[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4783: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4785: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4786: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4787: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
Playing Full Time............ Someday - Live Poker Forums

Advanced search

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

The all important concept of not going broke.

Moderators: k3nt, LPF Police Department

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.
User avatar
StarliteCoast
 
Posts: 82
Joined: Tue Nov 01, 2005 4:25 pm

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.
User avatar
Derk
Semi Pro (B&M & Online)
 
Posts: 640
Joined: Sat Oct 22, 2005 6:17 pm

Postby Molina » Thu Apr 27, 2006 1:30 pm

User avatar
Molina
 
Posts: 2549
Joined: Tue Nov 09, 2004 9:24 pm
Location: Wigan, UK

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
User avatar
kennyg
<b>BTP Benefactor & Tourny #1 Winner</b>
 
Posts: 6223
Joined: Thu Nov 04, 2004 4:16 pm

Postby Xaston » Thu Apr 27, 2006 3:04 pm

Boy, you got me confused with a man who repeats himself.
User avatar
Xaston
 
Posts: 8833
Joined: Mon Nov 15, 2004 1:45 pm
Location: Dartmouth, MA

Postby The Golden 1 » Thu Apr 27, 2006 3:11 pm

User avatar
The Golden 1
 
Posts: 2115
Joined: Sun Oct 30, 2005 2:43 pm
Location: La Jolla

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

User avatar
tunkpirate7
 
Posts: 490
Joined: Sun Apr 24, 2005 5:53 am

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

Boy, you got me confused with a man who repeats himself.
User avatar
Xaston
 
Posts: 8833
Joined: Mon Nov 15, 2004 1:45 pm
Location: Dartmouth, MA

Postby black_knight6 » Thu Apr 27, 2006 7:22 pm

Agree with all the cautionary notes...and on having to MT.
User avatar
black_knight6
Semi Pro (Online)
 
Posts: 10012
Joined: Thu Jul 21, 2005 11:51 am
Location: Victoria BC

Postby The Golden 1 » Thu Apr 27, 2006 8:32 pm

User avatar
The Golden 1
 
Posts: 2115
Joined: Sun Oct 30, 2005 2:43 pm
Location: La Jolla

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
User avatar
Kuso
 
Posts: 7340
Joined: Sun Jul 10, 2005 1:46 pm

Postby Kuso » Fri Apr 28, 2006 2:37 am

wwcrd?

"that basically sums up poker for me - 12" needle in the testicle." <nutkick> mvp
User avatar
Kuso
 
Posts: 7340
Joined: Sun Jul 10, 2005 1:46 pm

Postby GodlikeRoy » Fri Apr 28, 2006 3:31 am

User avatar
GodlikeRoy
 
Posts: 7430
Joined: Sun Jul 24, 2005 1:43 am

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

User avatar
StarliteCoast
 
Posts: 82
Joined: Tue Nov 01, 2005 4:25 pm

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

User avatar
GodlikeRoy
 
Posts: 7430
Joined: Sun Jul 24, 2005 1:43 am

Next

Return to Bankroll Management

Who is online

Users browsing this forum: No registered users and 3 guests