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Old 03-05-2015, 03:13 PM   #9101
NeverLosesAtPoker
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Bluegrassplayer View Post
by breaking up the buy in he just forces himself into more marginal spots
Not if he is nut peddling at passive limpy tables.

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Originally Posted by Bluegrassplayer View Post
and if he does run hot and hit the nuts vs a fish he gets the least value.
Of course he's taking less risk and thus will reap less rewards. His best chance for success will be by not pushing edges and not playing optimal poker.


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his only chance is to buy in full.
That's just a silly statement.


The main problem with buying in full is that he only needs to be coolered once and he is broke.
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Old 03-05-2015, 03:52 PM   #9102
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re: Winrates, bankrolls, and finances

Would you guys consider rakeback ($1/hr) as part of your win rate, or should you keep that separate? Thanks.
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Old 03-05-2015, 04:00 PM   #9103
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re: Winrates, bankrolls, and finances

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Would you guys consider rakeback ($1/hr) as part of your win rate, or should you keep that separate? Thanks.

The answer to your question is:

"Who are your records for?"

... usually your records are for you, so do whatever the **** you want.

(Most people don't count your rewards for live play FWIW)
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Old 03-05-2015, 05:10 PM   #9104
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re: Winrates, bankrolls, and finances

I mean, it's a pretty trivial distinction either way. It's all going back into the bankroll.
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Old 03-05-2015, 10:25 PM   #9105
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re: Winrates, bankrolls, and finances

^ I don't count it towards my winrate. But at the end of the month/year/whatever, I add it to my winnings. But I convert almost all of it to a free slot play and "turn it into cash, not food and watches.
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Old 03-07-2015, 08:48 AM   #9106
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re: Winrates, bankrolls, and finances

How do y'all log a high hand bonus?

It's tempting to just plug it in at the end of my session and give my win rate a nice boost.
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Old 03-07-2015, 09:20 AM   #9107
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re: Winrates, bankrolls, and finances

Like deez(I think?) Said before, it depends on who you are record keeping for. If it is for yourself then do what you'd like
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Old 03-07-2015, 10:34 AM   #9108
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re: Winrates, bankrolls, and finances

Right, just curios what others think about it.

Perfect timing too since I was already planning on taking some 2/5 shots.
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Old 03-07-2015, 10:37 AM   #9109
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re: Winrates, bankrolls, and finances

If you are just keeping track for yourself you could make a case that the High hand was paid from rake you paid, you could also make a case that it was a bonus and was not actually earned from poker skill and skews win rate.

My suggestion is to add 50% of it to your log

Gl 2/5
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Old 03-07-2015, 11:40 AM   #9110
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re: Winrates, bankrolls, and finances

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Originally Posted by de4df1sh View Post
If you are just keeping track for yourself you could make a case that the High hand was paid from rake you paid, you could also make a case that it was a bonus and was not actually earned from poker skill and skews win rate.

My suggestion is to add 50% of it to your log

Gl 2/5
Thanks!

I stuck a small amount in my wallet and the rest in my roll. I like your 50% suggestion, I'll use that when a win a couple more tonight 😉
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Old 03-07-2015, 01:42 PM   #9111
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re: Winrates, bankrolls, and finances

Winrate for me is an indicator of how well I'm playing. Promo money and rakeback is related but different, I add that to session winnings at the end of the year to see what I've made from poker altogether.
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Old 03-07-2015, 02:17 PM   #9112
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re: Winrates, bankrolls, and finances

I just add it back into my roll since it comes from the table anyway, in principle. I make a note in poker journal for that session. It's up to you of course, but if you pay $1 drop per pot for bonuses like where I play, I see no problem with just adding it back.
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Old 03-07-2015, 02:22 PM   #9113
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re: Winrates, bankrolls, and finances

Every time this comes up I say the same thing. The best and easiest way is to record high hand bonuses, rakeback, and jackpots as a separate category at the time you win them. That way when you look back through your records you can choose to include them in whatever analysis you're going to do if you want, or exclude them if you want. The more accurate the data the better.
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Old 03-07-2015, 10:22 PM   #9114
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re: Winrates, bankrolls, and finances

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Every time this comes up I say the same thing. The best and easiest way is to record high hand bonuses, rakeback, and jackpots as a separate category at the time you win them. That way when you look back through your records you can choose to include them in whatever analysis you're going to do if you want, or exclude them if you want. The more accurate the data the better.
I put all these types of winnings in the database under a category I have labeled as "promo". This makes it easy to see how much I make at each stake by filtering but also keeps the promo money as part of my overall $/hr.

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Old 03-09-2015, 07:08 AM   #9115
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Soft $1/$1 10% rake, $10 cap beatable?

My friend is wondering if this game is beatable.

Most ppl is a little more than $100 deep. The game itself is soft with lots of bad players.

My friend beats 10NL online over a good sample and he plays ABC tight. No doubt that he beats these players if rake wasent this high. But with the insane rake do you guys really think this game is beatable enough for it to even be worth it?
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Old 03-09-2015, 08:27 AM   #9116
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Re: Soft $1/$1 10% rake, $10 cap beatable?

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Originally Posted by VIVEK15 View Post
My friend is wondering if this game is beatable.

Most ppl is a little more than $100 deep. The game itself is soft with lots of bad players.

My friend beats 10NL online over a good sample and he plays ABC tight. No doubt that he beats these players if rake wasent this high. But with the insane rake do you guys really think this game is beatable enough for it to even be worth it?
You didn't mention the rake or the stakes.

Just assuming this is like 1/2 type level and the rake is somewhere like 5+1 yeah you can beat this game but probably not for a sack of money.
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Old 03-09-2015, 11:06 AM   #9117
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Re: Soft $1/$1 10% rake, $10 cap beatable?

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You didn't mention the rake or the stakes.

Just assuming this is like 1/2 type level and the rake is somewhere like 5+1 yeah you can beat this game but probably not for a sack of money.
The rake and stakes are in the thread title:

"Soft $1/$1 10% rake, $10 cap beatable?"

It appears this was a merged thread.
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Old 03-09-2015, 12:38 PM   #9118
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Re: Soft $1/$1 10% rake, $10 cap beatable?

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The rake and stakes are in the thread title:

"Soft $1/$1 10% rake, $10 cap beatable?"

It appears this was a merged thread.
Ahh I see that now, on my phone the title was not displayed.

I still think this game is beatable if players are bad and GII often and you are the best player in the casino. Even 1 or 2 other solid players at a table like this( lol wat are they dewin?!) can probably turn winrate into -/0

HOWEVER on a risk adjusted basis this game is not worth playing with the intention of creating income IMO.
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Old 03-09-2015, 01:08 PM   #9119
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re: Winrates, bankrolls, and finances

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$1/$1 10% rake, $10 cap beatable?
No. Probably not.

How often are players getting stacks in? If they're punting off $100 stacks every couple of hands and you can get into spots $300+ deep then you might be OK. But all those small <$100 pots where you're paying max % rake are going to kill you.
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Old 03-09-2015, 03:51 PM   #9120
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Re: Soft $1/$1 10% rake, $10 cap beatable?

Soft $1/$1 table with 10% rake, $10 cap.

My friend is wondering if this game is beatable.

Most ppl is a little more than $100 deep. The game itself is soft with lots of bad players.

My friend beats 10NL online over a good sample and he plays ABC tight. No doubt that he beats these players if rake wasent this high. But with the insane rake do you guys really think this game is beatable enough for it to even be worth it?
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Old 03-09-2015, 04:04 PM   #9121
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re: Winrates, bankrolls, and finances

Not beatable. Would not play. Isn't beating 10NL online the equivalent of winning at 2/5 nowadays?
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Old 03-09-2015, 04:50 PM   #9122
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re: Winrates, bankrolls, and finances

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Not beatable. Would not play. Isn't beating 10NL online the equivalent of winning at 2/5 nowadays?
If my experience is anything to go by, 25/50c 6 max online is tougher than 5/5 live

Utterly different games though.
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Old 03-09-2015, 04:53 PM   #9123
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Re: Soft $1/$1 10% rake, $10 cap beatable?

Quote:
Originally Posted by VIVEK15 View Post
My friend is wondering if this game is beatable.

Most ppl is a little more than $100 deep. The game itself is soft with lots of bad players.

My friend beats 10NL online over a good sample and he plays ABC tight. No doubt that he beats these players if rake wasent this high. But with the insane rake do you guys really think this game is beatable enough for it to even be worth it?
I don't see how. I play 1/2 with a $6 rake, $1 bad beat.
My dog ate my phone a few months ago & I bought a new poker tracking software that also tracks your dealer tips.

Since I downloaded it, I've played 137 hours. With a win rate of $15 pr hr, that's $2055.00

I've paid $190.00 in tips. At this rate, the player tips 9.245% of what they pocketed.

Or, you could look it as 190/[$2055+$190] = 8.46% of your winnings goes to tips. I'm stingy with my tipping. If I see a $100 profit from a hand, I only tip $1.00. I don't tip $2 unless I profit ~$200.00

It's all that $1 tipping when you only win $20.00 that runs it up to 8.46%, along with your variance.
Pretty rough when you win $500, tip say 4% when you figure a $1 tip on a $20 profit is 5%. So it you win $12 & tip $1, that's close to 10%.

Then you lose the $500 [winning a few hands along the way & tipping] and then win the $500 back, tipping along the way again...........

Gotta' get good enough to kill the 1/2 game at a rate of $25 pr hour before you deduct for your tips.

If you don't have a tracking software & are interested in just how much tipping costs you. Start playing with 20 $1 chips in your pocket, tip with those & see where you stand profit/loss wise when you don't have any more tips in your pocket.

If you don't go on a rush of a good/bad run, you should begin to get a sense of what it costs you. Especially if you're one of those who wins $300 & wants to celebrate with the dealer & give them $5.00
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Old 03-09-2015, 05:10 PM   #9124
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Re: Soft $1/$1 10% rake, $10 cap beatable?

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My dog ate my phone a few months ago & I bought a new poker tracking software that also tracks your dealer tips.
At least use a believable excuse.
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Old 03-09-2015, 05:26 PM   #9125
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Re: Soft $1/$1 10% rake, $10 cap beatable?

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At least use a believable excuse.
A tree fell on the trunk of my car and my homework is locked inside
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