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m Profit in 2017 - Best In the Business m Profit in 2017 - Best In the Business

02-06-2017 , 08:56 PM
nice post demetri
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02-06-2017 , 11:09 PM
+1, nice post

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02-07-2017 , 01:03 AM
In terms of the whole play for yourself vs playing for somebody else debate. I think I've wrote a blog about it before, can't find it ATM.

But few things

- players in their first year playing for bitB make over 60% more money (for themselves not overall profit) than they did in the last year playing for themselves
- players who have left us to play by themselves have generally done pretty poor, don't have their player groups etc but there's nobody who has left us who is crushing high stakes or even mid stakes from what I've seen

- its bitB's job to stay ahead of the curve in terms of strategy. If somebody leaves us tomorrow then in 3 months we are going to be playing already a progressed strategy
- the most valuable thing that we offer is the community. We have an extremely strict application process. We turn away every year probably $1m+ in profits for our pockets to protect the community. We only take on the exact right players and personalities for the group to continue to get better and better. Playing poker by yourself without a good community or support group is recipe for disaster. We have requirements such as volume. When you play by yourself there are no requirements, it's a lot easier to skip a session when there's nobody to answer to.

In terms of $5m as a number. There are a lot of things that happen. We had 5 Portuguese guys who had a combined ev of $300k+ at one points, governments decide they are going to stop poker and then the money goes. There's lots of external factors.

In terms of people making low hourlies, they will only be low if they don't improve and we give them all the tools to improve.

I spoke about Zolta previously, when he joined us and his yearly ev was $30k/year sure it wasn't amazing hourly (in Hungary where he was born it's actually amazing salary, in a bar I own there salary/hour is like $2, bt the tools are here for anybody to treble or even more their money. He now is in tier 1, if everything goes as it should his yearly ev is over $150k.

We get a lot of applicants who make $20-$30k a year absolutely variance free and we could easily snap up their free money and pile it up under the bed, but that's not what our business model is, we only take a guy on if they can get to tier 1. If they are capped or limited we do them a favour and be honest and our community a favour and keep our resources free.

We have been pretty successful thus far in our marketing, mainly through word of mouth. I think we probably could have had around 100 extra guys in the stable with average ev of around $20kev/year, some were a lot more, but some would have scammed etc so let's be conservative. So that would be exactly $1m we chose not to take, but in our minds we can recoup that back by spending the extra hours and getting 10+ guys to tier 1.

I'll do another post about the development stable and the main stable in a minute.
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02-07-2017 , 01:19 AM
So the way we work the system and flow of information is we have two stables.

1- main stable
8 group coachings/ 1 1on1 coaching, main stable strategy chat, main stable forum, private coaching from elite coaches

2- development stable
Access to 8 main stable coachings, access to main stable forum/strategy chats, private coaching from main stable players, mini groups monitored by main stable players

The coaching to the main stable guys is extremely high quality. They are generally all very smart and able to filter this information clearly to the development stable. The flow of information works really well and for example if a $20 average buy in player is watching an oxota video and doesn't get a concer, instead of asking Infront of 30 high stakes bosses, he simply asks his mentor that he has a personal relationship with and he explains it to him.

Each development stable player is in a mini strategy/development group where they focus on specific things throughout the month and work every single day together.

Why it works well?

1 our higher stake guys who can get into bigger makeup player tougher games/higher stake games are able to get paid a consistent hourly amount meaning downswings aren't as painful and they have a consistent money flow and are able to play as high as possible without worrying about bills etc

2 the development stable guys are literally getting infinite coaching all day, every day and are being spoon fed poker strategy around the clock.

This means that the guys who have lowish yearly ev have the chances and opportunities to move up the stakes at a rapid pace.

Obviously this is small sample size, but we moved up 3 guys to the main stable last month who when joining us last year had lifetime profits of $50k. Last month they made $34k, $23k and $9k
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02-07-2017 , 03:04 AM
Quote:
Originally Posted by OurSurveySays
Time for me to be more accountable and stick to my goals and prepare each day until I'm responsible enough for it to be natural


12pm - Wake up / Shower
12:30 - Walk with gf+dogs
1:30 - Order home gym equipment
2:00 - Research local gyms/sports clubs
3:00- Clean office, have lunch
4-8pm - bitB investors meeting
9pm - Walk with gf + dogs
10pm - Light food/fruits, relax
11pm- Read
1am - Sleep
Wake up 10am next day.
I woke up and showered on time
Went for a nice walk
Did research on sports, found a really good site called meetup.com where you can just join 5a side football games every day, which is pretty cool.
Cleaned office, had lunch (lamb)
Had 4 hour meeting with the guys
Had some fruits and read first part of the four agreements

I fell asleep around 9pm thiugh, was just really mentally exhausted from grinding basically every day for the last 2 weeks.

Woke up 4am, went straight to work stuff for bitB, did that for an hour or so, watched a documentary and now it's 7am.

Things I'm going to do today

- fix up new computer, connect it with new monitor, make sure it's up and running and ready for use
- business meeting at 2pm for a couple of hours
- 30 minutes run
- 1 hour of bitB stuff

If I can get all of this done I'll sleep at 5ish for 2-3 hours, if I wake up good then I'll play a session online. If I don't, I'll take a walk with family and then continue reading the four agreements.

I feel way better about yesterday, having a routine by the hour is really important for me, a lot easier to stick to. It's tough when I'm not sure exactly when I'll be tired etc for sleep.

List of short/mid term goals I want to work on

- monthly? bitB podcast. Would people be interested in this? Would be just audio that you can listen to when you grind or when you're at gym etc
- 30 5 minute videos on different stats
- join competitive amateur football team
- manage semi professional football team

Long term goals

- write a book(s)
- manage a professional football team
- own 30 houses

In our meeting with the guys today, we spoke about our desire for doing some charitable things. With the money raised from this thread we will look to actually go and do soemthing and document it. We will work with reg about this.
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02-07-2017 , 03:15 AM
- players in their first year playing for bitB make over 60% more money (for themselves not overall profit) than they did in the last year playing for themselves

You've tossed out this figure a couple of times but never with any substance, I'm sure a couple of players may have made 60% more but I doubt even half have, just seem's like your using it as marketing, feel free to prove it with graphs tho.

- players who have left us to play by themselves have generally done pretty poor, don't have their player groups etc but there's nobody who has left us who is crushing high stakes or even mid stakes from what I've seen

So the two horse's that left after getting 300k wcoop scores are doing pretty poor because they won't have this community to interact with, I doubt it. I know of one at least one and he's doing good.

- its bitB's job to stay ahead of the curve in terms of strategy. If somebody leaves us tomorrow then in 3 months we are going to be playing already a progressed strategy

For a good winning player I doubt what you can offer three month's later will magically make them 60% more as opposed to grinding for themselves and keeping 100% of there action. But hey if you keeping saying it it might become true!

- the most valuable thing that we offer is the community. We have an extremely strict application process. We turn away every year probably $1m+ in profits for our pockets to protect the community. We only take on the exact right players and personalities for the group to continue to get better and better. Playing poker by yourself without a good community or support group is recipe for disaster. We have requirements such as volume. When you play by yourself there are no requirements, it's a lot easier to skip a session when there's nobody to answer to.

So your saying the most valuable reason to give up 50% is because ye are strict in the application process lol

Last edited by Bobo Fett; 02-07-2017 at 04:35 PM. Reason: Merged 4 posts - the edit & quote buttons are your friends.
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02-07-2017 , 04:51 AM
Quote:
Originally Posted by Voiceoftruth
- players in their first year playing for bitB make over 60% more money (for themselves not overall profit) than they did in the last year playing for themselves

You've tossed out this figure a couple of times but never with any substance, I'm sure a couple of players may have made 60% more but I doubt even half have, just seem's like your using it as marketing, feel free to prove it with graphs tho.
It is a fact that's why I've said it a few times. You can see last year our guys profited around $5m at the tables, the year before between them they certainly cashed under 2.5m. Most of the guys have accelerated through the tiers and improved massively, I'm not sure why it's hard to believe that they've made substantially more whilst being staked and commuting to proper volume, getting world class coaching and having the correct bankroll? This isn't WCG losing his money and then needing a stake for the same games with the same win rates.
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02-07-2017 , 04:53 AM
Quote:
Originally Posted by Voiceoftruth
- its bitB's job to stay ahead of the curve in terms of strategy. If somebody leaves us tomorrow then in 3 months we are going to be playing already a progressed strategy

For a good winning player I doubt what you can offer three month's later will magically make them 60% more as opposed to grinding for themselves and keeping 100% of there action. But hey if you keeping saying it it might become true!
That would be around 80ish hours of very high level content they wouldn't have seen. Imagine you could see 80 hours of very recent content from some of the best players who play in your games? Don't think it would dramatically impact your chances of success?

You're right maybe 3 months isn't so much, Gl being as close as good as somebody equal to you who has had 320 hours of potential content in a year compared to you.
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02-07-2017 , 04:54 AM
Quote:
Originally Posted by Voiceoftruth
- the most valuable thing that we offer is the community. We have an extremely strict application process. We turn away every year probably $1m+ in profits for our pockets to protect the community. We only take on the exact right players and personalities for the group to continue to get better and better. Playing poker by yourself without a good community or support group is recipe for disaster. We have requirements such as volume. When you play by yourself there are no requirements, it's a lot easier to skip a session when there's nobody to answer to.

So your saying the most valuable reason to give up 50% is because ye are strict in the application process lol
Well not just the application process being strict, but the fact we hire 15 guys and pay them a lot of money to attract high level stakees.
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02-07-2017 , 04:55 AM
Funny when people come on under new 2p2 accounts rather than their own account like "voice of truth" but hey, the charity benefits!
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02-07-2017 , 10:48 AM
Bad news today. Pokerstars.fr closed its doors to anybody outside of France. Maybe should change goal to $4m! The hurdles of regulations are real.
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02-07-2017 , 11:09 AM
Subbed for obv incoming crush glglgl


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02-07-2017 , 11:22 AM
Quote:
Originally Posted by OurSurveySays
Bad news today. Pokerstars.fr closed its doors to anybody outside of France. Maybe should change goal to $4m! The hurdles of regulations are real.
Any clue about Winamax? I'm from Cyprus and we got blocked in early December on Pokerstars.FR. I never made an account on Winamax but I had asked them a few months ago and they said I could play from Cyprus, once we got blocked on Pokerstars.FR I asked Winamax again and they said they no longer accept players (or bank accounts) from Cyprus.

Not sure if this was a coincidence, just giving you a heads-up that Winamax might be going that direction too.
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02-07-2017 , 11:26 AM
Quote:
Originally Posted by OurSurveySays
Funny when people come on under new 2p2 accounts rather than their own account like "voice of truth" but hey, the charity benefits!
That is indeed sad but atleast he gets his questions answered

What % of your stable's volume is on .fr?
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02-07-2017 , 11:34 AM
Quote:
Originally Posted by OurSurveySays
Bad news today. Pokerstars.fr closed its doors to anybody outside of France. Maybe should change goal to $4m! The hurdles of regulations are real.
Get some french horses
make 5millions more
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02-07-2017 , 12:34 PM
subbed - gl gl in 2017
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02-07-2017 , 01:05 PM
who is "Zolta" on Stars?
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02-07-2017 , 01:59 PM
Would literally give up a hand or arm to join stable as a pleb cleaning floors and take a 10/90 split just to sit in on 1/5 of those coaching sessions.


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02-07-2017 , 02:09 PM
Had a really nice meeting today with an old friend and a bunch of things I want to look into doing over next few months. Will try and write about some of the stuff we spoke about and going to ready a book on personality profiling.

Time to be a zookeeper
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02-07-2017 , 02:10 PM
Quote:
Originally Posted by that_anon_pgc
That is indeed sad but atleast he gets his questions answered

What % of your stable's volume is on .fr?
Not much anymore 😂

We have some guys who have 95% volume there I think average volume is probably less than 5% but very high roi
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02-07-2017 , 02:20 PM
Quote:
Originally Posted by OurSurveySays
It is a fact that's why I've said it a few times. You can see last year our guys profited around $5m at the tables, the year before between them they certainly cashed under 2.5m. Most of the guys have accelerated through the tiers and improved massively, I'm not sure why it's hard to believe that they've made substantially more whilst being staked and commuting to proper volume, getting world class coaching and having the correct bankroll? This isn't WCG losing his money and then needing a stake for the same games with the same win rates.
If it's a fact then why can't you post a graph? The whole stable combined might have made more then 60% but that's because some people made 300k+ etc and your counting $ for the whole year which when some of that $ money was made before they played of ye. Are the backers profit's included in this 5m?
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02-07-2017 , 02:24 PM
Quote:
Originally Posted by ship
Would literally give up a hand or arm to join stable as a pleb cleaning floors and take a 10/90 split just to sit in on 1/5 of those coaching sessions.


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That's a bit excessive there

Sent from some phone using some app who the fk really cares
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02-07-2017 , 02:25 PM
Quote:
Originally Posted by OurSurveySays
That would be around 80ish hours of very high level content they wouldn't have seen. Imagine you could see 80 hours of very recent content from some of the best players who play in your games? Don't think it would dramatically impact your chances of success?

You're right maybe 3 months isn't so much, Gl being as close as good as somebody equal to you who has had 320 hours of potential content in a year compared to you.
Of course it would but you advertise it as if it's a guarantee and I'm trying to point out the pitfalls of a staking deal for any young potential player who is thinking of going the route of a 100% make up deal, you make examples of 2-3 you've done very well but don't mention anything about the possible 20+ (guesstimate) players buried in make up. just because someone disagree's with you doesn't mean there out to get you or jealous of you man.
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02-07-2017 , 03:06 PM
Quote:
Originally Posted by Voiceoftruth
If it's a fact then why can't you post a graph? The whole stable combined might have made more then 60% but that's because some people made 300k+ etc and your counting $ for the whole year which when some of that $ money was made before they played of ye. Are the backers profit's included in this 5m?
No our profits are not counted.

what graph would you like to see? How many? What time scales? We're not running some big scam or con here buddy? Post from your real account and I'll ask our data guy with all the sharkscope log ins to take some time out of his day tomorrow to get you some graphs, np.
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02-07-2017 , 03:10 PM
Quote:
Originally Posted by Voiceoftruth
Of course it would but you advertise it as if it's a guarantee and I'm trying to point out the pitfalls of a staking deal for any young potential player who is thinking of going the route of a 100% make up deal, you make examples of 2-3 you've done very well but don't mention anything about the possible 20+ (guesstimate) players buried in make up. just because someone disagree's with you doesn't mean there out to get you or jealous of you man.
Again you're just speaking randomly. We don't have guys "buried" in makeup. I think life time we have had 3 guys in more than $50k makeup, nobody ever over $75k makeup and our average makeup is ridiculously low. Around half of the stable are in less than $5k makeup and we have had stables try and sell us 3-5 horses that had bigger makeup than all of our guys combined.

But obviously you won't believe me..

Thread gets a little boring when I say X and you reply saying "no" not sure if there's some history, if you have some personal beef, we've rejected you from the stable previously or you have some vendetta for some reason, but don't really want this to become just you and myself going back and forth, pretty tedious reading from everybody else, when you're an unknown account "voiceoftruth"

Peace
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