Poker thread [again]

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I've jacked in online poker. I've won thousands & lost thousands, but half the skill of poker is lost on-line, as you can't get a read on the opponent aside from any obvious raising habits or quick / slow bets. Face to face or nothing for me these days.
 
Cheers for the comments. I'm chuffed that you approve of my bankroll management, as someone who (tries) trading, I'm got a keen appreciation for bankroll management, ie never risking too much on any single bet, and being able to survive a string of losses. I already had one drawdown of about 27% when I lost about 4 all-ins to the same donk, despite being ahead each time.

I prefer cash tables rather than STTs or MTTs. Easier to just up and leave when you need to do something else.. useful for when the wife calls for dinner time!

Bankroll is up to $105.. I'm definitely a better player now than I was when I started out for the first couple of weeks, when I used to bust out a lot but still managed to turn in a profit.

I managed to amass nearly 5bn chips on Facebook Zynga poker a couple of years ago, starting from an initial 100,000 I think. However as this is not real money people play much looser, and when you move to playing for real money you invariably get smashed about until you considerably change how you play.

The standard of play will increase at each level, but you will still find plenty of idiots to feast on, right up to 50c/1. Then you will likely need certain poker tools, such as Holdem Manager & HUD's.

At some point you would be wise to read up on PLO strategy on sites such as 2+2 to help advance your game. Will also help you plug a few leaks.

And don't get to down on yourself when you go on big down swings. Variance in PLO is a B1TCH!!

http://forumserver.twoplustwo.com/search.php?searchid=35980912

Tons of info there on BRM
 
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Webby,

Whats these bots you're talking about.

I've jibbed the NLH, as you say, cos I kept getting done by last card mings with 2 and 5 off suit staying in until the river. I assumed it was some kind of fix.

If thats no so easy in PLH I might get back into it?
 

Webby,

Whats these bots you're talking about.

I've jibbed the NLH, as you say, cos I kept getting done by last card mings with 2 and 5 off suit staying in until the river. I assumed it was some kind of fix.

If thats no so easy in PLH I might get back into it?

It's pretty well known that poker bots exist and are in operation on most poker sites, especially on the micro-stakes cash tables where they can just be left running all day. Although they're specifically banned on most sites rules and they will ban the account if they find you are using one. How profitable they are nobody really knows - poker is not a game where you can easily program an algorithm that will act like an advanced player, but at lower levels you can grind away simply with a good tight TAG positive expectency-value game and upping the volume so that variance evens itself out.

However if you're getting beaten by crap hands at showdown then something else probably needs plugging in your game.

I would definitely advise you to give PLO a try, though. You're probably lose and get frustrated at first because it's a very different game to NLHE - you are constantly drawing to the nuts, and you have to learn to lay down big hands. Is the board paired and someone has called a bet? Learn to lay down trips when the board is straighty, lay down your straight when the board is flushed, and be prepared to lay down trips/straight/flush if the board pairs.
 
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The standard of play will increase at each level, but you will still find plenty of idiots to feast on, right up to 50c/1. Then you will likely need certain poker tools, such as Holdem Manager & HUD's.

At some point you would be wise to read up on PLO strategy on sites such as 2+2 to help advance your game. Will also help you plug a few leaks.

And don't get to down on yourself when you go on big down swings. Variance in PLO is a B1TCH!!

http://forumserver.twoplustwo.com/search.php?searchid=35980912

Tons of info there on BRM

Cheers,
As my game is improving I've managed to keep the variance pretty low- going from a bankroll of $45 to $120, all with $2buy-ins, I managed to not experience a downswing of greater than about 4 buy-ins ($8), so I'm very happy with that aspect.

I've grinded my way up to the 2c/5c tables now, and I can already notice already that there are more good players, and fewer no-clue players. Haven't really played enough hands at this level yet to make it significant, but so far I'm slight up.

One aspect of my game that I've developed very well playing PLO is the importance of Position. It's even more important than having position in NLHE because the hand equities run closer. I probably play 80-90% of my hands when I've got the button, and maybe 60-70% in the cutoff, decreasing all the way to the UTG position. If poker is a game of partial information then in multi-handed pots with 4 cards in each hand, there's an awful lot of information players will reveal about the relative strength of their hand during a round of betting before it gets back roud to the button.
 
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It's pretty well known that poker bots exist and are in operation on most poker sites, especially on the micro-stakes cash tables where they can just be left running all day. Although they're specifically banned on most sites rules and they will ban the account if they find you are using one. How profitable they are nobody really knows - poker is not a game where you can easily program an algorithm that will act like an advanced player, but at lower levels you can grind away simply with a good tight TAG positive expectency-value game and upping the volume so that variance evens itself out.

However if you're getting beaten by crap hands at showdown then something else probably needs plugging in your game.
can I join please,
 
Here's my session history so far since I've been playing regularly.

Note that this is not quite the same as the typical hand history chart, so it looks like I had one big drawdown on 31st Oct, however in reality it was not that bad because that was a very wild session, but I had a lot of money still in-play on the tables at that point.


pokerchart1.jpg
 
Fook me. Reckon Ive logged 20+ hrs this weekend. Account is up to $160 but not without some pretty uncomfortable downswings. Will probably stay at this level until I've built up to 100buyins, which could easily take a couple of months.

i know this may sound silly but I reckon if I keep going its possible to make a hell of a lot of money, eventually. It just takes a lot of time and grinding away, and then readjusting and getting comfortable with the bigger amounts of money at play when you move up a table size.

I reckon its possible to earn a living playing as small as the 20c/50c level, if your volume is high enough, ie >10k hands a month. Of course a life of grinding on the micro tables is not what most aspiring poker pros envisage, and you'd probably want to move to bigger tables when bankroll allows it.
 

Might take up PLO because just to echo what's already been said there's nothing more infuriating then some donk hitting the river with some ridiculous hand.

Don't really understand these people, why not just play roulette? They call chunky river bets when they must KNOW that the only way they can win is with a two outer or something, most of the time they can't even claim it's to bluff on the river because we won't be that stacked.

Baffling.
 
Looks like, as ever, I'm several years too late to the party.. there's less easy money around these days.

http://www.pocketfives.com/articles/pokerscout-online-poker-traffic-hits-six-year-low-588724/

590613-pokerscout-poker-liquidity.jpg



Steve0, you get donks in PLO too, that's just the nature of the game, you just need to have a bankroll sufficient that you can reload without worrying about getting busted by the odd hollywood player and carry on grinding away making positive expect value choices, and then let it work itself out over the long run.
 
I just started to dabble with Limit Hold'em.

It's slightly.. boring.. in that you can't really pull big moves and control the pot size because of the betting structure.

But the implications of this are huge...

- Multi-way pots are much more common, as no one can really control the pot with an oversize bet.
- Leading hands are correct to raise because they're ahead, and drawing hands are correct to call because they have the pot odds in their favour.
- if you suspect some donk has cracked your Aces with 10-7 offsuit then if you are smart the worst you can do is to call down the maximum bet and lose a fixed amount. Almost worth calling just to see their hole cards.
- Flush and straight draws now play much better, as you usually have the pot odds to make the call.

It's much more of a grinder's game, more straightforward that NLHE or PLO, and if you stick to a TAG game then you can do well almost immediately.
You can't just shove all your chips into the middle; the probability of getting busted and losing your whole stack to a spewy player in one hand is zero. You won't go on tilt with a bad beat playing LHE. Implied odds are not such a big factor. You simply play for what's in the pot and either hope that the draws don't hit their hand, or if you are drawing hope that you hit it and get paid off a little.
 
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Back when FTP was still up and running in the USA (I thankfully took my money out six months prior to the shut down), I got to the final table of an 882 player tournament. Then, I got to be heads up. The opponent made all sorts of strange bets and folds which made no sense to me at all. I came to the conclusion that it was a poker bot which I found very strange. Needless to say, I won the tournament.

Lately, I've been playing live cash games a couple of times a week and use a poker income app to track how I'm doing. A lot of people will tell you that "they're up" when in reality, they have no idea how they're doing and are more than likely down or in the hole. That app will track everything for you which is nice.

I've been doing well and making money but trying not to play too much as I want to continue to enjoy the game and I'm always trying to learn how to be a better player.
 
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