Quote:
Originally Posted by Richard Parker
Same condition, I'd say 10k.
Would have a lot more fun with bigger roll, but at minimum, 10k is sufficient.
I think this is really low for 2/5. I'm assuming you are just counting bankroll only, and there is a separate liferoll. Two things though. First, I've had a 10K downswing at 2/5, don't believe I was playing poorly, and even with that included my long-term winrate is quite good. Secondly, I think people should look more at where they need to move down and in reality a 10K roll for 2/5 is going to force you to move down after a relatively modest downswing. Now, if poker is not your sole source of income, you should be shot-taking 2/5 in that 10K ballpark for sure, but it's not what I'd consider a bulletproof 2/5 roll by any stretch.
Quote:
Originally Posted by squid face
volume king:
Here is the deal. Vegas (i believe that is where u currently are) is designed to separate people from their $$$. You my man have fallen into that trap
when you are playing poker you are WORKING.
if u had an office job would your boss be ok with you getting rubbed? NO FUKKEN WAY...especially at 2 $ per minute
not going to explain everything here but the following are unacceptable
stripperz
expensive meals
pit games
sports betting
drugs
clubbing
playing bigger
no offense but you are a classic example of a young pro trying to make it and going busto in vegas. Zero awareness of your life leaks and how they negatively impact your roll
I agree with most of this and it's a great post and many poker pros would be wise to pay a lot of attention to it. I see lots of people with huge spending leaks. Now, in my casino massages are only $1/minute, and I still RARELY get them (once or twice a year), but I actually think I should get them more often. My neck/back get pretty stiff if I'm putting in a lot of hours, and a 15 minute massage for $20 w/ tip is: a) cheaper than a full massage outside the casino b) may prevent me from needing that full massage as often and c) I keep earning some money during the massage.
But yeah, all of the other things you listed are just demolishing bankrolls. The number of people who are dusting off money sports betting, in the pit when they tilt (like it's not OK to tilt at the table, but it's OK to go play 100bb/hand blackjack or 100bb/spin roulette? Yeah, ok...), or on strippers when they win... I don't even like spending comps on expensive meals since I view them as a good way to cut down my food costs in the casino if I use them wisely.
Quote:
Originally Posted by Duke0424
me first, heres what i got over the last 5 weeks
Alcohol: $160.00
Amazon: $138.20
Car Insurance: $285.51
Dates w/ Jen: $705.50
Food: $223.00
Furniture: $65.00
Gambling: (-$746.00)
Gas: $127.50
Gifts: $208.50
Grocery: $387.00
Headphones: $54.00
Laundry: $7.00
Netflix/Hulu/XM: $48.00
Poker Coaching: $318.98
Rent: $1,593.00
Shoes: $21.00
Shopping: $308.00
Snoopy Stuff: $147.00
Student Debt: $100.00
Table Expenses: $114.00
Travel: $383.00
Weed: $250.00
totals just under $5k
Good job tracking all of this. I'm curious what table expenses are. Also, to make it a little easier for yourself in the future, you should have fewer categories. Rent, utilities, gas, car insurance, health insurance, food, entertainment, shopping, etc...
For example, Amazon ($138), furniture ($65), gifts ($208), headphones ($54), shoes ($21) and shopping ($308) could all really just be put down as shopping. Each one alone doesn't look too bad, but that's $794 on shopping in 5 weeks. Call it a 50 week year for simplicity, and that's 7.9K a year. You could definitely save some there, although if there were a lot of one-time expenses in that 5-week period, that's key and only you know for sure.
Also if that's -EV gambling (I'm assuming it is, sports?), you could save yourself a lot of money on that too. Assuming you ran a little bad and should have only lost like $500, that's still 5K a year.
Your entertainment is also pretty high: weed ($250), travel ($383), Netflix etc ($48), dates ($705), alcohol ($160), and probably some of the food falls under meals out which can be entertainment. I know the first two are probably pretty essential to your lifestyle and I'm not hating on Netflix, but the dates in particular are pretty expensive. $7K a year on dates is a ton, especially when you're already in a serious relationship.
All in all though, 50K/yr in spending isn't TERRIBLE, but you could definitely cut it down a bit.
Quote:
Originally Posted by Duke0424
Never get into a mindset where youre walking into a casino and automatically playing the biggest game that your BR will allow you to play. If i could go back, id have stuck around 1/3 $500max games for a little longer than I did. Its just so much easier to play your Agame, not tilt, not worry about the swings/money, and just sit your ass in the ****ing chair and get hours in if you play over-rolled
90+% of players i play with play under rolled. Even i play under rolled like every day. But i know if i just dedicate myself to 1/3 deep games, id crush everyone and make $40/hr literally variance-free. Btw its really easy to beat the **** out of someone whos under rolled
This is great advice. There are many times where people should be taking their A+ game max hourly in a smaller game instead of their B hourly in a bigger game, based on bankroll, etc. Like in your example, if someone is going to make $40/hr crushing 1/3, but has to play a different style at $2/5 and only make $40-45/hr OR make $60/hr but have bigger swings that force them down, cause stress, etc, they may be better off when you look at the EV of like their next 300-500 hours of poker to print the 1/3 money longer.