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Old 10-25-2015, 02:36 AM   #11576
eldiesel
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re: Winrates, bankrolls, and finances

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I don't have one.
?
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Old 10-25-2015, 03:28 PM   #11577
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re: Winrates, bankrolls, and finances

I buy random amounts at cage using big+small bills (usually 2+ max buyins) and forget about profit/losses until end of session. Losing pots generally doesn't bother me. I quit when I start making bad decisions, get tired, table conditions change. Been stuck 1K plus multiple times and ended up booking 1K+ wins. $500-2K is only two double ups after all. Admittedly, -$2K at $1/2 in a couple of hours stings a bit.

Maybe helps that I'm overrolled and have a job.

Last edited by kookiemonster; 10-25-2015 at 03:35 PM.
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Old 10-26-2015, 01:11 AM   #11578
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I mean there needs to be a number. All you bring to the casino, all the ATM will give you, everything you can withdraw from your bank in 1 visit and go back to the casino and play. It can be huge but it can't be DNE.
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Old 10-26-2015, 04:01 AM   #11579
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re: Winrates, bankrolls, and finances

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I mean there needs to be a number. All you bring to the casino, all the ATM will give you, everything you can withdraw from your bank in 1 visit and go back to the casino and play. It can be huge but it can't be DNE.
If your stop loss is equal to your net worth, I would think "DNE" is a valid response to that question and would be equivalent to saying "my stop loss is my net worth". I suppose a nonexistent/unlimited stop loss could be higher than your net worth if your plan is to borrow money when you're broke.

I don't have a specific dollar amount or number of buyins that I would define as a stop loss, but there is some point where I think I've suffered enough for one day/session and leave the poker room. It changes based on how I feel, how good the table is, how tired I am, how bored I am...stuff that usually dictates whether I should stay in a game or go home anyway, regardless of whether I'm winning or losing.

I don't think a person with good self control really needs a stop loss, I personally will almost always call it a day if I lose 2-3 buyins, but I wouldn't limit myself to that if the game is much better than usual and I know I can still play well.

I don't mean to criticize people who use a stop loss and feel it is the right thing for them. I also understand some people will think I'm wrong, and that's ok with me.
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Old 10-26-2015, 08:09 AM   #11580
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re: Winrates, bankrolls, and finances

lol u guys are being dramatic.
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Old 10-26-2015, 11:19 AM   #11581
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I just keep playing until my Sugar Momma cuts me off.
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Old 10-26-2015, 07:24 PM   #11582
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Rake: 10% 10€ Cap or 5% 20€ cap?

In my area (netherlands) can i choose beetween 2 games both are 2/4 min 200 max 1000. One with 10% rake cap 10 and the other with 5% rake cap 20. Player pool is the same. Which One Would you choose?

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Old 10-26-2015, 07:53 PM   #11583
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Re: Rake: 10% 10€ Cap or 5% 20€ cap?

10% to $10 and it isn't even close.

Sub $200 is the only time that the 5% rake will work out more in your favor, which is only a 50bb pot. That means if it is heads up that each person only put in 25bb.
If we are opening to 5bb (pretty standard at fairly low levels) and get 1 caller, we cBet for ~7bb most of the time, get 1 caller and then bet either the turn or the river for another 13bb into 25bb and we get 1 caller we have already reached the point where we are more beneficial to have the 10% rake as opposed to the 5% rake capped higher.

Let alone if this was a multi way pot.
If we have 2 limpers, we raise to 7bb, get 2 callers now there is ~22bb in the pot. If we bet 15bb and get 1 caller, already we've capped our rake and are better off.

If for some reason both games play super nitty and the pots are always really small and stacks pretty much never go in (maybe like a day time game where we open for 3bb, cBet for 3 and almost always take it down right there or something stupid like that) then the lower % would be better, but in general in lower stakes games you are going to want the lower overall cap.
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Old 10-27-2015, 04:19 AM   #11584
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re: Winrates, bankrolls, and finances

Any opinions on whether a 1/3/5 game with some of the worst players imaginable and decent stacks is beatable by a significant margin at a 10% $10 max rake?
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Old 10-27-2015, 05:04 AM   #11585
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re: Winrates, bankrolls, and finances

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Any opinions on whether a 1/3/5 game with some of the worst players imaginable and decent stacks is beatable by a significant margin at a 10% $10 max rake?
Yes, definitely.

This isn't perfect, but just take the winrate of wtv you think is attainable in a 5$ max rake game of similar skill level and deduct 10$ from that.
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Old 10-27-2015, 05:29 PM   #11586
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re: Winrates, bankrolls, and finances

Which game do you think would offer the lowest RoR for the same bankroll:

A 2/5 $500 cap with 2x utg straddle

Or a 1/3 $300 cap with 2x-5x Mississippi straddle that is on probably 25%-50% of the time?
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Old 10-27-2015, 05:46 PM   #11587
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re: Winrates, bankrolls, and finances

One problem with the question is the field is considerably softer in the 1-3 game, imo. (talking about the actual fields, not a hypothetical). Also, I don't think the straddle is out that often. And, the 2-5 is 600 max.

To answer the question, RoR way higher in the 2-5.

Last edited by suited fours; 10-27-2015 at 05:47 PM. Reason: A word
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Old 10-27-2015, 06:04 PM   #11588
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re: Winrates, bankrolls, and finances

You guys play in the same game?
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Old 10-27-2015, 06:11 PM   #11589
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re: Winrates, bankrolls, and finances

To clarify you are asking about Risk of Ruin, rather than Rate of Return or Return on Revenue which are the very common meanings of RoR.
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Old 10-27-2015, 06:24 PM   #11590
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re: Winrates, bankrolls, and finances

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Originally Posted by NeverLosesAtPoker View Post
To clarify you are asking about Risk of Ruin, rather than Rate of Return or Return on Revenue which are the very common meanings of RoR.
Particularly on a poker forum.
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Old 10-27-2015, 06:25 PM   #11591
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re: Winrates, bankrolls, and finances

I was assuming risk of ruin for my answer, yes, he is asking about bal shoe 1-3 and mdl 2-5 I assume
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Old 10-27-2015, 06:30 PM   #11592
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re: Winrates, bankrolls, and finances

Risk of ruin.

Apologies for any confusion
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Old 10-27-2015, 06:37 PM   #11593
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re: Winrates, bankrolls, and finances

10% rake adds up very quickly. You need to figure out how the games play, it's really impossible for anyone here to let you know the correct answer. If pots are regularly being taken down by a cbet on the flop then 10% rake is going to kill your wr even if it's 1/2 the cap as the 5% game.

If you are playing a nittier style because everyone is a fish and you just wait for a big hand and then pound the pot then the 10% will benefit you because you aren't winning as many pots and you are capping it every time.

Depends so much on how the game plays. As a general rule the more HU pots the better 5% will be. The more multiway pots the better 10% will be.
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Old 10-27-2015, 07:07 PM   #11594
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re: Winrates, bankrolls, and finances

Rake Is the same BGP
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Old 10-27-2015, 08:12 PM   #11595
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I was replying to twentythrees
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Old 10-27-2015, 08:25 PM   #11596
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Ah I see that now!
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Old 10-27-2015, 11:03 PM   #11597
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by zoltan View Post
Particularly on a poker forum.
I thought he was talking about return, and was wondering why he wanted to know which is worse. I had never seen RoR mean Risk of Ruin and if you go to acronym finder you will find 50+ meanings for ROR and not one of them is Risk of Ruin. Not everyone is as quick as you.
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Old 10-27-2015, 11:33 PM   #11598
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re: Winrates, bankrolls, and finances

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Originally Posted by NeverLosesAtPoker View Post
I thought he was talking about return, and was wondering why he wanted to know which is worse. I had never seen RoR mean Risk of Ruin and if you go to acronym finder you will find 50+ meanings for ROR and not one of them is Risk of Ruin. Not everyone is as quick as you.
Are you my dad? cuz I feel like I can never do right by you
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Old 10-28-2015, 06:19 AM   #11599
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by NeverLosesAtPoker View Post
I thought he was talking about return, and was wondering why he wanted to know which is worse. I had never seen RoR mean Risk of Ruin and if you go to acronym finder you will find 50+ meanings for ROR and not one of them is Risk of Ruin. Not everyone is as quick as you.
You're kidding right? If this post is true, you're literally the only person on 2p2 who thinks RoR is something other than risk of Ruin. Not gonna look, but I'm about 102% certain that RoR calcs have been discussed itt in the past.
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Old 10-28-2015, 06:41 AM   #11600
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Nope not kidding. I have never heard/seen the term RoR mean Risk of Ruin. I'm sure it has been used before. I don't believe I have read all 11,599 posts in this thread. Some of us haven't even been on this site for a year.
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