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Old 05-01-2013, 10:41 AM   #4901
Havok
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re: Winrates, bankrolls, and finances

Just finished up April up $3,072 at 1/2, but mostly 1/3 for $43.15 an hour over 71.11 hours. Standard deviation of $203.32 hr. I finished up last night with a small win, but would have finished better if I didn't record my biggest losing session this past Sunday where I bled money away playing too many speculative hands along with getting pretty unlucky. Lesson learned.
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Old 05-01-2013, 11:15 AM   #4902
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re: Winrates, bankrolls, and finances

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Originally Posted by ATsai View Post
2/5 NL regs are getting better at poker, and there are more 5/10 NL pros who have downgraded to 5/5 NL and 2/5 NL recently.

If the current trend continues, the MAX win-rate for 2/5 NL will end up being $40/hour (end of 2014) for the vast majority of 2/5 NL "pros."
Where are you playing? Vegas?
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Old 05-01-2013, 11:16 AM   #4903
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Originally Posted by Havok View Post
but would have finished better if I didn't record my biggest losing session this past Sunday where I bled money away playing too many speculative hands along with getting pretty unlucky. Lesson learned.
that's a nice win for 1/2&1/3 and good amount of hours put in.

I don't understand the 2nd part of your sentence. Why would you *not* log losing sessions? Everyone would be a winner if not logging losing session but it's important to do.

I went to play in Europe a few weeks back and tables were super soft and I logged my 3 biggest losing sessions on 3 consecutive days and they are getting absolutely logged.
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Old 05-01-2013, 11:22 AM   #4904
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re: Winrates, bankrolls, and finances

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Originally Posted by Pay4Myschool View Post
If true, this is very depressing. I'm making 50/hour over 258 hours at 2/5 this year. Admittedly sample size is lol, but how sure are you of this? I respect your opinion in these forums, but for it to be max winrate seems entirely pessimistic first hand

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The elite few 2/5 NL pros who would be able to make more than $50+/hour in late 2014 would rather do the following:

1. Play bigger stakes.

2. Retire or semi-retire from poker to something more lucrative.

So, among the remaining 2/5 NL pros who are still committed to the grind, I doubt more than 10% will be able to win more than $40/hour by the end of 2014.
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Old 05-01-2013, 11:27 AM   #4905
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Originally Posted by typeR View Post
we live together for 4 years ...her daughter calls me daddy...
not sure what your plans are but your current model is not sustainable. What do you do if you hit a downswing, get coolered or play bad and you have nothing to hand over?

This is just part of the problem outside the "handing over money" thing.

I have a close friend, his wife railed him at 2/4HU online a few years back, he was making good money on the side, only played when all the other duties were chalked off. His wife was at one time working at casino as well so no stranger to poker. 2y down the line, he found himself in court being portrayed as a degenerate gambler who would neglect his kids and gambling away food money, risking losing custody of kids.

bottom line is: if you live with someone who doesn't understand it, you really only have 3 options: not involve them in what you do, quit poker forever and never look back or gtfo. GL
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Old 05-01-2013, 11:35 AM   #4906
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re: Winrates, bankrolls, and finances

He means if he hadn't lost money it would have been better, not that he doesn't keep track of losses.
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Old 05-01-2013, 12:15 PM   #4907
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Originally Posted by MarkMcKay View Post
that's a nice win for 1/2&1/3 and good amount of hours put in.

I don't understand the 2nd part of your sentence. Why would you *not* log losing sessions? Everyone would be a winner if not logging losing session but it's important to do.

I went to play in Europe a few weeks back and tables were super soft and I logged my 3 biggest losing sessions on 3 consecutive days and they are getting absolutely logged.
Sorry, you Misunderstand. I mean I recorded or had my biggest single session loss this past Sunday which killed my win rate. So the numbers you see we're actually better until that day. But, yes every losing and winning session is recorded.
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Old 05-01-2013, 12:54 PM   #4908
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Havok View Post
where I bled money away playing too many speculative hands
Meh, as long as we're just playing these hands in position / mostly in limped pots (or otherwise in smallish raised pots with good stacks and very multiway), I'd try to play as many speculative hands as I think I could get away with.

Ggettingintoapotforcheapwithspeculativehandsasofte naspossibleG
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Old 05-01-2013, 07:28 PM   #4909
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Originally Posted by gobbledygeek View Post
Meh, as long as we're just playing these hands in position / mostly in limped pots (or otherwise in smallish raised pots with good stacks and very multiway), I'd try to play as many speculative hands as I think I could get away with.

Ggettingintoapotforcheapwithspeculativehandsasofte naspossibleG
Agreed, but I was tired and not concentrating well. I played some crappy hands out of position and to raises. If I was concentrating more I would have done better. Also, even my big hands I missed value. What can I say. Can't always play perfect. But, I do have a solid 73% session win rate over the last 3 months. So I'm looking to keep that trend.
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Old 05-01-2013, 07:52 PM   #4910
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re: Winrates, bankrolls, and finances

Had a pretty up and down month, salvaged it the last couple days. Ran pretty horribly in some huge pots again this month, for sure ran way under all-in EV but don't know how I'd ever calculate that for live games. One or two of those $900+ pots going my way would have a big effect on WR and total winnings for the month. Had 5 or 6 days where I just got obliterated at 1/2 dropping 2-3 buy-ins. April results:

Total profit: $2,625
Total sessions: 27
Average win per session: $97.22
Total profit year-to-date: $20,724
Total sessions YTD: 110
Average win per session YTD: $188.40



April graph:

[img]http://s3.************/vi9hhq20z/April_Graph.jpg[/img]

YTD graph:

[img]http://s12.************/yyzsczirh/ytdgraph.jpg[/img]
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Old 05-01-2013, 07:58 PM   #4911
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re: Winrates, bankrolls, and finances

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Originally Posted by wj94 View Post
Had a pretty up and down month, salvaged it the last couple days. Ran pretty horribly in some huge pots again this month, for sure ran way under all-in EV but don't know how I'd ever calculate that for live games. One or two of those $900+ pots going my way would have a big effect on WR and total winnings for the month. Had 5 or 6 days where I just got obliterated at 1/2 dropping 2-3 buy-ins. April results:

Total profit: $2,625
Total sessions: 27
Average win per session: $97.22
Total profit year-to-date: $20,724
Total sessions YTD: 110
Average win per session YTD: $188.40
How does that translate into $/hr?

Either way, pretty sick year.
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Old 05-01-2013, 08:08 PM   #4912
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Originally Posted by Angrist View Post
How does that translate into $/hr?

Either way, pretty sick year.
My sessions were shorter this month than past few months and all of the ones highlighted in red are 2/5, the rest are 1/2. Average session this month was probably around 5 hours so $20/hr-ish overall, not sure exactly since I don't keep track of hours played. Average hourly for the year would be somewhere around $32-35/hr I would guess. As you can see some of the days I played both 2/5 and 1/2 which were like 2-3 hours in each game. Not too happy with the April results but I won money so I can't complain. Hopefully I'll run good this month and put up a good $6k+ month. My goal for the year as stated earlier in this thread is $5500/mo or $66k for the year, which would probably average to around $35-40/hr or somewhere around that.
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Old 05-01-2013, 08:28 PM   #4913
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Originally Posted by wj94 View Post
My sessions were shorter this month than past few months and all of the ones highlighted in red are 2/5, the rest are 1/2. Average session this month was probably around 5 hours so $20/hr-ish overall, not sure exactly since I don't keep track of hours played. Average hourly for the year would be somewhere around $32-35/hr I would guess. As you can see some of the days I played both 2/5 and 1/2 which were like 2-3 hours in each game. Not too happy with the April results but I won money so I can't complain. Hopefully I'll run good this month and put up a good $6k+ month. My goal for the year as stated earlier in this thread is $5500/mo or $66k for the year, which would probably average to around $35-40/hr or somewhere around that.
Ah, ok. Those sound like high but sustainable rates (not $100/hr heaters).

Wish I could get in that kind of volume, it's tough getting more than 35 hours in a month.
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Old 05-01-2013, 08:43 PM   #4914
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Wrong thread
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Old 05-02-2013, 11:39 AM   #4915
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wj94, your day in / day out putting in the hours grinding schedule is impressive. And you do this on top of a normal job too, right? Ever get burnt out?

Gonceaweeker,althoughwouldsomedayliketogetuptomult iplesessionsperweekG
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Old 05-02-2013, 01:34 PM   #4916
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Originally Posted by gobbledygeek View Post
wj94, your day in / day out putting in the hours grinding schedule is impressive. And you do this on top of a normal job too, right? Ever get burnt out?

Gonceaweeker,althoughwouldsomedayliketogetuptomult iplesessionsperweekG
My normal job is working from home, so it's not really tough work considering I sort of do what I feel like doing and half my day is spent watching tv and surfing the internets. If I had to go to an office for a typical 9-5 or do physical labor all day I wouldn't play poker nearly as much. Poker is fun and winning never gets old, so haven't had the burnout feeling yet. I'm trying to buy a house at some point in the near future so I have some motivation with poker money going towards the down payment fund and retirement savings.
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Old 05-02-2013, 01:50 PM   #4917
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re: Winrates, bankrolls, and finances

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Originally Posted by wj94 View Post
My normal job is working from home, so it's not really tough work considering I sort of do what I feel like doing and half my day is spent watching tv and surfing the internets. If I had to go to an office for a typical 9-5 or do physical labor all day I wouldn't play poker nearly as much. Poker is fun and winning never gets old, so haven't had the burnout feeling yet. I'm trying to buy a house at some point in the near future so I have some motivation with poker money going towards the down payment fund and retirement savings.
Good for you! And I like the way you're focused on your total income instead of getting wrapped up in an hourly rate. An hour rate can be a good gage sometimes, but it really doesn't mean much in regards to "making a living", making enough money to be comparable to a *real* job that pays a salary.
Some player that claim they make a large hourly, but only play a low volume of hours really haven't done much, LOL. They certainly haven't made enough to buy a house, congrats!
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Old 05-02-2013, 08:41 PM   #4918
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Originally Posted by MarkMcKay View Post
not sure what your plans are but your current model is not sustainable. What do you do if you hit a downswing, get coolered or play bad and you have nothing to hand over?

This is just part of the problem outside the "handing over money" thing.

I have a close friend, his wife railed him at 2/4HU online a few years back, he was making good money on the side, only played when all the other duties were chalked off. His wife was at one time working at casino as well so no stranger to poker. 2y down the line, he found himself in court being portrayed as a degenerate gambler who would neglect his kids and gambling away food money, risking losing custody of kids.

bottom line is: if you live with someone who doesn't understand it, you really only have 3 options: not involve them in what you do, quit poker forever and never look back or gtfo. GL
sobering ... i do however think she and i have turned a corner bank roll building is now on the forefront ill update as i progress ...
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Old 05-03-2013, 11:03 AM   #4919
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re: Winrates, bankrolls, and finances

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sobering ... i do however think she and i have turned a corner bank roll building is now on the forefront ill update as i progress ...
Eye on the ball at all times from here out please Sir.
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Old 05-04-2013, 03:22 AM   #4920
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Old 05-05-2013, 10:04 PM   #4921
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re: Winrates, bankrolls, and finances

Last 100 hours (March/April, a bit of May) have been good. Currently on an 11 game winning streak and prop betting GG for avatars.





Average session 7 hours. Average profit per session $206. ($30/hour or 15bb/hr)

One 2/5 shot take which is skewing the sample, without it it would be 12bb/hr.

Notice sessions 4 & 11. Variance my friends.
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Old 05-06-2013, 08:14 AM   #4922
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Originally Posted by Avaritia View Post
Last 100 hours (March/April, a bit of May) have been good. Currently on an 11 game winning streak and prop betting GG for avatars.





Average session 7 hours. Average profit per session $206. ($30/hour or 15bb/hr)

One 2/5 shot take which is skewing the sample, without it it would be 12bb/hr.

Notice sessions 4 & 11. Variance my friends.
Nice. Can I ask what you use to get those pretty looking graphs?
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Old 05-06-2013, 12:16 PM   #4923
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re: Winrates, bankrolls, and finances

My Std Dev over 700 hours is 150bb/hr

After recording 30k hands online, my Std Dev is 90bb/100

Is that normal? What sort of numbers are you guys looking at?
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Old 05-06-2013, 12:23 PM   #4924
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I am at less than half of that per hour.
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Old 05-06-2013, 12:24 PM   #4925
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re: Winrates, bankrolls, and finances

I think you are miscalculating your std/dev live TAO
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