I've been grinding live quite a bit lately, and have reached the following conclusion about win rates: they are meaningless.
win rate : The amount of money someone is expected to earn per hour.
The amount of money I expect to earn at any given hour is simply impossible to fathom. For within every hour, everything about my poker game is changing; my game is evolving. I'm 22 years old, so I've only been seriously grinding for a year. I play 2-3 times a week, 1/2 NL 300 max, with occasional 2/5 shots.
I can remember how I used to play when I started B&M. My bet sizing was too small, I bluffed too frequently, tilted, etc. I was a winner, but only because I got paid off tremendously well on my value hands. My play simply wasn't optimal. And I only realize that
now, as I have completely changed my game, and make tremendously more money now. Granted, my sample size is small (probably about 600-700 hours, or 20k hands). But the fact remains that my game has improved quite a bit. I have a year of solid grinding under my belt, and I'm consistently winning, day in and day out.
But I've never recorded my win rate, because I think it is completely arbitrary. Every time I sit down at a poker table, I aim to play the best I've ever played-- better than the old me. I take my experience/knowledge and apply it. As I play more, I have more experience, and make better decisions. Thus, I expect to make
more money every time I play. I do not expect to make $x per hour. I expect to play the best I've ever played.
And my best days keep getting better. I really do feel like a better player every time I play, and that I am constantly increasing the amount/frequency I win.
Hypothesis: My win rate is in flux.
I cannot anticipate how much I will win during any given hour, as there are too many changing factors throughout my life, as well as throughout the game, ie. players leave the table / new players join, other players' moods change (occasionally at random), my own mood changes, I play a little too long. But as I become more conscious of all of these facts, I begin to adapt to them more effectively. For example, I am always becoming a better hand reader and soul reader
, my control over my temperament is improving, I tilt less, I spew a lot less, etc. I'm just getting better. This isn't a brag, it's just a fact I've noticed about myself. Perhaps one day I will reach my peak, or even begin to decline as a player. But the fact remains that my game will always be changing, as my reactions to the game are largely based on my history/experience.
Since everything in the future stands to change, how can I possibly predict my win rate? How can I possibly say that I make $14 an hour playing 1/2, when my potential could actually be higher? I know that I'm winning more now, and playing better than I ever have. So who is to say that I won't make more this year?
And why does it even matter? My goal is simply to make as much money as I possibly can. And if I really am improving as a player, then 'as much money as possible' is a number I cannot predict. I do not know how much I am expected to make. Only the future will show.
I suppose the only interesting win rate would be that of a Doyle Brunson, who has exhausted his poker career, and has finally reached the end. He could total up all of his hours and dollars (if it were possible) and determine how much he made per hour over his lifetime. This is what a win rate should refer to. It should be like a lifetime batting average in baseball. We wouldn't say that Tony Gwynn had a 35% chance to hit the ball every time he walked up to the plate in 1994. In fact, he ended up batting .394-- a number no one could have expected. So he had a 39.4% chance to hit the ball every time, but we only know that now, after the season has long been completed. A player's batting average is a measurement, not a predictor. The fact that Gwynn hit .358 in 1993 did not have any bearing on what his 1994 batting avg. would be. He could have hit .290. You just can't predict EXACTLY how likely a batter is to hit the ball. There are too many factors involved.
Poker is similarly too hard to predict. I suppose I could begin to record my win rates each year, but I imagine the numbers would be just like the back of a baseball card. Some great years, perhaps a cold stretch, and then a final avg. or win rate. But who cares? Can't I just play my best and say I'm a winning player, without keeping track of some mysterious hourly rate that won't even reveal itself until I die? All that should matter is playing my best, and trying to make 'my best' even better every time.
Thanks for reading.