Pokerdogg said in part:
We can debate whether 2/4 limit is beatable or not, but it really doesn't matter because you will believe what you believe, and only you can prove it for yourself. I hope you will keep good records and see in the long run how you do, I for one would love to be proven wrong.
I use an app called Poker Income and many months back I paid the $10 for this app so I have the full version. I was using this app to keep track of my tournaments at the Plaza and will continue to do so to keep track of my $2/$4 games beginning with the most recent session at the Nugget.
I am confused about one thing though, you did this whole calculation about how much you need to play 2/4, 3/6, etc. Then a few paragraphs later, you already plan to take the $400 expected in April and spend it on higher buyin tournaments and also cash games.
Well let's face some reality. Tournaments online, even the $3 deep stack rebuys, assuming a 25% ROI, is only about $125 in earnings a month and would take a fair amount of time to get up to that magic $2,000 mark I now seek. The money from April for instance will be used for at least one or two Golden Nugget tournaments at a cost of $65 each and a $2/$4 cash session where $200 will be reserved for this. The reason for playing these is pretty simple as I believe that these choices is going to be the best way to get that $2,000 as fast as possible. I suppose it could be said that saving that money and adding it to the bankroll might be a more safer approach, but since I have a lot of confidence in both of my limit cash game skills and my tournament skills I believe investing that $330 is the best way to get me to my current goal as fast as possible. Another possibility is the Friday night $125 tournament at The Orleans. I pull a top 3 finish in that and I've got I got the two grand in one shot.
You change directions more often than TBC changes his pants.Worse yet, you change the stats you keep (from what we can see here) almost as often.
You have to remember that the transition to cash games was an experiment. I didn't know whether I would like it, I didn't know if it was something that I would want to do long term, I didn't know if it was something that I would want to take the chance of financial risk upon and that's why I tried that transition online because of the lower amounts such as $0.05/$0.10 blinds. At first I enjoyed it, but I think a large part of that was due to it being something new to me and I realized after a couple of months it was just something I did not want to do. I ended up earning over $450 in those cash games online so I have no real complaints. For some reason at that time playing limit cash games didn't even dawn on me so at the time it seemed like I had two choices No Limit cash or tournaments. I erased the statistics from online when I started playing at the Plaza because as far as I was concerned I was never returning to online play again. I never fathomed that the Plaza which had seemed to have increased the amount of Interest their tournaments we're generating recently compared to when I played there previously was going to shut down on me and force me back to online. I was broadsided by that one and never even considered that possibility. As I explained to that creature lucky b I wasn't considering limit cash games as a possible full time venture until I played that session at the Golden Nugget and no unlike what he may believe it didn't have anything to do with the nice profit I pulled and it had everything to do with the enjoyment, and I'll be honest the limited financial risk. Sure no limit players may make more than me, but we each define success to our own standards. just because no limit players may make $25 an hour and maybe the best I can hope for is $16 an hour playing $4/$8 limit games if that's good enough for me then isn't that what it's really all about??
Speaking of stats, I have a hard time understanding how you can have 80% winning sessions in 2/4 limit assuming it is a normally raked game.
It's not like I was playing every day or every week, but the times that I did get to play at Chumash Casino I would play $2/$4 I had many many many winning sessions when I did so. 80% is a rough estimation.