| Posted by: NineLions at November 8, 2006, 7:02 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by DESSERTLADY
Ok, so what your telling me is BB/100 means how many BB made per 100 hands played(seen)? So what is a good average to base this on? 5BB/100? 10BB/100. Whats good? What's bad? What's average?
It's been so long since Algebra and ratios I don't quite get it the first time around.
Thanks for explaining all this.
Quoting, 'cause your question's kinda getting lost amongst the other stuff.
Not that I have an answer, but, if you have enough hand history of your own, you could use your own history and see how the ratio has fluctuated for your own playing. Then down the road you can point back and say, see, I am improving!
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| Posted by: KerouacsDog at November 8, 2006, 4:56 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by Dorkus Malorkus
JD said it all really. I just have a fun point to make.
I'm sorry, you have less than 100 posts here so your opinions don't count. You're not a real member here until you at least pass the 100 post mark!
(I don't mean this of course, it's just a little comparison for you to consider when analyzing how ridiculous you sound)
ouch!! but funny!
Quote: Originally Posted by dakota-xx
Tell him how you really feel lol. You guys are just too cool! One of the things I like most about this forum is that people who play at all levels are respected for their opinions and can feel comfortable asking questions about their game - whether it is a .02/.04 game or $100 sng.
Quote: Originally Posted by JimboJim
Thats about it...besides, people playing micro-limits usually aren't playing as a career but just doing it for fun and trying to build up a bankroll. Then any profit is good pr... | | Read Entire Entry |
| Posted by: JimboJim at November 8, 2006, 2:57 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by dakota-xx
Tell him how you really feel lol. You guys are just too cool! One of the things I like most about this forum is that people who play at all levels are respected for their opinions and can feel comfortable asking questions about their game - whether it is a .02/.04 game or $100 sng.
Thats about it...besides, people playing micro-limits usually aren't playing as a career but just doing it for fun and trying to build up a bankroll. Then any profit is good profit as long as its steady profit.
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| Posted by: dakota-xx at November 8, 2006, 2:14 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Tell him how you really feel lol. You guys are just too cool! One of the things I like most about this forum is that people who play at all levels are respected for their opinions and can feel comfortable asking questions about their game - whether it is a .02/.04 game or $100 sng.
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| Posted by: Dorkus Malorkus at November 8, 2006, 1:40 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
JD said it all really. I just have a fun point to make.
Quote: Originally Posted by Allsopp
How can you have a bankroll of less than $30 and pass comment on poker issues? Your not playing poker until you at least hit the 0.25/0.50 levels!
I'm sorry, you have less than 100 posts here so your opinions don't count. You're not a real member here until you at least pass the 100 post mark!
(I don't mean this of course, it's just a little comparison for you to consider when analyzing how ridiculous you sound)
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| Posted by: JimboJim at November 7, 2006, 9:13 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
DL...if you were looking for a compairison, I dont really track exact BB/100 or anything but I play a lot of 1c/2c. I usually go to the table with 50c and leave after 1-1.5 hour with $1.5/$2. I would estimate 1 out of 5 sessions I'll go bust. On average I'll estimate that I usually get 100% profit per hour. I play some 2c/4c and some 5c/10c tables and my results are pretty similar.
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| Posted by: Jack Daniels at November 7, 2006, 8:18 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by Lo-Dog
Will you stop if we just all admit that you're style is the best and none of us know anything. You know us guys that make lots of profit.
I'm willing to give this a shot.
Oh, btw...just finished my rant above, so don't read it.
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| Posted by: Jack Daniels at November 7, 2006, 8:17 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by Allsopp
...I said I wouldn't expect to profit.
And all I said was that this blanket statement is wrong. People do profit from them.
Quote: Originally Posted by Allsopp
This is simply because to make a profit you would have to be extremely controlled and for the sake of a few dollars I wouldn't see the point in doing it.
Exactly. You are completely missing the point. It has nothing to do with what you see the point in doing or how. The OP question was centered around her and where SHE is playing, not you.
Quote: Originally Posted by Allsopp
Your definition of a profit is nice and all but if a business man invests 100k in something he doesn't want to see a profit of 1k on his investment.
Really? What would he like to see a loss? Last time I checked, real businessmen wanted to make a profit on their money. So, going back to your definition of a profit, earning 1K profit from a 100K ... | | Read Entire Entry |
| Posted by: Lo-Dog at November 7, 2006, 8:05 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by DESSERTLADY
Ok, so what your telling me is BB/100 means how many BB made per 100 hands played(seen)? So what is a good average to base this on? 5BB/100? 10BB/100. Whats good? What's bad? What's average?
It's been so long since Algebra and ratios I don't quite get it the first time around.
Thanks for explaining all this.
I think acceptable rates ary by the limit you are playing. At the micros where the blinds are so cheap people bet a lot more in relation to the blinds and therefore the pots are bigger (again in relation to the blinds).
I'd be looking for 20BB/100hands at this level.
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| Posted by: Lo-Dog at November 7, 2006, 7:36 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by Allsopp
Your not playing poker until you at least hit the 0.25/0.50 levels!
The play is no better at 25c/50c
I know I play there.
Getting ery tired of these rants.
Will you stop if we just all admit that you're style is the best and none of us know anything. You know us guys that make lots of profit.
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| Posted by: Allsopp at November 7, 2006, 7:19 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
I didn't say you couldn't profit, I said I wouldn't expect to profit. This is simply because to make a profit you would have to be extremely controlled and for the sake of a few dollars I wouldn't see the point in doing it.
Your definition of a profit is nice and all but if a business man invests 100k in something he doesn't want to see a profit of 1k on his investment.
When I say I dont consider $20-$30 a profit, thats because at most levels that amount of money is won or lost every hand.
I dont see why your trying to disect my posts I just look for good poker discussion, only it seems this place is full of tight micro limit maniacs which makes for pretty boring discussion because everyones opinions on the game are the same!
How can you have a bankroll of less than $30 and pass comment on poker issues? Your not playing poker until you at least hit the 0.25/0.50 levels!
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| Posted by: DESSERTLADY at November 7, 2006, 6:11 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Ok, so what your telling me is BB/100 means how many BB made per 100 hands played(seen)? So what is a good average to base this on? 5BB/100? 10BB/100. Whats good? What's bad? What's average?
It's been so long since Algebra and ratios I don't quite get it the first time around.
Thanks for explaining all this.
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| Posted by: Jack Daniels at November 7, 2006, 5:10 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by Allsopp
At micro levels I wouldn't expect to see any profit...
First of all, what you said was this ^^^
Quote: Originally Posted by Allsopp
...I just dont consider $20-$30 a profit.
Now I see the issue. Your definition of "profit" is flawed compared to the dictionary and the rest of the English speaking world.
From Websters Dictionary Online:
Profit
1 : a aluable return : GAIN
2 : the excess of returns over expenditure in a transaction or series of transactions; especially : the excess of the selling price of goods over their cost
3 : net income usually for a given period of time
That should solve your first problem.
What's interesting though, is how you contradict yourself in the next statement...
Quote: Originally Posted by Allsopp
When people talk about profit and poker I instantly think of making a nice sum of money and growing it up thro... | | Read Entire Entry |
| Posted by: Allsopp at November 7, 2006, 3:18 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Theres nothing wrong with the statement, I just dont consider $20-$30 a profit.
When people talk about profit and poker I instantly think of making a nice sum of money and growing it up through the levels. Even though thats exactly what your doing - your doing it the extreme way and ridiculously tight way!
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| Posted by: Jack Daniels at November 7, 2006, 4:57 am | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Quote: Originally Posted by Allsopp
At micro levels I wouldn't expect to see any profit as the tables are too crazy.
I have to disagree with this as purely a blanket statement. The tables do tend to be looser and crazier in general, but a lot of it has to do with the site as well the player. In general, take a good Tight/Aggressive style and loosen it up about 10%. That seems to work well in my case. For example, I started playing at Tropical Poker fairly recently and, for giggles, decided not to deposit anything as I heard there was a lot of fish to be fried. I played four freerolls and cashed in three of them for about $3.50 total. I took those winnings and started playing their NL Holdem ring games at the 0.01/0.02, 0.02/0.04, and 0.05/0.10 levels as my bankroll built. My current bankroll on the site is approx $21.50. It would be closer to $28.00, but I recently played a few SNGs that I didn't cash in. In any case, I found the micro limits to be ery profitable. A word of war... | | Read Entire Entry |
| Posted by: Allsopp at November 7, 2006, 2:29 am | | Topic: Microlimit Sessions-profits Forum: Card Chat |
500% profit per day would do me fine, you must be a millionaire if you consider that a bad days profit chuck!
At micro levels I wouldn't expect to see any profit as the tables are too crazy. If I were you I'd concentrate on just having fun at those limits or investing in your bankroll and moving up to at least 0.25/0.50 with a minimum bankroll of $500 if you want to take this game seriously.
Also dont invest that much in a bankroll if you aren't ery good.
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| Posted by: Jack Daniels at November 6, 2006, 6:52 am | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Chuck's is right about BB/100 hands, but one other alternative for you is to go with the $/hr (hourly rate) that Chuck mentioned. Mainly depends on how you like to see numbers and how you interpret them. I know some people that would look at 15BB/100 and just stare at you, but use the same stats available to tell them they are making $30/hour and they will be happy and smiling (because that means something to them). Both are useful methods and pretty easy to calculate without PT, so just pick whichever suits you best and track to that. Of course, if you can, do both.
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| Posted by: ChuckTs at November 5, 2006, 6:04 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
Percentages aren't a good way to measure success at rings. Winrate (usually BB/100 hands or $/hr) is generally what people use. You could have made %500 profit, but it took you a full day to do so, which would be terrible. Or you could have %20 profit that only took 1 hand to do so, which of course would be excellent. These measurements mean nothing, and you need something (like BB/100 hands) that involves an amount won per number of hands, or time to give yourself an accurate winrate.
If you want to measure it yourself, just note how many hands you've completed at the end of a session, and how many Big Blinds you've won. Then over a long period of time (many sessions), you can take a look at BB/100 hands and see how well you did. If I recall I think that anything over 0BB/100 is good; at the micros you might reach a much higher number though.
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| Posted by: DESSERTLADY at November 5, 2006, 5:34 pm | | Topic: Microlimit Sessions-profits Forum: Card Chat |
When you are playing micro limit(doesn't really matter what game) what is a good percentage of profit?
I guess what I am saying is........IE: You're at a .02/.04 limit holdem game and take $2.00 to the table with you. You play at this table for an hour or more and you go through the basic swings of the game. Is any profit good or is there a certain percentage that is better to leave the table with? 10% 20%?
I am not necessarily thinking along the results line but, if you come out ahead even just a small % does this mean you are playing well?
Again I don't have pokertracker or any thing like that, my current system won't handle it.
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