I'm trying to get a sense of how much experience I'd need to beat a live 1/2 game, or at least be a +EV player.
My background:
Watched a lot of ESPN in the mid2000s and played a lot of terrible poker with friends in high school. Now I work as an actuary (in other words, Bayesian probability is my job) and I feel like I'm seeing the game a lot differently with my math/stat background. I read through Gordon's "Little Green Book" and found a couple of articles online more helpful for playing super TAG at microstakes cash games.
Results so far:
I turned the free WSOP.com $10 into $20 playing very tight over a weekend following Gordon's starting hand recommendations exactly; got looser and lost a little, then won $22 more in a 450 person $100 freeroll (really easy with a couple of early premium hands that built a big stack; googled M and MTT strategy youtube videos- did what they said about changing gears around bubbles and understanding M); lost a lot at .01/.02 going from high $30s to $25 playing big pots with marginal hands. (Wow, awful. Embarrassing. I think I was overconfident from the MTT and trying to bully people the same way. Lesson learned, humbled. Thankfully for cheap.)
Recently turned my roll from $25 to $33 at .01/.02 with very low variance by reading a little online (
http://www.pokerlistings.com/how-to-...-strategy-pt-1) to understand when to avoid big pots and fold to reraises (TPTK is not for big pots, who knew). Moral victory: finally back > my "free" $10 and $22 even after paying something like $12 in rake.
My Goal:
My medium-term goal is to get enough experience before playing some $1/$2 live poker in AC for the first time this spring/summer (probably bring $600 I don't care about. Sounds way more fun than putting $400 on the craps table like I probably would've otherwise).
What suggestions do you guys have to give myself the best shot? How does live 1/2 compare to online .01/.02? Is there some measure of success I should reach before expecting to be successful at a live game (or to at least be better off playing poker than craps)?
My plan is to follow proper BRM and grind up to $80 before moving to .02/.04. I'm not opposed to putting my own $ in my account (e.g. no anxiety about busting) but I want to prove to myself that I'm crushing a lower stake before moving up. WSOP.com is kind of a ghost town so there aren't many higher stakes tables (sometimes .02/.04 is the highest stake available). I don't care at all about my online $/hr rate, I just want to make sure I'm learning and getting better.