Are You a Winning Poker Player? Records, Win Rate and Sample Size

Topic · Strategy & TipsLevel · Intermediate PokerRead · 4 min

Memory always flatters you. What to record each session, how to read hourly rate and bb/100, and why variance means a few thousand hands settles nothing.

Are You a Winning Poker Player? Records, Win Rate and Sample Size

Contents

Plenty of players have been at this for two or three years and still cannot answer whether they are actually winning. Memory always distorts it — the big winning night stays vivid, and the sessions that bled away slowly are forgotten. This page is about turning that into a number you can check.

⚡ Key takeaways
  • ✓Without records there is no answer, and recalling from memory always flatters you.
  • ✓Live play uses hourly rate, online uses bb/100, and the two cannot be compared directly.
  • ✓Variance is far larger than most people assume; a few thousand hands settles nothing.
  • ✓Short-term results and how well you played are much less connected than they feel.
  • ✓Records are not only for counting money — they show which stakes and which sessions actually pay.

What to record

One line per session is enough, and the fields are few:

  • Date and hours — required for an hourly rate live.
  • Stakes — 1/2 and 2/5 have to be counted separately, never merged.
  • Total buy-in (including rebuys) and cash-out.
  • Venue or site. At the same stakes, the standard of opposition varies enormously between places.
  • Online, add a hand count.

Profit is cash-out minus buy-in. The hard part is not the arithmetic — it is recording every session, including the ones you would rather not look at. Remembering only the winning sessions is the most common form of self-deception there is.

💡 Rebuys have to go into the buy-in column. Plenty of players record only what they sat down with, which makes the books permanently rosier than reality.

Three common measures

Total profit is the most intuitive but says nothing about efficiency. Winning 30,000 in fifty hours and in three hundred hours are completely different things.

Hourly rate = total profit ÷ total hours. The standard measure live, because hand counts cannot be tracked accurately away from a screen.

bb/100 = big blinds won per hundred hands. The standard measure online, and its advantage is that it compares across stakes: 3 bb/100 at 1/2 and 3 bb/100 at 2/5 represent a similar level of skill, the second one simply earns more.

To calculate it, convert your profit into big blinds and divide by (total hands ÷ 100). Twenty thousand hands at 1/2 for a profit of 1,200 is 600 big blinds, and 600 ÷ 200 = 3 bb/100.

For reference: in online six-max cash games, 2 to 5 bb/100 already makes you a solid winner. Anyone claiming a long-term 20 bb/100 is almost always working from too small a sample or from very low stakes.

Sample size: this is the part that matters

Most players underestimate the scale of variance.

Standard deviation in online cash games runs at roughly 80 to 100 big blinds per hundred hands — while a good winner’s expectation is around 3 bb/100. The noise is thirty times the signal.

Which means:

  • A few thousand hands mean nothing at all. The result is almost entirely luck.
  • Twenty or thirty thousand hands can still mislead you badly. A genuine winner losing money over that sample is perfectly normal.
  • Reasonable confidence that you are a winner usually needs a hundred thousand hands or more.
  • Live play sees only twenty or thirty hands an hour, so the sample builds dozens of times more slowly. Judge it in hundreds of hours, not in sessions.
💡 Losing for several weeks does not mean you have got worse, and winning for several weeks does not mean you have got better. Downswings are a certainty, not a warning about your game.

What records are really for

Totalling it up is only the surface. After a few months you can break it down:

  • Which stakes actually pay. Some players win steadily at 1/2 and become losers at 2/5, and the records will tell you honestly.
  • Which sessions are worth attending. A Friday night game and a Tuesday afternoon game can have completely different line-ups.
  • How long before you deteriorate. Many players are winners for three hours and start giving it back in the fifth. Without records this is invisible.

These conclusions are worth far more than knowing how much you made this month.

Do not treat results as a measure of play

Any single session contains a great deal of luck. To judge how well you played, look at decision quality:

  • Did you call when the price was not there?
  • Did you bluff opponents who do not fold?
  • Did emotion change the way you played?

None of these has a necessary relationship with the day’s result. You can make every decision correctly and still lose the session. Judging decisions by outcomes is the most expensive thinking habit in poker.

As for what these numbers have to look like before turning professional is worth considering, that is covered in what it takes to play poker professionally.

Common mistakes

✗ Mistake: Remembering only the winning sessionsRecall always flatters you, because the big winning night is vivid and the sessions that bled away are quickly forgotten. Either record every session, or accept that you do not know the answer.
✗ Mistake: Drawing conclusions from a few thousand handsStandard deviation online runs at 80 to 100 bb/100 while a good winner expects around 3 bb/100. Over a few thousand hands the result is decided almost entirely by luck, and any conclusion drawn from it is worthless.
✗ Mistake: Merging different stakes into one figureHourly rates at 1/2 and 2/5 cannot be added and averaged. Record and read them separately, or you will never see which level you actually have an edge at.
✗ Mistake: Leaving rebuys out of the buy-inRecording only the initial buy-in and ignoring what you added makes the books look better than reality. Buy-in has to be the total; this is the single field most likely to cause a long-term misjudgement.
FAQ
How do I calculate bb/100?
Convert your total profit into big blinds and divide by one hundredth of your total hands. Twenty thousand hands at 1/2 for a profit of 1,200 is 600 big blinds; 600 divided by 200 gives 3 bb/100. The advantage of this unit is that it compares skill across stakes.
What bb/100 counts as a winning player?
In online six-max cash games, 2 to 5 bb/100 is a solid winner. The number looks small but adds up substantially over time. Claims of a long-term rate in the twenties usually come from a small sample or very low stakes and are not a level anyone can replicate.
How many hands before I know whether I am winning?
Online, usually a hundred thousand or more, because variance is dozens of times the size of the win rate. Over twenty or thirty thousand hands, a genuine winner losing money is entirely normal. Live play sees only twenty or thirty hands an hour, so use hours instead and expect to need several hundred.
What do I do live where hand counts are impossible?
Use an hourly rate. Record the hours and the result for each session, and divide total profit by total hours. It is the standard live measure; its weakness is that it cannot be compared across stakes, so each level has to be tracked separately.
Does losing for weeks mean I have got worse?
Not necessarily. Given the scale of variance online, downswings lasting weeks or even months happen to genuine winners. To judge whether your game has slipped, look at decision quality — calling when the price is wrong, bluffing players who never fold — rather than at the results over that stretch.

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