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  1. Now let us review a more realistic case – the player has scored an ROI of negative 30%.

    I call it more realistic because even bad players usually reach -30% in a long run, and we are interested, precisely, in the result over a long, instead of a single offer.





    It is noticeable that the red and pink areas have notably increased compared to the previous set of spreadsheets.

    Playing with a -30% ROI, a lot more players with a variety of selling terms can regularly make profit!

    Let us peek in their pocket:
    The player, selling 75% with a 1.13 mark-up is going to make modest, but steady 15% of his investment. If he manages to sell such a big offer with a 1.15 mark-up, his profitability will soar to 27%. The player, selling 70% stake with a 1.19 mark-up will make the same (of course, he will win more in a dollar terms).

    Now let us move to the players, scoring -10% ROI over a long run.





    These happy people can make money, operating on a wide range of terms.
    For instance, they can sell just 55% with 1.15 mark-up and receive 10% on their investment.
    In addition, if someone buys 70% with a 1.2 mark-up, the player gets 70% on his investment in a total BI. Let me remind you that all of this happens when he played out with a -10% ROI.

    Colleagues, I am not writing to tell you how unfair the world is. Staking with a mark-up provides a nice opportunity to make money for both backers and strong players.

    However, when you buy stakes, you should realize that choosing the horse incorrectly will lead you to losing money, paying a salary to a weak player.

    Next time I will post similar spreadsheets for profitable players. Then we are going to move on to the issue of offer evaluation.

  2. Hi Guys,

    First time I have ever really done a blog so here goes!

    I'm fairly new to pocket fives and haven't really posted since joining. It was more to check my tournament winnings. I have played poker since 17 albeit not to a high standard. Don't get me wrong I can definitely play poker and understand the game however I never really focused on getting better and reading forums or speaking to others players. So its time to focus and start with a clean slate and really take this seriously. I am a member of many sites... Pokerstars, Full Tilt, 888 and Ladbrokes. I have now deposited $100 onto Stars and will be looking to exercise good bankroll management and play within my limits. I will be updating followers as much as possible and try to post more Blogs. I will also try posting hands to get some feedback on how I can improve or get extra value in certain spots. If anyone is wanting to do some sweat sessions and observe my game then I'm more than happy to do so, hopefully some of you guys will be able to spot some potential weaknesses or flaws in my game.

    To start off I will be limiting myself to cash games of 2nl and $1 SnG's - 45 & 90 man. and also $1/$2 MTT's. I also do have Holdem Manager 2 which will be very useful. I will only be looking to play when I feel up for a good session and when I have the time available to sit down for maybe 2/3 hours.

    With the end of the year approaching I have also set some targets which will help keep my head down and give me something to aim towards.

    My 3 aims before the end of 2015 is as follows..

    1) Finish the year with a bankroll of $300
    2) Be profitable over 30k hands at 2nl
    3) Win at least 1 MTT

    If anyone is looking for my skype for some sweat sessions then please drop me a message and I will happily provide. But right now its time to hit the table and see if we can start to crush some fish.

  3. I had a goal of making ten thousand dollars this summer. Right now I'm in the bottom of the ninth bases loaded 2 outs, down probably about 10 runs...

    Adding up my poker profit from the past few months of summer, I come to a grand total of $4,103.25. My classes for the fall semester will be starting on Monday Morning, giving me one last Sunday to make it all happen. I plan on playing a full schedule on Bovada starting around 4 in the afternoon, and plan on going till the last hyper turbos run in the middle of the night. IT is a long shot to try and more than double my entire simmer profit, but tonight alone I made 2 final tables, so I am going in with the maximum amount of confidence.

    I may stretch my bankroll management to its limits to try and achieve this, but sometimes its not about the money, its about achieving a goal. For anyone playing on sunday, good luck at the tables, stay focused and keep your eye on the prize.

 
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