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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%

06-25-2013 , 06:31 PM
Game B is much more profitable given the same rake and more dead money in the pot pf.
Winrates, bankrolls, and finances Quote
06-25-2013 , 07:06 PM
Quote:
Originally Posted by D0UGHBOY
Game B is much more profitable given the same rake and more dead money in the pot pf.
bolded is pretty absurd.

Structure is going to have an effect on the profitability of these games, but it is going to be pretty nominal.

If game quality is a dead heat, choose B. Otherwise, go where the quality is the best..

Noth though that both of these games have a very low BI relative to the blinds. 100BB is the low end of normal to begin with, but the atypically large SB in both games exacerbates it.
Winrates, bankrolls, and finances Quote
06-25-2013 , 07:11 PM
It's not absurd at all. Have you ever compared winrates in a 1/2 200 cap vs 1/3 300 cap?
Winrates, bankrolls, and finances Quote
06-25-2013 , 07:19 PM
Quote:
Originally Posted by IbelieveinChipKelly
do you think this is reasonable:

i have a bankroll of X

as long as the bankroll is at X+ i am going to take 25 percent of each winning session and use it for life. (hookers and blow)

if bankroll dips below X, i take 0 percent for life until i get roll back to X.

also, anyone have a link to Risk of ruin? i can't seem to find one that helps me.
u just need the forumla?

2.718281828^(-2xy/z2)

x=winrate y=bankroll z=SD

u can use any unit you want but they all have to be in the same unit and WR and SD hjave to be in the same period

personally, i don't like your idea. I think a system where you start with bankroll X, then take like 5 percent out every time you grow by 20 percent is better. At the very least, i would say take 25% of your weekly profits out, if they exist. doing it session by session seems a bit de trop.

Assuming 8 hour sessions and 40 hour weeks, youre talking about a SD thats like 13x your WR per session but only 5x your winrate per week.

Last edited by Turyia; 06-25-2013 at 07:30 PM.
Winrates, bankrolls, and finances Quote
06-25-2013 , 07:30 PM
Quote:
Originally Posted by Turyia
u just need the forumla?

2.718281828^(-2xy/z2)

x=winrate y=bankroll z=SD

u can use any unit you want but they all have to be in the same unit and WR and SD hjave to be in the same period

personally, i don't like your idea. I think a system where you start with bankroll X, then take like 5 percent out every time you grow by 20 percent is better. At the very least, i would say take 25% of your weekly profits out, if they exist. doing it session by session seems a bit de trop
thanks. i might try to grow the bankroll more first.
Winrates, bankrolls, and finances Quote
06-26-2013 , 05:02 PM
Quote:
Originally Posted by Turyia
u just need the forumla?

2.718281828^(-2xy/z2)

x=winrate y=bankroll z=SD

u can use any unit you want but they all have to be in the same unit and WR and SD hjave to be in the same period

personally, i don't like your idea. I think a system where you start with bankroll X, then take like 5 percent out every time you grow by 20 percent is better. At the very least, i would say take 25% of your weekly profits out, if they exist. doing it session by session seems a bit de trop.

Assuming 8 hour sessions and 40 hour weeks, youre talking about a SD thats like 13x your WR per session but only 5x your winrate per week.
$15/hr winrate, 3k bankroll, 420 SD. Your chance of going broke is 60%? Am I misunderstanding something or is this way too high?
Winrates, bankrolls, and finances Quote
06-26-2013 , 05:04 PM
B should be a much better game.

$5 drop (vs 10% rake up to $5) is tough though.
Winrates, bankrolls, and finances Quote
06-26-2013 , 07:11 PM
Quote:
Originally Posted by IbelieveinChipKelly
Yeah, I work full-time. Make enough to slightly replenish the roll once in a while. Been playing live for 3 years and have gone up and down.

Stand. dev is $415/hr
Wow. Playing 1/2? That seems like an insane SD.
Winrates, bankrolls, and finances Quote
06-26-2013 , 07:53 PM
Quote:
Originally Posted by BlaneH
Wow. Playing 1/2? That seems like an insane SD.
I use SessionLogger. I have a feeling it calculates things incorrectly. Not sure. Other people have mentioned the same thing.

I do play shorter sessions (3-4 hours) when I get up big.
Winrates, bankrolls, and finances Quote
06-26-2013 , 08:29 PM
Nope. I use session logger and it has be at a reasonable 100/hr SD. I some times play short sessions when I lose due to stop loss but I also continuously up date my stack size through the session. Try doing that and it may lead to you having a more accurate account. It's pretty close to the one I have on check your bets.
Winrates, bankrolls, and finances Quote
06-26-2013 , 08:32 PM
This Aaron Hernandez thing is crazy. Did he really think he could get away with it?
Winrates, bankrolls, and finances Quote
06-26-2013 , 08:37 PM
Quote:
Originally Posted by IbelieveinChipKelly
I use SessionLogger. I have a feeling it calculates things incorrectly. Not sure. Other people have mentioned the same thing.

I do play shorter sessions (3-4 hours) when I get up big.
it does if you dont update your stack size every hour. But it tends to underestimate SD, not overestimate it.

i havent tested, but it might have a tendency to overestimate SD if you play multiple stakes.
Winrates, bankrolls, and finances Quote
06-26-2013 , 08:43 PM
getting a new phone tomorrow and can't transfer existing stuff over AFAIK, so i'll probably start with a new program if i start tracking again on my phone. i stopped around may 31.
Winrates, bankrolls, and finances Quote
06-26-2013 , 08:45 PM
Quote:
Originally Posted by WinEvryRacex
$15/hr winrate, 3k bankroll, 420 SD. Your chance of going broke is 60%? Am I misunderstanding something or is this way too high?
yes. youre missing this:

Quote:
Originally Posted by BlaneH
Wow. Playing 1/2? That seems like an insane SD.
200/hr is a pretty typical SD... for which a 3K br would yield a 10% RoR.

remember... doubling SD quadruples variance.
Winrates, bankrolls, and finances Quote
06-27-2013 , 12:54 AM
I have two things to add....

1.) in poker journal app for iPhone, to calculate bankroll requirements I was trying to use this app to figure out standard deviation, do I use standard deviation hourly, or for the whole session.

And 2.) I have promptly run my 5k BR that I saved up over months of humping this crappy job into the ground in a matter of weeks and only have 2500 left and am moving down to 1-2 to try to recover and rebuild. I don't necessarily think any of you care about this, but I just complain and whine somewhere to someone, so you have drawn the short stick.
Winrates, bankrolls, and finances Quote
06-27-2013 , 02:51 AM
Quote:
Originally Posted by Walter1
I have two things to add....

1.) in poker journal app for iPhone, to calculate bankroll requirements I was trying to use this app to figure out standard deviation, do I use standard deviation hourly, or for the whole session.
either will work as long as your winrate is expressed in the same period as your standard deviation.... so if you use your standard dev per session you also need to use your average winrate per session
Winrates, bankrolls, and finances Quote
06-28-2013 , 11:03 PM
This is the RoR calculator I use:

http://www.reviewpokerrooms.com/poke...uirements.html

And yes it is true that either numbers (hourly SD or session SD) will yield a result, those numbers are slightly different for me. Poker Journal weights all sessions the same whether they are 1 hour or 12 hours, so I believe that using hourly results are more accurate. But I'm not trained in the mathz. Personally I am happy using hourly SD with a 1% RoR, which results in a lot of work to realize can just use the 20 BIs rule and have almost the exact same number.
Winrates, bankrolls, and finances Quote
06-30-2013 , 12:36 PM
In the first 100 hours of playing full-time live NL poker again, I am winning 22k already.

Too bad that I am going back into semi-retirement (20 hours/week) in a couple months. Would be nice to have a 100k run before I final my hours back down in mid-September.
Winrates, bankrolls, and finances Quote
06-30-2013 , 01:03 PM
Stakes? Location? Max buy-in?
Winrates, bankrolls, and finances Quote
06-30-2013 , 01:10 PM
Los Angeles 5/10 NL and 10/20 NL games (80% 5/10 NL). Mostly capped games.
Winrates, bankrolls, and finances Quote
06-30-2013 , 01:14 PM
Quote:
Live Low-stakes NL
Discussion of up to 3/5 live no-limit, pot-limit and spread-limit Texas Hold'em poker games, situations and strategies.
Ya...is there a need to brag here?
Winrates, bankrolls, and finances Quote
06-30-2013 , 01:38 PM
I just don't like posting in Medium-High Stakes Full Ring.

Besides, I am a LLSNL reg poster, and I rarely brag about my win-rate. At least not nearly as much as all the other LLSNL regs do.
Winrates, bankrolls, and finances Quote
06-30-2013 , 01:41 PM
I thought you were always a full timer ATsai...you took a break recently?

Do you do time on / time off as a pro, or was it something unrelated?
Winrates, bankrolls, and finances Quote
06-30-2013 , 01:49 PM
Quote:
Originally Posted by ATsai
Los Angeles 5/10 NL and 10/20 NL games (80% 5/10 NL). Mostly capped games.
very nice, I have had a $10k month at half/ half 1/2 and 2/5 in exactly 100 hours too. I think I ran well and didnt spew huge with helps.
Winrates, bankrolls, and finances Quote
06-30-2013 , 02:01 PM
Taking today off, had a pretty up-and-down month. First half of the month was great, second half sucked hard. Apparently I just run horribly every time I play at the Wynn because I'm about 0/10 on lifetime sessions there. Lost about $800 playing 1/3 there yesterday, almost all of it on a hand against a maniac where I pick up AA in SB on his UTG straddle, 3 people limp, I raise to $36, he re-raise to $110, I 4b to $350 with $650 effective stacks, he calls, flop J43r, I shove he calls, turn 9 river 7, he has 56s. Then decided to take a shot at the 5/10 game and bought in for $1k, lasted about 30 minutes running the nut flush into a rivered full house, culminating in my single worst day ever with a total loss of $1,855. Also lost a monster pot at 2/5 last week with second nut flush against the nut flush and third nut flush, and about a $900 pot at 1/2 where I runner-runnered top boat against a runner-runnered straight flush. Which way is BBV again?

Winrates, bankrolls, and finances Quote

      
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