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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%

08-16-2018 , 10:48 AM
Quote:
Originally Posted by Shai Hulud
Boston is one of the most educated cities in the country. I'm skeptical it will be as soft as people think when all these MIT and Harvard guys come in to help earn money for their tuition...

Then again not sure how much time an MIT student has these days to do anything but study...still, lots of other universities in the area. And even the ones who didn't go to college had the best public high schools in the country.
I am 100% willing to put my money where my mouth is and wager as much as you want on this. I am certain we can find a mod who would be willing to escrow for us. I have seen enough new places open to state that it just does not matter how many skewls there are near by or how smart people are - when gamboolin comes a knocking the degens come out
Winrates, bankrolls, and finances Quote
08-16-2018 , 10:51 AM
Quote:
Originally Posted by bodybuilder32
Are you seriously worried about the fish studying upswing poker? Do you know how much content is out there, tons if it free, and the fish still call it off with top pair no kicker.



Most of the fish would misapply the concepts from upswing and become aggrotards. Some of your recent posts in the strategy forum have had me laughing due to fancy play at 1/3 you are attempting.


I just run a lot of bluffs bc that’s how I roll (lot as a guy who tries to keep vpip under 20, I run more if VPiP below 10 for an hour). That used to help my 1/3 winrate and help my 2/5 winrate as players at 1/3 are just so much more easily crushed w solid ABC poker + in the back 2 positions raise and Cbet 75%. Since I started playing again after a multi year hiatus, I can confirm that my local 1/3 plays a lot more like a 2/5 used to.


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Winrates, bankrolls, and finances Quote
08-16-2018 , 10:53 AM
Quote:
Originally Posted by Shai Hulud
It's tough but doable. I hadn't really played since 2011 but started playing live full time roughly one year ago. Made about 10BB/HR at 1/2 then moved up to 2/5 where I don't have a large sample yet but my winrate is on the absurd side.

Player pool is still quite weak but not as weak as it was so adjustments have to be made. The good thing about live though is pretty much everyone sucks even the winning players. There's almost nobody in my room I find particularly scary and I see lots of the "pros" doing dumb or transparent moves that might work on some of the fish but makes them easy to exploit.

I might find squid scary if I ever ran into him but at this point I think he's just a poker ghost story

But...if you have some decent paying legit job almost certainly better off sticking with that.


Ditto this on squid.

I feel like I’d discover it was squid when posting a hand I got lit up on and he’d just chime in “yeah boi, I was the winner in the hand and your money is currently on my table in the form of hookerz and blow”


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Winrates, bankrolls, and finances Quote
08-16-2018 , 11:20 AM
Quote:
Originally Posted by Angrist
Yea, I know all of that. Likely maxing both regardless. Employer plan contributes 10% salary to my 5%, which is crazy good. Also offers a full slate of options through what's basically a regular brokerage account.

The issue is more of where to put different classes of assets between the two. Stocks vs Bonds vs something that generates a lot of dividends. Can't tell if the Roth/Traditional or IRA/40x matters for those kinds of things. Can get effectively equivalent funds in either

PLO is covering pretty much all of my incidental expenses and food recently, so it's time to crank up the investing.
In terms of stocks vs. bonds, don't limit yourself to the 2 asset classes. There's alts, commodities, etc. that may be worth while to add to your portfolio that theoretically decreases risk and while maintaining/increases return added along stocks/bonds. That's a good situation. However, you can't ask a question on a forum like this (or any in general) and get the answers that best suite you. Everything is case by case based off your needs, ago, income, risk tol, etc. Talk to advisory if you don't want to spend any of your time doing it, or do some research on your own to save $. As Buffett says, its easier than you think to invest, but that's not to say its easy.

In terms of roth/traditional/403. Doesn't matter. Dividends, cap gains not taxed year to year. Tax now vs. later really does matter, though. Do you think your tax rate will be higher or lower when you retire? Really think about that question. Investing $15K pretax a year at 8% (generous) for 30 years would = $1.3M for a Roth/roth 403. If in traditional/403, but your tax rate were 10% higher at retirement = $1.1M. Almost $200K different. It matters.
Winrates, bankrolls, and finances Quote
08-16-2018 , 11:49 AM
Quote:
Originally Posted by MikeStarr
What makes me skeptical when it comes to the new Boston casino being super soft is the fact that those people already have places to play poker nearby. Is there suddenly going to be 100s of new people trying poker just because theres a new room in Boston? Or are the people who already play in rooms around the area just going to have a closer place to play?
This would be my take as well. Not to say that the players flocking to the room won't be bad per se, but rather saying that I highly doubt there are too many people sitting down at the poker tables in 2018 anywhere that don't have 10+ years of experience under their belt (yeah, they still still suck, but they don't suck to the this-is-my-first-rodeo extent).

Gveryfewnoobsenteringthegameatthispoint,imhoG
Winrates, bankrolls, and finances Quote
08-16-2018 , 12:00 PM
Quote:
Originally Posted by gobbledygeek
This would be my take as well. Not to say that the players flocking to the room won't be bad per se, but rather saying that I highly doubt there are too many people sitting down at the poker tables in 2018 anywhere that don't have 10+ years of experience under their belt (yeah, they still still suck, but they don't suck to the this-is-my-first-rodeo extent).

Gveryfewnoobsenteringthegameatthispoint,imhoG
Totally agree. But, the people who've been playing for 10 years are still dead money. It's just going to take a little more effort than it would as opposed to a total newcomer to the game.

Hey, isn't this what everyone in the poker industry wanted, bring more people into the game?
Of course, a lot of these new people have gained some experience over the years.
Be careful what you wish for boys.
Winrates, bankrolls, and finances Quote
08-16-2018 , 01:25 PM
A few questions. Hope this isn't too off topic.
I consider a "fish" as someone with little to no experience at the poker table.
As opposed to a fish, a " donkey " for me is someone with experience but who's still pretty bad.

Mind y'all, I don't actually use these terms about people when sitting at the table. Don't really find them that useful and I don't normally view people in derogatory terms. Anyways.

Would y'all agree to those interpretations?
And, what's a rec( recreational), and what's a reg(regular)?
How would y'all exactly define, differentiate those terms.

I mean, can a reg be a reg and not a pro?
Winrates, bankrolls, and finances Quote
08-16-2018 , 02:06 PM
Quote:
Originally Posted by Nepeeme2008
A few questions. Hope this isn't too off topic.
I consider a "fish" as someone with little to no experience at the poker table.
As opposed to a fish, a " donkey " for me is someone with experience but who's still pretty bad.

Mind y'all, I don't actually use these terms about people when sitting at the table. Don't really find them that useful and I don't normally view people in derogatory terms. Anyways.

Would y'all agree to those interpretations?
And, what's a rec( recreational), and what's a reg(regular)?
How would y'all exactly define, differentiate those terms.

I mean, can a reg be a reg and not a pro?
There are no standard definitions for any of these terms. Everyone means something slightly different by them and every person being described is somewhere on a spectrum, not an archetype.
Winrates, bankrolls, and finances Quote
08-16-2018 , 03:11 PM
I'm not sure I'd be so pessimistic about a new casino in a new city. When a place like that opens it should pull in a lot of players *in general*. People that want to play craps, or blackjack, or just go out for a good time on Saturday night. *Those* are the people that are going to be joining the games.
Winrates, bankrolls, and finances Quote
08-16-2018 , 03:18 PM
Quote:
Originally Posted by Angrist
I'm not sure I'd be so pessimistic about a new casino in a new city. When a place like that opens it should pull in a lot of players *in general*. People that want to play craps, or blackjack, or just go out for a good time on Saturday night. *Those* are the people that are going to be joining the games.
Great point, this is how new fish are born. Especially if they win their first session or two.
Winrates, bankrolls, and finances Quote
08-16-2018 , 04:12 PM
Quote:
Originally Posted by 23LBJ23
In terms of stocks vs. bonds, don't limit yourself to the 2 asset classes. There's alts, commodities, etc. that may be worth while to add to your portfolio that theoretically decreases risk and while maintaining/increases return added along stocks/bonds. That's a good situation. However, you can't ask a question on a forum like this (or any in general) and get the answers that best suite you. Everything is case by case based off your needs, ago, income, risk tol, etc. Talk to advisory if you don't want to spend any of your time doing it, or do some research on your own to save $. As Buffett says, its easier than you think to invest, but that's not to say its easy.



In terms of roth/traditional/403. Doesn't matter. Dividends, cap gains not taxed year to year. Tax now vs. later really does matter, though. Do you think your tax rate will be higher or lower when you retire? Really think about that question. Investing $15K pretax a year at 8% (generous) for 30 years would = $1.3M for a Roth/roth 403. If in traditional/403, but your tax rate were 10% higher at retirement = $1.1M. Almost $200K different. It matters.


As to the personal finance advice. This is my actual job, I agree that it does matter. And all those assumptions that goes into models is about as useful as guys talking about beating their range while losing money. Markets change and move and life changes and moves.
I don’t build 30 year plans because it’s useless in 5 years. I do put clients on the right path so that they will end up in the best place. And I expect things to change in their lives over time and we will need to change things to make sure their $$ gets to where it needs to go. That’s fine—it’s a feature not a bug.


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Winrates, bankrolls, and finances Quote
08-16-2018 , 04:35 PM
Quote:
Originally Posted by Maskk
As to the personal finance advice. This is my actual job, I agree that it does matter. And all those assumptions that goes into models is about as useful as guys talking about beating their range while losing money. Markets change and move and life changes and moves.
I don’t build 30 year plans because it’s useless in 5 years. I do put clients on the right path so that they will end up in the best place. And I expect things to change in their lives over time and we will need to change things to make sure their $$ gets to where it needs to go. That’s fine—it’s a feature not a bug.


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The pt was to demonstrate the important monetary impact of one's decision between roth/traditional. Give him/her the info and let him/her decide.
Winrates, bankrolls, and finances Quote
08-16-2018 , 04:43 PM
I removed some off topic posts that were going back to "quality of life in America". Let's keep them out of here.
Winrates, bankrolls, and finances Quote
08-16-2018 , 04:46 PM
Quote:
Originally Posted by 23LBJ23
The pt was to demonstrate the important monetary impact of one's decision between roth/traditional. Give him/her the info and let him/her decide.


I used to agree with the last statement.
Now I think the world has changed. I give the information, but I also tell them what the best plan for them is.


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Winrates, bankrolls, and finances Quote
08-17-2018 , 07:26 AM
Quote:
Originally Posted by squid face
I am 100% willing to put my money where my mouth is and wager as much as you want on this. I am certain we can find a mod who would be willing to escrow for us. I have seen enough new places open to state that it just does not matter how many skewls there are near by or how smart people are - when gamboolin comes a knocking the degens come out
It's a completely subjective assessment. How could we possibly assess whether the casino is as soft as people think it is? We would need

A) Some kind of measurable agreement on current softness of similar regional casinos

B) Some kind of measurable standard for defining that "softness" when it opens

C) Some pre-defined threshold for the measurement by which the place passes or fails

D) Some way to actually take that measurement

E) An agreement based on how long we expect the games to remain such before rapidly diminishing returns.

I'm not sure any of this is doable in a meaningful way. So...you can keep your impossibly immeasurable wagers.

Just expressing some healthy skepticism that very smart people (of which Boston has many) play better poker than very dumb people, as well as some pessimism that things are rarely as bright as people expect.

BTW don't know why people thought I was saying rich people are good at poker.
Winrates, bankrolls, and finances Quote
08-17-2018 , 07:41 AM
Quote:
Originally Posted by Nepeeme2008
A few questions. Hope this isn't too off topic.
I consider a "fish" as someone with little to no experience at the poker table.
As opposed to a fish, a " donkey " for me is someone with experience but who's still pretty bad.

Mind y'all, I don't actually use these terms about people when sitting at the table. Don't really find them that useful and I don't normally view people in derogatory terms. Anyways.

Would y'all agree to those interpretations?
And, what's a rec( recreational), and what's a reg(regular)?
How would y'all exactly define, differentiate those terms.

I mean, can a reg be a reg and not a pro?
Fish and donk are basically same. I'm more likely to think "donk" when I see some idiotic c/r with 2nd pair vs like x/c x/c x/c with the nuts but they're both terrible. Donks are those guys who look like TV tournament pros. Sunglasses, hat, hoodie, poker themed clothing. Often think they know what they're doing but are clueless. Donks are fish though. But not all fish are donks?

Rec = recreational player, usually a fish but not always. They just don't win a lot (usually) and their primary goal is recreation

Reg = regular, the people in the cardroom 25+ hours a week. Some regs are pros but others are slightly winning, break even, or slightly losing. A few are really bad but still play a ton for some reason. I use "regfish" for this player type. Solidly winning players at 2/5+ I just call pros though some are much better than otherd.

Probably about as good an answer as you'll get. Separating some of these terms is pretty subjective and arbitrary. It's more useful to focus on labels like maniac, LAG, TAG, LP, TP, nit, and especially to have specific reads on how they played previous hands.
Winrates, bankrolls, and finances Quote
08-17-2018 , 08:25 AM
Have to say i am with Squid on this one with his experience and knowledge in the livescene through countless years. Basically i trust him when he is saying this is gonna be a goldmine for a while when it opens.
Winrates, bankrolls, and finances Quote
08-17-2018 , 12:43 PM
Quote:
Originally Posted by Shai Hulud

Reg = regular, the people in the cardroom 25+ hours a week. Some regs are pros but others are slightly winning, break even, or slightly losing. A few are really bad but still play a ton for some reason. I use "regfish" for this player type. .
They continue playing because the vast majority of them probably don't use a poker tracking app or software. They're probably not aware of how much they're losing and maybe they love playing so much, they'd prefer it that way!

I guess I'm sort of a hybrid between a fish and a shark( a devil fish?),
Because I only started tracking my results myself last year.
I was actually shocked to see how little I actually play. Without the poker Tracing app, I would have been mentally fooled into thinking that my volume was a lot more.
Winrates, bankrolls, and finances Quote
08-17-2018 , 12:50 PM
What app do you guys use to track any free ones for my inner nit?

Right now I just have an excel spreadsheet on my computer
Winrates, bankrolls, and finances Quote
08-17-2018 , 01:52 PM
Quote:
Originally Posted by megamen70
What app do you guys use to track any free ones for my inner nit?

Right now I just have an excel spreadsheet on my computer
IMO, excel will always be better than an app for tracking live poker winnings.
Winrates, bankrolls, and finances Quote
08-17-2018 , 02:03 PM
Quote:
Originally Posted by Shai Hulud
It's a completely subjective assessment. How could we possibly assess whether the casino is as soft as people think it is? We would need

A) Some kind of measurable agreement on current softness of similar regional casinos

B) Some kind of measurable standard for defining that "softness" when it opens

C) Some pre-defined threshold for the measurement by which the place passes or fails

D) Some way to actually take that measurement

E) An agreement based on how long we expect the games to remain such before rapidly diminishing returns.

I'm not sure any of this is doable in a meaningful way. So...you can keep your impossibly immeasurable wagers.

Just expressing some healthy skepticism that very smart people (of which Boston has many) play better poker than very dumb people, as well as some pessimism that things are rarely as bright as people expect.

BTW don't know why people thought I was saying rich people are good at poker.
I dont want to get into a pissing contest. You expressed skepticism. I have been around the block when it comes to casino/region openings. I was simply stating that I was willing to stand by what I said with my wallet. It is not rocket science. I know there will be several pros from llsnl going there. We agree on 5 or so that are established winners/posters here and go by what they say. We can hammer out details but it seems simple enough to me
Winrates, bankrolls, and finances Quote
08-17-2018 , 02:59 PM
Quote:
Originally Posted by 23LBJ23
IMO, excel will always be better than an app for tracking live poker winnings.
MATLAB >>> Excel if you have a license handy. (And some experience.)

Phone apps are nice ways of plugging in data right when you sit down/stand up and you don't have to remember times and $ numbers when you get home.

Google Sheets is free and works fine for recording the raw data if you really wanted to be a life nit about $5 for an app too.
Winrates, bankrolls, and finances Quote
08-17-2018 , 03:09 PM
Quote:
Originally Posted by Angrist
MATLAB >>> Excel if you have a license handy. (And some experience.)

Phone apps are nice ways of plugging in data right when you sit down/stand up and you don't have to remember times and $ numbers when you get home.

Google Sheets is free and works fine for recording the raw data if you really wanted to be a life nit about $5 for an app too.
Excel has an app.
Winrates, bankrolls, and finances Quote
08-17-2018 , 03:39 PM
Quote:
Originally Posted by megamen70
What app do you guys use to track any free ones for my inner nit?

Right now I just have an excel spreadsheet on my computer
I use poker tracker bankroll on my LG android
You can download it for free. It also has the upgraded pro version for something like 1:99 if I'm not mistaken.
For the casual rec player like myself, it's a godsend.
Lots of nice features like an odds calculator for example.
You record each individual session and it calculates an overview with most essential info for you.

No longer will you be a fish swimming in shark infested water
Winrates, bankrolls, and finances Quote
08-17-2018 , 06:25 PM
Quote:
Originally Posted by Nepeeme2008
I use poker tracker bankroll on my LG android
You can download it for free. It also has the upgraded pro version for something like 1:99 if I'm not mistaken.
For the casual rec player like myself, it's a godsend.
Lots of nice features like an odds calculator for example.
You record each individual session and it calculates an overview with most essential info for you.

No longer will you be a fish swimming in shark infested water
I've been testing out Poker Bankroll Tracker too. I like most of the features but there are some flaws and quirkiness. You have to be carefull with the odds calculator too. I assumed it was smart enough to eliminate cards from ranges but it is not, keep this in mind when calculating equity. For example, I was playing around and found I had about 39% equity with JJ against my opponents range for 44, 88+, AKs on an 844r board. I then gave myself KK, AA, etc just to get a feel. Then I gave myself 44 and I did not have 100% equity. Even with the 44 on the board and the 44 in my hand it allowed the opponents range to still have 44. This made me question whether it is eliminating any combos of pocket pairs due to the board or my hand and I lost a lot of confidence. Anyone know a free app for this that's actually accurate?
Winrates, bankrolls, and finances Quote

      
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