[OFFICIAL] Winrates, bankrolls, and finances - Page 476 - Live Low-stakes No Limit Poker Forum

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[OFFICIAL] 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%

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11-28-2015 , 01:59 PM

#11876

Andeeee

journeyman

Join Date: Jun 2010 Posts: 219

I'm interested in playing 1/2 live full ring full-time, if not "near" full-time (30+ hours/wk).

The games at my local casino are fairly tight-passive during the week, and can explode on the weekends. The rake structure is 10% with a max of $6 + $1 for BBJ.

Curious if this is still beatable and what type of roll is likely needed to maintain. Hero plays TAG. Haven't booked too many hours to establish an honest win rate, but currently running at ~$19.87 over 600+ hours. Hero currently has a full-time job, but considering other options.

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11-28-2015 , 03:26 PM

#11877

suited fours

Pooh-Bah

Join Date: Nov 2012 Posts: 4,143

Quote:

Originally Posted by Andeeee

Congrats, you've already established that it WAS beatable for you. Your win rate almost certainly was more than just positive variance. However, tons of factors potentially come into play as you increase your hours and as you play for primary income as opposed to supplemental income.

The usual advice is don't do it, OR ease into it OR don't burn bridges because you'll likely hate it or fail in some way.

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11-28-2015 , 03:32 PM

#11878

NeverLosesAtPoker

banned

Join Date: Nov 2014 Posts: 4,448

Keep your day job and play poker on the side with the goal of moving up to 2/5 if available. Grind hard for a few more months while working and if you do well and really enjoy it then consider dropping the job.

The game you are playing is beatable but the thought of grinding 1/2 for a living is horrific.

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11-28-2015 , 03:33 PM

#11879

DK Barrel

Concept of the Week author

Join Date: Aug 2011 Posts: 6,797

Keep working because it will suck when you're eventually trying to find a real job and have a huge gap in your resume.

If I wasn't a white male I'd be screwed.

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11-28-2015 , 06:15 PM

#11880

paratrooper99

veteran

Join Date: Oct 2010 Posts: 2,051

Quote:

Originally Posted by DK Barrel

Keep working because it will suck when you're eventually trying to find a real job and have a huge gap in your resume.

If I wasn't a white male I'd be screwed.

I applied for a part time sales position last winter and had a 2 year gap from work because of poker. I was traveling and playing the circuit events. I had a phone interview and told the guy the truth. He was fascinated by it. We talked for over a half hour about poker and traveling. He hired me. I stayed there for 2 months and put in notice. The guy begged me to stay and even offered me a training position. With all of that said, I am also a white male too.

White privilege rocks.

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11-28-2015 , 07:46 PM

#11881

Andeeee

journeyman

Join Date: Jun 2010 Posts: 219

I am not a white male.

I agree the gap in employment history will not look appealing. But as mentioned, the honesty of explaining what you did and how you did it may draw intrigue and withdraw further inquiry.

Worst case, just show your bank account.

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11-28-2015 , 08:05 PM

#11882

NeverLosesAtPoker

banned

Join Date: Nov 2014 Posts: 4,448

But if your bank account is empty....

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11-28-2015 , 08:24 PM

#11883

Ragequit99

veteran

Join Date: Apr 2015 Posts: 2,575

Quote:

Originally Posted by t_roy

Idolizing pros like this and Matt Damon are why most people end up broke imo.

Never been called a nit at the tables, but I guess I am with my roll. I prefer it that way. Makes things much easier. FWIW I do think there are exceptions at higher stakes if great games in the area are much more rare. There will always be great games at 1/2 and 2/5.

Don't get me wrong, this woman is obviously better at poker than I will ever be and I'm not intending to emulate her or her BR management technique. Just a fun and extreme example of a time it might be ok to break the 10% rule.

That said I did re-watch Rounders last week...

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11-28-2015 , 11:07 PM

#11884

paratrooper99

veteran

Join Date: Oct 2010 Posts: 2,051

Quote:

Originally Posted by NeverLosesAtPoker

But if your bank account is empty....

Get staked... lol

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11-29-2015 , 01:36 AM

#11885

t_roy

veteran

Join Date: May 2010 Posts: 2,123

Quote:

Originally Posted by Ragequit99

My point is that she is an idiot. It is never ok to put your roll on the table as a professional. It makes for fun stories and exciting movie plots, but it is incredibly stupid.

I have seen multiple pros play games that were too big for them and end up flat broke. In general, your edge is never as big as you think and variance can be way worse than you think. Just trying to keep some of you from the same fate. All it takes is a little more patience and grinding to keep yourself in a perfectly safe situation.

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11-29-2015 , 02:10 AM

#11886

RelentlessDoubt

grinder

Join Date: Dec 2014 Posts: 689

If you're worried about playing with 10% of your roll on the table make sure to sit on the left of big stacks. Problems mostly solved

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11-29-2015 , 03:34 AM

#11887

RelentlessDoubt

grinder

Join Date: Dec 2014 Posts: 689

I was playing 2/5 at the Wynn a year ago severely under rolled. I bought in for 1k and got in 300 preflop then 700 on the flop vs an ATC fish. Flop Kxx. River Q.

It set me back 8 months after it was all said and done

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11-29-2015 , 03:34 AM

#11888

Sneaky Pete

banned

Join Date: Aug 2015 Posts: 353

Quote:

Originally Posted by DK Barrel

Keep working because it will suck when you're eventually trying to find a real job and have a huge gap in your resume.

Quote:

Originally Posted by paratrooper99

I applied for a part time sales position last winter and had a 2 year gap from work because of poker.

FWIW, gap in resume is an issue with full-time skill positions and careers.

Part-time sales position will probably be less selective.

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11-29-2015 , 03:35 AM

#11889

Sneaky Pete

banned

Join Date: Aug 2015 Posts: 353

Quote:

Originally Posted by Andeeee

I agree the gap in employment history will not look appealing. But as mentioned, the honesty of explaining what you did and how you did it may draw intrigue and withdraw further inquiry.

It isn't. Most people see poker as a vice, nothing more.

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11-29-2015 , 04:53 AM

#11890

eldiesel

Pooh-Bah

Join Date: Oct 2009 Posts: 3,585

^ Most people think the Giants are winning because of Coughlin not in spite of him. People are morons. Create your job instead of applying to one.

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11-29-2015 , 05:43 AM

#11891

RelentlessDoubt

grinder

Join Date: Dec 2014 Posts: 689

Everyone should be ready for three losing months and still have to meet their monthly nut

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11-29-2015 , 09:36 AM

#11892

bwslim69

I'm a Diva, Bruh

Join Date: Oct 2009 Posts: 24,927

Quote:

Originally Posted by RelentlessDoubt

Couldn't your parents just give you money?

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11-29-2015 , 09:44 AM

#11893

zoltan

Carpal \'Tunnel

Join Date: Jul 2007 Posts: 21,490

Quote:

Originally Posted by bwslim69

Couldn't your parents just give you a Porsche?

ftfy

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11-29-2015 , 09:49 AM

#11894

suited fours

Pooh-Bah

Join Date: Nov 2012 Posts: 4,143

Quote:

Originally Posted by eldiesel

^ Most people think the Giants are winning because of Coughlin not in spite of him. People are morons. Create your job instead of applying to one.

Idk, he looks like he's trying really hard

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11-29-2015 , 10:15 AM

#11895

suited fours

Pooh-Bah

Join Date: Nov 2012 Posts: 4,143

Quote:

Originally Posted by RelentlessDoubt

7 out of 10, good effort

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11-29-2015 , 11:45 AM

#11896

ZuneIt

veteran

Join Date: Mar 2009 Posts: 2,160

Quote:

Originally Posted by RelentlessDoubt

Everyone should be ready for three losing months and still have to meet their monthly nut

I could still make my 'monthly nut' as it's not the primary source of my income & I'm probably close to being 'over-rolled' for 1/2 NL in the games I play in. However, what it would do to my WR would send me str8 to the doc for some anti-depressants!

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11-29-2015 , 12:13 PM

#11897

mikko

veteran

Join Date: Dec 2012 Posts: 2,863

Quote:

Originally Posted by mikko

Funny, I use to tell everyone. If you bust a 2k bankroll at 1/2, you should quit and fined a new hobby.

Then in March I went on $1900 downswing, and was actually over 2 k mark in the next session before pulling out of it. Granted, the game plays bigger than most 1/3 games.

But 4k, in a standard 1/2 game (100 BB buy-in). Is more than enough. If you lose 2k. You should probably go do something else with the other 2k.

I wouldn't wait till first off year either. Just start playing when you have a buy-in. Add to your bankroll as money comes available.

^^^lol^^^

Lost $1300 in 1 hr. $900 in 1 orbit last night. When it become standard to get 250 BB in on flush draw? To call with gutter ball on paired boards?

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11-29-2015 , 02:18 PM

#11898

Sneaky Pete

banned

Join Date: Aug 2015 Posts: 353

Quote:

Originally Posted by eldiesel

^ Most people think the Giants are winning because of Coughlin not in spite of him. People are morons. Create your job instead of applying to one.

The notion of someone who's appealed to the idea of grinding 1/2 full-time should start his own business is ridiculous.

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11-29-2015 , 02:31 PM

#11899

RelentlessDoubt

grinder

Join Date: Dec 2014 Posts: 689

Quote:

Originally Posted by RelentlessDoubt

I had AKs vs his QQ

Quote:

Originally Posted by bwslim69

Couldn't your parents just give you money?

Surprisingly it's becoming more difficult to get money from my parents the older I get

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11-29-2015 , 02:33 PM

#11900

RelentlessDoubt

grinder

Join Date: Dec 2014 Posts: 689

Quote:

Originally Posted by ZuneIt

Your win rate has zero effect on your future results, I don't know why you would be concerned about it moving forward, especially over a small sample size. Everyone is going to lose. You will get AA ten times and get it cracked each time...why play if losing five buyins will really affect you?

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