[OFFICIAL] Winrates, bankrolls, and finances - Page 529 - 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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02-05-2016 , 08:57 PM

#13201

suited fours

Pooh-Bah

Join Date: Nov 2012 Posts: 4,143

Yeah, OMG, pokerz is soooo easy peasy, amirite??? Just show up and print the monies!!!

Quote

02-05-2016 , 10:23 PM

#13202

Donat3llo

Faster Than Ski Patrol

Join Date: Jan 2013 Posts: 22,947

Quote:

Originally Posted by MikeStarr

I started playing live regularly after moving to a place where there is a poker room within 15 min drive. Since then I have about 400 hrs at $54/hr playing $2/$5 I know I know......BULL**** right?

You'll fit right in around here.

Quote

02-05-2016 , 10:46 PM

#13203

Richard Parker

banned

Join Date: Jan 2013 Posts: 13,949

Walk like a donk, talk like a donk, but win money?

Nahhhhhhhhhhhhhhhhh

Quote

02-05-2016 , 11:32 PM

#13204

kekeeke

old hand

Join Date: Apr 2011 Posts: 1,306

Ya'll keep grinding your ****ty game, I'll keep grinding ultimate poker at the local casino.

I make tree fiddy an hour doing it, thats right

Quote

02-06-2016 , 12:03 AM

#13205

Richard Parker

banned

Join Date: Jan 2013 Posts: 13,949

Last I check, if you only count the winnings, you'll never lose.

Quote

02-06-2016 , 12:25 AM

#13206

OvertlySexual

veteran

Join Date: Jan 2014 Posts: 2,089

Playing loose when you re short and tight when you re deep seems the opposite of optimal.

Quote

02-06-2016 , 12:50 AM

#13207

Richard Parker

banned

Join Date: Jan 2013 Posts: 13,949

It makes perfect sense if you think about how little you are risking when you lose...

Quote

02-06-2016 , 01:08 AM

#13208

aoFrantic

Carpal \'Tunnel

Join Date: Apr 2007 Posts: 25,221

It's usually these people who keep terrible records of their actual hours and also blow money in sides

Quote

02-06-2016 , 01:16 AM

#13209

RESTRAIN THIS

centurion

Join Date: Dec 2012 Posts: 147

Quote:

Originally Posted by BlueLagoon32

I need some input. Last night at my local 2/5 game I caught up with a buddy, well he's just a 40-something fella I'm chummy with at the table. Decent guy who doesn't seem to have a reason to bull****.
We were talking about our winrates over our lifetime, he has >1000 hrs & I have 300.

Now, basically, he told me that his average hourly rate is $45....At 2/5...Over those 1000+ hrs. First words out of my mouth were "bull****." We were talking quietly between us so he had no reason to be pulling my leg in front of the others.

The only thing he does differently to me was he plays a short-stack strategy, 2x$200 bullets (max buy in is $400 here), plays very loose at the start, then tightens up when he's deep.

Please tell me, is this bull****? Do any of you have >$40/hr rates at 2/5, over at least 500 hours?

Also: He said he thought $45/hr was LOW. I asked him why he doesn't grind full time then, and he explained how when he grinded years ago, he played scared, but when it's for fun, he plays well/profitable.

Is beating 2/5 for $45/hour or more realistic if you're good enough? Absolutely.

Now...

Based on what you've shared, I can almost guarantee you that he doesn't beat the game for anything remotely close to that (if he's even a profitable player at all). There were so many fails in his description of how to play. Everything about it is bad.

Quote

02-06-2016 , 06:31 AM

#13210

YGOchamp

old hand

Join Date: Mar 2013 Posts: 1,555

Quote:

Originally Posted by johnnyBuz

I'm starting to believe $80-100 an hour is attainable in my local market which regularly sports multiple tables, 200 BB max buyin and a bigger 5-10 or 10-10 game often going.

Parx?

Quote

02-06-2016 , 09:51 AM

#13211

RESTRAIN THIS

centurion

Join Date: Dec 2012 Posts: 147

Quote:

Originally Posted by Richard Parker

It makes no sense if you think about how little you are winning when you make a hand...

fyp

Quote

02-06-2016 , 04:10 PM

#13212

Richard Parker

banned

Join Date: Jan 2013 Posts: 13,949

When you're a losing player, you mostly think about how to lose less.

Quote

02-06-2016 , 06:17 PM

#13213

mikko

veteran

Join Date: Dec 2012 Posts: 2,863

Quote:

Originally Posted by Richard Parker

Those shows are pretty full of it. I can't imagine making much profit if you need to pay so many contractors to get the job done.

Nah, it is like poker.

Everyone tries it. Top 5% succeed.
Most that succeed find other ways to use their talents.

Quote

02-06-2016 , 06:29 PM

#13214

Richard Parker

banned

Join Date: Jan 2013 Posts: 13,949

Pizza is only so big, you can't invite too many people.

Quote

02-08-2016 , 11:37 PM

#13215

Illmatikk

centurion

Join Date: May 2015 Posts: 182

I have a 7k roll, and I'm wondering whether it's more profitable for me to buy in for 300 at 1/3, or buy in for the full 500 with someone taking half my action, assuming we split profits and losses. Of course this depends on my win rate, but I'm wondering if there's a point of equilibrium, or if 300 with no stake is absolutely more profitable so long as my win rate is greater than zero.

I know buying in for the full amount is most profitable, but for me it's not worth the increased variance/risk of ruin. Also, is it reasonable to split profits/losses with someone who's staking you for half of your investment?

Quote

02-08-2016 , 11:44 PM

#13216

bip!

Slow Pony

Join Date: Oct 2012 Posts: 14,204

300 on your own. And you could absolutely cover 500 on your own with $7k roll at 1/3.

Quote

02-08-2016 , 11:45 PM

#13217

kekeeke

old hand

Join Date: Apr 2011 Posts: 1,306

Quote:

Originally Posted by Illmatikk

I wouldnt get staked if I were you. Buy in 300 if you feel shortrolled.

Best reasons to get staked in cash games is because you plan to play a much bigger games then usual because of a it's going to be vwry juicy.. otherwise you will regret it when you do run good.

Quote

02-08-2016 , 11:54 PM

#13218

Illmatikk

centurion

Join Date: May 2015 Posts: 182

Quote:

Originally Posted by kekeeke

I'll also be glad I got staked when I run bad, so that's not really the point. I'm just wondering if it's more profitable to get staked while playing with 500, since the increased win rate of playing deeper could compensate for the fact that I have half my action, plus the rake is proportionally lower since pots will be bigger on average.

Quote

02-09-2016 , 12:03 AM

#13219

Richard Parker

banned

Join Date: Jan 2013 Posts: 13,949

10% of your $300 an hour: $30/hr.

10% of $500 = $50/hr, split that in half = $25/hr.

Quote

02-09-2016 , 12:33 AM

#13220

feel wrath

The Situation

Join Date: Nov 2010 Posts: 29,786

Quote:

Originally Posted by Richard Parker

10% of your $300 an hour: $30/hr.

10% of $500 = $50/hr, split that in half = $25/hr.

this of course assumes OP is a winning player.

to your vg point of a few days ago, OP may be driven by losing less, which makes the staking agreement the way to go

Quote

02-09-2016 , 12:52 AM

#13221

Illmatikk

centurion

Join Date: May 2015 Posts: 182

Quote:

Originally Posted by Richard Parker

10% of your $300 an hour: $30/hr.

10% of $500 = $50/hr, split that in half = $25/hr.

You're ignoring the fact that bigger pots increase my edge and proportionally decrease the rake.

Quote:

Originally Posted by feel wrath

this of course assumes OP is a winning player.

to your vg point of a few days ago, OP may be driven by losing less, which makes the staking agreement the way to go

If I thought I was a losing player, I wouldn't play poker.

Quote

02-09-2016 , 12:57 AM

#13222

feel wrath

The Situation

Join Date: Nov 2010 Posts: 29,786

you've left out the most important details

- do you have another source of income?
- if so, how much and how easy would it bee to replenish your roll?
- is the 7k your total money in the world or is this purely a poker roll?
- what is your monthly nut?
- how much you currently win over how many hours