Originally Posted by WarriorStoic
1) My goal is to play poker well enough that my time spent playing poker is not only fun but profitable as well. I would consider myself successfull at calling poker a part time job if i could make perhaps 10-15 dollars an hour avg. what level is necessary to acheive this type of earning avg?
what size roll is necessary to play at this level?
what game is most conducive to achieving this goal ie, stsng, ntsng, cash nlhe, cash limithe, cash plo etc etc
2) I have read many threads here since I joined, and it appears that ALL of the serious players manitian that a program like Holdem manager or Poker Tracker 3 is an ABSOLUTE necessity for success online, I have not bought one of these yet because i am concerned that it will hurt my live game (at which i am very profitable (I beleive it is because I can read people at the table very well) since that type of program will do things FOR me i fear that it will put me at a disadvantage in live play.....?
3) I currently have a roll of just over 80.00, so in refernce to my above question, is there a place i can start? or do I need to put more money on before i proceed to play as a person taking the game "Serious"
4) I have looked myself up on numerous sites, and my numbers and ratings are TERRIBLE. does this put me at a disadvantage against other players even tho I am seriously attempting to find and plug the holes in my game? does it make me more likley to be called when i play a hand for a raise? does it mean i should never bluff? should I create a new account and transfer the money i have to there so I can start at zero?
I intend to add to this thread as I come up with more questions
Good questions, though some are kinda hard to answer. Just the cash game side, I'm not knowledgable on SnG's...
20 buyins is considered a minimum bankroll, so $80 roll = 2nl (40 bi's). Once you work it up to $100, you can play 5nl (that's 20 buyins for 5nl tables).
Note that 20 bi's is considered a MINIMUM br - better players can get away w a little less, but someone who's learning should not play without AT LEAST 20 bi's, and if you know you have leaks in your game you should consider having a larger br. Once you start playing harder limits, you also want to increase your br requirement, since you're less "better" at a tougher limit relative to the player pool.
Many people are concerned that PT3 or HEM will hurt their live game. I disagree, it can only make your live game better. This is a common misconception that is based, I think, on not understanding what PT3 and HEM actually do - they don't automate anything, they don't tell you what to do while you're playing. They DO help you identify situations where you could've played better, where you have leaks, etc. They DO provide you quick information regarding the players you're playing against - but no more so than someone playing 1 table (live or online) would have available to them.
Having an hourly goal is something you should only work out after you have some experience, and if you're interested in hourly goals, you really DO need HEM or PT3. Hourly rates depend on:
1. What limit are you playing.
2. What's your winrate at the limit you're playing.
3. How many tables can you play simultaneously (i.e., how many hands/hour can you play).
4. What's your winrate at the limit you're playing when multi-tabling.
PT3 and HEM help you track your winrate. If your winrate is zero, nothing else matters, your hourly will always be zero. If you're good enough to beat 25nl at 5BB/100 (which is $12.50 for every 1000 hands you play) while playing 1000 hands an hour, that would be your hourly rate.
If your stats on the sites are terrible, this is actually good news on two fronts. First, you probably have lots of opportunities to improve your winrate, so things will improve for you over time if you work hard on your game. Second, you look like a fish, and anybody who pays attention to the stats on the sites will treat you like one - this is good news in the sense that if you understand that, you can play in a way to exploit that perception.
Variance in PLO is sky high.