Thread: A week in the life of Poker Pro, Snowbank

Don't forget to add rakeback.

Bill transferred me $1 in pokerstars and I got it up to $1000. 100000% ROI.

Originally Posted by Peter2

Don't forget to add rakeback.

haha. no doubt Peter. Didn't want to confuse people with rakeback stuff but I definitely keep note of the rb with all the hands I play.

The rakeback for these 7 days should work out to $1,865.61. Brings the total to around $25.5k.

Originally Posted by biophase

Bill transferred me $1 in pokerstars and I got it up to $1000. 100000% ROI.

I also lent him $200 to play craps and he ran it up to $700. Basically any money I loan out turns into a flow of money.

p.s. Don't you still owe me $100?

Good stuff man -- keep it coming! So you average $10k a month, but you play 12 hours a day? Jeysus, you must have some carpal tunnel by now. You could use some of the magnetic wrist braces from my web store

- Hakrjak

Originally Posted by hakrjak

Good stuff man -- keep it coming! So you average $10k a month, but you play 12 hours a day? Jeysus, you must have some carpal tunnel by now. You could use some of the magnetic wrist braces from my web store

- Hakrjak

Ummm, that's 25k a week!

Originally Posted by biophase

Ummm, that's 25k a week!

Ha, ya. This is def. a good week though. I normally don't work a bunch of 12 hour days, no. Just been trying to get focused and get myself into grind mode to try and bank a lot of money by the end of the year. And yes, my wrists have hurt before; haha.

Just got a sick email. I sent the link to this post to someone I met at the fastlane meetup in Arizona. I did a poker presentation there, and they approached me afterwards asking some poker questions, saying they were interested in making money from poker, etc... We talked a bit, and have been speaking a bit through emails/pms since the meetup. They just told me they had their first $10,000 month last month! Really, really sick accomplishment starting up such a short while ago. Really shows what you can do if you just decide to do something.

Thanx for post snowbank. Awesome work!
Im not a pokerplayer myself (don't even know how to play it), but I have a lot of friends who play online; some break even, some small green, and most lose. But from what I gather this business has a couple of things in common with the stock market: know your risk and apply risk percentage to any buy ins you wanna do, and of course a safety net of stopping out when the odds are clearly in favour of the oppononet (even though if it means losing a bit of dough). One word seems important in this, as in most businesses, Discipline!

Your profile says you are located in Arizona. I assume this is online poker? How exactly is this legal?

So Snowbank --

Is there a "Basic Strategy" that online poker players like you play in order to put the odds in your favor? Maybe you could post some details about this, because I've always been curious. Do you play in no limit tournaments also, or just low limit games? Do you reco utilizing any software programs for analyzing the odds? (I'm sure a guy that plays as much as you has the odds memorized by now!)

Cheers,

- Hakrjak

Great post Bill, can't wait to read more!!!

Thanks for the information.

Nearly 7,000 hands a day. How do you keep things straight in your mind? I guess it comes with practice.

Reminds me of the movie 21, about the MIT blackjack card-counting team. If you lose concentration for even 5 minutes, you could screw up the odds and blow big bucks. You must be like a monk -- mad focus...

- Hakrjak

Originally Posted by hakrjak

Good stuff man -- keep it coming! So you average $10k a month, but you play 12 hours a day? Jeysus, you must have some carpal tunnel by now. You could use some of the magnetic wrist braces from my web store

- Hakrjak

just noticed i had the date wrong(june 30th instead of july 30th) was wondering where you were getting that figure. fixed it, thanks.

Originally Posted by hakrjak

So Snowbank --

Is there a "Basic Strategy" that online poker players like you play in order to put the odds in your favor? Maybe you could post some details about this, because I've always been curious. Do you play in no limit tournaments also, or just low limit games? Do you reco utilizing any software programs for analyzing the odds? (I'm sure a guy that plays as much as you has the odds memorized by now!)

Cheers,

- Hakrjak

There's not 1 basic strategy. There is an "abc" type of play that a lot of small stakes players use, but as you progress you divert from playing straightforward abc poker to playing more advanced to increase your edge over the other players, and always try and be one step ahead. I used to play on autopilot and just go through the motions sometimes, but I've stopped doing that and my results have increased dramatically since then.......... If you know player A does this, now I can counter that by doing this, but if player B knows that I know that he does that, then I do something different. So it takes a lot of focus and practice to always stay one step ahead, to make sure that each hand I'm extracting the maximum value I can from my opponent, and if I think I might be behind, minimizing the potential loss. Like I was telling the person from the fastlane meetup I've been talking poker with: "If you play well pre-flop, your pre-flop game will set up your post-flop game, which is where you make the money. Post-flop, just maximize gains and minimize losses." Easy game right? (I'll post a bit on how to actually go about learning these things when I make the post I mentioned.)

I rarely play tournaments. Cash games are much more profitable, and tournaments are kind of boring to me. As far as using software, personally I don't use any poker software, but am one of the only pros who don't. The program I posted my graph from was put on my computer by a guy I had a prop bet with to track my winnings for a crazy bet we had, so I have that on here but to post the graph was the only thing I've used it for. There are a bunch of programs that tell you pretty much anything you want to know about your game, the odds, your opponents games, equity spots, etc... I'll ask my friends what the best ones to recommend for starting out are.

Great stuff man! I and others here really appreciate your contribution -- Speed+++

Another question -- I know guys who play as a "Team"... Where maybe 3 of them pool money, and get on a conference bridge line with their headsets. They join the same table, and share information with each other about what cards they are dealt, etc to try to increase their edge.

I know this is against the rules of all online poker rooms, but how do you feel about players that do this -- and does it really increase their edge that much to know what another 2 or 4 cards are?

How does this kind of thing impact your game when you're on a table with guys teaming up against you? I would have sworn I've been on tables where this has happened before, because my opponents were just TOO GOOD, and knew exactly when to hold / fold...



- Hakrjak

Originally Posted by hakrjak

How does this kind of thing impact your game when you're on a table with guys teaming up against you? I would have sworn I've been on tables where this has happened before, because my opponents were just TOO GOOD, and knew exactly when to hold / fold...



- Hakrjak

This always seems to be the case when you are playing against good players.