Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Live No-Limit Hold’em Cash Discussion of no-limit hold’em live cash games of all stakes.

Reply
 
Thread Tools Display Modes
Old 03-13-2014, 02:16 PM   #6701
timmay28
veteran
 
timmay28's Avatar
 
Join Date: Mar 2007
Posts: 2,739
re: Winrates, bankrolls, and finances

yeah i tend to agree.... currently keep 5k or so in a locked drawer at an apartment shared by roomies, and initially thought it'd be a feasible solution to possibly getting stolen from/lost in a fire/etc

but in the end it's only 5k, obv this idea doesn't appear to be worth the potential risks
timmay28 is offline   Reply With Quote
Old 03-13-2014, 02:34 PM   #6702
HappyLuckBox
old hand
 
HappyLuckBox's Avatar
 
Join Date: Feb 2013
Posts: 1,489
re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Pay4Myschool View Post
I've never played that high, but I'd think you should up it to 60 bi and drop down if you lose 5-10 bi. Is it standard 100bb or does it play bigger?
It plays like a standard 100bb in that most opens are for 75. But people can and do buyin for however much they want. Typically you see stack sizes ranging from 2.5k- 10k.

Im not even close to being able to play that game regularly yet, although i have taken a few shots.

I was just merely curious

Btw dont think beating 10-25, where the lineup gets tougher, a winrate of. Of 8bb/hr is sustainable. I mean i could be wrong but 8bb/hr implies $200/hr
HappyLuckBox is offline   Reply With Quote
Old 03-13-2014, 02:38 PM   #6703
bip!
Slow Pony
 
bip!'s Avatar
 
Join Date: Oct 2012
Location: not on urban dictionary...
Posts: 13,669
Carry chips, not cash...
bip! is offline   Reply With Quote
Old 03-13-2014, 02:44 PM   #6704
11t
Bo Pelini's #1 Fan
 
11t's Avatar
 
Join Date: Jan 2005
Location: Spewville
Posts: 31,421
Quote:
Originally Posted by Dynasty View Post
It has been three years since I embarked on my career as a professional poker player. On Thursday, May 10, 2001, I arrived in Las Vegas with two suitcases of clothing, a garment bag with four business suits which I've worn only once at most, a gym bag of miscellaneous items, and a cashier's check which was going to provide everything else I was going to need.

I've met many 2+2ers over the last few years and often the topic turns to my decision to play for a living. But, I don't think I've ever told the story on the forum and certainly haven't given out all the details.

The story probably starts a little more than a year earlier. In March of 2000, I was working as an accountant at Investors Bank & Trust in Boston. I had been an employee there for four and half years. It was the only job I held since graduation from college in 1995. But, after being very enthusiastic about my work for the first couple years, I became very disillusioned. Simply put, I couldn't find any joy in the 9-5 workforce.

One day, Human Resources asked all employees to sign some form which stated that after leaving IBT, no employee would try to recruit from IBT. It's a standard practice. However, there was something about being asked to sign the form which made me feel trapped in the job. It was as if signing the form meant I was going to be stuck there forever. So, I refused and my employment at IBT was abruptly over.

For more than a year, I considered different ways of making a living while using my savings to pay the bills. In the fall of 2000, I resigned myself to returning to accounting and had several job interviews the day after the Presidential election (after staying up to 4:00am watching the drama unfold). I had bought four new suits for the interviews and eventual job. I bought new shoes. I bought new shirts. I bought new everything. It probably cost me about $1,500-$2,000. I got a couple job offers and turned them down. I couldn't go back. The money was wasted.

The only source of income I had (and it was miniscule) was running chess tournaments. Chess, like so many games before it, was something which I could immerse myself in. I started playing actively in chess tournaments a few years earlier, about the same time I became disillusioned in my job. Strategy games have always been my favorite hobbies. Whether it was chess, rotisserie baseball, a dice-based wrestling game, I always got more joy out of strategy games than anything else.

On Easter weekend of 2001, more than a year after leaving my job, I went to Foxwoods to play in the 3rd Annual Foxwoods Chess Open. I had been there the previous two years and it had become my favorite chess tournament. It was a four-day tournament with two games per day on the final three days. That allowed some time during the day to play in the casino.

I thought gambling was rather stupid. I enjoyed walking through the casino and watching the games but I had no intentions of playing much. The first year I was there, 1999, I gave myself a budget of $20 and used it to spend some time playing quarter slot machines just for the hell of it. At some point, I hit a good-sized win on a Triple Triple Diamond machine and that become my favorite. I think I broke even on the machines that year. The second year, 2000, I lost the $20. The poker room also intrigued me but I couldn't muster up the courage to actually play.

When I went to Foxwoods in April of 2001 to play in the chess tournament, I decided I was going to give the poker room a try. On my first day, I noticed a practice table but it didn't have a dealer. I made a mental note to go back to that spot in between chess games and see if I could get some lessons. On the second day, a dealer was there and I sat down. There was a player who had busted out of his stud game but decided to stick around and play at the training table for a while. He gave me some basic advice on strategy for 1-3 stud: "Play pairs, three flushes, and three straights. Fold everything else." It made sense and I followed it. That stranger was the first influence on my poker career.

I have a vague memory of playing poker with my parents once when I was about 7 years old. That wasn't for money. In college, two friends and I played draw poker for quarters for a few hours. Other than those two occasions, I had no experience whatsoever. On the afternoon of Saturday, April 14, 2001, I played casino poker for the first time. I bought in for $60 in a 1-3, no ante, 7-card stud game. I booked a small win and was more anxious to play poker again than I was to finish the chess tournament.

While playing 1-3 stud, I remember thinking how big the 1-5 stud game looked. "Wow. That game is played with a $0.50 ante rather than no ante." Those stakes seemed intimidating.

In between chess games on Sunday, I played for two hours and lost my entire $60 buy-in. It was a little disheartening but I came back that night after my final chess game and played an all-night session. In total, I logged 19 hours at the 1-3 stud tables and won something like $80.

I returned home after the weekend chess/poker getaway. I had been looking for a new apartment because I had to leave the one I had while some kind of repairs were being done. Things came together.

There I was- unemployed, looking for a new home, disillusioned with the 9-5 workforce, and knowing the one thing I truly loved doing was playing games. So, I made probably the biggest leap of faith of my life to date. With experience of only 19 hours of 1-3 stud, I packed a few bags and flew to Las Vegas with the intention of making myself a professional poker play.

It's interesting to look back and see how little I knew about poker and the poker world. Here are a couple examples:

1. I had never heard the word "hold 'em". I had noticed that at some of the poker tables at Foxwoods, the players only got two cards. But, that hardly seemed like poker to me. After all, how can you play poker when you are only dealt two cards? It seemed silly. I didn't intend to get involved with that game at all. I thought 7-card stud was a real poker game where you got all your own cards

2. I had no appreciation of how many places you could play poker. I knew there were casinos in Las Vegas, Atlantic City, and Connecticut. But, I had never heard that poker was legal in California. "Poker in casinos in California? How strange." I certainly didn't know anything about online play.

In the 25 days between leaving Foxwoods and arriving in Las Vegas, I arranged for an apartment. I took a taxi from the airport to my new unknown home and signed a lease without even looking at the apartment.

On my first day in Las Vegas, I had dinner at a nearby casino buffet, bought a few groceries at the supermarket, and then walked one mile to the west to get my first look at the famous Las Vegas Strip. It was impressive. My new backyard was an interesting place. I spent my first night sleeping on the floor of my completely empty apartment using a jacket as a blanket.

I managed to get my couch and some other furniture delivered by mid-afternoon the next day. Other furniture came in the next few days and so I decided to start my new career.

I had learned through scouting all the Strip casinos that my preferred 1-3 stud wasn't played in Las Vegas. So, I was immediately going to have to jump into the big 1-5 stud games. On Sunday, May 13, 2001, at 8:45 pm, I officially became a professional poker player. I bought into the Flamingo's 1-5 stud game and booked a $72.50 win in 4.25 hours of play. It was a good start.

Before I arrived in Las Vegas, I had purchased a copy of Seven Card Stud for Advanced Players. It was probably a very good sign that I recognized 7CSFAP wasn't the right strategy book for my games. Within a week of arriving in Vegas, I discovered the Gambler's Book Shop- an incredible store with books on any form of gambling you could want. I started my poker library with Roy West's 7 Card Stud Book and added more than a dozen more over the next half year.

I spent the summer of 2001 exclusively playing 1-5 stud. When I wasn't playing, I was reading my newly bought library. I also came to appreciate that 7-card stud was not the ideal way to make a living. I knew I was going to have to learn that strange two card poker game called hold 'em. So, I started by playing in play money no-limit tournaments on pokerpages.com. I enjoyed it a lot and even managed to finish first in one tournament which had about 200 entrants

As the summer ended, I decided to make my first jump in limits. On Friday, 8/31, I played 4-8 stud at the Bellagio. On the following Saturday and Sunday, I played 5-10 stud at the Mirage. The following Tuesday, I played 4-8 hold 'em for the first time at the Monte Carlo. I won $40.50 in five hours of play. I was on my way up.

In late August, I discovered the twoplustwo.com forums. My first posts weren't much different than everybody else's. In the stud forum, I asked a question along the lines of "What do you do when somebody always raises with an Ace doorcard?" In the small stakes hold 'em forum, I asked, "How do you play when you make a small flush with 76s?" Right from the start, I was a prolific and opinionated poster and that got the attention of a couple Vegas locals who had been terrorizing the Mirage 6-12 hold 'em game for a while.

I got an e-mail from Dave Clark who you all know as Clarkmeister. He and his friend, Derek Andrew, wanted to meet up. I had been planning to make another trip to the Gambler's Book Store so I decided I'd meet these guys before heading there.

On Tuesday, October 23, 2001, Dynasty and Clarkmeister met face-to-face for the first time. Has the world been the same since? Dave and Derek left their 6-12 game and we chatted for a bit in the Mirage Sports Bar. I'm sure Dave was his usual chatty self and I sat there mostly quiet, occasionally making a comment or two.

Dave learned a few things about me that day. I mentioned that I was planning to go to the Gambler's Book Store- to walk there. Dave seemed appalled at the idea of making the four-or-so mile walk; especially knowing I'd be walking back too. But, he and Derek decided to go with me. Of course, we were taking his car. I bought "Inside the Poker Mind" which Dave recommended highly and we returned to the Mirage.

Dave then got a taste of my poker discipline when I simply refused to sit down in a hold 'em game. I had played six days in a row and that day was supposed to be a day off. Also, the Mirage was my stud room. I hadn't played a single hand of hold 'em there. The Monte Carlo and Mandalay Bay had become my hold 'em homes. However, I couldn't be outright rude. So, I said I'd play some 1-5 stud with them for an hour or two so we could play and chat.

Before Dave and Derek even got into the stud game, we all had the same idea. We decided to play a $15 satellite for the evening hold 'em tournament. I had never played in a real tournament and was intrigued by it. Dave was the first player eliminated. He got a free play in his big blind with something like 87o and the flop came 9,6,5 two-tone. He and another opponent went all-in on the flop. Unfortunately for Dave, the other guy had 87s for the same flopped straight and a flush draw to go with it. The flush came and Dave was out early. Maybe that's why he doesn't like tournaments. I finished in 4th place. Derek finished in 2nd.

Dave and I would occasionally see each other over the next few months when I would go to the Mirage to play 5-10 stud. In December, I moved up in stakes again and played in the Mirage 6-12 and Bellagio 8-16 hold 'em games so we bumped into each other a lot more and even played in the same games a few times. But, I'm not sure if we were actually friends. We were certainly friendly. If I saw him in the Mirage, I would always say hello and talk for a bit if we had the time. But, we never did anything else together.

Dave is an extremely extroverted and social person. Any 2+2er who has met him would surely say the same. I'm close to the exact opposite. I'm very introverted and a bit of a loner. I'm particularly quiet and distant when first meeting most people. So, if it were not for our common love of poker, it seems unlikely that anything else would have made us friends.

If there were a moment when our acquaintance became a true friendship, it would be our first poker road trip together to the Commerce. Dave, Derek, and I took the four-hour drive from Las Vegas to California and spent four days in the largest poker room in the country. Long drives and sharing a room sort of forced me to start talking and everything flowed easily after that.

When playing hold 'em at the Commerce I stayed mostly in the 6-12 games while Dave braved the 9-18 on the important-looking raised platform. I annoyed Derek a bit by getting a $229 share of the bad beat jackpot just hours after arriving.

On the third day of our trip, I made the next jump in stakes and played 10-20 stud on a whim and had good results. During the rest of the winter, I spent most of my time playing 10-20 stud at the Mirage and 15-30 stud at the Bellagio. When I played hold 'em, it was mostly 4-8.

In late March of 2002, I returned to Massachusetts for a week to visit my family and other things. I had been a professional poker player for 10 months but most of my time was spent playing small stakes. During this week off, I realized that I was simply going to have to make another leap of faith. If I wanted to make it as a player, I needed to have the confidence in myself and move up in limits. So, I resolved myself to move up see what happened. In April, I started playing the Mirage 10-20 and Bellagio 15-30 hold 'em games.

On April 5th, I had a big day. I even made a post about it. For the first time, I made $1,000 in a single day, thus paying my rent, and then some, with a single day's work. I played the 10-20 stud game in the afternoon and won $456. In the evening, I played the Bellagio 15-30 hold 'em game for the very first time. I booked a $596 win. $1,052 in one day! I was hopeful that it would always be so easy.

By June, I was a regular in the Mirage 20-40 hold 'em game despite actually having bad results in the 10-20 hold 'em game. Of course, having thirteen consecutive winning sessions in the 20-40 game and a winrate of 3.7 big bets/hour for the month of June meant I didn't give a damn what my 10-20 results were. I was crushing the 20-40 game.

For the past two years, I've been content in the 20-40 game. I've pretty much stayed there except when I thought the game was regularly bad for a stretch. I would move up to 30-60 if the Bellagio waiting lists weren't such a mess. I'll probably do it this summer anyway when I'm playing the graveyard shift.

Somewhere in one of Mason's books, he discusses that a lot of players who try to make a living at poker start of quickly but then burn out. He said that it should take three years before you should know whether you can make a living at this profession. My three years are up.
Keeping money in a safe is ****ing ******ed. Go to a bank and get a safety deposit box ffs.

Also even if you have liability I think there's around 0% chance your renters insurance is going to cover cash.

Seriously though, you want to figure out where to keep money think like a thief.
11t is offline   Reply With Quote
Old 03-13-2014, 02:46 PM   #6705
Phatty
old hand
 
Join Date: Aug 2009
Location: USA
Posts: 1,834
re: Winrates, bankrolls, and finances

Quote:
Originally Posted by timmay28 View Post
had a friend that recently offered to weld a small safe into the trunk of my civic coupe - he is positive he can always remove it w/o causing damage

thoughts?

offhand, only potential downside i see is someone noticing i'm handling money from my trunk thus a heightened likelihood they just steal the car...
Honestly? To me, it sounds like a jumping off point to an episode of "It's Always Sunny in Philadelphia" or "Seinfeld".

This week's episode: "The Gang Installs a Safe in Frank's Car (and Dee wrecks it)"
Phatty is offline   Reply With Quote
Old 03-13-2014, 02:47 PM   #6706
11t
Bo Pelini's #1 Fan
 
11t's Avatar
 
Join Date: Jan 2005
Location: Spewville
Posts: 31,421
Don't ask me wtf just happened
11t is offline   Reply With Quote
Old 03-13-2014, 02:51 PM   #6707
Dubey
old hand
 
Join Date: Jun 2006
Posts: 1,844
re: Winrates, bankrolls, and finances

Hah, I just assumed you had quoted a post from the previous page. given your response to it, I thought it was going to be some epic robbed at gunpoint story. Got about 1/3 of the way through before I realized that I'd read this story before..
Dubey is offline   Reply With Quote
Old 03-13-2014, 02:54 PM   #6708
11t
Bo Pelini's #1 Fan
 
11t's Avatar
 
Join Date: Jan 2005
Location: Spewville
Posts: 31,421
Yeah like I tried quoting corlaths post and failed
11t is offline   Reply With Quote
Old 03-13-2014, 05:04 PM   #6709
nutinsider
journeyman
 
Join Date: Dec 2012
Posts: 342
Having money in a safe is not ******ed. Sometimes spots will come up where you may have no access to the bank for 1-3 days. If you have a few buy ins on hand you remain flexible and liquid enough to never miss an opportunity to play at a game should a juicy one arise at a moments notice. Its happened to me.
nutinsider is offline   Reply With Quote
Old 03-13-2014, 05:20 PM   #6710
corlath
veteran
 
corlath's Avatar
 
Join Date: Jul 2010
Location: The Chocobo Farm
Posts: 2,196
re: Winrates, bankrolls, and finances

Quote:
Originally Posted by beta1607 View Post
Do not keep a "good deal" (obvious relative term) of cash at home if:
1. You have roommates
2. You have people over often
3. You have a cleaning crew
I pass all those qualifications (sadly?).

Quote:
Originally Posted by bip! View Post
Carry chips, not cash...
Most places I play (clubs) force you to cash out at the end of the night.

Quote:
Originally Posted by 11t View Post
Don't ask me wtf just happened
Was about to, haha.

Quote:
Originally Posted by nutinsider View Post
Having money in a safe is not ******ed. Sometimes spots will come up where you may have no access to the bank for 1-3 days. If you have a few buy ins on hand you remain flexible and liquid enough to never miss an opportunity to play at a game should a juicy one arise at a moments notice. Its happened to me.
Yeah, though that would still allow for saying "don't keep the majority of your bankroll at home."
corlath is offline   Reply With Quote
Old 03-13-2014, 05:22 PM   #6711
11t
Bo Pelini's #1 Fan
 
11t's Avatar
 
Join Date: Jan 2005
Location: Spewville
Posts: 31,421
Quote:
Originally Posted by nutinsider View Post
Having money in a safe is not ******ed. Sometimes spots will come up where you may have no access to the bank for 1-3 days. If you have a few buy ins on hand you remain flexible and liquid enough to never miss an opportunity to play at a game should a juicy one arise at a moments notice. Its happened to me.
You completely misunderstand what I'm saying
11t is offline   Reply With Quote
Old 03-13-2014, 06:54 PM   #6712
Raeed561
journeyman
 
Join Date: Oct 2013
Posts: 394
swings of poker???

if this is in the wrong place feel free to move it


what are some common negative swings in terms of buyins do you winning players have. also positive swings

i buyin in for 75bb in my 1/2 game and just faced a 5 buyin loss(bad play/bluffing too much/tilt) after winning 5 sessions in a row
Raeed561 is offline   Reply With Quote
Old 03-13-2014, 07:19 PM   #6713
Dirty313
old hand
 
Join Date: Feb 2012
Location: Grosse Pointe Shores, MI
Posts: 1,486
Re: swings of poker???

losing 3 buy ins for 100bbs happens

usually ill keep playing and finish somewhere around even

but i would say 1/50 5 hour sessions ill be down 300 bbs. then i usuallu stay and as i said finish a little down or a little up
Dirty313 is offline   Reply With Quote
Old 03-13-2014, 08:22 PM   #6714
BeakWetter
old hand
 
BeakWetter's Avatar
 
Join Date: Apr 2007
Posts: 1,488
Re: swings of poker???

Buy in for the max.
Really that's a huge mistake not to
BeakWetter is offline   Reply With Quote
Old 03-13-2014, 08:23 PM   #6715
BeakWetter
old hand
 
BeakWetter's Avatar
 
Join Date: Apr 2007
Posts: 1,488
Re: swings of poker???

Oh and 5 months is a small sample size let alone 5 sessions, so don't sweat short term so much.
BeakWetter is offline   Reply With Quote
Old 03-13-2014, 08:39 PM   #6716
MackCorl
grinder
 
MackCorl's Avatar
 
Join Date: Nov 2013
Location: MI
Posts: 456
Quote:
Originally Posted by Raeed561 View Post

i buyin in for 75bb in my 1/2 game and just faced a 5 buyin loss(bad play/bluffing too much/tilt) after winning 5 sessions in a row
Bad play/bluffing incorrectly/tilt /=/ swings.

Bad play will produce bad results.
MackCorl is offline   Reply With Quote
Old 03-13-2014, 10:09 PM   #6717
Speeno
newbie
 
Join Date: Sep 2011
Posts: 21
Re: swings of poker???

right now I'm on a down swing. I've lost the majority of my huge pots ( 4/5) over the last week and when I put the hands in pokerstove after the session, I saw that I got the money in with around 70%+ equity to win the hand each time. Most of them were $350+ pots at 1/2 including a $550+ last night. I know I got the money in good so I'm not mad/tilting, just a blow to my spirits. Nonetheless, before this happened and I started really working on my game, I got it in bad a few times against better player and ended up winning pots so I know it's inescapable and I have to just stick to the plan and not be results oriented. I keep telling myself that I make money if I make the same play 100 times, its' +EV, and I just gotta keep playing.

I donno if this is bad or good (probably bad if I have to mention that), but I've folded in some spots where I have a slight edge (scared money) possibly based on a bias towards recent results.

Nonetheless, like I said, I working just as tirelessly to improve so that the next upswing will be even bigger!
Speeno is offline   Reply With Quote
Old 03-14-2014, 08:00 AM   #6718
dajugganot
centurion
 
Join Date: Oct 2009
Posts: 196
Re: swings of poker???

Quote:
Originally Posted by Speeno View Post
right now I'm on a down swing. I've lost the majority of my huge pots ( 4/5) over the last week and when I put the hands in pokerstove after the session, I saw that I got the money in with around 70%+ equity to win the hand each time. Most of them were $350+ pots at 1/2 including a $550+ last night. I know I got the money in good so I'm not mad/tilting, just a blow to my spirits. Nonetheless, before this happened and I started really working on my game, I got it in bad a few times against better player and ended up winning pots so I know it's inescapable and I have to just stick to the plan and not be results oriented. I keep telling myself that I make money if I make the same play 100 times, its' +EV, and I just gotta keep playing.

I donno if this is bad or good (probably bad if I have to mention that), but I've folded in some spots where I have a slight edge (scared money) possibly based on a bias towards recent results.

Nonetheless, like I said, I working just as tirelessly to improve so that the next upswing will be even bigger!
This is something I still struggle with and it really is tough to deal with when our monsters don't hold or we get coolered, but truth is its going to happen till the day we stop playing poker. I'm going through a downswing myself but the thing I keep telling myself is who cares about the times you got it in ahead and lost let's focus on spots where I could have made a slightly better decision here or there and made this spot just a little bit more profitable. That's what's most important and what makes a truely winning player. Instead of saying I hope to run good next session say in your mind I will take advantage of every weakness in my opponents and make the most of every pot regardless of hands etc.
dajugganot is offline   Reply With Quote
Old 03-14-2014, 09:01 AM   #6719
nutinsider
journeyman
 
Join Date: Dec 2012
Posts: 342
Quote:
Originally Posted by Raeed561 View Post
if this is in the wrong place feel free to move it


what are some common negative swings in terms of buyins do you winning players have. also positive swings

i buyin in for 75bb in my 1/2 game and just faced a 5 buyin loss(bad play/bluffing too much/tilt) after winning 5 sessions in a row
I have had a.five hundred hour break even stretch. (Last fall) My biggest down swing was like 16k. Which is around 20-30 buy ins. My buy in has since increased from the 500-1000 range to 2000. Games have gotten bigger. Mostly plo. I expect my.next downswing to easily eclipse 20k.
I don't tilt or.spew so my downswings aren't as rough as some of my.opponents.

Were you tiliting at all? It sounds like you were so losing 5 buy ins under those parameters is standard.


If you want more info about upswings pm me. I don't wanna post graphs on forums. My observed sample is around 2k hours.
nutinsider is offline   Reply With Quote
Old 03-14-2014, 11:09 AM   #6720
gobbledygeek
Poet Laureate of LLSNL
 
Join Date: Jul 2006
Posts: 33,367
re: Winrates, bankrolls, and finances

I've just crossed the 1600 hour mark of live 1/3 NL and have yet to record a 5 BI = 500bb = $1500 downswing at the end of a recorded session (I once found myself over this threshold within the middle of a particular session, but I turned that particular session around).

I recall an older poster, canoodles, stating that he had never encountered a 3 BI downswing (I believe stating that earlier in this thread), but I haven't seen him around in ages (so obviously busto, ldo).

Ggod'solderandbetterlookingbrother,pullingashardas IcanonthepushdoomswitchG
gobbledygeek is offline   Reply With Quote
Old 03-14-2014, 11:37 AM   #6721
Phatty
old hand
 
Join Date: Aug 2009
Location: USA
Posts: 1,834
re: Winrates, bankrolls, and finances

My "winrate" changes so much from year to year, but ATM it's about $25 per hour online. I'd like this to be my most profitable year and I'm aiming for $13k profits ($3,759.92 so far this year as of last night) simply playing part time as I have a full 40 hour a week day job and a wife and life that limits the number of hours I can play.

As an American in this post Black Friday landscape, I'm actually pretty proud of that hourly number at the moment, although not cocky as something bad in the poker world never seems far away. Below are four current lifetime graphs: my live casino results, my live home game results, my online results, and ALL results combined. The graphs were made using a custom program I made and use. The x axis is simply sessions or days I played poker and the y axis is profit/loss.

If you look at the online graph a little before session 1255, you'll notice the graph flatlines a bit. That's right after Black Friday when I had to move from PokerStars to Merge and basically start over from $100NL to $4NL.

Live Casino Results


Live Home Game Results


Online Results


ALL Results Combined

Last edited by Phatty; 03-14-2014 at 11:58 AM. Reason: Clarification ...
Phatty is offline   Reply With Quote
Old 03-14-2014, 02:09 PM   #6722
beta1607
old hand
 
Join Date: Sep 2004
Posts: 1,587
re: Winrates, bankrolls, and finances

I think people in this thread are greatly over-estimating their run bad and grossly underestimating their tilt/bad play. When people are card dead/running bad they start opening up their range a lot and call more questionable pre-flop bets or perhaps chasing a flush/straight without the correct odds. These seemingly small 4BB -10BB mistakes add up quickly over the course of a few sessions. I've never seen anybody at LLSNL that continues to play their A-game after being card dead for a couple of sessions.

Obviously when you lose 3/4 of your stack when you get your set in against a flush draw that hits it is a bit of run bad but don't ignore that last 1/4 of your stack you lose because you make a few bad preflop calls.
beta1607 is offline   Reply With Quote
Old 03-14-2014, 05:34 PM   #6723
scourrge
centurion
 
scourrge's Avatar
 
Join Date: Mar 2013
Posts: 175
re: Winrates, bankrolls, and finances

Quote:
Originally Posted by beta1607 View Post
I think people in this thread are greatly over-estimating their run bad and grossly underestimating their tilt/bad play. When people are card dead/running bad they start opening up their range a lot and call more questionable pre-flop bets or perhaps chasing a flush/straight without the correct odds. These seemingly small 4BB -10BB mistakes add up quickly over the course of a few sessions. I've never seen anybody at LLSNL that continues to play their A-game after being card dead for a couple of sessions.

Obviously when you lose 3/4 of your stack when you get your set in against a flush draw that hits it is a bit of run bad but don't ignore that last 1/4 of your stack you lose because you make a few bad preflop calls.
This x 1,000,000 (and I should remind myself of this often)
scourrge is offline   Reply With Quote
Old 03-14-2014, 06:25 PM   #6724
Avaritia
Confirmed 2500 hour haver
 
Avaritia's Avatar
 
Join Date: Feb 2013
Location: Florida
Posts: 12,215
re: Winrates, bankrolls, and finances

Phatty, what game/stakes do you play online and what are your thoughts on Bovada?
Avaritia is offline   Reply With Quote
Old 03-16-2014, 04:04 PM   #6725
Phatty
old hand
 
Join Date: Aug 2009
Location: USA
Posts: 1,834
re: Winrates, bankrolls, and finances

I play on NL Carbon full ring $50NL and $100NL.

I've been pretty outspoken against Bovada. For cash games online and live, I strongly believe that getting reads on players, having dynamics with players, taking notes on players, and NOT having anonymity is not only a crucial element of poker, but a mandatory one. I'm against Rush poker for the same reason.

Defenders of Bovada will say they can make money, but I make a helluva a lot of money at my day job, too. You can make $ in a lot of ways in a lot of different places. I play poker to play poker and Bovada isn't poker. The skills I practice, hone, and develop on first Stars, then Full Tilt, and now Carbon are applicable to all other online AND live home games and casino NLHE games and vice versa.

At the moment, I just don't want to invest any time in Bovada. If things got bad enough, maybe I would, but I'm pretty happy with Carbon and live poker.
Phatty is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 11:55 PM.


Powered by vBulletin®
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Copyright © 2008-2020, Two Plus Two Interactive