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Old 08-17-2011, 03:51 PM   #851
pvigar
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re: Winrates, bankrolls, and finances

Do you play for living? What % you cash out every month for personal uses? Cool results.
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Old 08-17-2011, 04:08 PM   #852
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re: Winrates, bankrolls, and finances

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Do you play for living? What % you cash out every month for personal uses? Cool results.
Yes, my montly expenses are high, around 1k per week.
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Old 08-17-2011, 04:21 PM   #853
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re: Winrates, bankrolls, and finances

Just getting back into poker after playing RUSH on FT exclusively. I'm broke as *** with a lot of gay bills. I make decent money being a newby accountant and am looking to start hittin the live cash scene asap.
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Old 08-17-2011, 04:21 PM   #854
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But are you being capable of incrementing your BR?
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Old 08-17-2011, 04:22 PM   #855
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re: Winrates, bankrolls, and finances

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Yes, my montly expenses are high, around 1k per week.
$/hr for 2/5 since BF?
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Old 08-17-2011, 04:28 PM   #856
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re: Winrates, bankrolls, and finances

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But are you being capable of incrementing your BR?
Most definitely. Was breakeven at 50NL and 100NL online with no study ethic or poker stoving. Times are a changin and its time to get some $crilla.
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Old 08-17-2011, 04:33 PM   #857
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$/hr for 2/5 since BF?
Impossible to tell, my April results are screwed up and I don't even know what live sessions are cash and which are MTT's. I just labeled them as live/online. Also I do not log the amount of hrs I play, for the most part I just start playing around the same time and quit around 8 hrs later unless the game is good(I'll play longer). I do have a stop-loss of 3 BI which I only ignored once because it was prob the best game I've ever seen in my life.
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Old 08-17-2011, 04:36 PM   #858
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But are you being capable of incrementing your BR?
I am pretty sure increment can only be used as a noun. Do you mean segmenting? If so, that's super important. Completely segregate your poker bankroll from your life roll when you are first starting to become serious about turning poker into a serious income stream.

Right now, I love having a respectable day job with good upside and grinding poker 20hrs a week for a solid hourly. Would hate to go pro in poker unless I could make $200k+/yr like my roomate.
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Old 08-17-2011, 04:38 PM   #859
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Impossible to tell, my April results are screwed up and I don't even know what live sessions are cash and which are MTT's. I just labeled them as live/online. Also I do not log the amount of hrs I play, for the most part I just start playing around the same time and quit around 8 hrs later unless the game is good(I'll play longer). I do have a stop-loss of 3 BI which I only ignored once because it was prob the best game I've ever seen in my life.
You play for a living and you don't keep meticulous notes? Get a program like poker income pro or poker journal or just use excel. Does your CPA accept records in the form you've shown us?
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Old 08-17-2011, 04:46 PM   #860
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You play for a living and you don't keep meticulous notes? Get a program like poker income pro or poker journal or just use excel. Does your CPA accept records in the form you've shown us?
He was asking about hourly rate. I'm not keeping track of hrs on the felt and stake because I don't see the value in knowing an hourly winrate. The extra effort just isn't worth it for me just to be able to say "I make $x/per hr."
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Old 08-17-2011, 05:12 PM   #861
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Hi guys,

i kept track of my results for the past 2 months and one thing that stands out is that when I win, i typically win 1 buy in or less (100 to 200bb, i play 200bb deep) but when I loose i typically loose 2 buy ins.

I was thinking of setting my "stop losses" at 200bb, maybe buying for 200+50 for top ups, and leaving if I ever have around 50bb. this will take a lot of will as most people feel like gambling the last few bb, but I find it a huge leak.

Another promise I made to myself is to leave the moment I am thinking "oh one more round, or oh i will leave in 30 mins"

Lastly, I will no longer play longer sessions trying to break even as I noticed this happens very rarely.

I could not find a trhead on stop losses, if anyone has an idea pls let me know.

Any other advice?
I've talked to people about stop-loss and it seems most people have one but don't use it. IMO it should be player/game dependent. If u are more on the LAG side I'm thinking 5 BI sounds about right, more conservative players def less. If the game is really high variance(lots of action, no cheap flops) ur normal stop-loss should be adjusted. If u are rolled for the game u are playing, don't tilt easily or play well/the same even when losing, it may be unnecessary. If ur a winning player every hour on the felt is +EV. Picking up when ur losing is ok, but the better play is to make adjustments and play every hand optimally whether ur up/down/even.
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Old 08-17-2011, 05:20 PM   #862
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He was asking about hourly rate. I'm not keeping track of hrs on the felt and stake because I don't see the value in knowing an hourly winrate. The extra effort just isn't worth it for me just to be able to say "I make $x/per hr."
I was talking more about the risk of getting audited. It happens to people with unusual sources of income depositing large but irregular amounts of cash to the bank. The more detail you have the better. I noticed all your session results are round numbers ending in "0" for example. Sorry for being a nit, you clearly crush the games so congrats on that. The live grind is so damn brutal.
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Old 08-17-2011, 05:34 PM   #863
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I was talking more about the risk of getting audited. It happens to people with unusual sources of income depositing large but irregular amounts of cash to the bank. The more detail you have the better. I noticed all your session results are round numbers ending in "0" for example. Sorry for being a nit, you clearly crush the games so congrats on that. The live grind is so damn brutal.
I use a rounding system so that every session that ends with 5 is rounded to the next highest 0. It's going to inflate my results slighty(because its never rounded down) but it makes it easier to tally.
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Old 08-17-2011, 06:06 PM   #864
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re: Winrates, bankrolls, and finances

BR Question:
Say you have a $2100 roll, and the closest casino is 3.5hrs away.

Games: Edge level based on 1to10 with 10 being high.

The weekly homegames offered with a 15min drive are all 2/5 $300min on Sat, Mon, and Wed, but sometimes these games change format to 2/5/10 $500min. Edge:7 due to regs

35-40 mins away offers a juicy 1/2 game on Thurs and a juicy 2/5 $300min on Mon. Edge unknown, but probably 8 from hearsay.

2 hrs away offer good 2/5 $200min games on Sun, Tues, Wed, and Fri. Edge: 10(have a lot of reads on players)

Now, I have classes on Tues, Thurs, and Fri. So the best schedule would be to play on Mon, Tues, Wed, Thurs.

My girlfriend lives 3 hours away, so we try to spend as much time as we can with each other on the weekends, but some weekends I will be able to play.

What would be the best option with the $2100 roll? Playing 1/2 once a week until I get to like 5K, then take small shots here and there or what?
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Old 08-17-2011, 06:24 PM   #865
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Gazaway TM View Post
BR Question:
Say you have a $2100 roll, and the closest casino is 3.5hrs away.

Games: Edge level based on 1to10 with 10 being high.

The weekly homegames offered with a 15min drive are all 2/5 $300min on Sat, Mon, and Wed, but sometimes these games change format to 2/5/10 $500min. Edge:7 due to regs

35-40 mins away offers a juicy 1/2 game on Thurs and a juicy 2/5 $300min on Mon. Edge unknown, but probably 8 from hearsay.

2 hrs away offer good 2/5 $200min games on Sun, Tues, Wed, and Fri. Edge: 10(have a lot of reads on players)

Now, I have classes on Tues, Thurs, and Fri. So the best schedule would be to play on Mon, Tues, Wed, Thurs.

My girlfriend lives 3 hours away, so we try to spend as much time as we can with each other on the weekends, but some weekends I will be able to play.

What would be the best option with the $2100 roll? Playing 1/2 once a week until I get to like 5K, then take small shots here and there or what?
You should write test questions for the SATs.
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Old 08-17-2011, 06:43 PM   #866
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re: Winrates, bankrolls, and finances

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You should write test questions for the SATs.
Lol thanks for the indirect advice. I am an educator so I write assessment questions often
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Old 08-17-2011, 06:46 PM   #867
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re: Winrates, bankrolls, and finances

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Lol thanks for the indirect advice. I am an educator so I write assessment questions often
If ur roll is irreplacable u shouldn't even be playing 1/2nl.
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Old 08-17-2011, 07:08 PM   #868
Gazaway TM
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re: Winrates, bankrolls, and finances

So do you stop playing poker all together?

I used to be fully rolled for 1/2 w/ shots at 2/5 when I was playing 30 hrs a week. But then I decided to get a degree and spent that on school, and all the 1/2 games went bust.

I'm thinking 40bb 2/5 on tues and we'd and 100bb 1/2 on third would be the best option. Would give me 10 buyins
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Old 08-17-2011, 08:37 PM   #869
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re: Winrates, bankrolls, and finances

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So do you stop playing poker all together?

I used to be fully rolled for 1/2 w/ shots at 2/5 when I was playing 30 hrs a week. But then I decided to get a degree and spent that on school, and all the 1/2 games went bust.

I'm thinking 40bb 2/5 on tues and we'd and 100bb 1/2 on third would be the best option. Would give me 10 buyins
I'd go 60bb 2/5 if you really feel it's a 10 on your rank scale. 7 buyins. Odds are good you won't have a -7 BI stretch right off the bat.
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Old 08-17-2011, 08:58 PM   #870
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re: Winrates, bankrolls, and finances

I have gone long stretch on small BR in games that I have overwhelming edge.

It's possible, but you might have to sacrifice some EV to reduce variance.
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Old 08-17-2011, 11:15 PM   #871
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Well, this is my first post in this thread. I don't actually know my goal in posting here, but I want to and I guess this is the right place.

I started played 1/2 live in Curitiba/Brazil with no BR 3 months ago. I used to play online and had some great results, but invested most on my money in my car and other personal stuff and then found myself almost "broke". I was studying and working, and lived with my parents, so a R$300 shot wasn't gonna mess up my life a lot in case I lost, so I went for it.

I eventually stopped going to the university as I was getting so thrilled and involved in working and playing. Obviously this was followed by my parents's great frustration and disapproval, sadly.

I've never had such improvement in my game or in the way I approach it as I had in the past 3 months. Live poker has so many refiner aspects than online, despite the game being easier. Live tells, fantastic beats, playing under rolled, live tilt, dealing with loads of frustration and other things... It was really (and still is) the best coach I could've "payed" for.

From now on, i'll be trying to put an average 7h/day 6days/week. I guess it will be hard, because I always have a break at 4-5h for dinner.



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So, this is it, basically in almost 60 sessions.
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Old 08-17-2011, 11:51 PM   #872
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re: Winrates, bankrolls, and finances

Hello, I'm a recreational poker player who is beginning to play more serious. I started the year with a $100 bankroll and built my roll up to 1k playing a weekly .25 50 cent homegame.

Since then i have began to go to the local casino(2hours away) a couple of times a month to play 1/2 as well as continued to play in the local home game. I have built my roll up to $2300. I'm wanting to start playing alot more 1/2. What bankroll would you recommend I do that at. Being a recreational player" although i have studied the game hours" I want to know if i shouldn't be taking these 1/2 shots or if it is ok i continue to do so. Any feedback would be greatly appreciated.
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Old 08-17-2011, 11:54 PM   #873
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$2300 is fine for a rec player.
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Old 08-17-2011, 11:54 PM   #874
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re: Winrates, bankrolls, and finances

2300 should be just enough to take shots. Goodluck

If your roll dips below 1500 I would buyin very short and be a hit and run ratholler till you restore your roll... And if you drop down to 1k save your monies and get a job to restore.
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Old 08-18-2011, 12:00 AM   #875
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Thanks for the feedback. I'm wanting to eventually use poker as a "part time job" Never quitting my day job but makinga extra 5k to 10k a year. At what point can i feel my roll is adequate for playing more often and not having to worry as much about going broke due to variance in live 1/2 poker?

Thanks Agian
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