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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 6.41%
0-2.5
0 0%
2.5-5
6 7.69%
5-7.5
8 10.26%
7.5-10
15 19.23%
10+
26 33.33%
Not enough sample size/I don't know
18 23.08%

02-05-2015 , 02:27 AM
Quote:
Originally Posted by eldiesel
This particular poster seems too into a "system" to do well, you can't know how you're going to attack a session before it happens.

But making a living at 1/2 isn't difficult. I don't know what the careers are of the regulars in LLSNL but I'd imagine $25/hour in LV is within our capabilities. That's $50K a year if you fit in 40 hours/week. That's more money than plenty of jobs, especially plenty of first year jobs. The boredom is the difficult part, not the winrate. I think more than 1 out of 1,ooo cam pull off the winrate.
You can't pull off the winrate if you're getting bored.

I don't doubt that a lot of people make an hourly that would equate to a nice job but maintaining that hourly over 2k hours/year is not the same. Partly because you're not always playing at the best times, partly because you aren't playing your best and partly because the swings wear you down a lot more when your livelihood is at stake.
Winrates, bankrolls, and finances Quote
02-05-2015 , 03:33 AM
If you want to play 1/2 for a living why would you choose to do so in Las Vegas of all places?!
Winrates, bankrolls, and finances Quote
02-05-2015 , 04:22 AM
Quote:
Originally Posted by bm303
Alright, guys. I recently hit $1k on Bovada and I need a break from online poker. I am going to cash out and take this roll live and actually not spend any winnings, like I have been for the last year.

I am curious, if you had $1k to play live, really did not want to risk going bust(which I seriously doubt is even possible with how soft the live 1/2 games are here), how would you do it? Are you playing extra tight and passing up on some marginal spots? What about preflop, are you looking to see more flops with hands like TT, JJ, QQ, AKs, and less interested in getting it in pre for stacks?
I would probably try to continue to build it up on Bovada till you have a decent live bankroll. Live is soft but that doesn't change the fact that you will only have 5BIs to work with. Its pretty easy to loss that amount running bad in really good games.

Sent from my DROID RAZR HD using 2+2 Forums
Winrates, bankrolls, and finances Quote
02-05-2015 , 03:05 PM
Quote:
Originally Posted by NeverLosesAtPoker
If you want to play 1/2 for a living why would you choose to do so in Las Vegas of all places?!
Because you go to the poker room and they hand you cash, and Vegas is awesome.
Winrates, bankrolls, and finances Quote
02-05-2015 , 04:07 PM
Quote:
Originally Posted by wj94
Because you go to the poker room and they hand you cash, and Vegas is awesome.
I know you've had great success in off-strip games in Vegas but in general Vegas low stakes games are tougher than they are in most major locations across the country.

Sure, if Vegas is your ideal place to live then I understand that.
Winrates, bankrolls, and finances Quote
02-05-2015 , 06:51 PM
^ The LA games might be better but not enough to offset the cost of living. I don't know about the Florida cost of living but LA and FL are the only places I'd put ahead of LV for best games.
Winrates, bankrolls, and finances Quote
02-05-2015 , 07:06 PM
Quote:
Originally Posted by eldiesel
^ The LA games might be better but not enough to offset the cost of living. I don't know about the Florida cost of living but LA and FL are the only places I'd put ahead of LV for best games.
FL's pretty cheap. No income tax. Lots of sun and no ****ing snow, ever.

But there are old people everywhere and driving anywhere seems to involve the risk of imminent death from some senior citizen plowing through a red light.

At least that's what it's like every time I visit family there.
Winrates, bankrolls, and finances Quote
02-05-2015 , 07:06 PM
LA is better. Northern California is better. Florida is better. Louisiana is better. Oklahoma is better. I bet Hammonds is better. Arizona? I'll concede that the northeast is supposed to have bad games.
Winrates, bankrolls, and finances Quote
02-05-2015 , 07:21 PM
>Oklahoma is better.

But do you really want to live in Oklahoma?
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02-05-2015 , 07:29 PM
No, but you can live in Dallas. OKC might be a good place to live, I don't know (all my OU buddies rave about how great Norman is and that's an OKC suburb). A lot of people would never want to live in Vegas. I was simply naming the places that I believe have better games. Some are more livable than others
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02-05-2015 , 08:22 PM
Oh look the winrates thread has mindmelded with the "where should I move to grind" thread? YAY!
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02-05-2015 , 08:25 PM
Thinking of moving to Utah. Any good games?
Winrates, bankrolls, and finances Quote
02-05-2015 , 08:32 PM
Mesquite NV imo.

Last edited by zoltan; 02-05-2015 at 08:32 PM. Reason: right next to UT
Winrates, bankrolls, and finances Quote
02-08-2015 , 01:11 AM
Quote:
Originally Posted by CallMeVernon
Yes, I have thought about this. I'm just going to consider any hand I'm not at the table as a hand where I fold blind (and I will also just not record any orbits I skip). Also, short-handed play *may* skew results, and I'm aware of that, but short-handed play tends to mean skipping the worst positions, where I'd normally be folding anyway, so I don't think the skew effect will be that much (but probably will be there a little bit).

EDITed to add: this effect would tend to skew hours or sessions too. So I don't think the effect is unique to tracking by orbit.
I was thinking about this project. Orbits are messy because hands/orbit won't be uniform. And time is arbitrary, why 1 hour, why not 100 minutes, etc.

The best thing you can probably do is record you'r +/- every 100 hands.
Winrates, bankrolls, and finances Quote
02-08-2015 , 01:44 AM
None of it matters because it's all just one long session.
Winrates, bankrolls, and finances Quote
02-08-2015 , 08:43 AM
Quote:
Originally Posted by D0UGHBOY
Thinking of moving to Utah. Any good games?

there is a sunday game after church at the Tabernacle in SLC
Winrates, bankrolls, and finances Quote
02-08-2015 , 09:51 AM
Quote:
Originally Posted by squid face
there is a sunday game after church at the Tabernacle in SLC

Best 5-card draw in the country imo
Winrates, bankrolls, and finances Quote
02-08-2015 , 03:16 PM
Quote:
Originally Posted by NeverLosesAtPoker
None of it matters because it's all just one long session.
I understand but CMV seems hellbent on coming up with an addendum to the CLT as it relates to poker.
Winrates, bankrolls, and finances Quote
02-08-2015 , 09:36 PM
I've grinded up 100 $1/2 buyins in about a year. The more I play I realize how far I've come, but I also realize how much I need to learn and continue to practice to become a good player. I don't consider myself a good player, but everyone is so terrible at this game, I don't have to be good to be a winner at $1/2.

I'm going to definitely now be playing $2/5 with a rule that I can never buy in to $2/5 if it puts me below 100 $1/2 buy-ins. I feel like the difficulty of $2/5 will be a tad above $1/2, so if I'm a winner at $1/2 I'll be a winner at $2/5.

The only thing is, that I know I'll be making mistakes, and I'll know I'll be using $2/5 as a learning medium, I feel kind of dirty spewing $500-$1500 because of ******ed decisions vs $200-600. But I guess it's not about the money but the BBs lost and won. In both cases it's the same BB lost because I ****ed up.

Should I just shoot for 200 $1/2 BI? Is a year and about 1000 hours of live play enough to know you're a winner or am I still risking ruin? I know I've gotten lucky a **** ton of times, but I've also gotten unlucky about the same.

With out a DB I can't see if I'm running under or above EV.

Anyway, DAE feel like a noob at poker even though beat your limit?
Winrates, bankrolls, and finances Quote
02-09-2015 , 12:37 AM
Quote:
Originally Posted by oldschool_vegas
I've grinded up 100 $1/2 buyins in about a year. The more I play I realize how far I've come, but I also realize how much I need to learn and continue to practice to become a good player. I don't consider myself a good player, but everyone is so terrible at this game, I don't have to be good to be a winner at $1/2.

I'm going to definitely now be playing $2/5 with a rule that I can never buy in to $2/5 if it puts me below 100 $1/2 buy-ins. I feel like the difficulty of $2/5 will be a tad above $1/2, so if I'm a winner at $1/2 I'll be a winner at $2/5.

The only thing is, that I know I'll be making mistakes, and I'll know I'll be using $2/5 as a learning medium, I feel kind of dirty spewing $500-$1500 because of ******ed decisions vs $200-600. But I guess it's not about the money but the BBs lost and won. In both cases it's the same BB lost because I ****ed up.

Should I just shoot for 200 $1/2 BI? Is a year and about 1000 hours of live play enough to know you're a winner or am I still risking ruin? I know I've gotten lucky a **** ton of times, but I've also gotten unlucky about the same.

With out a DB I can't see if I'm running under or above EV.

Anyway, DAE feel like a noob at poker even though beat your limit?
I dunno, I think I'm pretty good. Been crushing so far this year.

Obv you are also pretty good, solid results. 100 bi in 1000hours is 20 bucks an hour. Nobody can pull off a winrate like that on variance alone. And of course if you focus your mental energy on "I know I'll make mistakes and spew off 1500 at 2/5", then that is exactly what is going to happen.

Sounds like you need to build a winner self-esteem/self-image at 2/5. There is only a couple of ways to achieve this : play more 2/5 on your A game, so your brain becomes used to being a winner at this stake. Or tell your brain you already are a winner at 2/5, everyday, multiple times a day and that you make profitable, consistent +EV plays because it is " just like you" to make those plays. Writing this down is also key.

May your villains not be lucky
Winrates, bankrolls, and finances Quote
02-09-2015 , 04:40 AM
Quote:
Originally Posted by NeverLosesAtPoker
No, but you can live in Dallas. OKC might be a good place to live, I don't know (all my OU buddies rave about how great Norman is and that's an OKC suburb). A lot of people would never want to live in Vegas. I was simply naming the places that I believe have better games. Some are more livable than others

Just FYI, I live in Tulsa and the market here is not great at all except maybe on weekends.

Played in Norman several times. Weeknight 2/5 is two reg infested tables. Again, weekends are better, but my hunch would be that Vegas is still better games than OKC overall.

WinStar (Thackerville/Dallas) is where the real action is at when people refer to Oklahoma poker market.
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02-09-2015 , 09:08 PM
Can someone please help me with a couple questions. I haven't played live in a long time and was pondering the thought of moving to Florida or Las Vegas to play 2/5.
1) Would 10k living expenses and 25k poker bankroll be enough for a stable roll. I have mostly played MTTs/SNGs online but, always found live poker in Vegas and other places extremely soft. I imagine there would be a learning curve so want to be very sufficiently rolled.
2)Online has gotten a lot more difficult over the years has live poker gotten more difficult over the past 3-4 years?
3)What kind of yearly profit could a solid 2/5 players working 40-50 hours make a year?
4) What are the main downfalls to playing live professionally?

Any help would be greatly appreciated
Winrates, bankrolls, and finances Quote
02-09-2015 , 09:47 PM
No one can really say if that is enough. If you are a solid player then yes 25k is enough if you are playing 500 max. If you are playing 1k or uncapped... It might be a little iffy.
On the other hand, I don't understand these questions, you should be the best judgement of your skill level and how much you should need. Also I do not recommend making a life changing move to play poker if you never have actually played poker for a living before. It is much harder than most people think.
Winrates, bankrolls, and finances Quote
02-09-2015 , 10:08 PM
For the purposes of grinding live 2/5 NL, a 10k life roll and a 25k poker roll is definitely more than enough for you to be well-rolled...ASSUMING that you are a winning player at live 2/5 NL.

Don't worry about people who say that you need a larger bankroll for 2/5 NL 1k cap games versus 2/5 NL 500 cap games. The only time that you need a larger bankroll for the deeper 2/5 NL games (1k cap or deeper) is when those deeper games play with frequent straddles.
Winrates, bankrolls, and finances Quote
02-09-2015 , 10:08 PM
I have been playing professionally for around 7 years but 99% of that has been online. My only live experience has been some wsop events and 30-35 times playing 2/5-5/10 cash games which were the incredible soft. Main reason why I am thinking about trying to switch to live poker is online has become a lot harder over the past few years with the player pool shrinking, lower rois and living outside the United States. The future looks bleak for online so it is either go back to school or try live poker for a profession.
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