Well, you can check the staking forum, but AFAIK, unless you're part of a poker-house, not so much.

That's what I figured. I think my ROI of sitting in btc is greater than my hourly playing, so it's kind of silly to even attempt to play for now. I'll wait until the market settles down I guess.

I've thought about staking before, and I've basically come to the conclusion the benefits just dont outweigh the risks. With online its very easy to verify results and ensure your horse is doing what he says he is. With live, unless you're living in the same area and know dealers there or whatever, there's no possible way to know you're not under-reporting results or taking some off the top etc. It requires a great deal of trust that you can't exactly give a stranger.

I think this is a good time to do some studying or playing lower. Or, if you have a bunch of money in BTC, hey, maybe just relax and live life a little.

Yea I never play if I have to have a time limit for those exact reasons. I wish being down didnt effect my play. Unless your over rolled its tough especially when live players are so bad and you just cant win like I had yesterday dropped 3 1/3 buy ins then I go to 2/5 and lose a max 200bb buy in.

It happens. Poker is hard to consistently win at. Hence why >80% of players are losing players.

PROBLEM SOLVING QUESTION:

two friends are deep in a $750 buyin, they're both ITM and one of them (player 1) asks to buy 5% action of the other (player 2) when there's 9 players remaining...

Chip stacks:
Seat 1: 390k
Seat 2: 336k
Seat 3: 168k
Seat 4: 779k
Seat 5: 757k (player 1)
Seat 6: 648k
Seat 7: 406k (player 2)
Seat 8: 553k
Seat 9: 1006k

Blinds are: 8k/16k/2k

9th - $2470
8th - $3080
7th - $3860
6th - $4730
5th - $6170
4th - $7890
3rd - $10110
2nd - $15055
1st - $22030

Player 1 ends up winning, player 2 ends up coming 3rd for $12500 after a deal was made 4 handed. They then played for $1k.

How much does player 1 need to pay player 3 to buy 5% of his action at that stage in the tournament?

Any help much appreciated.

If you don’t know, you probably shouldn’t make these kinds of deals.

I didn't make the deal, it was two friends of mine.

They should have agreed to this ahead of time. I think the fairest way is for player 2 to owe player 1 5% of the difference between his cash and the ICM value of his chipstack at the time the deal was made.

The ICM value was $7358.88

Player 2 owes player 1 .05*(12500-7358.88) = $257.06

http://www.icmpoker.com/icmcalculator/#LJKR

Edit: Double check to make sure I entered the correct information if you decide to use this method.

My man's! That's what I thought the answer was also. Cheers.

Go online, find an ICM calculator input stacks and prizes and come up with the ICM value of this stack. Then pay 5% for that.

I wish I could, there is just no way to track the results in live poker.

Dizzy. Where do you play? Parx?

Correct

Been a while since I've posted, so here's the update for the year.

2017 NHLE (Mostly $1/2) $1404.0 over 220.6 hours, $6.36/hr
2017 Other ($1/2 RxR and PLO) $2031.0 over 348.8 hours, $5.82/hr
2017 All $3435.0 over 569.4 hours, $6.03/hr

Kind of sad results over all this year. $6/hr isn't particularly good.

This year the local home games have gone from running mostly $1/2 NLHE with some big donators to running more and more PLO. We were doing NLHE until 9pm, then RxR until 1a or midnight at first, then it crept earlier and earlier until we're starting with RxR and switching to PLO by 10pm. We've still got a lot of donators that just *love* to pot-pot-pot with almost anything, just because it's been checked to them.

I'm not particularly rolled to fire off multiple $500 bullets in a PLO game, so I've played mostly the nit-pot style preflop and just piled it in for $100-200 with AAxx dingle or double suited and prayed to hold up 4-5 ways. Or see a flop as cheap as possible and re-pot with the nuts and a re-draw. Has not worked out too well for most of the year. $2k downswing in August plus a lot of generally disappointing results. Up until November. Won 9/10 sessions for +$3680 over. So I am now a PLO god. (Never mind the 48 hour sample.)

While I'm not happy with my NLHE numbers either, my volume has been low and a couple of brutal sessions really dragged it down. One $800 pot puts me back to almost $10/hr. We'll see what it looks like in detail at the end of the year.

Sick volume. Plo is a game where when you're losing you're pretty confident its unbeatable and when you're winning you wonder why you dont play it all the time.

I've said it before, and I'll say it again: Angrist is my fave poster in this thread, posting thinly positive results over probably longer hours (with the exception of Squiddy?) than anyone else in this thread. Kudos for keeping with it, tracking it, and posting it, no matter how unimpressive the results seem to you.

Gwinning,imoG

+1

Yea, I guess so. I play a regular home game that's a few minutes away from my house a lot. So I get 4 hours a night 3 nights a week, along with some food and beer. I might be a degen.

PLO has been an interesting and frustrating transition. There are a lot of guys that I know that can find no reason to fold any PLO hand. J722 rainbow? Call a raise and pile it in with a set. Just got stacked for $400? Re-buy for $500, straddle that button, and yell "POT" before looking at your hand when it gets called around to you. Total insanity. But it makes a lot of the PLO literature out there less than applicable.




Thanks. I'm also my favorite poster

I can't really imaging playing and *not* tracking results. Although the longer I've done it the more I realize how deceptive most of the common sample sizes are, and just how much "luck" is a factor in live poker. There are guys that I know that are just horrendous but they sun-run like sickos for a year or two. Makes me feel better when going a month or two getting beat repeatedly with awful suckouts at least.

I posted this earlier today in my 1000 hours thread, but if just 2 hands in my ~500 hours to date this year went into the win column instead of the loss column (getting in 133bbs+ preflop with AK as a fave), my winrate for the year would be 50% higher than it is.

Course, that's not saying much, since my winrate sucks this year.

Ginb4"what's50%ofzero?"G

Angrist, allow me to boost your self-esteem! This is 80% 1/3, 8-12% 2/5, 8-12% 1/2.

In the ~600 hours prior to my current sample (summer 15-summer 16), I made about 10k for an hourly of about $16. I thought Poker Income had my data backed up, but it didn't so I'm relying on the memory of that beautiful giraffe.

In my last 629 hours (mostly 2017, but some latter part of 2016 in there too), I've made a whopping $2626 for an hourly of $4.18. All that work and it's not even $4.20 dammit. I can't believe it's not worse, it feels so brutal so often.

The real kicker is I've put WAY MORE work into my game during those 629 hours than I had at any time previously. I have a kid due in Feb, so won't get nearly as much volume in now. Oh well.

Oh, I believe it.

I'm up to 5293.9 hours in my log overall now, going back to 7/2/2008 (4392.9 of those are $1/2 NLHE). One of the plots that I generate when I do a real detailed look is a 'trailing winrate' plot, where for every session I pull the results for the previous 100 hours, and 500 hours, then calculate a winrate for that period. (This is all in Matlab because overkill.) The original idea was just to see how much volatility there was over a month or two ... and holy **** is there a lot.

I don't have one handy, but there's easily +-$40-50/hr in 100 hour samples. And to get to your point, a lot of variability in 500 hour samples. There are a few that were even negative. That's a tough stretch to play through.

At the end of the day though, my other primary hobby *costs* me about $20/hr, plus equipment. So this isn't so bad.

Thanks for posting cannabusto!

Just keep in mind: the overwhelmingly vast majority of people who play this game lose money. You're still in the minority / top x%.

Gkeeppluggingaway,imo!G

You're forgetting the beer/wings afterwards?

Galsoplayshockey,butdoesn'tdrinkG