Quote:
Originally Posted by Swanndogg
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I am a winner at up to $25 tables internet wise, and have done pretty well live, though was only rolled for a couple of buy ins, and eventually lost that and have not played live since (because I haven't been able to free up any cash lately)
I have heard that an obtainable win rate is about 10BB per hour (real BB, not Poker Tracker BB), but I don't have sufficient hands to make that observation on my own. I also heard that 20 buy ins is probably fine for live poker. I am planning on quitting a session once I lose 2 buy ins.
Comments? Advice? Is the travel idea good or bad? Anyone have any actual experience with going on poker destinations with the family in tow???
I have several BIG concerns.
#1) Based on what you've written above, its not clear if you are a winning player at the live game
Too often (especially on 2+2) online players think that the $0.10/$0.25 and $0.25/$.50 skills and winrates transfer to $1/$2 and $2/$5 live and that is simply not true nor completely accurate.
In a nutshell, the live game is DIFFERENT, different opponents, psychologies, environmental factors, pace, physicality, etc. A lot of these differences throw online players for a loop, ESPECIALLY THE PACE!!!!
#2) The time commitment and logistics.
Playing live for an income is a huge time commitment. You have to have the time to sit for hours on end, through hours of card deadness to get those precious few hands that will make or break your entire day. Similarly, its in your best interest to target the fish and donks who play 5pm - 2am Wed - Sunday and it doesn't seem like your schedule will be flexible enough. Plus, a lot of times the wait list for a table can easily be an hour if you aren't a regular (especially during peak donk/fish hours like 7pm on a Friday night). So if you think you can show up, play a quick 3 hrs, and then leave, you are mistaken.
#3) Steady paycheck???
Its not like punching a clock for a guaranteed income. Due to variance, you can easily have a bad 2-3 week run where you go through a $6K downswing.
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To be clear, I have tons of respect for online players and technically, I feel online players have a better understanding of the mechanics and mathematics of proper poker and in general are at a higher skill level. However, what DESTROYS online players when they try to play live is that they do not properly respect or understand the differences between live and online play and they try to cut and paste their online games to the live world.
My fear for you is that you would be part of the majority of online players who crush the online world but get your ass handed to you in the B&M casino.
IMO, it takes about 150 hrs to get a proper feel for live play at the level in question. And truthfully, there are MANY online players who simply cannot make the adjustment.
If you are serious about making an income with live play, then you are really talking 2/5NL poker with a $500 buy-in. Acquiring 150 hrs of "experience" can easily run you $20K in the hole.
anyways, my two cents, take it for what its worth.