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Long Term BB/100 at Low Limit Stakes

  
 
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rubixstreub
Old 10-21-2005, 05:04 PM     Post subject: Long Term BB/100 at Low Limit Stakes #1 (permalink)  
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What are the goals you should be shooting for at the following levels. What's considered crushing? What's acceptable, but shows leaks where improvement should be made?:

Micro: (1BB or less)

1-2

2-4

I've seen a few people post PT stats for the lowest end of this low limit spectrum with anything above 7BB/100 being respectable. Is 10BB/100 possible over the long term?

I assume the higher you go the lower this stat will be, but is 7BB/100 sustainable over the long run up to the 2-4 level for the average well educated poker player?
 
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Nehmer
Old 10-21-2005, 05:37 PM #2 (permalink)  
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You should be happy if you are making more than 1 BB/100 and very happy if you are making over 2 BB/100 in the long run. I will say that anybody who claims to be making 7 BB/100 in the long run at 2/4 is either full of shit or doesn't know what the long run is.
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Ltrain
Old 10-21-2005, 06:18 PM #3 (permalink)  
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Quote:
Originally Posted by Nehmer
You should be happy if you are making more than 1 BB/100 and very happy if you are making over 2 BB/100 in the long run. I will say that anybody who claims to be making 7 BB/100 in the long run at 2/4 is either full of shit or doesn't know what the long run is.
I agree. I consider anything over 2 BB/100 (after the rake) to be someone owning the game at 2/4. You can have 7-10 BB/100 over a few thousand hands with a little luck and good table selection, but variance will reign you in eventually.
"Don't judge a man until you have walked a mile in his shoes. Then you are a mile away, and have his shoes." - Anon.
 
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JJDylan
Old 10-21-2005, 06:20 PM #4 (permalink)  
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id say between 2 or 3 is very respectable, 4BB/100 IMO would probably be the top of what ive seen people beat the game for over an extended period of time. 7 just seems outrageous
 
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pokerlearner
Old 10-21-2005, 06:21 PM #5 (permalink)  
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I have a related question. Since I am playing B&M only now, what is the reasonable number of hours to at least at least a good enough sample.

We saw in Fnord's sticky that "10000 hands isnt long term" but still usually comment on a guys PokerTracker stats starting from say 5000 or 10000 hands.

What would be a comparable sample in # of hours in a B&M.
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JJDylan
Old 10-21-2005, 06:30 PM #6 (permalink)  
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Quote:
Originally Posted by pokerlearner
I have a related question. Since I am playing B&M only now, what is the reasonable number of hours to at least at least a good enough sample.

We saw in Fnord's sticky that "10000 hands isnt long term" but still usually comment on a guys PokerTracker stats starting from say 5000 or 10000 hands.

What would be a comparable sample in # of hours in a B&M.
figure that dealers in the B&M can deal 30-40 hands an hour (i think this is somewhat accurate) and solve from there
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rubixstreub
Old 10-21-2005, 07:59 PM #7 (permalink)  
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okay, so over 1 at the 2-4 is solid...

where's the drop off really hit? The 1-2 game or the 2-4?
Is 7BB unrealistic at the .5-1 level? I only ask because I've seen number people post stats at that level and nobody said they were "crushing the game". I'm genuinely interested in what goals for these low limits should be.
 
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Fnord
Old 10-21-2005, 08:25 PM #8 (permalink)  
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Quote:
Originally Posted by RubixSoHo
I'm genuinely interested in what goals for these low limits should be.
Play well.
 
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jmontis
Old 10-21-2005, 10:27 PM #9 (permalink)  
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dont focus on your bb/100, learn how to play limit mechanically perfect first.

After that, there are "tweak plays" you can do to add a few bets here and there, but for the most part beating limit is about having a solid game.
take your ego out of the equation and judge the situation dispassionately
 
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rubixstreub
Old 10-21-2005, 10:54 PM #10 (permalink)  
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...I would guess that over the long term you're BB/100 would be the stat most reflective of your success, much like your ROI in SnG's, which is why I was asking for a value. (an ROI around 25% at the lower SnG levels is optimial, while at the highest level you'll never see double digits)

I appreciate everyone's sagely advice on "playing well" but I think a quantifier would help put things in perspective. I may think I'm playing well at a given limit but in fact be doing poorly, or I may have a much higher expectation than is realistic and therefore looking to change my game where it may be sound at that level.
 
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Fnord
Old 10-21-2005, 11:01 PM #11 (permalink)  
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It takes in the ballpark of 1 million++ hands for your win-rate to converge. Also, table/seat selection (a non-issue for SnGs) is a big factor.

For what it's worth, my best guess is that my win-rate for 2/4 is in the ballpark of 4BB/100.
 
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StinkyBeaver
Old 10-21-2005, 11:17 PM #12 (permalink)  
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Quote:
Originally Posted by RubixSoHo
...I would guess that over the long term you're BB/100 would be the stat most reflective of your success, much like your ROI in SnG's, which is why I was asking for a value. (an ROI around 25% at the lower SnG levels is optimial, while at the highest level you'll never see double digits)

I appreciate everyone's sagely advice on "playing well" but I think a quantifier would help put things in perspective. I may think I'm playing well at a given limit but in fact be doing poorly, or I may have a much higher expectation than is realistic and therefore looking to change my game where it may be sound at that level.
Say to people play the exact same game, do you think they nescisarily have the same winrate after 100K hands or a million hands...? There is much too many things in poker that affects your winrate thus this stats will be the very last number to converge.
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StinkyBeaver
Old 10-21-2005, 11:25 PM #13 (permalink)  
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@ Fnord.

You say your long term winrate might very well be 4BB/100 in the 2/4$ and I'm not saying it's not since you are definately thinkin above most any player there.

But at the Danish forums I had a heated discussion going on concerning winrates. I claimed the below:

0-1 BB/100: you're winning.!!

1-1,5BB/100: doing good, but still room for some improvement

1,5-2BB/100: Fine.

2-3BB/100: NIce. Consider moving up.

4BB/100: I've heard people talking about this kind a winrate, but never seen a database showing it after 50K hands or above.

This goes for full ring only as I imagine i solid player could might be able to sustain a higher winrate in the SH games.

I got flamed, but noone was able to come up with the proof of doing 4BB/100. So Fnord are you the one to proof me wrong.
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rubixstreub
Old 10-21-2005, 11:30 PM #14 (permalink)  
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Quote:
Originally Posted by StinkyBeaver
Quote:
Originally Posted by RubixSoHo
...I would guess that over the long term you're BB/100 would be the stat most reflective of your success, much like your ROI in SnG's, which is why I was asking for a value. (an ROI around 25% at the lower SnG levels is optimial, while at the highest level you'll never see double digits)

I appreciate everyone's sagely advice on "playing well" but I think a quantifier would help put things in perspective. I may think I'm playing well at a given limit but in fact be doing poorly, or I may have a much higher expectation than is realistic and therefore looking to change my game where it may be sound at that level.
Say to people play the exact same game, do you think they nescisarily have the same winrate after 100K hands or a million hands...? There is much too many things in poker that affects your winrate thus this stats will be the very last number to converge.
yes, at that sample size, at the same stakes, if one of them was running 5BB/100 and the other 2BB/100 I would think the 5BB/100 person was a better player overall, while the 2BB player might have some considerable aspects of his game to adjust. If you say this is wrong, I'll believe you and that we should all just be playing to win overall, and such a stat is meaningless in the long run.

I guess I just assumed there was a solid distinction between a strong BB/100 vs, an average, vs. a weak at any given level, Especially considering some of you play for a living and I would assume you count on a consistent profit range from one week to the next.

Or maybe you all just play at such a higher level that such a stat is irrelevant because everyone you play against is strong. Again, my question focused on the lowest of the limits where I would say there is a strong distinction in the skill level among the pool of players.
 
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Fnord
Old 10-21-2005, 11:34 PM #15 (permalink)  
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Hence why I don't talk about it much...

What I will say is that I had a long track record of running between 2-3BB/100, then I made a bunch of adjustments that made me a lot more money and looking back at hands I'm getting myself into a lot of wildly profitable situations and getting away from an extra hand here and there.

That being said, I certainly am running good (I've been running over 5bb/100 for a while now.) Anyway, I'm not going to get into a silly argument about what my win-rate is as it's pointless and I only gave an honest answer because I was pushed for a direct answer. I do know that I was making more money and having more fun playing poker and that's what really counts.

...so maybe now you know why the best answer to this question is "play well."
 
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Fnord
Old 10-21-2005, 11:49 PM #16 (permalink)  
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Quote:
Originally Posted by RubixSoHo
I would assume you count on a consistent profit range from one week to the next.
You can't. This is why so few people go pro and fewer can maintain it unless they have a small monthly nut.

I know the swings online guys go through and can't imagine the swings B&M players go through.
 
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elipsesjeff
Old 10-22-2005, 02:24 AM #17 (permalink)  
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Quote:
Originally Posted by Fnord
Quote:
Originally Posted by RubixSoHo
I would assume you count on a consistent profit range from one week to the next.
You can't. This is why so few people go pro and fewer can maintain it unless they have a small monthly nut.
And/Or they can play high enough limits to get over the exorbent rake and are able to budget themselves through any breakeven period.

I dont recommend anyone going pro at limits below 5/10 6 max. Although it's possible and you could make a 'respectable' salary, it's definatly too much of a grind.

Regarding winrates, I've largly understood winrates have partly to do with number of tables as well. I don't expect to win higher than 1.5 bb/100 while 8 tabling. But, my hourly rate is much higher...


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Nehmer
Old 10-22-2005, 05:09 AM #18 (permalink)  
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[quote="elipsesjeff"]
I dont recommend anyone going pro at limits below 5/10 6 max. Although it's possible and you could make a 'respectable' salary, it's definatly too much of a grind.
quote]


While I don't consider myself a pro because I do plan on getting a real job, since I graduated in early May I have been playing poker as my only source of income without seriously looking for a job. I only play 5/10 and know I am making more money than I could get with a real job just out of college. In May and June, I was only playing 3/6 and could easily see people being able to support themselves off of 6 or 7 hours a day of 4-tabling 3/6. Playing 5 hours/day of 5/10 now, my weekly profits vary a lot, but I have never even been close to a losing month and don't foresee it happening much if at all. I just can't consider 5 hours/day of playing poker with a somewhat regular salary to be any more of a grind than 40-50 hours a week of a real job
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Old 10-22-2005, 07:22 AM #19 (permalink)  
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Originally Posted by Nehmer
I dont recommend anyone going pro at limits below 5/10 6 max. Although it's possible and you could make a 'respectable' salary, it's definatly too much of a grind.
quote]


While I don't consider myself a pro because I do plan on getting a real job, since I graduated in early May I have been playing poker as my only source of income without seriously looking for a job. I only play 5/10 and know I am making more money than I could get with a real job just out of college. In May and June, I was only playing 3/6 and could easily see people being able to support themselves off of 6 or 7 hours a day of 4-tabling 3/6. Playing 5 hours/day of 5/10 now, my weekly profits vary a lot, but I have never even been close to a losing month and don't foresee it happening much if at all. I just can't consider 5 hours/day of playing poker with a somewhat regular salary to be any more of a grind than 40-50 hours a week of a real job :D
You will run worse than you ever expected. 140 table-hours a week = 600 table-hours a month = 3600 hands

a lot of the people here can tell you have had over 5000 hand losing streaks even though they are winning players overall
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elipsesjeff
Old 10-22-2005, 08:05 AM #20 (permalink)  
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Quote:
Originally Posted by iopq
Quote:
Originally Posted by Nehmer
I dont recommend anyone going pro at limits below 5/10 6 max. Although it's possible and you could make a 'respectable' salary, it's definatly too much of a grind.
quote]


While I don't consider myself a pro because I do plan on getting a real job, since I graduated in early May I have been playing poker as my only source of income without seriously looking for a job. I only play 5/10 and know I am making more money than I could get with a real job just out of college. In May and June, I was only playing 3/6 and could easily see people being able to support themselves off of 6 or 7 hours a day of 4-tabling 3/6. Playing 5 hours/day of 5/10 now, my weekly profits vary a lot, but I have never even been close to a losing month and don't foresee it happening much if at all. I just can't consider 5 hours/day of playing poker with a somewhat regular salary to be any more of a grind than 40-50 hours a week of a real job
You will run worse than you ever expected. 140 table-hours a week = 600 table-hours a month = 3600 hands

a lot of the people here can tell you have had over 5000 hand losing streaks even though they are winning players overall
Your math is a little off, its supposed to be 36000 hands not 3600... (600*60 = 36000).

Nehmer knows a lot more about poker than a lot of people on this forum realizes.


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nomore
Old 10-22-2005, 11:51 AM #21 (permalink)  
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I only recently started playing limit, but after about 2k hands my BB/100 was around 3.5
Now ive played about 4000 hands and had a major losing streak. My BB/100 is down to -0.23

Its quite depressing really. Every cent of profit has gone and im back to less than what i started with.
AK, KK, QQ, JJ, TT have all lost money overall.
I know 4000 hands isnt a lot but its really demoralizing seeing my money get sucked away from me. I cant count the amount of time in the past week my AK/AQ has come up against AA or a flopped set.
Anyways ignore me im in a bad frame of mind, i was doing so well... and its all gone..
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Old 10-22-2005, 12:20 PM #22 (permalink)  
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Quote:
Originally Posted by elipsesjeff
Quote:
Originally Posted by iopq
Quote:
Originally Posted by Nehmer
I dont recommend anyone going pro at limits below 5/10 6 max. Although it's possible and you could make a 'respectable' salary, it's definatly too much of a grind.
quote]


While I don't consider myself a pro because I do plan on getting a real job, since I graduated in early May I have been playing poker as my only source of income without seriously looking for a job. I only play 5/10 and know I am making more money than I could get with a real job just out of college. In May and June, I was only playing 3/6 and could easily see people being able to support themselves off of 6 or 7 hours a day of 4-tabling 3/6. Playing 5 hours/day of 5/10 now, my weekly profits vary a lot, but I have never even been close to a losing month and don't foresee it happening much if at all. I just can't consider 5 hours/day of playing poker with a somewhat regular salary to be any more of a grind than 40-50 hours a week of a real job :D
You will run worse than you ever expected. 140 table-hours a week = 600 table-hours a month = 3600 hands

a lot of the people here can tell you have had over 5000 hand losing streaks even though they are winning players overall
Your math is a little off, its supposed to be 36000 hands not 3600... (600*60 = 36000).

Nehmer knows a lot more about poker than a lot of people on this forum realizes.
which proves I can't play four hours of poker to come back and talk about poker
Wait, if I get tired only after 4 hours, how am I going to play for a longer amount of time on multiple tables?
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The_Bankroll
Old 10-25-2005, 12:36 AM #23 (permalink)  
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I agree, it is possible, but difficult to go pro low stakes. I 6-table 2/4 maybe 3-4 hours a day, and it's my soul means of income as a college student. It does require good money managment though, like for example i've had about a 2-week break even streak. but I have maintained a 2.6BB/100 winrate, which is still enough to make a decent living off of.
 
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