smashedagain
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« Reply #1335 on: March 23, 2011, 03:06:51 PM » |
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It's all about the hourly rate at the end of the day,
if you can play your own money and make £20 p/hour, or get staked and win £50 (then give half away ofc) then get staked.
Sometimes (and this happened to me for a bit last year) I had some huge financial commitments and was getting so stressed about it that I took a huge hit to my hourly to get backed for games I was rolled for just because it made me much happier and I could sleep at nights lol
like andy says tho live BRM is so huge because your hourly increase from stake to stake much more than online, online if you have a 1/2 roll (say a $40 hourly) and take a shot at 2/4 and 3/6 and it goes bad you have to drop to 50/1 where you have a $25 hourly it's not the end of the world. but the money ur costing urself not being rolled for 1/2 is likely to be £25~ an hour, which is just too big a hit imo. Indecently the same applies online anywhere +10/20
first decent arguement i've heardfor being backed (earn $20 on your own or$25 being backed). history is littered with young guys who wanted to make a living from poker who never made it past 25 when family committments come along. hate to point it out again but those who are still playing and making a living from poker are on the nittier side of the game. those with flair tend to live like kings for a day but then are begging to borrow money the rest of the week.
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[ ] ept title [ ] wpt title [ ] wsop braclet [X] mickey mouse hoodies
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outragous76
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« Reply #1336 on: March 23, 2011, 03:08:43 PM » |
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It's all about the hourly rate at the end of the day,
if you can play your own money and make £20 p/hour, or get staked and win £50 (then give half away ofc) then get staked.
Sometimes (and this happened to me for a bit last year) I had some huge financial commitments and was getting so stressed about it that I took a huge hit to my hourly to get backed for games I was rolled for just because it made me much happier and I could sleep at nights lol
like andy says tho live BRM is so huge because your hourly increase from stake to stake much more than online, online if you have a 1/2 roll (say a $40 hourly) and take a shot at 2/4 and 3/6 and it goes bad you have to drop to 50/1 where you have a $25 hourly it's not the end of the world. but the money ur costing urself not being rolled for 1/2 is likely to be £25~ an hour, which is just too big a hit imo. Indecently the same applies online anywhere +10/20
first decent arguement i've heardfor being backed (earn $20 on your own or$25 being backed). history is littered with young guys who wanted to make a living from poker who never made it past 25 when family committments come along. hate to point it out again but those who are still playing and making a living from poker are on the nittier side of the game. those with flair tend to live like kings for a day but then are begging to borrow money the rest of the week. for a moment Jason i thought you had posted something sensible but then you go and spoil it
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".....and then I spent 2 hours talking with Stu which blew my mind.........."
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smashedagain
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« Reply #1337 on: March 23, 2011, 03:15:41 PM » |
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sorry. cant help myself. nits gonna nit
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[ ] ept title [ ] wpt title [ ] wsop braclet [X] mickey mouse hoodies
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paulhouk03
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« Reply #1338 on: March 23, 2011, 03:28:17 PM » |
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I am a nit and I'm pretty proud of it That's life nit Not that much poker nit
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Just me
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cambridgealex
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« Reply #1339 on: March 23, 2011, 05:34:16 PM » |
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I'll only get staked for cash games if it really is the only other option. The 50/1 games in Nottingham are so soft, I don't expect to ever have more than a 20 buyin downswing (maybe this is me being naive) but seriously, saying I'm underrolled for that game is just ridiculous. Maybe I need more than 20buyins to play the 1/2 at DTD as it does play pretty big sometimes, although I did game select pretty well (though could've done better) and dodged the really deep games. So maybe I should rethink the amount I need to play 1/2 again.
For now I feel really comfortable playing the 50/1 again. If I lost 20buyins at 50/1 then I'd grind $20 HUSNGs online (Which you need a $400 roll for) until I got it back. I have played thousands of those and have a good winrate and the variance is low - it's basically printing money, albeit pretty slowly. If I went busto playing these (again, so unlikely) then I'd be in trouble and have to get staked to start up again. Although I'm young, inexperienced and probably naive, I really can't see myself ever going broke with this strategy.
I manage my finances pretty sensibly and yes, Beanie, the weekend we just had in Prague was definitely OTT, but it was such a sick trip and whilst I'm 22 and have little or no responsibilties, that is what I want to spend my money on. That weekend probs set me back 1-2weeks of grinding but it was so worth it.
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Poker goals: [ ] 7 figure score [X] 8 figure score
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George2Loose
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« Reply #1340 on: March 23, 2011, 05:36:15 PM » |
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Alex ur being naive if u think a 4k life roll is enough. Sure u could win win win but more likely is u will Busto. Hope I'm wrong tho bud
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Ole Ole Ole Ole!
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Woodsey
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« Reply #1341 on: March 23, 2011, 05:37:33 PM » |
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What are your min living expenses per month?
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titaniumbean
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« Reply #1342 on: March 23, 2011, 05:48:03 PM » |
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dude you need a life roll alongside a poker roll.
20 bi is ridic comedy. In my periods of sick live grind volume I lost 2 10bi pots at 1/2 as hudge favourite. On even a medium roll thats a com huge swing. A buyin live really isn't the same as a buyin online by the nature of the games and the idiots in them the games just play alot bigger.
Going to having a $400 roll for sngs I would consider as a small roll for a recreational player let alone for someone claiming to be a pro and needing to pay for life expenses. Best plan is to just bink some tourny variance and you'll be sorted. I wouldn't be saying any of this if I didn't like you I hope you realise!!
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cambridgealex
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« Reply #1343 on: March 23, 2011, 05:49:01 PM » |
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What are your min living expenses per month?
As I am living now probs 500, could probs cut it down to 200-300 if I had to
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Poker goals: [ ] 7 figure score [X] 8 figure score
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Woodsey
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« Reply #1344 on: March 23, 2011, 05:51:24 PM » |
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What are your min living expenses per month?
As I am living now probs 500, could probs cut it down to 200-300 if I had to Ok, so say you had 2 losing months, you could easily be down to 2k or less. Don't you find that a scary prospect? Shit I would......... 
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Dubai
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« Reply #1345 on: March 23, 2011, 05:51:37 PM » |
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Going busto builds character. Better to go bust at 22 than 32
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pleno1
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« Reply #1346 on: March 23, 2011, 05:51:54 PM » |
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Also think that you should try and get two seperate rolls, a poker one and a life one.
Why not put $400 into a site, play HU sngs and every month take off your profit as your "life money"
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Worst playcalling I have ever seen. Bunch of fucking jokers . Run the bloody ball. 18 rushes all game? You have to be kidding me. Fuck off lol
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titaniumbean
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« Reply #1347 on: March 23, 2011, 05:52:34 PM » |
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Going busto builds character. Better to go bust at 22 than 32
where's the fun in going busto?!
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Dubai
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« Reply #1348 on: March 23, 2011, 05:53:39 PM » |
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no fun in it, but its not the end of the world. If theres a 30% chance he goes busto but 70% chance he runs the stake up so can play higher and give himself opportunities to win big tournaments etc, then at 22 id say take the 70%er and roll with it
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pleno1
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« Reply #1349 on: March 23, 2011, 05:54:18 PM » |
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never going busto and understanding the concept of money having good friends who want to give you good advice/care about you >>>>>>>>>>>>>>>>>>>>>>>>>>>> being reckless and going busto at 22.
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Worst playcalling I have ever seen. Bunch of fucking jokers . Run the bloody ball. 18 rushes all game? You have to be kidding me. Fuck off lol
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