How about fixing 2.5k 5bb waitlist being same as 100bb

I have been watching the live at the bike games the last few days, mostly because my friends Dan and Jason were playing and fun watching them knowing what they think about the other guys etc.

Anyway on the third day there was supposed to be a big game, some people didn't show and then on twitter people kind of gave the benefit of the doubt to a couple of the guys because they are fishy or whatever but Matt Berkey didn't escape criticism and lot of people were giving him ****. Doug made a fb live post about the situation and a lot of people took their frustrations out on Berkey.

Doug Polk was live.
10 November at 22:17 ·
Today's game has changed at the Bike, this is a problem that is becoming worse and worse in poker and I want to talk about it

Previously in situations like this I used to love watching things unravel in a very evil way. Seeing somebody being bullied or targeted is something a lot of people love to get off of in a sick way. But I completely get it. When people post on 2p2, or go on twitter rampages or comment on Facebook or even tell friends etc these things stick, people like being in the "cool gang" picking on the guy who's generally left to himself to defend himself, but they don't really think about the big picture and the damage they can create.

Lets profile Berkey

Live cash game player who gets invites and opportunities to play invery good/big games

Lets see what he's being accused of

Not turning up because the game was too tough

Lets look at the facts
- Berkey played in a bigger and tougher game at PAD
- Berkey contributes to poker community immensely, has a youtube channel, does commentary on WSOP
- Berkey owns a training academy
- Berkey gets invited to play in big games regularly with amateur players mainly because he "gives action"

So what are the consequences?

- His reputation immediately gets damaged, even if general consensus later is that he didn't do anything wrong, it still suffers from some angles
- It puts a black mark against his training academy
- It puts a black mark against his opportunities to contribute to poker community in media spots etc
- It could in theory even make amateur players think oh this guy is the pro who didn't show up because the game was tough, now he wants to play? nahhhh

Now I used to always love this kind of drama, I was on NVG all the time, not trying to rail big pots but in a saddistic way, trying to look at who has ****ed up this week in poker. Now it really doesn't interest me, it is very toxic way to go about life and the kind of people who post there or about this on twitter/fb etc will very likely be toxic and have a bad influence on you too.

In these kind of cases I think its absolutely imperative we give people the benefit of the doubt. If somebody is being accused of something our first impulse should always be to try and hear their side rather than just initially believing the hype and telling others about it. I suffered very similar stuff with the barca angleshoot thing. Party ambassador, biggest stable in the world, high stakes reg live/online there is lot of stuff I put into jeopardy because I didn't protect myself at the time and that was 100% my fault and should have handle it way way way better, I immediately got reactive, tried to cause more battles etc, Berkey handled this really well imo. He said his peace, defended himself but was respectful about it. For me with the barca stuff I learned a few things, firstly that I put myself into situations before thinking and should always take extra time to think before impulsively opening my mouth and secondly that people will jump on you and they are looking for a chance to hate on you and relish the hate others show towards you. I think almost every poker NVG type thing previously I've always looked at with somewhat saddistic eyes, but it actually felt really nice this time that my first reaction was to take the side of the accused and think from his point of view before making my mind up about the situation.


Once you actually start giving people the benefit of the doubt and looking at things from their POV I think it makes you a much happier person.

Been really great last few days, lots of my goals building great momentum.

The "p-files" I have really great vision of how its going to be and 2 great guys working on it for me, feeling great about that and know its going to give me huge edge next year. Will continue expanding it throughout 2018 and then retire in December and sell it haha just kidding, welllll maybe.

In Hungary now and will hopefully sign 3 new deals tomorrow which will be great mutually beneficial deals. Will hopefully be able to make a post about it on Friday.

Reviewing of the stable is tough as always. Unfortunately every 3-4 months you just have to simply drop a bunch of people. People fall behind for lots of different reasons, laziness, personal life, health, but also some people just run really bad to an extent where its really tough to recover. Reminds us to always stress importance of game selection and playing games you really crush in.

partypoker going amazingly well, really happy with progression there and hope after new software updates we really kick on.

I have clear vision of how my personal/health/fitness/diet will look like in the near future, but that is somewhat a problem, I am so busy either travelling for business, going to play poker somewhere or theres a series online or whatever and I always say ok next week, this is all done I'll start, and then something important comes up and I say ok ok one more week. Will have one last blast out in Budapest in the next couple of days, but next week we start! haha.

Regarding flights etc I woke up 11am today, flight 1pm, basically immediately decided to sack it off and book the 6pm. I managed to have 3-4 good extra hours of sleep and then 2 hours of important meetings, so seemed gto. BA let me change for free too <3

On the flight I planned to sleep, but passenger infront of me ended up being a senior person in a really big company and they were doing a presentation for the chiefs of the company in Budapest and through the tiny hole on the left of the seats I managed to read the entire presentation as they were doing it. Pretty interesting insights, is this creepy? Standard?

On the topic of bankroll management, I really didn't get many responses, which is fine, but coming begging for more again

So lets say my schedule next year for live tournaments is

5k main events - 100% roi
10k main events - 100% roi
10k highrollers - 40% roi
25k highrollers - 10% roi
50k highrollers - 20% roi
100k highrollers - 15% roi
300k highroller - 20% roi
1m highroller - 15% roi

Lets just say those roi's are true and my poker bankroll was $1m, $2m and $5m what kind of BRM would you use for all of those tournaments.

I saw this week guys who are playing 1m live events and all regs are 100k+ tournaments were selling for 2k online events, so made me requestion the whole thing.

Quick thought wrt BRM. The BIs representing 1% of BR should be 100% you. So, even though the 50k represent lower ROIs, I don't think you should sell action if your BR is $5m.

As far as bigger BIs with lower ROIs, I'd sell action to insure I only use 1% of my overall BR for each event. So, sell 50% of your action for a 100k BI, assuming a $5m roll.

Is this too aggro? Perhaps...what do I know? I'm just a micro pleb.

Btw, love the perspective you choose to adopt with regards to poker NVG drama.

Regarding BRM.
I have looked into the subject pretty indepth and have some peculiar input to give (it includes the maths & sources used to derive the guidelines for what brm to use)
This for both online & live and assuming different roi + other factors that have to be taken into account.

I can DM you this stuff and if you like it and find it even slightly interesting as food for thought, would you be willing to give me 1h of coaching and/or access to some of your stables videos?

@BRM: NO easy solutions here and with your informations is tough to say anything.

What is your true BR?
Your money invested in ventures belongs to your BR?
Whats your expected income within the next couple of years?
What are your cost of living (lifestyle costs)?
There are so many variables here to include in your BRM decision.

The lower your lifestyle costs are, the higher your future income will be, the higher your risk tolerance is, the lower your amount of Buyins is prob needed.

If your Roi estimations are true, you should prolly go something like this.

taking something like 1 BI for every 40% Roi for example
5k main events - 100% roi 3BI
10k main events - 100% roi 3BI
10k highrollers - 40% roi 1BI
25k highrollers - 10% roi 0,25BI
50k highrollers - 20% roi 0,5BI
100k highrollers - 15% roi 0,375BI
300k highroller - 20% roi 0,5BI
1m highroller - 15% roi 0,375BI

Buyins can be within 100BI 200BI 1k BI or even more with 2K BI planned, depending on your circumtances above.

Meaning 1kk BR with 250BI: 4k$ per BI.

I prolly forgot a bunch of varianbles, just all some ideas.

Feel like it's mostly up to you. There's load of guys playing for 5-15% of themselves. Surely a few have fantastic mind set combined with great skill and aren't investing very much into themselves.

It doesn't make any sense to me if someone who can fire $5k+ of their own action into a high roller yet sell action for an online $2k. Is the online $2k that much tougher than a live 100k+? What do you think your roi is in online $2k? Is $2k even a small scratch in a $1m roll? If not, then why play backed?

Only logical is if they're selling themselves at a mark up which they think is more than their own roi.


My gut tells me anywhere you think is 100% roi should be smooth playing on your own roll. Everything else depends on what type of variance you can withstand and how well you can run in the moment. The more risk the more possible reward.


br 1m: Would play every 10k and less on own roll. Shot take a good spot at a 25/50k.

br 2m: Would play everything up to 50k with shot taking 100k's if the tournament is great value. Would consider some partial staking for 25-50ks if it's not going well.

br 5m: Go for it?! The 300k seems like great value and won't really dent your roll. It would personally feel sick playing 1m on this roll.

Outside incomes would seem to be a huge factor as well. Play everything if you can generate the buy ins outside of grinding? Of course within the means of staying happy and excited to play poker.

Thanks for sharing this also. Feels really awesome to know what possible rois look like at lower stakes based on your info. Starting to think that 150-200%+ is possible at 300-500~ level. Most of the time I sit down and it feels like the big $2 5 years ago.

Depends what you want your brm to represent. If you want to play sequence of similar tournaments like this and find optimal pieces you want to have, I can calculate it for you. Just asking what brm you should have makes no sense at all.

Of course with the main events, although they will have higher roi, tge field size will be bigger, and hence variance wil also be bigger. Where as the high rollers will have small field sizes. So you should be able to enter the high rollers with a larger percentage of your bank roll

This is most likely case - I'd imagine $2k online is a much tougher field even for a top reg as edges are less.

Obv pads knows his ROI in these tournaments but I don't think you can set a blanket "I should take this much in every $10k and this much in every $50k" because avg player ability varies so much between them. Pads ROI in a WSOP $10k could be 100% but in a tour HR or a PSC ME could be only 80% (obv estimating numbers)

Imo a 2k online mtt the max roi is 10% and live highrollers up to 30% so yes it is tougher


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We're really happy to announce our new plans of the first ever "Super Stable" in poker. bitB Staking has been around for the last 3 years and have created the best community of coaches and players in online poker with people like Fedor Holz the mastermind behind the whole project 3 years ago and current roster of people like Steffen Sontheimer and Dietrich Fast amongst dozens of other high stakes crushers.

Moving forward we are looking to expand in every area of poker, creating communities of players that work together to become the best in the business in their area of expertise.

One of the main problems we had when looking to expand was difficult of communication for very complex strategical discussions. Lower stakes players who didn't have English as their first language struggled sometimes with confidence in expressing themselves or completely grasping topics to the complexity needed to really move to the top of the game.

We are delighted to partner with one of the best Spin "n" Go stables in the world Pro Poker Backing and create "bitB Spins". They already have some of the top coaches in the world and their roster of 100+ players we will look to both improve and increase by creating a community feel similar to what bitB MTT currently has.

As well as creating bitB Spins we are delighted to announce we have moved into regional franchises including both bitB France and bitB Hungary, all three new branches of the bitB tree will be live from December 1st. You can email: bitbstaking@gmail.com

Currently the formation of the company is:


bitB MTT
bitB Development
bitB Spins
bitB France
bitB Hungary

Moving forward in the short future we would like to expand to:

bitB MTT
bitB Development
bitB Spins
bitB France
bitB Hungary
- - -
bitB Online Cash
bitB Live Cash
bitB Live MTT's
bitB Brazil
bitB Espana
bitB Italy

and many more.


If you currently have a successful stable in a niche market or in a regional market then feel free to get in touch about speaking about a cooperation.

We are very determined and confident that in every area of online and live poker we will be the number 1 community to improve your game.

Each branch of the brand whether that be deep stack cash games, 3 handed spin n gos, live cash or bitB Brazil will combine together, all coaches will cooperate and we will ensure that our players will be months ahead of the competition.

We are very excited to become the first "Super Stable" but also realise it will take a lot of hard work, but we wouldn't have it any other way.

bitB

Very impressive. I can imagine it is a lot of work managing all the needed parts on top of staying sharp to stay a competitive player yourself. The more respectable are your guys' own results.

At BRM field sizes have huge effect on variance. Although ROI can be huge in smaller buy-in events at 1000+ fields one can easily losing streak that'll last years when playing on live events.

If getting decent MU it also depends on how much you value controlling variance over maximum EV. I really wouldn't play any of those without selling some % if it would be rather easy without high 7-figs poker bankroll.

I am rather skeptical about long-time sustainability of some of those ROIs, but they might be doable with good same selections (some 10k live HRs might easily be harder than some other 50k+ live HRs). But even if they are true it's still very likely to get some bad year after a while and see moneywise big downswing so it's usually wise to be too careful over too greedy when it comes to MTT variance (especially on live events).

One easy reason would be for selling % for smaller event with big bankroll is that many players usually seem to play more seriously when they have sold some % to other people as they feel more responsible when someone else money is at the stake. Of course there's some people who consider it other way around, never minding losing other players money.

Online I can understand people want to smoothen their variance with even smaller events. When you got abi is like 200 and there's few good value 2k or 5k events at offer some people like me don't want to see good months in small games brought down to losing month by few suckouts at the big buy-in ones. It's the same on smaller levels too, most people really can't handle variance when downswing hits and go broke easily. I guess that's part of the reason why bitB has been so succesful.

Thoughts on stars HR series? Or can you not really comment because of PP things?

Entertaining thread as per, thanks for doing!

sign me up!?!??!?

GL in 2018, thx to be a inspiration.

Growing up watching poker, I thought one day when I make it I'll be able to play GUKPTs. I would play the free roll entry and £5 rebuy on a Wednesday in Grosvenor when I was 18, I loved it and got such a buzz. The very first time I played in the free roll I got knocked out and they asked if I would rebuy and I remember very clearly saying "no, no you guys are WAY too good for me" these guys are in hindsight absolute fish but at the time I saw them and was like wow. When GUKPT came into town I would go down and sweat it the whole time, every second of the weekend I would be on the rail, watching and trying to learn.

I've only ever managed to play one GUKPT before and it was a small one, I've also never played in London since I've moved so when the GUKPT Grand Finale with double the normal buy-in came I wasn't going to miss it.

Day 1 was very smooth, played probably 80% vpip, most people told me what they had most hands, won one cool pot where it went open, call, I squeeze. AA2 I check and face a 4x pot overbet jam and his K7o was drawing dead vs my Aces lol.

Day 2 went well too and then I decided to play one of most ****ed up hands that I've ever played. I think reading like high rollers etc is pretty hard, peoples emotions etc, even like your average EPT reg its relatively tough, but for a somewhat experienced live player, playing these local tournaments a lot of people will often just tell you what they've got, I speak to almost all the guys, find out how they got in the event, have banter, find out their job, ask if they went away in the summer etc, finding out all about their life story is 1) Interesting 2) Gives gigantic advantage. For the guys out there wearing headphones, seriously, take them off!!!

Anyway, I open TT, Bena flats, button flats, sb flats, bb flats. 987r, I check, pretty close, but I don't want to get raised and will be basically checking here always. Everybody checks round.

Turn 987T, checks to button who bets like 40-50% pot, like 30k into 65ish. BB gives away his hand and flats, they both have around 250k and I have around 350k. We are at the end of Day 2, 36 left, 30 get paid, average like 170 or something. I think button often doesn't have a jack. Maybe just stabbing or potentially a six or maybe some kind of random hand. BB I am close to certain has Jx, otf he wasn't interested at all, he was on his phone (I played lots vs this guy and when he's interested he's looking at everybody when he's not he's on the phone) and on the turn he put his phone away and started paying attention and called quickly. Because I have TT he likely didn't turn 2 pair so he either has 6x or Jx.

I think both players never have Jx and the way the hand was played my shove is really really really huge, if I for example win all in here I have like 5x average or something absurd. I think button will fold almost always with the guy behind him, but the question is will the big blind fold.

Likely bena never has 7/8/9/T in his hand as all those combos will bet flop when he peels mp vs ep. SB I am almost sure has jack with no pair and button I think will have 2 pair virtually never. So theres:

52 cards
4x board
2x bena
2x button
2x sb
2x bb

So theres 8 cards that I think aren't connected to the board in terms of pairs that means I add a bunch of equity compared to what I would normally have in this kind of spot.

So theres 38 cards left and I have
3 7's
3 8's
3 9's
2 T's

To win

3 Jacks to chop.

So over 36% of the time I am not going to get stacked, theres a bunch of dead money and I seriously think that BB will NEVER consider me to jam with less than Jx and to be really QJ heavy. He's basically calling for his tournament life and heaps of BB's just for a chop, I don't think this kind of amateur makes that call on the bubble, and yeah if I'm wrong, I still get in the money OR win absolute monster stack.

Button tanked and folded, bb took longer, I eventually called clock on him and he folded AJ.

Throughout the hand I was like omg WTF am I doing, just call, hit a full house, no problem, to ok maybe it isn't too bad to WTFFFFFFFFFFFFF am I doing. It was a big big sweat but eventually got through.

Anyway, got into the money, was chip leader for bits and bobs for the rest of the time and I got to the FT pretty short losing a few inevitable flips. I busted jamming 10bbs in cut off in close ICM spot, the amateur on the button (guy who folded aj) was 1/8 with absolute heaps and everybody else ICM pressure, I waited for him and he went to his phone instead of looking at me so jammed a little wider than ICM would suggest (87hh9, he folded but bb had 99 and it was gg.

Anyway, £14,000 is just fine, winning would have been amazing and meant something little special from bottom to top of my poker career, but had an amazing few days and went away with smile on face so np.

Rushed home at around 8pm after 3 long days, logged on to reg the HR Series, managed to get this sweat for tomorrow.

solid overlay,
gl tomorow

Enjoyed reading that story, pads! It’s funny how we can look back to early on in our poker careers as to how much we overrated certain players, thought the people winning big tourneys had some type of superpowers, etc. Expectations are always way higher than the reality.

GL TID in the $2k tomorrow!

$70k overlay in event #1. GG stars.

Go Pads. #Punishtimex today

Sick hand too

Not sure how anyone can be positive about this thread. How on earth can it be good for the poker community if one stable has an absolutely dominant market share? ALL stables are bad, especially this one. Even if (and I'm not saying this is entirely the case) you have a bunch of weak players under your wing, they are still going to be given resources and shared databases that result in everyone having their bottom line reduced. Some of your horses will gain from the coaching they receive in the short term, but most of them will still be relatively broke and playing in slightly tougher games. The stable owners (and coaches, many of whom are massively overcharging) are the only real long term winners.

The sites are putting a huge emphasis on protecting the recreational player at the moment which is fantastic. I just wonder how long it will take for them to realise that stables are probably the single most cancerous thing in the MTT poker scene right now. I don't think you're a bad guy Patrick, but its utterly staggering that party thinks that you are a good fit for their business. Conflict of interest is an enormous understatement.

The guys liking this thread will mostly be broke people who are hoping to one day make a few bucks off you, but they are too inexperienced to see the long term downsides.

Someone influential (that's not me) needs to start lobbying against big stables. Educate the sites about the practices of stables and perhaps the longevity of the games will increase.

Sorry to be so negative but someone needs to speak the truth.

hey man, it's the best in the world business super stable most important year yet!