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Am I a Loser?

  
 
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sejje
Old 03-07-2005, 03:52 AM     Post subject: Am I a Loser? #1 (permalink)  
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How many hands would you guys say it takes before you can decide if you're a winning player as opposed to running hot?

I've got 36K hands in PT in the four months I've been playing and I'm ahead roughly 1,000 playing .5/1 NL tables.

Can I safely say that I play to a profit at that limit in the long run?

Also, what does a good player expect to make an hour four-tabling .5/1 NL?
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RiverMonkey
Old 03-07-2005, 04:33 AM #2 (permalink)  
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Well, that's 2.777... BB/100 hands. I think that's on the low side for NL isn't it?
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koolmoe
Old 03-07-2005, 05:20 AM #3 (permalink)  
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Depends on your variance. What is it, BTW?
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JeffreyGB
Old 03-07-2005, 05:58 AM     Post subject: Re: Am I a Loser? #4 (permalink)  
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Quote:
Originally Posted by sejmeister
Also, what does a good player expect to make an hour four-tabling .5/1 NL?
Assuming 60 hands an hour (for no good reason): $6 per hour.

5BB/100 hands = $10 / 100 hands -> $6 / 60 hands.

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LeFou
Old 03-07-2005, 12:27 PM #5 (permalink)  
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2.7 BB/100 is fine for NL. You should move up stakes.

Jeff, I think your math's off?

Fourtabling, you should get at least 40 hands per hour, PER TABLE, so 160/hr. And 5BB at .5/1 is $5/100
160/100 1.6

1.6 X 5 = $8/hr
Assuming one can play four 5BB/100 NL games at once.

3 is probably more reliable
1.6 X 3 = $4.80/hr
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rob6597
Old 03-07-2005, 12:46 PM #6 (permalink)  
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Quote:
Originally Posted by RiverMonkey
Well, that's 2.777... BB/100 hands. I think that's on the low side for NL isn't it?
Since this is .5/1 NL, the Big Blind is $1.

But, the BB/100 stat is calculated using Big Bets, (for NL, 2x the big blind), or $2. So, wouldn't it be 1.4BB/100?
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JeffreyGB
Old 03-07-2005, 02:19 PM #7 (permalink)  
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Quote:
Originally Posted by LeFou
2.7 BB/100 is fine for NL. You should move up stakes.

Jeff, I think your math's off?

Fourtabling, you should get at least 40 hands per hour, PER TABLE, so 160/hr. And 5BB at .5/1 is $5/100
160/100 1.6

1.6 X 5 = $8/hr
Assuming one can play four 5BB/100 NL games at once.

3 is probably more reliable
1.6 X 3 = $4.80/hr
You're right, my math was off in that I only considered one table that plays 60 hands per hour. Forgot to factor in the multi-table aspect.

Aren't your calculations off by the fact that in NL, BB/100 is defined as 2xbig blind / 100? 5BB/100 does equal $10 according to the way BB/100 is defined in PokerTracker, which is what the stats he quotes refer to. So my estimate of a 60 hand/hour table, taken at four tables, yields $24/hour. Drop to a 40 hand/hour table and you're at $16/hour.
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JeffreyGB
Old 03-07-2005, 02:21 PM #8 (permalink)  
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Quote:
Originally Posted by JeffreyGB
So yeah...this is underperforming by most accounts in NL. I'd say you [original poster] should start looking for leaks in your game to see where you're dropping at.
I should note here too that while you're not making as much as you could be, or as much as "good" players are, you're still turning a profit. That's a good thing and you're still a winning player. If you have Poker Tracker, start looking at how various hands you play pay out relative to what you'd expect. Then adjust your play for those results.
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Waggho
Old 03-07-2005, 02:35 PM #9 (permalink)  
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Jeff, is that avatar you?
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JeffreyGB
Old 03-07-2005, 04:13 PM #10 (permalink)  
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Quote:
Originally Posted by Waggho
Jeff, is that avatar you?
I far prefer to be referred to by my full name (Jeffrey).

That said, yes, it is.

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RiverMonkey
Old 03-07-2005, 06:03 PM #11 (permalink)  
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Quote:
Originally Posted by rob6597
Quote:
Originally Posted by RiverMonkey
Well, that's 2.777... BB/100 hands. I think that's on the low side for NL isn't it?
Since this is .5/1 NL, the Big Blind is $1.

But, the BB/100 stat is calculated using Big Bets, (for NL, 2x the big blind), or $2. So, wouldn't it be 1.4BB/100?
Ok, I play limit, so I had assumed that since there is no "big bet" for NL you use the big blind amount for BB/100.

Now that I actually think about it, it makes complete sense to use 2xbig-blind amount to remain consistent between LHE, and NL.

I stand corrected.
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giantdogs92
Old 03-12-2005, 08:39 PM #12 (permalink)  
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