Friday, July 15, 2005

Acceleration?

I'm setting a goal of averaging at least $50 per hour over the next few months. That is 2.0 to 2.5 BB/100 hands playing 2 tables of $10/20, which I think is especially achievable playing limited hours with good game selection.

Translation for non-poker people:
I usually play limit hold'em where bets and raises are fixed in increments of $10 or $20, as opposed to the no-limit you see on TV. I think that I can average a profit of 2 to 2.5 big bets (big bet in this case being $20) per 100 hands I play, and I can expect 100 to 130 hands per hour or so. A win rate of 2.5 would be very ambitious (anything over 1.5 is good; over 3.0 is expert) if I was playing 4 tables at the same time for lots of hours, but if I only play under very favorable circumstances (lots of bad players at my table and few good players) and only have to concentrate on making good decisions at 2 tables, I think it is a reasonable goal.



For my last ~70,000 hands played, I've averaged $34/hour.
For my last ~13,000 hands played, I've averaged $77/hour.
For my last ~800 hands played, I've averaged $132/hour.

That last stat is just a joke. Those are the real numbers, but I'm sure I could find plenty of 800 hand samples where I won or lost $200/hour. This is a very volatile game, so you really have to look at the long run. Even the 13,000 hand sample isn't really enough to draw any specific conclusions other than that I've have a good last 13,000 hands.

What I really should also do is set a goal of playing a certain number of hours per week. Then I could estimate my total earnings, net out estimated living expenses, and project my bankroll growth to set an estimated date to move up to $15/30.

Not tonight though. I'm getting up "early" tomorrow to meet some former coworkers on their lunchbreak, so I better get some sleep.

No comments: