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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%

03-06-2016 , 01:57 PM
Spike I forget do you and the wife have kids? All I would say is if you have trouble with the time issues pre-kids it will be difficult x10 if you have kids.
Winrates, bankrolls, and finances Quote
03-06-2016 , 03:15 PM
One five year old boy. I'm
Not expecting to put in 20 hrs/wk right now. Just want to be able
To go when I can and start supplying some cash for things we want but can't pull from the life roll. We make quite a bit of money but also have a significant amount of school/life debt to deal with as well as really want to set ourselves up on solid ground financially going forward.
Winrates, bankrolls, and finances Quote
03-06-2016 , 04:34 PM
Hello guys,

here my stats:
Count: 69
Profit: 16.683
Hourly: 37,96
StdDev: 397.99
Total time: 440h

I play 2 times per week at 2-4. Since 3 months I am playing 50% of times 5-10 and 50% of times 2-4.

I play in a local casino and the profits include rake:
NL4 2euro if the pot is min 50 (+tip)
NL10 5 euro if the pot is min 100 (+tip)

Do you think I can move to play 100% NL10?

Additional info:
I do not know exactly the win rate at the 2 different stakes :/
The hourly rate has improved over time
Winrates, bankrolls, and finances Quote
03-06-2016 , 05:56 PM
Quote:
Originally Posted by N3uromant3
Hello guys,

here my stats:
Count: 69
Profit: 16.683
Hourly: 37,96
StdDev: 397.99
Total time: 440h

I play 2 times per week at 2-4. Since 3 months I am playing 50% of times 5-10 and 50% of times 2-4.

I play in a local casino and the profits include rake:
NL4 2euro if the pot is min 50 (+tip)
NL10 5 euro if the pot is min 100 (+tip)

Do you think I can move to play 100% NL10?

Additional info:
I do not know exactly the win rate at the 2 different stakes :/
The hourly rate has improved over time
wow nice rake structure
euro too, i thought europe was a rake fest?

only you know if you can move to 5-10, if you think/know you are profitable there, play there.
Winrates, bankrolls, and finances Quote
03-06-2016 , 06:12 PM
You don't tell us your bankroll, so there is no way we can answer if you can move up. Your Standard Deviation is quite high (even if it is per session, sky-high if it is per hour), so you need a very healthy bankroll to be able to move up to 5-10 without a significant risk of ruin.
Winrates, bankrolls, and finances Quote
03-06-2016 , 06:37 PM
Quote:
Originally Posted by Garick
You don't tell us your bankroll, so there is no way we can answer if you can move up. Your Standard Deviation is quite high (even if it is per session, sky-high if it is per hour), so you need a very healthy bankroll to be able to move up to 5-10 without a significant risk of ruin.
I checked, its per hour :/
Winrates, bankrolls, and finances Quote
03-06-2016 , 07:09 PM
OK, I just realized that's probably euros/hour, not BB/hour so it's not such a crazy SD after all, but without knowing the breakout of 2/4 vs. 5/10 or your bankroll, it's still really hard for us to tell you anything much.
Winrates, bankrolls, and finances Quote
03-06-2016 , 07:34 PM
Yes you are ready. Go and let us know how it goes.
Winrates, bankrolls, and finances Quote
03-06-2016 , 08:22 PM
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
Winrates, bankrolls, and finances Quote
03-06-2016 , 08:31 PM
Quote:
Originally Posted by spikeraw22
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
I'm sure this will go well...
Winrates, bankrolls, and finances Quote
03-06-2016 , 08:55 PM
Quote:
Originally Posted by spikeraw22
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
Solid plan. Good luck

Sent from my SM-T320 using 2+2 Forums
Winrates, bankrolls, and finances Quote
03-06-2016 , 09:10 PM
Quote:
Originally Posted by Garick
You don't tell us your bankroll, so there is no way we can answer if you can move up. Your Standard Deviation is quite high (even if it is per session, sky-high if it is per hour), so you need a very healthy bankroll to be able to move up to 5-10 without a significant risk of ruin.
I know virtually nothing about the standard deviation stat. What do I need to look for? Is the number itself useful? Or the number compared to the win rate or what?

$2/$5 NL
Im at $59.11 / hr
$231.69 / hr standard deviation.
$478.01 / session standard dev.
Winrates, bankrolls, and finances Quote
03-06-2016 , 09:45 PM
Quote:
Originally Posted by spikeraw22
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
Been >1 hour, where's the TR????
Winrates, bankrolls, and finances Quote
03-06-2016 , 10:09 PM
Quote:
Originally Posted by spikeraw22
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
that escalated quickly.

run hot bud!
Winrates, bankrolls, and finances Quote
03-06-2016 , 11:07 PM
My god sarcasm people.
Winrates, bankrolls, and finances Quote
03-06-2016 , 11:25 PM
Quote:
Originally Posted by MikeStarr
I know virtually nothing about the standard deviation stat. What do I need to look for? Is the number itself useful? Or the number compared to the win rate or what?

$2/$5 NL
Im at $59.11 / hr
$231.69 / hr standard deviation.
$478.01 / session standard dev.
Number just tells you how swingy you are. It isn't good or bad, except that bigger ones make wild runs (in either direction) more likely.

As for your numbers, they tell me two things. 1) You either have very calm swings or a small sample size and 2) You play very short sessions.
Winrates, bankrolls, and finances Quote
03-06-2016 , 11:50 PM
Quote:
Originally Posted by Garick
Number just tells you how swingy you are. It isn't good or bad, except that bigger ones make wild runs (in either direction) more likely.

As for your numbers, they tell me two things. 1) You either have very calm swings or a small sample size and 2) You play very short sessions.
I do have very calm swings. My sessions avg 4-5 hours.
Winrates, bankrolls, and finances Quote
03-07-2016 , 12:19 AM
Quick question! a friend of mine was saying that if you have large swings it's because you are winning big pots but also losing big pots. Over a long sample size a higher winrate is going to have less swings overall but maybe more in the short term while a low winrate will have less swings daily but it will take longer to dig out of a losing streak because your winrate is so small. Does that sound right?
Winrates, bankrolls, and finances Quote
03-07-2016 , 12:24 AM
I probably misunderstood. If both people in a relationship have great paying jobs then why would one want to play live low stakes for the money?
Winrates, bankrolls, and finances Quote
03-07-2016 , 12:33 AM
Quote:
Originally Posted by Siculamente
I probably misunderstood. If both people in a relationship have great paying jobs then why would one want to play live low stakes for the money?
Few people have hobbies that earn them money, a hobby is usually a money sink.

Plus who doesn't like some side money that is legal and.. ahem.. tax free
Winrates, bankrolls, and finances Quote
03-07-2016 , 01:25 AM
Quote:
Originally Posted by VolumeKing
Quick question! a friend of mine was saying that if you have large swings it's because you are winning big pots but also losing big pots.
Most people only track session swings, so it's possible to lose a lot of small pots and ended sessions down a lot or up a lot.

Quote:
Originally Posted by VolumeKing
Over a long sample size a higher winrate is going to have less swings overall but maybe more in the short term while a low winrate will have less swings daily but it will take longer to dig out of a losing streak because your winrate is so small. Does that sound right?
Not really, sounds convoluted.

One thing that most poker players can never learn is to appreciate losing hands.
Winrates, bankrolls, and finances Quote
03-07-2016 , 01:26 AM
Quote:
Originally Posted by Siculamente
I probably misunderstood. If both people in a relationship have great paying jobs then why would one want to play live low stakes for the money?
Why not?

Money is still money.
Winrates, bankrolls, and finances Quote
03-07-2016 , 03:31 AM
Quote:
Originally Posted by Richard Parker
Why not?

Money is still money.
That's why they call it money.
Winrates, bankrolls, and finances Quote
03-07-2016 , 07:12 AM
[ ] wealthy
Winrates, bankrolls, and finances Quote
03-07-2016 , 09:57 AM
Quote:
Originally Posted by Siculamente
I probably misunderstood. If both people in a relationship have great paying jobs then why would one want to play live low stakes for the money?
Define "great"

And in reality if my wife made what I make, which I would classify as very good, I would be more inclined to play for a living since my wife could cover all costs, thus the RoR for the family is much smaller
Winrates, bankrolls, and finances Quote

      
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