are turning a lot of fish into break even or slightly winning players which is no doubt a disaster.
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08-06-2018 , 05:23 PM
Quote:
Originally Posted by stackz07
Jesus. Have been thinking about getting back into poker full time and the last few pages of this thread have been downright depressing. Is it really that hard to make a decent hourly at the low levels? I used to crush all over (vegas, asia, bit of europe) for about 10 years and quit in 2010/2011 due to business picking up.
People dont shovel chips at you anymore. You have to take them. You have to trick them. You wont be able to get 3 nice sized streets of value out of TP hardly ever. Playing TAG ABC will still win but not at a large win rate like it used to.
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08-06-2018 , 05:30 PM
Quote:
Originally Posted by MikeStarr
People dont shovel chips at you anymore. You have to take them. You have to trick them. You wont be able to get 3 nice sized streets of value out of TP hardly ever. Playing TAG ABC will still win but not at a large win rate like it used to.
I've heard randomly here and there that lower stake live tourneys are still pretty soft?

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08-06-2018 , 05:36 PM
Quote:
Originally Posted by stackz07
I've heard randomly here and there that lower stake live tourneys are still pretty soft?

Sent from my Pixel 2 using Tapatalk
I dont play tournaments but I have no doubt that they are donkfests. The players who bust out and come to the cash games are bad on an epic scale.
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08-06-2018 , 05:47 PM
Quote:
Originally Posted by MikeStarr
I dont play tournaments but I have no doubt that they are donkfests. The players who bust out and come to the cash games are bad on an epic scale.
Pm'd ya.

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08-06-2018 , 06:19 PM
Quote:
Originally Posted by stackz07
I've heard randomly here and there that lower stake live tourneys are still pretty soft?

Sent from my Pixel 2 using Tapatalk
they may be but the variance in mtts is huge and it's going to take you forever to get to the long run.

as well as that...how low are you talking for low stakes and how many can you play in a day? Playing a daily $300 mtt which you have a 25% ROI is still only going to get you $75 per day
Winrates, bankrolls, and finances Quote
08-06-2018 , 08:00 PM
Quote:
Originally Posted by LordRiverRat
If you haven't played for seven or eight years, yes it gonna be hard and take some work to crush again even at low stakes. Black Friday alone made the games harder. Recently training sites like Upswing are turning a lot of fish into break even or slightly winning players which is no doubt a disaster.
Are you seriously worried about the fish studying upswing poker? Do you know how much content is out there, tons if it free, and the fish still call it off with top pair no kicker.

Most of the fish would misapply the concepts from upswing and become aggrotards. Some of your recent posts in the strategy forum have had me laughing due to fancy play at 1/3 you are attempting.
Winrates, bankrolls, and finances Quote
08-06-2018 , 09:00 PM
Quote:
Originally Posted by stackz07
Jesus. Have been thinking about getting back into poker full time and the last few pages of this thread have been downright depressing. Is it really that hard to make a decent hourly at the low levels? I used to crush all over (vegas, asia, bit of europe) for about 10 years and quit in 2010/2011 due to business picking up.
It's tough but doable. I hadn't really played since 2011 but started playing live full time roughly one year ago. Made about 10BB/HR at 1/2 then moved up to 2/5 where I don't have a large sample yet but my winrate is on the absurd side.

Player pool is still quite weak but not as weak as it was so adjustments have to be made. The good thing about live though is pretty much everyone sucks even the winning players. There's almost nobody in my room I find particularly scary and I see lots of the "pros" doing dumb or transparent moves that might work on some of the fish but makes them easy to exploit.

I might find squid scary if I ever ran into him but at this point I think he's just a poker ghost story

But...if you have some decent paying legit job almost certainly better off sticking with that.
Winrates, bankrolls, and finances Quote
08-06-2018 , 09:05 PM
Quote:
Most of the fish would misapply the concepts from upswing and become aggrotards. Some of your recent posts in the strategy forum have had me laughing due to fancy play at 1/3 you are attempting.

I can say that over the past year, I took some concepts from Polk's videos and misapplied them. However, I like to think that's part of the process of me becoming a better player.


Having said that, it's tough becoming good at something and most people don't do it.
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08-06-2018 , 09:20 PM
Quote:
Originally Posted by OvertlySexual
I can say that over the past year, I took some concepts from Polk's videos and misapplied them. However, I like to think that's part of the process of me becoming a better player.


Having said that, it's tough becoming good at something and most people don't do it.
The thing about poker is to win significant money being good just doesn't cut it. You have to be pretty good relative to other players just to break even. To win you have to be significantly better. To crush you have to be way way better. Like 97th+ percentile by my guess.
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08-06-2018 , 09:40 PM
I've seen Doug Polk spew so much $ in live poker. The guy plays GTO in a game filled with exploitable opponents where he fails to realize everyone's range is highly weighted toward value.

I love GTO strat talk. Its the new fish excuse to play every hand to showdown and to be the action donk at the table.
Winrates, bankrolls, and finances Quote
08-06-2018 , 09:57 PM
Quote:
Originally Posted by Shai Hulud
It's tough but doable. I hadn't really played since 2011 but started playing live full time roughly one year ago. Made about 10BB/HR at 1/2 then moved up to 2/5 where I don't have a large sample yet but my winrate is on the absurd side.

Player pool is still quite weak but not as weak as it was so adjustments have to be made. The good thing about live though is pretty much everyone sucks even the winning players. There's almost nobody in my room I find particularly scary and I see lots of the "pros" doing dumb or transparent moves that might work on some of the fish but makes them easy to exploit.

I might find squid scary if I ever ran into him but at this point I think he's just a poker ghost story

But...if you have some decent paying legit job almost certainly better off sticking with that.
Not sure why you would find squid face "scary". The guy has been playing since the 90's and hasn't moved up to 5/10 even tho he boasts of making more than 100k every year at 2/5.

My guess is, he does what most pros do and nits it up pretty hard at the table. This is the safest way to low variance income and the most efficient way to get the money. The guys that play "intimidating" or "scary" are usually break even lags that spew off all of their profit.
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08-06-2018 , 11:13 PM
Quote:
Originally Posted by bodybuilder32
Not sure why you would find squid face "scary". The guy has been playing since the 90's and hasn't moved up to 5/10 even tho he boasts of making more than 100k every year at 2/5.

My guess is, he does what most pros do and nits it up pretty hard at the table. This is the safest way to low variance income and the most efficient way to get the money. The guys that play "intimidating" or "scary" are usually break even lags that spew off all of their profit.
not sure why you are firing shots at squid. i have a lot of respect for a guy who has grinded over the years and made a living off this game. this game blows and is depressing and stressful.

have you played in vegas? outside of the peak weekends/times (wsop, july 4th, whatever conferences) the games blow. its a bunch of nitty regs and locals. you have to do more than just sit there and nit it up to win at high rates. and even if he does just play an abc game - hes done it over many years and made a living from it.

for a long time i thought i was some sick LAG at $2/5 winning at 10 bb/hr for 500+ hours. and then i started to lose every all in i played.

if you can beat this game year after year after year for thousands of hours at 8-10+ bb/hr then i have nothing but respect for your work ethic and game.
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08-06-2018 , 11:23 PM
Quote:
Originally Posted by jc315
not sure why you are firing shots at squid. i have a lot of respect for a guy who has grinded over the years and made a living off this game. this game blows and is depressing and stressful.

have you played in vegas? outside of the peak weekends/times (wsop, july 4th, whatever conferences) the games blow. its a bunch of nitty regs and locals. you have to do more than just sit there and nit it up to win at high rates. and even if he does just play an abc game - hes done it over many years and made a living from it.

for a long time i thought i was some sick LAG at $2/5 winning at 10 bb/hr for 500+ hours. and then i started to lose every all in i played.

if you can beat this game year after year after year for thousands of hours at 8-10+ bb/hr then i have nothing but respect for your work ethic and game.
He's not firing shots, he's just saying he doesn't play a crushing game. Bodybuilder you seem a bit agro man, no need for all the hostility towards everyone.

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