Well, clearly no-one plays 5NL hoping to make money, but in terms of using these figures as a measure of success, it's a good way to track if you are doing ok.
Interestingly, at 3bb per 100 hands, here's what I am currently facing:
Ferguson rules to reach next level - +45 profit
+ 45 profit = 900 big blinds.
900 big blind profit @ 3 per 100 = 30,000 hands...
60 hands per hour on average online means 500 hours play to make $45 in order to move up a level.
Now, here is a question. Clearly I am not doing this for money, I really want to be a better player. I primarily want to play live cash tables in casinos
(where I do ok).
Given the amount of learners and really loose play on the micro tables, am I really playing at the best level to develop my poker abilities ? Let's face it, you gat some really slack play at the lowest level, to be expected as the lowest limits is where people come to play for the first time. You just can't practice steals, barrelling, and other things that you really do need to bring in to your game, you can't hand read because people open with anything and call with anything, do you really help your game on the lowest table ?
I can increase my bankroll, keep to Ferguson rules and play on higher level tables and keep trying to improve.
So, I guess the question is, what really is the best level to play at if you are trying to tighten up as an intermediate player ?
I can bankroll much higher, if it will get me to a level where it's much better to learn.
Any suggestions ?