Quote:
Originally Posted by 27offsuit
Your goal is to print your equity and a proper bankroll is required to account for variance.
You simply can't have 20% of your roll on the table in the form of one buyin. People who talk about variance in a purely anecdotal way are also often just bitter losers who think they are better than most of their opponents and they just aren't. Hubris and ego cloud their world view.
Agreed, this is what I was trying to say. So long as you are rolled for many, many buyins and put in the hours you'll be fine.
Quote:
Originally Posted by Chicagodude
Bankroll not a problem for me at present. I think for NL 1/2 10k is the rec. bankroll
You're fine then. The only thing stopping you from not being able to beat live 1/2 then is your own skill level. You'll have plenty of times where you're down multiple buy ins on a single day. They'll be other times when you need a cart to stack all your racks on.
These games can be crazy at times.
I still don't think it's reasonabe to play 1/2 if your end goal is profit though. Even if you're one of the best out there at 1/2, even crushing it in god mode, you're kind of capped at 20bb/hour and that's being super generous. Most guys I knew were anywhere from 8-14bb/hour with some outliers above and below. This was at the lowest level in Macau, which is like the equivalent of $3/$6. The guys playing the nosebleeds have significantly lower expected winnings. I knew one guy who was just happy to get a few blinds of profit over the course of a day long session.
There are many jobs out there that will pay that and include things like healthcare, matching 401ks etc, better hours, respect from the community, etc. 1/2 is great for having a fun hobby that can generate side income. It's a horrible life choice if that's the end goal.
If you can't reliably beat 5/10 or higher for a living than grinding live poker for a living will never be an optimal career choice. Even if you didn't go to college, there are many careers out there with far less stress, added benefits and upward mobility that poker doesn't offer.
Very few poker players earn more today than they did 10 years ago. You can't really say that about anyone else who didn't choose poker as a profession.
Last edited by rickroll; 07-01-2019 at 11:21 AM.