Open Side Menu Go to the Top
Register
Winrates, bankrolls, and finances Winrates, bankrolls, and finances
View Poll Results: What is your Win Rate in terms of BB per Housr
Less than 0 (losing)
5 6.41%
0-2.5
0 0%
2.5-5
6 7.69%
5-7.5
8 10.26%
7.5-10
15 19.23%
10+
26 33.33%
Not enough sample size/I don't know
18 23.08%

05-07-2017 , 06:53 AM
I want to play 5/10 but I don't have enough money. How do I have more money?

That's what I hear, at least.

Just figure out what you can afford to lose and take a shot if the game is good. If you need X to play 2/5 you don't need 2X before you can play a single hand of 5/10 in your life.
Winrates, bankrolls, and finances Quote
05-07-2017 , 10:13 AM
Quote:
Originally Posted by KevinTheWorkman
I have two rolls, one for life expenses and one for playing poker. I use my life roll to buy food, pay the rent, etc. I want to maintain a years worth of expenses in my life roll. Since I spend money each month I have to replenish the life roll periodically. Since my source of income is poker I have to do it with poker winnings. Also I have a roll for $2/5 but not $5/10. In order to build a roll for $5/10 I have to add my winnings from poker to my poker roll. Therefore I am using my poker winnings to fund two bankrolls, to replenish my life roll and increase my poker bankroll. Poker results in the short run are volatile. How do you manage this?


If I ever was to play professionally, I would determine what I wanted to "pay myself" per hour. This number would be lower than my expected hourly, cover my living expenses + add money for savings. Say I had a $50/hr win rate, I would pay myself $30 into my life roll for example. So from my poker roll, at the end of every week, I would just pay my life roll from my poker roll (X hours played)($30), regardless of how I did that week. If I played 30 hours and had an amazing week and made $3k, I still only pay myself $900 into my life roll. If the next week I played 30 hours and broke even, I still pay myself $900 into my life roll.

there are many ways you can implement some strategies to do what you're asking, that's just what I would do

Good luck, hope that helps
Winrates, bankrolls, and finances Quote
05-07-2017 , 10:24 AM
Quote:
Originally Posted by KevinTheWorkman
I have two rolls, one for life expenses and one for playing poker. I use my life roll to buy food, pay the rent, etc. I want to maintain a years worth of expenses in my life roll. Since I spend money each month I have to replenish the life roll periodically. Since my source of income is poker I have to do it with poker winnings. Also I have a roll for $2/5 but not $5/10. In order to build a roll for $5/10 I have to add my winnings from poker to my poker roll. Therefore I am using my poker winnings to fund two bankrolls, to replenish my life roll and increase my poker bankroll. Poker results in the short run are volatile. How do you manage this?
Hopefully your 2/5 hourly win rate times your total number of hours played (minus taxes) equals more than your monthly bills. Otherwise you will run out of money eventually no matter how big your life roll is.

Can you live off of 80% of your 2/5 win rate? If so, put the other 20% towards the future 5/10 game roll and take shots maybe once a week now when the game looks soft.
Winrates, bankrolls, and finances Quote
05-07-2017 , 05:46 PM
This may be a strange question but what's a normal standard deviation range for live 1/2-1/3 type games?

I've always used 60-80 bb/hr as a range, just from various things I read. I played some 2-100 SL way back when and my SD ended up being about 110 bb/hr. I kind of chalked this up to being pretty LAGgy and small sample size, and kind of kept using 60-80 as a range. But recently I recalculated my NL stats and it's now way lower, like unreasonably low at 47 bb/hr. I'm probably LAGgier than ever so off the bat let's just rule out the possibility that's actually correct.

1. In the absence of any information, what's a good estimate, like if you calculated the SD for the 25th and 75th percentile LLSNLer?

2. Assume I'm LAGgy but not ******ed. Like preflop VPIP/PFR may be 20/15 to 23/17 (FR). How sensitive is SD to style of play? How unreasonable is 110?

3. California games seem to be considerably softer than other places. Does anyone know of any significant differences between CA/non-CA SDs?
Winrates, bankrolls, and finances Quote
05-07-2017 , 06:41 PM
Quote:
Originally Posted by callipygian
This may be a strange question but what's a normal standard deviation range for live 1/2-1/3 type games?

I've always used 60-80 bb/hr as a range, just from various things I read. I played some 2-100 SL way back when and my SD ended up being about 110 bb/hr. I kind of chalked this up to being pretty LAGgy and small sample size, and kind of kept using 60-80 as a range. But recently I recalculated my NL stats and it's now way lower, like unreasonably low at 47 bb/hr. I'm probably LAGgier than ever so off the bat let's just rule out the possibility that's actually correct.

1. In the absence of any information, what's a good estimate, like if you calculated the SD for the 25th and 75th percentile LLSNLer?

2. Assume I'm LAGgy but not ******ed. Like preflop VPIP/PFR may be 20/15 to 23/17 (FR). How sensitive is SD to style of play? How unreasonable is 110?

3. California games seem to be considerably softer than other places. Does anyone know of any significant differences between CA/non-CA SDs?
Most good players Ive know quote their StdDev at around 100-110BB/hr.

I play pretty LAGgy preflop and I would say Im selectively aggro post flop. My StdDev over 2000+ hrs of 2/5 is 52 BB/hr.

I think most good players probably bluff the river more than I do making their StdDev higher but thats just a guess.
Winrates, bankrolls, and finances Quote
05-08-2017 , 12:16 AM
Quote:
Originally Posted by KevinTheWorkman
I have two rolls, one for life expenses and one for playing poker. I use my life roll to buy food, pay the rent, etc. I want to maintain a years worth of expenses in my life roll. Since I spend money each month I have to replenish the life roll periodically. Since my source of income is poker I have to do it with poker winnings. Also I have a roll for $2/5 but not $5/10. In order to build a roll for $5/10 I have to add my winnings from poker to my poker roll. Therefore I am using my poker winnings to fund two bankrolls, to replenish my life roll and increase my poker bankroll. Poker results in the short run are volatile. How do you manage this?
I ditch the concept of a life roll. It's not very useful.

Make more money by playing more hours, improving your game or reducing expenses.
Winrates, bankrolls, and finances Quote
05-08-2017 , 02:30 AM
This is when having a wife willing to make homemade porn on your phone comes in handy.
Winrates, bankrolls, and finances Quote
05-08-2017 , 08:12 AM
Quote:
Originally Posted by spikeraw22
This is when having a wife willing to make homemade porn on your phone comes in handy.
+1
Winrates, bankrolls, and finances Quote
05-08-2017 , 08:46 AM
Quote:
Originally Posted by johnny_on_the_spot
If I ever was to play professionally, I would determine what I wanted to "pay myself" per hour. This number would be lower than my expected hourly, cover my living expenses + add money for savings. Say I had a $50/hr win rate, I would pay myself $30 into my life roll for example. So from my poker roll, at the end of every week, I would just pay my life roll from my poker roll (X hours played)($30), regardless of how I did that week. If I played 30 hours and had an amazing week and made $3k, I still only pay myself $900 into my life roll. If the next week I played 30 hours and broke even, I still pay myself $900 into my life roll.

there are many ways you can implement some strategies to do what you're asking, that's just what I would do

Good luck, hope that helps
This is a solid strategy.

But lets be honest, this is all just mental masturbation, as all accounting is.

Really it's just a question of:
A) How much do you need to have for 1 year (6 months, 9 months) of money for living?
B) How much do you need in your bankroll to play?
C) How much cash (or equivalent) do you have?

Is A + B < C?

If yes, continue. If no, stop.

Rinse repeat every day / week / month / whatever.
Winrates, bankrolls, and finances Quote
05-08-2017 , 02:54 PM
Quote:
Originally Posted by TheJackhammer
<~~~~~ n00b.

Anyone have long term success, and feel like nothing's missing by just keeping a plain vanilla spreadsheet with W/L, hours, and date information ? Getting back into the swing and this is all I used when I was playing full time.

I get that I can...work out pie charts and standard deviations and other whirligigs, but I like to KIS. Trying to figure out if I'm just lazy and if there's some real value to the more granular approach that I'm missing, or if it's really just personal preference.
I have a 3'x2.5' dry erase board monthly calendar that I keep track of these stats
1. number of hours played (this is always a whole number)
2. Profit(green ) or loss(red)
3.Running monthly total profit
4.year to date hourly rate

I do not keep track of tips, food paid with chips. I round the hours played up or down accordingly, and I let Hendon Mob track my tournaments b/c they only list the cashes.
Winrates, bankrolls, and finances Quote
05-08-2017 , 05:40 PM
Quote:
Originally Posted by spikeraw22
This is when having a wife willing to make homemade porn on your phone comes in handy.
We need to extract maximum value in these kinds of situations. Make other dudes pay $1k each to star in the video in your place, obv.
Winrates, bankrolls, and finances Quote
05-08-2017 , 05:50 PM
Quote:
Originally Posted by Shuffle
I just wanted to put this out there for everyone who wishes to play poker full-time, or has ever been down on their luck and running bad. A word of caution: no matter how bad you are running, it can continue indefinitely. No matter how comfortable you think your roll is, it may not be enough. Whatever can go wrong for you at some point in time, probably will. If you want to play poker seriously, you have to be mentally prepared for the impossibly bad to happen.
<snip>
Thanks for posting. I feel much less ****ty about going almost totally breakeven since September, and having session after session of totally nothing happening. (82o - fold, J3o - fold, Q5o - fold, T9s - nice a hand I can play - raise/call/3-bet/ship **** fold, AA in the BB! - folds around to the SB to chop)

Quote:
Originally Posted by spikeraw22
This is when having a wife willing to make homemade porn on your phone comes in handy.
I don't believe you. Prove it

(Incidentally, also the proper response to a woman making a statement about a piercing or interesting tattoo.)
Winrates, bankrolls, and finances Quote
05-09-2017 , 08:13 PM
Drop down dude.
Winrates, bankrolls, and finances Quote
05-09-2017 , 08:19 PM
Move up to where they respect your raises
Winrates, bankrolls, and finances Quote
05-09-2017 , 08:46 PM
I stack off with gutshots too
Winrates, bankrolls, and finances Quote
05-09-2017 , 08:50 PM
Shuffle, I'm sorry that you're having a tough time, but that is not the right time to try to FPS your way out of it. Play a low variance strat for a while.
Winrates, bankrolls, and finances Quote
05-09-2017 , 08:57 PM
Quote:
Originally Posted by Shuffle
First hand tonight there is a $10 straddle and a call. I make it $50 with KQdd, and get 2 callers. Flop is J9x and I get it in vs QTo and lose to K x runout. This is fun.



Bankroll from $10k to under $3k in 3 weeks.


Quote:
Originally Posted by meale
I stack off with gutshots too


Basically this.

You might want to sit out a few days. Go do something to take your mind off of poker. From your last few posts, just from the outside looking in, you're basically on monkey tilt.

How you're getting 500bb in the hole in 1 session while already on a major downswing is kind of incredible to me. I know some people don't like stop losses because if a table is good, we should play, but jfc, there is no way you're playing your A game through all of this.

Rack up, take $100 and go get a massage. It will be better money spent than trying to run it up
Winrates, bankrolls, and finances Quote
05-09-2017 , 09:11 PM
I don't think the problem is the downswing so much as the bankroll. In December, I also had a $7k downswing, but I was comfortable with my bankroll and it wasn't that big of a deal. OTOH, I have gone through other downswings while not being properly rolled and it's grating and unbelievably stressful.

Letting it go for a couple of weeks until you clear your head up and put in some study is the best solution if you can afford it. But if you can't and you depend on the money, take a couple of days off, move down stakes and go in with the mindset of being as being as mentally tough as possible. Easier said than done obviously. Keep reminding yourself that the only thing that matters is making the right decision.
Winrates, bankrolls, and finances Quote
05-09-2017 , 09:42 PM
Well boys, finally saved up about 1500$ for a BR for part time bankroll in 1/3.
I play to play Friday/Saturday maybe Thursday. All nights of course.

So far Im doing OK Down 60$ over 17hours, not bad i think. Gonna start to tighten up.

I think im going to be buying in with 250$. But so far im buying in 100bbs and its going well. The reason I want to buy in for 250$ is for BR purposes. Maybe even 200.

Any insight on this?
Winrates, bankrolls, and finances Quote
05-09-2017 , 09:43 PM
I suggest putting $100 online and staying off the real life tables for a good long time.
Winrates, bankrolls, and finances Quote
05-09-2017 , 10:06 PM
Quote:
Originally Posted by Shuffle
Thanks for the responses. I take money out of my roll all the time, but I've kept it between $10k-$25k for a few years now. Whenever I go on a bad run and get under 10k, I drop down for a bit, take a break etc. Never went below 8k the entire time. Didn't work these last few weeks obviously.
There's your problem imo. I take it you're playing professionally? You should have 10k min for 2/5 imo as a bankroll exclusively. Which means you should have maybe another 10k for x months life expenses. To operate on 10k for life and poker roll seems very risky. I'd also suggest saving some % of winnings to increase your net worth with. If you're fluctuating 10-25k and not saving any money, variance will fk you up and how are you going to improve/move up/get out?
Winrates, bankrolls, and finances Quote
05-09-2017 , 10:06 PM
Quote:
Originally Posted by spikeraw22
I suggest putting $100 online and staying off the real life tables for a good long time.


Most should do this regardless. There is no substitute for the shear amount of hands played online. Online and live obv play differently, but transitioning concepts from one to the other isn't super complex and any winning player should be able to do it with some degree of success
Winrates, bankrolls, and finances Quote
05-09-2017 , 10:18 PM
I've heard mdu had 12evbb/100 win rate at plo500 zoom does anybody have a link?

Sent from my SM-G850W using Tapatalk
Winrates, bankrolls, and finances Quote
05-09-2017 , 10:21 PM
Quote:
Originally Posted by rickyt88
I've heard mdu had 12evbb/100 win rate at plo500 zoom does anybody have a link?

Sent from my SM-G850W using Tapatalk
Over what sample? Seems highly unlikely that would be a 200k+ hand sample.
Winrates, bankrolls, and finances Quote
05-09-2017 , 10:22 PM
I'm not sure it was posted to 2+2 but i cant find it. I just realized thread was for live cash I'm on the phone I only saw official win rate.

Sent from my SM-G850W using Tapatalk
Winrates, bankrolls, and finances Quote

      
m