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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%

01-22-2016 , 07:26 PM
Quote:
Originally Posted by squid face
mike - I am currently losing 2.5k in my last 140 hours.

I spent the prior 8k+ hours winning at a very high clip. Does that mean that I have gotten significantly worse at poker?

What it means is in small samples there is a LOT of noise...that noise does not quiet down until you hit a reasonable number of hours. Many think that number is north of 1,000 when it comes to live poker
aren't you a pro? how come you're not busto if you're down 2.5k?

Spoiler:
spent a week in LA, they got me too
Winrates, bankrolls, and finances Quote
01-22-2016 , 07:28 PM
Quote:
Originally Posted by ZuneIt
Thanks Mike! However, trust me! 205 hours is a 'drop in the bucket.' And to those wanting to swing their dicks with their win rates: I only track mine for my own measurement of my improvement. However crude a measurement it may be, it's the only way I know how to measure it with numbers. I can say, after reviewing hands after a session, that I didn't make nearly the mistakes I use to in the past. I can say I played X# of hands much better than in the past - however, it still boils down to: how does that compute to the improvement in my bottom line.
Well, if you review your hands and realize you didnt make nearly the mistakes you made in the past then you've gotten better, right?
Winrates, bankrolls, and finances Quote
01-22-2016 , 07:35 PM
Mistakes are usually measured by result, so who knows.
Winrates, bankrolls, and finances Quote
01-22-2016 , 08:46 PM
Quote:
Originally Posted by squid face
mike - I am currently losing 2.5k in my last 140 hours.

I spent the prior 8k+ hours winning at a very high clip. Does that mean that I have gotten significantly worse at poker?

What it means is in small samples there is a LOT of noise...that noise does not quiet down until you hit a reasonable number of hours. Many think that number is north of 1,000 when it comes to live poker
means you're a fish obv.
Winrates, bankrolls, and finances Quote
01-22-2016 , 08:47 PM
Quote:
Originally Posted by bwslim69
Fish itt
gfy commie
Winrates, bankrolls, and finances Quote
01-22-2016 , 09:56 PM
Quote:
Originally Posted by tellypl

1) Is there a B/R # to shottake?

2) Is there w/r over # of hours to shottake?

3) How many buyins to shottake?

.
I like to 'freeroll' shottake.

Play your usual 1-2 game till you have a really good night, and have made enough for 1.5-2 buyins at the higher stakes, and you're not too burnt out, and you can find a promising 2-5 table to get into.

Had one of my best nights buying into a 1-2 game for $60, hitting a holiday high hand for $550, and moving to a 2-5 table with a $350 buyin. Walked away 4 hours later with approx. $1800 (merry xmas).
Winrates, bankrolls, and finances Quote
01-22-2016 , 09:59 PM
Quote:
Originally Posted by flowrider
I like to 'freeroll' shottake.



Play your usual 1-2 game till you have a really good night, and have made enough for 1.5-2 buyins at the higher stakes, and you're not too burnt out, and you can find a promising 2-5 table to get into.



Had one of my best nights buying into a 1-2 game for $60, hitting a holiday high hand for $550, and moving to a 2-5 table with a $350 buyin. Walked away 4 hours later with approx. $1800 (merry xmas).

Dgi student?
Winrates, bankrolls, and finances Quote
01-22-2016 , 10:22 PM
Quote:
Originally Posted by bwslim69
Dgi student?
DGI alt
Winrates, bankrolls, and finances Quote
01-22-2016 , 10:25 PM
FL tho
Winrates, bankrolls, and finances Quote
01-22-2016 , 11:01 PM
Quote:
Originally Posted by flowrider
I like to 'freeroll' shottake.
... That is not a freeroll
Winrates, bankrolls, and finances Quote
01-22-2016 , 11:05 PM
*insert olive investment analogy
Winrates, bankrolls, and finances Quote
01-22-2016 , 11:19 PM
Quote:
Originally Posted by ohmyrage
... That is not a freeroll
House olives
Winrates, bankrolls, and finances Quote
01-23-2016 , 12:50 AM
For all ya'll that play 1-2, what is a proper BR iyo?
Winrates, bankrolls, and finances Quote
01-23-2016 , 01:11 AM
Quote:
Originally Posted by fuluck
For all ya'll that play 1-2, what is a proper BR iyo?
It depends. The more the better.

Do you have a job? Are you playing for an income? Side income?
Winrates, bankrolls, and finances Quote
01-23-2016 , 01:36 AM
Quote:
Originally Posted by ohmyrage
... That is not a freeroll
Ok then...how about 'earning your way' into a bigger game.
Winrates, bankrolls, and finances Quote
01-23-2016 , 01:44 AM
Quote:
Originally Posted by fuluck
For all ya'll that play 1-2, what is a proper BR iyo?
If Poker's the only income, 50 buy-ins plus 6 months living expenses.

If you have a job, play whenever you have a couple of buyins.
Winrates, bankrolls, and finances Quote
01-23-2016 , 02:26 AM
Quote:
Originally Posted by suited fours
If a player on a short bankroll goes on a heater such that a decent percentage of their bankroll is on table, that would be the time to lock in the win instead of paying as scared money.
Quote:
Originally Posted by Richard Parker
Agreed
What do you define 'heater' as?

What if you notice that the red deck has flopped two 7s the last 4 times it has been used. If you are dealt, say 97o UTG the 5th time it's used, as you going to play it, since the DeckMate is on a 'heater' of dealin' out two 7s on the flop with that deck?
Winrates, bankrolls, and finances Quote
01-23-2016 , 02:38 AM
Depends if you're partial to Bayesian probability.
Winrates, bankrolls, and finances Quote
01-23-2016 , 02:46 AM
If you set up a differential equation for it, you'd be able to figure out if you should call or fold
Winrates, bankrolls, and finances Quote
01-23-2016 , 02:51 AM
Quote:
Originally Posted by ZuneIt
Thanks Mike! However, trust me! 205 hours is a 'drop in the bucket.' And to those wanting to swing their dicks with their win rates: I only track mine for my own measurement of my improvement. However crude a measurement it may be, it's the only way I know how to measure it with numbers. I can say, after reviewing hands after a session, that I didn't make nearly the mistakes I use to in the past. I can say I played X# of hands much better than in the past - however, it still boils down to: how does that compute to the improvement in my bottom line.
Quote:
Originally Posted by MikeStarr
Well, if you review your hands and realize you didnt make nearly the mistakes you made in the past then you've gotten better, right?
I look at eliminating leaks in my game as the equivalent of improving my efficient in a job. Say I have a sales job that pays primarily commission. If I eliminate the 15-20 minutes when I get to work talkin' with co-workers & gettin' warmed up. If I stop spending 10-15 minutes prior to lunch figuring out where we are all going & if I stop slowing down 10-15 minutes prior to quittin' time, I'm not improving my skill at sales. I'm improving my efficiency.
Winrates, bankrolls, and finances Quote
01-23-2016 , 03:12 AM
Quote:
Originally Posted by fuluck
For all ya'll that play 1-2, what is a proper BR iyo?
There are websites that can give you an estimate based upon your win rate & standard deviation. I go by being able to lose 12 $250 all-ins pre in a row in a so called 'coin-flip' situation [AK vs. QQ] & still have 1/2 my bankroll. So, $6000.00 to start for 1/2NL & I never concern myself with the fact that the chips are money.

However, I don't need to meet a monthly nut, so there is no pressure. I thought I was saving as much of my winnings as possible for a new, used car. However, my wife informed me that my thinking is flawed - it's being saved for home improvements this summer. She also thinks that a deck in the backyard & a smoker & fancy grill will allow me the opportunity to spend time learning how to grill like Bobby Flay. Then there's the kitchen & bathroom, that for some reason - she thinks should be upgraded! Women. They'll let ya' do what you want - but there's a price.
Winrates, bankrolls, and finances Quote
01-23-2016 , 05:06 AM
Quote:
Originally Posted by ZuneIt
What do you define 'heater' as?



What if you notice that the red deck has flopped two 7s the last 4 times it has been used. If you are dealt, say 97o UTG the 5th time it's used, as you going to play it, since the DeckMate is on a 'heater' of dealin' out two 7s on the flop with that deck?

I would slap myself across the face if I ever find myself asking those questions.
Winrates, bankrolls, and finances Quote
01-23-2016 , 05:35 AM
Well, I think 'heaters' are ridiculous. Always have. I've only believed in variance. "Heaters" to me, are like guys saying "Sevens are runnin' hot tonight." Or, getting a seat change button so that when seat 7 leaves [who is runnin' good] they can grab his seat. Or, being told by someone you know who sees you on a table he played at the last 2 days, tells you: "You're at a good table. Try & get seat 9. I won a lot in that seat the last two days & as you can see, the guy in seat 9 is doing good today."

If you can be on a "heater" and get good cards that hit flops, then why can't a specific seat at a table run good? Why can't a specific deck run hot flopping a specific rank a high % of the time? Ever see a deck run hot at flopping monotone over 10 flops when it's only suppose to happen 5% of the time?

I won't go into why I was tracking this, however I once went 48 times in a row without flopping a set of 6s. Then when I did, my V caught a 4th card to work with 1 of his for a str8. It wasn't until the 59th time of being dealt 66 that I won a really nice pot.

After about 3-5 weeks of running so so with my 66, I went on a heater and flopped several sets making a nice amount of money. Was it really a heater, or just variance? I think a more accurate term would be "High +Ev Variance."

"All of my good streaks & all of my bad streaks of every length & depth have had one thing in common. They did not exist in your mind. They only existed in my mind. And this is true for everyone's winning & losing streaks. None of them actually exist. They are all mental fabrication, like past & future. Everything that ever happens happens in the present tense. But how can you have a "streak" in the present tense? You can't. And therefore, if you are in the present tense, which, in fact, at this time you are, then at this moment there is no streak in your life. There is no inherent existence to streaks. The streak is there when you think about it, and when you stop thinking about, it goes away. It blossoms and withers, all in your mind. And when your mind invents a streak, you believe it exists, because you believe what your mind tells you. But the truth is there is only the hand you are playing." - Tommy Angelo
Winrates, bankrolls, and finances Quote
01-23-2016 , 06:21 AM
"Heater" can also just mean that you have been on the positive side of variance. I am sure that is how it was used in the post you are referencing. It doesn't necessarily imply that future events have different odds, just that past events worked out favorably.
Winrates, bankrolls, and finances Quote
01-23-2016 , 06:40 AM
I don't keep track of win rates personally, only whether or not more money comes in than goes out.

Since the start of the new year, I've played 21/23 days and have won 19/21 days for a minimum of $200 at 1/2. At least twice a week for three weeks now I've had cash outs for $1k+. If this keeps up, I'll be on my way to winning the WSOP ME 2016.

For me, "heater" is putting it lightly. I'm running God mode cheat codes right now - wallhacks, aimbots, maphack, the works. Just tonight I flopped a set of fives, went running queens for fives full. Two other guys had the case queens paid off all-in bets OTR. All in the first hour of playing.

Printing money.

Waiting to get my ass kicked due to hubris.
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