tracking winrate
I have been playing poker about 4 years, but just started getting more serious about it a year ago. I have been tracking my stats for roughly 18 months, but in reading about win-rates from various sources a question has come up: should I be tracking in $/hr, bb/hr, bb/100, or something else altogether? Or is it simply a matter of preference?
I don't play online at all, so bb/100 would be hard to track in my live game. Thanks in advance for the input. I've been learning a lot here, and I look forward to many more insightful discussions!
I don't play online at all, so bb/100 would be hard to track in my live game. Thanks in advance for the input. I've been learning a lot here, and I look forward to many more insightful discussions!
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Hourly is calculated by looking at my reward credits...I get 26 tier credits per hour of play, I simply see how much my tier credits have gone up an divide it by 26. If I play in other casinos I use my phone to get a rough estimate of time as I also have an app to track my poker play on my phone.
I simply enter these numbers into a spread sheet, to get an houly average....and I chart it to get a feel for the slope and what down swings look like.
I try to treat it as much as a business as possible. If I decide to drop $20 in a video poker machine ....its a poker expense in my opinion. If I sell some comps, its added in a poker profits. I pay for a room (taxses of $5.28 is charged on comped rooms ) is a poker expense...tips (food is generally free or I use comps) is a poker expense. Cost of transportation is a poker expense (or if I get more back from the free slot play and direct bet a poker profit)
This keeps it the simple and keeps me honest with myself. Ive known players to tip dealer out of their pocket, to claim a few $ more poker profit per hour.
For me its the bottom line....If I can only play 3 hours against drunks making $30 an hour is not as good as playing 5 hours against regs making $20 an hour...
Standard deviation is something I've seen discussed briefly, but it's something I'm not at all familiar with. My very limited understanding of it is that it gives an idea of what the ups and downs of poker can be expected to look like. Up to this point I haven't missed not looking at it, but I'm certainly open to having my mind changed if there is value to it that I'm not yet aware of.
Haha I appreciate the feedback, and especially the metaphor. I'll continue to disregard SD. So far my results have been fairly steady, or at least steadier than I expected them to be.
One of T.J. Cloutier's gems.
Thanks for the tip, I'll look into it.
Thanks for the advice, but unfortunately I'm an old man at heart and still use a flip phone :)