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Playing Full Time............ Someday

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Playing Full Time............ Someday

Postby StarliteCoast » Thu Apr 27, 2006 12:05 pm

a) 6 months of living expenses set aside
b) at least 1000BB for the limit you intend to play



My plan, the agreement the wife and I came up with. My bankroll which I want 1000 big bets when I play full time plus an extra $12k in the bank. Rent, food, cable, electricity, etc is about $2k a month for us.

Now supposing I Have $22k which would be 6 months of living expenses and a $10k bankroll for $5/$10. I am a limit player by the way. Now suppose I average 2bb/100 hands and I play 3000 hands a week. 50 hours a week playing times an average of 60 hands/hr. (I do not multitable) I know that sounds like a lot, but let's assume that's what would be done. 50 hours/wk playing poker will be better than 45/wk working retail that's for damn sure. Anyway, I would average approximately $600/wk over the long haul I understand one week up and the next down but over the long haul 2bb/100 hands and 3000 hands a week would average $600/wk

I am not looking for a lot. I want to make $2k/month playing poker full time. More than I make currently in retail. But in the scenario I have put forth that would only add $100 each week for the bankroll. In this situation, would I be better off waiting until I was bankrolled for $10/$20 where I could take half the weekly earnings for the "nut" or "salary" or whatever you want to call it and the other half for adding to my bankroll total or would $5/$10 be fine and even tho the bankroll would not get padded my much each week, the 1000 big bet bankroll would be sufficient to withstand the swings we all go thru?

I am currently a low limit grinder with a dream, but I like to prepare for when that day does come and to at least have an idea of what I should be shooting for as far as bankroll amount, and what limits to play.
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Postby Derk » Thu Apr 27, 2006 12:31 pm

I think this should probable be in bankroll management. Also, you're probably not factoring in rakeback and bonuses. I don't know about 5/10 but I'd presume that with rakeback and bonuses you'd add at least 1BB per hour to your win rate. Also, you should probably try to multitable, even if it's just 2 tables instead of 1. Also, if you can consistently beat 5/10 and feel fine with moving up to 10/20 and have the bankroll to support it, by all means move up.
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Postby Molina » Thu Apr 27, 2006 1:30 pm

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Postby kennyg » Thu Apr 27, 2006 2:32 pm

"I'll take KennyGs advice before Sklanskys every time. "
-Iceman

Proud contributing member of the Poker Player's Alliance.
Poker Journal:
forum/viewtopic.php?p=14017#14017
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Postby Xaston » Thu Apr 27, 2006 3:04 pm

Boy, you got me confused with a man who repeats himself.
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Postby The Golden 1 » Thu Apr 27, 2006 3:11 pm

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Postby tunkpirate7 » Thu Apr 27, 2006 6:03 pm

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Postby Xaston » Thu Apr 27, 2006 7:01 pm

Boy, you got me confused with a man who repeats himself.
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Postby black_knight6 » Thu Apr 27, 2006 7:22 pm

Agree with all the cautionary notes...and on having to MT.
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Postby The Golden 1 » Thu Apr 27, 2006 8:32 pm

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Postby Kuso » Thu Apr 27, 2006 9:21 pm

Last edited by Kuso on Fri Apr 28, 2006 3:48 am, edited 1 time in total.
wwcrd?

"that basically sums up poker for me - 12" needle in the testicle." <nutkick> mvp
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Postby Kuso » Fri Apr 28, 2006 2:37 am

wwcrd?

"that basically sums up poker for me - 12" needle in the testicle." <nutkick> mvp
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Postby GodlikeRoy » Fri Apr 28, 2006 3:31 am

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Postby StarliteCoast » Fri Apr 28, 2006 4:10 am

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Postby GodlikeRoy » Fri Apr 28, 2006 4:43 am

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