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Old 04-11-2014, 05:42 PM   #6951
Brown Keeper
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Originally Posted by IbelieveinChipKelly View Post
why wouldn't i collect?
Because you will be playing poker for your income source.
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Old 04-11-2014, 07:51 PM   #6952
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re: Winrates, bankrolls, and finances

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Originally Posted by Brown Keeper View Post
Because you will be playing poker for your income source.
and i am entitled to $500ish per week from UE for six months. that's like a freeroll.
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Old 04-11-2014, 08:01 PM   #6953
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re: Winrates, bankrolls, and finances

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Originally Posted by IbelieveinChipKelly View Post
and i am entitled to $500ish per week from UE for six months. that's like a freeroll.
No you're not.

If you have a job you don't get it. Is poker your new job or not?
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Old 04-11-2014, 08:06 PM   #6954
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Originally Posted by IbelieveinChipKelly View Post
and i am entitled to $500ish per week from UE for six months. that's like a freeroll.
Ianacpa, just a lawyer, so maybe ask slim, but I imagine that is defrauding the government.
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Old 04-11-2014, 11:12 PM   #6955
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re: Winrates, bankrolls, and finances

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Originally Posted by IbelieveinChipKelly View Post
why wouldn't i collect?
if you are claiming your poker winnings to them and you are still entitled, well then I guess it could be ok. I personally would never take government 'entitlements' if I was earning money at poker, especially not to support my bankroll..
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Old 04-12-2014, 08:38 PM   #6956
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Last 96 hours of 1/2 since March 18th, kinda swongy
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Old 04-13-2014, 07:46 PM   #6957
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Hi guys. If you dont know yet, I play part time llsnl in 1/2 and occasionally 2/5. Havent got to play a session yet in April, but this is my stat for march.

Sessions: 9 (all 1/2)
Total hours: 44
Total profit: $2450
$/hr: 55.7
Bb/hour: 27.8

Im pretty happy with my results this month. After a breaking even february I put in more work and the results definitely showed. For this month, I played well for the most part and was not in for more than 250bb/$500 at any time (yay low variance game & nitty field). All 9 were winning sessions. It's a tiny sample size here i know but 1) i feel like i made a drastic jump in my game in the past few months, 2) upswing averaging out the previous breakeven month, and 3) after averaging it out, it's not too far from my hourly pre-feb

I dont think i ran hot maybe with the exception of one session (and only up 700) but it certainly helped that i didnt run too terrible overall, was more conscious of table selection and seat changes, and took a load of breaks when i needed them.

Looking forward to prove my results with a proper sample size

Last edited by Snowball2; 04-13-2014 at 08:04 PM.
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Old 04-13-2014, 08:06 PM   #6958
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Snowball2 View Post

Sessions: 9 (all 1/2)
Total profit: $2450
$/hr: 55.7
Bb/hour: 27.8

Quote:
Originally Posted by Snowball2 View Post
I dont think i ran hot

Just trying to help keep things in perspective for you. I don't doubt your talent but that's definitely running good at 1/2. I know that I can personally get a little cocky when I'm running good and it never pans out well.


Here's to hoping you keep on crushing sir
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Old 04-13-2014, 08:20 PM   #6959
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Just trying to help keep things in perspective for you. I don't doubt your talent but that's definitely running good at 1/2. I know that I can personally get a little cocky when I'm running good and it never pans out well.


Here's to hoping you keep on crushing sir
Appreciate the thoughts. I definitely dont think Im the king of the world as I know I still have tons to learn.

Anyways, lets see what this month brings.

Last edited by Snowball2; 04-13-2014 at 08:30 PM.
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Old 04-14-2014, 04:37 AM   #6960
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Is a 5/5 Game with 5% rake cap 20 in the Long run profitable? Stack sizes at the tables are always 100-300BB
What a winrate can a Good Player archive in such a game ?
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Old 04-14-2014, 08:28 AM   #6961
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Is a 5/5 Game with 5% rake cap 20 in the Long run profitable? Stack sizes at the tables are always 100-300BB
What a winrate can a Good Player archive in such a game ?
50ish an hour sounds reasonable.
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Old 04-14-2014, 08:48 AM   #6962
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With a $20 rake? **** no you can't win at 50 an hour
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Old 04-14-2014, 10:40 AM   #6963
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With a $20 rake? **** no you can't win at 50 an hour


1000-1500 avg stacks. Sure you can. Done it at home games.
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Old 04-14-2014, 11:15 AM   #6964
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If the play is god awful then maybe but I would have to see it to believe it
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Old 04-14-2014, 11:56 AM   #6965
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Average strack is 700/800! Euro rake sucks!
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Old 04-14-2014, 12:28 PM   #6966
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re: Winrates, bankrolls, and finances

Want to get some feedback from those that play 1/2 or 2/5 25-30+ hours/week, regardless if it's your primary source of income. I'm getting out of the military in June and I'm getting a relatively large severance. A small part of it will go to my BR which is ~$6k. My plan is to use my Post 9/11 GI Bill to pay for school and housing (I'll get ~$1100/month for housing) and the rest will come from playing ~30 hrs/week. My question is do you think it's feasible to sustain $20/hr playing that much, mainly at 1/2? Should I be moving up? I play at Horseshoe Cleveland where the 2/5 games are scarce (usually only a max of 4 games going at peak hours, with a lot of regs from what I see). Below are my results from a small sample of all 1/2 with 2 sessions of 2/5 mixed in. The problem is this is averaging ~5 hours a week over a long period. So I don't have experience putting in extended hours week after week. Any advice is greatly appreciated.



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Old 04-14-2014, 01:04 PM   #6967
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Originally Posted by vaz1981 View Post
Want to get some feedback from those that play 1/2 or 2/5 25-30+ hours/week, regardless if it's your primary source of income. I'm getting out of the military in June and I'm getting a relatively large severance. A small part of it will go to my BR which is ~$6k. My plan is to use my Post 9/11 GI Bill to pay for school and housing (I'll get ~$1100/month for housing) and the rest will come from playing ~30 hrs/week. My question is do you think it's feasible to sustain $20/hr playing that much, mainly at 1/2? Should I be moving up? I play at Horseshoe Cleveland where the 2/5 games are scarce (usually only a max of 4 games going at peak hours, with a lot of regs from what I see). Below are my results from a small sample of all 1/2 with 2 sessions of 2/5 mixed in. The problem is this is averaging ~5 hours a week over a long period. So I don't have experience putting in extended hours week after week. Any advice is greatly appreciated.



Suggest playing when the games are best. Likely Fri/sat but perhaps other nights for various reasons. Consider playing 2/5 when more games go and 1/2 the rest of the time.

If you are solid you should be able to avg 20/hr with mix of just a little 2/5. I have never sustained $20/hr at 1/2 over significant sample. Over the years since becoming profitable any snapshots of my results range between 8 and 18 $/hr. $14/hr over multiple years.

Obv I have run good for a couple months or w/e.
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Old 04-14-2014, 01:31 PM   #6968
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Suggest you get a job. Playing for money you need can be stressful. It will make you play differently. Get a job, and play as much as you can. If things go well then quit your job.

Playing with added pressure is hard. 1/2 grind sucks!!!!! It will wear on you. If you havent spent 120hrs in a card room in a month, I wouldn't count on you liking it.

Play couple hundred hrs and then re-eval the situation. I would suggest keeping a job until your comfortable (profitable at 2/5)

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Old 04-14-2014, 01:33 PM   #6969
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Average strack is 700/800! Euro rake sucks!
Obvious answer is play bigger
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Old 04-14-2014, 02:15 PM   #6970
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re: Winrates, bankrolls, and finances

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Originally Posted by vaz1981 View Post
Want to get some feedback from those that play 1/2 or 2/5 25-30+ hours/week, regardless if it's your primary source of income. I'm getting out of the military in June and I'm getting a relatively large severance. A small part of it will go to my BR which is ~$6k. My plan is to use my Post 9/11 GI Bill to pay for school and housing (I'll get ~$1100/month for housing) and the rest will come from playing ~30 hrs/week. My question is do you think it's feasible to sustain $20/hr playing that much, mainly at 1/2? Should I be moving up? I play at Horseshoe Cleveland where the 2/5 games are scarce (usually only a max of 4 games going at peak hours, with a lot of regs from what I see). Below are my results from a small sample of all 1/2 with 2 sessions of 2/5 mixed in. The problem is this is averaging ~5 hours a week over a long period. So I don't have experience putting in extended hours week after week. Any advice is greatly appreciated.
I also play at the Cleveland Horseshoe, usually like 50-70 hours/month - we've probably played together at least once. I recently played the 2/5 game for the first time, on a Saturday night, and the game was okay, not great. There was only a main game and a must-move, and they had trouble keeping the must-move filled after maybe 2am. Sample size small, obv, but it's clearly not a thriving game atm.

But they did just bump the max buyin from 2k down to 1k, so that may bring some more life back to it. I'd recommend playing 1/2, occasionally scoping out and potentially playing 2/5 on weekends. But also looking for a job would be ideal - part-time at the very least. It's just so hard to consistently grind out 30+ hours a week at 1/2, even making like $18+/hr. You'll need days off, you might need a week off, etc. And the downers will be pretty bad. Rake blows, blah blah blah.

I doubt $20+/hr is sustainable unless you are an absolute machine: play TAG + adjustments (to avoid getting trapped by over-raked spots), and basically never tilt.

Edit: And btw, your sample is pretty darn small unfortunately... Idk if you've ever played online, but if you want to compare significance in terms of how many hands you've probably played, 300 hours is somewhere around 6k-9k hands.

Last edited by scourrge; 04-14-2014 at 02:21 PM.
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Old 04-14-2014, 02:27 PM   #6971
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re: Winrates, bankrolls, and finances

Yeah the rake is the worst I've seen in the US. Especially when you can't get a table where anyone has >100bb. I'm still considering getting a job, but I really want flexibility since I'll be going to school full time. I don't know how many jobs in Cleveland will offer me $15+/hr and let me pick my schedule. But it's what I may have to do. And if you're at the tables come find me. I always wear black Beats Studio headphones. Shouldn't be hard to spot. There aren't too many people wearing Beats.
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Old 04-14-2014, 07:50 PM   #6972
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re: Winrates, bankrolls, and finances

I have very little live experience but I am going to barcelona and I will be splitting profits with 2 other good live grinders for 1 week. We plan to play 150 hours split into 3 for these 7 days.

From what I heard games are joke soft, and so what do you think is a possible hourly there? Or in general soft 2/4 games? Keep in mind I have very little live experience, but I do very well online at zoom (which I guess skill wise is much tougher, and so far I am at 5.5evbb over 500k hands at nl50).

Any advice would be greatly appreciated cheers !
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Old 04-14-2014, 11:41 PM   #6973
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re: Winrates, bankrolls, and finances

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Originally Posted by day'n'night View Post
I have very little live experience but I am going to barcelona and I will be splitting profits with 2 other good live grinders for 1 week. We plan to play 150 hours split into 3 for these 7 days.

From what I heard games are joke soft, and so what do you think is a possible hourly there? Or in general soft 2/4 games? Keep in mind I have very little live experience, but I do very well online at zoom (which I guess skill wise is much tougher, and so far I am at 5.5evbb over 500k hands at nl50).

Any advice would be greatly appreciated cheers !
NL correct? think most would estimate around $40/hr +/- depending on table, personal skill and rake. figure 10xbb/hr is going to be sustainable for most (many) profitable players. you may need to adjust your game to get the chips though. most low limit live games tend to be limpfest and they <3 to go to showdown. i've seen plenty of hands with 5way action going to the flop for 15+bb's in my usual game. (usually all short stacks)

Quote:
Originally Posted by hoodskier View Post
The rake for live cash games in Europe is often 5% or 10% uncapped so keep that in mind.
just read this. if that is the case then your hourly is going to be much much lower. really hard to estimate if it is uncapped but i'm going to make an educated guess around $15/hr and that might even be optimistic for a 10% uncapped rake.

personally i wouldn't play in an uncapped rake game, ever!

Last edited by Jake Stanton; 04-15-2014 at 12:07 AM.
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Old 04-15-2014, 12:00 AM   #6974
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re: Winrates, bankrolls, and finances

this is where we brag about our winrates right ? well i dont keep track of my hours , but here are my stats:

ive played every day this month except one
i have won every day ive played except one
my only losing day was not even -.25 BI
avg ~ .80 BI/day
10k month at 2/5 ....?


annnnnnnd end jinx.
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Old 04-15-2014, 12:04 AM   #6975
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Snowball2 View Post
Hi guys. If you dont know yet, I play part time llsnl in 1/2 and occasionally 2/5. Havent got to play a session yet in April, but this is my stat for march.

Sessions: 9 (all 1/2)
Total hours: 44
Total profit: $2450
$/hr: 55.7
Bb/hour: 27.8

Im pretty happy with my results this month. After a breaking even february I put in more work and the results definitely showed. For this month, I played well for the most part and was not in for more than 250bb/$500 at any time (yay low variance game & nitty field). All 9 were winning sessions. It's a tiny sample size here i know but 1) i feel like i made a drastic jump in my game in the past few months, 2) upswing averaging out the previous breakeven month, and 3) after averaging it out, it's not too far from my hourly pre-feb

I dont think i ran hot maybe with the exception of one session (and only up 700) but it certainly helped that i didnt run too terrible overall, was more conscious of table selection and seat changes, and took a load of breaks when i needed them.

Looking forward to prove my results with a proper sample size
you are crushing.. and your strat posts always seem good to me, keep it up homegurl
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