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Old 02-25-2017, 03:06 PM   #18301
23LBJ23
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re: Winrates, bankrolls, and finances

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Originally Posted by bluesbassman View Post

I was never completely happy with any of the commercial live tracking apps (and I'd rather poke out my eye with a sharp stick than rely only on excel), so the plots are from my own tracking utility I coded in matlab, which I have installed on my home pc. It makes it reeeeally easy to filter my results however I want (by date, hours, stakes, venue, etc) as well as run whatever stats I want



I found it extremely odd ur capable of coding ur own tracking utility, but u don't know how to do something as easy as filter results in Excel. So many easy ways to do it.

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Old 02-25-2017, 03:22 PM   #18302
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re: Winrates, bankrolls, and finances

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Originally Posted by 23LBJ23 View Post
I found it extremely odd ur capable of coding ur own tracking utility, but u don't know how to do something as easy as filter results in Excel. So many easy ways to do it.

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Of course I can do it in excel, but I strongly prefer matlab. I already had it installed for other reasons, and it's a more powerful and flexible tool imo. YMMV.
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Old 02-25-2017, 03:39 PM   #18303
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re: Winrates, bankrolls, and finances

Yo Bluesbass

killin poker @ 13 bigs per hr
day job
500 hrs in a little over a year

Well done sir!
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Old 02-25-2017, 03:40 PM   #18304
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re: Winrates, bankrolls, and finances

Once you know a couple of programming languages, or have some MATLAB experience, clicking buttons and cells and using archaic reference structures in Excel is like chinese water torture.

I use an online tracker to store/enter my results, and post-process for more detail in Matlab too.
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Old 02-25-2017, 05:17 PM   #18305
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re: Winrates, bankrolls, and finances

Don't u need like a million gigs of ram and a billion quad core processors to run that Matlab?

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Old 02-25-2017, 05:31 PM   #18306
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re: Winrates, bankrolls, and finances

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Don't u need like a million gigs of ram and a billion quad core processors to run that Matlab?

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No, not unless you are using it to perform some intensive numerical analyses. In that case it's more a function of the application rather than running matlab itself.

MATLAB system requirements
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Old 02-25-2017, 05:31 PM   #18307
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re: Winrates, bankrolls, and finances

/tangent now, plox.
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Old 02-25-2017, 05:57 PM   #18308
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re: Winrates, bankrolls, and finances

Anyone else here not track their wins losses?
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Old 02-25-2017, 09:05 PM   #18309
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re: Winrates, bankrolls, and finances

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Anyone else here not track their wins losses?
Not tracking doesn't sound fun at all
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Old 02-26-2017, 03:21 AM   #18310
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re: Winrates, bankrolls, and finances

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Not tracking doesn't sound fun at all
It sounds very fun if you're a losing player.

I'd hate to look at all that red.
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Old 02-26-2017, 04:36 AM   #18311
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re: Winrates, bankrolls, and finances

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Anyone else here not track their wins losses?
Lately I've only been playing about once a week. Any information that I could extrapolate by tracking results is completely irrelevant given the lol sample size. If I'm the best player at the table, I know it. If I'm playing the worst at the table, I know that too. I don't need to track results to validate my skills, nor do I need them to tell me if I suck.
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Old 02-26-2017, 06:24 AM   #18312
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re: Winrates, bankrolls, and finances

Nice to know how much you won or lost in the year though...
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Old 02-26-2017, 10:07 AM   #18313
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re: Winrates, bankrolls, and finances

nah dream crusher is young, rich, and retired.

he plays hard, plays for fun, and plays to phuck with peoples minds...kind o like how he poasts.

he knows hes winning but the money prolly doesnt even register on the radar...in terms of impacting his lifestyle. Kind of like us getting together 1x per week to play 5c - 10c.

is that about right DC?
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Old 02-26-2017, 01:07 PM   #18314
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re: Winrates, bankrolls, and finances

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Originally Posted by Dream Crusher View Post
Lately I've only been playing about once a week. Any information that I could extrapolate by tracking results is completely irrelevant given the lol sample size. If I'm the best player at the table, I know it. If I'm playing the worst at the table, I know that too. I don't need to track results to validate my skills, nor do I need them to tell me if I suck.
Supposed to have those records for the IRS.
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Old 02-26-2017, 08:43 PM   #18315
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re: Winrates, bankrolls, and finances

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nah dream crusher is young, rich, and retired.

he plays hard, plays for fun, and plays to phuck with peoples minds...kind o like how he poasts.

he knows hes winning but the money prolly doesnt even register on the radar...in terms of impacting his lifestyle. Kind of like us getting together 1x per week to play 5c - 10c.

is that about right DC?
That's pretty spot on. Although, some of the terms you used are relative. For instance, the term "young." I look young, and am young relative to most retired people, but in general I'm getting quite up there in years.

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Supposed to have those records for the IRS.
Thanks. My point was mainly in regards to tracking winrates or session wins. I'll count the cash I use to gamble with at the end of the year (if I haven't lost it all) so that i know how much I'm up or down for the year (for tax purposes only though).

Please make sure and tell everyone you see at the casino they need to track theirs as well because I'm pretty sure most people don't know.
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Old 02-27-2017, 11:45 AM   #18316
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by Angrist View Post
Once you know a couple of programming languages, or have some MATLAB experience, clicking buttons and cells and using archaic reference structures in Excel is like chinese water torture.

I use an online tracker to store/enter my results, and post-process for more detail in Matlab too.
Why not just compliment it with VBA code? It's not like your trying to code the next AI. Where just talking about essentially filtering results and a maybe a couple of other bells and whistles.

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Old 02-27-2017, 12:15 PM   #18317
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*** Official Winrates, bankrolls, and finances ***

Quote:
Originally Posted by Dream Crusher View Post
Thanks. My point was mainly in regards to tracking winrates or session wins. I'll count the cash I use to gamble with at the end of the year (if I haven't lost it all) so that i know how much I'm up or down for the year (for tax purposes only though).

Please make sure and tell everyone you see at the casino they need to track theirs as well because I'm pretty sure most people don't know.

Not that this applies to you, more of a general statement.

I believe for tax purposes, if you're a pro gambler you would need actual hand written session logs as back up in case of audit. Even an excel spreadsheet is not good. Granted, last time I actually had an intelligent conversation about this was like 5 years ago and I'm not a CPA, so things could have changed

I believe rec gamblers can just do an end of year net gain/lost though

Again, I'm not a CPA, so consult one before believing some rando on the interwebs
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Old 02-27-2017, 02:25 PM   #18318
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re: Winrates, bankrolls, and finances

VBA is clunky in its own right and not horribly portable. Matlab is a great platform for a lot of things, so if you have a license it's an easy solution.

I've read that electronic logs were acceptable for tax purposes, but never had to deal with the IRS about it to be sure. It's hard to think they would really need/want a handwritten book. Would be harder for them to read/audit that way too.

I wouldn't want to try to hide $40k in income. Anything under about 10% of your official salary should be easy enough to miss that if you pay cash for a few things a year it wouldn't be obvious in an audit. Personal decision I suppose.
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Old 02-27-2017, 03:34 PM   #18319
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re: Winrates, bankrolls, and finances

Electronic logs are fine, letter of the law wants paper/pen but courts aren't stupid. Thank god for activist judges using their brains.
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Old 02-27-2017, 03:37 PM   #18320
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re: Winrates, bankrolls, and finances

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Originally Posted by BigSlick777 View Post
I had several W2G's in the last couple years from slots. This year was my best year with 6 wins totaling 25k. I would never report poker wins or other casino games, but if you hit jackpot wins where they require paperwork, you must report it. I even out my big wins in past year for $25,000 with withdrawal receipts and reported all these casinos losses and end up not owing taxes on it. For poker, I just don't think I would bother unless you are really earning a living at it, not for anything under 40-50k a year. Its not really traceable especially if you have other income to compliment it. Save that cash, buy a rolex, laptop, cool toys and stuff with it.
This is a felony fwiw
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Old 02-27-2017, 06:20 PM   #18321
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re: Winrates, bankrolls, and finances

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Electronic logs are fine, letter of the law wants paper/pen but courts aren't stupid. Thank god for activist judges using their brains.


Agree that electronic is probably ok, but if I was pulling in 100+k/year, I'd spend the $3 and 5 minutes a day on a notebook and jot it down for file. Plus you never know when your computer/phone will crash, never hurts to have a backup
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Old 02-27-2017, 06:23 PM   #18322
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Electronic logs are fine. All the IRS does is reasonably track/guess your expenses (rent or morgage, insurance, etc) and compare that with ur reported income. If your expense are estimated to be like $80k and u report $15k of income, the IRS will come a knocken at some point. Just lawfully report your income as accurately as u can and youll be fine. It's 2017, turbo tax, hr block, etc., electronic tracking is fine.

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Old 02-27-2017, 06:25 PM   #18323
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Agree that electronic is probably ok, but if I was pulling in 100+k/year, I'd spend the $3 and 5 minutes a day on a notebook and jot it down for file. Plus you never know when your computer/phone will crash, never hurts to have a backup
The cloud + an external HDD and no worries. Then have 3 sources to hedge worse case.

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Old 02-28-2017, 02:40 AM   #18324
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Whats ur take on buying in short for 1-2 to 3 for building a BR?


apk ~
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Old 02-28-2017, 03:16 AM   #18325
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IMO never buy in short. Get a bigger bankroll to begin with or shot take with a smaller roll and be happy to go bust buying in full.
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