Wow nice run , low profit lately or not profit is profit

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GG snapped at 22 months. Booked just under 800 loss in april but bossed it up in may and am at 10k for the month

Oh yeah I agree, totally meaningless, especially when the number of hours per month could vary wildly from player to player (such as rec vs pro).

Gstill,funtocompare!G

NTTATWWT

but seriously - my "low volume" months are still 100hrs+

Based on last years hours, I averaged ~47 hours a month. Which I think makes it even more remarkable (i.e. flukey) that I managed the streak I did, considering that you'd think there would have been a time I simply ran bad over a low volume ~30 hour month.

Gdoesn'trunbadG

squid, have you ever had consecutive losing months in your career, if you don't mind me asking?

2300 hour sample. Avg month volume 125 hours. Longest win streak six months. Game is half hold em and Omaha. Although now mostly Omaha. Biggish game. 10-25 plo with 50-100k on table.

I Would have to look waaaaay back. Possible I had consecutive losing months around 03 but honestly can not remember

Subtle brag

If you don't have to tip than perhaps the rake isn't as outrageous as it looks at first. Most players tip at least 1$ per hand they win, often more. If we count dealer tips as part of the rake that's at least an extra $30/hr going to the house, possibly more. Most places in the US max rake is $5 (I'm not including the 1 or 2 for BBJ etc). That's a max of $150hr going off the table. However it's closer to $190 with tips ($210 if you include the promo drop). The 3/5 Aussie game has a max rake of $10 for a max of $300/hr leaving the table. So about 1/3 more. In a 9 handed US game you're paying $23/hr in rake. You're paying $33/hr in the Aussie game.

So simply subtract $10/hr from your winrate at a game with a better rake. It's a significant difference but if yuo're beating 2/5 pretty well it's still beatable.

Unless I've missed or overlooked something in this, which is possible.

I'm not gonna touch the 20 max at 1/2 or 2/2. Thats outrageous.
You have a smartphone I'm guessing? Than playing live is not an excuse to have have detailed stats. Even in the old days you could write down your start time/end and buyin/cashout to track your total profits and $/hr.

the game also has a $10 per hour time charge in sydney at least

Says $10 on arrival in the picture shared. So id say only play long sessions. Its absurdly high, but I think still beatable.

Hey guys,

I have some questions on starting up a live bankroll and I thought I would post it here to get some of your input.

Little bit about me: I used to play online all of the time before it shut down and I play live now very intermittently (probably 2-4 times a month). I am supposed to be getting Full Tilt money back soon (lol, we'll see) and I was thinking of converting it to my live bankroll.

The games that I play are either $1/$2 NL with a max $300 buy in or I like to play anywhere from $30-$150 live tournaments on occasion. Another thing to keep in mind is that I pay all of my bills/entertainment with my job. I want to make my poker bankroll completely separate from my life expenses since I want to treat this like a job.

With that being said, here are my questions:

1) How many max buy ins for cash games ($300 in this case) should I have in my roll before I even get started? I assume I would probably want at least 10 buy ins?

2) How many live tournament buy ins should I have set aside? I would assume probably at least 10 buy ins?

3) Should I separate my cash game roll from my tournament roll?

4) Should I use my bankroll or my entertainment money from my job to cover gas/hotel expenses for when I go and play? If out of my bankroll, any recommendations/tips with that?

Thanks for all of the insight guys, I really do appreciate the help!

Generally, 20 buyins+ for cash is the accepted standard. With that said, if you were a winning online player, live players are horrible in comparison and the variance is much less. Honestly, you could easily build a roll with 5 buyins. I was in a similar position as you. Full-time job, former online winner at 200 and 400nl. I bought into a 1/2 game just once and built my poker roll from there.

I can't speak to donkaments as I never play them.

I pay for all expenses on my cc and note/log them, but I keep them separate from my roll. I like to know my exact hourly and how much I am winning, and not have to include misc expenses in that right away.

as long as you have bills covered + little extra that you can add to your roll from job then you really don't need much to get started. i built my bankroll starting with 2 buyins when i was working a regular job.

10 buyins should be more than adequate to feel comfortable getting started. At 1/3 nobody's ever really putting you in many tough, high-variance spots.

All good points guys, the advice definitely helps.

I guess my other question, in regards to tournaments, would be this:

We have 2 card clubs here in the Twin Cities and they are both fantastic. One runs a $120 Bounty tourney on Monday nights ($75 + $20 juice + $25 bounty per person). The other place runs a $150 bounty on Saturday nights ($80 + $20 juice + $50 bounty per person).

The reason I mention these tournaments specifically is that I feel I can be a little more flexible on how many buy ins I need to play these tournaments since you are getting 1/5 - 1/3 of your buy in back by KO'ing one person. I'm not sure if someone has came up with a theory or formula on ABI for these bounty tourneys or # of buy ins in your roll to play these for bounty tournaments but I am really curious.

What would have a higher hourly?

5/5$ (200$-1000$) on PokerTek Tables (50-70h /hr)
5/10$ (500$-2000$) Standard dealer table (20-30h/hr

Depends on skill levels of the players in each game.
But if skill levels are identical then its likely that they will be very similar. 1bb / hour at 5/10 is equivalent to 2bb / hour at 2/5 but you are seeing 2x the hands at 2/5.

I hate dealing in absolutes regarding winrates. In most cases "it depends." In the casino I play at, the 2/5 games are often more profitable than the 5/10 games (for the average grinder). In fact sometimes the 5/10 games aren't profitable at all unless you are a super sicko. This despite the fact that the max buy-in at 2/5 is $500 and max buy-in at 5/10 is $2000.

My May w/r so far is 32bb/hr. Sustainable?

Heaters r fun.

What limit are you playing?

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2/5

If you don't mind me asking, how much was your $/hr for the months of april and may?

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