Matt Vaughan
King of Moody Rants
Bronze Level
How is this any different from any from of "paying yourself" from poker profits though??
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How is this any different from any from of "paying yourself" from poker profits though??
hackmeplz
Sleep Faster
Silver Level
What do you mean? Like basically the point of having a bankroll at all is to lower ror right? If we're withdrawing on downswings doesn't that just hurt our ror?
I guess the main question I have is what is our goal? I still haven't heard what the goal of our scheme is. I just don't see how "paying ourselves" a fixed hourly solves any problem whatsoever so I'm a bit skeptical of it. If my assumptions about our goals are correct, we should just cash out everything above x buy-ins after every session.
Matt Vaughan
King of Moody Rants
Bronze Level
If you withdraw in any way at all, I don't see one as being particularly different is all? Like if you're withdrawing and losing simultaneously it will always suck/affect your R-o-R.
That's why what I was suggesting is basically only withdrawing when you're "upswinging." Minimal impact on R-o-R, while also coming closer to paying ourself some fraction of our hourly in the long run.
In Sand's case I think it's just that he can't really move up, so it's kind of silly to just keep pouring more money into a BR for 1/2 when he's already got over 40 BI's. It's not like his odds of getting a 40-BI downswing are high. In fact they should be redic low.
That's why what I was suggesting is basically only withdrawing when you're "upswinging." Minimal impact on R-o-R, while also coming closer to paying ourself some fraction of our hourly in the long run.
In Sand's case I think it's just that he can't really move up, so it's kind of silly to just keep pouring more money into a BR for 1/2 when he's already got over 40 BI's. It's not like his odds of getting a 40-BI downswing are high. In fact they should be redic low.
Matt Vaughan
King of Moody Rants
Bronze Level
60 BI's is pretty reasonable assuming you have a good amount of living expenses set aside. Since your hourly won't be that high, you need a bigger safety net.
300 BI's might be a bit of overkill for cash games
300 BI's might be a bit of overkill for cash games
LuckyChippy
Cardschat Elite
Silver Level
I wasn't making a point of how many you need to feel comfortable at a level, I was making a point of how many you would need before you started separating life roll and poker roll. Up until you've made tons of money for that level and no longer ever want to move up, at that point you can start separating. Before that I feel like it's all just poker money, even if you have 200BIs.
Matt Vaughan
King of Moody Rants
Bronze Level
Gotcha. Though Sand is in an awkward situation in which he has 2 levels available: one that's full of fish, and one that's full of sharks. It's entirely possible his 1/2 winrate would be higher than his 2/5 one lol. Or at least so close that the 3x difference in swing-factor wouldn't be worth it.
But I understand what you meant now
But I understand what you meant now
Mr Sandbag
Legend
Silver Level
Not only is it possible, it's likely IMO. As long as I'm in this town, I probably won't ever be moving up because it hardly makes sense. Not only is the game absurdly tougher than 1/2 but it isn't guaranteed to run every night and definitely not with a full table at all times. Even if my win rate was better at 2/5, it'd have to be a significant difference. The swings would be way worse and I'd have to play at my peak more often.
xdeucesx
Bar Master
Silver Level
ducky ldo
BenjiHustle
Legend
Silver Level
BRO! Where are the grenade looking water balloons?
We just dumped on some randoms, about 75 grenade water balloons, last week. Having a park behind my house makes for some very nice opportunities to mess with randoms.
This thread's almost run its course. I'm nowhere near my goals. My winrate is good, but a lot of time off while Merge figured its sh*t out and then while PokerTracker figured out wtf to do with Merge HH's.
We just dumped on some randoms, about 75 grenade water balloons, last week. Having a park behind my house makes for some very nice opportunities to mess with randoms.
This thread's almost run its course. I'm nowhere near my goals. My winrate is good, but a lot of time off while Merge figured its sh*t out and then while PokerTracker figured out wtf to do with Merge HH's.
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