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Old 01-12-2019, 08:26 PM   #22976
crsseyed
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by MangoO View Post
First post. Here are my lifetime results
Live Cash Games.....

........Overall
Hours 8664
Net +268461

Updated 11/11/12 to 1/12/2019 17:32 EST
Awesome/nice work!

I found it interesting you moved up to 2/5 after 43 hours at 1/2 and 1/3 and -$350 results. Any comments on that?

Looks like Foxwoods is your main spot. Is that for convenience or are the games best there?
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Old 01-12-2019, 08:53 PM   #22977
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re: Winrates, bankrolls, and finances

Well it appears that you should t okay above 10/20 and should take Thursdays off

Nice results!
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Old 01-12-2019, 09:37 PM   #22978
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re: Winrates, bankrolls, and finances

Sick volume mango

Stud hi not ur game huh?
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Old 01-12-2019, 10:13 PM   #22979
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by crsseyed View Post
Awesome/nice work!

I found it interesting you moved up to 2/5 after 43 hours at 1/2 and 1/3 and -$350 results. Any comments on that?

Looks like Foxwoods is your main spot. Is that for convenience or are the games best there?
Thanks! When I started playing I didn't track. I have about 200 untracked hours at 1/2. I ran like god and made 8k went up to 2/5 after
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Old 01-12-2019, 10:20 PM   #22980
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re: Winrates, bankrolls, and finances

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Originally Posted by Avaritia View Post
Sick volume mango

Stud hi not ur game huh?
I felt I definitely ran below EV but admit I made some mistakes and should've got out of the game earlier. My approach was studying how often hands are dealt with a random upcard. Would use propokertools to compare stud hand equities. I thought that was enough to beat 60+ year old millionaires but it turns out those guys are super competitive and actually have mostly good instincts for the game.
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Old 01-12-2019, 10:33 PM   #22981
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re: Winrates, bankrolls, and finances

Just yanking your chain. I love stud, wish it ran more. Would be the 9th best player at the table.

I agree that the old timers know how to play that one.
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Old 01-14-2019, 07:09 PM   #22982
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re: Winrates, bankrolls, and finances

2018 summary
250-300 hr / yr rec-reg play $1/2, $1/3 & $2/5 NLHE, PLO $2/5 & $5/10 Big-O. For ~15 yrs I win ~12 bb’s/hr playing mostly low stakes NLHE. In 2018 ran at 7.5 bbs hrs over 300 hrs. Some was less good variance. Most was I played like a chimp with a learning disability. Somehow I lost discipline for 2/3rds of the year and implemented a horrific lose-passive style that didn’t work well. I am comfortable playing LAG, TAG, LP or weak-tight as the game dictates. Somehow i’ve Lost the discipline or skill(?) to recognize what style i’m Playing in time to adjust. Any useful thoughts, tips or tricks to get back in line? Thanks
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Old 01-14-2019, 08:50 PM   #22983
Avaritia
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re: Winrates, bankrolls, and finances

That same thing happens to me. No advice but it has come and gone several times in ~5ish years of playing.
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Old 01-14-2019, 11:16 PM   #22984
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re: Winrates, bankrolls, and finances

I'm trying to restart poker for 2019. Casual weekend hobby, trying to be a better live player. 1/2 NL, staked myself $1k. 4 sessions, 10 hours, +$646. Decided that I deserve to pay myself $1k back lol.

Bankroll now is $646. Can't really do bankroll management when the lowest stakes are 1/2NL. Trying to not reach into my bank account. First goal is to play +EV poker. Second goal is to hit $2k.
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Old 01-15-2019, 12:38 PM   #22985
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by twitcherroo View Post
2018 summary
250-300 hr / yr rec-reg play $1/2, $1/3 & $2/5 NLHE, PLO $2/5 & $5/10 Big-O. For ~15 yrs I win ~12 bb’s/hr playing mostly low stakes NLHE. In 2018 ran at 7.5 bbs hrs over 300 hrs. Some was less good variance. Most was I played like a chimp with a learning disability. Somehow I lost discipline for 2/3rds of the year and implemented a horrific lose-passive style that didn’t work well. I am comfortable playing LAG, TAG, LP or weak-tight as the game dictates. Somehow i’ve Lost the discipline or skill(?) to recognize what style i’m Playing in time to adjust. Any useful thoughts, tips or tricks to get back in line? Thanks
I'm going to post some giraffes in a few weeks. They're going to show some really good runs (12 bb/hr) and some really bad runs (4 bb/hr) and everything in between over non-trivial sample sizes (nothing less than 1000 hours), all within what is overall an incredibly low variance steady-as-she-goes upward (albeit boring unspectacular) giraffe.

The point is that I think we often overly rely on our results, especially ones over lol sample sizes, as an indication of how we're playing. We're most likely not playing nearly as well as we think we are when we're putting up great results, and on the flip side likely not playing nearly as poorly as we think we are when we're putting up meh results, and all within an everchanging poker landscape.

Gcongratsonwinning,imoG
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Old 01-15-2019, 07:44 PM   #22986
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by donkdreams View Post
I'm trying to restart poker for 2019. Casual weekend hobby, trying to be a better live player. 1/2 NL, staked myself $1k. 4 sessions, 10 hours, +$646. Decided that I deserve to pay myself $1k back lol.

Bankroll now is $646. Can't really do bankroll management when the lowest stakes are 1/2NL. Trying to not reach into my bank account. First goal is to play +EV poker. Second goal is to hit $2k.


If you can afford it, why bother putting the 1k back right now? Why not just keep it included until you get to a solid $ amount, like 4k?
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Old 01-15-2019, 10:54 PM   #22987
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by johnny_on_the_spot View Post
If you can afford it, why bother putting the 1k back right now? Why not just keep it included until you get to a solid $ amount, like 4k?
Not sure, psychological reasons? I'm keeping my poker fund as cash in a drawer, and it feels good to make a $1k deposit back into the bank account.

We can buy in here for 25BB min, giving me 13 buy ins for short stack. I want to try out a few more sessions during peak hours to see where I end up.
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Old 01-17-2019, 04:17 AM   #22988
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bamk roll management in live low-stakes

hi guys,
i have a bank roll question. I am planning to play 2/3 NL 500 max BI.
currently i have no bankroll. I am starting a full time job giving me 1k a week. i can pretty much save $500 a week. for these stakes i have read that 20x BI bankroll is required = $10,000

My question is that for me to save 10,000 i will have to wait 20 weeks until i can start playing.

if i have this income am i able to start before then? Im thinking if i save for 4 weeks and start to play and keep tabs on the bankroll

Is there some othee variable that comes to play ?

any advice is appreciated
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Old 01-17-2019, 04:29 AM   #22989
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Re: bamk roll management in live low-stakes

You should buy in for $300, which is 100 big blinds, and not 500.

For lower stakes, i think 10-15 buyins is enough, and if you run bad early you can choose to buy for less than 100bb or just replenish the roll. Bankroll management is more about not busting as you move up in stakes, and its hard to build a roll playing smaller (1/2 is a little smaller and could be a decent option if those games are available and conparable to the 2/3 in difficulty)
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Old 01-17-2019, 05:37 AM   #22990
Lejosu
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Re: bamk roll management in live low-stakes

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Originally Posted by monikrazy View Post
You should buy in for $300, which is 100 big blinds, and not 500.

For lower stakes, i think 10-15 buyins is enough, and if you run bad early you can choose to buy for less than 100bb or just replenish the roll. Bankroll management is more about not busting as you move up in stakes, and its hard to build a roll playing smaller (1/2 is a little smaller and could be a decent option if those games are available and conparable to the 2/3 in difficulty)
Hey, thanks for the reply i really appreciate it. Can i please ask why buying in with 100BB ($300) is better than $500?
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Old 01-17-2019, 05:41 AM   #22991
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Re: bamk roll management in live low-stakes

Bank roll management existing as a concept only to measure risk of ruin. If u have $500 coming in every week then u inherently have no risk of ruin. So u can just play as soon as u get your first $500 imo.
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Old 01-17-2019, 05:46 AM   #22992
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Re: bamk roll management in live low-stakes

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Originally Posted by hyperknit View Post
Bank roll management existing as a concept only to measure risk of ruin. If u have $500 coming in every week then u inherently have no risk of ruin. So u can just play as soon as u get your first $500 imo.
^this

Though I'd still save 2.5 BIs first. It's hard to play proper poker when you are one hand away from being forced to quit. 2.5 gives you a rebuy and a topup which is going to be enough >90% of the time.
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Old 01-17-2019, 10:15 AM   #22993
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re: Winrates, bankrolls, and finances

Yup. And as for why to buy in for $300, it's because 1) you have a limited bankroll and 2) 100BB poker is much more ABC than deep stacked poker. While deep will be more profitable once you get good at it, it's not something to play when you are new to that game and are working on a limited bankroll.
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Old 01-18-2019, 04:56 PM   #22994
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re: Winrates, bankrolls, and finances

Quick question for those much more experienced. I am a full time graduate student but play poker roughly 15hrs per week the past year or so. I am getting to the point where I think I have too much cash laying around. I pretty much only play 1/3NL unless theres a really good 2/5 game going. How much does everyone keep in cash compared to in the bank??
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Old 01-18-2019, 05:04 PM   #22995
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re: Winrates, bankrolls, and finances

Quote:
Originally Posted by dellerrrr View Post
Quick question for those much more experienced. I am a full time graduate student but play poker roughly 15hrs per week the past year or so. I am getting to the point where I think I have too much cash laying around. I pretty much only play 1/3NL unless theres a really good 2/5 game going. How much does everyone keep in cash compared to in the bank??
I also play 1/3 NL, about once a week for about ~550 hours a year (purely recreational).

I typically keep ~$3K in cash at home. When it dips below $2K (which is what I bring to the poker room every session) I top it back up to $3K. When it goes above $4K I deposit the excess in the bank.

The whole point is just to have an easily accessible and well overfunded (for mental health purposes) poker roll on hand without having to pop in/out of the bank all the time. If it's fairly life changing to have your roll-around-the-house stolen then obviously bank it (but then you're likely playing too high).

Gcluelesscash-around-the-housenoobG
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Old 01-18-2019, 05:13 PM   #22996
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re: Winrates, bankrolls, and finances

If you want to pass under the radar taxwise, you can open a safe at the bank for like 100-200/year, and just put the excess there as Gobble said.

Otherwise, I usually keep at least 2 or 3 buy in at all times in my wallet in case I go to the poker room.

For planned session, I bring 4 buy in.

Other than that, it just comes down to how lazy I am to go to the bank to deposit the money. I'm trying to go once a month or so, depending on how much I play/run
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Old 01-18-2019, 06:16 PM   #22997
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re: Winrates, bankrolls, and finances

Depends on how safe you consider your house.
Id say keep ~1000 big blinds around for your normal stake.
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Old 01-19-2019, 04:54 AM   #22998
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re: Winrates, bankrolls, and finances

Isn't it illegal to keep cash in a safety deposit box?
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Old 01-19-2019, 08:56 AM   #22999
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re: Winrates, bankrolls, and finances

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Isn't it illegal to keep cash in a safety deposit box?
LOL. No.
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Old 01-19-2019, 10:10 AM   #23000
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re: Winrates, bankrolls, and finances

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Isn't it illegal to keep cash in a safety deposit box?


Just out of curiosity, how would anyone know?
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