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Limit Profitability

  
 
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chardrian
Old 05-16-2005, 04:55 PM     Post subject: Limit Profitability #1 (permalink)  
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Ok - the front page of this site says the norm for a "decent" limit player is to win on average, 1BB an hour. How true do you guys find this statement to be?

Does this average go up or down depending on table limit?

Does this average go or up down depending on number of players at table?

Does this average go up or down depending on the site?

How well does poker tracker work when you only have dial-up - how well does it work with paradise?

The reason I ask is because I have basically only played at Paradise. I started small and have moved my way up to 3/6. I am very partial to the 5 player max tables because I get to play a lot more hands. I have played some at the 5/10 tables but have found that my ups and downs are a lot more streaky whereas I consistently earn $ at 3/6.

Bankroll is currently over 3,000 - don't have poker tracker but have been studying my hand histories a lot recently which has helped.

Any comments/suggestions would be appreciated.
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koolmoe
Old 05-16-2005, 05:29 PM     Post subject: Re: Limit Profitability #2 (permalink)  
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Quote:
Originally Posted by chardrian
Ok - the front page of this site says the norm for a "decent" limit player is to win on average, 1BB an hour. How true do you guys find this statement to be?
This is quoted from an old book about play in casinos. Good players can win online at maybe 1.5x-2x that rate per table. Keep in mind that you play about twice the hands per table-hour online as live. You can also play multiple tables online.

Quote:
Originally Posted by chardrian
Does this average go up or down depending on table limit?
Generally goes down as stakes increase. Most players play the highest limits at which they can win. Higher stakes will be populated with more good players, but there will be the occasional action player who finds it fun to play at high stakes. At the lowest limits, a large percentage of the players are either still trying to figure things out or blowing off steam and easy to take advantage of. As a comparison, my win rate at 2/4 full table is about twice as high as my win rate at 5/10 6 max.

Quote:
Originally Posted by chardrian
Does this average go or up down depending on number of players at table?
It will tend to go down with fewer players simply because your rake exposure is higher. Your ability to play shorthanded is a bigger factor, though.

Quote:
Originally Posted by chardrian
Does this average go up or down depending on the site?
Yes. Different sites feature different levels of looseness and aggression. In fact, different stakes on the same site feature different levels of looseness and aggression.

Quote:
Originally Posted by chardrian
How well does Poker Tracker work when you only have dial-up - how well does it work with paradise?
Dialup/broadband is not a factor for PT. Your computer's processor is more important. I've never used it with Paradise.

Quote:
Originally Posted by chardrian
Bankroll is currently over 3,000 - don't have Poker Tracker but have been studying my hand histories a lot recently which has helped.

Any comments/suggestions would be appreciated.
Get a rakeback deal. It will help your bankroll more than anything else.
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elipsesjeff
Old 05-16-2005, 05:36 PM #3 (permalink)  
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anything over 0 bb/100 is beating the game. 1 bb/100 refers to a good player at the 10/20 levels and above.

You can average over 4 bb/100 a the .5/1 tables at party, and work your way down to about 3 bb/100 for the 3/6 tables. 5/10, I would say it would average out to be 2 bb/100 and anything above that a good player will win 1-2 bb/100.

As koolmoe said, the front page is very NL centric. It wasn't until recently that they actually realize a lot of LHE players read this site, if not more than NL. We have continually asked the moderators *cough* to update the front page.


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chardrian
Old 05-16-2005, 06:02 PM #4 (permalink)  
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Rakeback deal?? Assuming that you somehow are getting back a percentage of the rake from your tables?

How do I get this??
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koolmoe
Old 05-16-2005, 06:07 PM #5 (permalink)  
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check your PM's
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chardrian
Old 05-16-2005, 06:09 PM     Post subject: Re: Limit Profitability #6 (permalink)  
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Dialup/broadband is not a factor for PT. Your computer's processor is more important. I've never used it with Paradise.

Help out the computer illiterate guy here - what do you mean the processor is more important? I downloaded pokertracker only to find that I would need to save my hand histories from paradise and then upload them - seemed like too much work for me so I said screw it - I've been winning and am doing better just reviewing my hand histories and keeping a fish list by the computer.

I haven't been keeping track of my winnings in terms of BB/100 hand, but I think I will start to do so.
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|~|ypermegachi
Old 05-16-2005, 07:11 PM     Post subject: Re: Limit Profitability #7 (permalink)  
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Quote:
Originally Posted by koolmoe
As a comparison, my win rate at 2/4 full table is about twice as high as my win rate at 5/10 6 max.
you also happen to play double the amount of hands in the same period of time in 5/10 6max...
 
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Chicago_Kid
Old 05-16-2005, 07:14 PM #8 (permalink)  
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Quote:
Originally Posted by koolmoe
check your PM's
I've played on PTY and Empire for a while, but I'm ready to dump both my ID's to get hooked up on rakeback programs on party skins going forward.

Anyone know how I can do so to become eligible for new account status, thus get a rakeback set up? For example, must I pull out and stay out for 6 mths, etc? Im willing to do so.

Thanks
"Been gone so long, forgot how to poker"
 
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Nehmer
Old 05-16-2005, 07:19 PM #9 (permalink)  
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Quote:
Originally Posted by Chicago_Kid
Quote:
Originally Posted by koolmoe
check your PM's
I've played on PTY and Empire for a while, but I'm ready to dump both my ID's to get hooked up on rakeback programs on party skins going forward.

Anyone know how I can do so to become eligible for new account status, thus get a rakeback set up? For example, must I pull out and stay out for 6 mths, etc? Im willing to do so.

Thanks
Just create your rake back account on a skin like Eurobet where you probably haven't already done any bonus whoring. Otherwise, just create a new account on Party/Empire with a new email/address and hope they don't somehow find out
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koolmoe
Old 05-16-2005, 07:27 PM     Post subject: Re: Limit Profitability #10 (permalink)  
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Quote:
Originally Posted by hypermegachi
Quote:
Originally Posted by koolmoe
As a comparison, my win rate at 2/4 full table is about twice as high as my win rate at 5/10 6 max.
you also happen to play double the amount of hands in the same period of time in 5/10 6max...
True, but that's more a practical thing. It's not reflective of my skill in the game. It is a good reason for me to prefer 5/10 6 max over 2/4 full. Also consider that I am usually one of the lower VP$IP players at the table, so other players are financing my play by contributing to my rakeback deal. <muahahaha>
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chardrian
Old 05-16-2005, 07:37 PM #11 (permalink)  
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Again help the newbie out.

What the fruck is a PM?
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koolmoe
Old 05-16-2005, 07:51 PM #12 (permalink)  
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It's a private message. In the center at the top of this page there is a link to your forum mailbox. It reads something like

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You have 1 unread message
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chardrian
Old 05-16-2005, 08:16 PM #13 (permalink)  
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Gotcha - thanks.

A winning retard is still a winner.
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koolmoe
Old 05-16-2005, 08:19 PM #14 (permalink)  
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Quote:
Originally Posted by chardrian
Gotcha - thanks.

A winning retard is still a winner.
Please check your PM's again.
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ChezJ
Old 05-16-2005, 08:42 PM #15 (permalink)  
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at the bottom levels ($0.50/$1 at party, $2/$4 at the taj mahal, $3/$6 at arizona casinos), i've consistently averaged about 5 BB/hr in the long run.

less at higher levels, where there's fewer fish. but the higher $$/hr makes up for the lower BB/hr.

ChezJ
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