In unrelated news, it's about to be another bloodbath on Wall Street today and I couldn't be more excited

So, I used to think that my swingy sessions were a result of the game I was playing IN, and not MY playing style. I tried out a different location and here are the last 5 sessions. the heck is wrong with me? All 1/3:

Hours Profit
5.50 $865.00
5.52 ($1,100.00)
5.68 $1,220.00
3.93 ($1,000.00)
5.00 $0.00
7.72 $1,280.00

something as little as your appearance or demeanor can make people spew towards you tbh, but if you "bluff" in good spots people will react and most react badly, wherever you play

Hahah not sure anything is wrong with you. Your probably not on the TAG/nitty end of the spectrum. My guess would be you play your draws aggressively.

I'm thinking he doesn't wait for draws to go full aggro.

Congrats on your winning ways.

FWIW, both of my biggest downswings at 1/3 NL I lost a lot more than $1500 in a lot shorter period than 90 hours. It just takes losing a few really big pots to get slaughtered pretty quickly.

GcluelessslaughterednoobG

Ha, you and me, we play different styles! I have to go back 26 sessions to find any win/loss as big+ as $865, and my sessions are way longer than yours. Lolz.

Glol,yourwaylookstowinalotmoremoney,atleastbasedon thoseresultsG

What is the maximum amount of cash I can put into my bank account every month that won't get looked at by the IRS that I don't have to report as income? My accountant once said something about there was a $14,000 (this number could be wrong) gift exception of money you can get from family members per year tax-free.

Therefore does this mean the maximum amount I can deposit is $14k of my poker earnings each year without having to report it?

Background on me if it matters: I own a small business is my only official source of income. I currently keep all my poker earnings in cash in a safe and spend it via cash without ever letting it touch my bank. What is the most I can put in my bank safely each month/year?

The first person I would ask is your accountant.

The 14k is an estate tax issue that has nothing to do with the deposit regs.

I don't follow this very closely but my understanding is 10k within any 30 day period warrants a reporting by the bank. It has nothing to do with a calendar month. It's a rolling 30 day period. But I could be wrong on that.

And you have to report all income whether you deposit it or not. The deposit obv creates a cash trail though

Look up "structuring".

(and no that is not a solution, but it answers your question)

what cronchop sed

it appears u are asking how to avoid giving our great nation your fair share of taxes which is an ill advised act. I would start by asking a moderator to delete your post

I don't believe in theft (income taxation). I am not the immoral one, the state is. We could argue that in a different thread. Thanks for the advice everyone else.

lol welp...good luck with that

Like they give a **** about morality

And it's 10k cash at any given time causes a cash transaction report to be filed, whether or not your bank would do anything about 10k in a month is more of less a question of whether or not they think you are trying to dodge the IRS.

But a most basic audit will **** you regardless.

Here's the truth: any income that leaves a paper trail needs to be reported if you don't want to risk a serious fist ****ing.

Sub

they cant tax what is in a safety deposit box. you get basically the same interest rate and less hassle.

Yeah, actually for the past couple months I've been wearing sunglasses while playing (its actually pretty bright in the room) which I think is getting me more action on average. I'm also a young looking dude which helps.

95% of the time yes.

95% of the time also this.

550 hours of 1/2 and 1/3 and I'm at over $56/hour. I just looked at all of my sessions in 2015 and about 1 out of 3 (30%) of them are plus or minus $900 or more, average session length 5.24 hours.

I'm guessing it's a car wash?

My best advice is to play more.

i'm gonna go with Laundromat (less time needed to be there)

Got a glimpse of something that you won't see posted as a brag in the usual BR post....

Profile of an 8bb/hr loser.

I saw something rather fascinating this weekend. Fascinating because rarely can you confirm via data such things and are left to only speculation in live poker.

A loosing 1/3 player was showing his results to another player at the table. I actually took a pic of his screen (Johnny buzz can confirm as I texted it to him). It was a sea of red.

Over 1k hrs at 1/3 this player is more than -23k or -$23.50/hr. He loses 2/3 of his sessions (he claims that's improved from winning 20%) and has a std dev $186/hr.

Some bullet points:

-He usually buys in short often $100-$200 in a $500 cap game.
-on the rare occasion he builds a stack he goes south when he table changes. Or quits.
-His pf hand range is better than the avg LLSNL player but he does call raises for too much of his stack then fold missed flops.
-he blows People out of pots when he flops an overpair regardless of stack size. He protects his hand at all costs including over committing when deeper when he's out flopped.
-he bombs way ahead / way behind spots when he thinks he's ahead (senses weakness) and chk/ folds when he thinks he's behind (scared of board or senses strength). So he constantly misses value by folding the best med strength hands or over betting and folding all worse hands while paying off better with premiums or flopped big hands with a small equity edge that turned bad.
-he set mines with hopelessly bad implied odds.
-he mostly seems terrified of turns and rivers.
-he mostly never bluffs.
-he is attempting to avoid variance.

^ confirmed sighting at 3am as I was wallowing in my own 2/5 misery thinking things couldn't get much worse. it provided a modicum of relief

surprising that the guy was honest enough to track these losing results over 1K hands. I feel like most losing players would either quit or delude themselves into thinking they aren't losing as much as they are.