Having a really bad downswing immediately after setting poker goals - Page 196 - Poker Blogs and Goals -- Two Plus Two Poker Forums

Someone's still stuck in 1970.

I was going to point out I was exaggerating but your post is so removed from reality mine may as well be literal. Maybe read up on the student debt crisis.

This, it's insane how much debt people get after going to the university, it's like we're back in the slave system. Even for free university isn't worth it for some people.

But it's not like 6bet me is looking good ofc haha.

Is him still sharing that apartment with 6 people?

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10-25-2018 , 11:16 PM

#4877

aoFrantic

Carpal \'Tunnel

Join Date: Apr 2007 Posts: 25,221

Quote:

Originally Posted by dogarse

Someone's still stuck in 1970.

I was going to point out I was exaggerating but your post is so removed from reality mine may as well be literal. Maybe read up on the student debt crisis.

OP is from Australia. Capitalism seeking to break students is a uniquely American problem.

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10-25-2018 , 11:23 PM

#4878

6bet me

Pooh-Bah

Join Date: May 2016 Posts: 3,885

Quote:

Originally Posted by aoFrantic

OP is from Australia. Capitalism seeking to break students is a uniquely American problem.

This.

We have a much nicer system in regards to student debt. I've technically got over 20k in HECS (student) debt, but the interest rate is minimal (it only goes up in line with inflation) and none of it needs to be paid back until my income reaches a certain point (and poker income doesn't count as real income, apparently).

Quote:

Originally Posted by Rapidesh123

Only 5 people but yeah. I don't plan on increasing my cost of living until I've paid off the debt completely. I'm going to stick to a strict $300/week budget. And if that means living in an overcrowded apartment, then so be it.

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10-25-2018 , 11:49 PM

#4879

6bet me

Pooh-Bah

Join Date: May 2016 Posts: 3,885

So everyone is asking me for more data at 1/3, including everything combined (on and off stake). I only started recording my sessions in detail since the 3rd of June, so this is all the data I have:

Game: 1/3 NL
Off DLuo's stake: 87 hours, $2663 profit
On DLuo's stake: 126 hours, $1673 profit
Total: 213 hours, $4336 profit

Of course, if you'd asked me this 7 sessions ago, it would be closer to $7300 profit in 180 hours. My recent downswing has caused my hourly to drop a lot.

I made some money between 1st January and 3rd June, but I didn't record how much of that came from 1/3 NL and I didn't record how many hours I played, so I can't add that in.

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10-25-2018 , 11:49 PM

#4880

mirage01

banned

Join Date: Jan 2013 Posts: 3,151

6bet how much does your gf contribute to your budget as a couple? doesn't seem split.

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10-25-2018 , 11:52 PM

#4881

.isolated

Carpal \'Tunnel

Join Date: May 2012 Posts: 21,495

Quote:

Originally Posted by 6bet me

Of course, if you'd asked me this 7 sessions ago, it would be closer to $7300 profit in 180 hours. My recent downswing has caused my hourly to drop a lot.

This shows a fundamental flaw of your thinking. Sure it's a downswing. But what if before was an upswing and your hourly is whatever now? You don't know and there's no need to dwell on the "7 sessions ago". Let it go and move on, like a professional would.

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10-25-2018 , 11:58 PM

#4882

6bet me

Pooh-Bah

Join Date: May 2016 Posts: 3,885

But it goes to show how volatile my win rate is and how far away it is from convergence.

Like, if I can have a $40+/hr win rate after 180 hours, but only a $20/hr win rate after 213 hours, then clearly, there is a long way to go until my win rate actually stabilises and becomes meaningful.

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10-26-2018 , 12:03 AM

#4883

.isolated

Carpal \'Tunnel

Join Date: May 2012 Posts: 21,495

That's my point. Don't dwell on what you've done because you have no idea what your expectation is at atm. Just keep grinding, play well, don't get frustrated during downswings, get a real sample, and then look at it.

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10-26-2018 , 12:08 AM

#4884

Shai Hulud

old hand

Join Date: Feb 2010 Posts: 1,919

Quote:

Originally Posted by herbalerv

Lol him and his missus gonna take the money and disappear to Thailand

Even though I say that tongue in cheek once he gets this loan either way I guarantee updates dry up

Didn't you see the chat where the genius offered to give his loan shark his passport?

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10-26-2018 , 02:56 AM

#4885

6bet me

Pooh-Bah

Join Date: May 2016 Posts: 3,885

The contract has been signed! DLuo handed me 20k cash and I handed him my passport. I'm excited to start the grind!

GL me.

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10-26-2018 , 02:58 AM

#4886

jordan1352

journeyman

Join Date: Jun 2016 Posts: 222

New chapter of the thread begins, this may be the best part yet

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10-26-2018 , 02:59 AM

#4887

wj294

adept

Join Date: Jun 2015 Posts: 1,121

Can we get a video of you making it rain please?

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10-26-2018 , 03:06 AM

#4888

mirage01

banned

Join Date: Jan 2013 Posts: 3,151

And we have officially entered a new era of ******ation. Countdown to OP and GF escaping to thailand on a leaky fishing boat.

OP you should take your gf out to a fancy restaurant to celebrate your new windfall.

Last edited by mirage01; 10-26-2018 at 03:17 AM.

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10-26-2018 , 03:10 AM

#4889

ReGen

grinder

Join Date: Oct 2017 Posts: 608

Quote:

Originally Posted by 6bet me

The contract has been signed! DLuo handed me 20k cash and I handed him my passport. I'm excited to start the grind!

GL me.

Why is the passport considered some kind of security? Unless Australian law is extremely strict in this regard you can just report the passport as lost, pay a fine and get a new one. Of course, this prevents you from skipping the country from one day to the next, but moving abroad is still an easy option.

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10-26-2018 , 03:11 AM

#4890

ReGen

grinder

Join Date: Oct 2017 Posts: 608

And regarding the passport thing - so the loan contract basically says "no vacations abroad until loan is repaid"? Sounds like a perfectly normal loan condition. A wonder that banks haven´t implemented this yet.

(OK, I know OP offered his passport himself, but anyway...)

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10-26-2018 , 03:17 AM

#4891

jordan1352

journeyman

Join Date: Jun 2016 Posts: 222

So what's the money going to be doing when its not on the table? Under your mattress? In a bank earning interest? Or in other investments like stocks and bonds? All in on bitcoin?

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10-26-2018 , 03:26 AM

#4892

6bet me

Pooh-Bah

Join Date: May 2016 Posts: 3,885

Free $1000 if you catch me breaking any rules
For the next 6 months (26th October 2018 until 26th April 2019), I will give $1000 to anyone who catches me breaking any of the rules below:

1. When at the casino, I will only play 1/3 NL and 2/5 NL.
2. I will only play live poker between 8am and midnight.
3. I will not play any tournaments.
4. I will not drink alcohol whilst playing, or play whilst under the influence.
5. I will not lose more than 2k in a night.
6. I will not play any casino games other than poker.

If multiple people catch me in a session, then it's just whoever catches me first.

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10-26-2018 , 03:29 AM

#4893

wj294

adept

Join Date: Jun 2015 Posts: 1,121

Rule 2 seems unwise, why a fixed finish time?

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10-26-2018 , 03:30 AM

#4894

.isolated

Carpal \'Tunnel

Join Date: May 2012 Posts: 21,495

6b, for the official starting tally, how much do you actually have after paying back the make up that you owed?

edit: I don't think rule 2 makes any sense either.

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10-26-2018 , 03:38 AM

#4895

Parsons Grinder

veteran

Join Date: Aug 2014 Posts: 2,372

I've read the first 4 pages of this and seen it's got to 49 pages in less than a year. Is this thread just a continuation of the first 4 pages or is it actually worth reading for the laughs?

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10-26-2018 , 03:46 AM

#4896

SimpleRick

banned

Join Date: Aug 2018 Posts: 4,660

Quote:

Originally Posted by 6bet me

Why?

You clearly don't think you have the discipline to do this on your own so your offering money you can't afford to give away in the inevitable event that you should break one of these rules. A poker player shouldn't have set rules like this. Honestly a really good 5/T game might be going with a fish who is going all-in every hand. But it won't be worth 1k to sit down.

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10-26-2018 , 03:50 AM

#4897

MMSS

Pooh-Bah

Join Date: Jul 2013 Posts: 4,679

Are the best games in a casino not late night into the early hours? I struggle to see how 2pm poker on a tuesday are the best games. I'd have thought a live grinder would think something like 5pm-5am was his bnb on friday and saturday.