Quote:
Originally Posted by PaulyJames200x
I played live poker back in 2012 for a few months back in vegas. However, i mostly played 1/3nl. I believe my win rate was around 24/hr or so and this was about 410 hours total in around a 2.5 month span. I played lot of poker during this time. However, poker in vegas such as low stakes as in 1/3nl probably is a bit tougher than it was around 2012? I still recalled back then when i was there, i was pretty shocked that there wasn't even much 2/5 games that ran back then. However when i was there, it was basically low season in vegas for poker so thats why.
I was just in Vegas at the end of August. Games were slow, but that's August in Vegas according to the locals I chatted with. I'd been there in August 2 years ago and the game conditions were pretty much the same. When I've been there in late Oct or Feb it's been significantly busier. Game hasn't really gotten any harder since 2010 or so, just a little less traffic.
Quote:
Originally Posted by PaulyJames200x
I'm from NY originally. What would probably be the best option to play live poker? I use to play at borgata and taj many years ago but this was 1/2nl just playing it for fun etc. The other thing is at borgata, back then i would be able to get 2 free rooms a night and at taj mahal as well so i get comped rooms. However, for those of you that play full time live, i assume all of you drive to the casino etc? I assume no one has an apartment that is either very close walking distance or just a bus ride away? I know in the east coast, the best poker rooms are borgata, parx and maryland live right?
<snip housing>
Well the Taj closes today, so that's out.
I've heard good things about Foxwoods. Parx is apparently good. Mt Airy is closeish to the City if you can get to 80 and shoot out. (Closer than AC for sure).
I know some people here in MI that play for all/most of their income. They drive.
You should probably go ask in the local community threads for each place you're considering to find out what the locals do.
Quote:
Originally Posted by PaulyJames200x
As for winrates, I haven't been to a casino in a while. But are the top regs at 2/5 making around 50/hr? <snip> I read someone here mentioned he had 50 buyin downswing at 2/5nl and was considered solid player by others. I assume this is not normal and very rare? I'm assuming 10 buyin downswing would be very standard?
A "good" winrate is typically 10bb/hr, crushing may be as high as 20bb/hr.
I'd expect 2 BI swings easily at any given point. For longer swings refer to the previous couple of pages of discussion about standard deviations and variance.
I've had 10-15 BI downswings at $1/2. 50 seems insane, but possible if you're tilting on the way down I guess.
Quote:
Originally Posted by PaulyJames200x
The other thing is when i look at pokerbravolive, is there a reason why most poker rooms can't even get 5/10nl going? <snip>
I always hear people say vegas is the worst place to play poker. Is this true now? I know it was a few year ago when few people mentioned this.
There's no market for it. $2/5 plays big enough most days once it gets rolling.
Meh, maybe. I think the games are juicier in some other markets. Plus in a place like Florida you've got the ocean and no state income tax.
Quote:
Originally Posted by PaulyJames200x
I look at borgata... i rarely see a 5/10nl that runs on the weekdays. I mean how can the premier poker room on the east coast not have 5/10nl running on a weekday even at night?<snip more rambling>
Again, there's just no market for the game. The high stakes players are either content with deep $2/5, or are playing PLO now. OR they're in home games.
How much money do you really think is getting thrown around at poker tables during the week?
I really doubt there are as many 5/T pros as you think there are. And even if there were, there aren't the rec players to support it.
Quote:
Originally Posted by PaulyJames200x
Also for winrates, what is considered a goodrate at 1/3nl, 2/5nl and 5/10nl nowadays? <jesus more snipping> And for the people who play full time, would it be right for me to make an estimate that solid regs but not elite regs are making around this a year?
Quote:
Originally Posted by PaulyJames200x
1/3nl $20,000-$40,000
2/5nl $30,000-$60,000
5/10nl $40,000- $70,000
10 bb/hr is good, 20bb/hr is pretty much crushing it. Extrapolate from there. Full time work at 40 hours a week is about 2000hr/yr, so $60k for $1/3 at 10bb/hr if you can maintain that. I'd go about half that to be realistic.