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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 5.95%
0-2.5
0 0%
2.5-5
6 7.14%
5-7.5
8 9.52%
7.5-10
15 17.86%
10+
29 34.52%
Not enough sample size/I don't know
21 25.00%

12-06-2013 , 06:15 PM
Also the big thing with me is if I'm selling action I'm doing it at a mark up
Winrates, bankrolls, and finances Quote
12-07-2013 , 01:08 AM
People with "healthy six-figure incomes" don't need to play 1/2 for a side income, certainly don't need a bankroll to play live 1/2 nlhe, and laugh out loud don't need a stake in such a situation. It's beyond ridiculous. Withdraw $200 from the ATM and keep your winnings. Set a stop/loss if you're such a huge degen that you absolutely need to.

Really, just play 2/5, and you don't need a bankroll for that either. I don't believe either story but if they're somehow possibly true it's criminal not to.
Winrates, bankrolls, and finances Quote
12-07-2013 , 01:32 AM
Cool story bro.
Winrates, bankrolls, and finances Quote
12-07-2013 , 02:01 AM
Yeah.

I'm not going to harp on it because others have pointed out how ridiculous it is but if the story is somehow true it's just lighting money on fire. A big downswing is going to be maybe a week's pay and likely spread out over several months as a part time player. Part time players need budgets not bankrolls. Part time players who make a buy in every few hours doing the day job thing deciding to cut their earnings in half for no reason just doesn't make sense. The only way it possibly can is if the person is a degenerate but in that case like I said you just need a stop/loss not a bankroll. The function of a bankroll just doesn't apply in the alleged cases.
Winrates, bankrolls, and finances Quote
12-11-2013 , 11:13 AM
Quote:
Originally Posted by Raidion
/derail

I just hit the bottom of a 10 BI downswing in about 70 hours of live play. While I am rolled for the game and not concerned about the money in the slightest, basically this has made me a breakeven player over the last 250 hours. I and my other poker friends (including a live 5/10 pro) believe I'm a winning player (because of a winning past 700 hour sample and general HH reviews.) Of that winning 700 hour sample, 500 was at 1/2 and 180 was at 2/5, and now because of recent events, I'm exactly a breakeven player at 2/5.

Are 10 BI downswings common for a winning player? Does a downswing hourly of -$71 (when a winning rate is ~$25) mean anything special?

I'm basically trying to figure out if 2/5 is too tough for me for some reason or if I'm just experiencing a side of variance I haven't before. Just getting kinda sick of this losing thing (or breakeven thing) and want it to stop even if it means I have to move down. Again, money isn't an issue, I'm rolled for the game and life roll is entirely separate and secure.

Any tips or sympathy? Feel free to point me to BBV if this isn't specific enough. Jus
I'm late to the party here but have some insight. I play 2/5nl and beat it for +10bb hr I recently went thru an 80hr -8k downswing. Keeping ur confidence is crucial. I play a pretty aggressive style so questioning ur play begins to happen pretty quickly. Note ur hands and review later, if ur rolled properly u can play thru it. Any update on how it's going? Any questions I'll try to help
Winrates, bankrolls, and finances Quote
12-11-2013 , 02:16 PM
Have to agree with avaritia. Having 60% action at 1/2 is ludicrous. Getting a job is the +EV play for an underrolled 1/2 player. A lot of people told me this when I was playing 1/2 (which I ignored obv), and it cost me 800 hours of minimal improvement to grind through that god damn stake. Maybe you could get coached and staked to jump up to 2/5 like coasterbrad if that's the way you want to do it. His rapid improvement was extraordinary.
Winrates, bankrolls, and finances Quote
12-11-2013 , 09:46 PM
Someone approached me about staking (I am beating 2/5 for 15++bb/hr and my 1/2 is even higher). This was my proposal:

1/2: he absorbed 100% of risk. No makeup ever if I call it off. In return he gets 1% of winning. I can call it off at any time.

2/5: same as 1/2, but I will give him 2%

10/25+: Now we can start having a real convo.

FWIW, he was considering the 2/5 offer. But I shot him down. I'd rather have that 2% in my pocket.

If you are what u say you are, then those are the minimal terms you should accept. Otherwise you are either an idiot or a liar.
Winrates, bankrolls, and finances Quote
12-11-2013 , 11:23 PM
Your game is uncapped.

Not 100bb 1/2 where you buy in $200...
Winrates, bankrolls, and finances Quote
12-11-2013 , 11:47 PM
And yes I was of course being tongue-in-cheek but that convo did happen. 1/2 and 2/5 are low risk for my BR/Life roll and me seeking at stake at those levels is beyond moronic.

Something isn't adding up with the story.
Winrates, bankrolls, and finances Quote
12-19-2013 , 07:36 PM
Gonna go back to using my phone to log sessions either this weekend or in 2014.

What's the most simplistic app to use on an iPhone 4s? Consider me less than tech savvy.
Winrates, bankrolls, and finances Quote
12-19-2013 , 09:09 PM
Poker Income is $5-10 depending on how much you download. It seems pretty easy to use for me.
Winrates, bankrolls, and finances Quote
12-19-2013 , 09:21 PM
Quote:
Originally Posted by spikeraw22
Poker Income is $5-10 depending on how much you download. It seems pretty easy to use for me.
+1
Poker income is easy to use and haven't had any problems with it.
Other popular one is poker journal.
Winrates, bankrolls, and finances Quote
12-19-2013 , 11:41 PM
Quote:
Originally Posted by spikeraw22
Poker Income is $5-10 depending on how much you download. It seems pretty easy to use for me.
poker income is free?
Winrates, bankrolls, and finances Quote
12-19-2013 , 11:45 PM
$5 for the basic download. Add ons are a little extra. well worth it IMO.
Winrates, bankrolls, and finances Quote
12-19-2013 , 11:53 PM
there's definitely a free version because i have it.
Winrates, bankrolls, and finances Quote
12-19-2013 , 11:59 PM
not sure on that. Maybe a chopped down version. $5 is nothing for what i got though. Way more than I even use really.
Winrates, bankrolls, and finances Quote
12-19-2013 , 11:59 PM
I have been using a free version of Poker Income as well.

Maybe it has a limit on the amount of sessions it can record? I assume so since some are paying for it.

Having said that, as user friendly as it is, I would probably pay for the expanded version. It keeps track of my sessions well, creates nice simple graphs, and as mentioned is very easy to use.
Winrates, bankrolls, and finances Quote
12-20-2013 , 11:09 AM
I paid $12.99 I think for Poker Journal. Works great. No complaints.
Winrates, bankrolls, and finances Quote
12-23-2013 , 02:55 AM
personally I prefer just recording data, and making sure I keep my excel spreadsheets up to date. Besides giraffes look so much better on a bigger screen
Winrates, bankrolls, and finances Quote
12-23-2013 , 10:46 AM
Excel is the stone cold nuts
Winrates, bankrolls, and finances Quote
12-23-2013 , 01:00 PM
Quote:
Originally Posted by Avaritia
Excel is the stone cold nuts
If you know how to use it. I also use Excel to track my poker results, but if you don't understand how to use Excel properly it might be better to just use a smartphone app.
Winrates, bankrolls, and finances Quote
12-23-2013 , 01:08 PM
Quote:
Originally Posted by fun101
If you know how to use it. I also use Excel to track my poker results, but if you don't understand how to use Excel properly it might be better to just use a smartphone app.
Using excel properly should not be a problem if you have a high school diploma or better.

I like using a session tracker (session logger) as I can easily keep track of rebuys and hours played more precisely.
Winrates, bankrolls, and finances Quote
12-23-2013 , 01:09 PM
Been using excel to track my results for a few years now. My main issue is that when I first started playing multiple games/stakes, I put them each in individual sheets. So having a running total or yearly/monthly breakdowns across all games isn't something I've figured out yet without just straight copy/pasting data.

If the cell formatting in all sheets is the same, is there an easy way to accomplish this? Or am I better off putting all of the data in a single sheet and adding columns for stake and game?

Last edited by PoppaTMan; 12-23-2013 at 01:13 PM. Reason: Should have refreshed thread before posting to avoid being exposed as a high school dropout =(
Winrates, bankrolls, and finances Quote
12-23-2013 , 01:27 PM
I am going to revamp my already pretty boss spreadsheet this Christmas break and if anyone is interested I can post what it looks like.

As someone who analyzes data sets 8-10 hours a day, entering in my own data is just way easier for me.

Everyone acts like its this huge complication to use Excel and not log it into a smart phone app.

You log (like in phone's notepad, or text yourself, or w/e)

Total in: (I log in terms of buy ins and in terms of $)
Total out:
Total time:

Then go home and enter that into a spreadsheet. It's really quite simple.

For a basic layout of columns:

Date|Stake|Buy in #|Buy in $|Total Out|Time|Comments

It's all on one tab with these multiple columns. Then there are summary tabs and graph tabs.

The great thing about using excel is functionality, I can quickly filter my biggest losses and see that 80% of them are 10+ hour sessions (tilt). I can make whatever graph of whatever data I want. I can see how profitable Tuesdays are (yes I realize several phone apps can do this) I can read through my comments after a month's worth of sessions and see how my thoughts relate from session to session.
Winrates, bankrolls, and finances Quote
12-23-2013 , 01:32 PM
I use Google Drive so I have the convenience of logging via phone at the end of a session or the computer once I get home.
Winrates, bankrolls, and finances Quote

      
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