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Old 03-05-2016, 02:56 PM   #13851
spikeraw22
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I would go with option B. Being married I would keep my fun diversified.
This is a pretty big consideration for me. I can't just disappear to the card room for 6 hrs like I used to. I can however fire up 6 tables on the lap top while the wife vainly subjects me to a Bones marathon.
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Old 03-05-2016, 02:58 PM   #13852
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re: Winrates, bankrolls, and finances

"Well honey investing in a house is kind of a gamble in itself."
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Old 03-05-2016, 03:11 PM   #13853
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re: Winrates, bankrolls, and finances

yo spike - do you have a long term winning record? is it charted?

If it is have a meeting with your wife. Seriously. Schedule it and explain y this is a good investment from a biz standpoint. Dont b condescending but explain everything from soup to nuts about ev and all that other stuff. Also explain to her that it is important for you to play as a hobby etc.

When I furst got into the gambool I was not married. I explained everything to my woman (who I was with for 20+ years). I did my best to explain everything (bankroll, kelly, variance, etc). She is not math based at all. But she got it - kind of - and was incredibly supportive of my life as a gambooler.

Cocktail conversation is about the most annoying thing in the world when discussing advantage gambling. Everyone has a cousin or uncle who had a system. It is damn near impossible to convey how edge works. However, explaining it to a loved one if you are a winning player is not that tough
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Old 03-05-2016, 03:47 PM   #13854
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re: Winrates, bankrolls, and finances

A pretty successful guy was playing poker and doing his usual spewing and roulette, came back one roulette session and discussed with another player about a roulette player's system.

Apparently the system was to bet every number, but bet some numbers bigger, so player never loses and will win big when he hit a certain number.

Both agreed that it is a good system, but it requires too much money to play it.

Take a decently successful person and throw him inside a casino, and somehow the casino would strip the person of anything intelligent.
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Old 03-05-2016, 04:24 PM   #13855
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Squid-

>$20/hr over 1000 hrs of 1/2 and good results in a very small 2/5 sample. It won't help. I've shown her my results and explained it all. She still calls it gambling. The real issue is that she doesn't like me being gone all the time to play. Combine that with the risk of losing real money and it just isn't gonna happen. She was there when I won a ton of money (relatively speaking) before we got married. She's ok with it and even amused by it when it carries no financial risk for her. In my mind hit carries very little but from her perspective there is significant risk. It's ok. I don't need a cheer leader. This is why it's important for me to build the roll independently so we avoid a whole mess of relationship issues. If I bust it's just my own disappointment that way.
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Old 03-05-2016, 04:30 PM   #13856
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re: Winrates, bankrolls, and finances

Spike

I wanted to put another vote for taking 5 150 Bis to live. If you're playing really tight live and not pushing narrow margins you're probably going to be able to do pretty well with minimal risk. Most of the fish will be sitting on similar stacks anyway and even when you get into all in spots you're never missing out on more than $25 or so of overall equity and those spots only come up once every few hours, so your hourly shouldn't take a huge hit.

Let's say you can grind at $15/hr at 1/2 in the interim and your potential is maybe $20-$25 still avoiding high variance, but buying deeper, you double your BR in 50 hrs and probably only miss out on a maximum of $500 over that time frame. Relative to the risk in this case (being shut down) I think that's worth it.

I haven't played online in forever, but my inclination would be that this is way more worth it than trying to grind out $15/hr in a quarter/50 game online.

Last edited by sungar78; 03-05-2016 at 04:36 PM.
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Old 03-05-2016, 04:35 PM   #13857
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No need. Everyone's solid.









I do have an interesting conundrum right now.



As most of you know I blew my entire roll on my wedding last summer and now can't justify taking $2k out of my life roll (wife not ok with that). So, I've been slowly saving on my own. I have ~2BI for 1/2 in a drawer. I also am steadily grinding up a roll online. Currently ~$350 on a site with decent cash out history.



Do I:

A) cash out online and combine rolls for a $750 shot to play live right now and risk not being able to play at all



B) wait another two months when I can have ~$8-900 without touching the online roll all while grinding that up as well.



C) Some combo of the two.

The only reason not to cash it all out online is just because it's so great to be able to get a load more hands in playing online. I stopped online as part of a 'playing time deal' with wifey, given how many life and work commitments I have, but I really miss it and think my game would benefit from it still

So maybe take most of the money out but drop down in stakes and keep say 100 online to keep grinding hands?
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Old 03-05-2016, 04:44 PM   #13858
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re: Winrates, bankrolls, and finances

Spike,

I don't see how one can play at the smallest stakes available with only a 5BI roll, and not be scared $$$, or otherwise fail to make the best decisions possible.

If I were you, without knowing any more, I would continue what you're doing and grind up a proper roll off the live cash tables.

I would also start a conversation with wifey so that she sees you save and delay gratification now, so that when you are properly rolled to return to the live cash games, she is ready (for the incoming variance). This also keeps open the communication for when you return to live and hit a down swing and you need to talk about it with her.

I would start playing live small stakes tournies too, on a semi regular basis for multiple reasons:

1) keep your live skills sharp/developing

2) keep wifey up to date on your chosen hobby in a physical sense

3) have an opportunity to bink a roll
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Old 03-05-2016, 04:48 PM   #13859
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Poker is going to cause a problem in the marriage regardless of where the money originates from imo
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Old 03-05-2016, 04:50 PM   #13860
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My only other pov is to ring fence physically one night a week now within your relationship structure as your poker night (or whatever else it is you want to do with some time for yourself) and obv also encourage her to have the same time away.

When kids come along and life gets way busier and more complicated, time alone/away often becomes the biggest metric of disagreement and pressure in the relationship and you have to be really strong to keep it in (and it helps by also insisting that she gets the same time for herself and to help make that happen for her). Important for the marriage longer term but imho, it's critical to set the precedent for it now
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Old 03-05-2016, 04:53 PM   #13861
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re: Winrates, bankrolls, and finances

Keep it the way you have it imo. Online gives you more flexibility and less risk. At risk of starting another 5 pages of nonsense, anyone would be at significant risk of busting a 5BI roll.

Avoid tournies like the plague.
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Old 03-05-2016, 05:07 PM   #13862
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At my historical winrate, a 3BI roll would represent ~25% ROR. Significant but not a death sentence. I'll continue to ponder it.
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Old 03-05-2016, 05:07 PM   #13863
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re: Winrates, bankrolls, and finances

Have there been any large tournament sample sizes posted?
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Old 03-05-2016, 06:06 PM   #13864
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Read a study of someone who followed all the big names and their ITM % in WSOP.

ITM in the teens % wise is considered very very good.

In short, cashing in tourney is a lot like winning the lottery, only the big prizes matter.
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Old 03-05-2016, 06:06 PM   #13865
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Playing with a short roll was one of the most miserable time in my life.
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Old 03-05-2016, 06:13 PM   #13866
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My only other pov is to ring fence physically one night a week now within your relationship structure as your poker night (or whatever else it is you want to do with some time for yourself) and obv also encourage her to have the same time away.

When kids come along and life gets way busier and more complicated, time alone/away often becomes the biggest metric of disagreement and pressure in the relationship and you have to be really strong to keep it in (and it helps by also insisting that she gets the same time for herself and to help make that happen for her). Important for the marriage longer term but imho, it's critical to set the precedent for it now
+1

i'd go with keeping some of the roll online. being able to play online, especially if you/her dont want to go out for the night. just be patient, you'll get it back

it seems like a bunch of the people ITT either
a) dont have a wife, so they have no clue (girlfriends/fiances aren't the same, no matter how much you think they are, trust me)
b) if they do have a wife, they seem to be extremely understanding of poker, which is very uncommon

trying to explain poker to someone who doesnt get it - and most people dont - and trying to explain it to someone who doesnt want to get it - and most people dont - is just a battle in futility. you'd have a better chance of convincing most people that the world is flat
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Old 03-05-2016, 06:17 PM   #13867
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I literally ONLY play poker when my wife is working or out of town.

Won a ridiculous amount of money playing busy hours last time my wife was out of town, and I still choose not to play those hours.
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Old 03-05-2016, 10:13 PM   #13868
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re: Winrates, bankrolls, and finances

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Poker is going to cause a problem in the marriage regardless of where the money originates from imo

This is correct in my experience
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Old 03-05-2016, 10:15 PM   #13869
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Solution: 100% my money which I'm perfectly willing to share once I climb out of the danger zone (queue Sterling Archer).
ft
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Old 03-05-2016, 10:17 PM   #13870
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This is a pretty big consideration for me. I can't just disappear to the card room for 6 hrs like I used to. I can however fire up 6 tables on the lap top while the wife vainly subjects me to a Bones marathon.
wait, who's subjecting whom to a marathon of bones????
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Old 03-05-2016, 10:21 PM   #13871
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wait, who's subjecting whom to a marathon of bones????
horrible show
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Old 03-05-2016, 10:22 PM   #13872
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I'll sequester my quality trolling inside chat thread I suppose. :/
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Old 03-05-2016, 10:23 PM   #13873
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horrible show
Temperance tho
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Old 03-06-2016, 01:18 AM   #13874
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Look at it from your wifes perspective: She has the weekend off or she just got off of a long miserable day at work... and you want to run off and waste your time and lose money like 99.9% of all the other casino people instead of spending time with her
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Old 03-06-2016, 05:50 AM   #13875
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re: Winrates, bankrolls, and finances

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Do I:
A) cash out online and combine rolls for a $750 shot to play live right now and risk not being able to play at all

B) wait another two months when I can have ~$8-900 without touching the online roll all while grinding that up as well.

C) Some combo of the two.
Depends on how much you enjoy live play vs. how well you play online.

From a pure 'responsible bankroll maintenance' perspective, you should probably take the cash and deposit it online. You'll be properly rolled for the micros and can easily move up for shot taking, and move down for downswings.

You also have more options--like playing SNGs along with cash games.

Problem with live is you can't downshift from 1-2 . And it's not hard to go busto with that size roll no matter your skill level.
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