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Old 02-09-2016, 12:33 AM   #13226
feel wrath
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Richard Parker View Post
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
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Old 02-09-2016, 12:52 AM   #13227
Illmatikk
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Richard Parker View Post
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 View Post
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.
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Old 02-09-2016, 12:57 AM   #13228
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re: Winrates, bankrolls, and finances

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
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Old 02-09-2016, 12:58 AM   #13229
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re: Winrates, bankrolls, and finances

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Originally Posted by Illmatikk View Post

If I thought I was a losing player, I wouldn't play poker.
nor would most losing players
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Old 02-09-2016, 01:03 AM   #13230
KatoKrazy
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re: Winrates, bankrolls, and finances

Really depends on if a lot of your opponents (especially opponents worse than you) sit deep.
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Old 02-09-2016, 01:13 AM   #13231
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Illmatikk View Post
You're ignoring the fact that bigger pots increase my edge and proportionally decrease the rake.
You do realize that the example of WR includes all that?

I am surprised that you are still arguing it...I mean, it's pretty ldo.
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Old 02-09-2016, 01:13 AM   #13232
Illmatikk
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by feel wrath View Post
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
Yeah I have other sources of income and 7k isn't all the money I have, so I could buy in for 500, but since I've just moved up to 1/3, I'd rather buy in for 100bb, at least at first.

Quote:
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nor would most losing players
Thank you for letting me know that losing players should play with less money.
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Old 02-09-2016, 01:14 AM   #13233
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re: Winrates, bankrolls, and finances

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nor would most losing players
Poker rooms would be empty if losing players quit playing.
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Old 02-09-2016, 01:17 AM   #13234
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re: Winrates, bankrolls, and finances

I always thought the majority of losing players do eventually quit. They're just replaced with more losing players.
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Old 02-09-2016, 01:18 AM   #13235
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Sure, most losing players do quit.

But have you ever met a losing player?
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Old 02-09-2016, 01:21 AM   #13236
Illmatikk
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You do realize that the example of WR includes all that?
I must've missed it in your thorough analysis, can you explain how the identical winrates include all that?
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Old 02-09-2016, 01:23 AM   #13237
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I must've missed it in your thorough analysis, can you explain how the identical winrates include all that?
Seriously?

$300 BI, $30/hr.

$500 BI, $50/hr.

That's a 67% bump for buying $200 more...
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Old 02-09-2016, 01:30 AM   #13238
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Whoops
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Old 02-09-2016, 12:07 PM   #13239
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re: Winrates, bankrolls, and finances

The question is mostly just a hypothetical. The psychological difference of being staked, or not, would be the most important factor for the vast majority of players. (affecting winrate and enjoyment)
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Old 02-09-2016, 12:29 PM   #13240
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re: Winrates, bankrolls, and finances

I think a $20/hr hypothetical winrate for simply buying in more is well accounting for a psychological discrepancy.

Staking rarely makes sense unless you honestly need the money to be able to play.
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Old 02-09-2016, 12:36 PM   #13241
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re: Winrates, bankrolls, and finances

Buy in for $500 on your own. Assuming it's not a private game where everyone buys in full and the game plays bigger, it won't make much of a difference. A lot of casino players will buy in for $300 or less anyway.

Also, nobody mentioned that you can always just start out buying in for $500 and if things don't run your way in the beginning you can "drop down" to $300. Example: if you lose 5 BI of $500, your bankroll will be down to $4.5k which is still 15 BI of $300. Absolutely no reason to get staked with a $7k roll for 1/3 if you are a winning player. You'd just be costing yourself profit and delaying your advancement to higher stakes.
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Old 02-09-2016, 01:02 PM   #13242
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It takes literally 1 hand for $300 starting stack to be $500...

I really don't understand people's obsession with buying in max, other than some sort of ego related issue.
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Old 02-09-2016, 01:04 PM   #13243
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Richard Parker View Post
It takes literally 1 hand for $300 starting stack to be $500...

I really don't understand people's obsession with buying in max, other than [b]some sort of ego related issue.[b]
^fixed
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Old 02-09-2016, 01:09 PM   #13244
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Richard Parker View Post
It takes literally 1 hand for $300 starting stack to be $500...

I really don't understand people's obsession with buying in max, other than some sort of ego related issue.
It takes 1 hand to go from 500 to 1000

And 2 hands from 1000 to 2000. it the snowball effect
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Old 02-09-2016, 01:12 PM   #13245
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Yep, win $1000 in a 4-hour session, submit mortgage application for 1 million dollar.

Come on dude...
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Old 02-09-2016, 01:13 PM   #13246
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Richard Parker View Post
It takes literally 1 hand for $300 starting stack to be $500...

I really don't understand people's obsession with buying in max, other than some sort of ego related issue.
Because when we have an edge the more money that is on the table the higher our win rate? Not sure why this would even be debated, especially at live 1/3 where our edge increases with deeper stacks.
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Old 02-09-2016, 01:22 PM   #13247
Richard Parker
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Well, there is effective stack, and there aren't that many idiots who stack off 166bb enough for that extra 66bb to matter much in long run.
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Old 02-09-2016, 01:27 PM   #13248
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re: Winrates, bankrolls, and finances

Just buy in full on your own and go on the stake if things go poorly at the start.
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Old 02-09-2016, 01:27 PM   #13249
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Quote:
Originally Posted by Richard Parker View Post
It takes literally 1 hand for $300 starting stack to be $500...

I really don't understand people's obsession with buying in max, other than some sort of ego related issue.

Yeah mostly this. Yes occasionally a fish on a heater will out pace you and you will wish you had started deeper but buying in 300 as standard and adding on to get deeper with fish is going to be very similar wr to blindly starting at 500 esp since 1/3 is a new level for op IMO.

My advice would be to really focus on game selecting and seat selecting if you aren't already, buy in 300 unstaked and give yourself the flexibility to keep an eye out for "special" spots where topping to 500 seems particularly +EV. (Ie. a "special" player deep and to your right).
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Old 02-09-2016, 01:29 PM   #13250
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re: Winrates, bankrolls, and finances

Also, come on, if you bust a 7k roll playing 1/3, then brm is the least of your worries poker-wise.
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