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  #1  
Old 03-10-2005, 11:25 AM
Lestat Lestat is offline
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Default Pros, what\'s your biggest downswing?

Hello everyone,

A poker friend of mine told me that if I want expert poker advice this is the place to go. This is my first time here and it looks pretty kool so far. I've been a live pro for over 6 years now and played semi-professionaly 3 years before that. I got a computer this xmas and I've been hearing so much about online I decided to give it a shot. A friend set me all up with Party Poker, rake back, poker tracker and something called game time plus. He said you guys would know all about these things.

Anyway, I got off to a decent start. After my first 11,000 hands I was doing 2.5 big bets per 100 hands. You online guys don't deal in hourly rates right?

My next 11,000 I made close to 1 big bet per 100 so I was really liking online so far and thinking I should have done this way sooner. Then I got absolutely positively destroyed in my third 11,000 hands LOSING 2.5 big bets per 100 hands!!

I broke even on my third 11,000 hands and I'm now losing about 1/2 big bet per 100 hands on this batch of 11,000 plus hands. The bottom line is I'm friggin stuck 3 dimes in 50,000 hands!! I gotta be playing bad but I have no idea where. This is the worst I've ever done in poker in my life. We get about 38 hands an hour out where I play live. This is like being stuck after 1315 hours!! I've never came close to playing that long stuck. If this ever happened to me in my live game, I'd quick poker for good.

I know there's not much anyone can say and I'll be posting some hands so you can get a feel for where the hell I'm going so friggen wrong. In the meantime, I assure you I'm no sucker at least in a live game. I told a friend of mine my results so far, and he couldn't believe it. But I think I might be the biggest fish who ever played online.

My first question is how big do you online pros swing? I'm on a +300 big bet downswing. I've never even came close to losing 300 big bets in my life and I've been playing for most of my living for over 9 years now! I'm going to post an AK hand I think I screwed up. But I'd really like to know what you pros have for a bankroll in the 15-30 game (I play 4 tables), and what number of big bets you think is reasonable to slide. Yesterday I was seconds away from taking a 5 iron and smashing this computer to smithereens. Any help or words of encouragement would be appreciated. Thanks.
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  #2  
Old 03-10-2005, 12:07 PM
MoDOH MoDOH is offline
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Default Re: Pros, what\'s your biggest downswing?

First of all,welcome to the forum!

And if my math skills arenīt off, I think that according to your story you should have won something like 50BB or so...

Anyhoo...

I donīt question your ability as a poker player, in fact Iīm sure that you are a very solid and winning player if you have been a pro for as long as you say.
But there is a big difference between live poker and online poker. The fact that you have been playing live poker for so long can have a detrimental effect on your online poker. On the other hand after 50k hands you should have been able to adjust.
The aggression factor online is far greater than I have ever experienced in a B&M and more so the party 30. That combined with the fact that you are multitabling could have a negative impact on your winrate...

Huge swings like this are pretty common in highly aggressive games like the party 30 but if you can adjust to the game itīs also highly profitable...

Iīm sure things will turn around for you, although you are not on a downswing... [img]/images/graemlins/wink.gif[/img]

one tip could be to cut down on the numer of tables that you play...
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  #3  
Old 03-10-2005, 12:45 PM
Lestat Lestat is offline
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Default Re: Pros, what\'s your biggest downswing?

Thanks MOdoh!

I agree I'm definitely losing something to playing so many games at once. And while the live games I'm used to can get very aggressive, they are usually not so multi-way as what I've experienced on Party Poker. I suspect I'm not playing big pots well. I'm doing a lot of raising and isolating pre-flop and I'm sure my hands are gaining equity here, but if I'm not playing the hands well after that it's better for my opponents than me. By the way, when you said...

"Iīm sure things will turn around for you, although you are not on a downswing... "

Does this mean you don't think I'm running bad, but playing bad? I can take the criticism. I'm sure no one thinks they play bad and I have to admit I have a hard time believing I'm not playing well enough to beat these guys. I am getting them to put in multiple big bets on the turn drawing to very few outs. Unfortunately, they keep getting there. I really do think that most of this is a terrible run of the cards. What I'd like to know from you is, how bad has it ever gotten for you? Thanks.
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  #4  
Old 03-10-2005, 01:11 PM
MoDOH MoDOH is offline
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Default Re: Pros, what\'s your biggest downswing?

[ QUOTE ]
Does this mean you don't think I'm running bad, but playing bad?

[/ QUOTE ]

I was referring to this...

[ QUOTE ]
Anyway, I got off to a decent start. After my first 11,000 hands I was doing 2.5 big bets per 100 hands. You online guys don't deal in hourly rates right?

My next 11,000 I made close to 1 big bet per 100 so I was really liking online so far and thinking I should have done this way sooner. Then I got absolutely positively destroyed in my third 11,000 hands LOSING 2.5 big bets per 100 hands!!

I broke even on my third 11,000 hands and I'm now losing about 1/2 big bet per 100 hands on this batch of 11,000 plus hands. The bottom line is I'm friggin stuck 3 dimes in 50,000 hands!!

[/ QUOTE ]

though Iīm not a math wizz by any means, I get this to (+2.5+1-2.5-0.5)x110 = roughly +50 BB that isnīt a downswing to me... though you are a substantial loser over your last 22k hands...

The worst downswing I ever had is 200BB over a 20K hands playing 3-6. but that is a while ago. If you are having 200BB or more in a downswing I think itīs time to stop and evaluate your play, I know I did. A good way to start would be to start posting some hands...
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  #5  
Old 03-10-2005, 02:13 PM
DpR DpR is offline
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Default Re: Pros, what\'s your biggest downswing?

Last year I played A LOT. About 13k hands per week. I had several downswings of 250BB. Never quite made 300, but it is clearly possible. I would say if you play online long enough, it is 100% certain you will have a 200+ BB losing streak.....
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  #6  
Old 03-10-2005, 03:54 PM
URMeowed URMeowed is offline
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Default Re: Pros, what\'s your biggest downswing?

[ QUOTE ]
I've been a live pro for over 6 years now and played semi-professionaly 3 years before that

[/ QUOTE ]

Being a pro for this long and winning fairly consistantly, does not necessarily mean you have a strong grasp of poker. It could just mean your competition is very weak in relation to your abilities. That's the beauty of poker. It doesn't matter how good or bad you are, if the rest of the field is worse than you, you will win.

I would be really interested what limits you normally play live and more importantly is what cardroom.

Start posting some hands. That will give me the biggest indicator to your skill level.

Keep in mind that Party 15/30 has the most interesting mix of really bad players, aggressive players and some very solid players too. This site is by far the most frustrating site to play on because of the huge swings you will go through but it is also by far the most profitable.

My guess is you are a decent player but tilts frequently when you get shown the world's fair on here.

But what do I know, I'm just a cat.

Meow.
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  #7  
Old 03-10-2005, 04:50 PM
hogger hogger is offline
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Default Re: Pros, what\'s your biggest downswing?

Start posting hands and go through lots of hands on this forum. Far as Big swings go, Party 15-30 will give you the biggest online! Toughest, Loosest, Aggresive and most importantly biggest DONKEYS on the planet play there, but it is the best place to play if you can handle it!
I am not a pro, I just supplement my income but I am a heavy player.
I lost 150 BB in 1000 hands the other day, it really suxed but I knew someday it might happen. THe games are just so wild some nights.
Ive been online since its inception and to give you an idea of (swings) bankroll requirements - I keep around 12k in party and keep 7k in paradise where I play 20-40 and some 40-80. Even though it is a bigger game at paradise I think my bankroll is much more comfortable at paradise. The swings are much smaller and I have way more winning sessions but smaller wins of coarse.
The most important thing is to keep your cool on party, don't let the donkeys put you on tilt. If you want to make less but more steady income stay out of the nuthouses!
Mike
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  #8  
Old 03-10-2005, 05:18 PM
sfer sfer is offline
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Location: New York
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Default Re: Pros, what\'s your biggest downswing?

If you've played 50K hands at the Party 15/30 it should be pretty apparent why big downswings are both possible and probable at that game, even for winning players.
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  #9  
Old 03-10-2005, 05:24 PM
Vaftrudner Vaftrudner is offline
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Join Date: Oct 2004
Posts: 132
Default 700 BB...

...over some 13 k hands or something. I'm not a pro though (but winning long term). /v
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  #10  
Old 03-10-2005, 06:37 PM
Lestat Lestat is offline
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Join Date: Mar 2005
Posts: 383
Default Re: Pros, what\'s your biggest downswing?

"Being a pro for this long and winning fairly consistantly, does not necessarily mean you have a strong grasp of poker."

Can't say much on this. I'm not into bragging and you couldn't possibly know how strong or weak my grasp of poker theory is yet. Although you soon will as I start posting more hands. Let's say that it's better than average, but I don't think I'm above learning otherwise I wouldn't have signed up on here. See the AK hand I posted earlier. I do think I botched that up. What do you think and how severe were my errors?

"It doesn't matter how good or bad you are, if the rest of the field is worse than you, you will win."

Couldn't agree more with you on this. I know lots of players people view as good who I consider bread and butter. It's ALL relative. I do consider myself fortunate to have played most of my poker career against some pretty weak competition.

"I would be really interested what limits you normally play"

I log most of my hours playing 40, but sometimes have to settle for 30-60 on days when the 40 doesn't get off. I never play lower than that and will play high as 100-200. Especially when I travel and the game looks good.

"and more importantly is what cardroom."

I decided not to give that info out. I'm pretty well known where I play and even though I might not "necessarily have a strong grasp of poker", my reputation does not come from being one of the biggest fish. I can tell you that I do some traveling and follow the side games at some of the larger tournaments. I don't mean to be rude or sound like a snob, but I have my reasons for keeping my indentity confidential. At least for now.

"My guess is you are a decent player but tilts frequently.."

And I thought cats had good intuition? -lol. You couldn't be MORE wrong. I tilt less than any pro I know and I don't know too many successful pros who have problems with tilt.

Thanks for responding and I'll look forward to reading your posts. Good luck.
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