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-   -   Trying to establish a Earn rate... how many hours to get a real one? (http://archives1.twoplustwo.com/showthread.php?t=240381)

daddywolf 10-19-2006 05:06 PM

Trying to establish a Earn rate... how many hours to get a real one?
 
I am doing a test. I have recorded 34 hours of internet play at 2/4 limit. I am averaging $16.51 per hr. or 4.1 BB per hour per table.

How many hours before the earn rate is legit? What do the books say ? thanks in advance for any info.

bulldawgblue 10-19-2006 05:13 PM

Re: Trying to establish a Earn rate... how many hours to get a real one?
 
It depends on how many hand its over. The more hands the more accurate your rate. 50K hands should give you a good idea. 100K would be better.

daddywolf 10-19-2006 05:17 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
34 hours equals around 2000 hands. I am playing a full ring of 10 players.

daddywolf 10-19-2006 05:20 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
833 hours to get a earn rate........I will be dead by the time I learn how good or bad I am. lol

edfurlong 10-19-2006 08:31 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
[ QUOTE ]
34 hours equals around 2000 hands. I am playing a full ring of 10 players.

[/ QUOTE ]

That is one session for many people. Just keep plugging along.

CaseS87 10-19-2006 08:34 PM

Re: Trying to establish a Earn rate... how many hours to get a real one?
 
[ QUOTE ]
It depends on how many hand its over. The more hands the more accurate your rate. 50K hands should give you a good idea. 100K would be better.

[/ QUOTE ]

i would say you need about 200k hands to actually determine a winrate. after 50k hands you basically know whether or not you are a winner in the game.

Leader 10-19-2006 08:45 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
[ QUOTE ]
It depends on how many hand its over. The more hands the more accurate your rate. 100K hands should give you a good idea. 500K would be better.

[/ QUOTE ]

Leader 10-19-2006 08:46 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
[ QUOTE ]
833 hours to get a earn rate........I will be dead by the time I learn how good or bad I am. lol

[/ QUOTE ]

Them the breaks bro.

Arnfinn Madsen 10-19-2006 08:56 PM

Re: Trying to establish a Earn rate... how many hours to get a real one?
 
In limit I seriously think 50k hands is too few to establish if you are a winner, but whatever you have at each point is your best guess.

CaseS87 10-19-2006 09:49 PM

Re: Trying to establish a Earn rate... how many hours to get a real one?
 
[ QUOTE ]
In limit I seriously think 50k hands is too few to establish if you are a winner, but whatever you have at each point is your best guess.

[/ QUOTE ]

playing 10 handed limit i think 50k hands will determine if you are a winner or not.

Arnfinn Madsen 10-19-2006 10:02 PM

Re: Trying to establish a Earn rate... how many hours to get a real one?
 
[ QUOTE ]
[ QUOTE ]
In limit I seriously think 50k hands is too few to establish if you are a winner, but whatever you have at each point is your best guess.

[/ QUOTE ]

playing 10 handed limit i think 50k hands will determine if you are a winner or not.

[/ QUOTE ]

Good point, and it definately depends on the limit too, you know much quicker at 2/4 as he plays than at 30/60.

Webster 10-20-2006 04:40 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
50K hands or 800 hours in limit will tell you if you are a winner but but not the rate.

For instance - I have a LOT of hands (400,000ish) and I know I'm a 2+BB/100 player. However in my last 40 hours of play I am in the -8BB/100 range. YUP?

Now if this streak hit me when I first started to play I would not have made it past 2000 hands before I payed CIV II but it didn't.

I have ALSO gone 10,000 hands at 6BB/100.

Poker is a VERY streaky game and you really do need a LOT ot time just to know you can win and even then you will always wonder. I know I've been wondering and I have played online for 8 years!

rjohson 10-20-2006 06:49 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
can some one explain to me what he means by 8BB/100 i see thsat a lot what exactly does that mean does it have something to do with the amount of big bets you win?

edfurlong 10-20-2006 09:27 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
The number of bets you win over 100 hands.

Fei 10-21-2006 06:57 AM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
I can say that I've played 200,000 + hands all short handed. I only play in the NL 6-player cash games and I average 7.5BB/100. The more aggresive you are, the more hands you need to play to establish your earn rate. But for tight players, 5000 hands is a good enough number to know what your earn rate is.

driller 10-21-2006 10:59 AM

Re: Trying to establish a Earn rate... how many hours to get a real one?
 
At your level of experience there is no real "win rate" its like asking a bug that lives a couple of days what the climate is like.

My personal experience is that at a given limit you can have a win rate of 2 bb/100 for 50k hands, then break even (or worse) for the next 50k.

Concentrate on something else.

Webster 10-21-2006 05:59 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
Any win rate needs to be justified by table conditions.

In Limit Full ring in low limits with 45% flops a person COULD win 6BD/100. However, once you get over the 1/2 mark wit hthe 35% flops 2BB/100 is what most strive for and at places like WSEX 0BB/100 is doable.

daddywolf 10-21-2006 09:04 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
CivII? Ok, if it is so streaky.........why do the books and pros act like you can be a winning player each month?

Is it true or is it hype?

daddywolf 10-21-2006 09:07 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
Concentrate on something else? what does that mean?

a bug? come on now.

My level is 40 plus books. 3 years of internet play. I just started doing a sample test and going back to some basic record keeping.

CAN a BUG do that?

Arnfinn Madsen 10-21-2006 09:08 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
[ QUOTE ]
CivII? Ok, if it is so streaky.........why do the books and pros act like you can be a winning player each month?

Is it true or is it hype?

[/ QUOTE ]

It is not likely to get a losing month, multitabling full time gives you so many hands/month that if you have a decent winrate you will end up in plus for most months, but losing months can very well happen, but more so in limit than in no limit I think (some pros play 30k or less hands a month and for limit it is no oddity for a winning player to have a losing 30k-interval).

daddywolf 10-21-2006 09:13 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
You are saying the win rate is easier in NL......seems like the swings would be much greater and harder to recover from a series of bad beats in a month in NL

Arnfinn Madsen 10-21-2006 09:16 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
[ QUOTE ]
You are saying the win rate is easier in NL......seems like the swings would be much greater and harder to recover from a series of bad beats in a month in NL

[/ QUOTE ]

In no limit the variance is lower and pros seem to stay at level where their winrate is higher, both factors contribute to this.

daddywolf 10-21-2006 09:17 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
You are saying it is easier for a pro to win consistantly in NL vs Limit? seems like the swings would be much deeper and the suckouts harder to overcome in a month? please explain?

Arnfinn Madsen 10-21-2006 09:21 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
[ QUOTE ]
You are saying it is easier for a pro to win consistantly in NL vs Limit? seems like the swings would be much deeper and the suckouts harder to overcome in a month? please explain?

[/ QUOTE ]

The swings are bigger in limit, a winning player in no limit is more likely to be a winner in i.e. a 30k hand period than a no limit player. In no limit the winrate normalizes quicker so to speak.

daddywolf 10-21-2006 09:48 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
why would this be? Are you saying you can stop the bad player from chasing too much by your bet sizes? Is that the reason ?
Please explain more.

Arnfinn Madsen 10-21-2006 09:53 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
[ QUOTE ]
why would this be? Are you saying you can stop the bad player from chasing too much by your bet sizes? Is that the reason ?
Please explain more.

[/ QUOTE ]

In limit your influence on the outcome is smaller, say we play at the same table and the only main difference between you and me is that I find some marginal +EV turn checkraises you don't find, still maybe my play only has a positive real outcome (not EV) 55% of the time, after 30k hands I may very well be on loss from those plays. A bit stupid example but limit is full of these things.

daddywolf 10-21-2006 09:56 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
OK, makes a point. so tell me. If I feel I am a solid player....why do I play NL vs limit? how do you approach it. online NL seems hard to know without any reads.

Arnfinn Madsen 10-21-2006 10:00 PM

Re: Trying to establish a Earn rate... how many hours to get a real on
 
NL is more psychological, limit is more logical (both has elements of both, of course). Try both, and you will see what fits you, NL seems to be the game having the biggest future though.


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