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20<br />
1. 400 * 30 = 12,000<br />
2. 12,000 / 100 = 120<br />
3. $0.10 * 7 = $0.70<br />
4. 120 * $0.70 = $84<br />
As you can see, his expectation of $100 a week from NL10 is a<br />
bit ambitious. Not only that, he's averaging $2.80 an hour. He<br />
may be much better off flipping burgers in terms of dollars per<br />
hour.<br />
Eventually it’s good to think in terms of an hourly earn. If the<br />
previous equation we had gives you $10 an hour, then this is<br />
how you should think about an hour spent at the table. A good<br />
example of how this helps is playing micro-stakes. As I said<br />
before, most beginning players want to play a lot. However,<br />
they may be spending all that time with an expectation of $1 an<br />
hour. Is that how you really want to spend your time? So, for<br />
those coming to this game for money, which is probably most<br />
people reading this book, you need to view the micro-stakes<br />
game as a stepping-stone. Micro-stakes should be used as a way<br />
for you to learn the game. Focus on learning the game there and<br />
not playing 15 tables for 10 hours a day. Another important<br />
reason to think about the game in terms of an hourly earn is<br />
when you’re down a lot in a session. Let’s say you’ve just<br />
started playing, and you’re down five buy-ins in one hour. Many<br />
times a player will say “I’m going to keep playing for another<br />
hour to try to get my money back.” This is bad thinking. If you<br />
decided to play for another hour, you should value that next hour<br />
in terms of your hourly earn. However, it will probably be worse<br />
than that because we just tend to play worse when things aren’t<br />
going well. So, my biggest recommendation is simply not to<br />
worry about the money when you get started. Focus on learning<br />
the game and properly applying the concepts you learn. It’s<br />
really best just to concede that you’re probably going to lose