I'm still a losing player, so I don't have any winrate... 😅 I have a negative winrate.... I also almost exclusively play tournaments, so how do I determine x amount of hands as a "samplesize"?
Generally determining win rates in tournaments is done by buy-ins won divided by buy ins used for those wins. The same website he suggests has variance calculators for tournaments too. Some of those graphs are a steady downward fall and some have huge jumps every now and then showing that they lost for 500 tournaments before having a big score. Tournament poker is a different animal. If your goal is steady income and you like tournaments then play Sit N Go's. I get it, I prefer tournaments, I use Sit N Go's to fund taking shots in tournaments, but I also squirrel away extra money. Since I'm taking shots I use a 12/2 (when I have 12 buy ins I'll take 2 shots at the higher buy in tournament, squirrel away a few buy ins by cashing them out and then build back up if I lose on the tournaments) but I play lower stakes for the Sit N Go's because they run all the time and I prefer a steady win rate overtime versus risking too much in hopes of a big pay day. It's not always fun and exciting, hence why it's called "grinding." I feel it's important bankroll management to have your bankroll in many different places, some online, some in a bank or two, some in cash, but NEVER have all of it accessible at one time. "The man who puts back a little at a time will accumulate more than the man who waits until they have a lot to start saving"
For tournaments the relevant input is the number of tournaments and the average field size. If you're playing live, it's basically impossible to get a reliable estimate of your intrinsic win rate (at least for large-field tournaments), since you never get the volume.
At our local card rooms there are plenty of folks that are putting in 2000 hours a year live. 30 hands an hour...60k per year. However the majority of us are likely playing 500 hours a year....20 years to get to 300k hands.
@@ThePokerBank :) very true. Over the last 25+ years I've been playing have seen the numbers definitely go up and down....but I am still playing with some of the same players I was during the boom. A lot more grey hair, but still shining seats. Some folks have changed their style and tried to keep up with the times....others are exactly the same, OMC has to be based on real people right?!? LOL.
Live poker is not 25 hands/hr. I have no idea where this myth started but it needs to stop being repeated. You get closer to 40 hands per hour at live poker.
@@lisavandonsel6591 Ive been counting them for like 3 years. You haven't. You just repeat garbage you hear on the internet from people who also haven't counted for themselves.
@@ThePokerBank It is. Just count them. I've been averaging 40 over 3 years. Mostly in Vegas but when I travel it's basically the same. Shuffle machines make no difference. Biggest factor is table size.
Want to sample a couple of chapters from my book GTO Gems? Here you go! th-cam.com/video/VQG5ib7VMEY/w-d-xo.html
@ 03:00 also the rake structure has changed and in some cases changed dramatically!!
Yup
I'm still a losing player, so I don't have any winrate... 😅
I have a negative winrate....
I also almost exclusively play tournaments, so how do I determine x amount of hands as a "samplesize"?
Generally determining win rates in tournaments is done by buy-ins won divided by buy ins used for those wins. The same website he suggests has variance calculators for tournaments too. Some of those graphs are a steady downward fall and some have huge jumps every now and then showing that they lost for 500 tournaments before having a big score. Tournament poker is a different animal. If your goal is steady income and you like tournaments then play Sit N Go's. I get it, I prefer tournaments, I use Sit N Go's to fund taking shots in tournaments, but I also squirrel away extra money. Since I'm taking shots I use a 12/2 (when I have 12 buy ins I'll take 2 shots at the higher buy in tournament, squirrel away a few buy ins by cashing them out and then build back up if I lose on the tournaments) but I play lower stakes for the Sit N Go's because they run all the time and I prefer a steady win rate overtime versus risking too much in hopes of a big pay day. It's not always fun and exciting, hence why it's called "grinding." I feel it's important bankroll management to have your bankroll in many different places, some online, some in a bank or two, some in cash, but NEVER have all of it accessible at one time. "The man who puts back a little at a time will accumulate more than the man who waits until they have a lot to start saving"
For tournaments the relevant input is the number of tournaments and the average field size. If you're playing live, it's basically impossible to get a reliable estimate of your intrinsic win rate (at least for large-field tournaments), since you never get the volume.
What @TheGameKat said =)
@@ThePokerBank yep. I gave it a like. 😅
If you're playing MTT's that have multiple hundred or even 1000+ runners, then you probably need to play 5k to gauge your skill level.
At our local card rooms there are plenty of folks that are putting in 2000 hours a year live. 30 hands an hour...60k per year. However the majority of us are likely playing 500 hours a year....20 years to get to 300k hands.
Very few people stick with any one thing for 20 years though =)
@@ThePokerBank :) very true. Over the last 25+ years I've been playing have seen the numbers definitely go up and down....but I am still playing with some of the same players I was during the boom. A lot more grey hair, but still shining seats.
Some folks have changed their style and tried to keep up with the times....others are exactly the same, OMC has to be based on real people right?!? LOL.
@@300lbcanary2 right =)
Make sure your rake is not too much otherwise it’s not worth it
That's what those shot takes are for...to get out of the rake traps ASAP!
After watching w34z3l's drilling videos my online account is up nicely. Only one trip to Hard Rock so far, but that went well also
Nice job Brad!
So basically it’s all gamble and no skill. You don’t even know if you’re actually winning
Hello, why do you have such a big beard? Does it help you with poker? If yes, how does it help you? If not, it's good to know.
I have a big beard because [(time + gravity) - scissors] = beard. And how could it NOT help with poker!?
Beards help with all things in life. This is a fact. Poker is a thing. A thing in life. Therefore, beards help with poker. QED
Live poker is not 25 hands/hr. I have no idea where this myth started but it needs to stop being repeated. You get closer to 40 hands per hour at live poker.
No.
@@lisavandonsel6591 Ive been counting them for like 3 years. You haven't. You just repeat garbage you hear on the internet from people who also haven't counted for themselves.
I wish that were true...
@@ThePokerBank It is. Just count them. I've been averaging 40 over 3 years. Mostly in Vegas but when I travel it's basically the same. Shuffle machines make no difference. Biggest factor is table size.
Depends on a lot of factors....dealer proficiency....tightness of the table....etc. I normally consider 30 a reasonable number.