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thrash1294 05-25-06 05:09 PM

goal
 
I want to average $100 a day playing poker online.

I am open for a plan..... any suggestions?
games, limits? anyone? bueller?

jillaj 05-25-06 05:20 PM

Beat 1/2 NL and you should get to your goal.

eejit101 05-25-06 06:58 PM

Play $100 sit and gos.

loads of chances to get that then

Penguinfan 05-25-06 07:37 PM

Humbly disagree with both the above. Anyone who plays for a living, or steady income, plays limit, plain and simple.

You can probably multi table 3/6 and make that much a day if you are good and can play for a few hours.

Pshabi could probably tell you better, I think he was multi tabling 3/6 for a good while.

At the "One big bet and hour" theory that is generally accepted as atainable if you play 3 tables then 5 hours a day would get you right around $100 +/-

I am sure it's tougher than it would appear though.

Good Luck with it.

thrash1294 05-25-06 07:40 PM

I was thinking 4 tbls 25nl every time a doulbe one bail, and start again with $25 over and over thoughts?

also solid play with no bluffs;)

Tony Cheval 05-25-06 07:46 PM

No.

NEVER 'bail' on a winning table, setting a 'stop-win' limit is a terrible idea.

thrash1294 05-25-06 08:00 PM

I think with this plan I make steps 4 steps=$100
that way I would not have to risk a big stack which could set be back to square one. and with low buy-in the risk would be less. I dont want to get half way up the staircase and be knocked down to the landing on one hand.

so I guess this could be called the staircase plan...

JDMcNugent7 05-25-06 08:10 PM

beating $1/2 u should Kill that goal.

I would say play 4 $25 tables or something for like 2-3 hours a day?

PShabi 05-25-06 08:16 PM

Setting daily monetary goals is a bad idea. It goes against the basic idea that poker is a longterm games.

Setting stop limits does two things:

1) Cuts your winning sessions, when you're possibly playing your best. Why quit when you're playing your best.
2) It makes you play longer when you're not playing optiimally, "chasing" after lost funds and trying to hit your "goal" for the day.

RECIPE FOR DISASTER.

Become a winner at whatever level, but set hands played goals or time played goals instead.

thrash1294 05-25-06 08:20 PM

So JD you think it can be done this way? how many hours avg. you think?
Also I would be doing this with 25% rakeback.

I guess I am just looking for some comfirmation that this plan can work.

I am thinking of just working part time and staying home more with the kids
If I can avearge $100 a day I can bust my montly bills and then my other job would be gravy. I tend to be a winning player and know to set a stoploss
and target gain when it comes to stocks so I figure I can use the same strategy
when playing poker.

2Tone 05-25-06 08:32 PM

Not the best idea
 
Though I understand the temptation, ratholing here is actually the worst way to go about this. Should you double up at $25 NL table, you want to use your larger stack to your advantage, forcing your opponents to lay down when otherwise they might call.

How to best make $ really depends on your individual strengths as a player. For me, it would be a couple hours at a 3/6 table. Individual results may vary.

Print and save pshabi's post, as it is very important. Have stop limits if tilting is an issue, but you can't/won't make $100 a day everyday. So some days you'll need to make $500 to make up for those other days when the cards aren't falling.

thrash1294 05-25-06 08:39 PM

thanks 2 tone good input

All and any advice welcome:thumbsup:

Tony Cheval 05-25-06 09:13 PM

Far better would be to:

1) Learn to recognize when you're starting to play suboptimally,

2) Have the resolve to stop when you are doing so, then come back when you're ready.


God knows I could do better at these. :p

Talking Poker 05-25-06 11:10 PM

Thanks for saving me having to type out this EXACT post.

GG.

johnp158 05-26-06 01:24 AM

This is NOT the way to think critically about any important decision. You should be looking for evidence that this may work, but you should be looking equally hard for evidence that this is a bad idea. Which, as previous posters have stated, it is. Don't stop because you get to 100, and don't keep going if you're worn out and down and playing poorly.

And if you have such low confidence in your game that you leave a table any time you double up, you should reassess what you're doing.

JDMcNugent7 05-26-06 02:49 AM

yes it can be done a TON of diff. ways.

And I am with TP and Shab and every1 else - dont play to win $100 then quit. My advice was for u to try to average $100 a day - over like a year... dont worry about a few losing and a few winning days here and there... its all about long term obviously.

anyway ... just find a limit u play and beat... see wut ur bb/100 is... and try to 4 table that level for the hands u need to average what will eventually be an avg. of $100 a day.

johnp158 05-26-06 03:22 AM


I know that JD has had huge success lately, and is a great player, but I don't think it's just that easy to see what your bb/100 is. Unless you have a large sample, and an enormous sample for NL, you don't have a great idea of what this is, and you can't assume that you can average such a number over what seems to be a goal that you want to accomplish in the short term.

thrash1294 05-26-06 08:17 AM

thanks all:)

jillaj 05-26-06 01:01 PM

While I doubt you can make a 100 a day from 25 NL tables anywhere, well not you in particular since you absolutely slaughter tables like few can, I was just thorwing out a game that would give you 100 even if you were a marginal winning player. I made 4k plus playing 50 NL in 3 months and I didn't average even 75 a day. Again this is all under the assumption he wants to average 100 a day even while not playing 7 days a week. He could just be talking about the days that he plays which would let him play a little lower limits to get to his goal.

jillaj 05-26-06 01:09 PM

While it might be a majority of players that play limit for a living, I personally know a handfull of people that clear 150k plus a year playing NL ring games. These are just people that I know for a fact they clear this much, not including some people that claim to be making that much. They do have tremendous down swings that a limit player might not have as much(though I could be wrong), they also make an absolute ass load while running good.

thrash1294 05-30-06 11:25 AM

Well Itried it for 2 days $25 nl 14 hrs total profit $236 then 2 day limit $1/2 17 hrs total profit $147.

limit is much less stressfull. but I may try 2 days with 2 limit tables and one no limit and see how it goes.

totals above include rakeback:confused:

Talking Poker 05-30-06 01:43 PM

Obviously, it goes without saying that those are far from significant sample sizes... but GL. Keep it up.

Oh, and maybe it will work for you, but I hate mixing limit and NL play - I never do it.

eejit101 05-30-06 02:43 PM

I cant mix the two either. Nice figures so far, gl keeping that up.

JDMcNugent7 05-30-06 04:04 PM

i know of 100's of people that play strictly NL as their job.
If they are better at NL than limit I don't see how u can say everyone who plays for a living plays limit - it just makes no sense.

eejit101 05-30-06 06:17 PM

I know about 4 guys who play online NL for a job.

Stirctly the "maths" guys play limit, the people who read the books, take the time, the serious guys.

JD is a wonder kid, he seems to be able to put people on hands, bet the correct amount each time, he plays NL, he earn $10million a week or something:rolleyes:


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