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Old 09-05-2018, 09:50 AM   #22301
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re: Winrates, bankrolls, and finances

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DT,

Get more comfortable playing full-stacked before moving to 2/5, imo.


This is a problem too, it’s quite unlikely that a short stacked strategy is profitable in your game.


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Old 09-05-2018, 09:59 AM   #22302
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4k on 40 hours a month is 33 BB/hr at 1/3 not 8...
Wait...$4,000/160hrs/$3=8 something. No? What am I missing?
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Old 09-05-2018, 10:01 AM   #22303
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re: Winrates, bankrolls, and finances

You said 4K at 40 a month


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Old 09-05-2018, 10:01 AM   #22304
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re: Winrates, bankrolls, and finances

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Wait...$4,000/160hrs/$3=8 something. No? What am I missing?
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I am averaging $3.5-$4k a month at around 40 hours a month (8-9.5 bb/hr.)
.
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Old 09-05-2018, 10:02 AM   #22305
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re: Winrates, bankrolls, and finances

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Originally Posted by de4df1sh View Post
This is a problem too, it’s quite unlikely that a short stacked strategy is profitable in your game.


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Yeah I’m not sure how I’d fare buying in short at 2/5. People there generally aren’t droolers and have been around the block. They know an EP limp from a shorty means trouble. Probably know not to call raises the with speculative hands either.
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Old 09-05-2018, 10:03 AM   #22306
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re: Winrates, bankrolls, and finances

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.
Err I meant 40 hours per week.
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Old 09-05-2018, 10:04 AM   #22307
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re: Winrates, bankrolls, and finances

People have an instinctual tendency to just cut down the buy in amount when their roll is short to add more numbers in the buy in column. There is something about doing this that is comforting and makes them feel more secure.

In reality this tactic increases variance and the likelihood you go busto


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Old 09-05-2018, 10:06 AM   #22308
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This is all dependent on your financial situation. If you make enough money to support yourself with your day job and poker is just a hobby/side income than do whatever you want.

I think your going to find that nobody REALLY has a good answer for when or how to move up. Some people it takes forever, some people make it stick their first time.

If it were me playing recreationally I would want at least 2500bbs at my current stake. the ability to reload from my roll from my job before I started moving up, and some reasonable sample size that would cast a shadow on the possibility I was losing in the game.


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I think I could make more money if I played more. I don’t make jack sh*t in my current job compared to some in the profession. Sample size is so-so. Closing in on 1,000 hours. First 600 hours was 3bb last 400 8-9bb.
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Old 09-05-2018, 10:08 AM   #22309
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With a sample of 1000 and a win rate of 6-7 overall I would feel comfortable that I was a winner of some sort. Whether that is 2bb\hr or 10bb\hr is anyone’s guess. We never truly get to “find out” how good we are (or how bad everyone else is)


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Old 09-05-2018, 11:19 AM   #22310
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A rather disappointing end to my Vegas trip this summer. In terms of results I mean. But hey, breaking even for half the trip instead of making $20-25/hr during that time will do that. Glad I decided to get drunk and play poker for my last night here cause it worked out.

90% 1/2 and 1/3. Trip starts at around hour 800.

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Old 09-05-2018, 11:34 AM   #22311
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re: Winrates, bankrolls, and finances

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Originally Posted by Garick View Post
DT,

Get more comfortable playing full-stacked before moving to 2/5, imo.
+1

As others have said, sounds like you have a good job with a good income, so really you can shot take whenever you want and just see how it goes and then simply drop down if a couple shots don't go well. But my guess is you'll be in for a massive surprise if you come from 1/3 NL shortstacking (where preflop is almost the only street that matters) to 2/5 NL deepstack (where a lot of the play will be on later streets).

GgoodluckG
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Old 09-05-2018, 11:36 AM   #22312
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re: Winrates, bankrolls, and finances

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A rather disappointing end to my Vegas trip this summer. In terms of results I mean. But hey, breaking even for half the trip instead of making $20-25/hr during that time will do that. Glad I decided to get drunk and play poker for my last night here cause it worked out.

90% 1/2 and 1/3. Trip starts at around hour 800.

Nice giraffe Rat, looks like about ~$22/hr?

GsteadyasshegoesG
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Old 09-05-2018, 12:13 PM   #22313
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re: Winrates, bankrolls, and finances

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Originally Posted by gobbledygeek View Post
+1

As others have said, sounds like you have a good job with a good income, so really you can shot take whenever you want and just see how it goes and then simply drop down if a couple shots don't go well. But my guess is you'll be in for a massive surprise if you come from 1/3 NL shortstacking (where preflop is almost the only street that matters) to 2/5 NL deepstack (where a lot of the play will be on later streets).

GgoodluckG
Have you or anyone else tried to ss at 2/5? Results?
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Old 09-05-2018, 12:15 PM   #22314
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re: Winrates, bankrolls, and finances

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Have you or anyone else tried to ss at 2/5? Results?


A well orchestrated short stack strategy can win but is suboptimal.

My guess is a short stack at 2/5 earns about the same or less as full stacked 1/3 with waaaay more variance


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Old 09-05-2018, 12:27 PM   #22315
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Have you or anyone else tried to ss at 2/5? Results?
I've only played 90 minutes of 2/5 NL, and the game doesn't run enough in my neck of the woods to try it on a regular basis.

As I mention in your PG&C thread, a lot of it depends on what the minimum BI is especially relative to the "normal" preflop raise size. If you can BI for relatively small with regards to this (just as you've been doing for your 1/3 NL game) then you'll likely do ok. Otherwise, some minimum BIs may almost force you to sit relatively deep, in which case you better know what you're doing.

GgoodluckG
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Old 09-05-2018, 08:44 PM   #22316
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re: Winrates, bankrolls, and finances

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Have you or anyone else tried to ss at 2/5? Results?

MartaGdynia (not sure of the spelling)

I have played quite a bit with him in LV. He comes over for the summers and is an hours cranking machine. He plays a short stack well at the 2/5 leveland does not appear to tilt at all. Check out his threads in LVL. He has a very decent sample size at this point with an absolute ton of information re his w/r
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Old 09-05-2018, 08:50 PM   #22317
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Now that I think about it I believe fluxboy has a large sample SS 1/2 in Vegas. But the rake there is much cheaper than in the casinos that dumbo plays in


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Old 09-06-2018, 02:51 AM   #22318
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MartaGdynia (not sure of the spelling)

I have played quite a bit with him in LV. He comes over for the summers and is an hours cranking machine. He plays a short stack well at the 2/5 leveland does not appear to tilt at all. Check out his threads in LVL. He has a very decent sample size at this point with an absolute ton of information re his w/r
Thanks. Will check out his thread. I PM’d him.
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Old 09-06-2018, 03:28 AM   #22319
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re: Winrates, bankrolls, and finances

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I have a lot of spare time that I use to study (read books, watch vlogs, tourneys, the bike, etc.)



One weakness is my small bankroll. I started with just a few hundred dollars. I deposited much of what I won into my IRA because I feared losing it all like I did that one tilt session. The profit since I maxed out my IRA goes to some living expenses (mainly food, the occasional poker-related splurge - e.g., headphones, new poker book, “poker uniform” lol, etc.). I don’t pay rent. I’m expecting a chunky paycheck by the end of the year that could double my roll.
I am quoting two parts of your first post. The first one about studying, I think people here would agree that most of the things you listed are not studying. Watching vlogs, Neeme might give you 3 min out of 25 for strat. Watching the bike teaches you about pyromania, specifically lighting money on fire. Etc etc. This stuff is entertainment, not study. Finding a spot in a game you played where you were unsure, plugging ranges into Equilab or Flopzilla, and working with it for 15-30 minutes, that is studying. Compared to watching a video, it's a PITA. But as the say, if it was easy, everybody would be doing it. Some videos can qualify as studying, but not the ones you listed.

The second part is about bankroll management (BRM). It sounds like, at the moment, you don't have any. (Or maybe just very little.) If you spend the money you win from poker, especially if it is for living expenses, you will never build up an actual bankroll that will allow you to be comfortable moving up in stakes. You need to have a certain amount of money you are prepared to lose in order to survive and hopefully thrive at a higher stake. If you started with 20BI for 1/2, and your goal is to move up to 2/5 when you have 20BI for that, well every time you spend your poker winnings, you deplete your BR, and make it harder to achieve your goal.

And run like a god to start. That can't be overstated. :P
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Old 09-06-2018, 05:05 AM   #22320
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I am quoting two parts of your first post. The first one about studying, I think people here would agree that most of the things you listed are not studying. Watching vlogs, Neeme might give you 3 min out of 25 for strat. Watching the bike teaches you about pyromania, specifically lighting money on fire. Etc etc. This stuff is entertainment, not study. Finding a spot in a game you played where you were unsure, plugging ranges into Equilab or Flopzilla, and working with it for 15-30 minutes, that is studying. Compared to watching a video, it's a PITA. But as the say, if it was easy, everybody would be doing it. Some videos can qualify as studying, but not the ones you listed.

The second part is about bankroll management (BRM). It sounds like, at the moment, you don't have any. (Or maybe just very little.) If you spend the money you win from poker, especially if it is for living expenses, you will never build up an actual bankroll that will allow you to be comfortable moving up in stakes. You need to have a certain amount of money you are prepared to lose in order to survive and hopefully thrive at a higher stake. If you started with 20BI for 1/2, and your goal is to move up to 2/5 when you have 20BI for that, well every time you spend your poker winnings, you deplete your BR, and make it harder to achieve your goal.

And run like a god to start. That can't be overstated. :P
Thanks. I was waiting for someone to call me out on this.

I do use flopzilla for tough spots and off the table work but not as often as I should. I post lots of HH here though. I’ve stopped spending my winnings for the most part for the reason you stated. Thanks!
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Old 09-06-2018, 02:01 PM   #22321
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Yeah, I don't really understand how you can't build a bankroll considering you are a lawyer who is also making a lil money on the side playing poker and you don't have rent expense.

It sounds like you are immersing yourself in poker which is good but watching tournaments will do little to nothing for your live low stakes cash game.
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Old 09-06-2018, 02:06 PM   #22322
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Yeah, I don't really understand how you can't build a bankroll considering you are a lawyer who is also making a lil money on the side playing poker and you don't have rent expense.

It sounds like you are immersing yourself in poker which is good but watching tournaments will do little to nothing for your live low stakes cash game.
Should be in better shape BR wise by year’s end. Started my job last November and it pays infrequently (by the case - cases take a long time to resolve). I watch splitsuit’s stuff too. He’s good.
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Old 09-07-2018, 10:52 PM   #22323
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Nice giraffe Rat, looks like about ~$22/hr?

GsteadyasshegoesG
Thanks. I think 21 or 22 yeah. This trip was like 15/hr over 550 hours. Definitely dragged the average down but it is what it is.
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Old 09-08-2018, 03:39 AM   #22324
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Going to grind in Vegas for a couple weeks in early November. Might stay longer if it goes well. Anyone interested in renting out a room for cheap or share Airbnb PM me. Trying to make the Vegas grind dream a reality this year!
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Old 09-08-2018, 11:47 AM   #22325
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Going to grind in Vegas for a couple weeks in early November. Might stay longer if it goes well. Anyone interested in renting out a room for cheap or share Airbnb PM me. Trying to make the Vegas grind dream a reality this year!
Glgl! First time? If you're grinding 1/2 and 1/3 feel free to ask me questions. I've played probably over 1k hours in Vegas over the last two summers.
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