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Old 04-19-2013, 09:30 AM   #4801
derada4
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Is the difference in rake between LA and NV that big, that a breakeven player over 600 hrs in LA would make 20/hr in Vegas?
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Old 04-19-2013, 09:34 AM   #4802
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re: Winrates, bankrolls, and finances

For those of you that regularly make the trip to the wsop every year What percentage of your bankrolls do usually bring out to grind with? Or do you just bring the lot?
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Old 04-19-2013, 09:42 AM   #4803
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by derada4 View Post
Is the difference in rake between LA and NV that big, that a breakeven player over 600 hrs in LA would make 20/hr in Vegas?
I hear LA rake is more, also LA takes a drop rather than a rake. So in LV it would be something like 10% to $3+1 for the jackpot. So a $20 pot would have $3 taken out, a $40 pot would have $4 taken out. Also many rooms have a "no flop, no drop" rule. Whereas in LA it's $5+$1 regardless of the size if there's a flop (I think most rooms also have a reduced drop if there is no flop). So a $40 pot would have $6 taken out, as would a $20 pot.

I don't know about LA casinos, that's only what I think I remember hearing. But if that's really how they do it, then yes at 1/2 that rake is absolutely crippling and breaking even would be an accomplishment.
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Old 04-19-2013, 10:16 AM   #4804
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Is the difference in rake between LA and NV that big, that a breakeven player over 600 hrs in LA would make 20/hr in Vegas?
It was in a casino playing against bad nitty regs during day for shallow stacks. In LA, they take 4 dollars on flop no matter size of pot plus 1$ jackpot drop on every hand preflop. In vegas in big rooms, my understanding is they take 10% up to 4$ and no jackpot drop which is a huge difference. And vegas buy in structures are deep compared to shallow in LA which is also much better.

If I had played loose games at night in LA at commerce I'm sure I would have been a winner. But I still think vegas would be more profitable because the rake is such a big deal at low stakes.

Another thing that got me was tipping too much because I became friends with the dealers. I learned that tipping more than a buck a hand at 1/2 is insane but it took me a while to figure that out.
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Old 04-19-2013, 10:18 AM   #4805
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re: Winrates, bankrolls, and finances

tipping at all in that structure makes it unbeatable, my advice: find a better path for your life than playing cards
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Old 04-19-2013, 11:16 AM   #4806
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Insta taking $4+$1 at 1/2 is just criminal.
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Old 04-19-2013, 12:33 PM   #4807
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re: Winrates, bankrolls, and finances

Tbh, if you are complaining about not beating the 1/2 games because of the rake, you shouldn't be playing for a living. Games should be so easy for you that you barely care about the rake. It obviously makes a difference, but it wont turn you from a breakeven player to a player making 20$/h.

I would say don't play for a living unless you are very solid at 1/2 or play 2/5.


Quote:
Originally Posted by dreamchaser View Post
For those of you that regularly make the trip to the wsop every year What percentage of your bankrolls do usually bring out to grind with? Or do you just bring the lot?
Also curious as what ppl think about that. I plan on taking about 4-5k of my 40k roll and play a bit higher than usual, but not crazy high. Only there for 10 days tho.
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Old 04-19-2013, 01:19 PM   #4808
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Something to note about 1/2 NLH games in LA: minimum buy in is $40 and max buy in is $40. LOL. There is also a 1/1 game where the min is $20 and max is $20, LOL.
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Old 04-19-2013, 01:20 PM   #4809
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re: Winrates, bankrolls, and finances

if you have a 40k roll what do you consider "higher?" 2/5?

I'd bring 10k and shot take 5/T
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Old 04-19-2013, 01:33 PM   #4810
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Subtle brag IMO.
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Old 04-19-2013, 01:53 PM   #4811
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re: Winrates, bankrolls, and finances

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Originally Posted by flybine_03 View Post
Also curious as what ppl think about that. I plan on taking about 4-5k of my 40k roll and play a bit higher than usual, but not crazy high. Only there for 10 days tho.
Isn't this why man invented bank accounts and wire transfers?
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Old 04-19-2013, 02:42 PM   #4812
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re: Winrates, bankrolls, and finances

I just throw my cash in an envelope, put it in a backpack, and put it through the scanner. If they ask, I'm flying to Vegas so wtf do they expect.
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Old 04-19-2013, 03:05 PM   #4813
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I buy big denomination Vegas chips from out-of-towners that play locally.
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Old 04-19-2013, 03:58 PM   #4814
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re: Winrates, bankrolls, and finances

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I buy big denomination Vegas chips from out-of-towners that play locally.
LOL

I bring a fair amount of cash, but I probably wouldn't carry 5,000 on me. If I need more I use a national banking chain that has an ATM in Caesar's Palace.

You can also join an online bank like Schwab that has no ATM fees.

If the goal is how to get $$$ there outside of the banking system, that's not really my speciality.
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Old 04-19-2013, 07:17 PM   #4815
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Bankrool live cash games

hi rounders.. first of all please i am sorry about my english.. i create this post because i have a question but before to ask the experts i need to make a litlle introduction... i am from argentina.. i play nl holdem cash games at casino 5 10 limit..this is the lower limit then we have 10 20 and 25 50 pesos argentinos..in 5 10 are a lot of bad regulars a lot of fish and a lot of gumblers.. the open raises pre flop are 10x and the people like to call preflop very loose...genereal passive players that put all the stack with toppair and call all the stack to make a flush..if you play tigth agrresive and make the correct table selection you will have a goof profit...its similar than 1 2 2 5 in eeuu ..i read in the foro that 20 nuyins bankrool is good..but i beliebe thay lose 10 buyins because the variance is posible so my question is you think that 20 buyins is correct poiint to start? you dont think you can lose 5 or 10 buyins because the variance and have a 10buyin bankrool so you enter in dangerous zone? playing this level with 10 buyins bankrool after a downswing is a crazy idea? thanks and expect the experts to answer me.
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Old 04-19-2013, 08:25 PM   #4816
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^1st post ITT
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Old 04-19-2013, 09:03 PM   #4817
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re: Winrates, bankrolls, and finances

Read the whole post to find a question to answer, but didnt find a single question in there that I understood.

Sorry ..
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Old 04-19-2013, 11:55 PM   #4818
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20 buyins is good if each buyin is 100bb and you have 6 months of expenses saved too.
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Old 04-20-2013, 12:41 PM   #4819
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re: Winrates, bankrolls, and finances

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Originally Posted by flybine_03 View Post
Read the whole post to find a question to answer, but didnt find a single question in there that I understood.

Sorry ..
the questions is that in the post the people said that if you lost 20 buyins sure dont be cause of variance and that 20 buyins is good point of start to play..my question is that if you start with 20buyins and lost 10 buyins because a downswing(i think is possible that **** happens) and is the lower limit in the room and you have 10 buyins is a good situation?a normal situation?you have to continue playing or the bankrool situation is very dangerous?
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Old 04-20-2013, 12:54 PM   #4820
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re: Winrates, bankrolls, and finances

If you have 20 BI bankroll and lost 10 of them, of course it's a cause for concern.

20 BI is the minimum recommended BR for a winning player, and it doesn't mean that you should spend everything above 20 BI because 20 is all you need.
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Old 04-20-2013, 01:08 PM   #4821
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re: Winrates, bankrolls, and finances

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If you have 20 BI bankroll and lost 10 of them, of course it's a cause for concern.

20 BI is the minimum recommended BR for a winning player, and it doesn't mean that you should spend everything above 20 BI because 20 is all you need.
ty for your answer... in your opinion playing with 20 buyins 8 hrs sesions in a bad sesion how many buyins max you can lose?
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Old 04-20-2013, 01:14 PM   #4822
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re: Winrates, bankrolls, and finances

I would recommend that you play in a game that you're comfortable playing.

If the game is very wild and loose and I have limited BR, after losing 2 or 3 BIs, I would consider getting up and finding a different table.
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Old 04-20-2013, 01:25 PM   #4823
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Huh? If the game is wild and loose there is no reason to get up from the table. The option should be going home but never getting up from said table.
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Old 04-20-2013, 02:06 PM   #4824
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Huh? If the game is wild and loose there is no reason to get up from the table. The option should be going home but never getting up from said table.
Professional poker players often forget the importance of minimizing risk of ruin. If you are playing on a short roll you're first objective should be to build it as conservatively as possible. Sure you are giving up $/hr by avoiding a wild and loose game, but you are increasing your chances of survival drastically.

Unless you have another source of income, I'd recommend grinding out day games for a while until your BR can handle swings-especially with only 20 buy ins and no living expenses saved up.

If you just can't resist the wild game, set yourself a stop loss of 1-2 buy ins and don't allow yourself to have a catastrophic losing session.

If you want to do this professionally, always assessing your risk of ruin is an important task. Eventually you will have 6-12 months living expenses in the bank and a 40-50 buy in bankroll where your risk of ruin will basically be zero while playing the biggest game in the room.
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Old 04-20-2013, 02:48 PM   #4825
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Cbayly nailed it. From my own experience, playing 2/5 became a lot more comfortable after I secured a 30bi roll. Not having to be worried about a bad run leaving me under-rolled and/or forcing me to drop down did wonders for my mindset.
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