Alright, I said I'd post an update after 100 more hours, and I did fully expect my winrate to drop, but not this much! Here's a dose some sobering truth for this thread.
Previous post
Quote:
I started keeping track of my live play in June. I used to work but recently quit (not specifically to play poker full time, I just didn't like my job) so I've had more time to play poker lately and have just passed 100 hours this month.
My recordkeeping isn't that detailed, I've only tracked date, length and winnings (I only play 1/2 at one room).
Winnings: $2,599
Hours: 112.82
Hourly: $23.04
# of winning sessions: 16
# of losing sessions: 5
# of breakeven sessions (+/-$25): 6
Brief sessions (<2:30)
Winnings: $379
Hours: 13.87
Hourly: $27.33
# of winning sessions: 3
# of losing sessions: 1
# of breakeven sessions (+/-$25): 3
Normal sessions (2:30-5:00)
Winnings: $1,795
Hours: 64.12
Hourly: $28.00
# of winning sessions: 10
# of losing sessions: 3
# of breakeven sessions (+/-$25): 3
Long sessions (>5:00)
Winnings: $406
Hours: 36.83
Hourly: $11.02
# of winning sessions: 3
# of losing sessions: 1
# of breakeven sessions (+/-$25): 0
I'm aware that 110 hours is a very small sample size and I don't think I can sustain >$20/hour, at least not now. Maybe in the future.
I do think the ratio of winning:losing sessions is relevant though, even for this small sample. At the table it seems like I'm always trickling money waiting for a hand or waiting to hit and I expected to have a lot more small losing sessions. Apparently not.
I also probably shouldn't play more than 5 hours, too bad I didn't record splits in those sessions because the first 5 is probably where all the profit is and the rest is just coasting.
Update
Red line = initial post
Since last post
Winnings: $378
Hours: 93.22
Hourly: $4.05
Total to date
Winnings: $2,977
Hours: 206.03
Hourly: $14.45
# of winning sessions: 26
# of losing sessions: 14
# of breakeven sessions (+/-$25): 7
So yeah, almost 100 hours of breakeven kinda sucks. I don't think I played poorly during that period, but definitely sub-optimally. The biggest difference is whereas I played many short sessions initially which were fairly successful overall, since then I only had 2 sessions under 2.5 hours (and both were cases of me getting coolered for 2 BIs each within an hour). Many of my sessions are 4-6 hours now. Furthermore, going to the casino used to be a pretty big deal for me. I had to be in exactly the right mood, have a full stomach, and be full of energy. Lately I've been going to the casino a lot feeling only 70% or 80% which is also probably affecting my win.
I think my B and C games have improved a lot though -- I'm certain I would have done much worse than breakeven had I put in regular 4+ hour sessions in the beginning. But B and C game is still bad poker, I've got to find a way to focus better at the table. When I'm playing my B game I miss steal opportunities and thin value.
That said, looking at the big picture $14.50 over 200 hours is not bad at all, the graph is not very pretty but it's never a giraffe, is it?