Reasonable hourly rate?

[HelloandGoodby90]

What is a reasonable average hourly rate at 3/6 Limit Hold'em? The game would rotate between 4 and 9 players, mostly bad. The player whose rate we are determining, would be the best regular in the game, not wonderful, but wonderful for 3/6 limit. All hands would be played live at a B and M casino.

Thanks

[sejje]

I think $6-$9 is considered reasonable. The rake is huge at that limit, though, and takes its toll.

[Gonkjester]

I think as stated before that $15-$18 is certainly possible but that $12 is definitly realistic for a decent player. I play at those limits in B&M and it's typical to sit at a full table with only 1 or 2 other good players and 7 or 8 horrible ones so a disciplined player can get paid off on huge hands every time. You don't even have to worry about your tight image because no one is paying attention.

[jively]

[ QUOTE ]
What is a reasonable average hourly rate at 3/6 Limit Hold'em? The game would rotate between 4 and 9 players, mostly bad. The player whose rate we are determining, would be the best regular in the game, not wonderful, but wonderful for 3/6 limit. All hands would be played live at a B and M casino.

[/ QUOTE ]
In Poker Essays, Mason says $4/hr for an OK player, $8 for a good player, and $12 for a great player. This edition was put out in 2004.

-Tom

[Gene Paulson]

I think things are a little better then they were in 2004 plus the small stakes book came out after that essay I would think, I play 1/2 live and wouldn't put myself down to think I could make 20d an hour if they had it. But a few months of tests won't do, you can make all the money minus the rake if you are the best player but just being the better there may not end up at 18d an hr. No as the topic starter posted he was only so good; the game giving him that much isn't probable; in the game I play no one comes out a winner but me and the room even the jackpot winners lose it all back and these aren't the cartoon variety give aways that you might conjure up. I have seen a player make a huge stack catching draw after draw then bet it all away! So unless I am very on top of that table I wouldn't count on ten dollars.

[Yepitis]

It may be wishful thinking on my part but I think we can get it a little higher, maybe $15-18, if you can play when the tables are the weakest.

I work 3rd shift so I go late Friday nights and can play well into the morning and still be pretty fresh. This way I can take advantage of the drunks and other loose crazy people that show up to give their money away.

If you are talking playing everyday then I guess that may be a different story.

[Foreverastudent]

I kind of have to agree with Yepitis on this one. I think that $15-18 is entirely do-able, depending on the table situation. It really depends on the competition. I've been pulling approximately this rate for the past few months, but I have to admit that my competition is exceptionally weak, being very loose, passive, and predictable (yummy).

I can't really compare, because I wasn't playing before the "poker boom," but I think a lot more weak and inexperienced players are coming to the card rooms now, which make the games so much softer than before. This means that unusually high hourly rates are now possible at these low limits.

[fishyak]

I find it noteworthy that no one is posting their own stats. I have 800 hrs. in low limit games ranging from 2/4-8/16 + some 3/6 full kill O/8, etc. I'm earning the princely sum of $1.65/hr. This figure is net of all rakes and tips.

I think it is easy to:

1) Overrate your skill set (rookie!),
2) Underrate the impact of variance, both good and bad.

Amoung the games I play, my best BB/hr. rate is 2.9. My worst is -0.1. These rates have seen substantial variance over the year. I'm in my 3rd year LLHE play, but am new to O/8, NL and SNG's which are part of these totals.

I challenge others to answer this question by posting their actual recorded results. Answers that say this book says this or that do not count. Answers that say I think I've done this or that do not count. Do you keep accurate score?

[bellatrix]

Well, I'm a loser at 3/6
I am a winner at 20/40
Both limits have many hands played by me. You can draw your conclusions.

[gobbledygeek]

[ QUOTE ]
I find it noteworthy that no one is posting their own stats. I have 800 hrs. in low limit games ranging from 2/4-8/16 + some 3/6 full kill O/8, etc. I'm earning the princely sum of $1.65/hr. This figure is net of all rakes and tips.

I think it is easy to:

1) Overrate your skill set (rookie!),

2) Underrate the impact of variance, both good and bad.


[/ QUOTE ]

QFT.

I've just passed the 850 hour mark of B&M 2/4 and I'm killing the game to the tune of $1.80/hour (i.e. 0.45 BB/hour). I'm exactly 50/50 in sessions won vs sessions lost.

IMHO, I think people greatly overestimate the advantage they have over poor players at the table. For any particular play, an opponent only has one of three options (fold, check/call or raise) and in a lot of instances even bad players can make the correct decision the majority of the time. A blind monkey could probably make the correct decision a fair percentage of the time, and the time he doesn't he could get lucky a fair percentage of that time. Overall these accumulations of small mistakes will cause them to be long term losers (enabling you to become a long term winner) but it ain't the gravy train people make it out to be.