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Old 03-10-2016, 01:52 PM   #14076
gobbledygeek
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Richard Parker View Post
Fine, it's only right that I also post brag chart.

Spoiler:
Already anticipating the April doomswitch?

ETA: Also lol'ed at the Millions unit of measure, nice. I wonder if PokerJournal has a unit of measure feature I can use to measure everything in Billions?

GhavealittleconfidenceinyourselfRP!G
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Old 03-10-2016, 02:05 PM   #14077
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re: Winrates, bankrolls, and finances

With my small sample size, I am only able to forecast 1 month ahead.
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Old 03-11-2016, 03:47 AM   #14078
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re: Winrates, bankrolls, and finances

+$2195 in the last 29.6 hours for $74/hr ... I've turned the corner into crusher territory and should quit my job, right?
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Old 03-11-2016, 03:55 AM   #14079
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re: Winrates, bankrolls, and finances

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+$2195 in the last 29.6 hours for $74/hr ... I've turned the corner into crusher territory and should quit my job, right?

1/2?
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Old 03-11-2016, 04:05 AM   #14080
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re: Winrates, bankrolls, and finances

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1/2?
Yup.
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Old 03-11-2016, 06:15 AM   #14081
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re: Winrates, bankrolls, and finances

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Yup.

Max win rate is 60 apparently
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Old 03-13-2016, 07:35 PM   #14082
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[LC/No Strat] How do your handle your cash?

Hi folks =]

I'm a 1/2-2/5 NL and low limit tourney semi reg. I played here and there last year, but I decided to make more of a commitment to poker outside of my normal job in 2016, and I've been quite successful. The "problem" is now I'm sitting on this huge pile of cash in my apartment. What do you guys do with your winnings? How often do you "cash out your bankroll" into your bank account? The casino charges $3-4 for withdrawals at their ATM, and it's such a hassle to go to the bank every other time I want to play poker. How much of your poker roll do you keep in cash on you, and how much do you transfer into your accounts? I know some of you probably play in different limits than me, so you can answer in percentage of your total roll or in # of buy ins or whatever.

Also, I'm positive that there's a thread on this somewhere, but I changed my address a few times in the past few years, and I'm worried that the casino may have sent me a 1099 that I never received. How worried do I need to be about taxes? Poker is something I do 8-15 hours a week as I'm a teacher, and grading is literally the biggest time-suck in the world.
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Old 03-13-2016, 07:40 PM   #14083
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Re: [LC/No Strat] How do your handle your cash?

I keep roughly 7 to 10 buyins in cash in my home. Rest goes in the bank.
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Old 03-13-2016, 07:54 PM   #14084
PotThief5
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Re: [LC/No Strat] How do your handle your cash?

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I keep roughly 7 to 10 buyins in cash in my home. Rest goes in the bank.
Makes sense. Thanks!
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Old 03-13-2016, 08:07 PM   #14085
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Re: [LC/No Strat] How do your handle your cash?

When i had this problem I kept 10 BI hidden in my house. The rest I put in a safe deposit box. It's easy to get at, and keeps the IRS from looking at your transactions. Not that I'm advocating hiding income, but if you can avoid an audit, then you should because they are a pain in the ass.
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Old 03-13-2016, 08:25 PM   #14086
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Re: [LC/No Strat] How do your handle your cash?

Yeah, tax is not an issue for me as I play recreationally in Australia. So my solution is convenient if you don't mind creating bank records and of course, if you're OK taking the risk of having cash in your home.
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Old 03-13-2016, 08:53 PM   #14087
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Re: [LC/No Strat] How do your handle your cash?

Install a fake electrical outlet and store your roll in that.
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Old 03-13-2016, 10:39 PM   #14088
VolumeKing
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re: Winrates, bankrolls, and finances

YTD

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Old 03-13-2016, 10:53 PM   #14089
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re: Winrates, bankrolls, and finances

The sickest thing is that you have already put 500 hours in.
50 hours a week. Sick
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Old 03-13-2016, 11:04 PM   #14090
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Re: [LC/No Strat] How do your handle your cash?

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Originally Posted by spikeraw22 View Post
When i had this problem I kept 10 BI hidden in my house. The rest I put in a safe deposit box. It's easy to get at, and keeps the IRS from looking at your transactions. Not that I'm advocating hiding income, but if you can avoid an audit, then you should because they are a pain in the ass.
Exactly this. You only need to be depositing what you claim you make on your taxes.

Sent from my SCH-I545 using 2+2 Forums
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Old 03-14-2016, 12:01 AM   #14091
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re: Winrates, bankrolls, and finances

He is volume king.
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Old 03-14-2016, 12:40 AM   #14092
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Re: [LC/No Strat] How do your handle your cash?

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I keep roughly 7 to 10 buyins in cash in my home. Rest goes in the bank.
Address?
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Old 03-14-2016, 12:52 AM   #14093
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re: Winrates, bankrolls, and finances

What you gonna do with $70 - $100?
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Old 03-14-2016, 12:59 AM   #14094
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re: Winrates, bankrolls, and finances

Gotta hunch on a horse
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Old 03-14-2016, 01:22 AM   #14095
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re: Winrates, bankrolls, and finances

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Originally Posted by suited fours View Post
Address?
Huh? Well it's 76 Belmore Aven...hey wait a minute!

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What you gonna do with $70 - $100?
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Old 03-14-2016, 09:30 AM   #14096
ibelieveyouoweme$80k
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re: Winrates, bankrolls, and finances

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Originally Posted by Angrist View Post
+$2195 in the last 29.6 hours for $74/hr ... I've turned the corner into crusher territory and should quit my job, right?
Meh. That's nothing.

I'm at $2,431 over my last 13.5 hours (Saturday and Sunday night).

I'm currently projecting to $300,000 over the next 52 weeks.

Sustainable?
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Old 03-14-2016, 09:39 AM   #14097
pkrPlayerBr
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by DonkeyCopter View Post
I said in my 600 hour update that I would update my results here every 100 hours, so here goes:

1/2, 1/3, no other filters

Total Hours - 701.56
Total Profit - $43,183.00
Hourly - $61.55

Lat 10 sessions:

HoursProfit
5.92$735.00
6.10$390.00
6.00$160.00
6.05$165.00
5.55$180.00
5.40$596.00
5.58$640.00
6.15$878.00
6.00($189.00)
5.63$365.00

Garth:


Very Nice. I am glad to see someone beating for more than 20bb/hr. It is not just me, although I am probably running hot. Lol. I will start doing the same every 100th hour.

Keep up the good run!
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Old 03-14-2016, 09:46 AM   #14098
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re: Winrates, bankrolls, and finances

Currently -$2987 over last 12.5 hours.

hoping to lose atleast 1.5MM by year end.

thoughts on if this is a sustainable loss rate if I game select well?
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Old 03-14-2016, 09:54 AM   #14099
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re: Winrates, bankrolls, and finances

haha, love it deadfish.

This thread have becomed a freaking trainwreck for a loooong time ago either way, so we might as well have some fun with it.
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Old 03-14-2016, 02:36 PM   #14100
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re: Winrates, bankrolls, and finances

What would be considered on topic to you?
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