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Old 02-21-2012, 09:58 PM   #41
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Although poker is not my lifestyle I do find myself in Vegas several months of the year and enjoy playing poker. $50/hour at $1-2 puts me probably in the top 5% of players at that level (most move up in stakes to $2-5 or $5-10).
Nobody ever seems to keep rigorous data on their playing records. Meanwhile the anecdotal data is difficult to confirm.
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Old 02-25-2012, 12:05 AM   #42
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Nobody ever seems to keep rigorous data on their playing records. Meanwhile the anecdotal data is difficult to confirm.
I have kept records of our trips:
Playing 1/2 nlh
+350+500+1400+700-300-200-437-150+625-80+100+122-400-75+135
I am happy when I come away even. My DW does MUCH better (4 digit wins typically) and is more consistent. You could say I play for comps (the $1 per hour they give you towards food) . We have a great time, eat some good food, drink for free, and (used to) see some great shows.

$50/hr consistently seems to be a bit high, but I guess it depends how many hours you play before you double through a few times.
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Old 02-26-2012, 12:30 AM   #43
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Nobody ever seems to keep rigorous data on their playing records. Meanwhile the anecdotal data is difficult to confirm.
This is very true...but when I said 50/hour I am thinking about my current trip involving about 10sessions. Perhaps it is a bit more ....perhaps a bit less...I don't really care as a few thousand is hardly life changing and I have no reason to lie. I got into this discussion only to point out the futility of even wasting time to play blackjack,and to applaud the fact that you decided not to play it.
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Old 02-26-2012, 11:43 AM   #44
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This is very true...but when I said 50/hour I am thinking about my current trip involving about 10sessions. Perhaps it is a bit more ....perhaps a bit less...I don't really care as a few thousand is hardly life changing and I have no reason to lie. I got into this discussion only to point out the futility of even wasting time to play blackjack,and to applaud the fact that you decided not to play it.
My point was that I wasn't going to play blackjack, but you're not exactly making a convincing data-based case that I should play poker either. But as you said, you weren't trying to convince anyone to play poker.

I've made far more money with far less effort watching for the half-dozen times a year that it's made sense to sell call or put options. Ironically the reason that we sell them at those times is because we've reached the criteria to rebalance, and selling the options helps eliminate the agonizing.

I see this trip as more of an opportunity for exercise, strolling the Strip, and getting in a lot of distraction-free writing.
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Old 02-26-2012, 02:42 PM   #45
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Someone winning $50/hr in 1-2 NL is almost assuredly running very hot.

People can get better cards than average over many hundreds of hours playing live. That leads to an awful lot of people thinking that massive win rates are normal. Most of these people continue playing and discover that that they can run bad as well.

From a practical standpoint, it is very difficult to determine a win rate since the playing conditions change dramatically over time.

Here is a thread at a poker website that discusses some of these issues--

*** Official Winrates, bankrolls, and finances *** - Live Low-stakes No Limit Poker Forum - Live Poker Low-stakes NL

Quote:
Originally Posted by Eder View Post
This is very true...but when I said 50/hour I am thinking about my current trip involving about 10sessions. Perhaps it is a bit more ....perhaps a bit less...I don't really care as a few thousand is hardly life changing and I have no reason to lie. I got into this discussion only to point out the futility of even wasting time to play blackjack,and to applaud the fact that you decided not to play it.
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Old 03-31-2012, 12:30 AM   #46
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Apparently I've been playing the wrong kind of blackjack.

The Man Who Broke Atlantic City - Magazine - The Atlantic

It turns out that the rules can be negotiated if you're betting the right amount of money.

Now all I have to do is muster up the guts to deposit $1M with a casino for the appropriate "discounts"...
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