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Old 03-06-2016, 06:19 AM   #13876
sungar78
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Siculamente View Post
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
just gained a new perspective on being able to call casino time work w two gfs in a row. god damnit i need to be more thankful
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Old 03-06-2016, 11:35 AM   #13877
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The wife/poker is under control guys. She really won't have a problem with it as long as it's my personal money. Just have to keep the time commitment under control.

She actually just asked me why I don't play 1/2 with our house money and I told her why. That's a lot of good will creation.


The main consideration currently is how best to utilize my limited resources. Live is where the money is and it's where I'll be able to make meaningful money in the future, plus it's just more enjoyable socially. I also want to keep at least some money online so I can grind when the opportunity arises plus I am a winner there too and can certainly build a little on the side that way to supplement until my live roll is in better standing.

I'm leaning toward grinding online a little longer. Within a month or two I'll have about double my current live roll to work with and while risky won't be a suicide mission when I hit it again. I've waited this long. I think a little extra time will be worth being able to recount wins and losses to wife without any ensuing money debates.
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Old 03-06-2016, 12:34 PM   #13878
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re: Winrates, bankrolls, and finances

cliffs: women are the rake
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Old 03-06-2016, 12:43 PM   #13879
spikeraw22
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Originally Posted by johnny_on_the_spot View Post

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
Absolutely

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Originally Posted by Richard Parker View Post
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.
didnt know you were married but admire your principles

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Originally Posted by homerdash View Post
Poker is going to cause a problem in the marriage regardless of where the money originates from imo
Possible but not a certainty if approached correctly with patience

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Originally Posted by suited fours View Post
Temperance tho
Ya but I could just look at Bones themes porn and save several hours.

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Originally Posted by sungar78 View Post
just gained a new perspective on being able to call casino time work w two gfs in a row. god damnit i need to be more thankful
Certainly although I wonder how much they understood if we're discussing exes

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Originally Posted by andees10 View Post
cliffs: women are the rake
Thread/
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Old 03-06-2016, 01:29 PM   #13880
Mr Sandbag
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re: Winrates, bankrolls, and finances

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Originally Posted by Siculamente View Post
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
6-hour marathon of a show only she wants to watch while her husband plays 6 tables on his laptop can hardly be considered "quality time."
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Old 03-06-2016, 01:50 PM   #13881
suited fours
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re: Winrates, bankrolls, and finances

If spouse doesn't speak Variance, here's a different approach.

Honey, $X is initial investment / job training / uniform / initial batch of Amway soap, whatever makes sense to spouse. (X is initial bankroll obv) The first Y hours are unpaid training hours. And Z per hour is what I'm getting paid.

Pick X, Y, and Z as optimally as possible to provide cushion and manage expectations. Don't forget Warren Buffet's advice: the secret to success in business and marriage is the same, manage expectations.

Then, at the end of each month, leave a pile of 100s on the counter with a note on how many hours you worked. Or, cover your bed with fives, if you're into that sort of thing.

Because you picked x, y and z so well, you eventually run out of places to hide your growing roll. At that point, start giving yourself small raises to keep the good news flowing.

What could go wrong??
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Old 03-06-2016, 01:57 PM   #13882
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re: Winrates, bankrolls, and finances

Spike I forget do you and the wife have kids? All I would say is if you have trouble with the time issues pre-kids it will be difficult x10 if you have kids.
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Old 03-06-2016, 03:15 PM   #13883
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re: Winrates, bankrolls, and finances

One five year old boy. I'm
Not expecting to put in 20 hrs/wk right now. Just want to be able
To go when I can and start supplying some cash for things we want but can't pull from the life roll. We make quite a bit of money but also have a significant amount of school/life debt to deal with as well as really want to set ourselves up on solid ground financially going forward.
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Old 03-06-2016, 04:34 PM   #13884
N3uromant3
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re: Winrates, bankrolls, and finances

Hello guys,

here my stats:
Count: 69
Profit: 16.683
Hourly: 37,96
StdDev: 397.99
Total time: 440h

I play 2 times per week at 2-4. Since 3 months I am playing 50% of times 5-10 and 50% of times 2-4.

I play in a local casino and the profits include rake:
NL4 2euro if the pot is min 50 (+tip)
NL10 5 euro if the pot is min 100 (+tip)

Do you think I can move to play 100% NL10?

Additional info:
I do not know exactly the win rate at the 2 different stakes :/
The hourly rate has improved over time
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Old 03-06-2016, 05:56 PM   #13885
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by N3uromant3 View Post
Hello guys,

here my stats:
Count: 69
Profit: 16.683
Hourly: 37,96
StdDev: 397.99
Total time: 440h

I play 2 times per week at 2-4. Since 3 months I am playing 50% of times 5-10 and 50% of times 2-4.

I play in a local casino and the profits include rake:
NL4 2euro if the pot is min 50 (+tip)
NL10 5 euro if the pot is min 100 (+tip)

Do you think I can move to play 100% NL10?

Additional info:
I do not know exactly the win rate at the 2 different stakes :/
The hourly rate has improved over time
wow nice rake structure
euro too, i thought europe was a rake fest?

only you know if you can move to 5-10, if you think/know you are profitable there, play there.
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Old 03-06-2016, 06:12 PM   #13886
Garick
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re: Winrates, bankrolls, and finances

You don't tell us your bankroll, so there is no way we can answer if you can move up. Your Standard Deviation is quite high (even if it is per session, sky-high if it is per hour), so you need a very healthy bankroll to be able to move up to 5-10 without a significant risk of ruin.
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Old 03-06-2016, 06:37 PM   #13887
N3uromant3
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Originally Posted by Garick View Post
You don't tell us your bankroll, so there is no way we can answer if you can move up. Your Standard Deviation is quite high (even if it is per session, sky-high if it is per hour), so you need a very healthy bankroll to be able to move up to 5-10 without a significant risk of ruin.
I checked, its per hour :/
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Old 03-06-2016, 07:09 PM   #13888
Garick
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OK, I just realized that's probably euros/hour, not BB/hour so it's not such a crazy SD after all, but without knowing the breakout of 2/4 vs. 5/10 or your bankroll, it's still really hard for us to tell you anything much.
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Old 03-06-2016, 07:34 PM   #13889
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re: Winrates, bankrolls, and finances

Yes you are ready. Go and let us know how it goes.
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Old 03-06-2016, 08:22 PM   #13890
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Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
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Old 03-06-2016, 08:31 PM   #13891
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re: Winrates, bankrolls, and finances

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Originally Posted by spikeraw22 View Post
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
I'm sure this will go well...
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Old 03-06-2016, 08:55 PM   #13892
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Originally Posted by spikeraw22 View Post
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
Solid plan. Good luck

Sent from my SM-T320 using 2+2 Forums
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Old 03-06-2016, 09:10 PM   #13893
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Garick View Post
You don't tell us your bankroll, so there is no way we can answer if you can move up. Your Standard Deviation is quite high (even if it is per session, sky-high if it is per hour), so you need a very healthy bankroll to be able to move up to 5-10 without a significant risk of ruin.
I know virtually nothing about the standard deviation stat. What do I need to look for? Is the number itself useful? Or the number compared to the win rate or what?

$2/$5 NL
Im at $59.11 / hr
$231.69 / hr standard deviation.
$478.01 / session standard dev.
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Old 03-06-2016, 09:45 PM   #13894
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by spikeraw22 View Post
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
Been >1 hour, where's the TR????
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Old 03-06-2016, 10:09 PM   #13895
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by spikeraw22 View Post
Decided to take a 40bb shot at 5/T. Can't be exploited by 3 bets. Just open shoving JTss+.

Wife offered to rail for support.
that escalated quickly.

run hot bud!
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Old 03-06-2016, 11:07 PM   #13896
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My god sarcasm people.
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Old 03-06-2016, 11:25 PM   #13897
Garick
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by MikeStarr View Post
I know virtually nothing about the standard deviation stat. What do I need to look for? Is the number itself useful? Or the number compared to the win rate or what?

$2/$5 NL
Im at $59.11 / hr
$231.69 / hr standard deviation.
$478.01 / session standard dev.
Number just tells you how swingy you are. It isn't good or bad, except that bigger ones make wild runs (in either direction) more likely.

As for your numbers, they tell me two things. 1) You either have very calm swings or a small sample size and 2) You play very short sessions.
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Old 03-06-2016, 11:50 PM   #13898
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Originally Posted by Garick View Post
Number just tells you how swingy you are. It isn't good or bad, except that bigger ones make wild runs (in either direction) more likely.

As for your numbers, they tell me two things. 1) You either have very calm swings or a small sample size and 2) You play very short sessions.
I do have very calm swings. My sessions avg 4-5 hours.
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Old 03-07-2016, 12:19 AM   #13899
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Quick question! a friend of mine was saying that if you have large swings it's because you are winning big pots but also losing big pots. Over a long sample size a higher winrate is going to have less swings overall but maybe more in the short term while a low winrate will have less swings daily but it will take longer to dig out of a losing streak because your winrate is so small. Does that sound right?
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Old 03-07-2016, 12:24 AM   #13900
Siculamente
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I probably misunderstood. If both people in a relationship have great paying jobs then why would one want to play live low stakes for the money?
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