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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%

01-25-2013 , 10:42 AM
Quote:
Originally Posted by Omar Comin
Unless you're playing rake free poker, it's not zero-sum.
Idea is the same. Many losers, few winners.
Winrates, bankrolls, and finances Quote
01-25-2013 , 12:42 PM
Zero sum does not mean anything about proportion of losers to winners... just simply means what it sounds like - the net of the competitors is the same before and after play.

Losses + Winnings = 0

Poker is not zero sum by definition because of rake, but some of the general strategies and concepts applied to zero sum games do fit with poker, hence the misuse of the term.
Winrates, bankrolls, and finances Quote
01-25-2013 , 12:43 PM
*play money poker is zero sum
Winrates, bankrolls, and finances Quote
01-25-2013 , 12:56 PM
Never did say that zero sum correlates to proportion of winners and losers.

However, if you actually care about the point I was making, you would see that it was about the result of such structure.
Winrates, bankrolls, and finances Quote
01-25-2013 , 03:04 PM
Oh, I agree with your comments about the evolution of skill in the game and having to always adapt. I have hope we are actually at a peak in "player pool skill" right now though. Boom is over, online is dead in US, so you have the situation right now where there are fewer beginners entering the game (economic reasons, post-online and TV boom, etc) and an abundance of skill players still involved (all left from the boom - live and online). So it is like the old rabit-coyote ecosystem... boom of rabits leads to boom of coyotes, then a depletion of rabits, now starving coyotes... Only in poker the sharks are cannibalistic So I expect most to quit or decide the diminishing returns / margins are too small to be worth it. The beginner influx (and degen population) should stabilize, and poker will be greener in future years (although with a relatively smaller player population).

I do not expect the player pool skill to evolve to a point where the game is unbeatable versus the rake... not live. It will just find a balance of "profit players" that is appropriate to the beginner in-flow/degen "forever fish". Some will progress from beginner to profit player, but again, in stable system that will just be near the attrition rate of former profit players.

The main thing for people to realize is how this economy works. You have to make poker entertaining for the donators... or more appropriately, the more entertaining you make it, the more fish there will be. Of course, don't tap the fish tank!
Winrates, bankrolls, and finances Quote
01-25-2013 , 03:14 PM
Very nice post, bip. Good understanding of supply and demand.
Winrates, bankrolls, and finances Quote
01-25-2013 , 04:04 PM
Lol - thanks. Those 101 Econ classes in college were useful after all!
Winrates, bankrolls, and finances Quote
01-25-2013 , 05:05 PM
Quote:
Originally Posted by bip!
*play money poker is zero sum
They rake play money now lol. Unless you mean everyone gets back exactly what they put in meaning nothing.
Winrates, bankrolls, and finances Quote
01-25-2013 , 05:21 PM
Omaha HU play money rake is redic.
Winrates, bankrolls, and finances Quote
01-25-2013 , 05:24 PM
Play money rake in general is ridiculous. It is uncapped isn't it? Lol
Winrates, bankrolls, and finances Quote
01-25-2013 , 07:47 PM
1/3 30-40k
2/5 50-70k
5/10 80-120k

This is assuming you are a very good player and putting in decentish hours (1300-1500). Very few pros put in 2000 hours a year. A lot of time is wasted commuting, game selecting, studying or whatever. In addition to that most pros choose poker due to freedom and put in less hours due to that. This is all a general guideline though.
Winrates, bankrolls, and finances Quote
01-25-2013 , 07:57 PM
Quote:
Originally Posted by D0UGHBOY
1/3 30-40k
2/5 50-70k
5/10 80-120k
Your stats are for the top 1% in the country.

Not even talking about room dependent. If we are cut that in half.

1/3 15k-25k
2/5 25-35k
5/10 no comment.
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:01 PM
My projections were based upon
1/3 30k 1500 * 20
2/5 50k 1500 * 33
5/10 80k 1500 * 53

You need to be a really good player to achieve these, but I don't think I'm making any outlandish statements.

Edit - yah you can say most grinders don't put in 1500 hours, but once again I'm not really talking crazy
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:07 PM
30hr at 1/3 if youre good
40 to 50 an hr at 2/5 if youre good

Just multiply by how many hours you are going to play and go from there
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:09 PM
Quote:
Originally Posted by dhcg86
30hr at 1/3 if youre good
40 to 50 an hr at 2/5 if youre good

Just multiply by how many hours you are going to play and go from there
Yeah that's pretty much what I was thinking. I just extrapolated it by assuming 1500 hours a year.
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:10 PM
Quote:
Originally Posted by iLikeCaliDonks
Your stats are for the top 1% in the country.

Not even talking about room dependent. If we are cut that in half.

1/3 15k-25k
2/5 25-35k
5/10 no comment.
That seems pretty low. I've made more than $15k in just the past 9-10 weeks playing 100% 1/2. $35-40k should be easily obtainable for a good 1/2 player. At 2000 hours that's only $17-20/hr.
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:10 PM
Let's all crush this weekend.
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:32 PM
Everyone comes in here and spews off the top winrates. Most if not all the players here are not good. So why spew garbage that makes no sense not to.

Most here are rec players. "I made 12k in 2 months, 40k is possible at 1/2". Sounds delusional if you ask me.
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:34 PM
Whenever someone asks a question like that interpret it as what should I strive to achieve for not what could a brain dead player make.
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:36 PM
Quote:
Originally Posted by iLikeCaliDonks
Everyone comes in here and spews off the top winrates. Most if not all the players here are not good. So why spew garbage that makes no sense not to.

Most here are rec players. "I made 12k in 2 months, 40k is possible at 1/2". Sounds delusional if you ask me.
$20/hr * 2k hours = $40k, doesn't seem that difficult. My goal for this year is $65k.
Winrates, bankrolls, and finances Quote
01-25-2013 , 08:42 PM
Dude nobody is making 65k a year at 1/2 or 1/3. Only in the softest of games with whales spewing everywhere could that be possible. 1/2 or 1/3 in Vegas not a chance.
Winrates, bankrolls, and finances Quote
01-25-2013 , 09:01 PM
Lmao I'm done, 40k is easy(not that difficult) ahahahahahaha.
Winrates, bankrolls, and finances Quote
01-25-2013 , 09:04 PM
I could make 65k a year playing 1/3 np

I don't have kids or responsibilities so grinding 12 hrs on thur fri sat and sun night isnt an issue
Winrates, bankrolls, and finances Quote
01-25-2013 , 09:07 PM
Quote:
Originally Posted by dhcg86
I could make 65k a year playing 1/3 np
Ok when I said nobody I meant very few. I don't think you could if I set a cap on hours. The difference between 1/2 and 1/3 is actually huge here. The poster I am talking about mostly plays 1/2 at red rock.
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01-25-2013 , 09:11 PM
Nope that's serious. He puts in a **** ton of hours though.
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