Yeah of course in live since your winrate is so much higher it's much less likely you dump even 5-6 buy ins. But since you play so much volume online, a 10k breakeven stretch will be wrapped up in a week or so, whereas live it may take months to get through it.
From a purely technical view point you are correct but it's not a 1:1 ratio for hourly.
Phil Laak broke the Guinness world record by playing 115 hours hour straight.
Do you know what the world record is for online poker? 49 hours.
If we use these metrics an hour of online poker is around 2.34 hours of live poker.
This is exactly why live poker is more profitable.
It's an interesting thought to try to come up w/ a decent comparison.
Obviously it depends on the individual's ability to win online vs live.
Online you have the advantage of volume as you can play anywhere from probably 12x to 48x the number of hands/hr than you can live.
But in live play you can play 10x the stakes w/ a negligible decrease in game quality from ACR 2nl or 5nl.
I mean the fact that you have people who can play a nitty short stack strat that worked in 2005 and still have a win rate of 4bb/100 at low stakes I think is very telling.
So I don't have a good sense of how much the increase in win rate can offset negative variance.
But my guess is by pure $ value in most scenarios live is going to be more profitable.
live has more variance than can be calculated because stack sizes are not constant and doesn't have the constant ratholing that is prevalent online that ensures stacks are usually around 100bb
you can build up over the course of a session to 5x the max buyin and then get felted when you jam with the nuts on the turn and the guy calls and hits his gutshot
unless the casino has a matching stacks rule, there's pretty much no chance to play another pot that size again, and even if there are matching stacks, quite a few recreationals suddenly get tired or hungry after a massive double up and leave
quite often when i look back at my results, whether or not it was a winning or losing session will come down to a single hand, you can almost never say that about online poker
So, if you play 8h/day online you think you can play 18h a day live?
Let's count it with simple way, let's take live winrate 30 which is achievable for a crusher, assume you play 8h a day and 35 hand is dealt per hour, with auto shufflers it's more like 35-40 can be dealt i believe or maybe let's take the worse variant 30 ok
So if you play 8h a day that's 240 hand, assume you play 25 days in a month, that's 6000 hand
6000/100=100
30BBwinrate*3$=60$ per 100 hand (assume it's 1/3 game)
30BBwinrate*5$=150$ per 100 hand (assume it's 2/5$ or 5/5$ game)
60*100=6000$ income per month 1/3
150*100=15000$ income per month 5/5
now lets compare it to online and lets assume you play 50k hands a month at 200NL with 8BB winrate
50000/100=500
8BBwinrate*2$=16$ per 100 hand
16$*500=8000$ income per month
gl putting 50k volume and achieving 8BB winrate in toughest pools while live player sips cocktail enjoys life and wins with ease
live has more variance than can be calculated because stack sizes are not constant and doesn't have the constant ratholing that is prevalent online that ensures stacks are usually around 100bb
quite often when i look back at my results, whether or not it was a winning or losing session will come down to a single hand, you can almost never say that about online poker
Yep, and the bigger open sizes. 9-handed and playing against passive opponents lowers variance a lot though so maybe it evens out in terms of standard deviation
Well when you're playing a 100 hand session instead of 1500 a single hand will matter a lot more
So, if you play 8h/day online you think you can play 18h a day live?
They are both equally unsustainable, actually I don't think it is completely equal. My comparison was just a shortcut heuristic that is probably flawed as well.
Hourly is only one part of the equation. This is why I think talking in terms of hourly is very flawed thinking, you don't just show up clock in and clock out.
I don't have the exact answer because there's so many factors involved in the equation, for example, the more you play online the more spots you have to study which will cause you play less at the tables.
I'm surprised no one has developed some type of model to account for all these factors but here we are.
Last edited by DooDooPoker; 08-04-2024 at 06:01 PM.
It's an interesting thought to try to come up w/ a decent comparison.
Obviously it depends on the individual's ability to win online vs live.
Online you have the advantage of volume as you can play anywhere from probably 12x to 48x the number of hands/hr than you can live.
But in live play you can play 10x the stakes w/ a negligible decrease in game quality from ACR 2nl or 5nl.
I mean the fact that you have people who can play a nitty short stack strat that worked in 2005 and still have a win rate of 4bb/100 at low stakes I think is very telling.
So I don't have a good sense of how much the increase in win rate can offset negative variance.
But my guess is by pure $ value in most scenarios live is going to be more profitable.
I think you would need some type of computer model since it is way too complicated to just go oh hey this is my hourly, let's compare hourlies and then be done.
It would be a cool subject for an academic to look at.
Play and annotate every single hand you get dealt, chips won, lost or 0. Get a sample and calculate the winrate and std deviation. I would definitely do it this way if I played live.
Cool Bluff spot that didn't work. It might be worse than theory though since a lot of air will bet turn on that overcard which makes BXB stronger than it should be.
Hand History driven straight to this forum with DriveHUD 2 Poker HUD and Database Software
River ($2.22): 6 3 3 K K HERO Checks, CO Bets $1.11 (Rem. Stack: $31.54), HERO Raises To $5.55 (Rem. Stack: $30.85), CO Raises To $32.65 (allin), HERO Folds
Play and annotate every single hand you get dealt, chips won, lost or 0. Get a sample and calculate the winrate and std deviation. I would definitely do it this way if I played live.
UTG Folds, HJ Folds, CO Raises To $0.57, BTN Folds, HERO Raises To $2.71, BB Folds, CO Calls $2.14
Hero SPR on Flop: [4.83 effective] Flop ($5.67): 9 3 9
HERO Checks, CO Bets $1.77 (Rem. Stack: $25.62), HERO Raises To $6.37 (Rem. Stack: $26.22), CO Folds
Spoiler:
HERO wins: $8.75
Never bluff this spot as a default, his air will bet river so when he checks it is with the intention of calling. I should of sized up even more than B150 but make sure you OB river with value.
Hand History driven straight to this forum with DriveHUD 2 Poker Tracking Software