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Would you rely on home games as your source of income?

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  1. lilbignuts lilbignuts is offline

    Posts: 24
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    May 17th, 2011 (5/17/2011 2:35pm)

    Where Im from I cant just drive to a local casinos, we have home games. I am going to try and give you an idea of what kind of home games we have in Texas.

    2-5nl
    people buy in from $300- $500
    10% rake up to $10
    +$1 High Hand after $20 pot
    You know everybody at the table (they are awful though)
    25 hands an hour at best

    I think its also worth mentioning that in the 5+ years ive been playing poker I have heard of no one who has built any sort of roll to move on to bigger and better things, could that be because of the games not being worth it here or maybe because all the players are terrible?

    Anyways with the givin examples would you rely on these games as your main source of income or not waste your time on it?
  2. mcandrews3rd mcandrews3rd is online now

    United Kingdom

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    May 17th, 2011 (5/17/2011 2:42pm) in reply to lilbignuts

    you might loose friends fast if you cripple them financial and go swanning of to vegas with their money
    183 1
  3. lilbignuts lilbignuts is offline

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    May 17th, 2011 (5/17/2011 2:48pm) in reply to mcandrews3rd

    when I say "you know everybody" at the table I dont mean your friends I just mean compared to a casino/online where everyone is a random.

    I wouldnt mind running off to vegas with there money I am just wondering if it is actually possible
    Thread Starter
  4. Joshua Hodge Joshua Hodge is offline

    Troy, AL
    United States

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    May 17th, 2011 (5/17/2011 3:09pm) in reply to lilbignuts

    My only thing would be to look at that 10%+1 rake as very hard to overcome especially with that few hand per hour. Play a few sessions and keep very good records and then re-evaluate your realistic expectation. Also we don't know what "making a living" is to you. Could be $20,000 CASH a year or could be $60,000-$100,000. I don't see that later being very obtainable in a home game.
  5. lilbignuts lilbignuts is offline

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    May 17th, 2011 (5/17/2011 3:27pm) in reply to Joshua Hodge

    If there is any math people out there that can give a rough estimate on what the hourly would look like in this scenario?
    Thread Starter
  6. Abratzzi Abratzzi is offline

    TX
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    May 17th, 2011 (5/17/2011 3:45pm) in reply to Joshua Hodge

     
    Originally Posted by Joshua Hodge View Post

    My only thing would be to look at that 10%+1 rake as very hard to overcome especially with that few hand per hour. Play a few sessions and keep very good records and then re-evaluate your realistic expectation. Also we don't know what "making a living" is to you. Could be $20,000 CASH a year or could be $60,000-$100,000. I don't see that later being very obtainable in a home game.

    This is true. I will say this though the edge a good player has over the avrg raked home game is much more than the avrg casino poker game imo so it makes up a bit for it.
  7. Sdanby Sdanby is offline

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    May 17th, 2011 (5/17/2011 3:46pm) in reply to lilbignuts

     
    Originally Posted by lilbignuts View Post

    If there is any math people out there that can give a rough estimate on what the hourly would look like in this scenario?

    these are the most annoying questions in the world. how the fck do we have any idea what your winrate is in these games? ffs
  8. lilbignuts lilbignuts is offline

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    May 17th, 2011 (5/17/2011 3:53pm) in reply to Sdanby

    hence rough estimate

    I am not asking you what you think my winrate would be, just what one that seems to be in the realm of possibilities.

    Please dont reply if all you have is your personal peeves to add to the topic
    Thread Starter
  9. Joshua Hodge Joshua Hodge is offline

    Troy, AL
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    May 17th, 2011 (5/17/2011 4:10pm) in reply to lilbignuts

    We would need more info relative your personal win rate to be constructive. That's why in my earlier post I encouraged you to keep really good records for a while and evaluate yourself. How aggressive you are, how willing your opponents are and your tilt frequency call all factor into this big time. "MY" goal is to win 10BB per 100 hands. Now I need about 20,000 hands for this to level out and I've been over and sadly well under. Brian Willis was my cash game teacher and this was the bar he set for me. This was originally set for online play and I can see where it could be higher live. The pre-flop pots are generally bigger and many live games have no cap on the buy in so your implied odds are better from the start. I kind of feel that all variance is relative but that's one mans opinion.
  10. jdbunchOSU jdbunchOSU is offline

    Weatherford, OK
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    May 17th, 2011 (5/17/2011 9:40pm) in reply to supra1988t

    That's a high rake for it to be a sustainable living. in a 2/5 game, you'll most likely hit the $10+1 every hand. that's $275 off the table an hour. How far are you from Oklahoma, or Louisiana?
  11. clemsonrich clemsonrich is offline

    Richmond, VA
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    May 17th, 2011 (5/17/2011 10:20pm) in reply to jdbunchOSU

    LOL. i mean maybe, but think about what you're asking. you want to make your living off of taking your friends money that they most likely actually worked for. lolololol
     
  12. GoBilliards GoBilliards is offline

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    May 18th, 2011 (5/18/2011 5:16am) in reply to lilbignuts

     
    Originally Posted by lilbignuts View Post


    Anyways with the givin examples would you rely on these games as your main source of income or not waste your time on it?

    THIS
     
  13. lilbignuts lilbignuts is offline

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    May 18th, 2011 (5/18/2011 8:37am) in reply to GoBilliards

     
    Originally Posted by GoBilliards View Post

    THIS

    this is all I was asking

    I am not saying I am going to go take my friends money to try and live the dream, I think playing live home games are -ev all around due to the fact that usually its gonna get raped by the gamerunner for their own business.

    Its pretty obvious that noone can make any money at this type of game. While I stay away from it I see everybody else trying to grind it out and are destroying their lives because of it.
    Thread Starter
  14. Likeabull Likeabull is offline

    SHREVEPORT, LA
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    May 18th, 2011 (5/18/2011 2:14pm) in reply to lilbignuts

    Looks like the best way to win is to host the game! But you better save 25% for bail and attorney's fees when you get raided. Home games should have ZERO rake!
  15. macdaddymague macdaddymague is offline

    Addison, IL
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    May 18th, 2011 (5/18/2011 4:29pm) in reply to Likeabull

    $10 rake is way to high for home game. Hard to beat on skow paced table
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