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#1
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I dunno. Never really thought about it.
If someone wanted to BACK me for a cash game, I guess I'd do it. I mean, no risk to me, right? Like if you gave me $5000 and wanted me to play 30/60 (6 max, of course) with it until I entier doubled it or lost it, I'd do it. That's only 80some BBs, which is NOT a proper bankroll, so there is a chance I would bust with it, but I'd say it's probably a 20% chance I'd bust and an 80% chance I'd double it. So, if the deal was that I don't lose anything if I bust and I get to keep half the profits if I double it, I'd be risking nothing with a shot to earn $2500. Seems like a great deal on the surface, but if my 80/20 guesses were correct, I think that means my EV on the $5000 would be: .8 * 5,000 + .2 * - 5000 = $3000. And since $3000 is > $2500, that means I shouldn't use a backer and should back myself. Right? Did I do that right? Of course, that's all dependent on my 80/20 numbers being correct, and those could be way off, I guess. If we change them to 60/40, my EV becomes just $1000 which is much less than the $2500 from the backing, so I should use the backer. I realize this has nothing to do with the original question any more, but as I started typing, it just kept on coming out. Sorry about that. Interesting to think about though. |
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#2
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very interesting to think about - and i totally see ur point - with those 80/20 numbers i think everyone would certainly want to back u.
__________________
"Suffer the pain of discipline or suffer the pain of regret" "Rome wasn't built in a day" |
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#3
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Because I'd only have 83ish BBs to work with, those numbers are probably off. It's probably more like 60/40. But give me $3000 and make me play $5/$10 (300 BB), and I think the actual numbers would be more like 90/10.
At least. Hence me not being in a real big hurry to finsd a cash game backer.
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#4
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Reviewing my detailed 5/10 and 10/20 (mixed) 6 max records.... I have NEVER had a $3000 downswing. I've had a couple that approached $2000, but never once had I dropped $3000 before winning it all back and turning a profit.
That's pretty sweet!
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#5
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Seems like u would be making a freakin KILLING with those kind of numbers (and im not saying ur not - i dont have a very good idea as to the amount of $ u make)
u must absolutely never tilt tho - those are some impressive numbers
__________________
"Suffer the pain of discipline or suffer the pain of regret" "Rome wasn't built in a day" |
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#6
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Oh, I tilt... believe me, I tilt (see 2k downswings above).
If I played poker full time, and stuck to 6 max cash games, I think I could earn a pretty decent chunk of change. But I'm a very busy man (which is odd, considering I don't "go" to work), and I end up not playing all THAT much poker. I'm on my way out now, but you might be able to talk me into posting some BB/100 numbers later, if you really want to have fun with some math. |
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