Poker players, need help anaylzing my poker stats

[shdw01]

Could you explain rakeback a little more thorughly. Like I said I haven't played very much and still learning. Obvioulsy it has something to do with giving you back some money, like rebates with horses. So if I played 7,000 hands at the $1-2 level than what would I be expecting?

The bankroll thing is a long story but it was more or less a start with how to play a short stack strategy, this strategy is condusive to someone just starting and gives you your best chance to win by going all in early in the hand when you have the nuts or close to it. Unless you are one of the best players at your table than you should not have a big stack or play alot of flops and I am not close to being the best player at the table.

Rakeback differs from each site. FTP deducts everything from rakeback (use of points, deposit fees, etc.) but generally a full ring game of 1/2 NL for 7 hours will get you $245.70.
It is basically a % of the rake (portion of pot that goes to the cardroom) going back as incentive to play at that cardroom.

I see what you are saying with the short stack theory and I'm not sure what the right answer is here but ever think about playing lower limits (where you are the best player at your table) and buy in full and go into pots with higher %s (all-in being ahead w/ 1 card to go is safer than ahead and all-in preflop). if you like to get all the money in early, I assume you have to be quite lucky (or at least not unlucky) to make strides this way. I'm sure some more experienced posters here know this answer.

GL at the tables ICE

 

[gamerecognizegame]

im mainly a limit player but i play a little bit of no limit and it looks like if you are playing 18% flops which is less then most then you should be winning more then 35% of the time. and also in no limit your showdown percentage should be higher then in limit. 56% would be good in limit but i believe it should be a little bit higher in no limit. but you really need to play more hands if you want a true indication.
Poker Tracker is necessary for an online poker player. it really is a fine program. cant speak enough about how good of a job the guy did making it. the more and more familiar you get with it the better you will be able to take advantage of it. there is also a website and a forum they have if you have any questions on how to use it. also the pokerstars points system basically is rakeback. you can earn about 1500 cash a month if you play enough and there are more players and tournaments if you are looking to get into those. ive heard that the nl games there however are not as easy as bodog but it would be good to have as an out so you can pick and choose a good game if you see one and they are as reliable as it gets in offshore. it hasnt taken me longer then 3 days to get a check of mid four figures each time. glad to see you are winning and i think i told you this before that if you put the same amount of time in poker as you did in sports you would be extremely pleased with your results. it should only get easier for you.

the short stack method you are using is a safe way to lock in a profit if you play by the book like you are. but as you get better and get more experience you can be more profitable buying in with a full stack.

 

[Iceman]

Rakeback differs from each site. FTP deducts everything from rakeback (use of points, deposit fees, etc.) but generally a full ring game of 1/2 NL for 7 hours will get you $245.70.
It is basically a % of the rake (portion of pot that goes to the cardroom) going back as incentive to play at that cardroom.

I see what you are saying with the short stack theory and I'm not sure what the right answer is here but ever think about playing lower limits (where you are the best player at your table) and buy in full and go into pots with higher %s (all-in being ahead w/ 1 card to go is safer than ahead and all-in preflop). if you like to get all the money in early, I assume you have to be quite lucky (or at least not unlucky) to make strides this way. I'm sure some more experienced posters here know this answer.

GL at the tables ICE

Thanks. Like I said my poker knowledge was a joke a month ago. I follow a strategy devised by Ed Miller in his poker book. He talks somewhat extensively about buying in for the table minimum and going all in with certain hands in certain posisition's at the table.

I am getting a little bored and want to learn the right way so I will most likely pay the price and lose to go this route but if any true beginner has the patience and discipiline I think this strategy is a no brainer to meake sme extra money each month.

 

[primetime21+]

Rakeback is calculated as follows:
The total rake generated at a table divided by the number of players at the table times the rakeback percentage (ie; .27)

So if the total amount of rake generated during the hands you played during a month is 10,000 and the average amount of players at the tables (while the hands were played) was 6. Then you divide 10,000 by 6 =1,666. Then you multiply that by .27 and you get 450 back.

Simply 10,000 (rake generated) divided by 6 (average #of players) times .27 (rakeback percentage).

some people refer to MGR. The MGR is the number you get before you multiply your RB percentage. So in the above example its number you get after you divide your 10,000 in rake by the # of players.

What some have mentioned is that Full Tilt deducts your rakeback whenever you purchase something from the FTP store. But they only take it out of your MGR. So its not that terrible.

 

[ECS]

I actually have been reading and been meaning to post in the thread. Keep it up, it is very intersting.

How long you ben playing poker?

You seem to have alot better grasp of it than myself (though I have came a long way).

I'm glad someone thinks its interesting, it has actually helped me too, I think every poker player should go back and think about their session and it helps me to write things down. I get a much clearer picture after the fact sometimes. Reminds me, time to go update, just put in a little afternoon session.

I have been playing poker now since about 2004 (the moneymaker WSOP). I was your typical fish, burnt through cash pretty quick trying to get a grasp of why shouldn't I be playing A9 unsuited in early position. I then decided to start reading, went through at least 10 books and finally started to get a better grasp. I had a period of time where I was only playing tournys, highlighted with a live tourny win in a 125 buy in w/ 200 entrants. I soon got into ring games and realized how much more you could make just getting good at this, so ring has pretty much been my focus the last year or so.

 

[ECS]

Could you explain rakeback a little more thorughly. Like I said I haven't played very much and still learning. Obvioulsy it has something to do with giving you back some money, like rebates with horses. So if I played 7,000 hands at the $1-2 level than what would I be expecting?

The bankroll thing is a long story but it was more or less a start with how to play a short stack strategy, this strategy is condusive to someone just starting and gives you your best chance to win by going all in early in the hand when you have the nuts or close to it. Unless you are one of the best players at your table than you should not have a big stack or play alot of flops and I am not close to being the best player at the table.

Rakeback basically takes the money you are paying the site, and then you get a percent back, just that easy. The nice thing about the place I use is they will send you your money at anytime.

I disagree with the short buy in, the best way to make the money is to nail a guy when you have a monster and they are too stubborn to give up their big top pair. Sounds like you are playing over your head at 1-2NL. Why not do the 50/100 max buy in tables. The competition is weak and you will still make decent money.

 

[Iceman]

im mainly a limit player but i play a little bit of no limit and it looks like if you are playing 18% flops which is less then most then you should be winning more then 35% of the time. and also in no limit your showdown percentage should be higher then in limit. 56% would be good in limit but i believe it should be a little bit higher in no limit. but you really need to play more hands if you want a true indication.
Poker Tracker is necessary for an online poker player. it really is a fine program. cant speak enough about how good of a job the guy did making it. the more and more familiar you get with it the better you will be able to take advantage of it. there is also a website and a forum they have if you have any questions on how to use it. also the pokerstars points system basically is rakeback. you can earn about 1500 cash a month if you play enough and there are more players and tournaments if you are looking to get into those. ive heard that the nl games there however are not as easy as bodog but it would be good to have as an out so you can pick and choose a good game if you see one and they are as reliable as it gets in offshore. it hasnt taken me longer then 3 days to get a check of mid four figures each time. glad to see you are winning and i think i told you this before that if you put the same amount of time in poker as you did in sports you would be extremely pleased with your results. it should only get easier for you.

the short stack method you are using is a safe way to lock in a profit if you play by the book like you are. but as you get better and get more experience you can be more profitable buying in with a full stack.

Kind of what I am attempting to do is add to my short stak strategy. Going to buy a few different softwares tomorrow but still in the investigation phase.

I also agree with the win pct after flop seen win pct being a little lower than I would like. I think I need to increase my pre flop bet size to dwindle down the players involved in the hand and get into more showdown type situations.

Hope this is worth it but it is strating to consume me.

 

[Iceman]

Rakeback is calculated as follows:
The total rake generated at a table divided by the number of players at the table times the rakeback percentage (ie; .27)

So if the total amount of rake generated during the hands you played during a month is 10,000 and the average amount of players at the tables (while the hands were played) was 6. Then you divide 10,000 by 6 =1,666. Then you multiply that by .27 and you get 450 back.

Simply 10,000 (rake generated) divided by 6 (average #of players) times .27 (rakeback percentage).

some people refer to MGR. The MGR is the number you get before you multiply your RB percentage. So in the above example its number you get after you divide your 10,000 in rake by the # of players.

What some have mentioned is that Full Tilt deducts your rakeback whenever you purchase something from the FTP store. But they only take it out of your MGR. So its not that terrible.

thanks. very helpful. I will add this to my game as soon as Monday.

Bodog offer a rakeback? I don't think so or never seen it.

 

[Iceman]

I'm glad someone thinks its interesting, it has actually helped me too, I think every poker player should go back and think about their session and it helps me to write things down. I get a much clearer picture after the fact sometimes. Reminds me, time to go update, just put in a little afternoon session.

I have been playing poker now since about 2004 (the moneymaker WSOP). I was your typical fish, burnt through cash pretty quick trying to get a grasp of why shouldn't I be playing A9 unsuited in early position. I then decided to start reading, went through at least 10 books and finally started to get a better grasp. I had a period of time where I was only playing tournys, highlighted with a live tourny win in a 125 buy in w/ 200 entrants. I soon got into ring games and realized how much more you could make just getting good at this, so ring has pretty much been my focus the last year or so.

Ring games= cash games, right? Pardon my ignorance but like I said not great with all the terminology.

I too have bought and tried to read all the best poker books I could get my hands on (Harrington, Gordon, The new Full Tilt book, Lee Jones, Ed Miller, Fischman, etc...). The problem is I think I may be confusing myself more (LOL). Starting tonite I am going to jot everything down that seems relevant and go from there. That is how I learn best. I want to get good at this but need to devise a philosphy.

What books do you reccomend (don't mind if it is one I mentioned as I will focus more on that one than)?

Seriously continue to post your journal. Maybe add a total hours played and overall up or down money column to it. A running total. I was thinkng about doing something similar back in the poker room but I am going to wait till I have developed a style that I feel comfortable playing with. How well have you been doing the past year or so? Do you keep track? 2 things I have learned is you have to focus on the right level game you can beat ad posistion at the table means alot more than I 1st thought.

 

[Iceman]

Rakeback basically takes the money you are paying the site, and then you get a percent back, just that easy. The nice thing about the place I use is they will send you your money at anytime.

I disagree with the short buy in, the best way to make the money is to nail a guy when you have a monster and they are too stubborn to give up their big top pair. Sounds like you are playing over your head at 1-2NL. Why not do the 50/100 max buy in tables. The competition is weak and you will still make decent money.

not sure I was playing over my head at the $1/2 playing the short stack strategy as most of the play was no brainer, pre-flop decisons. It was almost robotic as long as you folllowed a few simple rules. Going forward I may look into going down to .50/1.00 when I go big stack poker.

 

[royalfan]

in case you were not aware, I believe WSEX still has rake free poker. You might want to check into that.

 

[Iceman]

in case you were not aware, I believe WSEX still has rake free poker. You might want to check into that.

Heard that and actually have an account there (not active currently) but from what I hear it is a ghost town. More players at Bodog? Anyone know?

 

[ECS]

When I left wsex their was MAYBE 1 full game going at a time

 

[p1zza_man]

IceMan

I see your getting poker software. Well I can get ya PokerTracker for $25. Just send it to b1grich on PokerStars. After you do this just post your PokerTracker Product ID and I'll give ya the key. Well after thinking about it lol ... I need someone to get it free for people will believe me that I can get the key for them. Just let me know what the ID is and I'll give it to ya for free, as long as you can back up my keys.

 

[ECS]

pizza man, you had better do at least 2 free to verify, ill take the other one

 

[p1zza_man]

pizza man, you had better do at least 2 free to verify, ill take the other one

sure bud ... no problem ... just post your program ID and i'll get ya the key

 

[yawn]

Books...

Theory of Poker-- Read it --Then re-read it.

But poker is sort of like trading, it don't matter how many books you read nothing is gonna teach you like being trenches.

Learn the value of playing position.

Learn to play short tabled 4 or less--more hands--more opportunity for you to take advantage of your opponents leaks. Will help expose your leaks also and make you better.

Getting Philosopy and style is good as you are learning, but eventually you will want to be adapt your play to your opponents. I don't approach a game that is a box of rocks where everyone is sitting around nut peddling the same as I would to one that is a fish tank.


Rakeback comes in 2 different flavas

Rakeshare--you don't have to put money in the pot
RakeRebate-- you have to put money in the pot (i.e. WSEX)

 

[p1zza_man]

guessing you dont want the key lol

 

[ECS]

Whats my program ID?