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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%

12-10-2012 , 09:03 PM
Question for the LLSNL crowd:

Say I'm adequately rolled for the 2/3 game at my local B&M, which has a $300 full buy-in, so say I have $6,000 as my roll (20 buy-ins).

Now, is it "proper" or is it bad Bankroll management to 'skim' any profits I might make that go above this 6000 mark? I mean is it -EV? Consider that I do not want to go up in stakes in the forseeable future.

By 'skimming' I simply mean take the profit out and use it in my "real life" bankroll rather than my poker bankroll, which is only for poker obviously. Maintaining a float of $6000 when I go over.
Winrates, bankrolls, and finances Quote
12-10-2012 , 11:06 PM
Why would it be an issue if your WR justifies 20BI BR?
Winrates, bankrolls, and finances Quote
12-10-2012 , 11:12 PM
Quote:
Originally Posted by BlueLagoon32
Question for the LLSNL crowd:

Say I'm adequately rolled for the 2/3 game at my local B&M, which has a $300 full buy-in, so say I have $6,000 as my roll (20 buy-ins).

Now, is it "proper" or is it bad Bankroll management to 'skim' any profits I might make that go above this 6000 mark? I mean is it -EV? Consider that I do not want to go up in stakes in the forseeable future.

By 'skimming' I simply mean take the profit out and use it in my "real life" bankroll rather than my poker bankroll, which is only for poker obviously. Maintaining a float of $6000 when I go over.
If you have no ROR(not saying you do) to bust 20 BI then do whatever the hell you want with your money.

This question is pretty lol.
How could someone say "No, you can't take any money over 6000 out of your bankroll after you win".
Winrates, bankrolls, and finances Quote
12-10-2012 , 11:46 PM
Depends on your purpose with poker.
Winrates, bankrolls, and finances Quote
12-11-2012 , 03:03 AM
people need to stop applying online BRM to live poker.
Winrates, bankrolls, and finances Quote
12-11-2012 , 03:25 AM
i want to add money to my poker bankroll from my winnings but i also want to enjoy the money i win by enjoying life.

once my bankroll reaches X, is it a decent idea to go with 50 percent of winnings to bankroll, 25 percent to fun and 25 percent to life?
Winrates, bankrolls, and finances Quote
12-11-2012 , 05:54 AM
I've had a pretty run-good month and have won a lot of big pots with one pair. Last night I won $762 and only had one hand in a decent sized pot with better than one pair. Tonight I won $414 and only had more than one pair on one hand where I flopped the nuts with 78dd on a 569 board but the 7 on turn killed my action leading to a $80ish pot total, V had AA. I really have no idea how I've won so much without remembering too many monster hands being hit. Lots of small pots won without showdown I guess, and a few 3bets and 4bets in good spots, sometimes with the goods and sometimes without.

While I don't keep track of my exact hours, I'd guesstimate that I average 4-6 hours per session and know 100% that I haven't had any sessions longer than 8 hours recently. I stopped keeping track of wins and losses for a couple months, then started tracking on 11/16 again and have played every day except while I was out of town for a few days. Over the past 19 sessions I am up $7,110, $5,082 of which was just the past 10 sessions. Only 1 of the past 19 sessions was a loser, and that was only because I got coolered after flopping the nut flush 200bb deep and getting runner-runnered a boat by JJ with board pairing on turn and J on the river.

Average session is +$374.21 and with a average of ~5 hours per session, a winrate of approx. $75/hour. I know this is not sustainable, but it's always fun when it feels like you're playing your A game every day and running good at the same time. This is my third $7k+ month this year at $1/2 and while taking shots at higher limits may be in my future, continuing to crush the $1/2 games seems like a good bet too. I just play for fun even though it's nice to win, and losing a bunch of buy-ins at $2/5 would hurt a lot more than a few bad days at 1/2.

All of this was at $1/2, no $1/3 or $2/5. Most of my play is at Red Rock and Venetian. A few people that post in LLSNL have played with me a number of times, and I'm sure I've probably played with other 2+2ers but didn't catch any names.

Last edited by wj94; 12-11-2012 at 06:03 AM.
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:09 AM
So is this the thread where we write how awesome we are?
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:11 AM
Quote:
Originally Posted by SeaUlater
So is this the thread where we write how awesome we are?
yessir
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:16 AM
When you're this awesome at 1/2, 37.5bb/hr and multiple 7k months, you shouldn't waste your talent at 1/2.

I mean, even if you are just half as good in 2/5, you would make $95/hr!
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:22 AM
Quote:
Originally Posted by SeaUlater
When you're this awesome at 1/2, 37.5bb/hr and multiple 7k months, you shouldn't waste your talent at 1/2.

I mean, even if you are just half as good in 2/5, you would make $95/hr!
$1/2 is such an easy game though...sorry if you don't believe me. I've been breakeven the few times I've played $2/5 so I just stick with $1/2 since I know I can beat it. I don't keep a poker BR separate from my life roll, so downswings at $2/5 would be pretty ****ty. I'm not hard to find, just come to Red Rock or the V and look for a mid-20's guy with a Redskins or Virginia Tech sweatshirt, possibly wearing over-ear headphones.
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:29 AM
In all seriousness, if you're winning $75/hr at 1/2, how do you go broke at 2/5?

How is the game so different that you could print money in one and go broke in another?
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:34 AM
Quote:
Originally Posted by SeaUlater
In all seriousness, if you're winning $75/hr at 1/2, how do you go broke at 2/5?
I can't always win $75/hour at $1/2, that would be ridiculous. Over the course of the 10 months I've been in LV my total winrate is probably somewhere around $25-30/hour, which I think is still very solid for 1/2. There's a difference between going broke and having a downswing...and being a financial kind of guy that sells insurance and therefore makes a living managing risk, playing higher limits that will increase the variance of my savings/bankroll is not all that appealing at this point. Like I said, I play for fun, not to generate an income. When I hit a BBJ and have $30k that I can dick around with, I'll jump in more 2/5 and 5/10 games.
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:37 AM
Oooooooh...so your "actual" win rate is guesstimated at around 25-30.
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:40 AM
Quote:
Originally Posted by SeaUlater
Oooooooh...so your "actual" win rate is guesstimated at around 25-30.
Yes, sounds about right. I stopped keeping track for a couple months so I don't know what the exact amount is, and I never keep track of hours played so it will always be a guesstimate. The hourly really makes no difference to me since it doesn't matter whether I play 3 hours or 6 hours, the only thing that matters is my total take-home profit or loss. Hourly winrate is not a very good statistic IMO since doubling the hours played is not likely to double the total win for the session.
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:45 AM
I get you. Good luck.
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:47 AM
Quote:
Originally Posted by SeaUlater
I get you. Good luck.
You sound a little bitter. Feel free to come take my money.
Winrates, bankrolls, and finances Quote
12-11-2012 , 06:51 AM
Bitter how? It sounded like BS, then I confirmed it.

Plus I know I am more awesome with actual record, and I can beat 2/5.
Winrates, bankrolls, and finances Quote
12-11-2012 , 09:57 AM
wj94 obliterates 1/2 and plays an ideal style to beat that game. He is just saying he does not see a good reason to massively increase his risk and wants to take the free money. Coming from someone who smashes 2/5 and 1/2, I fully understand his argument.
Winrates, bankrolls, and finances Quote
12-11-2012 , 10:07 AM
Quote:
Originally Posted by iSUCK_out
wj94 obliterates 1/2 and plays an ideal style to beat that game. He is just saying he does not see a good reason to massively increase his risk and wants to take the free money. Coming from someone who smashes 2/5 and 1/2, I fully understand his argument.
So he's run good over approx 120 hours this month. That's a nice run but hardly statistically significant as I am sure wj94 knows. His OP almost sounds like it belongs in BBJ.
Winrates, bankrolls, and finances Quote
12-11-2012 , 11:21 AM
Quote:
Originally Posted by RobFarha
people need to stop applying online BRM to live poker.
what do you use?
Winrates, bankrolls, and finances Quote
12-11-2012 , 11:30 AM
Quote:
Originally Posted by PolProf
So he's run good over approx 120 hours this month. That's a nice run but hardly statistically significant as I am sure wj94 knows. His OP almost sounds like it belongs in BBJ.
Sorry if you think it came off that way. I even said in the post that there's no way it's sustainable, just that I've had a run-good month with not getting sucked out on. I've changed my game a lot with the help of 2+2 and rather than relying on hitting monster hands to win big pots like I used to, more recently it's been a lot of taking down pots in position without showdown and getting the max value out of TP and overpair type hands. Hopefully this will continue to pay off, though I know there are bound to be a few big pot coolers in my future. I'd find it hard to believe that there aren't other 1/2 players on 2+2 that have won $7k+ in a month or won $60-80/hr over a 1-2 month sample. If playing 25-30 days in a month, that's an average of $200-300 per session in winnings, not exactly an insane stretch of the imagination.

iSUCK_out is the only reg at RR playing 1/2 that's better than I am, IMO. I'm sure other RR regs will agree that he's probably the best player there. Table change please...
Winrates, bankrolls, and finances Quote
12-11-2012 , 02:11 PM
Here's one guy that records partial information, without hours, and only started recording session results once again in November, presumably because he was on a losing streak and didn't want to record mostly losses.

How do I make that guess? Because you recorded in July, then stopped, and now recording again in November, and said that you "guesstimate" your WR to be 25-30/hr in 10 months rather than 75/hr in your very selective and very partial record.

So ya, you're not the first very awesome player that intentionally keeps a biased and fuzzy record to support your awesomeness.
Winrates, bankrolls, and finances Quote
12-11-2012 , 02:30 PM
Quote:
Originally Posted by SeaUlater
Here's one guy that records partial information, without hours, and only started recording session results once again in November, presumably because he was on a losing streak and didn't want to record mostly losses.

How do I make that guess? Because you recorded in July, then stopped, and now recording again in November, and said that you "guesstimate" your WR to be 25-30/hr in 10 months rather than 75/hr in your very selective and very partial record.

So ya, you're not the first very awesome player that intentionally keeps a biased and fuzzy record to support your awesomeness.
I was only playing 2-4 days per week over the summer whereas now I have been playing 6-7 days a week since mid-October. Should I have been keeping records the whole time? Probably, but I didn't. I've never lost more than $3k in a month, and that $3k was the only losing month I've had since I've moved to LV. I have never lost more than $900 in a session and have had many days winning $1k+. You can doubt my numbers all you want, really does not make any difference to me. If you live in LV and want to jump in a game with me at RR or the V, I'll be around.
Winrates, bankrolls, and finances Quote
12-11-2012 , 02:38 PM
I would, but you don't play 2/5 or higher.

Anyhow, what's stopping you from keeping actual record of how much you're buying in, how long you have played, and how much you cashed out?

$200/4.5hr/$500

How hard is that?
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